NABU: 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.
NABU
Largest movements
- Tangible fixed assets -€39,777
no longer reported in 2025 (was €39,777)
of which Other tangible fixed assets: -€32,921
- Receivables within one year +€8,477
up €8,477 (+563.1%), from €1,505 to €9,982
of which Other amounts receivable: +€9,745
- Financial fixed assets -€4,750
no longer reported in 2025 (was €4,750)
- Cash -€1,833
down €1,833 (-65.4%), from €2,803 to €969
mainly Trade debts (-€52,159) and Receivables within one year (-€8,477)
- Trade debts -€52,159
down €52,159 (-99.0%), from €52,679 to €520
- Other debts +€20,708
up €20,708 (+9.8%), from €210,836 to €231,544
- Accrued charges and deferred income -€7,600
no longer reported in 2025 (was €7,600)
- Profit (loss) carried forward +€1,167
up €1,167 (+0.5%), from -€240,880 to -€239,712
- Staff costs -€45,662
no longer reported in 2025 (was €45,662)
- Depreciation -€10,461
no longer reported in 2025 (was €10,461)
- Gross operating margin -€10,078
down €10,078 (-84.8%), from €11,889 to €1,811
- Other operating charges -€3,055
down €3,055 (-93.6%), from €3,265 to €210
- Financial income -€1,253
down €1,253 (-99.7%), from €1,257 to €4
of which Non-recurring financial income: -€1,257
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 | €48,835 | €10,952 | -€37,884 | -77.6% |
| Fixed assets | 21/28 | €44,527 | - | -€44,527 | |
| Tangible fixed assets | 22/27 | €39,777 | - | -€39,777 | |
| Plant, machinery and equipment | 23 | €4,434 | - | -€4,434 | |
| Furniture and vehicles | 24 | €2,422 | - | -€2,422 | |
| Other tangible fixed assets | 26 | €32,921 | - | -€32,921 | |
| Financial fixed assets | 28 | €4,750 | - | -€4,750 | |
| Current assets | 29/58 | €4,308 | €10,952 | +€6,644 | +154.2% |
| Amounts receivable within one year | 40/41 | €1,505 | €9,982 | +€8,477 | +563.1% |
| Trade receivables | 40 | €1,268 | - | -€1,268 | |
| Other amounts receivable | 41 | €238 | €9,982 | +€9,745 | +4103.0% |
| Cash at bank and in hand | 54/58 | €2,803 | €969 | -€1,833 | -65.4% |
| Total equity and liabilities | 10/49 | €48,835 | €10,952 | -€37,884 | -77.6% |
| Equity | 10/15 | -€222,280 | -€221,112 | +€1,167 | +0.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€240,880 | -€239,712 | +€1,167 | +0.5% |
| Amounts payable | 17/49 | €271,115 | €232,064 | -€39,051 | -14.4% |
| Amounts payable within one year | 42/48 | €263,515 | €232,064 | -€31,451 | -11.9% |
| Trade debts | 44 | €52,679 | €520 | -€52,159 | -99.0% |
| Suppliers | 440/4 | €52,679 | €520 | -€52,159 | -99.0% |
| Other amounts payable | 47/48 | €210,836 | €231,544 | +€20,708 | +9.8% |
| Accrued charges and deferred income | 492/3 | €7,600 | - | -€7,600 | |
| Non-recurring operating income | 76A | €3,265 | - | -€3,265 | |
| Remuneration, social security and pensions | 62 | €45,662 | - | -€45,662 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,461 | - | -€10,461 | |
| Other operating charges | 640/8 | €3,265 | €210 | -€3,055 | -93.6% |
| Gross operating margin | 9900 | €11,889 | €1,811 | -€10,078 | -84.8% |
| Operating profit (loss) | 9901 | -€47,499 | €1,601 | +€49,100 | |
| Financial income | 75/76B | €1,257 | €4 | -€1,253 | -99.7% |
| Recurring financial income | 75 | €1,257 | €4 | -€1,253 | -99.7% |
| Non-recurring financial income | 76B | €1,257 | - | -€1,257 | |
| Financial charges | 65/66B | €888 | €438 | -€451 | -50.7% |
| Recurring financial charges | 65 | €888 | €438 | -€451 | -50.7% |
| Profit (loss) for the period before taxes | 9903 | -€47,130 | €1,167 | +€48,298 | |
| Profit (loss) for the period | 9904 | -€47,130 | €1,167 | +€48,298 | |
| Profit (loss) for the period to be appropriated | 9905 | -€47,130 | €1,167 | +€48,298 |
Source: filed annual accounts (NBB), fiscal years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.