NEBACO: 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.
NEBACO
Largest movements
- Receivables within one year -€23,849
down €23,849 (-53.5%), from €44,585 to €20,736
of which Trade receivables: -€31,672
- Cash -€17,870
down €17,870 (-23.6%), from €75,818 to €57,948
mainly Other debts (-€69,150) and Advances received (-€8,796)
- Stocks and contracts -€3,901
down €3,901 (-7.3%), from €53,737 to €49,836
- Other debts -€69,150
down €69,150 (-100%), from €69,150 to €0
- Reserves +€31,052
up €31,052 (+93.3%), from €33,287 to €64,339
- Advances received -€8,796
down €8,796 (-99.5%), from €8,842 to €45
- Tax, wage and social debts -€7,066
down €7,066 (-26.4%), from €26,760 to €19,694
of which Taxes: -€9,217
- Trade debts +€6,359
up €6,359 (+12.7%), from €49,905 to €56,264
- Gross operating margin -€6,651
down €6,651 (-4.6%), from €145,767 to €139,116
- Taxes -€5,602
down €5,602 (-29.5%), from €18,962 to €13,361
- Staff costs +€3,181
up €3,181 (+3.9%), from €81,076 to €84,257
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 | €192,944 | €145,342 | -€47,601 | -24.7% |
| Fixed assets | 21/28 | €18,278 | €16,546 | -€1,732 | -9.5% |
| Tangible fixed assets | 22/27 | €18,178 | €16,446 | -€1,732 | -9.5% |
| Plant, machinery and equipment | 23 | €12,574 | €11,945 | -€629 | -5.0% |
| Furniture and vehicles | 24 | €5,603 | €4,501 | -€1,103 | -19.7% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €174,666 | €128,797 | -€45,869 | -26.3% |
| Stocks and contracts in progress | 3 | €53,737 | €49,836 | -€3,901 | -7.3% |
| Stocks | 30/36 | €53,737 | €49,836 | -€3,901 | -7.3% |
| Amounts receivable within one year | 40/41 | €44,585 | €20,736 | -€23,849 | -53.5% |
| Trade receivables | 40 | €42,063 | €10,391 | -€31,672 | -75.3% |
| Other amounts receivable | 41 | €2,522 | €10,345 | +€7,823 | +310% |
| Cash at bank and in hand | 54/58 | €75,818 | €57,948 | -€17,870 | -23.6% |
| Deferred charges and accrued income | 490/1 | €526 | €277 | -€250 | -47.4% |
| Total equity and liabilities | 10/49 | €192,944 | €145,342 | -€47,601 | -24.7% |
| Equity | 10/15 | €38,287 | €69,339 | +€31,052 | +81.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €33,287 | €64,339 | +€31,052 | +93.3% |
| Distributable reserves | 133 | €33,287 | €64,339 | +€31,052 | +93.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €154,657 | €76,004 | -€78,653 | -50.9% |
| Amounts payable within one year | 42/48 | €154,657 | €76,004 | -€78,653 | -50.9% |
| Trade debts | 44 | €49,905 | €56,264 | +€6,359 | +12.7% |
| Suppliers | 440/4 | €49,905 | €56,264 | +€6,359 | +12.7% |
| Advances received on contracts in progress | 46 | €8,842 | €45 | -€8,796 | -99.5% |
| Taxes, remuneration and social security | 45 | €26,760 | €19,694 | -€7,066 | -26.4% |
| Taxes | 450/3 | €16,046 | €6,829 | -€9,217 | -57.4% |
| Remuneration and social security | 454/9 | €10,714 | €12,865 | +€2,151 | +20.1% |
| Other amounts payable | 47/48 | €69,150 | €0 | -€69,150 | -100% |
| Remuneration, social security and pensions | 62 | €81,076 | €84,257 | +€3,181 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,368 | €6,218 | -€150 | -2.4% |
| Other operating charges | 640/8 | €2,697 | €1,550 | -€1,147 | -42.5% |
| Gross operating margin | 9900 | €145,767 | €139,116 | -€6,651 | -4.6% |
| Operating profit (loss) | 9901 | €55,626 | €47,090 | -€8,536 | -15.3% |
| Financial income | 75/76B | €172 | €640 | +€468 | +272% |
| Recurring financial income | 75 | €172 | €640 | +€468 | +272% |
| Financial charges | 65/66B | €3,548 | €3,317 | -€231 | -6.5% |
| Recurring financial charges | 65 | €3,548 | €3,317 | -€231 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €52,249 | €44,413 | -€7,837 | -15.0% |
| Income taxes | 67/77 | €18,962 | €13,361 | -€5,602 | -29.5% |
| Profit (loss) for the period | 9904 | €33,287 | €31,052 | -€2,235 | -6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €33,287 | €31,052 | -€2,235 | -6.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.