N-Able: what changed
Two financial 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-Able
Largest movements
- Current investments -€5,974
down €5,974 (-33.0%), from €18,110 to €12,136
- Tangible fixed assets -€4,605
down €4,605 (-12.0%), from €38,352 to €33,747
of which Furniture and vehicles: -€6,158
- Cash -€3,620
down €3,620 (-44.6%), from €8,117 to €4,497
mainly Contributions, distributions and other (-€15,000) and Net result for the year (-€6,866)
- Reserves -€21,866
down €21,866 (-53.3%), from €41,010 to €19,144
- Other debts +€8,706
up €8,706 (+9,876%), from €88 to €8,794
- Accrued charges and deferred income -€1,591
down €1,591 (-68.2%), from €2,332 to €741
- Tax, wage and social debts +€1,232
up €1,232 (+25.8%), from €4,771 to €6,004
- Gross operating margin -€11,389
down €11,389 (-86.8%), from €13,127 to €1,738
- Depreciation +€5,876
up €5,876 (+222%), from €2,645 to €8,522
- Taxes -€2,788
down €2,788 (-83.0%), from €3,359 to €571
- Financial income +€1,381
up €1,381 (+3,376%), from €41 to €1,422
From the 2024 result to the 2025 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.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €68,427 | €54,988 | -€13,439 | -19.6% |
| Fixed assets | 21/28 | €38,352 | €33,747 | -€4,605 | -12.0% |
| Tangible fixed assets | 22/27 | €38,352 | €33,747 | -€4,605 | -12.0% |
| Plant, machinery and equipment | 23 | - | €1,652 | +€1,652 | |
| Furniture and vehicles | 24 | €30,748 | €24,590 | -€6,158 | -20.0% |
| Other tangible fixed assets | 26 | €7,605 | €7,505 | -€100 | -1.3% |
| Current assets | 29/58 | €30,075 | €21,241 | -€8,834 | -29.4% |
| Amounts receivable within one year | 40/41 | €3,110 | €3,576 | +€466 | +15.0% |
| Trade receivables | 40 | €1,486 | €3,576 | +€2,090 | +141% |
| Other amounts receivable | 41 | €1,625 | €0 | -€1,625 | -100% |
| Current investments | 50/53 | €18,110 | €12,136 | -€5,974 | -33.0% |
| Cash at bank and in hand | 54/58 | €8,117 | €4,497 | -€3,620 | -44.6% |
| Deferred charges and accrued income | 490/1 | €737 | €1,032 | +€295 | +40.0% |
| Total equity and liabilities | 10/49 | €68,427 | €54,988 | -€13,439 | -19.6% |
| Equity | 10/15 | €59,610 | €37,744 | -€21,866 | -36.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,010 | €19,144 | -€21,866 | -53.3% |
| Distributable reserves | 133 | €41,010 | €19,144 | -€21,866 | -53.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €8,816 | €17,243 | +€8,427 | +95.6% |
| Amounts payable within one year | 42/48 | €6,484 | €16,502 | +€10,018 | +155% |
| Trade debts | 44 | €1,625 | €1,704 | +€80 | +4.9% |
| Suppliers | 440/4 | €1,625 | €1,704 | +€80 | +4.9% |
| Taxes, remuneration and social security | 45 | €4,771 | €6,004 | +€1,232 | +25.8% |
| Taxes | 450/3 | €4,771 | €6,004 | +€1,232 | +25.8% |
| Other amounts payable | 47/48 | €88 | €8,794 | +€8,706 | +9,876% |
| Accrued charges and deferred income | 492/3 | €2,332 | €741 | -€1,591 | -68.2% |
| Non-recurring operating income | 76A | €6,235 | €0 | -€6,235 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,645 | €8,522 | +€5,876 | +222% |
| Other operating charges | 640/8 | €831 | €820 | -€10 | -1.2% |
| Gross operating margin | 9900 | €13,127 | €1,738 | -€11,389 | -86.8% |
| Operating profit (loss) | 9901 | €9,651 | -€7,604 | -€17,255 | |
| Financial income | 75/76B | €41 | €1,422 | +€1,381 | +3,376% |
| Recurring financial income | 75 | €41 | €1,422 | +€1,381 | +3,376% |
| Financial charges | 65/66B | €160 | €113 | -€46 | -29.0% |
| Recurring financial charges | 65 | €160 | €113 | -€46 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | €9,533 | -€6,295 | -€15,828 | |
| Income taxes | 67/77 | €3,359 | €571 | -€2,788 | -83.0% |
| Profit (loss) for the period | 9904 | €6,173 | -€6,866 | -€13,040 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,173 | -€6,866 | -€13,040 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.