NBC Group: 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.
NBC Group
Largest movements
- Receivables within one year +€9,251
up €9,251 (+62.1%), from €14,906 to €24,157
of which Trade receivables: +€9,657
- Cash +€2,227
up €2,227 (+84.7%), from €2,631 to €4,859
mainly Net result for the year (+€6,178) and Other debts (+€5,179)
- Tangible fixed assets -€1,422
down €1,422 (-52.4%), from €2,714 to €1,292
- Profit (loss) carried forward +€6,178
up €6,178, from -€86 to €6,092
- Other debts +€5,179
up €5,179 (+1,326%), from €391 to €5,570
- Reserves -€4,900
down €4,900 (-99.9%), from €4,905 to €5
- Tax, wage and social debts +€3,623
up €3,623 (+8,655%), from €42 to €3,665
- Gross operating margin +€8,628
up €8,628 (+477%), from €1,810 to €10,438
- Taxes +€2,229
new in 2025: €2,229
- Other operating charges +€168
up €168 (+43.3%), from €387 to €555
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 | €20,251 | €30,359 | +€10,108 | +49.9% |
| Fixed assets | 21/28 | €2,714 | €1,292 | -€1,422 | -52.4% |
| Tangible fixed assets | 22/27 | €2,714 | €1,292 | -€1,422 | -52.4% |
| Other tangible fixed assets | 26 | €2,714 | €1,292 | -€1,422 | -52.4% |
| Current assets | 29/58 | €17,537 | €29,067 | +€11,530 | +65.7% |
| Amounts receivable within one year | 40/41 | €14,906 | €24,157 | +€9,251 | +62.1% |
| Trade receivables | 40 | €4,500 | €14,157 | +€9,657 | +215% |
| Other amounts receivable | 41 | €10,406 | €10,000 | -€406 | -3.9% |
| Cash at bank and in hand | 54/58 | €2,631 | €4,859 | +€2,227 | +84.7% |
| Deferred charges and accrued income | 490/1 | - | €52 | +€52 | |
| Total equity and liabilities | 10/49 | €20,251 | €30,359 | +€10,108 | +49.9% |
| Equity | 10/15 | €19,819 | €21,097 | +€1,278 | +6.4% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €4,905 | €5 | -€4,900 | -99.9% |
| Distributable reserves | 133 | €4,905 | €5 | -€4,900 | -99.9% |
| Profit (loss) carried forward | 14 | -€86 | €6,092 | +€6,178 | |
| Amounts payable | 17/49 | €432 | €9,263 | +€8,830 | +2,042% |
| Amounts payable within one year | 42/48 | €432 | €9,263 | +€8,830 | +2,042% |
| Trade debts | 44 | - | €28 | +€28 | |
| Suppliers | 440/4 | - | €28 | +€28 | |
| Taxes, remuneration and social security | 45 | €42 | €3,665 | +€3,623 | +8,655% |
| Taxes | 450/3 | €42 | €3,665 | +€3,623 | +8,655% |
| Other amounts payable | 47/48 | €391 | €5,570 | +€5,179 | +1,326% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,422 | €1,422 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €555 | +€168 | +43.3% |
| Gross operating margin | 9900 | €1,810 | €10,438 | +€8,628 | +477% |
| Operating profit (loss) | 9901 | €1 | €8,461 | +€8,460 | +995,318% |
| Financial charges | 65/66B | €54 | €54 | = | 0.0% |
| Recurring financial charges | 65 | €54 | €54 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€53 | €8,407 | +€8,460 | |
| Income taxes | 67/77 | - | €2,229 | +€2,229 | |
| Profit (loss) for the period | 9904 | -€53 | €6,178 | +€6,231 | |
| Profit (loss) for the period to be appropriated | 9905 | -€53 | €6,178 | +€6,231 |
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 22 October 2026 via checked.be.