NUMIBAL BELGIUM: 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.
NUMIBAL BELGIUM
Largest movements
- Receivables within one year +€256,370
up €256,370 (+467%), from €54,880 to €311,250
of which Trade receivables: +€251,644
- Financial fixed assets +€83,000
up €83,000 (+188%), from €44,100 to €127,100
- Cash +€68,228
up €68,228 (+2,497%), from €2,733 to €70,960
mainly Trade debts (+€356,251) and Net result for the year (+€35,966)
- Trade debts +€356,251
up €356,251 (+719%), from €49,575 to €405,825
- Profit (loss) carried forward +€35,966
up €35,966 (+301%), from €11,934 to €47,900
- Tax, wage and social debts +€18,819
up €18,819 (+188%), from €9,999 to €28,818
of which Taxes: +€10,137
- Gross operating margin +€53,429
up €53,429 (+1,292%), from €4,135 to €57,563
- Taxes -€2,327
down €2,327 (-11.9%), from €19,558 to €17,231
- Depreciation +€1,128
new in 2025: €1,128
- Financial income +€637
new in 2025: €637
- Financial charges +€597
up €597 (+36.2%), from €1,648 to €2,245
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 | €101,713 | €513,526 | +€411,813 | +405% |
| Fixed assets | 21/28 | €44,100 | €130,991 | +€86,891 | +197% |
| Tangible fixed assets | 22/27 | - | €3,891 | +€3,891 | |
| Furniture and vehicles | 24 | - | €3,891 | +€3,891 | |
| Financial fixed assets | 28 | €44,100 | €127,100 | +€83,000 | +188% |
| Current assets | 29/58 | €57,613 | €382,534 | +€324,922 | +564% |
| Amounts receivable within one year | 40/41 | €54,880 | €311,250 | +€256,370 | +467% |
| Trade receivables | 40 | €28,159 | €279,803 | +€251,644 | +894% |
| Other amounts receivable | 41 | €26,721 | €31,446 | +€4,725 | +17.7% |
| Cash at bank and in hand | 54/58 | €2,733 | €70,960 | +€68,228 | +2,497% |
| Deferred charges and accrued income | 490/1 | - | €325 | +€325 | |
| Total equity and liabilities | 10/49 | €101,713 | €513,526 | +€411,813 | +405% |
| Equity | 10/15 | €31,749 | €67,715 | +€35,966 | +113% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,216 | €1,216 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,216 | €1,216 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,216 | €1,216 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,934 | €47,900 | +€35,966 | +301% |
| Amounts payable | 17/49 | €69,963 | €445,810 | +€375,847 | +537% |
| Amounts payable within one year | 42/48 | €69,963 | €445,810 | +€375,847 | +537% |
| Current portion of amounts payable after more than one year | 42 | €3,000 | €0 | -€3,000 | -100% |
| Financial debts | 43 | €1,204 | €0 | -€1,204 | -100% |
| Credit institutions | 430/8 | €1,204 | €0 | -€1,204 | -100% |
| Trade debts | 44 | €49,575 | €405,825 | +€356,251 | +719% |
| Suppliers | 440/4 | €49,575 | €405,825 | +€356,251 | +719% |
| Taxes, remuneration and social security | 45 | €9,999 | €28,818 | +€18,819 | +188% |
| Taxes | 450/3 | €9,999 | €20,136 | +€10,137 | +101% |
| Remuneration and social security | 454/9 | - | €8,683 | +€8,683 | |
| Other amounts payable | 47/48 | €6,185 | €11,167 | +€4,981 | +80.5% |
| Non-recurring operating income | 76A | €0 | €750 | +€750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,128 | +€1,128 | |
| Other operating charges | 640/8 | €955 | €1,147 | +€192 | +20.1% |
| Non-recurring operating charges | 66A | €74,523 | €484 | -€74,039 | -99.4% |
| Gross operating margin | 9900 | €4,135 | €57,563 | +€53,429 | +1,292% |
| Operating profit (loss) | 9901 | -€71,344 | €54,805 | +€126,148 | |
| Financial income | 75/76B | - | €637 | +€637 | |
| Recurring financial income | 75 | - | €637 | +€637 | |
| Financial charges | 65/66B | €1,648 | €2,245 | +€597 | +36.2% |
| Recurring financial charges | 65 | €1,648 | €2,245 | +€597 | +36.2% |
| Profit (loss) for the period before taxes | 9903 | -€72,992 | €53,197 | +€126,189 | |
| Income taxes | 67/77 | €19,558 | €17,231 | -€2,327 | -11.9% |
| Profit (loss) for the period | 9904 | -€92,550 | €35,966 | +€128,516 | |
| Profit (loss) for the period to be appropriated | 9905 | -€92,550 | €35,966 | +€128,516 |
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.