A.E.C. NUYTS: 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.
A.E.C. NUYTS
Largest movements
- Current investments +€343,931
up €343,931 (+20.2%), from €1.7m to €2.0m
- Cash +€188,887
up €188,887 (+28.7%), from €658,439 to €847,326
mainly Net result for the year (+€963,554) and Depreciation (+€74,837)
- Receivables within one year +€150,929
up €150,929 (+18.4%), from €821,943 to €972,872
of which Trade receivables: +€147,283
- Tangible fixed assets -€69,182
down €69,182 (-5.1%), from €1.4m to €1.3m
of which Land and buildings: -€62,691
- Reserves +€716,554
up €716,554 (+19.1%), from €3.7m to €4.5m
of which Distributable reserves: +€716,554
- Current portion of long-term debt -€67,538
down €67,538 (-57.0%), from €118,386 to €50,848
- Other debts -€56,296
down €56,296 (-18.7%), from €300,964 to €244,668
- Gross operating margin +€165,753
up €165,753 (+12.9%), from €1.3m to €1.5m
- Taxes +€46,651
up €46,651 (+11.8%), from €395,083 to €441,735
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 | €4,559,070 | €5,173,874 | +€614,803 | +13.5% |
| Fixed assets | 21/28 | €1,369,105 | €1,299,923 | -€69,182 | -5.1% |
| Tangible fixed assets | 22/27 | €1,366,502 | €1,297,320 | -€69,182 | -5.1% |
| Land and buildings | 22 | €1,334,631 | €1,271,940 | -€62,691 | -4.7% |
| Plant, machinery and equipment | 23 | €260 | €0 | -€260 | -100% |
| Furniture and vehicles | 24 | €31,610 | €25,380 | -€6,231 | -19.7% |
| Financial fixed assets | 28 | €2,603 | €2,603 | = | 0.0% |
| Current assets | 29/58 | €3,189,966 | €3,873,951 | +€683,985 | +21.4% |
| Amounts receivable within one year | 40/41 | €821,943 | €972,872 | +€150,929 | +18.4% |
| Trade receivables | 40 | €821,943 | €969,226 | +€147,283 | +17.9% |
| Other amounts receivable | 41 | €0 | €3,646 | +€3,646 | |
| Current investments | 50/53 | €1,705,946 | €2,049,877 | +€343,931 | +20.2% |
| Cash at bank and in hand | 54/58 | €658,439 | €847,326 | +€188,887 | +28.7% |
| Deferred charges and accrued income | 490/1 | €3,638 | €3,875 | +€237 | +6.5% |
| Total equity and liabilities | 10/49 | €4,559,070 | €5,173,874 | +€614,803 | +13.5% |
| Equity | 10/15 | €3,940,167 | €4,656,721 | +€716,554 | +18.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €3,746,124 | €4,462,679 | +€716,554 | +19.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,037 | €5,037 | = | 0.0% |
| Distributable reserves | 133 | €3,739,228 | €4,455,782 | +€716,554 | +19.2% |
| Profit (loss) carried forward | 14 | €181,643 | €181,643 | = | 0.0% |
| Amounts payable | 17/49 | €618,904 | €517,152 | -€101,751 | -16.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €618,904 | €517,152 | -€101,751 | -16.4% |
| Current portion of amounts payable after more than one year | 42 | €118,386 | €50,848 | -€67,538 | -57.0% |
| Trade debts | 44 | €12,645 | €9,582 | -€3,063 | -24.2% |
| Suppliers | 440/4 | €12,645 | €9,582 | -€3,063 | -24.2% |
| Taxes, remuneration and social security | 45 | €186,909 | €212,055 | +€25,146 | +13.5% |
| Taxes | 450/3 | €186,909 | €212,055 | +€25,146 | +13.5% |
| Other amounts payable | 47/48 | €300,964 | €244,668 | -€56,296 | -18.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €30,108 | +€30,108 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,228 | €74,837 | +€3,610 | +5.1% |
| Other operating charges | 640/8 | €6,894 | €7,256 | +€363 | +5.3% |
| Gross operating margin | 9900 | €1,288,178 | €1,453,931 | +€165,753 | +12.9% |
| Operating profit (loss) | 9901 | €1,210,057 | €1,371,838 | +€161,781 | +13.4% |
| Financial income | 75/76B | €40,378 | €46,942 | +€6,565 | +16.3% |
| Recurring financial income | 75 | €40,378 | €46,942 | +€6,565 | +16.3% |
| Financial charges | 65/66B | €13,126 | €13,491 | +€365 | +2.8% |
| Recurring financial charges | 65 | €13,126 | €13,491 | +€365 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €1,237,308 | €1,405,289 | +€167,981 | +13.6% |
| Income taxes | 67/77 | €395,083 | €441,735 | +€46,651 | +11.8% |
| Profit (loss) for the period | 9904 | €842,225 | €963,554 | +€121,329 | +14.4% |
| Profit (loss) for the period to be appropriated | 9905 | €842,225 | €963,554 | +€121,329 | +14.4% |
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 13 October 2026 via checked.be.