NB ENGINEERING: what changed
Two financial 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 ENGINEERING
Largest movements
- Cash +€292,471
up €292,471 (+2,193%), from €13,337 to €305,808
mainly Net result for the year (+€371,004) and Tax, wage and social debts (+€43,229)
- Reserves +€371,004
up €371,004 (+26.9%), from €1.4m to €1.7m
of which Distributable reserves: +€371,004
- Debts after one year -€104,000
down €104,000 (-20.8%), from €500,500 to €396,500
of which Advances received on contracts in progress: -€253,000
- Tax, wage and social debts +€43,229
up €43,229 (+113%), from €38,173 to €81,402
of which Taxes: +€44,562
- Gross operating margin +€54,057
up €54,057 (+9.7%), from €556,137 to €610,194
- Taxes +€20,850
up €20,850 (+13.9%), from €150,239 to €171,089
- Other operating charges -€9,002
down €9,002 (-57.4%), from €15,678 to €6,677
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.
Derived cash bridge
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 | €1,980,300 | €2,293,735 | +€313,435 | +15.8% |
| Fixed assets | 21/28 | €1,544,678 | €1,543,052 | -€1,626 | -0.1% |
| Tangible fixed assets | 22/27 | €35,208 | €33,582 | -€1,626 | -4.6% |
| Land and buildings | 22 | €35,208 | €33,582 | -€1,626 | -4.6% |
| Financial fixed assets | 28 | €1,509,470 | €1,509,470 | = | 0.0% |
| Current assets | 29/58 | €435,622 | €750,683 | +€315,060 | +72.3% |
| Amounts receivable within one year | 40/41 | €422,285 | €444,875 | +€22,589 | +5.3% |
| Trade receivables | 40 | €410,233 | €420,836 | +€10,604 | +2.6% |
| Other amounts receivable | 41 | €12,052 | €24,038 | +€11,986 | +99.4% |
| Cash at bank and in hand | 54/58 | €13,337 | €305,808 | +€292,471 | +2,193% |
| Total equity and liabilities | 10/49 | €1,980,300 | €2,293,735 | +€313,435 | +15.8% |
| Equity | 10/15 | €1,396,665 | €1,767,669 | +€371,004 | +26.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,378,073 | €1,749,077 | +€371,004 | +26.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €26,868 | €26,868 | = | 0.0% |
| Distributable reserves | 133 | €1,349,346 | €1,720,350 | +€371,004 | +27.5% |
| Amounts payable | 17/49 | €583,635 | €526,066 | -€57,569 | -9.9% |
| Amounts payable after more than one year | 17 | €500,500 | €396,500 | -€104,000 | -20.8% |
| Financial debts | 170/4 | €247,500 | €217,500 | -€30,000 | -12.1% |
| Advances received on contracts in progress | 176 | €253,000 | - | -€253,000 | |
| Other amounts payable | 178/9 | - | €179,000 | +€179,000 | |
| Amounts payable within one year | 42/48 | €83,135 | €129,566 | +€46,431 | +55.8% |
| Current portion of amounts payable after more than one year | 42 | €30,000 | €30,000 | = | 0.0% |
| Financial debts | 43 | €3,999 | €6,099 | +€2,100 | +52.5% |
| Credit institutions | 430/8 | €3,999 | €6,099 | +€2,100 | +52.5% |
| Trade debts | 44 | €4,522 | €5,828 | +€1,306 | +28.9% |
| Suppliers | 440/4 | €4,522 | €5,828 | +€1,306 | +28.9% |
| Taxes, remuneration and social security | 45 | €38,173 | €81,402 | +€43,229 | +113% |
| Taxes | 450/3 | €30,590 | €75,151 | +€44,562 | +146% |
| Remuneration and social security | 454/9 | €7,583 | €6,250 | -€1,333 | -17.6% |
| Other amounts payable | 47/48 | €6,442 | €6,238 | -€204 | -3.2% |
| Remuneration, social security and pensions | 62 | €44,844 | €47,590 | +€2,746 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,914 | €1,626 | -€289 | -15.1% |
| Other operating charges | 640/8 | €15,678 | €6,677 | -€9,002 | -57.4% |
| Gross operating margin | 9900 | €556,137 | €610,194 | +€54,057 | +9.7% |
| Operating profit (loss) | 9901 | €493,700 | €554,301 | +€60,601 | +12.3% |
| Financial income | 75/76B | €855 | €1,115 | +€260 | +30.4% |
| Recurring financial income | 75 | €855 | €1,115 | +€260 | +30.4% |
| Financial charges | 65/66B | €18,353 | €13,324 | -€5,030 | -27.4% |
| Recurring financial charges | 65 | €18,353 | €13,324 | -€5,030 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | €476,202 | €542,093 | +€65,891 | +13.8% |
| Income taxes | 67/77 | €150,239 | €171,089 | +€20,850 | +13.9% |
| Profit (loss) for the period | 9904 | €325,963 | €371,004 | +€45,041 | +13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €325,963 | €371,004 | +€45,041 | +13.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.