NVBBT: 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.
NVBBT
Largest movements
- Cash -€227,618
down €227,618 (-85.1%), from €267,339 to €39,722
mainly Receivables within one year (-€144,999) and Stocks and contracts (-€121,022)
- Receivables within one year +€144,999
up €144,999 (+396%), from €36,655 to €181,653
of which Other amounts receivable: +€139,735
- Stocks and contracts +€121,022
new in 2025: €121,022
- Profit (loss) carried forward +€62,159
up €62,159 (+27.1%), from €229,280 to €291,439
- Tax, wage and social debts -€23,986
down €23,986 (-33.4%), from €71,714 to €47,728
- Gross operating margin -€40,505
down €40,505 (-30.3%), from €133,823 to €93,318
- Staff costs +€13,194
new in 2025: €13,194
- Taxes -€10,991
down €10,991 (-39.0%), from €28,185 to €17,194
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 | €303,994 | €342,397 | +€38,403 | +12.6% |
| Current assets | 29/58 | €303,994 | €342,397 | +€38,403 | +12.6% |
| Stocks and contracts in progress | 3 | - | €121,022 | +€121,022 | |
| Stocks | 30/36 | - | €121,022 | +€121,022 | |
| Amounts receivable within one year | 40/41 | €36,655 | €181,653 | +€144,999 | +396% |
| Trade receivables | 40 | €1,308 | €6,571 | +€5,263 | +403% |
| Other amounts receivable | 41 | €35,347 | €175,082 | +€139,735 | +395% |
| Cash at bank and in hand | 54/58 | €267,339 | €39,722 | -€227,618 | -85.1% |
| Total equity and liabilities | 10/49 | €303,994 | €342,397 | +€38,403 | +12.6% |
| Equity | 10/15 | €232,280 | €294,439 | +€62,159 | +26.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €229,280 | €291,439 | +€62,159 | +27.1% |
| Amounts payable | 17/49 | €71,714 | €47,958 | -€23,756 | -33.1% |
| Amounts payable within one year | 42/48 | €71,714 | €47,958 | -€23,756 | -33.1% |
| Trade debts | 44 | - | €230 | +€230 | |
| Suppliers | 440/4 | - | €230 | +€230 | |
| Taxes, remuneration and social security | 45 | €71,714 | €47,728 | -€23,986 | -33.4% |
| Taxes | 450/3 | €71,714 | €47,728 | -€23,986 | -33.4% |
| Remuneration, social security and pensions | 62 | - | €13,194 | +€13,194 | |
| Other operating charges | 640/8 | €1,355 | €554 | -€801 | -59.1% |
| Gross operating margin | 9900 | €133,823 | €93,318 | -€40,505 | -30.3% |
| Operating profit (loss) | 9901 | €132,467 | €79,570 | -€52,898 | -39.9% |
| Financial charges | 65/66B | €199 | €217 | +€18 | +8.9% |
| Recurring financial charges | 65 | €199 | €217 | +€18 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | €132,268 | €79,353 | -€52,915 | -40.0% |
| Income taxes | 67/77 | €28,185 | €17,194 | -€10,991 | -39.0% |
| Profit (loss) for the period | 9904 | €104,083 | €62,159 | -€41,925 | -40.3% |
| Profit (loss) for the period to be appropriated | 9905 | €104,083 | €62,159 | -€41,925 | -40.3% |
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.