IP NEXIA: 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.
What changed
IP NEXIA
NACE 61.100, Wired, wireless and satellite telecommunications
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€539,116
2024 · -€70,207+€609,323
Equity
€1.6m
2024 · €1.0m+€539,116
Cash
€1.1m
2024 · €719,029+€407,179
Balance sheet total
€3.3m
2024 · €2.2m+€1.1m
Largest movements
Assets
- Tangible fixed assets +€543,420
up €543,420 (+200.5%), from €270,987 to €814,407
of which Plant, machinery and equipment: +€416,827
- Cash +€407,179
up €407,179 (+56.6%), from €719,029 to €1.1m
mainly Net result for the year (+€539,116) and Debts after one year (+€389,862)
- Receivables within one year +€152,241
up €152,241 (+15.4%), from €989,603 to €1.1m
of which Trade receivables: +€152,213
Equity and liabilities
- Profit (loss) carried forward +€512,161
up €512,161 (+211.0%), from €242,690 to €754,851
- Debts after one year +€389,862
up €389,862 (+295.9%), from €131,750 to €521,613
- Current portion of long-term debt +€110,925
up €110,925 (+177.6%), from €62,472 to €173,397
- Trade debts +€41,666
up €41,666 (+4.9%), from €856,334 to €898,000
Income statement
- Services and other goods -€169,267
down €169,267 (-11.9%), from €1.4m to €1.3m
- Staff costs -€80,286
down €80,286 (-11.3%), from €712,774 to €632,488
- Other operating income -€62,968
down €62,968 (-77.5%), from €81,264 to €18,296
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.
Result 2024
-€70,207
Turnover
+€38,093
Other operating income
-€62,968
Goods and materials
+€23,659
Services and other goods
+€169,267
Staff costs
+€80,286
Depreciation
+€20,475
Write-downs
+€2,367
Other operating charges
+€3,670
Other operating items
+€356,782
Financial income
-€2,289
Financial charges
-€21,417
Taxes
+€1,398
Result 2025
€539,116
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.
From operations
+€612,827
Investment
-€706,436
Financing
+€500,787
Cash 2024
€719,029
From operations (derived)
+€612,827
Net result for the year
+€539,116
Depreciation
+€164,371
Smaller working-capital items
+€833
Receivables within one year
-€152,241
Deferred charges and accrued income
-€11,414
Trade debts
+€41,666
Tax, wage and social debts
+€30,495
Investment (derived)
-€706,436
Investment in fixed assets (net)
-€706,436
Financing
+€500,787
Debts after one year
+€389,862
Current portion of long-term debt
+€110,925
Cash 2025
€1.1m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,214,269 | €3,326,136 | +€1.1m | +50.2% |
| Fixed assets | 21/28 | €298,825 | €840,890 | +€542,065 | +181.4% |
| Intangible fixed assets | 21 | €1,983 | €628 | -€1,355 | -68.3% |
| Tangible fixed assets | 22/27 | €270,987 | €814,407 | +€543,420 | +200.5% |
| Plant, machinery and equipment | 23 | €203,534 | €620,361 | +€416,827 | +204.8% |
| Leasing and similar rights | 25 | €58,292 | - | -€58,292 | |
| Other tangible fixed assets | 26 | €1,161 | €418 | -€744 | -64.0% |
| Assets under construction and advance payments | 27 | €8,000 | €193,628 | +€185,628 | +2320.4% |
| Financial fixed assets | 28 | €25,855 | €25,855 | = | 0.0% |
| Affiliated companies | 280/1 | €0 | - | = | |
| Participating interests | 280 | €0 | - | = | |
| Other financial fixed assets | 284/8 | €25,855 | €25,855 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €25,855 | €25,855 | = | 0.0% |
| Current assets | 29/58 | €1,915,444 | €2,485,246 | +€569,803 | +29.7% |
| Stocks and contracts in progress | 3 | €8,796 | €7,765 | -€1,031 | -11.7% |
| Stocks | 30/36 | €8,796 | €7,765 | -€1,031 | -11.7% |
| Goods purchased for resale | 34 | €8,796 | €7,765 | -€1,031 | -11.7% |
| Amounts receivable within one year | 40/41 | €989,603 | €1,141,844 | +€152,241 | +15.4% |
| Trade receivables | 40 | €971,160 | €1,123,373 | +€152,213 | +15.7% |
| Other amounts receivable | 41 | €18,443 | €18,471 | +€28 | +0.2% |
| Cash at bank and in hand | 54/58 | €719,029 | €1,126,208 | +€407,179 | +56.6% |
| Deferred charges and accrued income | 490/1 | €198,015 | €209,429 | +€11,414 | +5.8% |
| Total equity and liabilities | 10/49 | €2,214,269 | €3,326,136 | +€1.1m | +50.2% |
| Equity | 10/15 | €1,019,085 | €1,558,201 | +€539,116 | +52.9% |
| Contributions | 10/11 | €737,932 | €737,932 | = | 0.0% |
| Capital | 10 | €737,932 | €737,932 | = | 0.0% |
| Issued capital | 100 | €737,932 | €737,932 | = | 0.0% |
| Reserves | 13 | €38,462 | €65,418 | +€26,956 | +70.1% |
| Non-distributable reserves | 130/1 | €38,462 | €65,418 | +€26,956 | +70.1% |
| Legal reserve | 130 | €38,462 | €65,418 | +€26,956 | +70.1% |
| Profit (loss) carried forward | 14 | €242,690 | €754,851 | +€512,161 | +211.0% |
| Amounts payable | 17/49 | €1,195,184 | €1,767,935 | +€572,751 | +47.9% |
| Amounts payable after more than one year | 17 | €131,750 | €521,613 | +€389,862 | +295.9% |
| Financial debts | 170/4 | €131,750 | €521,613 | +€389,862 | +295.9% |
| Credit institutions | 173 | €131,750 | €521,613 | +€389,862 | +295.9% |
| Amounts payable within one year | 42/48 | €1,057,650 | €1,240,735 | +€183,086 | +17.3% |
| Current portion of amounts payable after more than one year | 42 | €62,472 | €173,397 | +€110,925 | +177.6% |
| Trade debts | 44 | €856,334 | €898,000 | +€41,666 | +4.9% |
| Suppliers | 440/4 | €856,334 | €898,000 | +€41,666 | +4.9% |
| Taxes, remuneration and social security | 45 | €138,843 | €169,338 | +€30,495 | +22.0% |
| Taxes | 450/3 | €34,252 | €76,846 | +€42,594 | +124.4% |
| Remuneration and social security | 454/9 | €104,591 | €92,492 | -€12,099 | -11.6% |
| Accrued charges and deferred income | 492/3 | €5,784 | €5,587 | -€197 | -3.4% |
| Operating income | 70/76A | €6,084,892 | €6,060,017 | -€24,875 | -0.4% |
| Turnover | 70 | €6,003,628 | €6,041,721 | +€38,093 | +0.6% |
| Other operating income | 74 | €81,264 | €18,296 | -€62,968 | -77.5% |
| Operating charges | 60/66A | €6,135,902 | €5,479,396 | -€656,506 | -10.7% |
| Goods for resale, raw materials and consumables | 60 | €3,470,527 | €3,446,868 | -€23,659 | -0.7% |
| Purchases | 600/8 | €3,474,022 | €3,446,750 | -€27,271 | -0.8% |
| Change in stocks: decrease (increase) | 609 | -€3,495 | €117 | +€3,612 | |
| Services and other goods | 61 | €1,420,722 | €1,251,455 | -€169,267 | -11.9% |
| Remuneration, social security and pensions | 62 | €712,774 | €632,488 | -€80,286 | -11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €184,846 | €164,371 | -€20,475 | -11.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€60,195 | -€62,562 | -€2,367 | -3.9% |
| Other operating charges | 640/8 | €50,446 | €46,777 | -€3,670 | -7.3% |
| Non-recurring operating charges | 66A | €356,782 | - | -€356,782 | |
| Operating profit (loss) | 9901 | -€51,010 | €580,621 | +€631,631 | |
| Financial income | 75/76B | €9,113 | €6,824 | -€2,289 | -25.1% |
| Recurring financial income | 75 | €9,113 | €6,824 | -€2,289 | -25.1% |
| Income from current assets | 751 | €2,675 | €2,647 | -€28 | -1.1% |
| Other financial income | 752/9 | €6,438 | €4,178 | -€2,261 | -35.1% |
| Financial charges | 65/66B | €25,940 | €47,357 | +€21,417 | +82.6% |
| Recurring financial charges | 65 | €25,940 | €47,357 | +€21,417 | +82.6% |
| Debt charges | 650 | €17,517 | €34,207 | +€16,689 | +95.3% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | - | €2,071 | +€2,071 | |
| Other financial charges | 652/9 | €8,423 | €11,080 | +€2,657 | +31.5% |
| Profit (loss) for the period before taxes | 9903 | -€67,837 | €540,088 | +€607,925 | |
| Income taxes | 67/77 | €2,370 | €972 | -€1,398 | -59.0% |
| Taxes | 670/3 | €2,717 | €1,794 | -€924 | -34.0% |
| Tax adjustments and reversals of tax provisions | 77 | €348 | €822 | +€474 | +136.5% |
| Profit (loss) for the period | 9904 | -€70,207 | €539,116 | +€609,323 | |
| Profit (loss) for the period to be appropriated | 9905 | -€70,207 | €539,116 | +€609,323 |
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 2 October 2026 via checked.be.