NEDERBEL B.V.: 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.
NEDERBEL B.V.
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward +€25,573
up €25,573, from -€19,340 to €6,233
- Tax, wage and social debts -€23,126
down €23,126 (-81.2%), from €28,466 to €5,340
- Write-downs -€106,913
down €106,913, from €96,010 to -€10,903
- Financial income -€20,002
down €20,002 (-34.2%), from €58,419 to €38,417
- Financial charges +€10,938
up €10,938 (+776%), from €1,410 to €12,347
- Taxes -€7,958
down €7,958 (-59.8%), from €13,298 to €5,340
- Gross operating margin +€2,147
up €2,147 (+26.2%), from -€8,207 to -€6,060
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 | €1,122,165 | €1,121,694 | -€471 | 0.0% |
| Current assets | 29/58 | €1,122,165 | €1,121,694 | -€471 | 0.0% |
| Amounts receivable within one year | 40/41 | €1,116,287 | €1,119,537 | +€3,249 | +0.3% |
| Other amounts receivable | 41 | €1,116,287 | €1,119,537 | +€3,249 | +0.3% |
| Cash at bank and in hand | 54/58 | €5,878 | €2,157 | -€3,721 | -63.3% |
| Total equity and liabilities | 10/49 | €1,122,165 | €1,121,694 | -€471 | 0.0% |
| Equity | 10/15 | €1,087,816 | €1,113,389 | +€25,573 | +2.4% |
| Contributions | 10/11 | €54,730 | €54,730 | = | 0.0% |
| Reserves | 13 | €1,052,426 | €1,052,426 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,473 | €5,473 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,473 | €5,473 | = | 0.0% |
| Distributable reserves | 133 | €1,046,953 | €1,046,953 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,340 | €6,233 | +€25,573 | |
| Amounts payable | 17/49 | €34,349 | €8,305 | -€26,044 | -75.8% |
| Amounts payable within one year | 42/48 | €28,466 | €5,468 | -€22,998 | -80.8% |
| Trade debts | 44 | €0 | €128 | +€128 | |
| Suppliers | 440/4 | €0 | €128 | +€128 | |
| Taxes, remuneration and social security | 45 | €28,466 | €5,340 | -€23,126 | -81.2% |
| Taxes | 450/3 | €28,466 | €5,340 | -€23,126 | -81.2% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €5,883 | €2,837 | -€3,046 | -51.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €96,010 | -€10,903 | -€106,913 | |
| Other operating charges | 640/8 | €0 | - | = | |
| Gross operating margin | 9900 | -€8,207 | -€6,060 | +€2,147 | +26.2% |
| Operating profit (loss) | 9901 | -€104,217 | €4,843 | +€109,060 | |
| Financial income | 75/76B | €58,419 | €38,417 | -€20,002 | -34.2% |
| Recurring financial income | 75 | €58,419 | €38,417 | -€20,002 | -34.2% |
| Financial charges | 65/66B | €1,410 | €12,347 | +€10,938 | +776% |
| Recurring financial charges | 65 | €1,410 | €12,347 | +€10,938 | +776% |
| Profit (loss) for the period before taxes | 9903 | -€47,208 | €30,913 | +€78,121 | |
| Income taxes | 67/77 | €13,298 | €5,340 | -€7,958 | -59.8% |
| Profit (loss) for the period | 9904 | -€60,507 | €25,573 | +€86,079 | |
| Profit (loss) for the period to be appropriated | 9905 | -€60,507 | €25,573 | +€86,079 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.