NIBSO: 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.
NIBSO
Largest movements
- Financial fixed assets +€63,000
up €63,000 (+15.2%), from €413,405 to €476,405
- Receivables within one year +€25,832
up €25,832 (+19.2%), from €134,393 to €160,225
of which Trade receivables: +€25,940
- Tangible fixed assets +€8,594
up €8,594 (+150%), from €5,733 to €14,327
- Other debts +€59,489
up €59,489 (+118%), from €50,272 to €109,761
- Profit (loss) carried forward +€26,859
up €26,859 (+8.2%), from €327,477 to €354,336
- Tax, wage and social debts +€17,800
up €17,800 (+33.8%), from €52,736 to €70,535
of which Remuneration and social security: +€18,182
- Gross operating margin +€17,664
up €17,664 (+66.8%), from €26,449 to €44,112
- Taxes +€3,966
up €3,966 (+57.8%), from €6,861 to €10,827
- Staff costs +€1,300
new in 2025: €1,300
- Depreciation -€1,233
down €1,233 (-30.9%), from €3,996 to €2,763
- Other operating charges +€480
up €480 (+40.6%), from €1,184 to €1,664
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 | €556,347 | €656,867 | +€100,520 | +18.1% |
| Fixed assets | 21/28 | €419,137 | €490,732 | +€71,594 | +17.1% |
| Tangible fixed assets | 22/27 | €5,733 | €14,327 | +€8,594 | +150% |
| Furniture and vehicles | 24 | €5,733 | €14,327 | +€8,594 | +150% |
| Financial fixed assets | 28 | €413,405 | €476,405 | +€63,000 | +15.2% |
| Current assets | 29/58 | €137,209 | €166,135 | +€28,926 | +21.1% |
| Amounts receivable within one year | 40/41 | €134,393 | €160,225 | +€25,832 | +19.2% |
| Trade receivables | 40 | €134,285 | €160,225 | +€25,940 | +19.3% |
| Other amounts receivable | 41 | €108 | - | -€108 | |
| Cash at bank and in hand | 54/58 | €1,658 | €5,910 | +€4,252 | +256% |
| Deferred charges and accrued income | 490/1 | €1,158 | - | -€1,158 | |
| Total equity and liabilities | 10/49 | €556,347 | €656,867 | +€100,520 | +18.1% |
| Equity | 10/15 | €341,737 | €368,596 | +€26,859 | +7.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 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 | €327,477 | €354,336 | +€26,859 | +8.2% |
| Amounts payable | 17/49 | €214,610 | €288,271 | +€73,661 | +34.3% |
| Amounts payable after more than one year | 17 | €101,637 | €101,637 | = | 0.0% |
| Financial debts | 170/4 | €101,637 | €101,637 | = | 0.0% |
| Amounts payable within one year | 42/48 | €107,089 | €186,634 | +€79,545 | +74.3% |
| Current portion of amounts payable after more than one year | 42 | - | €5,877 | +€5,877 | |
| Trade debts | 44 | €4,081 | €460 | -€3,621 | -88.7% |
| Suppliers | 440/4 | €4,081 | €460 | -€3,621 | -88.7% |
| Taxes, remuneration and social security | 45 | €52,736 | €70,535 | +€17,800 | +33.8% |
| Taxes | 450/3 | €23,336 | €22,954 | -€382 | -1.6% |
| Remuneration and social security | 454/9 | €29,400 | €47,582 | +€18,182 | +61.8% |
| Other amounts payable | 47/48 | €50,272 | €109,761 | +€59,489 | +118% |
| Accrued charges and deferred income | 492/3 | €5,884 | - | -€5,884 | |
| Remuneration, social security and pensions | 62 | - | €1,300 | +€1,300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,996 | €2,763 | -€1,233 | -30.9% |
| Other operating charges | 640/8 | €1,184 | €1,664 | +€480 | +40.6% |
| Gross operating margin | 9900 | €26,449 | €44,112 | +€17,664 | +66.8% |
| Operating profit (loss) | 9901 | €21,269 | €38,385 | +€17,116 | +80.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €547 | €699 | +€153 | +27.9% |
| Recurring financial charges | 65 | €547 | €699 | +€153 | +27.9% |
| Profit (loss) for the period before taxes | 9903 | €20,723 | €37,686 | +€16,963 | +81.9% |
| Income taxes | 67/77 | €6,861 | €10,827 | +€3,966 | +57.8% |
| Profit (loss) for the period | 9904 | €13,861 | €26,859 | +€12,998 | +93.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,861 | €26,859 | +€12,998 | +93.8% |
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 20 October 2026 via checked.be.