Nubibus: 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.
Nubibus
Largest movements
- Cash -€81,765
down €81,765 (-41.3%), from €197,831 to €116,066
mainly Other debts (-€75,012) and Contributions, distributions and other (-€75,000)
- Receivables within one year +€11,748
up €11,748 (+1,749%), from €672 to €12,419
of which Trade receivables: +€11,472
- Deferred charges and accrued income -€2,905
down €2,905 (-80.6%), from €3,602 to €697
- Other debts -€75,012
down €75,012 (-47.6%), from €157,450 to €82,438
- Gross operating margin +€3,030
up €3,030 (+3.2%), from €93,719 to €96,749
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 | €232,633 | €159,492 | -€73,140 | -31.4% |
| Fixed assets | 21/28 | €30,528 | €30,310 | -€218 | -0.7% |
| Tangible fixed assets | 22/27 | €328 | €110 | -€218 | -66.5% |
| Furniture and vehicles | 24 | €328 | €110 | -€218 | -66.5% |
| Financial fixed assets | 28 | €30,200 | €30,200 | = | 0.0% |
| Current assets | 29/58 | €202,105 | €129,182 | -€72,922 | -36.1% |
| Amounts receivable within one year | 40/41 | €672 | €12,419 | +€11,748 | +1,749% |
| Trade receivables | 40 | - | €11,472 | +€11,472 | |
| Other amounts receivable | 41 | €672 | €948 | +€276 | +41.1% |
| Cash at bank and in hand | 54/58 | €197,831 | €116,066 | -€81,765 | -41.3% |
| Deferred charges and accrued income | 490/1 | €3,602 | €697 | -€2,905 | -80.6% |
| Total equity and liabilities | 10/49 | €232,633 | €159,492 | -€73,140 | -31.4% |
| Equity | 10/15 | €67,118 | €67,697 | +€579 | +0.9% |
| Contributions | 10/11 | €16,000 | €16,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,118 | €51,697 | +€579 | +1.1% |
| Amounts payable | 17/49 | €165,514 | €91,795 | -€73,719 | -44.5% |
| Amounts payable within one year | 42/48 | €165,449 | €91,728 | -€73,720 | -44.6% |
| Trade debts | 44 | €420 | €1,192 | +€771 | +184% |
| Suppliers | 440/4 | €420 | €1,192 | +€771 | +184% |
| Taxes, remuneration and social security | 45 | €7,578 | €8,099 | +€521 | +6.9% |
| Taxes | 450/3 | €7,578 | €8,099 | +€521 | +6.9% |
| Other amounts payable | 47/48 | €157,450 | €82,438 | -€75,012 | -47.6% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €218 | €218 | = | 0.0% |
| Other operating charges | 640/8 | €788 | €400 | -€388 | -49.2% |
| Gross operating margin | 9900 | €93,719 | €96,749 | +€3,030 | +3.2% |
| Operating profit (loss) | 9901 | €92,713 | €96,131 | +€3,418 | +3.7% |
| Financial charges | 65/66B | €1,712 | €1,505 | -€207 | -12.1% |
| Recurring financial charges | 65 | €1,712 | €1,505 | -€207 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | €91,002 | €94,626 | +€3,624 | +4.0% |
| Income taxes | 67/77 | €18,328 | €19,048 | +€719 | +3.9% |
| Profit (loss) for the period | 9904 | €72,673 | €75,579 | +€2,905 | +4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €72,673 | €75,579 | +€2,905 | +4.0% |
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 27 October 2026 via checked.be.