N.N.B.: 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.N.B.
Largest movements
- Receivables within one year -€9,190
down €9,190 (-94.4%), from €9,740 to €550
of which Other amounts receivable: -€9,740
- Cash -€2,067
down €2,067 (-52.5%), from €3,936 to €1,869
mainly Other debts (-€17,458) and Short-term financial debts (-€1,007)
- Other debts -€17,458
down €17,458 (-82.5%), from €21,169 to €3,711
- Profit (loss) carried forward +€5,372
up €5,372 (+13.8%), from -€38,865 to -€33,493
- Trade debts +€1,988
new in 2025: €1,988
- Short-term financial debts -€1,007
down €1,007 (-8.4%), from €11,990 to €10,982
- Tax, wage and social debts -€242
down €242 (-11.3%), from €2,137 to €1,895
- Gross operating margin -€955
down €955 (-8.9%), from €10,711 to €9,756
- Financial charges +€325
up €325 (+19.3%), from €1,686 to €2,011
- Taxes -€242
down €242 (-11.3%), from €2,137 to €1,895
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 | €15,023 | €3,676 | -€11,348 | -75.5% |
| Fixed assets | 21/28 | €1,347 | €1,256 | -€91 | -6.8% |
| Tangible fixed assets | 22/27 | €1,347 | €1,256 | -€91 | -6.8% |
| Furniture and vehicles | 24 | €1,347 | €1,256 | -€91 | -6.8% |
| Current assets | 29/58 | €13,676 | €2,419 | -€11,257 | -82.3% |
| Amounts receivable within one year | 40/41 | €9,740 | €550 | -€9,190 | -94.4% |
| Trade receivables | 40 | - | €550 | +€550 | |
| Other amounts receivable | 41 | €9,740 | - | -€9,740 | |
| Cash at bank and in hand | 54/58 | €3,936 | €1,869 | -€2,067 | -52.5% |
| Total equity and liabilities | 10/49 | €15,023 | €3,676 | -€11,348 | -75.5% |
| Equity | 10/15 | -€20,273 | -€14,901 | +€5,372 | +26.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,865 | -€33,493 | +€5,372 | +13.8% |
| Amounts payable | 17/49 | €35,296 | €18,577 | -€16,719 | -47.4% |
| Amounts payable within one year | 42/48 | €35,296 | €18,577 | -€16,719 | -47.4% |
| Financial debts | 43 | €11,990 | €10,982 | -€1,007 | -8.4% |
| Credit institutions | 430/8 | €11,990 | €10,982 | -€1,007 | -8.4% |
| Trade debts | 44 | - | €1,988 | +€1,988 | |
| Suppliers | 440/4 | - | €1,988 | +€1,988 | |
| Taxes, remuneration and social security | 45 | €2,137 | €1,895 | -€242 | -11.3% |
| Taxes | 450/3 | €2,137 | €1,895 | -€242 | -11.3% |
| Other amounts payable | 47/48 | €21,169 | €3,711 | -€17,458 | -82.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91 | €91 | = | 0.0% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €10,711 | €9,756 | -€955 | -8.9% |
| Operating profit (loss) | 9901 | €10,236 | €9,278 | -€958 | -9.4% |
| Financial charges | 65/66B | €1,686 | €2,011 | +€325 | +19.3% |
| Recurring financial charges | 65 | €1,686 | €2,011 | +€325 | +19.3% |
| Profit (loss) for the period before taxes | 9903 | €8,550 | €7,267 | -€1,283 | -15.0% |
| Income taxes | 67/77 | €2,137 | €1,895 | -€242 | -11.3% |
| Profit (loss) for the period | 9904 | €6,412 | €5,372 | -€1,041 | -16.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,412 | €5,372 | -€1,041 | -16.2% |
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.