NURBOT: 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.
NURBOT
Largest movements
- Receivables within one year -€72,810
down €72,810 (-97.9%), from €74,408 to €1,598
of which Trade receivables: -€52,374
- Tangible fixed assets -€18,174
down €18,174 (-32.0%), from €56,853 to €38,679
of which Plant, machinery and equipment: -€10,724
- Cash -€9,267
down €9,267 (-5.9%), from €157,602 to €148,334
mainly Contributions, distributions and other (-€58,094) and Trade debts (-€45,664)
- Reserves -€57,387
down €57,387 (-26.3%), from €218,284 to €160,897
of which Distributable reserves: -€57,387
- Trade debts -€45,664
down €45,664 (-93.4%), from €48,865 to €3,201
- Gross operating margin -€37,519
down €37,519 (-59.5%), from €63,066 to €25,546
- Taxes -€11,227
down €11,227 (-95.0%), from €11,823 to €597
- Depreciation +€5,318
up €5,318 (+30.8%), from €17,283 to €22,601
- Financial charges +€1,082
up €1,082 (+341%), from €317 to €1,399
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 | €289,512 | €189,261 | -€100,251 | -34.6% |
| Fixed assets | 21/28 | €56,853 | €38,679 | -€18,174 | -32.0% |
| Tangible fixed assets | 22/27 | €56,853 | €38,679 | -€18,174 | -32.0% |
| Plant, machinery and equipment | 23 | €22,310 | €11,586 | -€10,724 | -48.1% |
| Furniture and vehicles | 24 | €34,543 | €27,093 | -€7,450 | -21.6% |
| Current assets | 29/58 | €232,659 | €150,582 | -€82,077 | -35.3% |
| Amounts receivable within one year | 40/41 | €74,408 | €1,598 | -€72,810 | -97.9% |
| Trade receivables | 40 | €52,374 | - | -€52,374 | |
| Other amounts receivable | 41 | €22,034 | €1,598 | -€20,436 | -92.7% |
| Current investments | 50/53 | €649 | €649 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €157,602 | €148,334 | -€9,267 | -5.9% |
| Total equity and liabilities | 10/49 | €289,512 | €189,261 | -€100,251 | -34.6% |
| Equity | 10/15 | €236,884 | €179,497 | -€57,387 | -24.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €218,284 | €160,897 | -€57,387 | -26.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €216,424 | €159,037 | -€57,387 | -26.5% |
| Amounts payable | 17/49 | €52,628 | €9,764 | -€42,864 | -81.4% |
| Amounts payable within one year | 42/48 | €52,628 | €9,764 | -€42,864 | -81.4% |
| Trade debts | 44 | €48,865 | €3,201 | -€45,664 | -93.4% |
| Suppliers | 440/4 | €48,865 | €3,201 | -€45,664 | -93.4% |
| Taxes, remuneration and social security | 45 | - | €597 | +€597 | |
| Taxes | 450/3 | - | €597 | +€597 | |
| Other amounts payable | 47/48 | €3,763 | €5,966 | +€2,203 | +58.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,283 | €22,601 | +€5,318 | +30.8% |
| Other operating charges | 640/8 | €682 | €242 | -€439 | -64.4% |
| Gross operating margin | 9900 | €63,066 | €25,546 | -€37,519 | -59.5% |
| Operating profit (loss) | 9901 | €45,101 | €2,703 | -€42,398 | -94.0% |
| Financial income | 75/76B | €1 | €1 | +€0 | +31.8% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +31.8% |
| Financial charges | 65/66B | €317 | €1,399 | +€1,082 | +341% |
| Recurring financial charges | 65 | €317 | €1,399 | +€1,082 | +341% |
| Profit (loss) for the period before taxes | 9903 | €44,784 | €1,304 | -€43,480 | -97.1% |
| Income taxes | 67/77 | €11,823 | €597 | -€11,227 | -95.0% |
| Profit (loss) for the period | 9904 | €32,961 | €707 | -€32,253 | -97.9% |
| Profit (loss) for the period to be appropriated | 9905 | €32,961 | €707 | -€32,253 | -97.9% |
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 17 October 2026 via checked.be.