NNB 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.
NNB BUILDING
Largest movements
- Stocks and contracts -€29,867
no longer reported in 2025 (was €29,867)
- Cash -€19,643
down €19,643 (-27.4%), from €71,730 to €52,088
mainly Advances received (-€151,500) and Net result for the year (-€1,148)
- Receivables within one year -€18,249
down €18,249 (-27.1%), from €67,399 to €49,151
of which Trade receivables: -€12,379
- Tangible fixed assets -€4,813
down €4,813 (-23.9%), from €20,142 to €15,329
of which Plant, machinery and equipment: -€4,260
- Advances received -€151,500
no longer reported in 2025 (was €151,500)
- Accrued charges and deferred income +€50,150
new in 2025: €50,150
- Trade debts +€25,234
up €25,234 (+125%), from €20,108 to €45,342
- Other debts +€2,808
new in 2025: €2,808
- Gross operating margin -€1,762
down €1,762 (-11.0%), from €16,082 to €14,320
- Depreciation +€1,658
up €1,658 (+58.8%), from €2,820 to €4,477
- Financial charges +€1,355
up €1,355 (+61.1%), from €2,220 to €3,575
of which Financial charges: +€855
- Taxes +€911
up €911 (+20.8%), from €4,387 to €5,298
- Other operating charges -€339
down €339 (-13.0%), from €2,603 to €2,264
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 | €189,139 | €116,567 | -€72,571 | -38.4% |
| Fixed assets | 21/28 | €20,142 | €15,329 | -€4,813 | -23.9% |
| Tangible fixed assets | 22/27 | €20,142 | €15,329 | -€4,813 | -23.9% |
| Plant, machinery and equipment | 23 | €19,064 | €14,804 | -€4,260 | -22.3% |
| Furniture and vehicles | 24 | €1,078 | €525 | -€553 | -51.3% |
| Current assets | 29/58 | €168,996 | €101,238 | -€67,758 | -40.1% |
| Stocks and contracts in progress | 3 | €29,867 | - | -€29,867 | |
| Contracts in progress | 37 | €29,867 | - | -€29,867 | |
| Amounts receivable within one year | 40/41 | €67,399 | €49,151 | -€18,249 | -27.1% |
| Trade receivables | 40 | €60,689 | €48,310 | -€12,379 | -20.4% |
| Other amounts receivable | 41 | €6,711 | €841 | -€5,870 | -87.5% |
| Cash at bank and in hand | 54/58 | €71,730 | €52,088 | -€19,643 | -27.4% |
| Total equity and liabilities | 10/49 | €189,139 | €116,567 | -€72,571 | -38.4% |
| Equity | 10/15 | €14,117 | €12,969 | -€1,148 | -8.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,717 | €569 | -€1,148 | -66.8% |
| Distributable reserves | 133 | €1,717 | €569 | -€1,148 | -66.8% |
| Amounts payable | 17/49 | €175,022 | €103,598 | -€71,424 | -40.8% |
| Amounts payable within one year | 42/48 | €175,022 | €53,448 | -€121,574 | -69.5% |
| Trade debts | 44 | €20,108 | €45,342 | +€25,234 | +125% |
| Suppliers | 440/4 | €20,108 | €45,342 | +€25,234 | +125% |
| Advances received on contracts in progress | 46 | €151,500 | - | -€151,500 | |
| Taxes, remuneration and social security | 45 | €3,414 | €5,298 | +€1,884 | +55.2% |
| Taxes | 450/3 | €3,414 | €5,298 | +€1,884 | +55.2% |
| Other amounts payable | 47/48 | - | €2,808 | +€2,808 | |
| Accrued charges and deferred income | 492/3 | - | €50,150 | +€50,150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,820 | €4,477 | +€1,658 | +58.8% |
| Other operating charges | 640/8 | €2,603 | €2,264 | -€339 | -13.0% |
| Gross operating margin | 9900 | €16,082 | €14,320 | -€1,762 | -11.0% |
| Operating profit (loss) | 9901 | €10,659 | €7,579 | -€3,080 | -28.9% |
| Financial income | 75/76B | €102 | €146 | +€45 | +44.0% |
| Recurring financial income | 75 | €102 | €146 | +€45 | +44.0% |
| Financial charges | 65/66B | €2,220 | €3,575 | +€1,355 | +61.1% |
| Recurring financial charges | 65 | €2,220 | €3,075 | +€855 | +38.5% |
| Non-recurring financial charges | 66B | - | €500 | +€500 | |
| Profit (loss) for the period before taxes | 9903 | €8,541 | €4,150 | -€4,391 | -51.4% |
| Income taxes | 67/77 | €4,387 | €5,298 | +€911 | +20.8% |
| Profit (loss) for the period | 9904 | €4,154 | -€1,148 | -€5,302 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,154 | -€1,148 | -€5,302 |
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 15 October 2026 via checked.be.