NIBOO: 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.
NIBOO
Largest movements
- Tangible fixed assets -€35,002
down €35,002 (-44.8%), from €78,044 to €43,042
of which Other tangible fixed assets: -€26,613
- Deferred charges and accrued income +€17,714
up €17,714 (+140.5%), from €12,608 to €30,321
- Financial fixed assets +€11,600
new in 2025: €11,600
- Profit (loss) carried forward +€60,311
up €60,311 (+39.4%), from -€152,945 to -€92,633
- Current portion of long-term debt -€26,697
down €26,697 (-78.3%), from €34,116 to €7,419
- Trade debts -€19,904
down €19,904 (-10.8%), from €183,807 to €163,903
- Advances received -€10,619
down €10,619 (-52.2%), from €20,331 to €9,712
- Debts after one year -€7,419
down €7,419 (-32.2%), from €23,019 to €15,600
- Staff costs -€275,862
down €275,862 (-28.8%), from €957,703 to €681,841
- Gross operating margin -€70,422
down €70,422 (-8.2%), from €862,305 to €791,883
- Depreciation -€29,208
down €29,208 (-38.8%), from €75,197 to €45,989
- Write-downs +€20,200
up €20,200, from -€19,628 to €572
- Financial income -€19,380
down €19,380 (-77.2%), from €25,100 to €5,720
of which Non-recurring financial income: -€19,292
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 | €629,526 | €625,737 | -€3,789 | -0.6% |
| Fixed assets | 21/28 | €79,535 | €54,642 | -€24,893 | -31.3% |
| Intangible fixed assets | 21 | €1,491 | €0 | -€1,491 | -100.0% |
| Tangible fixed assets | 22/27 | €78,044 | €43,042 | -€35,002 | -44.8% |
| Furniture and vehicles | 24 | €48,177 | €39,789 | -€8,388 | -17.4% |
| Other tangible fixed assets | 26 | €29,867 | €3,254 | -€26,613 | -89.1% |
| Financial fixed assets | 28 | - | €11,600 | +€11,600 | |
| Current assets | 29/58 | €549,990 | €571,095 | +€21,104 | +3.8% |
| Amounts receivable within one year | 40/41 | €433,945 | €434,975 | +€1,030 | +0.2% |
| Trade receivables | 40 | €432,900 | €426,148 | -€6,752 | -1.6% |
| Other amounts receivable | 41 | €1,045 | €8,827 | +€7,782 | +744.7% |
| Cash at bank and in hand | 54/58 | €103,438 | €105,799 | +€2,361 | +2.3% |
| Deferred charges and accrued income | 490/1 | €12,608 | €30,321 | +€17,714 | +140.5% |
| Total equity and liabilities | 10/49 | €629,526 | €625,737 | -€3,789 | -0.6% |
| Equity | 10/15 | €127,675 | €183,585 | +€55,910 | +43.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €270,018 | €270,018 | = | 0.0% |
| Distributable reserves | 133 | €270,018 | €270,018 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€152,945 | -€92,633 | +€60,311 | +39.4% |
| Investment grants | 15 | €4,402 | €0 | -€4,402 | -100.0% |
| Amounts payable | 17/49 | €501,851 | €442,153 | -€59,698 | -11.9% |
| Amounts payable after more than one year | 17 | €23,019 | €15,600 | -€7,419 | -32.2% |
| Financial debts | 170/4 | €23,019 | €15,600 | -€7,419 | -32.2% |
| Amounts payable within one year | 42/48 | €401,522 | €345,155 | -€56,367 | -14.0% |
| Current portion of amounts payable after more than one year | 42 | €34,116 | €7,419 | -€26,697 | -78.3% |
| Financial debts | 43 | - | €4,230 | +€4,230 | |
| Other loans | 439 | - | €4,230 | +€4,230 | |
| Trade debts | 44 | €183,807 | €163,903 | -€19,904 | -10.8% |
| Suppliers | 440/4 | €183,807 | €163,903 | -€19,904 | -10.8% |
| Advances received on contracts in progress | 46 | €20,331 | €9,712 | -€10,619 | -52.2% |
| Taxes, remuneration and social security | 45 | €163,268 | €159,832 | -€3,436 | -2.1% |
| Taxes | 450/3 | €60,179 | €35,991 | -€24,188 | -40.2% |
| Remuneration and social security | 454/9 | €103,089 | €123,840 | +€20,752 | +20.1% |
| Other amounts payable | 47/48 | - | €59 | +€59 | |
| Accrued charges and deferred income | 492/3 | €77,310 | €81,397 | +€4,087 | +5.3% |
| Remuneration, social security and pensions | 62 | €957,703 | €681,841 | -€275,862 | -28.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,197 | €45,989 | -€29,208 | -38.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€19,628 | €572 | +€20,200 | |
| Other operating charges | 640/8 | €18,513 | €3,996 | -€14,517 | -78.4% |
| Gross operating margin | 9900 | €862,305 | €791,883 | -€70,422 | -8.2% |
| Operating profit (loss) | 9901 | -€169,480 | €59,485 | +€228,965 | |
| Financial income | 75/76B | €25,100 | €5,720 | -€19,380 | -77.2% |
| Recurring financial income | 75 | €4,518 | €4,430 | -€88 | -1.9% |
| Non-recurring financial income | 76B | €20,581 | €1,289 | -€19,292 | -93.7% |
| Financial charges | 65/66B | €6,698 | €4,073 | -€2,626 | -39.2% |
| Recurring financial charges | 65 | €6,698 | €4,073 | -€2,626 | -39.2% |
| Profit (loss) for the period before taxes | 9903 | -€151,079 | €61,132 | +€212,211 | |
| Income taxes | 67/77 | €1,866 | €821 | -€1,045 | -56.0% |
| Profit (loss) for the period | 9904 | -€152,945 | €60,311 | +€213,256 | |
| Profit (loss) for the period to be appropriated | 9905 | -€152,945 | €60,311 | +€213,256 |
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 10 October 2026 via checked.be.