NEBULINE: 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.
NEBULINE
Largest movements
- Cash +€17,897
up €17,897 (+577.1%), from €3,101 to €20,999
mainly Trade debts (+€7,812) and Tax, wage and social debts (+€6,465)
- Stocks and contracts +€5,252
up €5,252 (+24.5%), from €21,448 to €26,700
- Receivables within one year -€1,908
down €1,908 (-44.4%), from €4,295 to €2,387
- Tangible fixed assets -€786
down €786 (-20.0%), from €3,930 to €3,144
- Trade debts +€7,812
up €7,812 (+382.2%), from €2,044 to €9,856
- Tax, wage and social debts +€6,465
up €6,465 (+360.1%), from €1,795 to €8,260
- Profit (loss) carried forward +€6,179
up €6,179 (+168.0%), from €3,678 to €9,857
- Gross operating margin -€17,634
down €17,634 (-64.6%), from €27,291 to €9,657
- Other operating charges +€1,813
up €1,813 (+471.6%), from €384 to €2,197
- Depreciation +€786
new in 2024: €786
- Taxes +€281
new in 2024: €281
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,774 | €53,229 | +€20,456 | +62.4% |
| Fixed assets | 21/28 | €3,930 | €3,144 | -€786 | -20.0% |
| Tangible fixed assets | 22/27 | €3,930 | €3,144 | -€786 | -20.0% |
| Furniture and vehicles | 24 | €3,930 | €3,144 | -€786 | -20.0% |
| Current assets | 29/58 | €28,844 | €50,085 | +€21,242 | +73.6% |
| Stocks and contracts in progress | 3 | €21,448 | €26,700 | +€5,252 | +24.5% |
| Stocks | 30/36 | €21,448 | €26,700 | +€5,252 | +24.5% |
| Amounts receivable within one year | 40/41 | €4,295 | €2,387 | -€1,908 | -44.4% |
| Trade receivables | 40 | €4,295 | €2,387 | -€1,908 | -44.4% |
| Cash at bank and in hand | 54/58 | €3,101 | €20,999 | +€17,897 | +577.1% |
| Total equity and liabilities | 10/49 | €32,774 | €53,229 | +€20,456 | +62.4% |
| Equity | 10/15 | €24,138 | €30,317 | +€6,179 | +25.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,678 | €9,857 | +€6,179 | +168.0% |
| Amounts payable | 17/49 | €8,636 | €22,913 | +€14,277 | +165.3% |
| Amounts payable within one year | 42/48 | €8,636 | €22,913 | +€14,277 | +165.3% |
| Trade debts | 44 | €2,044 | €9,856 | +€7,812 | +382.2% |
| Suppliers | 440/4 | €2,044 | €9,856 | +€7,812 | +382.2% |
| Taxes, remuneration and social security | 45 | €1,795 | €8,260 | +€6,465 | +360.1% |
| Taxes | 450/3 | €1,795 | €8,260 | +€6,465 | +360.1% |
| Other amounts payable | 47/48 | €4,796 | €4,796 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €786 | +€786 | |
| Other operating charges | 640/8 | €384 | €2,197 | +€1,813 | +471.6% |
| Gross operating margin | 9900 | €27,291 | €9,657 | -€17,634 | -64.6% |
| Operating profit (loss) | 9901 | €26,907 | €6,673 | -€20,233 | -75.2% |
| Financial charges | 65/66B | €153 | €214 | +€61 | +39.5% |
| Recurring financial charges | 65 | €153 | €214 | +€61 | +39.5% |
| Profit (loss) for the period before taxes | 9903 | €26,753 | €6,459 | -€20,294 | -75.9% |
| Income taxes | 67/77 | - | €281 | +€281 | |
| Profit (loss) for the period | 9904 | €26,753 | €6,179 | -€20,575 | -76.9% |
| Profit (loss) for the period to be appropriated | 9905 | €26,753 | €6,179 | -€20,575 | -76.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.