NB Concepts: 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.
NB Concepts
Largest movements
- Cash +€48,713
up €48,713 (+378.1%), from €12,884 to €61,598
mainly Net result for the year (+€49,574) and Depreciation (+€36,771)
- Tangible fixed assets -€29,681
down €29,681 (-29.4%), from €101,113 to €71,431
of which Plant, machinery and equipment: -€31,374
- Receivables within one year -€7,992
down €7,992 (-27.8%), from €28,760 to €20,768
of which Trade receivables: -€7,788
- Stocks and contracts +€7,500
up €7,500 (+18.9%), from €39,717 to €47,217
- Other debts +€19,874
up €19,874 (+26.6%), from €74,792 to €94,666
- Tax, wage and social debts +€6,765
up €6,765 (+81.5%), from €8,303 to €15,068
- Debts after one year -€5,544
down €5,544 (-20.3%), from €27,317 to €21,773
- Gross operating margin +€44,650
up €44,650 (+65.4%), from €68,315 to €112,965
- Taxes +€10,667
up €10,667 (+134.5%), from €7,928 to €18,595
- Financial charges +€5,465
up €5,465 (+250.9%), from €2,178 to €7,643
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 | €183,293 | €203,252 | +€19,959 | +10.9% |
| Fixed assets | 21/28 | €101,113 | €71,431 | -€29,681 | -29.4% |
| Tangible fixed assets | 22/27 | €101,113 | €71,431 | -€29,681 | -29.4% |
| Plant, machinery and equipment | 23 | €96,999 | €65,625 | -€31,374 | -32.3% |
| Furniture and vehicles | 24 | €4,114 | €5,807 | +€1,693 | +41.2% |
| Current assets | 29/58 | €82,181 | €131,821 | +€49,640 | +60.4% |
| Stocks and contracts in progress | 3 | €39,717 | €47,217 | +€7,500 | +18.9% |
| Stocks | 30/36 | €39,717 | €47,217 | +€7,500 | +18.9% |
| Amounts receivable within one year | 40/41 | €28,760 | €20,768 | -€7,992 | -27.8% |
| Trade receivables | 40 | €28,484 | €20,696 | -€7,788 | -27.3% |
| Other amounts receivable | 41 | €276 | €72 | -€204 | -73.9% |
| Cash at bank and in hand | 54/58 | €12,884 | €61,598 | +€48,713 | +378.1% |
| Deferred charges and accrued income | 490/1 | €819 | €2,238 | +€1,418 | +173.1% |
| Total equity and liabilities | 10/49 | €183,293 | €203,252 | +€19,959 | +10.9% |
| Equity | 10/15 | €64,389 | €64,389 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €59,389 | €59,389 | = | 0.0% |
| Distributable reserves | 133 | €59,389 | €59,389 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €118,904 | €138,863 | +€19,959 | +16.8% |
| Amounts payable after more than one year | 17 | €27,317 | €21,773 | -€5,544 | -20.3% |
| Financial debts | 170/4 | €27,317 | €21,773 | -€5,544 | -20.3% |
| Amounts payable within one year | 42/48 | €91,587 | €117,090 | +€25,503 | +27.8% |
| Current portion of amounts payable after more than one year | 42 | €5,270 | €5,544 | +€274 | +5.2% |
| Trade debts | 44 | €3,222 | €1,812 | -€1,410 | -43.8% |
| Suppliers | 440/4 | €3,222 | €1,812 | -€1,410 | -43.8% |
| Taxes, remuneration and social security | 45 | €8,303 | €15,068 | +€6,765 | +81.5% |
| Taxes | 450/3 | €8,303 | €15,068 | +€6,765 | +81.5% |
| Other amounts payable | 47/48 | €74,792 | €94,666 | +€19,874 | +26.6% |
| Non-recurring operating income | 76A | €4,241 | €0 | -€4,241 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,134 | €36,771 | +€637 | +1.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €970 | €0 | -€970 | -100.0% |
| Other operating charges | 640/8 | €295 | €1,040 | +€745 | +252.3% |
| Gross operating margin | 9900 | €68,315 | €112,965 | +€44,650 | +65.4% |
| Operating profit (loss) | 9901 | €30,915 | €75,154 | +€44,238 | +143.1% |
| Financial income | 75/76B | €0 | €658 | +€658 | |
| Recurring financial income | 75 | €0 | €658 | +€658 | |
| Financial charges | 65/66B | €2,178 | €7,643 | +€5,465 | +250.9% |
| Recurring financial charges | 65 | €2,178 | €7,643 | +€5,465 | +250.9% |
| Profit (loss) for the period before taxes | 9903 | €28,737 | €68,168 | +€39,431 | +137.2% |
| Income taxes | 67/77 | €7,928 | €18,595 | +€10,667 | +134.5% |
| Profit (loss) for the period | 9904 | €20,809 | €49,574 | +€28,764 | +138.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,809 | €49,574 | +€28,764 | +138.2% |
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 30 September 2026 via checked.be.