NEFES TECHNICS: what changed
NEFES TECHNICS
Largest movements
- Receivables within one year +€5,283
up €5,283 (+580%), from €911 to €6,195
of which Other amounts receivable: +€4,294
- Cash -€4,161
down €4,161 (-49.9%), from €8,343 to €4,182
mainly Investment in fixed assets (net) (-€19,726) and Net result for the year (-€15,934)
- Tangible fixed assets -€2,201
down €2,201 (-2.9%), from €75,250 to €73,048
of which Furniture and vehicles: -€16,592
- Trade debts +€33,841
up €33,841 (+4,864%), from €696 to €34,536
- Profit (loss) carried forward -€15,934
down €15,934 (-678%), from -€2,350 to -€18,284
- Debts after one year -€11,831
down €11,831 (-44.9%), from €26,358 to €14,527
- Tax, wage and social debts -€7,801
down €7,801 (-84.1%), from €9,271 to €1,470
- Gross operating margin -€15,129
down €15,129 (-54.5%), from €27,760 to €12,631
- Depreciation -€2,429
down €2,429 (-10.0%), from €24,355 to €21,927
- Other operating charges +€2,161
up €2,161 (+94.4%), from €2,290 to €4,451
- Taxes -€1,077
down €1,077 (-84.6%), from €1,273 to €196
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €84,504 | €83,425 | -€1,079 | -1.3% |
| Fixed assets | 21/28 | €75,250 | €73,048 | -€2,201 | -2.9% |
| Tangible fixed assets | 22/27 | €75,250 | €73,048 | -€2,201 | -2.9% |
| Plant, machinery and equipment | 23 | €6,787 | €21,881 | +€15,094 | +222% |
| Furniture and vehicles | 24 | €65,889 | €49,298 | -€16,592 | -25.2% |
| Other tangible fixed assets | 26 | €2,573 | €1,870 | -€704 | -27.3% |
| Current assets | 29/58 | €9,254 | €10,377 | +€1,123 | +12.1% |
| Amounts receivable within one year | 40/41 | €911 | €6,195 | +€5,283 | +580% |
| Trade receivables | 40 | €907 | €1,897 | +€990 | +109% |
| Other amounts receivable | 41 | €4 | €4,298 | +€4,294 | +96,487% |
| Cash at bank and in hand | 54/58 | €8,343 | €4,182 | -€4,161 | -49.9% |
| Total equity and liabilities | 10/49 | €84,504 | €83,425 | -€1,079 | -1.3% |
| Equity | 10/15 | €29,654 | €13,720 | -€15,934 | -53.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €27,004 | €27,004 | = | 0.0% |
| Distributable reserves | 133 | €27,004 | €27,004 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,350 | -€18,284 | -€15,934 | -678% |
| Amounts payable | 17/49 | €54,850 | €69,705 | +€14,856 | +27.1% |
| Amounts payable after more than one year | 17 | €26,358 | €14,527 | -€11,831 | -44.9% |
| Financial debts | 170/4 | €26,358 | €14,527 | -€11,831 | -44.9% |
| Amounts payable within one year | 42/48 | €28,492 | €55,178 | +€26,686 | +93.7% |
| Current portion of amounts payable after more than one year | 42 | €11,285 | €11,831 | +€546 | +4.8% |
| Trade debts | 44 | €696 | €34,536 | +€33,841 | +4,864% |
| Suppliers | 440/4 | €696 | €34,536 | +€33,841 | +4,864% |
| Taxes, remuneration and social security | 45 | €9,271 | €1,470 | -€7,801 | -84.1% |
| Taxes | 450/3 | €9,271 | €1,470 | -€7,801 | -84.1% |
| Other amounts payable | 47/48 | €7,241 | €7,342 | +€101 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,355 | €21,927 | -€2,429 | -10.0% |
| Other operating charges | 640/8 | €2,290 | €4,451 | +€2,161 | +94.4% |
| Gross operating margin | 9900 | €27,760 | €12,631 | -€15,129 | -54.5% |
| Operating profit (loss) | 9901 | €1,114 | -€13,748 | -€14,862 | |
| Financial income | 75/76B | €6 | €27 | +€21 | +353% |
| Recurring financial income | 75 | €6 | €27 | +€21 | +353% |
| Financial charges | 65/66B | €2,197 | €2,017 | -€180 | -8.2% |
| Recurring financial charges | 65 | €2,197 | €2,017 | -€180 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,077 | -€15,738 | -€14,661 | -1,362% |
| Income taxes | 67/77 | €1,273 | €196 | -€1,077 | -84.6% |
| Profit (loss) for the period | 9904 | -€2,350 | -€15,934 | -€13,584 | -578% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,350 | -€15,934 | -€13,584 | -578% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.