Groep 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.
Groep Nelis
Largest movements
- Financial fixed assets +€980,000
up €980,000 (+16.1%), from €6.1m to €7.1m
- Reserves +€630,363
up €630,363 (+21.4%), from €2.9m to €3.6m
- Debts after one year +€216,346
up €216,346 (+13.5%), from €1.6m to €1.8m
- Other debts +€113,130
up €113,130 (+2,531%), from €4,470 to €117,600
- Gross operating margin -€19,054
down €19,054 (-343%), from -€5,549 to -€24,603
- Financial charges -€3,982
down €3,982 (-5.1%), from €77,868 to €73,886
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 | €6,125,785 | €7,107,356 | +€981,571 | +16.0% |
| Fixed assets | 21/28 | €6,080,000 | €7,060,000 | +€980,000 | +16.1% |
| Financial fixed assets | 28 | €6,080,000 | €7,060,000 | +€980,000 | +16.1% |
| Current assets | 29/58 | €45,785 | €47,356 | +€1,571 | +3.4% |
| Amounts receivable within one year | 40/41 | €37,735 | €0 | -€37,735 | -100% |
| Other amounts receivable | 41 | €37,735 | €0 | -€37,735 | -100% |
| Cash at bank and in hand | 54/58 | €6,281 | €45,587 | +€39,306 | +626% |
| Deferred charges and accrued income | 490/1 | €1,769 | €1,769 | +€0 | 0.0% |
| Total equity and liabilities | 10/49 | €6,125,785 | €7,107,356 | +€981,571 | +16.0% |
| Equity | 10/15 | €3,860,284 | €4,490,647 | +€630,363 | +16.3% |
| Contributions | 10/11 | €915,000 | €915,000 | = | 0.0% |
| Reserves | 13 | €2,945,284 | €3,575,647 | +€630,363 | +21.4% |
| Distributable reserves | 133 | €2,945,284 | €3,575,647 | +€630,363 | +21.4% |
| Amounts payable | 17/49 | €2,265,502 | €2,616,709 | +€351,208 | +15.5% |
| Amounts payable after more than one year | 17 | €1,607,621 | €1,823,968 | +€216,346 | +13.5% |
| Financial debts | 170/4 | €1,607,621 | €1,823,968 | +€216,346 | +13.5% |
| Amounts payable within one year | 42/48 | €643,130 | €777,991 | +€134,861 | +21.0% |
| Current portion of amounts payable after more than one year | 42 | €632,442 | €648,594 | +€16,152 | +2.6% |
| Trade debts | 44 | €968 | €6,547 | +€5,580 | +577% |
| Suppliers | 440/4 | €968 | €6,547 | +€5,580 | +577% |
| Taxes, remuneration and social security | 45 | €5,250 | €5,250 | = | 0.0% |
| Taxes | 450/3 | €5,250 | €5,250 | = | 0.0% |
| Other amounts payable | 47/48 | €4,470 | €117,600 | +€113,130 | +2,531% |
| Accrued charges and deferred income | 492/3 | €14,750 | €14,750 | = | 0.0% |
| Other operating charges | 640/8 | €1,115 | €1,148 | +€34 | +3.0% |
| Gross operating margin | 9900 | -€5,549 | -€24,603 | -€19,054 | -343% |
| Operating profit (loss) | 9901 | -€6,663 | -€25,751 | -€19,088 | -286% |
| Financial income | 75/76B | €730,000 | €730,000 | +€0 | 0.0% |
| Recurring financial income | 75 | €730,000 | €730,000 | +€0 | 0.0% |
| Financial charges | 65/66B | €77,868 | €73,886 | -€3,982 | -5.1% |
| Recurring financial charges | 65 | €77,868 | €73,886 | -€3,982 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €645,469 | €630,363 | -€15,106 | -2.3% |
| Profit (loss) for the period | 9904 | €645,469 | €630,363 | -€15,106 | -2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €645,469 | €630,363 | -€15,106 | -2.3% |
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 27 October 2026 via checked.be.