D.NUYTS: 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.
D.NUYTS
Largest movements
- Cash +€50,541
up €50,541 (+162.1%), from €31,177 to €81,718
mainly Net result for the year (+€52,112) and Debts after one year (+€17,079)
- Tangible fixed assets +€38,379
up €38,379 (+1115.2%), from €3,441 to €41,820
of which Furniture and vehicles: +€39,557
- Receivables within one year -€9,856
down €9,856 (-52.7%), from €18,695 to €8,840
of which Trade receivables: -€8,989
- Stocks and contracts +€7,009
up €7,009 (+237.6%), from €2,950 to €9,959
- Profit (loss) carried forward +€52,112
up €52,112 (+131.7%), from €39,576 to €91,687
- Debts after one year +€17,079
new in 2025: €17,079
- Current portion of long-term debt +€5,978
new in 2025: €5,978
- Trade debts +€5,598
up €5,598 (+61.4%), from €9,118 to €14,716
- Tax, wage and social debts +€5,094
up €5,094 (+198.2%), from €2,570 to €7,664
- Gross operating margin +€20,087
up €20,087 (+38.4%), from €52,318 to €72,405
- Depreciation +€4,272
up €4,272 (+436.6%), from €979 to €5,251
- Taxes +€3,379
up €3,379 (+32.0%), from €10,570 to €13,949
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 | €56,264 | €142,337 | +€86,073 | +153.0% |
| Fixed assets | 21/28 | €3,441 | €41,820 | +€38,379 | +1115.2% |
| Tangible fixed assets | 22/27 | €3,441 | €41,820 | +€38,379 | +1115.2% |
| Plant, machinery and equipment | 23 | €1,683 | €1,253 | -€430 | -25.5% |
| Furniture and vehicles | 24 | - | €39,557 | +€39,557 | |
| Leasing and similar rights | 25 | €1,759 | €1,010 | -€749 | -42.6% |
| Current assets | 29/58 | €52,822 | €100,517 | +€47,695 | +90.3% |
| Stocks and contracts in progress | 3 | €2,950 | €9,959 | +€7,009 | +237.6% |
| Stocks | 30/36 | €2,950 | €9,959 | +€7,009 | +237.6% |
| Amounts receivable within one year | 40/41 | €18,695 | €8,840 | -€9,856 | -52.7% |
| Trade receivables | 40 | €14,949 | €5,960 | -€8,989 | -60.1% |
| Other amounts receivable | 41 | €3,747 | €2,880 | -€867 | -23.1% |
| Cash at bank and in hand | 54/58 | €31,177 | €81,718 | +€50,541 | +162.1% |
| Total equity and liabilities | 10/49 | €56,264 | €142,337 | +€86,073 | +153.0% |
| Equity | 10/15 | €44,576 | €96,687 | +€52,112 | +116.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,576 | €91,687 | +€52,112 | +131.7% |
| Amounts payable | 17/49 | €11,688 | €45,650 | +€33,962 | +290.6% |
| Amounts payable after more than one year | 17 | - | €17,079 | +€17,079 | |
| Financial debts | 170/4 | - | €17,079 | +€17,079 | |
| Amounts payable within one year | 42/48 | €11,688 | €28,571 | +€16,883 | +144.4% |
| Current portion of amounts payable after more than one year | 42 | - | €5,978 | +€5,978 | |
| Trade debts | 44 | €9,118 | €14,716 | +€5,598 | +61.4% |
| Suppliers | 440/4 | €9,118 | €14,716 | +€5,598 | +61.4% |
| Taxes, remuneration and social security | 45 | €2,570 | €7,664 | +€5,094 | +198.2% |
| Taxes | 450/3 | €2,570 | €7,664 | +€5,094 | +198.2% |
| Other amounts payable | 47/48 | - | €213 | +€213 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €979 | €5,251 | +€4,272 | +436.6% |
| Other operating charges | 640/8 | €1,304 | €949 | -€355 | -27.2% |
| Gross operating margin | 9900 | €52,318 | €72,405 | +€20,087 | +38.4% |
| Operating profit (loss) | 9901 | €50,035 | €66,205 | +€16,170 | +32.3% |
| Financial income | 75/76B | €254 | €345 | +€90 | +35.5% |
| Recurring financial income | 75 | €254 | €345 | +€90 | +35.5% |
| Financial charges | 65/66B | €144 | €489 | +€345 | +239.2% |
| Recurring financial charges | 65 | €144 | €489 | +€345 | +239.2% |
| Profit (loss) for the period before taxes | 9903 | €50,146 | €66,061 | +€15,915 | +31.7% |
| Income taxes | 67/77 | €10,570 | €13,949 | +€3,379 | +32.0% |
| Profit (loss) for the period | 9904 | €39,576 | €52,112 | +€12,536 | +31.7% |
| Profit (loss) for the period to be appropriated | 9905 | €39,576 | €52,112 | +€12,536 | +31.7% |
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 8 October 2026 via checked.be.