NIEBO: what changed
Two fiscal 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.
NIEBO
Largest movements
- Receivables within one year -€6,541
down €6,541 (-2.2%), from €296,941 to €290,399
of which Trade receivables: -€9,962
- Tangible fixed assets -€4,924
down €4,924 (-35.3%), from €13,952 to €9,028
- Accrued charges and deferred income -€10,960
down €10,960 (-45.4%), from €24,116 to €13,156
- Trade debts -€7,244
down €7,244 (-95.9%), from €7,552 to €308
- Gross operating margin -€8,027
down €8,027 (-89.7%), from €8,952 to €925
- Other operating charges +€5,694
up €5,694 (+7591.7%), from €75 to €5,769
- Taxes -€2,700
down €2,700 (-58.1%), from €4,648 to €1,948
- Financial income +€1,268
up €1,268 (+9.2%), from €13,800 to €15,068
of which Financial income: +€4,612
- Write-downs +€729
up €729 (+97.7%), from -€746 to -€18
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €320,059 | €305,532 | -€14,527 | -4.5% |
| Fixed assets | 21/28 | €13,952 | €9,028 | -€4,924 | -35.3% |
| Tangible fixed assets | 22/27 | €13,952 | €9,028 | -€4,924 | -35.3% |
| Plant, machinery and equipment | 23 | €13,952 | €9,028 | -€4,924 | -35.3% |
| Current assets | 29/58 | €306,107 | €296,504 | -€9,603 | -3.1% |
| Amounts receivable within one year | 40/41 | €296,941 | €290,399 | -€6,541 | -2.2% |
| Trade receivables | 40 | €59,331 | €49,369 | -€9,962 | -16.8% |
| Other amounts receivable | 41 | €237,610 | €241,030 | +€3,421 | +1.4% |
| Deferred charges and accrued income | 490/1 | €9,166 | €6,105 | -€3,062 | -33.4% |
| Total equity and liabilities | 10/49 | €320,059 | €305,532 | -€14,527 | -4.5% |
| Equity | 10/15 | €282,509 | €285,576 | +€3,066 | +1.1% |
| Contributions | 10/11 | €142,500 | €142,500 | = | 0.0% |
| Reserves | 13 | €140,009 | €143,076 | +€3,066 | +2.2% |
| Distributable reserves | 133 | €140,009 | €143,076 | +€3,066 | +2.2% |
| Amounts payable | 17/49 | €37,550 | €19,956 | -€17,594 | -46.9% |
| Amounts payable within one year | 42/48 | €13,434 | €6,801 | -€6,634 | -49.4% |
| Trade debts | 44 | €7,552 | €308 | -€7,244 | -95.9% |
| Suppliers | 440/4 | €7,552 | €308 | -€7,244 | -95.9% |
| Taxes, remuneration and social security | 45 | €5,882 | €6,493 | +€610 | +10.4% |
| Taxes | 450/3 | €5,882 | €6,493 | +€610 | +10.4% |
| Accrued charges and deferred income | 492/3 | €24,116 | €13,156 | -€10,960 | -45.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,924 | €4,924 | +€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€746 | -€18 | +€729 | +97.7% |
| Other operating charges | 640/8 | €75 | €5,769 | +€5,694 | +7591.7% |
| Gross operating margin | 9900 | €8,952 | €925 | -€8,027 | -89.7% |
| Operating profit (loss) | 9901 | €4,699 | -€9,750 | -€14,449 | |
| Financial income | 75/76B | €13,800 | €15,068 | +€1,268 | +9.2% |
| Recurring financial income | 75 | €10,456 | €15,068 | +€4,612 | +44.1% |
| Non-recurring financial income | 76B | €3,344 | €0 | -€3,344 | -100.0% |
| Financial charges | 65/66B | €191 | €303 | +€113 | +59.2% |
| Recurring financial charges | 65 | €191 | €303 | +€113 | +59.2% |
| Profit (loss) for the period before taxes | 9903 | €18,309 | €5,014 | -€13,294 | -72.6% |
| Income taxes | 67/77 | €4,648 | €1,948 | -€2,700 | -58.1% |
| Profit (loss) for the period | 9904 | €13,661 | €3,066 | -€10,595 | -77.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,661 | €3,066 | -€10,595 | -77.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.