NBA LOGISTICS: 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.
NBA LOGISTICS
Largest movements
- Tangible fixed assets +€18,238
up €18,238 (+29.2%), from €62,516 to €80,753
of which Furniture and vehicles: +€19,288
- Cash +€15,621
up €15,621 (+159%), from €9,800 to €25,421
mainly Trade debts (+€43,571) and Depreciation (+€25,430)
- Receivables within one year +€6,397
up €6,397 (+4.0%), from €159,355 to €165,752
- Trade debts +€43,571
up €43,571 (+189%), from €23,108 to €66,679
- Tax, wage and social debts -€24,043
down €24,043 (-46.2%), from €52,080 to €28,037
of which Remuneration and social security: -€14,429
- Other debts +€19,055
up €19,055 (+17.1%), from €111,549 to €130,604
- Profit (loss) carried forward +€3,474
up €3,474 (+6.8%), from €50,733 to €54,207
- Staff costs +€57,195
up €57,195 (+25.5%), from €224,035 to €281,230
- Gross operating margin +€42,300
up €42,300 (+15.5%), from €273,745 to €316,045
- Taxes -€4,157
down €4,157 (-74.7%), from €5,568 to €1,410
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 | €247,471 | €289,526 | +€42,056 | +17.0% |
| Fixed assets | 21/28 | €78,316 | €98,353 | +€20,038 | +25.6% |
| Tangible fixed assets | 22/27 | €62,516 | €80,753 | +€18,238 | +29.2% |
| Plant, machinery and equipment | 23 | €1,933 | €883 | -€1,050 | -54.3% |
| Furniture and vehicles | 24 | €60,583 | €79,870 | +€19,288 | +31.8% |
| Financial fixed assets | 28 | €15,800 | €17,600 | +€1,800 | +11.4% |
| Current assets | 29/58 | €169,155 | €191,173 | +€22,018 | +13.0% |
| Amounts receivable within one year | 40/41 | €159,355 | €165,752 | +€6,397 | +4.0% |
| Trade receivables | 40 | €159,355 | €165,752 | +€6,397 | +4.0% |
| Cash at bank and in hand | 54/58 | €9,800 | €25,421 | +€15,621 | +159% |
| Total equity and liabilities | 10/49 | €247,471 | €289,526 | +€42,056 | +17.0% |
| Equity | 10/15 | €60,733 | €64,207 | +€3,474 | +5.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,733 | €54,207 | +€3,474 | +6.8% |
| Amounts payable | 17/49 | €186,738 | €225,320 | +€38,582 | +20.7% |
| Amounts payable within one year | 42/48 | €186,738 | €225,320 | +€38,582 | +20.7% |
| Trade debts | 44 | €23,108 | €66,679 | +€43,571 | +189% |
| Suppliers | 440/4 | €23,108 | €66,679 | +€43,571 | +189% |
| Taxes, remuneration and social security | 45 | €52,080 | €28,037 | -€24,043 | -46.2% |
| Taxes | 450/3 | €32,255 | €22,641 | -€9,615 | -29.8% |
| Remuneration and social security | 454/9 | €19,825 | €5,396 | -€14,429 | -72.8% |
| Other amounts payable | 47/48 | €111,549 | €130,604 | +€19,055 | +17.1% |
| Remuneration, social security and pensions | 62 | €224,035 | €281,230 | +€57,195 | +25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,262 | €25,430 | -€831 | -3.2% |
| Other operating charges | 640/8 | €3,743 | €2,886 | -€858 | -22.9% |
| Gross operating margin | 9900 | €273,745 | €316,045 | +€42,300 | +15.5% |
| Operating profit (loss) | 9901 | €19,705 | €6,499 | -€13,206 | -67.0% |
| Financial charges | 65/66B | €192 | €1,615 | +€1,423 | +739% |
| Recurring financial charges | 65 | €192 | €436 | +€243 | +126% |
| Non-recurring financial charges | 66B | - | €1,179 | +€1,179 | |
| Profit (loss) for the period before taxes | 9903 | €19,513 | €4,884 | -€14,629 | -75.0% |
| Income taxes | 67/77 | €5,568 | €1,410 | -€4,157 | -74.7% |
| Profit (loss) for the period | 9904 | €13,945 | €3,474 | -€10,471 | -75.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,945 | €3,474 | -€10,471 | -75.1% |
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 16 October 2026 via checked.be.