Nebulai: 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.
Nebulai
Largest movements
- Receivables within one year -€68,088
down €68,088 (-75.7%), from €89,991 to €21,904
of which Other amounts receivable: -€66,403
- Tangible fixed assets -€27,340
down €27,340 (-75.4%), from €36,250 to €8,910
of which Furniture and vehicles: -€29,119
- Receivables after one year -€15,000
down €15,000 (-100%), from €15,000 to €0
- Cash -€14,888
down €14,888 (-53.0%), from €28,063 to €13,176
mainly Contributions, distributions and other (-€136,790) and Debts after one year (-€14,898)
- Profit (loss) carried forward -€100,148
down €100,148 (-73.2%), from €136,790 to €36,642
- Debts after one year -€14,898
down €14,898 (-100%), from €14,898 to €0
- Current portion of long-term debt -€8,066
down €8,066 (-100%), from €8,066 to €0
- Tax, wage and social debts -€2,704
down €2,704 (-35.1%), from €7,703 to €4,999
- Gross operating margin -€25,071
down €25,071 (-31.4%), from €79,851 to €54,780
- Depreciation -€10,045
down €10,045 (-75.0%), from €13,398 to €3,353
- Taxes -€3,070
down €3,070 (-21.9%), from €14,020 to €10,950
- Other operating charges +€2,611
up €2,611 (+364%), from €717 to €3,329
- Financial income -€1,345
down €1,345 (-89.0%), from €1,511 to €165
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 | €171,333 | €46,165 | -€125,168 | -73.1% |
| Fixed assets | 21/28 | €36,430 | €9,090 | -€27,340 | -75.0% |
| Tangible fixed assets | 22/27 | €36,250 | €8,910 | -€27,340 | -75.4% |
| Plant, machinery and equipment | 23 | - | €1,102 | +€1,102 | |
| Furniture and vehicles | 24 | €32,177 | €3,058 | -€29,119 | -90.5% |
| Other tangible fixed assets | 26 | €4,072 | €4,750 | +€677 | +16.6% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €134,903 | €37,075 | -€97,828 | -72.5% |
| Amounts receivable after more than one year | 29 | €15,000 | €0 | -€15,000 | -100% |
| Other amounts receivable | 291 | €15,000 | €0 | -€15,000 | -100% |
| Amounts receivable within one year | 40/41 | €89,991 | €21,904 | -€68,088 | -75.7% |
| Trade receivables | 40 | €17,438 | €15,753 | -€1,685 | -9.7% |
| Other amounts receivable | 41 | €72,553 | €6,150 | -€66,403 | -91.5% |
| Cash at bank and in hand | 54/58 | €28,063 | €13,176 | -€14,888 | -53.0% |
| Deferred charges and accrued income | 490/1 | €1,849 | €1,996 | +€147 | +7.9% |
| Total equity and liabilities | 10/49 | €171,333 | €46,165 | -€125,168 | -73.1% |
| Equity | 10/15 | €139,290 | €39,142 | -€100,148 | -71.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €136,790 | €36,642 | -€100,148 | -73.2% |
| Amounts payable | 17/49 | €32,043 | €7,023 | -€25,020 | -78.1% |
| Amounts payable after more than one year | 17 | €14,898 | €0 | -€14,898 | -100% |
| Financial debts | 170/4 | €14,898 | €0 | -€14,898 | -100% |
| Amounts payable within one year | 42/48 | €17,144 | €7,023 | -€10,122 | -59.0% |
| Current portion of amounts payable after more than one year | 42 | €8,066 | €0 | -€8,066 | -100% |
| Trade debts | 44 | €1,375 | €1,670 | +€295 | +21.4% |
| Suppliers | 440/4 | €1,375 | €1,670 | +€295 | +21.4% |
| Taxes, remuneration and social security | 45 | €7,703 | €4,999 | -€2,704 | -35.1% |
| Taxes | 450/3 | €7,703 | €4,999 | -€2,704 | -35.1% |
| Other amounts payable | 47/48 | - | €354 | +€354 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,398 | €3,353 | -€10,045 | -75.0% |
| Other operating charges | 640/8 | €717 | €3,329 | +€2,611 | +364% |
| Gross operating margin | 9900 | €79,851 | €54,780 | -€25,071 | -31.4% |
| Operating profit (loss) | 9901 | €65,736 | €48,099 | -€17,637 | -26.8% |
| Financial income | 75/76B | €1,511 | €165 | -€1,345 | -89.0% |
| Recurring financial income | 75 | €1,511 | €165 | -€1,345 | -89.0% |
| Financial charges | 65/66B | €1,301 | €672 | -€629 | -48.4% |
| Recurring financial charges | 65 | €1,301 | €672 | -€629 | -48.4% |
| Profit (loss) for the period before taxes | 9903 | €65,946 | €47,592 | -€18,353 | -27.8% |
| Income taxes | 67/77 | €14,020 | €10,950 | -€3,070 | -21.9% |
| Profit (loss) for the period | 9904 | €51,926 | €36,642 | -€15,284 | -29.4% |
| Profit (loss) for the period to be appropriated | 9905 | €51,926 | €36,642 | -€15,284 | -29.4% |
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 23 October 2026 via checked.be.