Nibo Building: 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.
Nibo Building
Largest movements
- Stocks and contracts -€127,248
down €127,248 (-15.3%), from €830,766 to €703,518
- Cash +€13,856
up €13,856 (+26.9%), from €51,580 to €65,436
mainly Stocks and contracts (+€127,248) and Trade debts (+€14,484)
- Other debts -€77,038
down €77,038 (-29.2%), from €264,217 to €187,179
- Debts after one year -€64,903
down €64,903 (-11.6%), from €558,031 to €493,128
- Trade debts +€14,484
new in 2025: €14,484
- Profit (loss) carried forward +€11,627
up €11,627 (+16.7%), from €69,747 to €81,374
- Staff costs -€20,775
down €20,775 (-26.7%), from €77,708 to €56,933
- Gross operating margin -€17,290
down €17,290 (-14.1%), from €122,431 to €105,141
- Financial charges -€6,152
down €6,152 (-23.6%), from €26,089 to €19,937
- Taxes +€2,219
up €2,219 (+126%), from €1,754 to €3,973
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 | €911,283 | €786,644 | -€124,639 | -13.7% |
| Fixed assets | 21/28 | €21,433 | €13,211 | -€8,223 | -38.4% |
| Tangible fixed assets | 22/27 | €21,433 | €12,461 | -€8,973 | -41.9% |
| Plant, machinery and equipment | 23 | €1,613 | €1,265 | -€348 | -21.6% |
| Furniture and vehicles | 24 | €12,921 | €6,615 | -€6,306 | -48.8% |
| Other tangible fixed assets | 26 | €6,899 | €4,580 | -€2,319 | -33.6% |
| Financial fixed assets | 28 | - | €750 | +€750 | |
| Current assets | 29/58 | €889,850 | €773,434 | -€116,416 | -13.1% |
| Stocks and contracts in progress | 3 | €830,766 | €703,518 | -€127,248 | -15.3% |
| Stocks | 30/36 | €830,766 | €703,518 | -€127,248 | -15.3% |
| Amounts receivable within one year | 40/41 | €5,586 | €950 | -€4,636 | -83.0% |
| Trade receivables | 40 | €2,386 | - | -€2,386 | |
| Other amounts receivable | 41 | €3,200 | €950 | -€2,250 | -70.3% |
| Cash at bank and in hand | 54/58 | €51,580 | €65,436 | +€13,856 | +26.9% |
| Deferred charges and accrued income | 490/1 | €1,918 | €3,530 | +€1,612 | +84.0% |
| Total equity and liabilities | 10/49 | €911,283 | €786,644 | -€124,639 | -13.7% |
| Equity | 10/15 | €72,747 | €84,374 | +€11,627 | +16.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,747 | €81,374 | +€11,627 | +16.7% |
| Amounts payable | 17/49 | €838,536 | €702,270 | -€136,266 | -16.3% |
| Amounts payable after more than one year | 17 | €558,031 | €493,128 | -€64,903 | -11.6% |
| Financial debts | 170/4 | €558,031 | €493,128 | -€64,903 | -11.6% |
| Amounts payable within one year | 42/48 | €273,505 | €209,142 | -€64,362 | -23.5% |
| Trade debts | 44 | - | €14,484 | +€14,484 | |
| Suppliers | 440/4 | - | €14,484 | +€14,484 | |
| Taxes, remuneration and social security | 45 | €9,288 | €7,479 | -€1,808 | -19.5% |
| Taxes | 450/3 | €7,102 | €5,516 | -€1,585 | -22.3% |
| Remuneration and social security | 454/9 | €2,186 | €1,963 | -€223 | -10.2% |
| Other amounts payable | 47/48 | €264,217 | €187,179 | -€77,038 | -29.2% |
| Accrued charges and deferred income | 492/3 | €7,000 | - | -€7,000 | |
| Remuneration, social security and pensions | 62 | €77,708 | €56,933 | -€20,775 | -26.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,753 | €8,973 | +€220 | +2.5% |
| Other operating charges | 640/8 | €3,490 | €3,699 | +€209 | +6.0% |
| Gross operating margin | 9900 | €122,431 | €105,141 | -€17,290 | -14.1% |
| Operating profit (loss) | 9901 | €32,480 | €35,536 | +€3,057 | +9.4% |
| Financial income | 75/76B | €373 | €0 | -€372 | -99.9% |
| Recurring financial income | 75 | €373 | €0 | -€372 | -99.9% |
| Financial charges | 65/66B | €26,089 | €19,937 | -€6,152 | -23.6% |
| Recurring financial charges | 65 | €26,089 | €19,937 | -€6,152 | -23.6% |
| Profit (loss) for the period before taxes | 9903 | €6,763 | €15,600 | +€8,837 | +131% |
| Income taxes | 67/77 | €1,754 | €3,973 | +€2,219 | +126% |
| Profit (loss) for the period | 9904 | €5,008 | €11,627 | +€6,618 | +132% |
| Profit (loss) for the period to be appropriated | 9905 | €5,008 | €11,627 | +€6,618 | +132% |
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 17 October 2026 via checked.be.