NABAU: what changed
Two fiscal 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.
NABAU
Largest movements
- Receivables within one year -€19,403
no longer reported in 2025 (was €19,403)
- Cash +€15,216
up €15,216 (+142.1%), from €10,705 to €25,922
mainly Receivables within one year (+€19,403) and Depreciation (+€12,063)
- Tangible fixed assets -€12,063
down €12,063 (-25.0%), from €48,250 to €36,188
- Other debts -€16,336
down €16,336 (-91.0%), from €17,961 to €1,625
- Debts after one year -€7,987
down €7,987 (-33.2%), from €24,074 to €16,087
- Trade debts +€4,213
up €4,213 (+17409.7%), from €24 to €4,237
- Profit (loss) carried forward +€1,577
up €1,577 (+5.2%), from €30,327 to €31,905
- Current portion of long-term debt +€1,254
up €1,254 (+22.9%), from €5,479 to €6,733
- Turnover +€24,039
up €24,039 (+67.8%), from €35,456 to €59,495
- Depreciation +€12,063
new in 2025: €12,063
- Gross operating margin +€11,056
up €11,056 (+115.0%), from €9,618 to €20,674
- Purchases and services +€9,231
up €9,231 (+31.2%), from €29,590 to €38,821
- Other operating charges -€4,705
down €4,705 (-55.2%), from €8,524 to €3,819
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.
Cash bridge derived
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 | €78,529 | €62,280 | -€16,249 | -20.7% |
| Fixed assets | 21/28 | €48,421 | €36,359 | -€12,063 | -24.9% |
| Tangible fixed assets | 22/27 | €48,250 | €36,188 | -€12,063 | -25.0% |
| Furniture and vehicles | 24 | €48,250 | €36,188 | -€12,063 | -25.0% |
| Financial fixed assets | 28 | €171 | €171 | = | 0.0% |
| Current assets | 29/58 | €30,108 | €25,922 | -€4,186 | -13.9% |
| Amounts receivable within one year | 40/41 | €19,403 | - | -€19,403 | |
| Other amounts receivable | 41 | €19,403 | - | -€19,403 | |
| Cash at bank and in hand | 54/58 | €10,705 | €25,922 | +€15,216 | +142.1% |
| Total equity and liabilities | 10/49 | €78,529 | €62,280 | -€16,249 | -20.7% |
| Equity | 10/15 | €30,991 | €32,568 | +€1,577 | +5.1% |
| Contributions | 10/11 | €248 | €248 | = | 0.0% |
| Reserves | 13 | €416 | €416 | = | 0.0% |
| Non-distributable reserves | 130/1 | €416 | €416 | = | 0.0% |
| Reserves not available under the articles | 1311 | €416 | €416 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,327 | €31,905 | +€1,577 | +5.2% |
| Amounts payable | 17/49 | €47,538 | €29,712 | -€17,826 | -37.5% |
| Amounts payable after more than one year | 17 | €24,074 | €16,087 | -€7,987 | -33.2% |
| Financial debts | 170/4 | €24,074 | €16,087 | -€7,987 | -33.2% |
| Amounts payable within one year | 42/48 | €23,464 | €13,625 | -€9,839 | -41.9% |
| Current portion of amounts payable after more than one year | 42 | €5,479 | €6,733 | +€1,254 | +22.9% |
| Trade debts | 44 | €24 | €4,237 | +€4,213 | +17409.7% |
| Suppliers | 440/4 | €24 | €4,237 | +€4,213 | +17409.7% |
| Taxes, remuneration and social security | 45 | - | €1,030 | +€1,030 | |
| Taxes | 450/3 | - | €1,030 | +€1,030 | |
| Other amounts payable | 47/48 | €17,961 | €1,625 | -€16,336 | -91.0% |
| Turnover | 70 | €35,456 | €59,495 | +€24,039 | +67.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €29,590 | €38,821 | +€9,231 | +31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €12,063 | +€12,063 | |
| Other operating charges | 640/8 | €8,524 | €3,819 | -€4,705 | -55.2% |
| Non-recurring operating charges | 66A | - | €3,410 | +€3,410 | |
| Gross operating margin | 9900 | €9,618 | €20,674 | +€11,056 | +115.0% |
| Operating profit (loss) | 9901 | €1,094 | €1,382 | +€288 | +26.3% |
| Financial charges | 65/66B | €244 | €140 | -€104 | -42.4% |
| Recurring financial charges | 65 | €244 | €140 | -€104 | -42.4% |
| Profit (loss) for the period before taxes | 9903 | €850 | €1,242 | +€392 | +46.0% |
| Income taxes | 67/77 | €582 | -€336 | -€918 | |
| Profit (loss) for the period | 9904 | €268 | €1,577 | +€1,310 | +489.0% |
| Profit (loss) for the period to be appropriated | 9905 | €268 | €1,577 | +€1,310 | +489.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.