NBFT CONSULTING: 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.
NBFT CONSULTING
Largest movements
- Tangible fixed assets +€83,480
new in 2025: €83,480
- Cash -€62,035
down €62,035 (-46.7%), from €132,847 to €70,812
mainly Contributions, distributions and other (-€221,490) and Investment in fixed assets (net) (-€84,405)
- Receivables within one year +€15,788
up €15,788 (+14.8%), from €107,000 to €122,788
of which Trade receivables: +€12,000
- Deferred charges and accrued income +€2,872
up €2,872 (+9903.8%), from €29 to €2,901
- Debts after one year +€60,000
new in 2025: €60,000
- Tax, wage and social debts -€22,631
down €22,631 (-22.8%), from €99,208 to €76,578
of which Taxes: -€25,531
- Reserves -€20,654
down €20,654 (-15.1%), from €136,491 to €115,837
- Current portion of long-term debt +€20,000
new in 2025: €20,000
- Trade debts +€4,981
up €4,981 (+314.2%), from €1,585 to €6,567
- Gross operating margin +€28,605
up €28,605 (+11.5%), from €249,528 to €278,133
- Taxes +€13,488
up €13,488 (+21.7%), from €62,220 to €75,708
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 | €239,876 | €279,981 | +€40,105 | +16.7% |
| Fixed assets | 21/28 | - | €83,480 | +€83,480 | |
| Tangible fixed assets | 22/27 | - | €83,480 | +€83,480 | |
| Furniture and vehicles | 24 | - | €83,480 | +€83,480 | |
| Current assets | 29/58 | €239,876 | €196,502 | -€43,374 | -18.1% |
| Amounts receivable within one year | 40/41 | €107,000 | €122,788 | +€15,788 | +14.8% |
| Trade receivables | 40 | €107,000 | €119,000 | +€12,000 | +11.2% |
| Other amounts receivable | 41 | - | €3,788 | +€3,788 | |
| Cash at bank and in hand | 54/58 | €132,847 | €70,812 | -€62,035 | -46.7% |
| Deferred charges and accrued income | 490/1 | €29 | €2,901 | +€2,872 | +9903.8% |
| Total equity and liabilities | 10/49 | €239,876 | €279,981 | +€40,105 | +16.7% |
| Equity | 10/15 | €137,491 | €116,837 | -€20,654 | -15.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €136,491 | €115,837 | -€20,654 | -15.1% |
| Distributable reserves | 133 | €136,491 | €115,837 | -€20,654 | -15.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €102,385 | €163,144 | +€60,759 | +59.3% |
| Amounts payable after more than one year | 17 | - | €60,000 | +€60,000 | |
| Financial debts | 170/4 | - | €60,000 | +€60,000 | |
| Amounts payable within one year | 42/48 | €102,385 | €103,144 | +€759 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | - | €20,000 | +€20,000 | |
| Trade debts | 44 | €1,585 | €6,567 | +€4,981 | +314.2% |
| Suppliers | 440/4 | €1,585 | €6,567 | +€4,981 | +314.2% |
| Taxes, remuneration and social security | 45 | €99,208 | €76,578 | -€22,631 | -22.8% |
| Taxes | 450/3 | €99,208 | €73,678 | -€25,531 | -25.7% |
| Remuneration and social security | 454/9 | - | €2,900 | +€2,900 | |
| Other amounts payable | 47/48 | €1,592 | €0 | -€1,592 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €925 | +€925 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €249,528 | €278,133 | +€28,605 | +11.5% |
| Operating profit (loss) | 9901 | €249,140 | €276,808 | +€27,668 | +11.1% |
| Financial charges | 65/66B | €260 | €264 | +€4 | +1.5% |
| Recurring financial charges | 65 | €260 | €264 | +€4 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | €248,880 | €276,544 | +€27,664 | +11.1% |
| Income taxes | 67/77 | €62,220 | €75,708 | +€13,488 | +21.7% |
| Profit (loss) for the period | 9904 | €186,660 | €200,836 | +€14,176 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €186,660 | €200,836 | +€14,176 | +7.6% |
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 6 October 2026 via checked.be.