NBK.T: 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.
NBK.T
Largest movements
- Receivables within one year -€179,136
down €179,136 (-84.5%), from €211,973 to €32,837
of which Other amounts receivable: -€179,136
- Tangible fixed assets -€25,421
down €25,421 (-60.6%), from €41,921 to €16,500
of which Furniture and vehicles: -€13,408
- Cash -€19,708
down €19,708 (-54.0%), from €36,496 to €16,788
mainly Trade debts (-€185,713) and Net result for the year (-€105,276)
- Trade debts -€185,713
down €185,713 (-45.8%), from €405,557 to €219,844
- Profit (loss) carried forward -€105,276
down €105,276 (-39.3%), from -€268,151 to -€373,427
- Tax, wage and social debts +€47,811
up €47,811 (+138%), from €34,554 to €82,365
- Short-term financial debts +€19,740
new in 2024: €19,740
- Gross operating margin +€136,293
up €136,293 (+66.4%), from -€205,276 to -€68,983
- Depreciation -€5,598
down €5,598 (-18.0%), from €31,019 to €25,421
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €310,990 | €86,725 | -€224,265 | -72.1% |
| Fixed assets | 21/28 | €62,521 | €37,100 | -€25,421 | -40.7% |
| Tangible fixed assets | 22/27 | €41,921 | €16,500 | -€25,421 | -60.6% |
| Furniture and vehicles | 24 | €29,908 | €16,500 | -€13,408 | -44.8% |
| Leasing and similar rights | 25 | €12,013 | - | -€12,013 | |
| Financial fixed assets | 28 | €20,600 | €20,600 | = | 0.0% |
| Current assets | 29/58 | €248,469 | €49,625 | -€198,844 | -80.0% |
| Amounts receivable within one year | 40/41 | €211,973 | €32,837 | -€179,136 | -84.5% |
| Trade receivables | 40 | €15,544 | €15,544 | = | 0.0% |
| Other amounts receivable | 41 | €196,429 | €17,293 | -€179,136 | -91.2% |
| Cash at bank and in hand | 54/58 | €36,496 | €16,788 | -€19,708 | -54.0% |
| Total equity and liabilities | 10/49 | €310,990 | €86,725 | -€224,265 | -72.1% |
| Equity | 10/15 | -€247,691 | -€352,967 | -€105,276 | -42.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€268,151 | -€373,427 | -€105,276 | -39.3% |
| Provisions and deferred taxes | 16 | €52,125 | €52,125 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €52,125 | €52,125 | = | 0.0% |
| Major repairs and maintenance | 162 | €12,000 | €12,000 | = | 0.0% |
| Environmental obligations | 163 | €40,125 | €40,125 | = | 0.0% |
| Amounts payable | 17/49 | €506,556 | €387,567 | -€118,989 | -23.5% |
| Amounts payable after more than one year | 17 | €32,430 | €32,430 | = | 0.0% |
| Financial debts | 170/4 | €32,430 | €32,430 | = | 0.0% |
| Amounts payable within one year | 42/48 | €474,126 | €355,137 | -€118,989 | -25.1% |
| Current portion of amounts payable after more than one year | 42 | €14,915 | €14,915 | = | 0.0% |
| Financial debts | 43 | - | €19,740 | +€19,740 | |
| Credit institutions | 430/8 | - | €19,740 | +€19,740 | |
| Trade debts | 44 | €405,557 | €219,844 | -€185,713 | -45.8% |
| Suppliers | 440/4 | €405,557 | €219,844 | -€185,713 | -45.8% |
| Taxes, remuneration and social security | 45 | €34,554 | €82,365 | +€47,811 | +138% |
| Taxes | 450/3 | €34,554 | €82,365 | +€47,811 | +138% |
| Other amounts payable | 47/48 | €19,100 | €18,273 | -€827 | -4.3% |
| Remuneration, social security and pensions | 62 | €5,330 | €5,827 | +€497 | +9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,019 | €25,421 | -€5,598 | -18.0% |
| Other operating charges | 640/8 | €1,219 | €848 | -€371 | -30.4% |
| Gross operating margin | 9900 | -€205,276 | -€68,983 | +€136,293 | +66.4% |
| Operating profit (loss) | 9901 | -€242,844 | -€101,079 | +€141,765 | +58.4% |
| Financial income | 75/76B | €13 | - | -€13 | |
| Recurring financial income | 75 | €13 | - | -€13 | |
| Financial charges | 65/66B | €3,939 | €2,700 | -€1,239 | -31.5% |
| Recurring financial charges | 65 | €3,939 | €2,700 | -€1,239 | -31.5% |
| Profit (loss) for the period before taxes | 9903 | -€246,770 | -€103,779 | +€142,991 | +57.9% |
| Income taxes | 67/77 | €1,678 | €1,497 | -€181 | -10.8% |
| Profit (loss) for the period | 9904 | -€248,448 | -€105,276 | +€143,172 | +57.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€248,448 | -€105,276 | +€143,172 | +57.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.