N-Bel: 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-Bel
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward +€2,377
up €2,377 (+85.3%), from -€2,787 to -€410
- Trade debts -€1,377
down €1,377 (-77.1%), from €1,787 to €410
- Tax, wage and social debts -€1,000
no longer reported in 2025 (was €1,000)
- Gross operating margin +€4,167
up €4,167, from -€1,380 to €2,787
- Other operating charges -€978
down €978 (-70.5%), from €1,387 to €410
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 | % |
|---|---|---|---|---|---|
| Equity | 10/15 | -€2,787 | -€410 | +€2,377 | +85.3% |
| Profit (loss) carried forward | 14 | -€2,787 | -€410 | +€2,377 | +85.3% |
| Amounts payable | 17/49 | €2,787 | €410 | -€2,377 | -85.3% |
| Amounts payable within one year | 42/48 | €2,787 | €410 | -€2,377 | -85.3% |
| Trade debts | 44 | €1,787 | €410 | -€1,377 | -77.1% |
| Suppliers | 440/4 | €1,787 | €410 | -€1,377 | -77.1% |
| Taxes, remuneration and social security | 45 | €1,000 | - | -€1,000 | |
| Taxes | 450/3 | €1,000 | - | -€1,000 | |
| Non-recurring operating income | 76A | - | €2,787 | +€2,787 | |
| Other operating charges | 640/8 | €1,387 | €410 | -€978 | -70.5% |
| Gross operating margin | 9900 | -€1,380 | €2,787 | +€4,167 | |
| Operating profit (loss) | 9901 | -€2,768 | €2,377 | +€5,145 | |
| Financial charges | 65/66B | €19 | - | -€19 | |
| Recurring financial charges | 65 | €19 | - | -€19 | |
| Profit (loss) for the period before taxes | 9903 | -€2,787 | €2,377 | +€5,164 | |
| Profit (loss) for the period | 9904 | -€2,787 | €2,377 | +€5,164 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,787 | €2,377 | +€5,164 |
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 14 October 2026 via checked.be.