NKO Bornem: 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.
NKO Bornem
Largest movements
- Receivables within one year +€410,486
up €410,486 (+136.4%), from €300,884 to €711,370
of which Other amounts receivable: +€407,489
- Cash -€198,892
down €198,892 (-50.9%), from €390,758 to €191,866
mainly Receivables within one year (-€410,486) and Contributions, distributions and other (-€234,128)
- Current investments -€75,000
down €75,000 (-8.3%), from €900,000 to €825,000
- Reserves +€154,162
up €154,162 (+6.7%), from €2.3m to €2.4m
of which Distributable reserves: +€154,162
- Trade debts -€45,430
down €45,430 (-87.7%), from €51,788 to €6,358
- Gross operating margin +€13,858
up €13,858 (+2.4%), from €583,024 to €596,881
- Financial income +€7,687
up €7,687 (+20.6%), from €37,385 to €45,072
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 | €2,427,661 | €2,532,516 | +€104,855 | +4.3% |
| Fixed assets | 21/28 | €171,790 | €158,796 | -€12,994 | -7.6% |
| Tangible fixed assets | 22/27 | €171,790 | €158,796 | -€12,994 | -7.6% |
| Land and buildings | 22 | €66,578 | €82,077 | +€15,499 | +23.3% |
| Plant, machinery and equipment | 23 | €51,365 | €40,567 | -€10,798 | -21.0% |
| Furniture and vehicles | 24 | €52,454 | €35,566 | -€16,889 | -32.2% |
| Other tangible fixed assets | 26 | €1,392 | €586 | -€806 | -57.9% |
| Current assets | 29/58 | €2,255,871 | €2,373,721 | +€117,849 | +5.2% |
| Amounts receivable after more than one year | 29 | €605,000 | €605,000 | = | 0.0% |
| Other amounts receivable | 291 | €605,000 | €605,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €300,884 | €711,370 | +€410,486 | +136.4% |
| Trade receivables | 40 | €154,674 | €157,671 | +€2,996 | +1.9% |
| Other amounts receivable | 41 | €146,210 | €553,699 | +€407,489 | +278.7% |
| Current investments | 50/53 | €900,000 | €825,000 | -€75,000 | -8.3% |
| Cash at bank and in hand | 54/58 | €390,758 | €191,866 | -€198,892 | -50.9% |
| Deferred charges and accrued income | 490/1 | €59,230 | €40,485 | -€18,745 | -31.6% |
| Total equity and liabilities | 10/49 | €2,427,661 | €2,532,516 | +€104,855 | +4.3% |
| Equity | 10/15 | €2,311,044 | €2,465,206 | +€154,162 | +6.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €2,292,494 | €2,446,656 | +€154,162 | +6.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €22,225 | €22,225 | = | 0.0% |
| Distributable reserves | 133 | €2,270,269 | €2,424,431 | +€154,162 | +6.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €116,617 | €67,311 | -€49,307 | -42.3% |
| Amounts payable within one year | 42/48 | €115,710 | €66,559 | -€49,150 | -42.5% |
| Trade debts | 44 | €51,788 | €6,358 | -€45,430 | -87.7% |
| Suppliers | 440/4 | €51,788 | €6,358 | -€45,430 | -87.7% |
| Taxes, remuneration and social security | 45 | €63,922 | €60,201 | -€3,720 | -5.8% |
| Taxes | 450/3 | €57,349 | €51,084 | -€6,265 | -10.9% |
| Remuneration and social security | 454/9 | €6,573 | €9,117 | +€2,544 | +38.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €908 | €751 | -€157 | -17.2% |
| Remuneration, social security and pensions | 62 | €24,751 | €28,989 | +€4,238 | +17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,727 | €44,221 | +€5,494 | +14.2% |
| Other operating charges | 640/8 | €3,815 | €2,937 | -€879 | -23.0% |
| Gross operating margin | 9900 | €583,024 | €596,881 | +€13,858 | +2.4% |
| Operating profit (loss) | 9901 | €515,730 | €520,735 | +€5,004 | +1.0% |
| Financial income | 75/76B | €37,385 | €45,072 | +€7,687 | +20.6% |
| Recurring financial income | 75 | €37,385 | €45,072 | +€7,687 | +20.6% |
| Financial charges | 65/66B | €258 | €287 | +€29 | +11.4% |
| Recurring financial charges | 65 | €258 | €287 | +€29 | +11.4% |
| Profit (loss) for the period before taxes | 9903 | €552,858 | €565,520 | +€12,662 | +2.3% |
| Income taxes | 67/77 | €172,122 | €177,230 | +€5,108 | +3.0% |
| Profit (loss) for the period | 9904 | €380,736 | €388,290 | +€7,554 | +2.0% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €380,736 | €388,290 | +€7,554 | +2.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.