NYBE: 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.
NYBE
Largest movements
- Receivables within one year +€52,613
up €52,613 (+62.0%), from €84,852 to €137,465
of which Trade receivables: +€55,639
- Cash -€16,866
down €16,866 (-54.9%), from €30,711 to €13,845
mainly Receivables within one year (-€52,613) and Debts after one year (-€41,985)
- Tangible fixed assets -€9,735
down €9,735 (-83.8%), from €11,613 to €1,878
- Intangible fixed assets -€9,683
down €9,683 (-13.3%), from €72,583 to €62,900
- Financial fixed assets +€2,721
new in 2025: €2,721
- Debts after one year -€41,985
down €41,985 (-52.4%), from €80,095 to €38,110
- Tax, wage and social debts +€29,047
up €29,047 (+109.6%), from €26,495 to €55,542
of which Taxes: +€30,391
- Trade debts +€17,787
up €17,787 (+22.3%), from €79,683 to €97,470
- Profit (loss) carried forward +€17,641
up €17,641 (+35.6%), from -€49,501 to -€31,860
- Short-term financial debts -€14,178
down €14,178 (-69.9%), from €20,285 to €6,107
- Staff costs -€26,744
down €26,744 (-40.7%), from €65,790 to €39,046
- Gross operating margin -€11,108
down €11,108 (-8.8%), from €126,133 to €115,025
- Other operating charges +€6,986
up €6,986 (+145.7%), from €4,796 to €11,782
- Depreciation -€4,887
down €4,887 (-15.1%), from €32,442 to €27,556
- Financial charges -€1,768
down €1,768 (-15.3%), from €11,573 to €9,805
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 | €208,050 | €226,280 | +€18,229 | +8.8% |
| Fixed assets | 21/28 | €84,196 | €67,499 | -€16,697 | -19.8% |
| Intangible fixed assets | 21 | €72,583 | €62,900 | -€9,683 | -13.3% |
| Tangible fixed assets | 22/27 | €11,613 | €1,878 | -€9,735 | -83.8% |
| Land and buildings | 22 | €3,373 | - | -€3,373 | |
| Plant, machinery and equipment | 23 | €1,397 | €498 | -€899 | -64.4% |
| Furniture and vehicles | 24 | €3,486 | €1,380 | -€2,106 | -60.4% |
| Leasing and similar rights | 25 | €3,358 | - | -€3,358 | |
| Financial fixed assets | 28 | - | €2,721 | +€2,721 | |
| Current assets | 29/58 | €123,854 | €158,781 | +€34,926 | +28.2% |
| Amounts receivable within one year | 40/41 | €84,852 | €137,465 | +€52,613 | +62.0% |
| Trade receivables | 40 | €81,722 | €137,361 | +€55,639 | +68.1% |
| Other amounts receivable | 41 | €3,131 | €104 | -€3,026 | -96.7% |
| Cash at bank and in hand | 54/58 | €30,711 | €13,845 | -€16,866 | -54.9% |
| Deferred charges and accrued income | 490/1 | €8,291 | €7,471 | -€820 | -9.9% |
| Total equity and liabilities | 10/49 | €208,050 | €226,280 | +€18,229 | +8.8% |
| Equity | 10/15 | -€30,889 | -€13,249 | +€17,641 | +57.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11 | €11 | = | 0.0% |
| Distributable reserves | 133 | €11 | €11 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,501 | -€31,860 | +€17,641 | +35.6% |
| Provisions and deferred taxes | 16 | €2,167 | - | -€2,167 | |
| Provisions for liabilities and charges | 160/5 | €2,167 | - | -€2,167 | |
| Other liabilities and charges | 164/5 | €2,167 | - | -€2,167 | |
| Amounts payable | 17/49 | €236,773 | €239,528 | +€2,756 | +1.2% |
| Amounts payable after more than one year | 17 | €80,095 | €38,110 | -€41,985 | -52.4% |
| Financial debts | 170/4 | €80,095 | €38,110 | -€41,985 | -52.4% |
| Amounts payable within one year | 42/48 | €156,153 | €200,526 | +€44,373 | +28.4% |
| Current portion of amounts payable after more than one year | 42 | €29,428 | €41,408 | +€11,980 | +40.7% |
| Financial debts | 43 | €20,285 | €6,107 | -€14,178 | -69.9% |
| Credit institutions | 430/8 | €20,285 | €6,107 | -€14,178 | -69.9% |
| Trade debts | 44 | €79,683 | €97,470 | +€17,787 | +22.3% |
| Suppliers | 440/4 | €79,683 | €97,470 | +€17,787 | +22.3% |
| Taxes, remuneration and social security | 45 | €26,495 | €55,542 | +€29,047 | +109.6% |
| Taxes | 450/3 | €17,225 | €47,616 | +€30,391 | +176.4% |
| Remuneration and social security | 454/9 | €9,269 | €7,926 | -€1,343 | -14.5% |
| Other amounts payable | 47/48 | €262 | - | -€262 | |
| Accrued charges and deferred income | 492/3 | €525 | €892 | +€367 | +70.0% |
| Non-recurring operating income | 76A | - | €332 | +€332 | |
| Remuneration, social security and pensions | 62 | €65,790 | €39,046 | -€26,744 | -40.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,442 | €27,556 | -€4,887 | -15.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €270 | +€270 | |
| Other operating charges | 640/8 | €4,796 | €11,782 | +€6,986 | +145.7% |
| Non-recurring operating charges | 66A | €2,215 | €8,751 | +€6,535 | +295.0% |
| Gross operating margin | 9900 | €126,133 | €115,025 | -€11,108 | -8.8% |
| Operating profit (loss) | 9901 | €20,890 | €27,621 | +€6,730 | +32.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €11,573 | €9,805 | -€1,768 | -15.3% |
| Recurring financial charges | 65 | €11,573 | €9,805 | -€1,768 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | €9,318 | €17,816 | +€8,498 | +91.2% |
| Income taxes | 67/77 | €416 | €175 | -€241 | -57.9% |
| Profit (loss) for the period | 9904 | €8,902 | €17,641 | +€8,739 | +98.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,902 | €17,641 | +€8,739 | +98.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.