NANOLUMEN: 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.
NANOLUMEN
Largest movements
- Receivables within one year -€21,790
down €21,790 (-33.6%), from €64,802 to €43,012
of which Trade receivables: -€21,795
- Tangible fixed assets -€1,451
no longer reported in 2025 (was €1,451)
- Profit (loss) carried forward -€18,813
down €18,813 (-36.5%), from -€51,521 to -€70,334
- Other debts -€4,418
down €4,418 (-3.9%), from €113,203 to €108,785
- Other operating charges +€15,534
up €15,534 (+5050.1%), from €308 to €15,842
- Gross operating margin +€5,977
up €5,977 (+93.4%), from -€6,401 to -€423
- Financial charges -€1,112
down €1,112 (-50.4%), from €2,209 to €1,097
- Depreciation +€290
up €290 (+25.0%), from €1,161 to €1,451
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 | €110,275 | €86,596 | -€23,679 | -21.5% |
| Fixed assets | 21/28 | €1,451 | - | -€1,451 | |
| Tangible fixed assets | 22/27 | €1,451 | - | -€1,451 | |
| Other tangible fixed assets | 26 | €1,451 | - | -€1,451 | |
| Current assets | 29/58 | €108,824 | €86,596 | -€22,228 | -20.4% |
| Stocks and contracts in progress | 3 | €43,556 | €43,556 | = | 0.0% |
| Stocks | 30/36 | €43,556 | €43,556 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €64,802 | €43,012 | -€21,790 | -33.6% |
| Trade receivables | 40 | €63,802 | €42,007 | -€21,795 | -34.2% |
| Other amounts receivable | 41 | €1,000 | €1,005 | +€5 | +0.5% |
| Cash at bank and in hand | 54/58 | €182 | €29 | -€153 | -84.1% |
| Deferred charges and accrued income | 490/1 | €285 | - | -€285 | |
| Total equity and liabilities | 10/49 | €110,275 | €86,596 | -€23,679 | -21.5% |
| Equity | 10/15 | -€32,921 | -€51,734 | -€18,813 | -57.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,521 | -€70,334 | -€18,813 | -36.5% |
| Amounts payable | 17/49 | €143,196 | €138,330 | -€4,866 | -3.4% |
| Amounts payable within one year | 42/48 | €143,196 | €138,330 | -€4,866 | -3.4% |
| Financial debts | 43 | €29,993 | €29,545 | -€448 | -1.5% |
| Credit institutions | 430/8 | €29,993 | €29,545 | -€448 | -1.5% |
| Other amounts payable | 47/48 | €113,203 | €108,785 | -€4,418 | -3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,161 | €1,451 | +€290 | +25.0% |
| Other operating charges | 640/8 | €308 | €15,842 | +€15,534 | +5050.1% |
| Gross operating margin | 9900 | -€6,401 | -€423 | +€5,977 | +93.4% |
| Operating profit (loss) | 9901 | -€7,869 | -€17,716 | -€9,847 | -125.1% |
| Financial charges | 65/66B | €2,209 | €1,097 | -€1,112 | -50.4% |
| Recurring financial charges | 65 | €2,209 | €1,097 | -€1,112 | -50.4% |
| Profit (loss) for the period before taxes | 9903 | -€10,078 | -€18,813 | -€8,735 | -86.7% |
| Profit (loss) for the period | 9904 | -€10,078 | -€18,813 | -€8,735 | -86.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,078 | -€18,813 | -€8,735 | -86.7% |
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 3 October 2026 via checked.be.