NUBIS NETWORKS: 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.
NUBIS NETWORKS
Largest movements
- Current investments +€80,559
up €80,559 (+16.9%), from €475,787 to €556,346
- Financial fixed assets +€17,813
new in 2025: €17,813
- Receivables within one year +€9,203
up €9,203 (+33.0%), from €27,885 to €37,088
- Reserves +€75,871
up €75,871 (+14.8%), from €511,399 to €587,270
of which Distributable reserves: +€75,871
- Other debts +€21,265
up €21,265 (+31.2%), from €68,259 to €89,524
- Tax, wage and social debts +€13,013
up €13,013 (+90.2%), from €14,431 to €27,444
- Financial income +€56,313
up €56,313 (+445%), from €12,665 to €68,978
- Gross operating margin +€17,865
up €17,865 (+14.1%), from €126,654 to €144,519
- Taxes +€12,522
up €12,522 (+31.4%), from €39,854 to €52,377
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 | €595,424 | €705,886 | +€110,463 | +18.6% |
| Fixed assets | 21/28 | €9,802 | €25,357 | +€15,555 | +159% |
| Tangible fixed assets | 22/27 | €9,802 | €7,545 | -€2,258 | -23.0% |
| Plant, machinery and equipment | 23 | €636 | €375 | -€262 | -41.1% |
| Furniture and vehicles | 24 | €3,478 | €2,127 | -€1,351 | -38.9% |
| Other tangible fixed assets | 26 | €5,688 | €5,043 | -€644 | -11.3% |
| Financial fixed assets | 28 | - | €17,813 | +€17,813 | |
| Current assets | 29/58 | €585,621 | €680,529 | +€94,908 | +16.2% |
| Amounts receivable within one year | 40/41 | €27,885 | €37,088 | +€9,203 | +33.0% |
| Trade receivables | 40 | €27,885 | €37,088 | +€9,203 | +33.0% |
| Current investments | 50/53 | €475,787 | €556,346 | +€80,559 | +16.9% |
| Cash at bank and in hand | 54/58 | €76,993 | €79,575 | +€2,582 | +3.4% |
| Deferred charges and accrued income | 490/1 | €4,957 | €7,521 | +€2,564 | +51.7% |
| Total equity and liabilities | 10/49 | €595,424 | €705,886 | +€110,463 | +18.6% |
| Equity | 10/15 | €511,799 | €587,670 | +€75,871 | +14.8% |
| Contributions | 10/11 | €400 | €400 | = | 0.0% |
| Reserves | 13 | €511,399 | €587,270 | +€75,871 | +14.8% |
| Tax-exempt reserves | 132 | €7,580 | €7,580 | = | 0.0% |
| Distributable reserves | 133 | €503,820 | €579,690 | +€75,871 | +15.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €83,625 | €118,217 | +€34,592 | +41.4% |
| Amounts payable within one year | 42/48 | €83,625 | €118,217 | +€34,592 | +41.4% |
| Trade debts | 44 | €935 | €1,249 | +€314 | +33.6% |
| Suppliers | 440/4 | €935 | €1,249 | +€314 | +33.6% |
| Taxes, remuneration and social security | 45 | €14,431 | €27,444 | +€13,013 | +90.2% |
| Taxes | 450/3 | €14,431 | €27,444 | +€13,013 | +90.2% |
| Other amounts payable | 47/48 | €68,259 | €89,524 | +€21,265 | +31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,922 | €2,258 | -€665 | -22.7% |
| Other operating charges | 640/8 | €367 | €528 | +€161 | +44.0% |
| Gross operating margin | 9900 | €126,654 | €144,519 | +€17,865 | +14.1% |
| Operating profit (loss) | 9901 | €123,365 | €141,733 | +€18,368 | +14.9% |
| Financial income | 75/76B | €12,665 | €68,978 | +€56,313 | +445% |
| Recurring financial income | 75 | €12,665 | €68,978 | +€56,313 | +445% |
| Financial charges | 65/66B | €500 | €1,610 | +€1,110 | +222% |
| Recurring financial charges | 65 | €500 | €1,610 | +€1,110 | +222% |
| Profit (loss) for the period before taxes | 9903 | €135,530 | €209,101 | +€73,571 | +54.3% |
| Income taxes | 67/77 | €39,854 | €52,377 | +€12,522 | +31.4% |
| Profit (loss) for the period | 9904 | €95,675 | €156,725 | +€61,049 | +63.8% |
| Profit (loss) for the period to be appropriated | 9905 | €95,675 | €156,725 | +€61,049 | +63.8% |
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 30 October 2026 via checked.be.