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NABOO: 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.

What changed

NABOO

BE 0883.804.513
NACE 64.999, Other financial services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€103,988
2024 · €71,809+€32,179
Equity
€649,333
2024 · €545,346+€103,988
Cash
€73,426
2024 · €33,379+€40,047
Balance sheet total
€1.2m
2024 · €1.2m-€19,337

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€69,778

    down €69,778 (-6.6%), from €1.1m to €981,469

    of which Land and buildings: -€69,463

  • Cash +€40,047

    up €40,047 (+120.0%), from €33,379 to €73,426

    mainly Net result for the year (+€103,988) and Depreciation (+€72,810)

  • Financial fixed assets +€12,400

    up €12,400 (+266.7%), from €4,650 to €17,050

Equity and liabilities
  • Reserves +€103,000

    up €103,000 (+70.3%), from €146,419 to €249,419

  • Other debts -€71,800

    down €71,800 (-22.3%), from €321,800 to €250,000

  • Debts after one year -€68,541

    down €68,541 (-30.8%), from €222,491 to €153,950

  • Tax, wage and social debts +€31,504

    up €31,504 (+189.0%), from €16,672 to €48,176

  • Trade debts -€13,834

    down €13,834 (-70.7%), from €19,565 to €5,731

Income statement
  • Gross operating margin +€55,471

    up €55,471 (+29.4%), from €188,764 to €244,235

  • Taxes +€22,496

    up €22,496 (+98.8%), from €22,780 to €45,277

  • Financial charges -€2,852

    down €2,852 (-15.2%), from €18,764 to €15,912

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €71,809
Gross operating margin +€55,471
Depreciation -€704
Other operating charges -€1,131
Financial income -€1,813
Financial charges +€2,852
Taxes -€22,496
Result 2025 €103,988

Cash bridge derived

cash 2024 to 2025

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.

From operations +€126,958
Investment -€15,432
Financing -€71,479
Cash 2024 €33,379
Net result for the year +€103,988
Depreciation +€72,810
Receivables within one year +€81
Deferred charges and accrued income +€1,925
Trade debts -€13,834
Tax, wage and social debts +€31,504
Other debts -€71,800
Accrued charges and deferred income +€2,285
Investment in fixed assets (net) -€15,432
Debts after one year -€68,541
Current portion of long-term debt +€2,061
Short-term financial debts -€5,000
Cash 2025 €73,426
Every line side by side 44 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,201,029 €1,181,692 -€19,337 -1.6%
Fixed assets 21/28 €1,055,897 €998,519 -€57,378 -5.4%
Tangible fixed assets 22/27 €1,051,247 €981,469 -€69,778 -6.6%
Land and buildings 22 €1,040,170 €970,707 -€69,463 -6.7%
Furniture and vehicles 24 €11,078 €10,762 -€315 -2.8%
Financial fixed assets 28 €4,650 €17,050 +€12,400 +266.7%
Current assets 29/58 €145,131 €183,172 +€38,041 +26.2%
Amounts receivable within one year 40/41 €107,770 €107,689 -€81 -0.1%
Trade receivables 40 €55,255 €30,394 -€24,861 -45.0%
Other amounts receivable 41 €52,515 €77,295 +€24,780 +47.2%
Cash at bank and in hand 54/58 €33,379 €73,426 +€40,047 +120.0%
Deferred charges and accrued income 490/1 €3,982 €2,057 -€1,925 -48.3%
Total equity and liabilities 10/49 €1,201,029 €1,181,692 -€19,337 -1.6%
Equity 10/15 €545,346 €649,333 +€103,988 +19.1%
Contributions 10/11 €378,600 €378,600 = 0.0%
Reserves 13 €146,419 €249,419 +€103,000 +70.3%
Distributable reserves 133 €146,419 €249,419 +€103,000 +70.3%
Profit (loss) carried forward 14 €20,326 €21,314 +€988 +4.9%
Amounts payable 17/49 €655,683 €532,359 -€123,324 -18.8%
Amounts payable after more than one year 17 €222,491 €153,950 -€68,541 -30.8%
Financial debts 170/4 €222,491 €153,950 -€68,541 -30.8%
Amounts payable within one year 42/48 €429,517 €372,448 -€57,068 -13.3%
Current portion of amounts payable after more than one year 42 €66,479 €68,541 +€2,061 +3.1%
Financial debts 43 €5,000 - -€5,000
Credit institutions 430/8 €5,000 - -€5,000
Trade debts 44 €19,565 €5,731 -€13,834 -70.7%
Suppliers 440/4 €19,565 €5,731 -€13,834 -70.7%
Taxes, remuneration and social security 45 €16,672 €48,176 +€31,504 +189.0%
Taxes 450/3 €16,672 €48,176 +€31,504 +189.0%
Other amounts payable 47/48 €321,800 €250,000 -€71,800 -22.3%
Accrued charges and deferred income 492/3 €3,675 €5,960 +€2,285 +62.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €72,106 €72,810 +€704 +1.0%
Other operating charges 640/8 €5,156 €6,287 +€1,131 +21.9%
Gross operating margin 9900 €188,764 €244,235 +€55,471 +29.4%
Operating profit (loss) 9901 €111,502 €165,138 +€53,636 +48.1%
Financial income 75/76B €1,851 €38 -€1,813 -97.9%
Recurring financial income 75 €244 €38 -€206 -84.4%
Non-recurring financial income 76B €1,607 - -€1,607
Financial charges 65/66B €18,764 €15,912 -€2,852 -15.2%
Recurring financial charges 65 €18,764 €15,912 -€2,852 -15.2%
Profit (loss) for the period before taxes 9903 €94,589 €149,264 +€54,675 +57.8%
Income taxes 67/77 €22,780 €45,277 +€22,496 +98.8%
Profit (loss) for the period 9904 €71,809 €103,988 +€32,179 +44.8%
Profit (loss) for the period to be appropriated 9905 €71,809 €103,988 +€32,179 +44.8%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.