HUGO NISA: 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.
HUGO NISA
Largest movements
- Receivables within one year +€61,532
up €61,532 (+3,852%), from €1,597 to €63,129
of which Trade receivables: +€57,843
- Tangible fixed assets +€1,850
up €1,850 (+8.8%), from €21,096 to €22,946
of which Plant, machinery and equipment: +€1,850
- Advances received +€58,768
new in 2025: €58,768
- Trade debts +€3,613
up €3,613 (+63.4%), from €5,701 to €9,314
- Other debts +€1,351
new in 2025: €1,351
- Purchases and services -€190,380
no longer reported in 2025 (was €190,380)
- Staff costs +€11,236
up €11,236 (+54.1%), from €20,759 to €31,995
- Gross operating margin +€6,592
up €6,592 (+22.3%), from €29,544 to €36,136
- Other operating charges +€2,992
up €2,992 (+904%), from €331 to €3,323
- Taxes -€1,756
down €1,756 (-90.3%), from €1,944 to €188
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 | €48,145 | €111,557 | +€63,411 | +132% |
| Fixed assets | 21/28 | €21,901 | €23,751 | +€1,850 | +8.4% |
| Tangible fixed assets | 22/27 | €21,096 | €22,946 | +€1,850 | +8.8% |
| Plant, machinery and equipment | 23 | €19,751 | €21,601 | +€1,850 | +9.4% |
| Furniture and vehicles | 24 | €1,345 | €1,345 | = | 0.0% |
| Financial fixed assets | 28 | €805 | €805 | = | 0.0% |
| Current assets | 29/58 | €26,244 | €87,806 | +€61,561 | +235% |
| Stocks and contracts in progress | 3 | €5,562 | €5,798 | +€236 | +4.2% |
| Stocks | 30/36 | €5,562 | €5,798 | +€236 | +4.2% |
| Amounts receivable within one year | 40/41 | €1,597 | €63,129 | +€61,532 | +3,852% |
| Trade receivables | 40 | €875 | €58,718 | +€57,843 | +6,613% |
| Other amounts receivable | 41 | €723 | €4,411 | +€3,689 | +510% |
| Cash at bank and in hand | 54/58 | €19,085 | €18,879 | -€206 | -1.1% |
| Total equity and liabilities | 10/49 | €48,145 | €111,557 | +€63,411 | +132% |
| Equity | 10/15 | €36,178 | €36,325 | +€147 | +0.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,178 | €26,325 | +€147 | +0.6% |
| Amounts payable | 17/49 | €11,967 | €75,231 | +€63,264 | +529% |
| Amounts payable within one year | 42/48 | €11,967 | €75,231 | +€63,264 | +529% |
| Trade debts | 44 | €5,701 | €9,314 | +€3,613 | +63.4% |
| Suppliers | 440/4 | €5,701 | €9,314 | +€3,613 | +63.4% |
| Advances received on contracts in progress | 46 | - | €58,768 | +€58,768 | |
| Taxes, remuneration and social security | 45 | €6,266 | €5,798 | -€468 | -7.5% |
| Taxes | 450/3 | €2,111 | €722 | -€1,389 | -65.8% |
| Remuneration and social security | 454/9 | €4,155 | €5,076 | +€921 | +22.2% |
| Other amounts payable | 47/48 | - | €1,351 | +€1,351 | |
| Goods, raw materials, services and sundry goods | 60/61 | €190,380 | - | -€190,380 | |
| Remuneration, social security and pensions | 62 | €20,759 | €31,995 | +€11,236 | +54.1% |
| Other operating charges | 640/8 | €331 | €3,323 | +€2,992 | +904% |
| Gross operating margin | 9900 | €29,544 | €36,136 | +€6,592 | +22.3% |
| Operating profit (loss) | 9901 | €8,454 | €818 | -€7,637 | -90.3% |
| Financial income | 75/76B | €184 | €110 | -€74 | -40.2% |
| Recurring financial income | 75 | €184 | €110 | -€74 | -40.2% |
| Financial charges | 65/66B | €1,406 | €593 | -€813 | -57.8% |
| Recurring financial charges | 65 | €1,406 | €593 | -€813 | -57.8% |
| Profit (loss) for the period before taxes | 9903 | €7,233 | €335 | -€6,898 | -95.4% |
| Income taxes | 67/77 | €1,944 | €188 | -€1,756 | -90.3% |
| Profit (loss) for the period | 9904 | €5,289 | €147 | -€5,142 | -97.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,289 | €147 | -€5,142 | -97.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.