NB Solution: 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 Solution
Largest movements
- Receivables within one year -€13,048
down €13,048 (-14.2%), from €91,869 to €78,822
of which Trade receivables: -€31,692
- Tangible fixed assets +€6,170
up €6,170 (+64.1%), from €9,624 to €15,794
of which Plant, machinery and equipment: +€8,774
- Cash +€2,022
up €2,022 (+72.0%), from €2,809 to €4,831
mainly Other debts (+€21,250) and Receivables within one year (+€13,048)
- Other debts +€21,250
new in 2024: €21,250
- Profit (loss) carried forward -€13,378
down €13,378 (-37.5%), from €35,690 to €22,311
- Tax, wage and social debts -€9,770
down €9,770 (-25.6%), from €38,111 to €28,341
of which Taxes: -€9,052
- Trade debts -€2,958
down €2,958 (-9.6%), from €30,702 to €27,744
- Gross operating margin -€52,806
down €52,806 (-48.9%), from €108,019 to €55,213
- Staff costs -€24,123
down €24,123 (-43.7%), from €55,218 to €31,095
- Taxes -€5,792
down €5,792 (-60.9%), from €9,513 to €3,721
- Depreciation +€4,051
up €4,051 (+278.4%), from €1,455 to €5,507
- Other operating charges -€1,118
down €1,118 (-73.1%), from €1,530 to €412
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €106,503 | €101,646 | -€4,857 | -4.6% |
| Fixed assets | 21/28 | €11,824 | €17,994 | +€6,170 | +52.2% |
| Tangible fixed assets | 22/27 | €9,624 | €15,794 | +€6,170 | +64.1% |
| Plant, machinery and equipment | 23 | €2,925 | €11,699 | +€8,774 | +300.0% |
| Furniture and vehicles | 24 | €6,699 | €4,094 | -€2,604 | -38.9% |
| Financial fixed assets | 28 | €2,200 | €2,200 | = | 0.0% |
| Current assets | 29/58 | €94,679 | €83,653 | -€11,026 | -11.6% |
| Amounts receivable within one year | 40/41 | €91,869 | €78,822 | -€13,048 | -14.2% |
| Trade receivables | 40 | €54,064 | €22,372 | -€31,692 | -58.6% |
| Other amounts receivable | 41 | €37,806 | €56,449 | +€18,644 | +49.3% |
| Cash at bank and in hand | 54/58 | €2,809 | €4,831 | +€2,022 | +72.0% |
| Total equity and liabilities | 10/49 | €106,503 | €101,646 | -€4,857 | -4.6% |
| Equity | 10/15 | €37,690 | €24,311 | -€13,378 | -35.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,690 | €22,311 | -€13,378 | -37.5% |
| Amounts payable | 17/49 | €68,813 | €77,335 | +€8,522 | +12.4% |
| Amounts payable within one year | 42/48 | €68,813 | €77,335 | +€8,522 | +12.4% |
| Trade debts | 44 | €30,702 | €27,744 | -€2,958 | -9.6% |
| Suppliers | 440/4 | €30,702 | €27,744 | -€2,958 | -9.6% |
| Taxes, remuneration and social security | 45 | €38,111 | €28,341 | -€9,770 | -25.6% |
| Taxes | 450/3 | €34,224 | €25,172 | -€9,052 | -26.4% |
| Remuneration and social security | 454/9 | €3,887 | €3,169 | -€718 | -18.5% |
| Other amounts payable | 47/48 | - | €21,250 | +€21,250 | |
| Remuneration, social security and pensions | 62 | €55,218 | €31,095 | -€24,123 | -43.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,455 | €5,507 | +€4,051 | +278.4% |
| Other operating charges | 640/8 | €1,530 | €412 | -€1,118 | -73.1% |
| Gross operating margin | 9900 | €108,019 | €55,213 | -€52,806 | -48.9% |
| Operating profit (loss) | 9901 | €49,815 | €18,200 | -€31,616 | -63.5% |
| Financial income | 75/76B | €6 | €11 | +€5 | +74.6% |
| Recurring financial income | 75 | €6 | €11 | +€5 | +74.6% |
| Financial charges | 65/66B | €1,776 | €2,867 | +€1,092 | +61.5% |
| Recurring financial charges | 65 | €1,776 | €2,867 | +€1,092 | +61.5% |
| Profit (loss) for the period before taxes | 9903 | €48,046 | €15,343 | -€32,703 | -68.1% |
| Income taxes | 67/77 | €9,513 | €3,721 | -€5,792 | -60.9% |
| Profit (loss) for the period | 9904 | €38,532 | €11,622 | -€26,911 | -69.8% |
| Profit (loss) for the period to be appropriated | 9905 | €38,532 | €11,622 | -€26,911 | -69.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.