NELGERTHOST: 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.
NELGERTHOST
Largest movements
- Tangible fixed assets +€82,428
up €82,428 (+11.8%), from €697,107 to €779,535
- Other debts +€107,444
up €107,444 (+11,641%), from €923 to €108,367
- Reserves -€20,737
down €20,737 (-33.6%), from €61,767 to €41,030
- Depreciation +€9,579
up €9,579 (+74.5%), from €12,858 to €22,437
- Gross operating margin -€3,708
down €3,708 (-45.1%), from €8,215 to €4,508
- Other operating charges +€224
up €224 (+8.8%), from €2,527 to €2,750
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 | €723,784 | €806,000 | +€82,216 | +11.4% |
| Fixed assets | 21/28 | €697,107 | €779,535 | +€82,428 | +11.8% |
| Tangible fixed assets | 22/27 | €697,107 | €779,535 | +€82,428 | +11.8% |
| Land and buildings | 22 | €697,107 | €779,535 | +€82,428 | +11.8% |
| Current assets | 29/58 | €26,677 | €26,464 | -€212 | -0.8% |
| Amounts receivable within one year | 40/41 | €2,500 | €0 | -€2,500 | -100% |
| Other amounts receivable | 41 | €2,500 | €0 | -€2,500 | -100% |
| Cash at bank and in hand | 54/58 | €24,177 | €26,464 | +€2,288 | +9.5% |
| Total equity and liabilities | 10/49 | €723,784 | €806,000 | +€82,216 | +11.4% |
| Equity | 10/15 | €549,660 | €528,924 | -€20,737 | -3.8% |
| Contributions | 10/11 | €487,894 | €487,894 | = | 0.0% |
| Reserves | 13 | €61,767 | €41,030 | -€20,737 | -33.6% |
| Distributable reserves | 133 | €61,767 | €41,030 | -€20,737 | -33.6% |
| Amounts payable | 17/49 | €174,123 | €277,076 | +€102,953 | +59.1% |
| Amounts payable after more than one year | 17 | €167,380 | €167,380 | = | 0.0% |
| Financial debts | 170/4 | €167,380 | €167,380 | = | 0.0% |
| Amounts payable within one year | 42/48 | €6,743 | €109,696 | +€102,953 | +1,527% |
| Trade debts | 44 | €5,820 | €1,329 | -€4,491 | -77.2% |
| Suppliers | 440/4 | €5,820 | €1,329 | -€4,491 | -77.2% |
| Other amounts payable | 47/48 | €923 | €108,367 | +€107,444 | +11,641% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,858 | €22,437 | +€9,579 | +74.5% |
| Other operating charges | 640/8 | €2,527 | €2,750 | +€224 | +8.8% |
| Gross operating margin | 9900 | €8,215 | €4,508 | -€3,708 | -45.1% |
| Operating profit (loss) | 9901 | -€7,170 | -€20,680 | -€13,510 | -188% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €44 | €57 | +€14 | +31.1% |
| Recurring financial charges | 65 | €44 | €57 | +€14 | +31.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,213 | -€20,737 | -€13,523 | -187% |
| Profit (loss) for the period | 9904 | -€7,213 | -€20,737 | -€13,523 | -187% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,213 | -€20,737 | -€13,523 | -187% |
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 20 October 2026 via checked.be.