NB2A: 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.
NB2A
Largest movements
- Receivables within one year +€8,350
up €8,350 (+15.3%), from €54,656 to €63,006
of which Trade receivables: +€10,000
- Tangible fixed assets -€5,312
down €5,312 (-5.4%), from €99,089 to €93,776
of which Land and buildings: -€5,272
- Cash +€3,538
up €3,538 (+4.4%), from €79,546 to €83,084
mainly Net result for the year (+€168,692) and Tax, wage and social debts (+€15,367)
- Tax, wage and social debts +€15,367
up €15,367, from €0 to €15,367
of which Taxes: +€15,367
- Debts after one year -€4,476
down €4,476 (-7.8%), from €57,390 to €52,914
- Other debts -€3,576
down €3,576 (-2.4%), from €148,887 to €145,310
- Gross operating margin +€29,722
up €29,722 (+15.0%), from €197,939 to €227,661
- Taxes +€7,367
up €7,367 (+16.9%), from €43,664 to €51,032
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 | €234,029 | €240,435 | +€6,406 | +2.7% |
| Fixed assets | 21/28 | €99,089 | €93,776 | -€5,312 | -5.4% |
| Tangible fixed assets | 22/27 | €99,089 | €93,776 | -€5,312 | -5.4% |
| Land and buildings | 22 | €99,048 | €93,776 | -€5,272 | -5.3% |
| Furniture and vehicles | 24 | €40 | €0 | -€40 | -100.0% |
| Current assets | 29/58 | €134,940 | €146,658 | +€11,719 | +8.7% |
| Amounts receivable within one year | 40/41 | €54,656 | €63,006 | +€8,350 | +15.3% |
| Trade receivables | 40 | €50,000 | €60,000 | +€10,000 | +20.0% |
| Other amounts receivable | 41 | €4,656 | €3,006 | -€1,650 | -35.4% |
| Cash at bank and in hand | 54/58 | €79,546 | €83,084 | +€3,538 | +4.4% |
| Deferred charges and accrued income | 490/1 | €738 | €569 | -€170 | -23.0% |
| Total equity and liabilities | 10/49 | €234,029 | €240,435 | +€6,406 | +2.7% |
| Equity | 10/15 | €21,699 | €21,062 | -€637 | -2.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,462 | €2,462 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €51 | €51 | = | 0.0% |
| Distributable reserves | 133 | €551 | €551 | = | 0.0% |
| Profit (loss) carried forward | 14 | €637 | €0 | -€637 | -100.0% |
| Amounts payable | 17/49 | €212,329 | €219,373 | +€7,044 | +3.3% |
| Amounts payable after more than one year | 17 | €57,390 | €52,914 | -€4,476 | -7.8% |
| Financial debts | 170/4 | €57,390 | €52,914 | -€4,476 | -7.8% |
| Amounts payable within one year | 42/48 | €154,939 | €166,459 | +€11,520 | +7.4% |
| Current portion of amounts payable after more than one year | 42 | €4,399 | €4,476 | +€77 | +1.8% |
| Trade debts | 44 | €1,653 | €1,306 | -€348 | -21.0% |
| Suppliers | 440/4 | €1,653 | €1,306 | -€348 | -21.0% |
| Taxes, remuneration and social security | 45 | €0 | €15,367 | +€15,367 | |
| Taxes | 450/3 | €0 | €15,367 | +€15,367 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €148,887 | €145,310 | -€3,576 | -2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,160 | €5,312 | -€848 | -13.8% |
| Other operating charges | 640/8 | €1,946 | €1,882 | -€64 | -3.3% |
| Gross operating margin | 9900 | €197,939 | €227,661 | +€29,722 | +15.0% |
| Operating profit (loss) | 9901 | €189,832 | €220,467 | +€30,635 | +16.1% |
| Financial income | 75/76B | €367 | €341 | -€26 | -7.1% |
| Recurring financial income | 75 | €367 | €341 | -€26 | -7.1% |
| Financial charges | 65/66B | €1,123 | €1,084 | -€40 | -3.5% |
| Recurring financial charges | 65 | €1,123 | €1,084 | -€40 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €189,076 | €219,724 | +€30,648 | +16.2% |
| Income taxes | 67/77 | €43,664 | €51,032 | +€7,367 | +16.9% |
| Profit (loss) for the period | 9904 | €145,412 | €168,692 | +€23,281 | +16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €145,412 | €168,692 | +€23,281 | +16.0% |
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 5 October 2026 via checked.be.