NOBRA: 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.
NOBRA
Largest movements
- Receivables within one year -€16,733
down €16,733 (-31.3%), from €53,442 to €36,710
of which Other amounts receivable: -€16,291
- Tangible fixed assets -€11,717
down €11,717 (-33.5%), from €34,957 to €23,240
of which Plant, machinery and equipment: -€8,074
- Cash -€7,543
down €7,543 (-28.9%), from €26,133 to €18,591
mainly Debts after one year (-€24,385) and Tax, wage and social debts (-€20,608)
- Debts after one year -€24,385
down €24,385 (-46.2%), from €52,758 to €28,373
- Tax, wage and social debts -€20,608
down €20,608 (-82.4%), from €25,008 to €4,399
of which Remuneration and social security: -€15,060
- Profit (loss) carried forward +€18,355
up €18,355 (+31.6%), from -€58,031 to -€39,676
- Trade debts -€15,684
down €15,684 (-52.3%), from €29,978 to €14,294
- Other debts +€3,506
up €3,506 (+10.4%), from €33,828 to €37,334
- Staff costs +€29,718
up €29,718 (+10.3%), from €288,135 to €317,853
- Depreciation -€22,359
down €22,359 (-52.1%), from €42,898 to €20,538
- Gross operating margin +€22,027
up €22,027 (+6.3%), from €348,420 to €370,447
- Other operating charges +€6,413
up €6,413 (+174%), from €3,679 to €10,092
- Taxes -€4,419
down €4,419 (-97.6%), from €4,529 to €109
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 | €122,945 | €86,155 | -€36,791 | -29.9% |
| Fixed assets | 21/28 | €36,375 | €23,927 | -€12,448 | -34.2% |
| Intangible fixed assets | 21 | €1,418 | €686 | -€732 | -51.6% |
| Tangible fixed assets | 22/27 | €34,957 | €23,240 | -€11,717 | -33.5% |
| Land and buildings | 22 | €1,104 | €866 | -€239 | -21.6% |
| Plant, machinery and equipment | 23 | €23,662 | €15,589 | -€8,074 | -34.1% |
| Furniture and vehicles | 24 | €1,542 | €4,036 | +€2,495 | +162% |
| Other tangible fixed assets | 26 | €8,649 | €2,750 | -€5,899 | -68.2% |
| Current assets | 29/58 | €86,570 | €62,228 | -€24,342 | -28.1% |
| Amounts receivable within one year | 40/41 | €53,442 | €36,710 | -€16,733 | -31.3% |
| Trade receivables | 40 | €1,032 | €591 | -€441 | -42.8% |
| Other amounts receivable | 41 | €52,410 | €36,119 | -€16,291 | -31.1% |
| Cash at bank and in hand | 54/58 | €26,133 | €18,591 | -€7,543 | -28.9% |
| Deferred charges and accrued income | 490/1 | €6,994 | €6,928 | -€67 | -1.0% |
| Total equity and liabilities | 10/49 | €122,945 | €86,155 | -€36,791 | -29.9% |
| Equity | 10/15 | -€49,971 | -€31,616 | +€18,355 | +36.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,031 | -€39,676 | +€18,355 | +31.6% |
| Amounts payable | 17/49 | €172,916 | €117,771 | -€55,145 | -31.9% |
| Amounts payable after more than one year | 17 | €52,758 | €28,373 | -€24,385 | -46.2% |
| Financial debts | 170/4 | €52,758 | €28,373 | -€24,385 | -46.2% |
| Amounts payable within one year | 42/48 | €118,699 | €88,861 | -€29,838 | -25.1% |
| Current portion of amounts payable after more than one year | 42 | €21,270 | €24,385 | +€3,115 | +14.6% |
| Financial debts | 43 | €8,451 | €8,449 | -€2 | 0.0% |
| Credit institutions | 430/8 | €8,451 | €8,449 | -€2 | 0.0% |
| Trade debts | 44 | €29,978 | €14,294 | -€15,684 | -52.3% |
| Suppliers | 440/4 | €29,978 | €14,294 | -€15,684 | -52.3% |
| Advances received on contracts in progress | 46 | €164 | €0 | -€164 | -100% |
| Taxes, remuneration and social security | 45 | €25,008 | €4,399 | -€20,608 | -82.4% |
| Taxes | 450/3 | €9,947 | €4,399 | -€5,548 | -55.8% |
| Remuneration and social security | 454/9 | €15,060 | €0 | -€15,060 | -100% |
| Other amounts payable | 47/48 | €33,828 | €37,334 | +€3,506 | +10.4% |
| Accrued charges and deferred income | 492/3 | €1,459 | €536 | -€922 | -63.2% |
| Remuneration, social security and pensions | 62 | €288,135 | €317,853 | +€29,718 | +10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,898 | €20,538 | -€22,359 | -52.1% |
| Other operating charges | 640/8 | €3,679 | €10,092 | +€6,413 | +174% |
| Non-recurring operating charges | 66A | - | €1,032 | +€1,032 | |
| Gross operating margin | 9900 | €348,420 | €370,447 | +€22,027 | +6.3% |
| Operating profit (loss) | 9901 | €13,709 | €20,931 | +€7,222 | +52.7% |
| Financial income | 75/76B | €16 | €131 | +€115 | +742% |
| Recurring financial income | 75 | €16 | €131 | +€115 | +742% |
| Financial charges | 65/66B | €3,428 | €2,598 | -€830 | -24.2% |
| Recurring financial charges | 65 | €3,428 | €2,598 | -€830 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | €10,296 | €18,464 | +€8,168 | +79.3% |
| Income taxes | 67/77 | €4,529 | €109 | -€4,419 | -97.6% |
| Profit (loss) for the period | 9904 | €5,768 | €18,355 | +€12,587 | +218% |
| Profit (loss) for the period to be appropriated | 9905 | €5,768 | €18,355 | +€12,587 | +218% |
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 18 October 2026 via checked.be.