NEJRAB: 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.
NEJRAB
Largest movements
- Receivables within one year +€7,704
up €7,704 (+17.6%), from €43,883 to €51,587
of which Other amounts receivable: +€7,606
- Stocks and contracts -€6,717
down €6,717 (-61.6%), from €10,900 to €4,183
- Tangible fixed assets -€3,025
down €3,025 (-56.8%), from €5,326 to €2,301
of which Furniture and vehicles: -€1,810
- Tax, wage and social debts -€10,924
down €10,924 (-35.6%), from €30,700 to €19,776
of which Remuneration and social security: -€6,961
- Trade debts +€7,201
up €7,201 (+512.5%), from €1,405 to €8,607
- Staff costs -€14,649
down €14,649 (-97.9%), from €14,967 to €319
- Gross operating margin -€11,993
down €11,993 (-56.7%), from €21,141 to €9,149
- Other operating charges +€2,652
up €2,652 (+54.8%), from €4,844 to €7,496
- Financial income +€1,691
up €1,691 (+163.3%), from €1,035 to €2,726
- Taxes -€1,682
no longer reported in 2024 (was €1,682)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €62,519 | €59,387 | -€3,132 | -5.0% |
| Fixed assets | 21/28 | €6,169 | €3,144 | -€3,025 | -49.0% |
| Tangible fixed assets | 22/27 | €5,326 | €2,301 | -€3,025 | -56.8% |
| Plant, machinery and equipment | 23 | €3,516 | €2,301 | -€1,216 | -34.6% |
| Furniture and vehicles | 24 | €1,810 | - | -€1,810 | |
| Financial fixed assets | 28 | €843 | €843 | = | 0.0% |
| Current assets | 29/58 | €56,350 | €56,243 | -€107 | -0.2% |
| Stocks and contracts in progress | 3 | €10,900 | €4,183 | -€6,717 | -61.6% |
| Stocks | 30/36 | €10,900 | €4,183 | -€6,717 | -61.6% |
| Amounts receivable within one year | 40/41 | €43,883 | €51,587 | +€7,704 | +17.6% |
| Trade receivables | 40 | - | €98 | +€98 | |
| Other amounts receivable | 41 | €43,883 | €51,489 | +€7,606 | +17.3% |
| Cash at bank and in hand | 54/58 | €1,002 | €473 | -€529 | -52.8% |
| Deferred charges and accrued income | 490/1 | €566 | - | -€566 | |
| Total equity and liabilities | 10/49 | €62,519 | €59,387 | -€3,132 | -5.0% |
| Equity | 10/15 | €29,967 | €30,439 | +€471 | +1.6% |
| Contributions | 10/11 | €11,800 | €11,800 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,307 | €16,779 | +€471 | +2.9% |
| Amounts payable | 17/49 | €32,552 | €28,949 | -€3,604 | -11.1% |
| Amounts payable within one year | 42/48 | €32,105 | €28,501 | -€3,604 | -11.2% |
| Trade debts | 44 | €1,405 | €8,607 | +€7,201 | +512.5% |
| Suppliers | 440/4 | €1,405 | €8,607 | +€7,201 | +512.5% |
| Advances received on contracts in progress | 46 | - | €119 | +€119 | |
| Taxes, remuneration and social security | 45 | €30,700 | €19,776 | -€10,924 | -35.6% |
| Taxes | 450/3 | €21,315 | €17,352 | -€3,963 | -18.6% |
| Remuneration and social security | 454/9 | €9,385 | €2,425 | -€6,961 | -74.2% |
| Accrued charges and deferred income | 492/3 | €447 | €447 | = | 0.0% |
| Non-recurring operating income | 76A | €31,101 | - | -€31,101 | |
| Remuneration, social security and pensions | 62 | €14,967 | €319 | -€14,649 | -97.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,777 | €3,025 | +€248 | +8.9% |
| Other operating charges | 640/8 | €4,844 | €7,496 | +€2,652 | +54.8% |
| Gross operating margin | 9900 | €21,141 | €9,149 | -€11,993 | -56.7% |
| Operating profit (loss) | 9901 | -€1,447 | -€1,692 | -€245 | -16.9% |
| Financial income | 75/76B | €1,035 | €2,726 | +€1,691 | +163.3% |
| Recurring financial income | 75 | €1,035 | €2,726 | +€1,691 | +163.3% |
| Financial charges | 65/66B | €522 | €563 | +€42 | +8.0% |
| Recurring financial charges | 65 | €522 | €563 | +€42 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | -€933 | €471 | +€1,405 | |
| Income taxes | 67/77 | €1,682 | - | -€1,682 | |
| Profit (loss) for the period | 9904 | -€2,616 | €471 | +€3,087 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,616 | €471 | +€3,087 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.