NADEX TRADING: 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.
NADEX TRADING
Largest movements
- Cash +€4,422
up €4,422 (+369%), from €1,200 to €5,622
mainly Net result for the year (+€8,510) and Receivables within one year (+€4,349)
- Receivables within one year -€4,349
down €4,349 (-9.3%), from €46,794 to €42,445
of which Trade receivables: -€5,113
- Stocks and contracts -€750
down €750 (-61.2%), from €1,225 to €475
- Profit (loss) carried forward +€8,510
up €8,510 (+118%), from €7,193 to €15,702
- Trade debts -€8,098
down €8,098 (-54.0%), from €14,985 to €6,887
- Tax, wage and social debts -€1,089
down €1,089 (-6.0%), from €18,004 to €16,915
of which Remuneration and social security: -€994
- Gross operating margin -€5,043
down €5,043 (-3.5%), from €145,072 to €140,029
- Staff costs -€4,951
down €4,951 (-3.6%), from €135,815 to €130,865
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 | €49,219 | €48,542 | -€677 | -1.4% |
| Current assets | 29/58 | €49,219 | €48,542 | -€677 | -1.4% |
| Stocks and contracts in progress | 3 | €1,225 | €475 | -€750 | -61.2% |
| Stocks | 30/36 | €1,225 | €475 | -€750 | -61.2% |
| Amounts receivable within one year | 40/41 | €46,794 | €42,445 | -€4,349 | -9.3% |
| Trade receivables | 40 | €38,147 | €33,034 | -€5,113 | -13.4% |
| Other amounts receivable | 41 | €8,647 | €9,411 | +€763 | +8.8% |
| Cash at bank and in hand | 54/58 | €1,200 | €5,622 | +€4,422 | +369% |
| Total equity and liabilities | 10/49 | €49,219 | €48,542 | -€677 | -1.4% |
| Equity | 10/15 | €16,230 | €24,740 | +€8,510 | +52.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €2,837 | €2,837 | = | 0.0% |
| Distributable reserves | 133 | €2,837 | €2,837 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,193 | €15,702 | +€8,510 | +118% |
| Amounts payable | 17/49 | €32,989 | €23,802 | -€9,187 | -27.8% |
| Amounts payable within one year | 42/48 | €32,989 | €23,802 | -€9,187 | -27.8% |
| Trade debts | 44 | €14,985 | €6,887 | -€8,098 | -54.0% |
| Suppliers | 440/4 | €14,985 | €6,887 | -€8,098 | -54.0% |
| Taxes, remuneration and social security | 45 | €18,004 | €16,915 | -€1,089 | -6.0% |
| Taxes | 450/3 | €242 | €147 | -€95 | -39.3% |
| Remuneration and social security | 454/9 | €17,762 | €16,768 | -€994 | -5.6% |
| Remuneration, social security and pensions | 62 | €135,815 | €130,865 | -€4,951 | -3.6% |
| Other operating charges | 640/8 | €639 | €654 | +€15 | +2.3% |
| Gross operating margin | 9900 | €145,072 | €140,029 | -€5,043 | -3.5% |
| Operating profit (loss) | 9901 | €8,617 | €8,510 | -€107 | -1.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | - | €1 | +€1 | |
| Recurring financial charges | 65 | - | €1 | +€1 | |
| Profit (loss) for the period before taxes | 9903 | €8,618 | €8,510 | -€108 | -1.3% |
| Profit (loss) for the period | 9904 | €8,618 | €8,510 | -€108 | -1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,618 | €8,510 | -€108 | -1.3% |
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 23 October 2026 via checked.be.