NEBBOLLIO: 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.
NEBBOLLIO
Largest movements
- Cash -€66,182
down €66,182 (-72.6%), from €91,137 to €24,955
mainly Stocks and contracts (-€63,676) and Trade debts (-€35,029)
- Stocks and contracts +€63,676
up €63,676 (+36.3%), from €175,197 to €238,873
- Intangible fixed assets -€21,000
down €21,000 (-28.7%), from €73,140 to €52,140
- Receivables within one year +€7,013
up €7,013 (+35.9%), from €19,524 to €26,537
of which Trade receivables: +€5,547
- Tangible fixed assets -€4,196
down €4,196 (-8.7%), from €48,064 to €43,868
of which Plant, machinery and equipment: -€11,248
- Trade debts -€35,029
down €35,029 (-37.6%), from €93,055 to €58,026
- Reserves +€33,875
up €33,875 (+60.1%), from €56,364 to €90,239
- Debts after one year -€28,974
down €28,974 (-39.0%), from €74,316 to €45,342
- Tax, wage and social debts +€7,619
up €7,619 (+22.1%), from €34,501 to €42,120
of which Taxes: +€6,133
- Other debts -€5,411
down €5,411 (-9.4%), from €57,695 to €52,285
- Gross operating margin -€173,492
down €173,492 (-31.7%), from €547,661 to €374,169
- Staff costs -€127,548
down €127,548 (-32.3%), from €394,956 to €267,408
- Other operating charges -€7,326
down €7,326 (-43.6%), from €16,793 to €9,467
- Depreciation -€6,733
down €6,733 (-16.8%), from €40,034 to €33,301
- Taxes -€5,869
down €5,869 (-33.4%), from €17,588 to €11,718
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 | €407,663 | €386,863 | -€20,800 | -5.1% |
| Fixed assets | 21/28 | €121,804 | €96,008 | -€25,796 | -21.2% |
| Intangible fixed assets | 21 | €73,140 | €52,140 | -€21,000 | -28.7% |
| Tangible fixed assets | 22/27 | €48,064 | €43,868 | -€4,196 | -8.7% |
| Plant, machinery and equipment | 23 | €48,064 | €36,817 | -€11,248 | -23.4% |
| Furniture and vehicles | 24 | - | €7,051 | +€7,051 | |
| Financial fixed assets | 28 | €600 | €0 | -€600 | -100.0% |
| Current assets | 29/58 | €285,858 | €290,855 | +€4,997 | +1.7% |
| Stocks and contracts in progress | 3 | €175,197 | €238,873 | +€63,676 | +36.3% |
| Stocks | 30/36 | €175,197 | €238,873 | +€63,676 | +36.3% |
| Amounts receivable within one year | 40/41 | €19,524 | €26,537 | +€7,013 | +35.9% |
| Trade receivables | 40 | €14,039 | €19,586 | +€5,547 | +39.5% |
| Other amounts receivable | 41 | €5,485 | €6,951 | +€1,466 | +26.7% |
| Cash at bank and in hand | 54/58 | €91,137 | €24,955 | -€66,182 | -72.6% |
| Deferred charges and accrued income | 490/1 | - | €490 | +€490 | |
| Total equity and liabilities | 10/49 | €407,663 | €386,863 | -€20,800 | -5.1% |
| Equity | 10/15 | €86,364 | €120,239 | +€33,875 | +39.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €56,364 | €90,239 | +€33,875 | +60.1% |
| Distributable reserves | 133 | €56,364 | €90,239 | +€33,875 | +60.1% |
| Amounts payable | 17/49 | €321,299 | €266,625 | -€54,675 | -17.0% |
| Amounts payable after more than one year | 17 | €74,316 | €45,342 | -€28,974 | -39.0% |
| Financial debts | 170/4 | €74,316 | €45,342 | -€28,974 | -39.0% |
| Amounts payable within one year | 42/48 | €246,984 | €216,780 | -€30,203 | -12.2% |
| Current portion of amounts payable after more than one year | 42 | €27,680 | €30,943 | +€3,264 | +11.8% |
| Trade debts | 44 | €93,055 | €58,026 | -€35,029 | -37.6% |
| Suppliers | 440/4 | €93,055 | €58,026 | -€35,029 | -37.6% |
| Advances received on contracts in progress | 46 | €34,053 | €33,407 | -€646 | -1.9% |
| Taxes, remuneration and social security | 45 | €34,501 | €42,120 | +€7,619 | +22.1% |
| Taxes | 450/3 | €3,373 | €9,505 | +€6,133 | +181.8% |
| Remuneration and social security | 454/9 | €31,128 | €32,614 | +€1,486 | +4.8% |
| Other amounts payable | 47/48 | €57,695 | €52,285 | -€5,411 | -9.4% |
| Accrued charges and deferred income | 492/3 | - | €4,503 | +€4,503 | |
| Non-recurring operating income | 76A | - | €800 | +€800 | |
| Remuneration, social security and pensions | 62 | €394,956 | €267,408 | -€127,548 | -32.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,034 | €33,301 | -€6,733 | -16.8% |
| Other operating charges | 640/8 | €16,793 | €9,467 | -€7,326 | -43.6% |
| Gross operating margin | 9900 | €547,661 | €374,169 | -€173,492 | -31.7% |
| Operating profit (loss) | 9901 | €95,878 | €63,994 | -€31,884 | -33.3% |
| Financial income | 75/76B | €969 | €521 | -€448 | -46.2% |
| Recurring financial income | 75 | €845 | €365 | -€480 | -56.8% |
| Non-recurring financial income | 76B | €124 | €156 | +€31 | +25.3% |
| Financial charges | 65/66B | €22,896 | €18,921 | -€3,975 | -17.4% |
| Recurring financial charges | 65 | €22,896 | €18,921 | -€3,975 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €73,951 | €45,593 | -€28,358 | -38.3% |
| Income taxes | 67/77 | €17,588 | €11,718 | -€5,869 | -33.4% |
| Profit (loss) for the period | 9904 | €56,364 | €33,875 | -€22,489 | -39.9% |
| Profit (loss) for the period to be appropriated | 9905 | €56,364 | €33,875 | -€22,489 | -39.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.