NECTAR: 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.
NECTAR
Largest movements
- Receivables within one year +€26,316
up €26,316 (+90.9%), from €28,940 to €55,256
- Cash -€9,783
down €9,783 (-15.9%), from €61,468 to €51,685
mainly Contributions, distributions and other (-€33,571) and Receivables within one year (-€26,316)
- Tangible fixed assets +€1,911
up €1,911 (+26.5%), from €7,210 to €9,121
of which Land and buildings: +€1,284
- Other debts +€23,500
new in 2025: €23,500
- Tax, wage and social debts -€4,948
down €4,948 (-16.2%), from €30,542 to €25,595
of which Taxes: -€3,035
- Trade debts -€4,699
down €4,699 (-95.7%), from €4,909 to €210
- Reserves +€4,591
up €4,591 (+9.4%), from €48,754 to €53,344
of which Distributable reserves: +€4,591
- Gross operating margin -€21,138
down €21,138 (-14.4%), from €146,889 to €125,751
- Staff costs -€10,783
down €10,783 (-13.5%), from €79,976 to €69,193
- Financial income +€1,480
up €1,480 (+121%), from €1,227 to €2,707
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 | €102,805 | €121,249 | +€18,444 | +17.9% |
| Fixed assets | 21/28 | €11,147 | €13,059 | +€1,911 | +17.1% |
| Tangible fixed assets | 22/27 | €7,210 | €9,121 | +€1,911 | +26.5% |
| Land and buildings | 22 | €6,510 | €7,794 | +€1,284 | +19.7% |
| Plant, machinery and equipment | 23 | €699 | €460 | -€240 | -34.3% |
| Furniture and vehicles | 24 | - | €867 | +€867 | |
| Financial fixed assets | 28 | €3,938 | €3,938 | = | 0.0% |
| Current assets | 29/58 | €91,658 | €108,190 | +€16,533 | +18.0% |
| Stocks and contracts in progress | 3 | €1,250 | €1,250 | = | 0.0% |
| Stocks | 30/36 | €1,250 | €1,250 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €28,940 | €55,256 | +€26,316 | +90.9% |
| Other amounts receivable | 41 | €28,940 | €55,256 | +€26,316 | +90.9% |
| Cash at bank and in hand | 54/58 | €61,468 | €51,685 | -€9,783 | -15.9% |
| Total equity and liabilities | 10/49 | €102,805 | €121,249 | +€18,444 | +17.9% |
| Equity | 10/15 | €67,354 | €71,944 | +€4,591 | +6.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €48,754 | €53,344 | +€4,591 | +9.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €46,894 | €51,484 | +€4,591 | +9.8% |
| Amounts payable | 17/49 | €35,451 | €49,305 | +€13,853 | +39.1% |
| Amounts payable within one year | 42/48 | €35,451 | €49,305 | +€13,853 | +39.1% |
| Trade debts | 44 | €4,909 | €210 | -€4,699 | -95.7% |
| Suppliers | 440/4 | €4,909 | €210 | -€4,699 | -95.7% |
| Taxes, remuneration and social security | 45 | €30,542 | €25,595 | -€4,948 | -16.2% |
| Taxes | 450/3 | €24,434 | €21,398 | -€3,035 | -12.4% |
| Remuneration and social security | 454/9 | €6,109 | €4,196 | -€1,912 | -31.3% |
| Other amounts payable | 47/48 | - | €23,500 | +€23,500 | |
| Remuneration, social security and pensions | 62 | €79,976 | €69,193 | -€10,783 | -13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,524 | €1,735 | +€210 | +13.8% |
| Other operating charges | 640/8 | €3,370 | €2,358 | -€1,012 | -30.0% |
| Gross operating margin | 9900 | €146,889 | €125,751 | -€21,138 | -14.4% |
| Operating profit (loss) | 9901 | €62,018 | €52,465 | -€9,553 | -15.4% |
| Financial income | 75/76B | €1,227 | €2,707 | +€1,480 | +121% |
| Recurring financial income | 75 | €1,227 | €2,707 | +€1,480 | +121% |
| Financial charges | 65/66B | €1,327 | €1,677 | +€351 | +26.4% |
| Recurring financial charges | 65 | €1,327 | €1,677 | +€351 | +26.4% |
| Profit (loss) for the period before taxes | 9903 | €61,919 | €53,494 | -€8,424 | -13.6% |
| Income taxes | 67/77 | €15,733 | €15,332 | -€401 | -2.5% |
| Profit (loss) for the period | 9904 | €46,186 | €38,162 | -€8,024 | -17.4% |
| Profit (loss) for the period to be appropriated | 9905 | €46,186 | €38,162 | -€8,024 | -17.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.