Nobatrans: 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.
Nobatrans
Largest movements
- Tangible fixed assets -€124,325
down €124,325 (-15.9%), from €783,759 to €659,434
- Cash +€58,932
up €58,932 (+35.5%), from €166,186 to €225,118
mainly Depreciation (+€125,647) and Net result for the year (+€25,899)
- Debts after one year -€79,831
down €79,831 (-12.6%), from €633,930 to €554,099
of which Financial debts: -€79,831
- Reserves +€25,000
up €25,000 (+23.8%), from €104,860 to €129,860
- Gross operating margin +€9,747
up €9,747 (+5.5%), from €178,190 to €187,937
- Taxes +€6,295
up €6,295 (+82.0%), from €7,674 to €13,970
- Financial charges -€2,550
down €2,550 (-11.0%), from €23,092 to €20,543
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 | €955,315 | €902,321 | -€52,994 | -5.5% |
| Fixed assets | 21/28 | €783,759 | €666,920 | -€116,839 | -14.9% |
| Tangible fixed assets | 22/27 | €783,759 | €659,434 | -€124,325 | -15.9% |
| Furniture and vehicles | 24 | €783,759 | €659,434 | -€124,325 | -15.9% |
| Financial fixed assets | 28 | - | €7,486 | +€7,486 | |
| Current assets | 29/58 | €171,556 | €235,401 | +€63,845 | +37.2% |
| Amounts receivable within one year | 40/41 | €4,860 | €9,770 | +€4,910 | +101.0% |
| Trade receivables | 40 | €3,970 | €8,000 | +€4,030 | +101.5% |
| Other amounts receivable | 41 | €889 | €1,770 | +€881 | +99.1% |
| Cash at bank and in hand | 54/58 | €166,186 | €225,118 | +€58,932 | +35.5% |
| Deferred charges and accrued income | 490/1 | €510 | €512 | +€2 | +0.4% |
| Total equity and liabilities | 10/49 | €955,315 | €902,321 | -€52,994 | -5.5% |
| Equity | 10/15 | €209,214 | €235,113 | +€25,899 | +12.4% |
| Contributions | 10/11 | €148,500 | €148,500 | = | 0.0% |
| Reserves | 13 | €104,860 | €129,860 | +€25,000 | +23.8% |
| Distributable reserves | 133 | €104,860 | €129,860 | +€25,000 | +23.8% |
| Profit (loss) carried forward | 14 | -€44,146 | -€43,247 | +€899 | +2.0% |
| Amounts payable | 17/49 | €746,101 | €667,208 | -€78,893 | -10.6% |
| Amounts payable after more than one year | 17 | €633,930 | €554,099 | -€79,831 | -12.6% |
| Financial debts | 170/4 | €485,430 | €405,599 | -€79,831 | -16.4% |
| Trade debts | 175 | €148,500 | €148,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €109,777 | €105,128 | -€4,649 | -4.2% |
| Current portion of amounts payable after more than one year | 42 | €79,013 | €79,831 | +€818 | +1.0% |
| Trade debts | 44 | €4,580 | €1,916 | -€2,664 | -58.2% |
| Suppliers | 440/4 | €4,580 | €1,916 | -€2,664 | -58.2% |
| Taxes, remuneration and social security | 45 | €7,082 | €8,970 | +€1,888 | +26.7% |
| Taxes | 450/3 | €7,082 | €8,970 | +€1,888 | +26.7% |
| Other amounts payable | 47/48 | €19,102 | €14,411 | -€4,691 | -24.6% |
| Accrued charges and deferred income | 492/3 | €2,394 | €7,982 | +€5,587 | +233.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125,632 | €125,647 | +€15 | 0.0% |
| Other operating charges | 640/8 | €1,738 | €1,879 | +€141 | +8.1% |
| Gross operating margin | 9900 | €178,190 | €187,937 | +€9,747 | +5.5% |
| Operating profit (loss) | 9901 | €50,820 | €60,411 | +€9,591 | +18.9% |
| Financial charges | 65/66B | €23,092 | €20,543 | -€2,550 | -11.0% |
| Recurring financial charges | 65 | €23,092 | €20,543 | -€2,550 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €27,728 | €39,868 | +€12,140 | +43.8% |
| Income taxes | 67/77 | €7,674 | €13,970 | +€6,295 | +82.0% |
| Profit (loss) for the period | 9904 | €20,054 | €25,899 | +€5,845 | +29.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,054 | €25,899 | +€5,845 | +29.1% |
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 11 October 2026 via checked.be.