NABUCO: 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
NABUCO
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€17,091
2024 · €3,262+€13,829
Equity
€1.1m
2024 · €1.2m-€76,904
Cash
€61,991
2024 · €40,373+€21,619
Balance sheet total
€3.4m
2024 · €3.2m+€208,688
Largest movements
Assets
- Tangible fixed assets +€177,876
up €177,876 (+14.3%), from €1.2m to €1.4m
of which Land and buildings: +€204,588
Equity and liabilities
- Debts after one year +€218,320
up €218,320 (+11.2%), from €2.0m to €2.2m
- Profit (loss) carried forward -€101,904
down €101,904 (-157.7%), from -€64,618 to -€166,522
- Trade debts +€46,855
up €46,855 (+233.4%), from €20,071 to €66,927
Income statement
- Gross operating margin +€32,864
up €32,864 (+33.5%), from €98,217 to €131,081
- Financial charges +€14,939
up €14,939 (+16.8%), from €89,179 to €104,119
- Financial income -€7,084
down €7,084 (-8.8%), from €80,279 to €73,195
- Taxes -€4,567
down €4,567 (-86.4%), from €5,284 to €717
- Depreciation +€4,474
up €4,474 (+6.4%), from €70,451 to €74,925
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.
Result 2024
€3,262
Gross operating margin
+€32,864
Depreciation
-€4,474
Other operating charges
+€2,896
Financial income
-€7,084
Financial charges
-€14,939
Taxes
+€4,567
Result 2025
€17,091
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.
From operations
+€150,094
Investment
-€252,801
Financing
+€124,325
Cash 2024
€40,373
From operations (derived)
+€150,094
Net result for the year
+€17,091
Depreciation
+€74,925
Receivables after one year
-€25,000
Receivables within one year
+€17,179
Deferred charges and accrued income
-€1,372
Trade debts
+€46,855
Tax, wage and social debts
-€824
Accrued charges and deferred income
+€21,241
Investment (derived)
-€252,801
Investment in fixed assets (net)
-€252,801
Financing
+€124,325
Debts after one year
+€218,320
Contributions, distributions and other
-€93,995
Cash 2025
€61,991
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,201,530 | €3,410,218 | +€208,688 | +6.5% |
| Fixed assets | 21/28 | €1,242,813 | €1,420,689 | +€177,876 | +14.3% |
| Tangible fixed assets | 22/27 | €1,242,813 | €1,420,689 | +€177,876 | +14.3% |
| Land and buildings | 22 | €1,102,474 | €1,307,062 | +€204,588 | +18.6% |
| Plant, machinery and equipment | 23 | €46,982 | €42,391 | -€4,591 | -9.8% |
| Furniture and vehicles | 24 | €93,358 | €71,236 | -€22,122 | -23.7% |
| Current assets | 29/58 | €1,958,717 | €1,989,529 | +€30,812 | +1.6% |
| Amounts receivable after more than one year | 29 | €1,830,000 | €1,855,000 | +€25,000 | +1.4% |
| Other amounts receivable | 291 | €1,830,000 | €1,855,000 | +€25,000 | +1.4% |
| Amounts receivable within one year | 40/41 | €88,344 | €71,165 | -€17,179 | -19.4% |
| Trade receivables | 40 | €64,850 | €71,165 | +€6,315 | +9.7% |
| Other amounts receivable | 41 | €23,494 | €0 | -€23,494 | -100.0% |
| Cash at bank and in hand | 54/58 | €40,373 | €61,991 | +€21,619 | +53.5% |
| Deferred charges and accrued income | 490/1 | - | €1,372 | +€1,372 | |
| Total equity and liabilities | 10/49 | €3,201,530 | €3,410,218 | +€208,688 | +6.5% |
| Equity | 10/15 | €1,204,122 | €1,127,218 | -€76,904 | -6.4% |
| Contributions | 10/11 | €1,230,000 | €1,255,000 | +€25,000 | +2.0% |
| Capital | 10 | €1,230,000 | €1,255,000 | +€25,000 | +2.0% |
| Issued capital | 100 | €1,230,000 | €1,255,000 | +€25,000 | +2.0% |
| Reserves | 13 | €38,740 | €38,740 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,250 | €7,250 | = | 0.0% |
| Legal reserve | 130 | €7,250 | €7,250 | = | 0.0% |
| Tax-exempt reserves | 132 | €31,490 | €31,490 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,618 | -€166,522 | -€101,904 | -157.7% |
| Amounts payable | 17/49 | €1,997,408 | €2,283,000 | +€285,592 | +14.3% |
| Amounts payable after more than one year | 17 | €1,955,000 | €2,173,320 | +€218,320 | +11.2% |
| Trade debts | 175 | €1,955,000 | €2,173,320 | +€218,320 | +11.2% |
| Amounts payable within one year | 42/48 | €35,810 | €81,841 | +€46,031 | +128.5% |
| Trade debts | 44 | €20,071 | €66,927 | +€46,855 | +233.4% |
| Suppliers | 440/4 | €20,071 | €66,927 | +€46,855 | +233.4% |
| Taxes, remuneration and social security | 45 | €15,739 | €14,914 | -€824 | -5.2% |
| Taxes | 450/3 | €11,486 | €14,914 | +€3,428 | +29.8% |
| Remuneration and social security | 454/9 | €4,253 | €0 | -€4,253 | -100.0% |
| Accrued charges and deferred income | 492/3 | €6,598 | €27,839 | +€21,241 | +321.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,451 | €74,925 | +€4,474 | +6.4% |
| Other operating charges | 640/8 | €10,321 | €7,425 | -€2,896 | -28.1% |
| Gross operating margin | 9900 | €98,217 | €131,081 | +€32,864 | +33.5% |
| Operating profit (loss) | 9901 | €17,446 | €48,731 | +€31,286 | +179.3% |
| Financial income | 75/76B | €80,279 | €73,195 | -€7,084 | -8.8% |
| Recurring financial income | 75 | €80,279 | €73,195 | -€7,084 | -8.8% |
| Financial charges | 65/66B | €89,179 | €104,119 | +€14,939 | +16.8% |
| Recurring financial charges | 65 | €89,179 | €104,119 | +€14,939 | +16.8% |
| Profit (loss) for the period before taxes | 9903 | €8,546 | €17,808 | +€9,262 | +108.4% |
| Income taxes | 67/77 | €5,284 | €717 | -€4,567 | -86.4% |
| Profit (loss) for the period | 9904 | €3,262 | €17,091 | +€13,829 | +424.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,262 | €17,091 | +€13,829 | +424.0% |
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 5 October 2026 via checked.be.