NARB Consulting: 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.
NARB Consulting
Largest movements
- Tangible fixed assets +€20,203
up €20,203 (+26.7%), from €75,694 to €95,897
of which Land and buildings: +€24,825
- Cash +€5,634
up €5,634 (+119.7%), from €4,706 to €10,340
mainly Net result for the year (+€42,144) and Depreciation (+€9,547)
- Receivables within one year +€2,855
up €2,855 (+5.6%), from €50,985 to €53,840
of which Trade receivables: +€2,202
- Profit (loss) carried forward +€42,144
up €42,144 (+42.2%), from €99,883 to €142,027
- Debts after one year -€18,419
down €18,419 (-37.5%), from €49,053 to €30,634
- Tax, wage and social debts +€8,589
up €8,589 (+69.5%), from €12,351 to €20,939
- Trade debts -€3,030
down €3,030 (-33.3%), from €9,108 to €6,078
- Gross operating margin +€24,433
up €24,433 (+54.6%), from €44,781 to €69,213
- Taxes +€6,413
up €6,413 (+100.3%), from €6,392 to €12,805
- Financial charges -€2,623
down €2,623 (-41.7%), from €6,291 to €3,668
- Depreciation +€2,354
up €2,354 (+32.7%), from €7,193 to €9,547
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 | €192,693 | €220,850 | +€28,156 | +14.6% |
| Fixed assets | 21/28 | €136,803 | €156,206 | +€19,403 | +14.2% |
| Tangible fixed assets | 22/27 | €75,694 | €95,897 | +€20,203 | +26.7% |
| Land and buildings | 22 | - | €24,825 | +€24,825 | |
| Plant, machinery and equipment | 23 | €75,694 | €71,072 | -€4,622 | -6.1% |
| Financial fixed assets | 28 | €61,109 | €60,309 | -€800 | -1.3% |
| Current assets | 29/58 | €55,891 | €64,644 | +€8,753 | +15.7% |
| Amounts receivable within one year | 40/41 | €50,985 | €53,840 | +€2,855 | +5.6% |
| Trade receivables | 40 | €12,145 | €14,347 | +€2,202 | +18.1% |
| Other amounts receivable | 41 | €38,840 | €39,493 | +€653 | +1.7% |
| Cash at bank and in hand | 54/58 | €4,706 | €10,340 | +€5,634 | +119.7% |
| Deferred charges and accrued income | 490/1 | €199 | €464 | +€264 | +132.6% |
| Total equity and liabilities | 10/49 | €192,693 | €220,850 | +€28,156 | +14.6% |
| Equity | 10/15 | €102,883 | €145,027 | +€42,144 | +41.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,883 | €142,027 | +€42,144 | +42.2% |
| Amounts payable | 17/49 | €89,810 | €75,822 | -€13,987 | -15.6% |
| Amounts payable after more than one year | 17 | €49,053 | €30,634 | -€18,419 | -37.5% |
| Financial debts | 170/4 | €49,053 | €30,634 | -€18,419 | -37.5% |
| Amounts payable within one year | 42/48 | €40,757 | €45,189 | +€4,432 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | €17,172 | €18,172 | +€1,000 | +5.8% |
| Trade debts | 44 | €9,108 | €6,078 | -€3,030 | -33.3% |
| Suppliers | 440/4 | €9,108 | €6,078 | -€3,030 | -33.3% |
| Taxes, remuneration and social security | 45 | €12,351 | €20,939 | +€8,589 | +69.5% |
| Taxes | 450/3 | €12,351 | €20,939 | +€8,589 | +69.5% |
| Other amounts payable | 47/48 | €2,127 | - | -€2,127 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,193 | €9,547 | +€2,354 | +32.7% |
| Other operating charges | 640/8 | €1,509 | €1,520 | +€11 | +0.7% |
| Gross operating margin | 9900 | €44,781 | €69,213 | +€24,433 | +54.6% |
| Operating profit (loss) | 9901 | €36,078 | €58,147 | +€22,068 | +61.2% |
| Financial income | 75/76B | €199 | €470 | +€271 | +135.7% |
| Recurring financial income | 75 | €199 | €470 | +€271 | +135.7% |
| Financial charges | 65/66B | €6,291 | €3,668 | -€2,623 | -41.7% |
| Recurring financial charges | 65 | €6,291 | €3,668 | -€2,623 | -41.7% |
| Profit (loss) for the period before taxes | 9903 | €29,986 | €54,949 | +€24,963 | +83.2% |
| Income taxes | 67/77 | €6,392 | €12,805 | +€6,413 | +100.3% |
| Profit (loss) for the period | 9904 | €23,595 | €42,144 | +€18,549 | +78.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,595 | €42,144 | +€18,549 | +78.6% |
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 7 October 2026 via checked.be.