N&B Transport: 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 Transport
Largest movements
- Tangible fixed assets -€14,295
down €14,295 (-26.6%), from €53,735 to €39,440
of which Leasing and similar rights: -€49,952
- Receivables within one year -€3,941
down €3,941 (-98.1%), from €4,016 to €74
- Current portion of long-term debt -€20,300
no longer reported in 2025 (was €20,300)
- Short-term financial debts +€2,924
up €2,924 (+109%), from €2,671 to €5,594
- Tax, wage and social debts +€1,619
up €1,619 (+41.6%), from €3,889 to €5,508
- Profit (loss) carried forward -€1,037
down €1,037 (-7.0%), from €14,820 to €13,784
- Trade debts -€874
down €874 (-6.9%), from €12,592 to €11,719
- Depreciation +€18,220
up €18,220 (+1,762%), from €1,034 to €19,254
- Gross operating margin +€10,143
up €10,143 (+66.5%), from €15,261 to €25,404
- Other operating charges -€3,802
down €3,802 (-66.7%), from €5,700 to €1,898
- Taxes +€984
up €984 (+68.7%), from €1,432 to €2,415
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €57,886 | €40,564 | -€17,322 | -29.9% |
| Fixed assets | 21/28 | €53,870 | €39,995 | -€13,875 | -25.8% |
| Tangible fixed assets | 22/27 | €53,735 | €39,440 | -€14,295 | -26.6% |
| Furniture and vehicles | 24 | €1,952 | €37,609 | +€35,657 | +1,827% |
| Leasing and similar rights | 25 | €51,783 | €1,832 | -€49,952 | -96.5% |
| Financial fixed assets | 28 | €135 | €555 | +€420 | +311% |
| Current assets | 29/58 | €4,016 | €569 | -€3,447 | -85.8% |
| Amounts receivable within one year | 40/41 | €4,016 | €74 | -€3,941 | -98.1% |
| Trade receivables | 40 | €4,016 | €74 | -€3,941 | -98.1% |
| Deferred charges and accrued income | 490/1 | - | €495 | +€495 | |
| Total equity and liabilities | 10/49 | €57,886 | €40,564 | -€17,322 | -29.9% |
| Equity | 10/15 | €16,820 | €15,784 | -€1,037 | -6.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,820 | €13,784 | -€1,037 | -7.0% |
| Amounts payable | 17/49 | €41,066 | €24,781 | -€16,285 | -39.7% |
| Amounts payable within one year | 42/48 | €41,066 | €24,781 | -€16,285 | -39.7% |
| Current portion of amounts payable after more than one year | 42 | €20,300 | - | -€20,300 | |
| Financial debts | 43 | €2,671 | €5,594 | +€2,924 | +109% |
| Credit institutions | 430/8 | €2,671 | €5,594 | +€2,924 | +109% |
| Trade debts | 44 | €12,592 | €11,719 | -€874 | -6.9% |
| Suppliers | 440/4 | €12,592 | €11,719 | -€874 | -6.9% |
| Taxes, remuneration and social security | 45 | €3,889 | €5,508 | +€1,619 | +41.6% |
| Taxes | 450/3 | €3,889 | €5,508 | +€1,619 | +41.6% |
| Other amounts payable | 47/48 | €1,614 | €1,960 | +€346 | +21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,034 | €19,254 | +€18,220 | +1,762% |
| Other operating charges | 640/8 | €5,700 | €1,898 | -€3,802 | -66.7% |
| Gross operating margin | 9900 | €15,261 | €25,404 | +€10,143 | +66.5% |
| Operating profit (loss) | 9901 | €8,527 | €4,251 | -€4,276 | -50.1% |
| Financial charges | 65/66B | €3,127 | €2,873 | -€254 | -8.1% |
| Recurring financial charges | 65 | €3,127 | €2,873 | -€254 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | €5,400 | €1,379 | -€4,022 | -74.5% |
| Income taxes | 67/77 | €1,432 | €2,415 | +€984 | +68.7% |
| Profit (loss) for the period | 9904 | €3,969 | -€1,037 | -€5,005 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,969 | -€1,037 | -€5,005 |
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 29 October 2026 via checked.be.