NVBBT: what changed
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
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it 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% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.