Nebulosoft: 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.
Nebulosoft
Largest movements
- Cash +€47,431
up €47,431 (+42.8%), from €110,770 to €158,201
mainly Debts after one year (+€90,394) and Net result for the year (+€37,224)
- Debts after one year +€90,394
new in 2025: €90,394
- Reserves -€31,385
down €31,385 (-35.5%), from €88,488 to €57,103
- Current portion of long-term debt +€29,753
new in 2025: €29,753
- Tax, wage and social debts -€23,241
down €23,241 (-100%), from €23,241 to €0
of which Remuneration and social security: -€17,555
- Other debts -€22,216
down €22,216 (-64.0%), from €34,716 to €12,500
- Gross operating margin -€25,051
down €25,051 (-18.3%), from €137,060 to €112,009
- Staff costs -€15,142
down €15,142 (-20.4%), from €74,297 to €59,156
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 | €199,958 | €247,446 | +€47,489 | +23.7% |
| Fixed assets | 21/28 | €4,093 | €1,896 | -€2,197 | -53.7% |
| Tangible fixed assets | 22/27 | €3,943 | €1,796 | -€2,147 | -54.5% |
| Plant, machinery and equipment | 23 | €3,794 | €1,796 | -€1,998 | -52.7% |
| Other tangible fixed assets | 26 | €149 | €0 | -€149 | -100% |
| Financial fixed assets | 28 | €150 | €100 | -€50 | -33.3% |
| Current assets | 29/58 | €195,864 | €245,551 | +€49,686 | +25.4% |
| Amounts receivable within one year | 40/41 | €76,907 | €79,107 | +€2,199 | +2.9% |
| Trade receivables | 40 | €59,475 | €68,611 | +€9,137 | +15.4% |
| Other amounts receivable | 41 | €17,433 | €10,495 | -€6,937 | -39.8% |
| Cash at bank and in hand | 54/58 | €110,770 | €158,201 | +€47,431 | +42.8% |
| Deferred charges and accrued income | 490/1 | €8,187 | €8,243 | +€56 | +0.7% |
| Total equity and liabilities | 10/49 | €199,958 | €247,446 | +€47,489 | +23.7% |
| Equity | 10/15 | €107,088 | €75,703 | -€31,385 | -29.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €88,488 | €57,103 | -€31,385 | -35.5% |
| Distributable reserves | 133 | €88,488 | €57,103 | -€31,385 | -35.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €92,870 | €171,743 | +€78,874 | +84.9% |
| Amounts payable after more than one year | 17 | - | €90,394 | +€90,394 | |
| Financial debts | 170/4 | - | €90,394 | +€90,394 | |
| Amounts payable within one year | 42/48 | €92,870 | €81,349 | -€11,521 | -12.4% |
| Current portion of amounts payable after more than one year | 42 | - | €29,753 | +€29,753 | |
| Trade debts | 44 | €34,913 | €39,096 | +€4,183 | +12.0% |
| Suppliers | 440/4 | €34,913 | €39,096 | +€4,183 | +12.0% |
| Taxes, remuneration and social security | 45 | €23,241 | €0 | -€23,241 | -100% |
| Taxes | 450/3 | €5,686 | €0 | -€5,686 | -100% |
| Remuneration and social security | 454/9 | €17,555 | €0 | -€17,555 | -100% |
| Other amounts payable | 47/48 | €34,716 | €12,500 | -€22,216 | -64.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €74,297 | €59,156 | -€15,142 | -20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,781 | €2,147 | +€367 | +20.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,655 | €1,615 | -€1,040 | -39.2% |
| Other operating charges | 640/8 | €807 | €1,520 | +€712 | +88.3% |
| Gross operating margin | 9900 | €137,060 | €112,009 | -€25,051 | -18.3% |
| Operating profit (loss) | 9901 | €57,520 | €47,572 | -€9,948 | -17.3% |
| Financial income | 75/76B | €103 | €148 | +€45 | +44.0% |
| Recurring financial income | 75 | €103 | €148 | +€45 | +44.0% |
| Financial charges | 65/66B | €402 | €1,478 | +€1,075 | +267% |
| Recurring financial charges | 65 | €402 | €1,478 | +€1,075 | +267% |
| Profit (loss) for the period before taxes | 9903 | €57,221 | €46,242 | -€10,978 | -19.2% |
| Income taxes | 67/77 | €10,196 | €9,019 | -€1,178 | -11.6% |
| Profit (loss) for the period | 9904 | €47,024 | €37,224 | -€9,801 | -20.8% |
| Profit (loss) for the period to be appropriated | 9905 | €47,024 | €37,224 | -€9,801 | -20.8% |
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 27 October 2026 via checked.be.