NEKTARI: what changed
What changed
NEKTARI
NACE 88.993, Social work activities without accommodation
filed annual accounts (NBB)
Net result for the year
€97,311
2024 · €598,608-€501,297
Equity
€25.4m
2024 · €25.4m-€19,722
Cash
€4.1m
2024 · €6.2m-€2.2m
Balance sheet total
€36.8m
2024 · €35.5m+€1.4m
Largest movements
Assets
- Tangible fixed assets +€3.6m
up €3.6m (+21.7%), from €16.8m to €20.5m
of which Assets under construction and advance payments: +€3.8m
- Cash -€2.2m
down €2.2m (-34.6%), from €6.2m to €4.1m
mainly Investment in fixed assets (net) (-€4.8m) and Debts within one year (-€898,248)
- Stocks and contracts -€550,771
down €550,771 (-29.4%), from €1.9m to €1.3m
of which Contracts in progress: -€566,276
- Receivables within one year +€386,876
up €386,876 (+9.4%), from €4.1m to €4.5m
of which Other amounts receivable: +€1.1m
Equity and liabilities
- Debts after one year +€2.1m
up €2.1m (+80.6%), from €2.6m to €4.8m
- Debts within one year -€898,248
down €898,248 (-14.5%), from €6.2m to €5.3m
of which Tax, wage and social debts: -€614,046
Income statement
- Turnover -€2.3m
down €2.3m (-16.1%), from €14.1m to €11.8m
- Services and other goods -€880,001
down €880,001 (-21.5%), from €4.1m to €3.2m
- Staff costs +€560,011
up €560,011 (+2.2%), from €25.3m to €25.8m
- Goods and materials +€310,719
up €310,719 (+6.9%), from €4.5m to €4.8m
of which Change in stocks: decrease (increase): +€2.1m
- Other operating charges -€164,867
down €164,867 (-45.7%), from €360,735 to €195,867
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.
Result 2024
€598,608
Turnover
-€2.3m
Other operating income
+€90,392
Goods and materials
-€310,719
Services and other goods
+€880,001
Staff costs
-€560,011
Depreciation
-€109,568
Write-downs
-€36,741
Other operating charges
+€164,867
Other operating items
+€1.8m
Financial income
-€108,249
Financial charges
-€40,386
Taxes
+€22,428
Result 2025
€97,311
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€668,328
Investment
-€4.8m
Financing
+€2.0m
Cash 2024
€6.2m
From operations (derived)
+€668,328
Net result for the year
+€97,311
Depreciation
+€1.2m
Receivables after one year
+€20,229
Stocks and contracts
+€550,771
Receivables within one year
-€386,876
Deferred charges and accrued income
-€126,380
Provisions
+€237,125
Debts within one year
-€898,248
Accrued charges and deferred income
-€54,768
Investment (derived)
-€4.8m
Investment in fixed assets (net)
-€4.8m
Current investments
-€55,850
Financing
+€2.0m
Debts after one year
+€2.1m
Contributions, distributions and other
-€117,034
Cash 2025
€4.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,451,311 | €36,837,953 | +€1.4m | +3.9% |
| Fixed assets | 21/28 | €19,186,898 | €22,737,976 | +€3.6m | +18.5% |
| Intangible fixed assets | 21 | €491,469 | €392,873 | -€98,596 | -20.1% |
| Tangible fixed assets | 22/27 | €16,821,268 | €20,470,597 | +€3.6m | +21.7% |
| Land and buildings | 22 | €14,942,697 | €14,861,346 | -€81,350 | -0.5% |
| Plant, machinery and equipment | 23 | €1,372,559 | €1,272,146 | -€100,413 | -7.3% |
| Furniture and vehicles | 24 | €167,253 | €177,852 | +€10,599 | +6.3% |
| Assets under construction and advance payments | 27 | €338,759 | €4,159,253 | +€3.8m | +1,128% |
| Financial fixed assets | 28 | €1,874,161 | €1,874,506 | +€346 | 0.0% |
| Affiliated companies | 280/1 | €1,789,278 | €1,789,278 | = | 0.0% |
| Participating interests | 280 | €4,278 | €4,278 | = | 0.0% |
| Amounts receivable | 281 | €1,785,000 | €1,785,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €84,883 | €85,228 | +€346 | +0.4% |
| Amounts receivable and cash guarantees | 285/8 | €84,883 | €85,228 | +€346 | +0.4% |
| Current assets | 29/58 | €16,264,413 | €14,099,976 | -€2.2m | -13.3% |
| Amounts receivable after more than one year | 29 | €50,000 | €29,771 | -€20,229 | -40.5% |
| Other amounts receivable | 291 | €50,000 | €29,771 | -€20,229 | -40.5% |
| Stocks and contracts in progress | 3 | €1,873,694 | €1,322,923 | -€550,771 | -29.4% |
| Stocks | 30/36 | €226,280 | €241,785 | +€15,505 | +6.9% |
| Raw materials and consumables | 30/31 | €226,280 | €241,785 | +€15,505 | +6.9% |
| Contracts in progress | 37 | €1,647,414 | €1,081,138 | -€566,276 | -34.4% |
| Amounts receivable within one year | 40/41 | €4,122,472 | €4,509,349 | +€386,876 | +9.4% |
| Trade receivables | 40 | €3,822,665 | €3,131,013 | -€691,652 | -18.1% |
| Other amounts receivable | 41 | €299,807 | €1,378,335 | +€1.1m | +360% |
| Current investments | 50/53 | €3,772,023 | €3,827,873 | +€55,850 | +1.5% |
| Cash at bank and in hand | 54/58 | €6,248,394 | €4,085,850 | -€2.2m | -34.6% |
| Deferred charges and accrued income | 490/1 | €197,829 | €324,210 | +€126,380 | +63.9% |
| Total equity and liabilities | 10/49 | €35,451,311 | €36,837,953 | +€1.4m | +3.9% |
| Equity | 10/15 | €25,388,341 | €25,368,618 | -€19,722 | -0.1% |
| Contributions | 10/11 | €833,962 | €833,962 | = | 0.0% |
| Capital | 10 | €833,962 | €833,962 | = | 0.0% |
| Reserves | 13 | €22,940,417 | €23,050,437 | +€110,020 | +0.5% |
| Investment grants | 15 | €1,613,961 | €1,484,219 | -€129,742 | -8.0% |
| Provisions and deferred taxes | 16 | €1,157,381 | €1,394,506 | +€237,125 | +20.5% |
| Provisions for liabilities and charges | 160/5 | €1,157,381 | €1,394,506 | +€237,125 | +20.5% |
| Pensions and similar obligations | 160 | €0 | €0 | = | |
| Major repairs and maintenance | 162 | €962,481 | €1,204,598 | +€242,116 | +25.2% |
| Other liabilities and charges | 164/5 | €194,900 | €189,908 | -€4,992 | -2.6% |
| Amounts payable | 17/49 | €8,905,589 | €10,074,829 | +€1.2m | +13.1% |
| Amounts payable after more than one year | 17 | €2,634,358 | €4,756,615 | +€2.1m | +80.6% |
| Financial debts | 170/4 | €2,634,358 | €4,756,615 | +€2.1m | +80.6% |
| Credit institutions | 173 | €2,634,358 | €4,756,615 | +€2.1m | +80.6% |
| Amounts payable within one year | 42/48 | €6,215,648 | €5,317,400 | -€898,248 | -14.5% |
| Current portion of amounts payable after more than one year | 42 | €418,212 | €631,077 | +€212,865 | +50.9% |
| Trade debts | 44 | €1,301,839 | €966,600 | -€335,239 | -25.8% |
| Suppliers | 440/4 | €1,301,839 | €966,600 | -€335,239 | -25.8% |
| Taxes, remuneration and social security | 45 | €4,147,688 | €3,533,642 | -€614,046 | -14.8% |
| Taxes | 450/3 | €323,157 | €289,152 | -€34,005 | -10.5% |
| Remuneration and social security | 454/9 | €3,824,532 | €3,244,491 | -€580,041 | -15.2% |
| Accrued charges and deferred income | 492/3 | €55,583 | €815 | -€54,768 | -98.5% |
| Operating income | 70/76A | €35,553,646 | €35,757,169 | +€203,523 | +0.6% |
| Turnover | 70 | €14,064,959 | €11,798,237 | -€2.3m | -16.1% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €743,437 | €1,532,901 | +€789,463 | +106% |
| Own construction capitalised | 72 | €491,059 | €0 | -€491,059 | -100% |
| Membership fees, donations, legacies and grants | 73 | €18,064,825 | €20,146,273 | +€2.1m | +11.5% |
| Other operating income | 74 | €2,189,367 | €2,279,758 | +€90,392 | +4.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €34,971,048 | €35,549,662 | +€578,614 | +1.7% |
| Goods for resale, raw materials and consumables | 60 | €4,509,934 | €4,820,653 | +€310,719 | +6.9% |
| Purchases | 600/8 | €4,548,370 | €2,736,981 | -€1.8m | -39.8% |
| Change in stocks: decrease (increase) | 609 | -€38,436 | €2,083,672 | +€2.1m | |
| Services and other goods | 61 | €4,084,192 | €3,204,190 | -€880,001 | -21.5% |
| Remuneration, social security and pensions | 62 | €25,265,910 | €25,825,921 | +€560,011 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,119,597 | €1,229,165 | +€109,568 | +9.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €36,741 | +€36,741 | |
| Other operating charges | 640/8 | €360,735 | €195,867 | -€164,867 | -45.7% |
| Operating profit (loss) | 9901 | €582,598 | €207,507 | -€375,091 | -64.4% |
| Financial income | 75/76B | €190,547 | €82,299 | -€108,249 | -56.8% |
| Recurring financial income | 75 | €190,547 | €82,299 | -€108,249 | -56.8% |
| Income from financial fixed assets | 750 | €150,727 | €27,798 | -€122,929 | -81.6% |
| Income from current assets | 751 | €8,017 | €15,077 | +€7,060 | +88.1% |
| Other financial income | 752/9 | €31,803 | €39,424 | +€7,620 | +24.0% |
| Financial charges | 65/66B | €139,690 | €180,076 | +€40,386 | +28.9% |
| Recurring financial charges | 65 | €139,690 | €180,076 | +€40,386 | +28.9% |
| Debt charges | 650 | €122,646 | €136,404 | +€13,759 | +11.2% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€23,861 | -€5,306 | +€18,555 | +77.8% |
| Other financial charges | 652/9 | €40,906 | €48,978 | +€8,072 | +19.7% |
| Profit (loss) for the period before taxes | 9903 | €633,455 | €109,730 | -€523,725 | -82.7% |
| Income taxes | 67/77 | €34,847 | €12,419 | -€22,428 | -64.4% |
| Taxes | 670/3 | €34,847 | €12,419 | -€22,428 | -64.4% |
| Profit (loss) for the period | 9904 | €598,608 | €97,311 | -€501,297 | -83.7% |
| Profit (loss) for the period to be appropriated | 9905 | €598,608 | €97,311 | -€501,297 | -83.7% |
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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 4 November 2026 via checked.be.