N.B.C. & C°: 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.B.C. & C°
Largest movements
- Stocks and contracts -€262,446
down €262,446 (-21.0%), from €1.3m to €987,880
- Receivables within one year +€210,773
new in 2025: €210,773
- Short-term financial debts -€217,560
down €217,560 (-60.4%), from €360,000 to €142,440
- Profit (loss) carried forward +€118,049
up €118,049 (+479%), from €24,620 to €142,668
- Other debts +€28,125
up €28,125 (+10.8%), from €260,826 to €288,951
- Tax, wage and social debts +€21,573
new in 2025: €21,573
- Gross operating margin +€171,330
up €171,330, from -€984 to €170,346
- Taxes +€21,573
new in 2025: €21,573
- Financial charges +€8,188
up €8,188 (+37.4%), from €21,915 to €30,102
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 | €1,257,846 | €1,208,126 | -€49,719 | -4.0% |
| Current assets | 29/58 | €1,257,846 | €1,208,126 | -€49,719 | -4.0% |
| Stocks and contracts in progress | 3 | €1,250,327 | €987,880 | -€262,446 | -21.0% |
| Stocks | 30/36 | €1,250,327 | €987,880 | -€262,446 | -21.0% |
| Amounts receivable within one year | 40/41 | - | €210,773 | +€210,773 | |
| Trade receivables | 40 | - | €210,773 | +€210,773 | |
| Cash at bank and in hand | 54/58 | €7,469 | €9,423 | +€1,954 | +26.2% |
| Deferred charges and accrued income | 490/1 | €50 | €50 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,257,846 | €1,208,126 | -€49,719 | -4.0% |
| Equity | 10/15 | €37,020 | €155,068 | +€118,049 | +319% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,620 | €142,668 | +€118,049 | +479% |
| Amounts payable | 17/49 | €1,220,826 | €1,053,058 | -€167,768 | -13.7% |
| Amounts payable after more than one year | 17 | €600,000 | €600,000 | = | 0.0% |
| Other amounts payable | 178/9 | €600,000 | €600,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €620,826 | €452,964 | -€167,862 | -27.0% |
| Financial debts | 43 | €360,000 | €142,440 | -€217,560 | -60.4% |
| Credit institutions | 430/8 | €360,000 | €142,440 | -€217,560 | -60.4% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | - | €21,573 | +€21,573 | |
| Taxes | 450/3 | - | €21,573 | +€21,573 | |
| Other amounts payable | 47/48 | €260,826 | €288,951 | +€28,125 | +10.8% |
| Accrued charges and deferred income | 492/3 | - | €94 | +€94 | |
| Other operating charges | 640/8 | €758 | €622 | -€136 | -18.0% |
| Gross operating margin | 9900 | -€984 | €170,346 | +€171,330 | |
| Operating profit (loss) | 9901 | -€1,742 | €169,724 | +€171,466 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €21,915 | €30,102 | +€8,188 | +37.4% |
| Recurring financial charges | 65 | €21,915 | €30,102 | +€8,188 | +37.4% |
| Profit (loss) for the period before taxes | 9903 | -€23,657 | €139,622 | +€163,279 | |
| Income taxes | 67/77 | - | €21,573 | +€21,573 | |
| Profit (loss) for the period | 9904 | -€23,657 | €118,049 | +€141,706 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,657 | €118,049 | +€141,706 |
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.