NR BOIS: 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.
NR BOIS
Largest movements
- Tangible fixed assets -€102,277
down €102,277 (-6.1%), from €1.7m to €1.6m
of which Land and buildings: -€96,547
- Cash -€70,502
down €70,502 (-45.0%), from €156,569 to €86,067
mainly Debts after one year (-€127,399) and Other debts (-€66,627)
- Debts after one year -€127,399
down €127,399 (-15.6%), from €816,382 to €688,983
- Profit (loss) carried forward +€68,569
up €68,569 (+54.5%), from -€125,853 to -€57,284
- Other debts -€66,627
down €66,627 (-85.7%), from €77,722 to €11,096
- Accrued charges and deferred income -€60,829
down €60,829 (-85.6%), from €71,080 to €10,251
- Current portion of long-term debt -€25,275
down €25,275 (-12.8%), from €198,233 to €172,958
- Taxes +€11,179
up €11,179 (+3,862%), from €289 to €11,468
- Gross operating margin -€8,587
down €8,587 (-3.5%), from €242,683 to €234,096
- Staff costs +€6,007
up €6,007 (+109%), from €5,526 to €11,533
- Financial charges -€2,758
down €2,758 (-15.3%), from €17,987 to €15,230
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 | €1,883,164 | €1,702,537 | -€180,627 | -9.6% |
| Fixed assets | 21/28 | €1,687,554 | €1,585,276 | -€102,277 | -6.1% |
| Tangible fixed assets | 22/27 | €1,679,417 | €1,577,140 | -€102,277 | -6.1% |
| Land and buildings | 22 | €1,617,863 | €1,521,316 | -€96,547 | -6.0% |
| Plant, machinery and equipment | 23 | €3,106 | €2,662 | -€444 | -14.3% |
| Furniture and vehicles | 24 | €31,228 | €28,356 | -€2,872 | -9.2% |
| Other tangible fixed assets | 26 | €27,220 | €24,805 | -€2,414 | -8.9% |
| Financial fixed assets | 28 | €8,136 | €8,136 | = | 0.0% |
| Current assets | 29/58 | €195,611 | €117,261 | -€78,350 | -40.1% |
| Amounts receivable within one year | 40/41 | €30,337 | €21,386 | -€8,952 | -29.5% |
| Trade receivables | 40 | €30,337 | €21,386 | -€8,952 | -29.5% |
| Cash at bank and in hand | 54/58 | €156,569 | €86,067 | -€70,502 | -45.0% |
| Deferred charges and accrued income | 490/1 | €8,704 | €9,808 | +€1,104 | +12.7% |
| Total equity and liabilities | 10/49 | €1,883,164 | €1,702,537 | -€180,627 | -9.6% |
| Equity | 10/15 | €663,539 | €732,109 | +€68,569 | +10.3% |
| Contributions | 10/11 | €268,600 | €268,600 | = | 0.0% |
| Reserves | 13 | €520,792 | €520,792 | = | 0.0% |
| Tax-exempt reserves | 132 | €520,681 | €520,681 | = | 0.0% |
| Distributable reserves | 133 | €112 | €112 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€125,853 | -€57,284 | +€68,569 | +54.5% |
| Amounts payable | 17/49 | €1,219,625 | €970,428 | -€249,197 | -20.4% |
| Amounts payable after more than one year | 17 | €816,382 | €688,983 | -€127,399 | -15.6% |
| Financial debts | 170/4 | €816,382 | €688,983 | -€127,399 | -15.6% |
| Amounts payable within one year | 42/48 | €332,163 | €271,194 | -€60,969 | -18.4% |
| Current portion of amounts payable after more than one year | 42 | €198,233 | €172,958 | -€25,275 | -12.8% |
| Trade debts | 44 | €52,577 | €62,965 | +€10,388 | +19.8% |
| Suppliers | 440/4 | €52,577 | €62,965 | +€10,388 | +19.8% |
| Advances received on contracts in progress | 46 | - | €6,324 | +€6,324 | |
| Taxes, remuneration and social security | 45 | €3,630 | €17,851 | +€14,221 | +392% |
| Taxes | 450/3 | €3,547 | €15,545 | +€11,997 | +338% |
| Remuneration and social security | 454/9 | €83 | €2,306 | +€2,223 | +2,689% |
| Other amounts payable | 47/48 | €77,722 | €11,096 | -€66,627 | -85.7% |
| Accrued charges and deferred income | 492/3 | €71,080 | €10,251 | -€60,829 | -85.6% |
| Remuneration, social security and pensions | 62 | €5,526 | €11,533 | +€6,007 | +109% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €110,245 | €112,540 | +€2,295 | +2.1% |
| Other operating charges | 640/8 | €14,848 | €14,299 | -€549 | -3.7% |
| Gross operating margin | 9900 | €242,683 | €234,096 | -€8,587 | -3.5% |
| Operating profit (loss) | 9901 | €112,065 | €95,724 | -€16,340 | -14.6% |
| Financial income | 75/76B | €340 | €491 | +€151 | +44.5% |
| Recurring financial income | 75 | €340 | €491 | +€151 | +44.5% |
| Financial charges | 65/66B | €17,987 | €15,230 | -€2,758 | -15.3% |
| Recurring financial charges | 65 | €17,987 | €15,230 | -€2,758 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | €94,417 | €80,986 | -€13,432 | -14.2% |
| Income taxes | 67/77 | €289 | €11,468 | +€11,179 | +3,862% |
| Profit (loss) for the period | 9904 | €94,128 | €69,517 | -€24,611 | -26.1% |
| Profit (loss) for the period to be appropriated | 9905 | €94,128 | €69,517 | -€24,611 | -26.1% |
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 29 October 2026 via checked.be.