BUREAU NELIS: 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.
BUREAU NELIS
Largest movements
- Cash -€72,068
down €72,068 (-22.0%), from €328,281 to €256,213
mainly Contributions, distributions and other (-€56,329) and Other debts (-€36,922)
- Tangible fixed assets +€4,514
up €4,514 (+191%), from €2,366 to €6,880
- Other debts -€36,922
down €36,922 (-70.7%), from €52,200 to €15,278
- Tax, wage and social debts -€24,333
down €24,333 (-35.1%), from €69,346 to €45,014
of which Remuneration and social security: -€22,430
- Reserves -€15,329
down €15,329 (-19.1%), from €80,364 to €65,035
- Trade debts +€3,718
up €3,718 (+5.7%), from €65,254 to €68,972
- Staff costs +€6,191
up €6,191 (+2.5%), from €248,479 to €254,671
- Other operating charges +€4,081
up €4,081 (+15.5%), from €26,393 to €30,475
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 | €346,902 | €275,762 | -€71,140 | -20.5% |
| Fixed assets | 21/28 | €2,366 | €6,880 | +€4,514 | +191% |
| Tangible fixed assets | 22/27 | €2,366 | €6,880 | +€4,514 | +191% |
| Furniture and vehicles | 24 | €2,366 | €6,880 | +€4,514 | +191% |
| Current assets | 29/58 | €344,536 | €268,882 | -€75,654 | -22.0% |
| Amounts receivable within one year | 40/41 | €10,999 | €7,863 | -€3,136 | -28.5% |
| Other amounts receivable | 41 | €10,999 | €7,863 | -€3,136 | -28.5% |
| Cash at bank and in hand | 54/58 | €328,281 | €256,213 | -€72,068 | -22.0% |
| Deferred charges and accrued income | 490/1 | €5,256 | €4,806 | -€450 | -8.6% |
| Total equity and liabilities | 10/49 | €346,902 | €275,762 | -€71,140 | -20.5% |
| Equity | 10/15 | €159,756 | €144,772 | -€14,984 | -9.4% |
| Contributions | 10/11 | €4,942 | €4,942 | = | 0.0% |
| Reserves | 13 | €80,364 | €65,035 | -€15,329 | -19.1% |
| Distributable reserves | 133 | €80,364 | €65,035 | -€15,329 | -19.1% |
| Profit (loss) carried forward | 14 | €74,450 | €74,795 | +€345 | +0.5% |
| Amounts payable | 17/49 | €187,146 | €130,990 | -€56,156 | -30.0% |
| Amounts payable within one year | 42/48 | €186,801 | €130,990 | -€55,811 | -29.9% |
| Trade debts | 44 | €65,254 | €68,972 | +€3,718 | +5.7% |
| Suppliers | 440/4 | €65,254 | €68,972 | +€3,718 | +5.7% |
| Advances received on contracts in progress | 46 | - | €1,726 | +€1,726 | |
| Taxes, remuneration and social security | 45 | €69,346 | €45,014 | -€24,333 | -35.1% |
| Taxes | 450/3 | €22,563 | €20,660 | -€1,903 | -8.4% |
| Remuneration and social security | 454/9 | €46,783 | €24,353 | -€22,430 | -47.9% |
| Other amounts payable | 47/48 | €52,200 | €15,278 | -€36,922 | -70.7% |
| Accrued charges and deferred income | 492/3 | €345 | - | -€345 | |
| Remuneration, social security and pensions | 62 | €248,479 | €254,671 | +€6,191 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,634 | €2,377 | -€256 | -9.7% |
| Other operating charges | 640/8 | €26,393 | €30,475 | +€4,081 | +15.5% |
| Gross operating margin | 9900 | €351,293 | €349,610 | -€1,683 | -0.5% |
| Operating profit (loss) | 9901 | €73,786 | €62,087 | -€11,699 | -15.9% |
| Financial income | 75/76B | €62 | - | -€62 | |
| Recurring financial income | 75 | €62 | - | -€62 | |
| Financial charges | 65/66B | €542 | €1,091 | +€550 | +101% |
| Recurring financial charges | 65 | €542 | €1,091 | +€550 | +101% |
| Profit (loss) for the period before taxes | 9903 | €73,306 | €60,996 | -€12,310 | -16.8% |
| Income taxes | 67/77 | €19,975 | €19,651 | -€324 | -1.6% |
| Profit (loss) for the period | 9904 | €53,331 | €41,345 | -€11,986 | -22.5% |
| Profit (loss) for the period to be appropriated | 9905 | €53,331 | €41,345 | -€11,986 | -22.5% |
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 30 October 2026 via checked.be.