NBJ: 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.
NBJ
Largest movements
- Deferred charges and accrued income +€17,457
new in 2025: €17,457
- Cash +€6,185
up €6,185 (+33.1%), from €18,702 to €24,887
mainly Net result for the year (+€31,501) and Trade debts (+€25,585)
- Reserves +€31,501
up €31,501 (+181.1%), from €17,395 to €48,897
- Trade debts +€25,585
up €25,585 (+299.1%), from €8,554 to €34,139
- Other debts -€23,425
down €23,425 (-8.5%), from €274,000 to €250,576
- Debts after one year -€15,269
down €15,269 (-46.8%), from €32,620 to €17,351
- Tax, wage and social debts +€4,555
up €4,555 (+105.5%), from €4,318 to €8,873
- Gross operating margin +€10,248
up €10,248 (+28.7%), from €35,688 to €45,936
- Financial charges -€6,145
down €6,145 (-64.0%), from €9,603 to €3,458
- Taxes +€4,356
up €4,356 (+100.9%), from €4,318 to €8,674
- Financial income +€1,759
up €1,759 (+16226.9%), from €11 to €1,770
- Other operating charges -€632
down €632 (-16.2%), from €3,908 to €3,276
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 | €353,572 | €377,203 | +€23,631 | +6.7% |
| Fixed assets | 21/28 | €3,513 | €2,716 | -€798 | -22.7% |
| Tangible fixed assets | 22/27 | €3,513 | €2,716 | -€798 | -22.7% |
| Furniture and vehicles | 24 | €3,513 | €2,716 | -€798 | -22.7% |
| Current assets | 29/58 | €350,059 | €374,488 | +€24,429 | +7.0% |
| Stocks and contracts in progress | 3 | €311,679 | €312,349 | +€670 | +0.2% |
| Stocks | 30/36 | €311,679 | €312,349 | +€670 | +0.2% |
| Amounts receivable within one year | 40/41 | €19,678 | €19,795 | +€117 | +0.6% |
| Trade receivables | 40 | €16,946 | €17,013 | +€67 | +0.4% |
| Other amounts receivable | 41 | €2,732 | €2,782 | +€50 | +1.8% |
| Cash at bank and in hand | 54/58 | €18,702 | €24,887 | +€6,185 | +33.1% |
| Deferred charges and accrued income | 490/1 | - | €17,457 | +€17,457 | |
| Total equity and liabilities | 10/49 | €353,572 | €377,203 | +€23,631 | +6.7% |
| Equity | 10/15 | €19,495 | €50,997 | +€31,501 | +161.6% |
| Contributions | 10/11 | €2,100 | €2,100 | = | 0.0% |
| Reserves | 13 | €17,395 | €48,897 | +€31,501 | +181.1% |
| Distributable reserves | 133 | €17,395 | €48,897 | +€31,501 | +181.1% |
| Amounts payable | 17/49 | €334,077 | €326,207 | -€7,870 | -2.4% |
| Amounts payable after more than one year | 17 | €32,620 | €17,351 | -€15,269 | -46.8% |
| Financial debts | 170/4 | €32,620 | €17,351 | -€15,269 | -46.8% |
| Amounts payable within one year | 42/48 | €301,457 | €308,856 | +€7,399 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €14,585 | €15,269 | +€684 | +4.7% |
| Trade debts | 44 | €8,554 | €34,139 | +€25,585 | +299.1% |
| Suppliers | 440/4 | €8,554 | €34,139 | +€25,585 | +299.1% |
| Taxes, remuneration and social security | 45 | €4,318 | €8,873 | +€4,555 | +105.5% |
| Taxes | 450/3 | €4,318 | €8,873 | +€4,555 | +105.5% |
| Other amounts payable | 47/48 | €274,000 | €250,576 | -€23,425 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €475 | €798 | +€323 | +68.0% |
| Other operating charges | 640/8 | €3,908 | €3,276 | -€632 | -16.2% |
| Gross operating margin | 9900 | €35,688 | €45,936 | +€10,248 | +28.7% |
| Operating profit (loss) | 9901 | €31,305 | €41,863 | +€10,558 | +33.7% |
| Financial income | 75/76B | €11 | €1,770 | +€1,759 | +16226.9% |
| Recurring financial income | 75 | €11 | €1,770 | +€1,759 | +16226.9% |
| Financial charges | 65/66B | €9,603 | €3,458 | -€6,145 | -64.0% |
| Recurring financial charges | 65 | €9,603 | €3,458 | -€6,145 | -64.0% |
| Profit (loss) for the period before taxes | 9903 | €21,713 | €40,175 | +€18,462 | +85.0% |
| Income taxes | 67/77 | €4,318 | €8,674 | +€4,356 | +100.9% |
| Profit (loss) for the period | 9904 | €17,395 | €31,501 | +€14,106 | +81.1% |
| Profit (loss) for the period to be appropriated | 9905 | €17,395 | €31,501 | +€14,106 | +81.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.