NEBIM: 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.
What changed
NEBIM
NACE 33.170, Repair, maintenance and installation of machinery and equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2.2m
2024 · €2.4m-€165,773
Equity
€4.5m
2024 · €4.6m-€104,949
Cash
€4,413
2024 · €4,136+€277
Balance sheet total
€22.4m
2024 · €21.9m+€554,678
Largest movements
Assets
- Tangible fixed assets -€804,660
down €804,660 (-8.1%), from €9.9m to €9.1m
of which Land and buildings: -€686,456
- Financial fixed assets +€748,500
up €748,500 (+720.1%), from €103,940 to €852,440
of which Companies linked by participating interests: +€750,000
- Stocks and contracts +€706,620
up €706,620 (+10.6%), from €6.7m to €7.4m
of which Stocks: +€748,558
Equity and liabilities
- Trade debts +€1.4m
up €1.4m (+40.2%), from €3.5m to €4.9m
- Short-term financial debts +€1.3m
up €1.3m (+101.3%), from €1.2m to €2.5m
- Accrued charges and deferred income -€752,146
down €752,146 (-17.5%), from €4.3m to €3.5m
- Debts after one year -€472,135
down €472,135 (-11.3%), from €4.2m to €3.7m
- Tax, wage and social debts -€463,592
down €463,592 (-21.0%), from €2.2m to €1.7m
of which Taxes: -€419,108
Income statement
- Goods and materials -€1.3m
down €1.3m (-3.6%), from €35.2m to €33.9m
of which Change in stocks: decrease (increase): -€3.5m
- Turnover -€1.2m
down €1.2m (-2.4%), from €50.2m to €49.0m
- Services and other goods +€629,378
up €629,378 (+16.0%), from €3.9m to €4.6m
- Provisions -€585,614
down €585,614, from €387,169 to -€198,445
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.
Result 2024
€2.4m
Turnover
-€1.2m
Other operating income
-€14,336
Goods and materials
+€1.3m
Services and other goods
-€629,378
Staff costs
-€485,361
Depreciation
+€124,884
Write-downs
+€15,470
Provisions
+€585,614
Other operating charges
+€15,797
Other operating items
+€22,856
Financial income
-€38,546
Financial charges
+€63,345
Taxes
+€144,654
Result 2025
€2.2m
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.
From operations
+€2.5m
Investment
-€1.0m
Financing
-€1.5m
Cash 2024
€4,136
From operations (derived)
+€2.5m
Net result for the year
+€2.2m
Depreciation
+€1.1m
Receivables after one year
+€94,949
Stocks and contracts
-€706,620
Receivables within one year
+€62,391
Deferred charges and accrued income
-€61,396
Provisions
-€305,864
Trade debts
+€1.4m
Tax, wage and social debts
-€463,592
Other debts
-€41,583
Accrued charges and deferred income
-€752,146
Investment (derived)
-€1.0m
Investment in fixed assets (net)
-€1.0m
Financing
-€1.5m
Debts after one year
-€472,135
Current portion of long-term debt
+€19,770
Short-term financial debts
+€1.3m
Contributions, distributions and other
-€2.3m
Cash 2025
€4,413
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,862,066 | €22,416,744 | +€554,678 | +2.5% |
| Fixed assets | 21/28 | €10,045,429 | €9,989,155 | -€56,274 | -0.6% |
| Intangible fixed assets | 21 | €114 | - | -€114 | |
| Tangible fixed assets | 22/27 | €9,941,375 | €9,136,715 | -€804,660 | -8.1% |
| Land and buildings | 22 | €8,857,749 | €8,171,293 | -€686,456 | -7.7% |
| Plant, machinery and equipment | 23 | €876,025 | €756,033 | -€119,992 | -13.7% |
| Furniture and vehicles | 24 | €203,601 | €197,689 | -€5,912 | -2.9% |
| Assets under construction and advance payments | 27 | €4,000 | €11,700 | +€7,700 | +192.5% |
| Financial fixed assets | 28 | €103,940 | €852,440 | +€748,500 | +720.1% |
| Affiliated companies | 280/1 | €100,000 | €100,000 | = | 0.0% |
| Participating interests | 280 | €100,000 | €100,000 | = | 0.0% |
| Companies linked by participating interests | 282/3 | - | €750,000 | +€750,000 | |
| Participating interests | 282 | - | €750,000 | +€750,000 | |
| Other financial fixed assets | 284/8 | €3,940 | €2,440 | -€1,500 | -38.1% |
| Amounts receivable and cash guarantees | 285/8 | €3,940 | €2,440 | -€1,500 | -38.1% |
| Current assets | 29/58 | €11,816,636 | €12,427,589 | +€610,952 | +5.2% |
| Amounts receivable after more than one year | 29 | €689,715 | €594,766 | -€94,949 | -13.8% |
| Other amounts receivable | 291 | €689,715 | €594,766 | -€94,949 | -13.8% |
| Stocks and contracts in progress | 3 | €6,683,575 | €7,390,195 | +€706,620 | +10.6% |
| Stocks | 30/36 | €6,494,940 | €7,243,497 | +€748,558 | +11.5% |
| Goods purchased for resale | 34 | €6,494,940 | €7,243,497 | +€748,558 | +11.5% |
| Contracts in progress | 37 | €188,636 | €146,698 | -€41,938 | -22.2% |
| Amounts receivable within one year | 40/41 | €3,993,604 | €3,931,213 | -€62,391 | -1.6% |
| Trade receivables | 40 | €3,220,701 | €3,279,684 | +€58,983 | +1.8% |
| Other amounts receivable | 41 | €772,903 | €651,529 | -€121,374 | -15.7% |
| Cash at bank and in hand | 54/58 | €4,136 | €4,413 | +€277 | +6.7% |
| Deferred charges and accrued income | 490/1 | €445,606 | €507,001 | +€61,396 | +13.8% |
| Total equity and liabilities | 10/49 | €21,862,066 | €22,416,744 | +€554,678 | +2.5% |
| Equity | 10/15 | €4,631,046 | €4,526,097 | -€104,949 | -2.3% |
| Contributions | 10/11 | €667,336 | €667,336 | = | 0.0% |
| Capital | 10 | €667,336 | €667,336 | = | 0.0% |
| Issued capital | 100 | €667,336 | €667,336 | = | 0.0% |
| Reserves | 13 | €2,726,072 | €2,549,140 | -€176,933 | -6.5% |
| Non-distributable reserves | 130/1 | €66,734 | €66,734 | = | 0.0% |
| Legal reserve | 130 | €66,734 | €66,734 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,260,207 | €2,083,274 | -€176,933 | -7.8% |
| Distributable reserves | 133 | €399,132 | €399,132 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,221,431 | €1,295,167 | +€73,736 | +6.0% |
| Investment grants | 15 | €16,206 | €14,454 | -€1,752 | -10.8% |
| Provisions and deferred taxes | 16 | €1,262,865 | €957,002 | -€305,864 | -24.2% |
| Provisions for liabilities and charges | 160/5 | €554,700 | €307,814 | -€246,886 | -44.5% |
| Other liabilities and charges | 164/5 | €554,700 | €307,814 | -€246,886 | -44.5% |
| Deferred taxes | 168 | €708,165 | €649,188 | -€58,978 | -8.3% |
| Amounts payable | 17/49 | €15,968,155 | €16,933,646 | +€965,491 | +6.0% |
| Amounts payable after more than one year | 17 | €4,192,344 | €3,720,208 | -€472,135 | -11.3% |
| Financial debts | 170/4 | €4,192,344 | €3,720,208 | -€472,135 | -11.3% |
| Credit institutions | 173 | €4,192,344 | €3,720,208 | -€472,135 | -11.3% |
| Amounts payable within one year | 42/48 | €7,488,297 | €9,678,069 | +€2.2m | +29.2% |
| Current portion of amounts payable after more than one year | 42 | €452,365 | €472,135 | +€19,770 | +4.4% |
| Financial debts | 43 | €1,249,068 | €2,514,223 | +€1.3m | +101.3% |
| Credit institutions | 430/8 | €1,249,068 | €2,514,223 | +€1.3m | +101.3% |
| Trade debts | 44 | €3,510,128 | €4,920,149 | +€1.4m | +40.2% |
| Suppliers | 440/4 | €3,510,128 | €4,920,149 | +€1.4m | +40.2% |
| Taxes, remuneration and social security | 45 | €2,211,502 | €1,747,910 | -€463,592 | -21.0% |
| Taxes | 450/3 | €991,623 | €572,515 | -€419,108 | -42.3% |
| Remuneration and social security | 454/9 | €1,219,879 | €1,175,395 | -€44,484 | -3.6% |
| Other amounts payable | 47/48 | €65,234 | €23,651 | -€41,583 | -63.7% |
| Accrued charges and deferred income | 492/3 | €4,287,514 | €3,535,369 | -€752,146 | -17.5% |
| Operating income | 70/76A | €51,124,140 | €49,882,408 | -€1.2m | -2.4% |
| Turnover | 70 | €50,248,173 | €49,027,085 | -€1.2m | -2.4% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€28,944 | -€41,938 | -€12,993 | -44.9% |
| Other operating income | 74 | €896,544 | €882,208 | -€14,336 | -1.6% |
| Non-recurring operating income | 76A | €8,367 | €15,052 | +€6,685 | +79.9% |
| Operating charges | 60/66A | €47,547,067 | €46,640,561 | -€906,506 | -1.9% |
| Goods for resale, raw materials and consumables | 60 | €35,176,389 | €33,926,073 | -€1.3m | -3.6% |
| Purchases | 600/8 | €32,453,843 | €34,683,655 | +€2.2m | +6.9% |
| Change in stocks: decrease (increase) | 609 | €2,722,546 | -€757,582 | -€3.5m | |
| Services and other goods | 61 | €3,937,587 | €4,566,965 | +€629,378 | +16.0% |
| Remuneration, social security and pensions | 62 | €6,629,778 | €7,115,140 | +€485,361 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,212,513 | €1,087,629 | -€124,884 | -10.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €16,866 | €1,396 | -€15,470 | -91.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €387,169 | -€198,445 | -€585,614 | |
| Other operating charges | 640/8 | €157,600 | €141,803 | -€15,797 | -10.0% |
| Non-recurring operating charges | 66A | €29,164 | - | -€29,164 | |
| Operating profit (loss) | 9901 | €3,577,073 | €3,241,847 | -€335,226 | -9.4% |
| Financial income | 75/76B | €226,138 | €187,592 | -€38,546 | -17.0% |
| Recurring financial income | 75 | €226,138 | €187,592 | -€38,546 | -17.0% |
| Income from financial fixed assets | 750 | €40,819 | €36,423 | -€4,396 | -10.8% |
| Other financial income | 752/9 | €185,319 | €151,169 | -€34,149 | -18.4% |
| Financial charges | 65/66B | €548,225 | €484,880 | -€63,345 | -11.6% |
| Recurring financial charges | 65 | €548,225 | €484,880 | -€63,345 | -11.6% |
| Debt charges | 650 | €520,535 | €461,734 | -€58,801 | -11.3% |
| Other financial charges | 652/9 | €27,690 | €23,145 | -€4,544 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €3,254,986 | €2,944,559 | -€310,427 | -9.5% |
| Transfer from deferred taxes | 780 | €58,978 | €58,978 | -€0 | 0.0% |
| Income taxes | 67/77 | €951,387 | €806,733 | -€144,654 | -15.2% |
| Taxes | 670/3 | €951,387 | €808,275 | -€143,112 | -15.0% |
| Tax adjustments and reversals of tax provisions | 77 | - | €1,542 | +€1,542 | |
| Profit (loss) for the period | 9904 | €2,362,576 | €2,196,803 | -€165,773 | -7.0% |
| Transfer from tax-exempt reserves | 789 | €176,933 | €176,933 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,539,509 | €2,373,736 | -€165,773 | -6.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.