NCCB: 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.
NCCB
Largest movements
- Receivables within one year -€63,790
down €63,790 (-35.2%), from €181,117 to €117,326
of which Other amounts receivable: -€52,541
- Receivables after one year -€60,464
no longer reported in 2025 (was €60,464)
- Intangible fixed assets +€35,444
up €35,444 (+338.4%), from €10,475 to €45,919
- Tangible fixed assets +€24,980
up €24,980 (+26.8%), from €93,136 to €118,116
of which Plant, machinery and equipment: +€34,021
- Cash -€15,659
down €15,659 (-40.7%), from €38,429 to €22,770
mainly Contributions, distributions and other (-€260,563) and Investment in fixed assets (net) (-€103,018)
- Reserves -€199,159
down €199,159 (-48.2%), from €413,133 to €213,974
of which Distributable reserves: -€197,159
- Other debts +€56,907
up €56,907 (+7325.9%), from €777 to €57,684
- Debts after one year +€39,462
up €39,462 (+95.6%), from €41,269 to €80,731
of which Financial debts: +€56,402
- Contributions +€18,600
up €18,600 (+150.0%), from €12,400 to €31,000
- Current portion of long-term debt +€15,176
up €15,176 (+26.2%), from €57,921 to €73,097
- Financial charges -€6,853
down €6,853 (-31.3%), from €21,903 to €15,050
- Other operating charges +€5,542
up €5,542 (+54.3%), from €10,213 to €15,755
- Staff costs +€4,920
up €4,920 (+1.9%), from €256,020 to €260,940
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 | €729,402 | €644,670 | -€84,732 | -11.6% |
| Fixed assets | 21/28 | €434,075 | €494,499 | +€60,424 | +13.9% |
| Intangible fixed assets | 21 | €10,475 | €45,919 | +€35,444 | +338.4% |
| Tangible fixed assets | 22/27 | €93,136 | €118,116 | +€24,980 | +26.8% |
| Plant, machinery and equipment | 23 | €23,393 | €57,414 | +€34,021 | +145.4% |
| Furniture and vehicles | 24 | €67,762 | €60,330 | -€7,432 | -11.0% |
| Other tangible fixed assets | 26 | €1,981 | €372 | -€1,609 | -81.2% |
| Financial fixed assets | 28 | €330,464 | €330,464 | = | 0.0% |
| Current assets | 29/58 | €295,327 | €150,171 | -€145,156 | -49.2% |
| Amounts receivable after more than one year | 29 | €60,464 | - | -€60,464 | |
| Other amounts receivable | 291 | €60,464 | - | -€60,464 | |
| Stocks and contracts in progress | 3 | €15,197 | €10,074 | -€5,123 | -33.7% |
| Stocks | 30/36 | €15,197 | €10,074 | -€5,123 | -33.7% |
| Amounts receivable within one year | 40/41 | €181,117 | €117,326 | -€63,790 | -35.2% |
| Trade receivables | 40 | €18,369 | €7,120 | -€11,249 | -61.2% |
| Other amounts receivable | 41 | €162,748 | €110,206 | -€52,541 | -32.3% |
| Cash at bank and in hand | 54/58 | €38,429 | €22,770 | -€15,659 | -40.7% |
| Deferred charges and accrued income | 490/1 | €120 | - | -€120 | |
| Total equity and liabilities | 10/49 | €729,402 | €644,670 | -€84,732 | -11.6% |
| Equity | 10/15 | €425,533 | €244,974 | -€180,559 | -42.4% |
| Contributions | 10/11 | €12,400 | €31,000 | +€18,600 | +150.0% |
| Reserves | 13 | €413,133 | €213,974 | -€199,159 | -48.2% |
| Non-distributable reserves | 130/1 | €2,000 | - | -€2,000 | |
| Reserves not available under the articles | 1311 | €2,000 | - | -€2,000 | |
| Distributable reserves | 133 | €411,133 | €213,974 | -€197,159 | -48.0% |
| Amounts payable | 17/49 | €303,869 | €399,696 | +€95,827 | +31.5% |
| Amounts payable after more than one year | 17 | €41,269 | €80,731 | +€39,462 | +95.6% |
| Financial debts | 170/4 | €24,329 | €80,731 | +€56,402 | +231.8% |
| Trade debts | 175 | €16,940 | - | -€16,940 | |
| Amounts payable within one year | 42/48 | €262,600 | €318,965 | +€56,365 | +21.5% |
| Current portion of amounts payable after more than one year | 42 | €57,921 | €73,097 | +€15,176 | +26.2% |
| Financial debts | 43 | - | €25 | +€25 | |
| Credit institutions | 430/8 | - | €25 | +€25 | |
| Trade debts | 44 | €120,617 | €118,927 | -€1,690 | -1.4% |
| Suppliers | 440/4 | €120,617 | €118,927 | -€1,690 | -1.4% |
| Taxes, remuneration and social security | 45 | €83,285 | €69,231 | -€14,053 | -16.9% |
| Taxes | 450/3 | €35,834 | €38,899 | +€3,065 | +8.6% |
| Remuneration and social security | 454/9 | €47,451 | €30,333 | -€17,118 | -36.1% |
| Other amounts payable | 47/48 | €777 | €57,684 | +€56,907 | +7325.9% |
| Remuneration, social security and pensions | 62 | €256,020 | €260,940 | +€4,920 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,620 | €42,594 | -€3,026 | -6.6% |
| Other operating charges | 640/8 | €10,213 | €15,755 | +€5,542 | +54.3% |
| Gross operating margin | 9900 | €443,170 | €440,092 | -€3,078 | -0.7% |
| Operating profit (loss) | 9901 | €131,316 | €120,802 | -€10,514 | -8.0% |
| Financial income | 75/76B | €2,021 | €4,385 | +€2,364 | +116.9% |
| Recurring financial income | 75 | €2,021 | €4,385 | +€2,364 | +116.9% |
| Financial charges | 65/66B | €21,903 | €15,050 | -€6,853 | -31.3% |
| Recurring financial charges | 65 | €21,903 | €15,050 | -€6,853 | -31.3% |
| Profit (loss) for the period before taxes | 9903 | €111,435 | €110,138 | -€1,297 | -1.2% |
| Income taxes | 67/77 | €34,086 | €30,133 | -€3,953 | -11.6% |
| Profit (loss) for the period | 9904 | €77,349 | €80,005 | +€2,656 | +3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €77,349 | €80,005 | +€2,656 | +3.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.