NB2B: 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.
NB2B
Largest movements
- Cash +€180,985
up €180,985 (+39.8%), from €454,371 to €635,356
mainly Net result for the year (+€170,590) and Receivables within one year (+€20,575)
- Receivables within one year -€20,575
down €20,575 (-9.1%), from €224,997 to €204,422
of which Trade receivables: -€19,714
- Tangible fixed assets -€14,343
down €14,343 (-27.4%), from €52,262 to €37,919
- Reserves +€170,590
up €170,590 (+24.3%), from €703,009 to €873,599
- Tax, wage and social debts -€20,369
down €20,369 (-30.4%), from €66,904 to €46,535
- Debts after one year -€10,089
down €10,089 (-59.8%), from €16,875 to €6,786
- Gross operating margin -€13,510
down €13,510 (-5.4%), from €252,400 to €238,890
- Taxes -€4,113
down €4,113 (-7.3%), from €56,320 to €52,207
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 | €801,717 | €947,941 | +€146,224 | +18.2% |
| Fixed assets | 21/28 | €52,262 | €37,919 | -€14,343 | -27.4% |
| Tangible fixed assets | 22/27 | €52,262 | €37,919 | -€14,343 | -27.4% |
| Furniture and vehicles | 24 | €52,262 | €37,919 | -€14,343 | -27.4% |
| Current assets | 29/58 | €749,455 | €910,022 | +€160,566 | +21.4% |
| Amounts receivable after more than one year | 29 | €69,100 | €69,100 | = | 0.0% |
| Other amounts receivable | 291 | €69,100 | €69,100 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €224,997 | €204,422 | -€20,575 | -9.1% |
| Trade receivables | 40 | €223,210 | €203,495 | -€19,714 | -8.8% |
| Other amounts receivable | 41 | €1,788 | €927 | -€861 | -48.1% |
| Cash at bank and in hand | 54/58 | €454,371 | €635,356 | +€180,985 | +39.8% |
| Deferred charges and accrued income | 490/1 | €986 | €1,143 | +€156 | +15.9% |
| Total equity and liabilities | 10/49 | €801,717 | €947,941 | +€146,224 | +18.2% |
| Equity | 10/15 | €705,509 | €876,099 | +€170,590 | +24.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €703,009 | €873,599 | +€170,590 | +24.3% |
| Distributable reserves | 133 | €703,009 | €873,599 | +€170,590 | +24.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €96,208 | €71,842 | -€24,366 | -25.3% |
| Amounts payable after more than one year | 17 | €16,875 | €6,786 | -€10,089 | -59.8% |
| Financial debts | 170/4 | €16,875 | €6,786 | -€10,089 | -59.8% |
| Amounts payable within one year | 42/48 | €79,333 | €64,974 | -€14,359 | -18.1% |
| Current portion of amounts payable after more than one year | 42 | €9,981 | €10,089 | +€107 | +1.1% |
| Financial debts | 43 | - | €616 | +€616 | |
| Credit institutions | 430/8 | - | €616 | +€616 | |
| Trade debts | 44 | €1,525 | €6,036 | +€4,511 | +296% |
| Suppliers | 440/4 | €1,525 | €6,036 | +€4,511 | +296% |
| Taxes, remuneration and social security | 45 | €66,904 | €46,535 | -€20,369 | -30.4% |
| Taxes | 450/3 | €66,904 | €46,535 | -€20,369 | -30.4% |
| Other amounts payable | 47/48 | €922 | €1,698 | +€775 | +84.1% |
| Accrued charges and deferred income | 492/3 | - | €82 | +€82 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,343 | €14,343 | = | 0.0% |
| Other operating charges | 640/8 | €1,724 | €1,331 | -€392 | -22.8% |
| Gross operating margin | 9900 | €252,400 | €238,890 | -€13,510 | -5.4% |
| Operating profit (loss) | 9901 | €236,333 | €223,216 | -€13,118 | -5.6% |
| Financial income | 75/76B | €67 | €10 | -€57 | -84.6% |
| Recurring financial income | 75 | €67 | €10 | -€57 | -84.6% |
| Financial charges | 65/66B | €515 | €428 | -€86 | -16.8% |
| Recurring financial charges | 65 | €515 | €428 | -€86 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | €235,886 | €222,798 | -€13,088 | -5.5% |
| Income taxes | 67/77 | €56,320 | €52,207 | -€4,113 | -7.3% |
| Profit (loss) for the period | 9904 | €179,566 | €170,590 | -€8,975 | -5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €179,566 | €170,590 | -€8,975 | -5.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.