NB-ESTATE: 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-ESTATE
Largest movements
- Cash +€7,365
up €7,365 (+68.2%), from €10,807 to €18,172
mainly Net result for the year (+€12,537) and Trade debts (+€830)
- Tangible fixed assets +€3,322
new in 2025: €3,322
- Reserves +€11,000
new in 2025: €11,000
- Other debts -€1,147
down €1,147 (-49.2%), from €2,332 to €1,185
- Trade debts +€830
up €830 (+263%), from €315 to €1,145
- Profit (loss) carried forward +€704
up €704 (+859%), from €82 to €786
- Tax, wage and social debts -€616
down €616 (-14.2%), from €4,349 to €3,733
- Gross operating margin +€14,903
up €14,903 (+581%), from €2,566 to €17,469
- Taxes +€4,145
up €4,145 (+829%), from €500 to €4,645
- Depreciation -€1,771
down €1,771 (-93.1%), from €1,903 to €132
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 | €12,078 | €22,849 | +€10,771 | +89.2% |
| Fixed assets | 21/28 | - | €3,322 | +€3,322 | |
| Tangible fixed assets | 22/27 | - | €3,322 | +€3,322 | |
| Furniture and vehicles | 24 | - | €3,322 | +€3,322 | |
| Current assets | 29/58 | €12,078 | €19,527 | +€7,449 | +61.7% |
| Amounts receivable within one year | 40/41 | €1,271 | €1,355 | +€84 | +6.6% |
| Trade receivables | 40 | €1,271 | - | -€1,271 | |
| Other amounts receivable | 41 | - | €1,355 | +€1,355 | |
| Cash at bank and in hand | 54/58 | €10,807 | €18,172 | +€7,365 | +68.2% |
| Total equity and liabilities | 10/49 | €12,078 | €22,849 | +€10,771 | +89.2% |
| Equity | 10/15 | €5,082 | €16,786 | +€11,704 | +230% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €11,000 | +€11,000 | |
| Distributable reserves | 133 | - | €11,000 | +€11,000 | |
| Profit (loss) carried forward | 14 | €82 | €786 | +€704 | +859% |
| Amounts payable | 17/49 | €6,996 | €6,063 | -€933 | -13.3% |
| Amounts payable within one year | 42/48 | €6,996 | €6,063 | -€933 | -13.3% |
| Trade debts | 44 | €315 | €1,145 | +€830 | +263% |
| Suppliers | 440/4 | €315 | €1,145 | +€830 | +263% |
| Taxes, remuneration and social security | 45 | €4,349 | €3,733 | -€616 | -14.2% |
| Taxes | 450/3 | €4,349 | €3,733 | -€616 | -14.2% |
| Other amounts payable | 47/48 | €2,332 | €1,185 | -€1,147 | -49.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,903 | €132 | -€1,771 | -93.1% |
| Other operating charges | 640/8 | - | €126 | +€126 | |
| Gross operating margin | 9900 | €2,566 | €17,469 | +€14,903 | +581% |
| Operating profit (loss) | 9901 | €663 | €17,211 | +€16,548 | +2,496% |
| Financial income | 75/76B | - | €15 | +€15 | |
| Recurring financial income | 75 | - | €15 | +€15 | |
| Financial charges | 65/66B | €81 | €44 | -€37 | -45.7% |
| Recurring financial charges | 65 | €81 | €44 | -€37 | -45.7% |
| Profit (loss) for the period before taxes | 9903 | €582 | €17,182 | +€16,600 | +2,852% |
| Income taxes | 67/77 | €500 | €4,645 | +€4,145 | +829% |
| Profit (loss) for the period | 9904 | €82 | €12,537 | +€12,455 | +15,189% |
| Profit (loss) for the period to be appropriated | 9905 | €82 | €12,537 | +€12,455 | +15,189% |
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 21 October 2026 via checked.be.