NUBIOS: 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.
NUBIOS
Largest movements
- Cash -€175,380
down €175,380 (-72.0%), from €243,681 to €68,301
mainly Investment in fixed assets (net) (-€86,784) and Contributions, distributions and other (-€50,000)
- Receivables within one year +€49,491
up €49,491 (+26.2%), from €189,056 to €238,547
of which Other amounts receivable: +€38,853
- Tangible fixed assets -€41,220
down €41,220 (-21.7%), from €190,266 to €149,046
of which Furniture and vehicles: -€43,823
- Intangible fixed assets +€34,618
up €34,618 (+6133.3%), from €564 to €35,182
- Reserves -€69,938
down €69,938 (-19.2%), from €364,890 to €294,952
- Other debts -€29,750
down €29,750 (-100.0%), from €29,750 to €0
- Trade debts -€21,368
down €21,368 (-100.0%), from €21,368 to €0
- Debts after one year -€12,114
down €12,114 (-20.2%), from €59,842 to €47,728
- Short-term financial debts -€10,157
down €10,157 (-100.0%), from €10,157 to €0
- Gross operating margin -€101,623
down €101,623 (-13.1%), from €774,039 to €672,416
- Write-downs -€35,618
no longer reported in 2025 (was €35,618)
- Staff costs -€31,650
down €31,650 (-5.1%), from €620,767 to €589,117
- Taxes -€10,632
down €10,632 (-83.6%), from €12,712 to €2,080
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 | €636,578 | €506,218 | -€130,360 | -20.5% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €191,962 | €185,360 | -€6,603 | -3.4% |
| Intangible fixed assets | 21 | €564 | €35,182 | +€34,618 | +6133.3% |
| Tangible fixed assets | 22/27 | €190,266 | €149,046 | -€41,220 | -21.7% |
| Plant, machinery and equipment | 23 | - | €2,741 | +€2,741 | |
| Furniture and vehicles | 24 | €189,027 | €145,205 | -€43,823 | -23.2% |
| Other tangible fixed assets | 26 | €1,238 | €1,099 | -€139 | -11.2% |
| Financial fixed assets | 28 | €1,132 | €1,132 | = | 0.0% |
| Current assets | 29/58 | €444,616 | €320,858 | -€123,757 | -27.8% |
| Amounts receivable within one year | 40/41 | €189,056 | €238,547 | +€49,491 | +26.2% |
| Trade receivables | 40 | €161,830 | €172,468 | +€10,639 | +6.6% |
| Other amounts receivable | 41 | €27,226 | €66,079 | +€38,853 | +142.7% |
| Current investments | 50/53 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €243,681 | €68,301 | -€175,380 | -72.0% |
| Deferred charges and accrued income | 490/1 | €11,879 | €14,010 | +€2,132 | +17.9% |
| Total equity and liabilities | 10/49 | €636,578 | €506,218 | -€130,360 | -20.5% |
| Equity | 10/15 | €385,350 | €315,412 | -€69,938 | -18.1% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €364,890 | €294,952 | -€69,938 | -19.2% |
| Distributable reserves | 133 | €364,890 | €294,952 | -€69,938 | -19.2% |
| Amounts payable | 17/49 | €251,228 | €190,806 | -€60,422 | -24.1% |
| Amounts payable after more than one year | 17 | €59,842 | €47,728 | -€12,114 | -20.2% |
| Financial debts | 170/4 | €59,842 | €47,728 | -€12,114 | -20.2% |
| Amounts payable within one year | 42/48 | €191,386 | €143,078 | -€48,308 | -25.2% |
| Current portion of amounts payable after more than one year | 42 | €39,904 | €44,771 | +€4,866 | +12.2% |
| Financial debts | 43 | €10,157 | €0 | -€10,157 | -100.0% |
| Credit institutions | 430/8 | €10,157 | €0 | -€10,157 | -100.0% |
| Trade debts | 44 | €21,368 | €0 | -€21,368 | -100.0% |
| Suppliers | 440/4 | €21,368 | €0 | -€21,368 | -100.0% |
| Taxes, remuneration and social security | 45 | €90,207 | €98,307 | +€8,101 | +9.0% |
| Taxes | 450/3 | €22,407 | €34,332 | +€11,926 | +53.2% |
| Remuneration and social security | 454/9 | €67,800 | €63,975 | -€3,825 | -5.6% |
| Other amounts payable | 47/48 | €29,750 | €0 | -€29,750 | -100.0% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €620,767 | €589,117 | -€31,650 | -5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,436 | €93,387 | +€951 | +1.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €35,618 | - | -€35,618 | |
| Other operating charges | 640/8 | €4,429 | €4,537 | +€109 | +2.5% |
| Gross operating margin | 9900 | €774,039 | €672,416 | -€101,623 | -13.1% |
| Operating profit (loss) | 9901 | €20,789 | -€14,625 | -€35,415 | |
| Financial income | 75/76B | €18 | €1,573 | +€1,556 | +8720.0% |
| Recurring financial income | 75 | €18 | €1,573 | +€1,556 | +8720.0% |
| Financial charges | 65/66B | €4,936 | €4,806 | -€130 | -2.6% |
| Recurring financial charges | 65 | €4,936 | €4,806 | -€130 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €15,871 | -€17,858 | -€33,729 | |
| Income taxes | 67/77 | €12,712 | €2,080 | -€10,632 | -83.6% |
| Profit (loss) for the period | 9904 | €3,159 | -€19,938 | -€23,097 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,159 | -€19,938 | -€23,097 |
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 10 October 2026 via checked.be.