NOBUS: 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.
NOBUS
Largest movements
- Receivables within one year -€146,789
down €146,789 (-38.4%), from €381,883 to €235,093
of which Trade receivables: -€169,012
- Cash +€79,830
up €79,830 (+10.5%), from €760,619 to €840,448
mainly Receivables within one year (+€146,789) and Depreciation (+€8,228)
- Trade debts -€55,118
down €55,118 (-60.5%), from €91,156 to €36,038
- Gross operating margin +€104,356
up €104,356 (+99.7%), from -€104,629 to -€272
- Financial income +€26,088
up €26,088 (+158%), from €16,508 to €42,596
- Financial charges +€16,144
up €16,144 (+82.9%), from €19,473 to €35,617
- Other operating charges -€1,541
down €1,541 (-97.7%), from €1,578 to €37
- Depreciation -€1,151
down €1,151 (-12.3%), from €9,379 to €8,228
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 | €1,158,524 | €1,083,336 | -€75,188 | -6.5% |
| Fixed assets | 21/28 | €16,022 | €7,794 | -€8,228 | -51.4% |
| Tangible fixed assets | 22/27 | €16,022 | €7,794 | -€8,228 | -51.4% |
| Land and buildings | 22 | €14,346 | €7,014 | -€7,333 | -51.1% |
| Plant, machinery and equipment | 23 | €1,449 | €780 | -€669 | -46.2% |
| Furniture and vehicles | 24 | €227 | €0 | -€227 | -100% |
| Current assets | 29/58 | €1,142,502 | €1,075,542 | -€66,960 | -5.9% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €381,883 | €235,093 | -€146,789 | -38.4% |
| Trade receivables | 40 | €191,434 | €22,422 | -€169,012 | -88.3% |
| Other amounts receivable | 41 | €190,449 | €212,671 | +€22,222 | +11.7% |
| Cash at bank and in hand | 54/58 | €760,619 | €840,448 | +€79,830 | +10.5% |
| Total equity and liabilities | 10/49 | €1,158,524 | €1,083,336 | -€75,188 | -6.5% |
| Equity | 10/15 | €1,032,438 | €1,030,880 | -€1,558 | -0.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,026,238 | €1,024,680 | -€1,558 | -0.2% |
| Tax-exempt reserves | 132 | €71,950 | €71,950 | = | 0.0% |
| Distributable reserves | 133 | €954,288 | €952,730 | -€1,558 | -0.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €126,086 | €52,456 | -€73,630 | -58.4% |
| Amounts payable after more than one year | 17 | €16,381 | €8,326 | -€8,054 | -49.2% |
| Financial debts | 170/4 | €16,381 | €8,326 | -€8,054 | -49.2% |
| Amounts payable within one year | 42/48 | €99,234 | €44,129 | -€55,104 | -55.5% |
| Current portion of amounts payable after more than one year | 42 | €7,791 | €8,054 | +€263 | +3.4% |
| Trade debts | 44 | €91,156 | €36,038 | -€55,118 | -60.5% |
| Suppliers | 440/4 | €91,156 | €36,038 | -€55,118 | -60.5% |
| Taxes, remuneration and social security | 45 | €286 | €37 | -€250 | -87.2% |
| Taxes | 450/3 | €286 | €37 | -€250 | -87.2% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €10,471 | €0 | -€10,471 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,379 | €8,228 | -€1,151 | -12.3% |
| Other operating charges | 640/8 | €1,578 | €37 | -€1,541 | -97.7% |
| Gross operating margin | 9900 | -€104,629 | -€272 | +€104,356 | +99.7% |
| Operating profit (loss) | 9901 | -€115,585 | -€8,537 | +€107,048 | +92.6% |
| Financial income | 75/76B | €16,508 | €42,596 | +€26,088 | +158% |
| Recurring financial income | 75 | €16,508 | €42,596 | +€26,088 | +158% |
| Financial charges | 65/66B | €19,473 | €35,617 | +€16,144 | +82.9% |
| Recurring financial charges | 65 | €19,473 | €35,617 | +€16,144 | +82.9% |
| Profit (loss) for the period before taxes | 9903 | -€118,550 | -€1,558 | +€116,993 | +98.7% |
| Income taxes | 67/77 | €919 | €0 | -€919 | -100% |
| Profit (loss) for the period | 9904 | -€119,469 | -€1,558 | +€117,911 | +98.7% |
| Transfer from tax-exempt reserves | 789 | €18,933 | €0 | -€18,933 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | -€100,536 | -€1,558 | +€98,978 | +98.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.