NUMIBEL: what changed
Two fiscal 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.
NUMIBEL
Largest movements
- Receivables within one year +€82,325
up €82,325 (+34.5%), from €238,721 to €321,046
of which Trade receivables: +€53,825
- Intangible fixed assets -€33,488
no longer reported in 2025 (was €33,488)
- Tangible fixed assets -€28,732
down €28,732 (-5.5%), from €526,572 to €497,839
of which Land and buildings: -€25,391
- Current portion of long-term debt -€56,985
down €56,985 (-69.4%), from €82,162 to €25,177
- Trade debts +€54,185
up €54,185 (+20.7%), from €261,841 to €316,026
- Debts after one year -€25,177
down €25,177 (-19.7%), from €127,959 to €102,782
- Provisions +€20,788
up €20,788 (+74.3%), from €27,971 to €48,759
of which Provisions for liabilities and charges: +€22,600
- Reserves +€19,314
up €19,314 (+4.0%), from €481,872 to €501,186
of which Distributable reserves: +€24,750
- Gross operating margin -€83,109
down €83,109 (-16.3%), from €508,432 to €425,323
- Depreciation -€42,253
down €42,253 (-34.4%), from €122,929 to €80,676
- Provisions +€22,600
new in 2025: €22,600
- Taxes -€19,765
down €19,765 (-66.0%), from €29,932 to €10,167
- Staff costs -€10,922
down €10,922 (-4.3%), from €252,805 to €241,883
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 | €1,217,400 | €1,230,385 | +€12,985 | +1.1% |
| Fixed assets | 21/28 | €860,631 | €798,411 | -€62,220 | -7.2% |
| Intangible fixed assets | 21 | €33,488 | - | -€33,488 | |
| Tangible fixed assets | 22/27 | €526,572 | €497,839 | -€28,732 | -5.5% |
| Land and buildings | 22 | €436,435 | €411,044 | -€25,391 | -5.8% |
| Plant, machinery and equipment | 23 | €74,823 | €64,658 | -€10,166 | -13.6% |
| Furniture and vehicles | 24 | €15,313 | €22,137 | +€6,824 | +44.6% |
| Financial fixed assets | 28 | €300,572 | €300,572 | = | 0.0% |
| Current assets | 29/58 | €356,768 | €431,974 | +€75,206 | +21.1% |
| Amounts receivable within one year | 40/41 | €238,721 | €321,046 | +€82,325 | +34.5% |
| Trade receivables | 40 | €227,221 | €281,046 | +€53,825 | +23.7% |
| Other amounts receivable | 41 | €11,500 | €40,000 | +€28,500 | +247.8% |
| Cash at bank and in hand | 54/58 | €92,768 | €87,036 | -€5,732 | -6.2% |
| Deferred charges and accrued income | 490/1 | €25,279 | €23,891 | -€1,387 | -5.5% |
| Total equity and liabilities | 10/49 | €1,217,400 | €1,230,385 | +€12,985 | +1.1% |
| Equity | 10/15 | €565,989 | €586,241 | +€20,253 | +3.6% |
| Contributions | 10/11 | €77,500 | €77,500 | = | 0.0% |
| Reserves | 13 | €481,872 | €501,186 | +€19,314 | +4.0% |
| Non-distributable reserves | 130/1 | €7,750 | €7,750 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,750 | €7,750 | = | 0.0% |
| Tax-exempt reserves | 132 | €84,122 | €78,686 | -€5,436 | -6.5% |
| Distributable reserves | 133 | €390,000 | €414,750 | +€24,750 | +6.3% |
| Profit (loss) carried forward | 14 | €6,617 | €7,555 | +€939 | +14.2% |
| Provisions and deferred taxes | 16 | €27,971 | €48,759 | +€20,788 | +74.3% |
| Provisions for liabilities and charges | 160/5 | - | €22,600 | +€22,600 | |
| Environmental obligations | 163 | - | €22,600 | +€22,600 | |
| Deferred taxes | 168 | €27,971 | €26,159 | -€1,812 | -6.5% |
| Amounts payable | 17/49 | €623,440 | €595,385 | -€28,055 | -4.5% |
| Amounts payable after more than one year | 17 | €127,959 | €102,782 | -€25,177 | -19.7% |
| Financial debts | 170/4 | €127,959 | €102,782 | -€25,177 | -19.7% |
| Amounts payable within one year | 42/48 | €491,754 | €486,783 | -€4,970 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €82,162 | €25,177 | -€56,985 | -69.4% |
| Financial debts | 43 | €100,813 | €100,626 | -€187 | -0.2% |
| Credit institutions | 430/8 | €100,813 | €100,626 | -€187 | -0.2% |
| Trade debts | 44 | €261,841 | €316,026 | +€54,185 | +20.7% |
| Suppliers | 440/4 | €261,841 | €316,026 | +€54,185 | +20.7% |
| Advances received on contracts in progress | 46 | €11,470 | €9,050 | -€2,420 | -21.1% |
| Taxes, remuneration and social security | 45 | €35,468 | €35,905 | +€437 | +1.2% |
| Taxes | 450/3 | €4,864 | €2,221 | -€2,643 | -54.3% |
| Remuneration and social security | 454/9 | €30,604 | €33,684 | +€3,080 | +10.1% |
| Accrued charges and deferred income | 492/3 | €3,728 | €5,820 | +€2,092 | +56.1% |
| Remuneration, social security and pensions | 62 | €252,805 | €241,883 | -€10,922 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €122,929 | €80,676 | -€42,253 | -34.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,383 | €14,517 | +€10,134 | +231.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €22,600 | +€22,600 | |
| Other operating charges | 640/8 | €19,988 | €20,156 | +€168 | +0.8% |
| Non-recurring operating charges | 66A | €2,100 | - | -€2,100 | |
| Gross operating margin | 9900 | €508,432 | €425,323 | -€83,109 | -16.3% |
| Operating profit (loss) | 9901 | €106,228 | €45,492 | -€60,736 | -57.2% |
| Financial income | 75/76B | €459 | €157 | -€302 | -65.8% |
| Recurring financial income | 75 | €459 | €157 | -€302 | -65.8% |
| Financial charges | 65/66B | €18,792 | €17,041 | -€1,751 | -9.3% |
| Recurring financial charges | 65 | €18,792 | €17,041 | -€1,751 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €87,895 | €28,608 | -€59,288 | -67.5% |
| Transfer from deferred taxes | 780 | €1,889 | €1,812 | -€77 | -4.1% |
| Income taxes | 67/77 | €29,932 | €10,167 | -€19,765 | -66.0% |
| Profit (loss) for the period | 9904 | €59,853 | €20,253 | -€39,600 | -66.2% |
| Transfer from tax-exempt reserves | 789 | €5,554 | €5,436 | -€118 | -2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €65,407 | €25,689 | -€39,718 | -60.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.