N.A.B.: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
N.A.B.
Largest movements
- Receivables within one year +€169,179
up €169,179 (+1231.1%), from €13,743 to €182,922
of which Other amounts receivable: +€177,500
- Cash -€34,947
down €34,947 (-21.0%), from €166,383 to €131,436
mainly Receivables within one year (-€169,179) and Contributions, distributions and other (-€159,563)
- Total equity and liabilities +€138,452
up €138,452 (+43.6%), from €317,729 to €456,181
of which Equity: +€114,563
- Gross operating margin +€121,632
up €121,632 (+155.2%), from €78,384 to €200,016
- Provisions -€65,000
no longer reported in 2024 (was €65,000)
- Staff costs +€28,901
up €28,901 (+1041.1%), from €2,776 to €31,677
- Taxes -€19,151
down €19,151 (-95.8%), from €20,000 to €849
- Other operating charges -€5,425
down €5,425 (-91.5%), from €5,929 to €503
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €317,729 | €456,181 | +€138,452 | +43.6% |
| Fixed assets | 21/28 | €88,531 | €89,999 | +€1,468 | +1.7% |
| Tangible fixed assets | 22/27 | €88,531 | €89,999 | +€1,468 | +1.7% |
| Land and buildings | 22 | €55,002 | €55,002 | = | 0.0% |
| Plant, machinery and equipment | 23 | €22,801 | €19,858 | -€2,943 | -12.9% |
| Furniture and vehicles | 24 | €10,728 | €15,139 | +€4,411 | +41.1% |
| Current assets | 29/58 | €229,198 | €366,181 | +€136,984 | +59.8% |
| Stocks and contracts in progress | 3 | €49,073 | €49,073 | = | 0.0% |
| Stocks | 30/36 | €49,073 | €49,073 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €13,743 | €182,922 | +€169,179 | +1231.1% |
| Trade receivables | 40 | €13,743 | €5,422 | -€8,321 | -60.5% |
| Other amounts receivable | 41 | - | €177,500 | +€177,500 | |
| Cash at bank and in hand | 54/58 | €166,383 | €131,436 | -€34,947 | -21.0% |
| Deferred charges and accrued income | 490/1 | - | €2,751 | +€2,751 | |
| Total equity and liabilities | 10/49 | €317,729 | €456,181 | +€138,452 | +43.6% |
| Equity | 10/15 | €147,766 | €262,328 | +€114,563 | +77.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €56,761 | €16,761 | -€40,000 | -70.5% |
| Non-distributable reserves | 130/1 | €16,761 | €16,761 | = | 0.0% |
| Reserves not available under the articles | 1311 | €16,761 | €16,761 | = | 0.0% |
| Distributable reserves | 133 | €56,761 | - | -€56,761 | |
| Profit (loss) carried forward | 14 | €89,504 | €244,067 | +€154,563 | +172.7% |
| Provisions and deferred taxes | 16 | €65,000 | €65,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €65,000 | €65,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €65,000 | €65,000 | = | 0.0% |
| Amounts payable | 17/49 | €169,963 | €128,853 | -€41,111 | -24.2% |
| Amounts payable within one year | 42/48 | €159,063 | €128,853 | -€30,211 | -19.0% |
| Trade debts | 44 | €62,057 | €48,038 | -€14,019 | -22.6% |
| Suppliers | 440/4 | €62,057 | €48,038 | -€14,019 | -22.6% |
| Taxes, remuneration and social security | 45 | €58,330 | €8,537 | -€49,794 | -85.4% |
| Taxes | 450/3 | €58,194 | €8,515 | -€49,679 | -85.4% |
| Remuneration and social security | 454/9 | €136 | €21 | -€115 | -84.3% |
| Other amounts payable | 47/48 | €38,676 | €72,278 | +€33,602 | +86.9% |
| Accrued charges and deferred income | 492/3 | €10,900 | - | -€10,900 | |
| Remuneration, social security and pensions | 62 | €2,776 | €31,677 | +€28,901 | +1041.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,605 | €6,032 | +€1,426 | +31.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €65,000 | - | -€65,000 | |
| Other operating charges | 640/8 | €5,929 | €503 | -€5,425 | -91.5% |
| Gross operating margin | 9900 | €78,384 | €200,016 | +€121,632 | +155.2% |
| Operating profit (loss) | 9901 | €65,074 | €161,804 | +€96,730 | +148.6% |
| Financial income | 75/76B | €45 | - | -€45 | |
| Recurring financial income | 75 | €45 | - | -€45 | |
| Financial charges | 65/66B | €750 | €1,392 | +€642 | +85.6% |
| Recurring financial charges | 65 | €750 | €1,392 | +€642 | +85.6% |
| Profit (loss) for the period before taxes | 9903 | €64,369 | €160,412 | +€96,043 | +149.2% |
| Income taxes | 67/77 | €20,000 | €849 | -€19,151 | -95.8% |
| Profit (loss) for the period | 9904 | €44,369 | €159,563 | +€115,194 | +259.6% |
| Profit (loss) for the period to be appropriated | 9905 | €44,369 | €159,563 | +€115,194 | +259.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.