NBS 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.
NBS GROUP
Largest movements
- Receivables within one year +€27,163
up €27,163 (+200%), from €13,613 to €40,776
of which Trade receivables: +€27,150
- Tangible fixed assets +€2,995
new in 2025: €2,995
- Profit (loss) carried forward +€22,824
up €22,824 (+148%), from €15,467 to €38,292
- Tax, wage and social debts +€21,029
up €21,029 (+158%), from €13,307 to €34,335
of which Taxes: +€15,563
- Current portion of long-term debt -€16,729
no longer reported in 2025 (was €16,729)
- Gross operating margin +€21,247
up €21,247 (+109%), from €19,430 to €40,676
- Taxes +€9,274
up €9,274 (+220%), from €4,207 to €13,481
- Financial charges -€1,789
down €1,789 (-36.7%), from €4,870 to €3,082
- Depreciation +€890
new in 2025: €890
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 | €133,967 | €163,159 | +€29,192 | +21.8% |
| Fixed assets | 21/28 | €115,000 | €117,995 | +€2,995 | +2.6% |
| Tangible fixed assets | 22/27 | - | €2,995 | +€2,995 | |
| Furniture and vehicles | 24 | - | €2,995 | +€2,995 | |
| Financial fixed assets | 28 | €115,000 | €115,000 | = | 0.0% |
| Current assets | 29/58 | €18,967 | €45,164 | +€26,198 | +138% |
| Amounts receivable within one year | 40/41 | €13,613 | €40,776 | +€27,163 | +200% |
| Trade receivables | 40 | €13,613 | €40,763 | +€27,150 | +199% |
| Other amounts receivable | 41 | - | €13 | +€13 | |
| Cash at bank and in hand | 54/58 | €5,354 | €4,389 | -€966 | -18.0% |
| Total equity and liabilities | 10/49 | €133,967 | €163,159 | +€29,192 | +21.8% |
| Equity | 10/15 | €17,967 | €40,792 | +€22,824 | +127% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,467 | €38,292 | +€22,824 | +148% |
| Amounts payable | 17/49 | €115,999 | €122,367 | +€6,368 | +5.5% |
| Amounts payable after more than one year | 17 | €73,001 | €73,001 | = | 0.0% |
| Financial debts | 170/4 | €73,001 | €73,001 | = | 0.0% |
| Amounts payable within one year | 42/48 | €42,643 | €49,367 | +€6,724 | +15.8% |
| Current portion of amounts payable after more than one year | 42 | €16,729 | - | -€16,729 | |
| Trade debts | 44 | €3,493 | €4,315 | +€822 | +23.5% |
| Suppliers | 440/4 | €3,493 | €4,315 | +€822 | +23.5% |
| Taxes, remuneration and social security | 45 | €13,307 | €34,335 | +€21,029 | +158% |
| Taxes | 450/3 | €10,981 | €26,544 | +€15,563 | +142% |
| Remuneration and social security | 454/9 | €2,326 | €7,791 | +€5,465 | +235% |
| Other amounts payable | 47/48 | €9,114 | €10,716 | +€1,602 | +17.6% |
| Accrued charges and deferred income | 492/3 | €356 | - | -€356 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €890 | +€890 | |
| Other operating charges | 640/8 | €732 | €400 | -€332 | -45.4% |
| Gross operating margin | 9900 | €19,430 | €40,676 | +€21,247 | +109% |
| Operating profit (loss) | 9901 | €18,698 | €39,386 | +€20,688 | +111% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €4,870 | €3,082 | -€1,789 | -36.7% |
| Recurring financial charges | 65 | €4,870 | €3,082 | -€1,789 | -36.7% |
| Profit (loss) for the period before taxes | 9903 | €13,828 | €36,305 | +€22,477 | +163% |
| Income taxes | 67/77 | €4,207 | €13,481 | +€9,274 | +220% |
| Profit (loss) for the period | 9904 | €9,621 | €22,824 | +€13,203 | +137% |
| Profit (loss) for the period to be appropriated | 9905 | €9,621 | €22,824 | +€13,203 | +137% |
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 27 October 2026 via checked.be.