No Babes: 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.
No Babes
Largest movements
- Cash +€14,709
up €14,709 (+32.7%), from €45,048 to €59,757
mainly Receivables within one year (+€13,941) and Trade debts (+€10,764)
- Receivables within one year -€13,941
down €13,941 (-45.3%), from €30,783 to €16,841
of which Trade receivables: -€15,897
- Deferred charges and accrued income -€1,472
down €1,472 (-94.0%), from €1,565 to €93
- Trade debts +€10,764
up €10,764 (+84.4%), from €12,760 to €23,524
- Profit (loss) carried forward -€7,374
down €7,374 (-40.8%), from €18,090 to €10,715
- Tax, wage and social debts -€3,240
down €3,240 (-19.7%), from €16,473 to €13,233
of which Remuneration and social security: -€1,676
- Other debts -€1,617
down €1,617 (-5.3%), from €30,260 to €28,643
- Gross operating margin -€30,964
down €30,964 (-70.6%), from €43,835 to €12,871
- Taxes -€8,456
down €8,456, from €7,272 to -€1,183
- Staff costs +€3,117
up €3,117 (+18.4%), from €16,951 to €20,069
- Depreciation +€662
up €662 (+660.4%), from €100 to €763
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 | €79,583 | €78,116 | -€1,467 | -1.8% |
| Fixed assets | 21/28 | €2,187 | €1,425 | -€763 | -34.9% |
| Tangible fixed assets | 22/27 | €2,187 | €1,425 | -€763 | -34.9% |
| Plant, machinery and equipment | 23 | €2,187 | €1,425 | -€763 | -34.9% |
| Current assets | 29/58 | €77,396 | €76,691 | -€705 | -0.9% |
| Amounts receivable within one year | 40/41 | €30,783 | €16,841 | -€13,941 | -45.3% |
| Trade receivables | 40 | €30,549 | €14,652 | -€15,897 | -52.0% |
| Other amounts receivable | 41 | €233 | €2,189 | +€1,956 | +839.2% |
| Cash at bank and in hand | 54/58 | €45,048 | €59,757 | +€14,709 | +32.7% |
| Deferred charges and accrued income | 490/1 | €1,565 | €93 | -€1,472 | -94.0% |
| Total equity and liabilities | 10/49 | €79,583 | €78,116 | -€1,467 | -1.8% |
| Equity | 10/15 | €20,090 | €12,715 | -€7,374 | -36.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,090 | €10,715 | -€7,374 | -40.8% |
| Amounts payable | 17/49 | €59,493 | €65,401 | +€5,907 | +9.9% |
| Amounts payable within one year | 42/48 | €59,493 | €65,401 | +€5,907 | +9.9% |
| Trade debts | 44 | €12,760 | €23,524 | +€10,764 | +84.4% |
| Suppliers | 440/4 | €12,760 | €23,524 | +€10,764 | +84.4% |
| Taxes, remuneration and social security | 45 | €16,473 | €13,233 | -€3,240 | -19.7% |
| Taxes | 450/3 | €12,157 | €10,593 | -€1,564 | -12.9% |
| Remuneration and social security | 454/9 | €4,316 | €2,640 | -€1,676 | -38.8% |
| Other amounts payable | 47/48 | €30,260 | €28,643 | -€1,617 | -5.3% |
| Remuneration, social security and pensions | 62 | €16,951 | €20,069 | +€3,117 | +18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100 | €763 | +€662 | +660.4% |
| Other operating charges | 640/8 | €422 | €400 | -€23 | -5.4% |
| Gross operating margin | 9900 | €43,835 | €12,871 | -€30,964 | -70.6% |
| Operating profit (loss) | 9901 | €26,361 | -€8,359 | -€34,720 | |
| Financial income | 75/76B | €93 | €35 | -€58 | -62.7% |
| Recurring financial income | 75 | €93 | €35 | -€58 | -62.7% |
| Financial charges | 65/66B | €233 | €233 | +€0 | 0.0% |
| Recurring financial charges | 65 | €233 | €233 | +€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €26,221 | -€8,558 | -€34,779 | |
| Income taxes | 67/77 | €7,272 | -€1,183 | -€8,456 | |
| Profit (loss) for the period | 9904 | €18,949 | -€7,374 | -€26,323 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,949 | -€7,374 | -€26,323 |
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 12 October 2026 via checked.be.