NEPEBA: 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.
NEPEBA
Largest movements
- Cash +€9,315
up €9,315 (+27.4%), from €34,032 to €43,347
mainly Depreciation (+€8,430) and Net result for the year (+€5,025)
- Tangible fixed assets -€7,250
down €7,250 (-47.1%), from €15,389 to €8,138
of which Furniture and vehicles: -€6,731
- Receivables within one year -€4,855
down €4,855 (-51.0%), from €9,512 to €4,657
of which Trade receivables: -€3,530
- Deferred charges and accrued income +€2,333
up €2,333 (+185.1%), from €1,260 to €3,593
- Other debts -€6,507
down €6,507 (-19.3%), from €33,775 to €27,268
- Profit (loss) carried forward +€5,025
up €5,025 (+46.0%), from €10,914 to €15,939
- Tax, wage and social debts +€1,356
new in 2025: €1,356
- Taxes -€12,425
down €12,425, from €8,590 to -€3,835
- Gross operating margin +€11,184
up €11,184 (+1092.1%), from €1,024 to €12,209
- Depreciation -€454
down €454 (-5.1%), from €8,885 to €8,430
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 | €64,392 | €63,935 | -€457 | -0.7% |
| Fixed assets | 21/28 | €15,389 | €8,138 | -€7,250 | -47.1% |
| Tangible fixed assets | 22/27 | €15,389 | €8,138 | -€7,250 | -47.1% |
| Plant, machinery and equipment | 23 | €4,359 | €3,840 | -€519 | -11.9% |
| Furniture and vehicles | 24 | €11,030 | €4,298 | -€6,731 | -61.0% |
| Current assets | 29/58 | €49,003 | €55,797 | +€6,793 | +13.9% |
| Stocks and contracts in progress | 3 | €4,200 | €4,200 | = | 0.0% |
| Contracts in progress | 37 | €4,200 | €4,200 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €9,512 | €4,657 | -€4,855 | -51.0% |
| Trade receivables | 40 | €4,311 | €781 | -€3,530 | -81.9% |
| Other amounts receivable | 41 | €5,200 | €3,876 | -€1,324 | -25.5% |
| Cash at bank and in hand | 54/58 | €34,032 | €43,347 | +€9,315 | +27.4% |
| Deferred charges and accrued income | 490/1 | €1,260 | €3,593 | +€2,333 | +185.1% |
| Total equity and liabilities | 10/49 | €64,392 | €63,935 | -€457 | -0.7% |
| Equity | 10/15 | €30,286 | €35,311 | +€5,025 | +16.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €18,372 | €18,372 | = | 0.0% |
| Distributable reserves | 133 | €18,372 | €18,372 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,914 | €15,939 | +€5,025 | +46.0% |
| Amounts payable | 17/49 | €34,106 | €28,624 | -€5,482 | -16.1% |
| Amounts payable within one year | 42/48 | €34,106 | €28,624 | -€5,482 | -16.1% |
| Trade debts | 44 | €332 | - | -€332 | |
| Suppliers | 440/4 | €332 | - | -€332 | |
| Taxes, remuneration and social security | 45 | - | €1,356 | +€1,356 | |
| Taxes | 450/3 | - | €1,356 | +€1,356 | |
| Other amounts payable | 47/48 | €33,775 | €27,268 | -€6,507 | -19.3% |
| Non-recurring operating income | 76A | €697 | €1,758 | +€1,061 | +152.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,885 | €8,430 | -€454 | -5.1% |
| Other operating charges | 640/8 | €1,223 | €1,216 | -€7 | -0.6% |
| Non-recurring operating charges | 66A | - | €1,416 | +€1,416 | |
| Gross operating margin | 9900 | €1,024 | €12,209 | +€11,184 | +1092.1% |
| Operating profit (loss) | 9901 | -€9,084 | €1,146 | +€10,230 | |
| Financial income | 75/76B | €3 | €116 | +€113 | +3428.9% |
| Recurring financial income | 75 | €3 | €116 | +€113 | +3428.9% |
| Financial charges | 65/66B | €70 | €72 | +€2 | +2.8% |
| Recurring financial charges | 65 | €70 | €72 | +€2 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,150 | €1,190 | +€10,341 | |
| Income taxes | 67/77 | €8,590 | -€3,835 | -€12,425 | |
| Profit (loss) for the period | 9904 | -€17,741 | €5,025 | +€22,766 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,741 | €5,025 | +€22,766 |
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 9 October 2026 via checked.be.