NEKTO: 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.
What changed
NEKTO
NACE 88.993, Social work activities without accommodation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€172,066
2024 · -€118,224-€53,842
Equity
€5.3m
2024 · €5.4m-€179,746
Cash
€2.2m
2024 · €1.2m+€1.0m
Balance sheet total
€11.8m
2024 · €11.6m+€249,961
Largest movements
Assets
- Cash +€1.0m
up €1.0m (+86.8%), from €1.2m to €2.2m
mainly Current investments (+€950,000) and Provisions (+€888,443)
- Current investments -€950,000
down €950,000 (-55.9%), from €1.7m to €750,000
- Receivables within one year -€247,533
down €247,533 (-15.1%), from €1.6m to €1.4m
of which Trade receivables: -€161,859
- Deferred charges and accrued income +€222,193
up €222,193 (+430.0%), from €51,671 to €273,864
- Tangible fixed assets +€200,602
up €200,602 (+3.1%), from €6.5m to €6.7m
of which Plant, machinery and equipment: +€280,089
Equity and liabilities
- Provisions +€888,443
up €888,443 (+220.2%), from €403,480 to €1.3m
- Debts within one year -€330,148
down €330,148 (-7.9%), from €4.2m to €3.8m
of which Trade debts: -€265,251
- Profit (loss) carried forward -€172,066
down €172,066 (-3.4%), from €5.1m to €4.9m
- Debts after one year -€129,786
down €129,786 (-8.3%), from €1.6m to €1.4m
Income statement
- Other operating income +€824,031
up €824,031 (+10.7%), from €7.7m to €8.5m
- Turnover +€76,820
up €76,820 (+1.0%), from €7.5m to €7.5m
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.
Result 2024
-€118,224
Turnover
+€76,820
Other operating income
+€824,031
Goods and materials
-€73,322
Services and other goods
+€20,980
Staff costs
-€10,796
Depreciation
-€31,185
Other operating charges
-€7,717
Other operating items
-€841,657
Financial income
-€8,140
Financial charges
-€2,855
Result 2025
-€172,066
Cash bridge derived
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.
From operations
+€1.1m
Investment
+€34,030
Financing
-€137,466
Cash 2024
€1.2m
From operations (derived)
+€1.1m
Net result for the year
-€172,066
Depreciation
+€698,283
Stocks and contracts
-€5,612
Receivables within one year
+€247,533
Deferred charges and accrued income
-€222,193
Provisions
+€888,443
Debts within one year
-€330,148
Accrued charges and deferred income
+€1,197
Investment (derived)
+€34,030
Investment in fixed assets (net)
-€915,971
Current investments
+€950,000
Financing
-€137,466
Debts after one year
-€129,786
Contributions, distributions and other
-€7,680
Cash 2025
€2.2m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,587,563 | €11,837,523 | +€249,961 | +2.2% |
| Fixed assets | 21/28 | €6,551,282 | €6,768,970 | +€217,688 | +3.3% |
| Intangible fixed assets | 21 | €11,638 | €28,953 | +€17,315 | +148.8% |
| Tangible fixed assets | 22/27 | €6,524,566 | €6,725,168 | +€200,602 | +3.1% |
| Land and buildings | 22 | €4,693,386 | €4,567,342 | -€126,045 | -2.7% |
| Plant, machinery and equipment | 23 | €1,238,901 | €1,518,990 | +€280,089 | +22.6% |
| Furniture and vehicles | 24 | €243,542 | €307,906 | +€64,364 | +26.4% |
| Assets under construction and advance payments | 27 | €348,736 | €330,930 | -€17,806 | -5.1% |
| Financial fixed assets | 28 | €15,079 | €14,850 | -€229 | -1.5% |
| Other financial fixed assets | 284/8 | €15,079 | €14,850 | -€229 | -1.5% |
| Amounts receivable and cash guarantees | 285/8 | €15,079 | €14,850 | -€229 | -1.5% |
| Current assets | 29/58 | €5,036,280 | €5,068,553 | +€32,273 | +0.6% |
| Stocks and contracts in progress | 3 | €494,915 | €500,527 | +€5,612 | +1.1% |
| Stocks | 30/36 | €494,915 | €500,527 | +€5,612 | +1.1% |
| Raw materials and consumables | 30/31 | €378,874 | €349,746 | -€29,128 | -7.7% |
| Finished goods | 33 | €103,406 | €137,976 | +€34,570 | +33.4% |
| Goods purchased for resale | 34 | €12,635 | €12,804 | +€169 | +1.3% |
| Amounts receivable within one year | 40/41 | €1,635,896 | €1,388,363 | -€247,533 | -15.1% |
| Trade receivables | 40 | €1,361,774 | €1,199,915 | -€161,859 | -11.9% |
| Other amounts receivable | 41 | €274,122 | €188,448 | -€85,674 | -31.3% |
| Current investments | 50/53 | €1,700,000 | €750,000 | -€950,000 | -55.9% |
| Cash at bank and in hand | 54/58 | €1,153,798 | €2,155,800 | +€1.0m | +86.8% |
| Deferred charges and accrued income | 490/1 | €51,671 | €273,864 | +€222,193 | +430.0% |
| Total equity and liabilities | 10/49 | €11,587,563 | €11,837,523 | +€249,961 | +2.2% |
| Equity | 10/15 | €5,449,324 | €5,269,578 | -€179,746 | -3.3% |
| Profit (loss) carried forward | 14 | €5,112,709 | €4,940,643 | -€172,066 | -3.4% |
| Investment grants | 15 | €336,615 | €328,934 | -€7,680 | -2.3% |
| Provisions and deferred taxes | 16 | €403,480 | €1,291,924 | +€888,443 | +220.2% |
| Provisions for liabilities and charges | 160/5 | €403,480 | €1,291,924 | +€888,443 | +220.2% |
| Major repairs and maintenance | 162 | €73,000 | €55,020 | -€17,980 | -24.6% |
| Other liabilities and charges | 164/5 | €330,481 | €1,236,904 | +€906,423 | +274.3% |
| Amounts payable | 17/49 | €5,734,759 | €5,276,022 | -€458,737 | -8.0% |
| Amounts payable after more than one year | 17 | €1,563,813 | €1,434,027 | -€129,786 | -8.3% |
| Financial debts | 170/4 | €1,563,813 | €1,434,027 | -€129,786 | -8.3% |
| Credit institutions | 173 | €1,563,813 | €1,434,027 | -€129,786 | -8.3% |
| Amounts payable within one year | 42/48 | €4,169,208 | €3,839,060 | -€330,148 | -7.9% |
| Current portion of amounts payable after more than one year | 42 | €128,829 | €129,786 | +€957 | +0.7% |
| Trade debts | 44 | €715,515 | €450,264 | -€265,251 | -37.1% |
| Suppliers | 440/4 | €715,515 | €450,264 | -€265,251 | -37.1% |
| Advances received on contracts in progress | 46 | €61,881 | €34,836 | -€27,045 | -43.7% |
| Taxes, remuneration and social security | 45 | €2,061,459 | €2,019,459 | -€42,000 | -2.0% |
| Taxes | 450/3 | €220,856 | €309,046 | +€88,189 | +39.9% |
| Remuneration and social security | 454/9 | €1,840,603 | €1,710,414 | -€130,189 | -7.1% |
| Accrued charges and deferred income | 492/3 | €1,738 | €2,935 | +€1,197 | +68.9% |
| Operating income | 70/76A | €15,101,134 | €16,093,040 | +€991,906 | +6.6% |
| Turnover | 70 | €7,468,888 | €7,545,708 | +€76,820 | +1.0% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€43,967 | €34,570 | +€78,537 | |
| Other operating income | 74 | €7,676,214 | €8,500,244 | +€824,031 | +10.7% |
| Non-recurring operating income | 76A | - | €12,518 | +€12,518 | |
| Operating charges | 60/66A | €15,294,341 | €16,329,093 | +€1.0m | +6.8% |
| Goods for resale, raw materials and consumables | 60 | €2,312,524 | €2,385,846 | +€73,322 | +3.2% |
| Purchases | 600/8 | €2,295,135 | €2,356,888 | +€61,753 | +2.7% |
| Change in stocks: decrease (increase) | 609 | €17,390 | €28,959 | +€11,569 | +66.5% |
| Services and other goods | 61 | €1,123,366 | €1,102,386 | -€20,980 | -1.9% |
| Remuneration, social security and pensions | 62 | €11,202,307 | €11,213,103 | +€10,796 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €667,098 | €698,283 | +€31,185 | +4.7% |
| Other operating charges | 640/8 | €33,315 | €41,032 | +€7,717 | +23.2% |
| Non-recurring operating charges | 66A | €250 | - | -€250 | |
| Operating profit (loss) | 9901 | -€193,206 | -€236,053 | -€42,847 | -22.2% |
| Financial income | 75/76B | €88,717 | €80,576 | -€8,140 | -9.2% |
| Recurring financial income | 75 | €88,717 | €80,576 | -€8,140 | -9.2% |
| Income from financial fixed assets | 750 | €2 | €8 | +€6 | +291.3% |
| Income from current assets | 751 | €39,775 | €29,327 | -€10,448 | -26.3% |
| Other financial income | 752/9 | €48,939 | €51,241 | +€2,302 | +4.7% |
| Financial charges | 65/66B | €13,734 | €16,589 | +€2,855 | +20.8% |
| Recurring financial charges | 65 | €13,734 | €16,589 | +€2,855 | +20.8% |
| Debt charges | 650 | €13,348 | €12,292 | -€1,056 | -7.9% |
| Other financial charges | 652/9 | €387 | €4,298 | +€3,911 | +1011.8% |
| Profit (loss) for the period before taxes | 9903 | -€118,224 | -€172,066 | -€53,842 | -45.5% |
| Profit (loss) for the period | 9904 | -€118,224 | -€172,066 | -€53,842 | -45.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€118,224 | -€172,066 | -€53,842 | -45.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.