N&B Works: 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 Works
Largest movements
- Tangible fixed assets -€24,889
no longer reported in 2025 (was €24,889)
- Cash +€1,730
up €1,730 (+96.6%), from €1,791 to €3,521
mainly Investment in fixed assets (net) (+€24,889) and Net result for the year (+€9,750)
- Other debts -€32,000
down €32,000 (-14.1%), from €226,897 to €194,897
- Profit (loss) carried forward +€9,750
up €9,750 (+4.8%), from -€202,525 to -€192,776
- Tax, wage and social debts -€998
no longer reported in 2025 (was €998)
- Depreciation -€1,867
no longer reported in 2025 (was €1,867)
- Gross operating margin +€1,598
up €1,598 (+19.0%), from €8,423 to €10,021
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 | €26,680 | €3,521 | -€23,159 | -86.8% |
| Fixed assets | 21/28 | €24,889 | - | -€24,889 | |
| Tangible fixed assets | 22/27 | €24,889 | - | -€24,889 | |
| Land and buildings | 22 | €24,889 | - | -€24,889 | |
| Current assets | 29/58 | €1,791 | €3,521 | +€1,730 | +96.6% |
| Cash at bank and in hand | 54/58 | €1,791 | €3,521 | +€1,730 | +96.6% |
| Total equity and liabilities | 10/49 | €26,680 | €3,521 | -€23,159 | -86.8% |
| Equity | 10/15 | -€201,525 | -€191,776 | +€9,750 | +4.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€202,525 | -€192,776 | +€9,750 | +4.8% |
| Amounts payable | 17/49 | €228,205 | €195,297 | -€32,908 | -14.4% |
| Amounts payable within one year | 42/48 | €228,205 | €195,297 | -€32,908 | -14.4% |
| Trade debts | 44 | €311 | €400 | +€89 | +28.7% |
| Suppliers | 440/4 | €311 | €400 | +€89 | +28.7% |
| Taxes, remuneration and social security | 45 | €998 | - | -€998 | |
| Taxes | 450/3 | €998 | - | -€998 | |
| Other amounts payable | 47/48 | €226,897 | €194,897 | -€32,000 | -14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,867 | - | -€1,867 | |
| Other operating charges | 640/8 | €56 | €99 | +€43 | +75.4% |
| Gross operating margin | 9900 | €8,423 | €10,021 | +€1,598 | +19.0% |
| Operating profit (loss) | 9901 | €6,500 | €9,922 | +€3,422 | +52.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €254 | €173 | -€81 | -32.0% |
| Recurring financial charges | 65 | €254 | €173 | -€81 | -32.0% |
| Profit (loss) for the period before taxes | 9903 | €6,246 | €9,750 | +€3,504 | +56.1% |
| Profit (loss) for the period | 9904 | €6,246 | €9,750 | +€3,504 | +56.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,246 | €9,750 | +€3,504 | +56.1% |
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 23 October 2026 via checked.be.