NBUL CONSULT: 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.
NBUL CONSULT
Largest movements
- Receivables within one year +€57,153
up €57,153 (+282%), from €20,238 to €77,391
of which Other amounts receivable: +€37,689
- Cash -€5,753
down €5,753 (-75.8%), from €7,591 to €1,838
mainly Receivables within one year (-€57,153) and Debts after one year (-€7,831)
- Tangible fixed assets -€5,586
down €5,586 (-13.4%), from €41,694 to €36,108
of which Other tangible fixed assets: -€5,052
- Tax, wage and social debts +€36,126
up €36,126 (+145%), from €24,899 to €61,025
of which Remuneration and social security: +€18,951
- Trade debts +€16,456
up €16,456 (+310%), from €5,309 to €21,765
- Debts after one year -€7,831
down €7,831 (-25.7%), from €30,477 to €22,646
- Gross operating margin +€85,797
up €85,797 (+417%), from €20,565 to €106,362
- Staff costs +€68,980
up €68,980 (+315%), from €21,877 to €90,857
- Taxes +€4,476
new in 2024: €4,476
- Other operating charges +€2,901
up €2,901 (+548%), from €529 to €3,430
- Depreciation +€2,302
up €2,302 (+95.0%), from €2,422 to €4,724
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 | €69,523 | €115,337 | +€45,814 | +65.9% |
| Fixed assets | 21/28 | €41,694 | €36,108 | -€5,586 | -13.4% |
| Tangible fixed assets | 22/27 | €41,694 | €36,108 | -€5,586 | -13.4% |
| Plant, machinery and equipment | 23 | €21,564 | €19,174 | -€2,390 | -11.1% |
| Furniture and vehicles | 24 | €766 | €2,622 | +€1,856 | +242% |
| Other tangible fixed assets | 26 | €19,364 | €14,312 | -€5,052 | -26.1% |
| Current assets | 29/58 | €27,829 | €79,229 | +€51,400 | +185% |
| Amounts receivable within one year | 40/41 | €20,238 | €77,391 | +€57,153 | +282% |
| Trade receivables | 40 | €9,851 | €29,315 | +€19,464 | +198% |
| Other amounts receivable | 41 | €10,387 | €48,076 | +€37,689 | +363% |
| Cash at bank and in hand | 54/58 | €7,591 | €1,838 | -€5,753 | -75.8% |
| Total equity and liabilities | 10/49 | €69,523 | €115,337 | +€45,814 | +65.9% |
| Equity | 10/15 | €1,552 | €2,053 | +€501 | +32.3% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,948 | -€5,447 | +€501 | +8.4% |
| Amounts payable | 17/49 | €67,971 | €113,284 | +€45,313 | +66.7% |
| Amounts payable after more than one year | 17 | €30,477 | €22,646 | -€7,831 | -25.7% |
| Financial debts | 170/4 | €30,477 | €22,646 | -€7,831 | -25.7% |
| Amounts payable within one year | 42/48 | €37,494 | €90,638 | +€53,144 | +142% |
| Current portion of amounts payable after more than one year | 42 | €7,286 | €7,832 | +€546 | +7.5% |
| Financial debts | 43 | - | €16 | +€16 | |
| Credit institutions | 430/8 | - | €16 | +€16 | |
| Trade debts | 44 | €5,309 | €21,765 | +€16,456 | +310% |
| Suppliers | 440/4 | €5,309 | €21,765 | +€16,456 | +310% |
| Taxes, remuneration and social security | 45 | €24,899 | €61,025 | +€36,126 | +145% |
| Taxes | 450/3 | €18,338 | €35,513 | +€17,175 | +93.7% |
| Remuneration and social security | 454/9 | €6,561 | €25,512 | +€18,951 | +289% |
| Remuneration, social security and pensions | 62 | €21,877 | €90,857 | +€68,980 | +315% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,422 | €4,724 | +€2,302 | +95.0% |
| Other operating charges | 640/8 | €529 | €3,430 | +€2,901 | +548% |
| Gross operating margin | 9900 | €20,565 | €106,362 | +€85,797 | +417% |
| Operating profit (loss) | 9901 | -€4,263 | €7,351 | +€11,614 | |
| Financial income | 75/76B | €326 | €1,114 | +€788 | +242% |
| Recurring financial income | 75 | €326 | €1,114 | +€788 | +242% |
| Financial charges | 65/66B | €2,011 | €3,488 | +€1,477 | +73.4% |
| Recurring financial charges | 65 | €2,011 | €3,488 | +€1,477 | +73.4% |
| Profit (loss) for the period before taxes | 9903 | -€5,948 | €4,977 | +€10,925 | |
| Income taxes | 67/77 | - | €4,476 | +€4,476 | |
| Profit (loss) for the period | 9904 | -€5,948 | €501 | +€6,449 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,948 | €501 | +€6,449 |
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 22 October 2026 via checked.be.