NASIBAH: 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.
NASIBAH
Largest movements
- Stocks and contracts +€21,996
up €21,996 (+60.7%), from €36,221 to €58,217
- Cash -€9,957
down €9,957 (-53.9%), from €18,490 to €8,533
mainly Stocks and contracts (-€21,996) and Other debts (-€1,529)
- Tangible fixed assets -€1,409
down €1,409 (-21.2%), from €6,658 to €5,249
of which Other tangible fixed assets: -€721
- Profit (loss) carried forward +€12,136
up €12,136 (+61.7%), from €19,684 to €31,819
- Other debts -€1,529
down €1,529 (-40.1%), from €3,810 to €2,281
- Gross operating margin +€10,851
up €10,851 (+28.4%), from €38,195 to €49,046
- Staff costs +€2,468
up €2,468 (+8.6%), from €28,786 to €31,254
- Taxes +€1,913
new in 2025: €1,913
- Financial charges -€1,311
down €1,311 (-56.7%), from €2,313 to €1,002
- Other operating charges -€910
down €910 (-40.6%), from €2,243 to €1,333
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 | €61,578 | €72,276 | +€10,698 | +17.4% |
| Fixed assets | 21/28 | €6,808 | €5,399 | -€1,409 | -20.7% |
| Tangible fixed assets | 22/27 | €6,658 | €5,249 | -€1,409 | -21.2% |
| Land and buildings | 22 | €3,438 | €2,751 | -€688 | -20.0% |
| Other tangible fixed assets | 26 | €3,220 | €2,498 | -€721 | -22.4% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €54,770 | €66,877 | +€12,107 | +22.1% |
| Stocks and contracts in progress | 3 | €36,221 | €58,217 | +€21,996 | +60.7% |
| Stocks | 30/36 | €36,221 | €58,217 | +€21,996 | +60.7% |
| Amounts receivable within one year | 40/41 | €0 | €66 | +€66 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | €66 | +€66 | |
| Cash at bank and in hand | 54/58 | €18,490 | €8,533 | -€9,957 | -53.9% |
| Deferred charges and accrued income | 490/1 | €59 | €61 | +€2 | +3.1% |
| Total equity and liabilities | 10/49 | €61,578 | €72,276 | +€10,698 | +17.4% |
| Equity | 10/15 | €40,144 | €52,279 | +€12,136 | +30.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,684 | €31,819 | +€12,136 | +61.7% |
| Amounts payable | 17/49 | €21,435 | €19,997 | -€1,438 | -6.7% |
| Amounts payable within one year | 42/48 | €21,435 | €19,997 | -€1,438 | -6.7% |
| Trade debts | 44 | €912 | €1,272 | +€360 | +39.5% |
| Suppliers | 440/4 | €912 | €1,272 | +€360 | +39.5% |
| Taxes, remuneration and social security | 45 | €16,713 | €16,443 | -€269 | -1.6% |
| Taxes | 450/3 | €7,880 | €7,828 | -€52 | -0.7% |
| Remuneration and social security | 454/9 | €8,833 | €8,615 | -€218 | -2.5% |
| Other amounts payable | 47/48 | €3,810 | €2,281 | -€1,529 | -40.1% |
| Remuneration, social security and pensions | 62 | €28,786 | €31,254 | +€2,468 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,075 | €1,409 | +€334 | +31.1% |
| Other operating charges | 640/8 | €2,243 | €1,333 | -€910 | -40.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €38,195 | €49,046 | +€10,851 | +28.4% |
| Operating profit (loss) | 9901 | €6,092 | €15,051 | +€8,959 | +147.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -25.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -25.0% |
| Financial charges | 65/66B | €2,313 | €1,002 | -€1,311 | -56.7% |
| Recurring financial charges | 65 | €2,313 | €1,002 | -€1,311 | -56.7% |
| Profit (loss) for the period before taxes | 9903 | €3,778 | €14,049 | +€10,270 | +271.8% |
| Income taxes | 67/77 | - | €1,913 | +€1,913 | |
| Profit (loss) for the period | 9904 | €3,778 | €12,136 | +€8,357 | +221.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,778 | €12,136 | +€8,357 | +221.2% |
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 8 October 2026 via checked.be.