NELIA: 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.
NELIA
Largest movements
- Cash -€22,328
down €22,328 (-44.6%), from €50,082 to €27,754
mainly Tax, wage and social debts (-€20,781) and Net result for the year (-€9,629)
- Receivables within one year -€8,167
down €8,167 (-100.0%), from €8,167 to €0
of which Trade receivables: -€8,167
- Tax, wage and social debts -€20,781
down €20,781 (-93.9%), from €22,141 to €1,360
of which Remuneration and social security: -€11,993
- Profit (loss) carried forward -€9,629
down €9,629 (-78.8%), from -€12,212 to -€21,841
- Staff costs -€170,898
down €170,898 (-99.8%), from €171,251 to €352
- Gross operating margin -€136,816
down €136,816, from €128,353 to -€8,463
- Financial charges -€12,888
down €12,888 (-93.7%), from €13,754 to €866
of which Financial charges: -€12,336
- Write-downs -€10,851
no longer reported in 2025 (was €10,851)
- Financial income -€7,252
no longer reported in 2025 (was €7,252)
of which Non-recurring financial income: -€6,973
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €58,733 | €27,754 | -€30,980 | -52.7% |
| Fixed assets | 21/28 | €363 | €0 | -€363 | -100.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €363 | €0 | -€363 | -100.0% |
| Current assets | 29/58 | €58,370 | €27,754 | -€30,617 | -52.5% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Stocks | 30/36 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €8,167 | €0 | -€8,167 | -100.0% |
| Trade receivables | 40 | €8,167 | €0 | -€8,167 | -100.0% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €50,082 | €27,754 | -€22,328 | -44.6% |
| Deferred charges and accrued income | 490/1 | €121 | €0 | -€121 | -100.0% |
| Total equity and liabilities | 10/49 | €58,733 | €27,754 | -€30,980 | -52.7% |
| Equity | 10/15 | €2,048 | -€7,581 | -€9,629 | |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€12,212 | -€21,841 | -€9,629 | -78.8% |
| Amounts payable | 17/49 | €56,686 | €35,335 | -€21,351 | -37.7% |
| Amounts payable within one year | 42/48 | €56,686 | €35,335 | -€21,351 | -37.7% |
| Trade debts | 44 | €2,780 | €2,517 | -€263 | -9.5% |
| Suppliers | 440/4 | €2,780 | €2,517 | -€263 | -9.5% |
| Taxes, remuneration and social security | 45 | €22,141 | €1,360 | -€20,781 | -93.9% |
| Taxes | 450/3 | €9,942 | €1,154 | -€8,788 | -88.4% |
| Remuneration and social security | 454/9 | €12,199 | €206 | -€11,993 | -98.3% |
| Other amounts payable | 47/48 | €31,765 | €31,457 | -€307 | -1.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €2,697 | - | -€2,697 | |
| Remuneration, social security and pensions | 62 | €171,251 | €352 | -€170,898 | -99.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €401 | - | -€401 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,851 | - | -€10,851 | |
| Other operating charges | 640/8 | €507 | - | -€507 | |
| Gross operating margin | 9900 | €128,353 | -€8,463 | -€136,816 | |
| Operating profit (loss) | 9901 | -€54,657 | -€8,816 | +€45,842 | +83.9% |
| Financial income | 75/76B | €7,252 | - | -€7,252 | |
| Recurring financial income | 75 | €279 | - | -€279 | |
| Non-recurring financial income | 76B | €6,973 | - | -€6,973 | |
| Financial charges | 65/66B | €13,754 | €866 | -€12,888 | -93.7% |
| Recurring financial charges | 65 | €13,202 | €866 | -€12,336 | -93.4% |
| Non-recurring financial charges | 66B | €552 | - | -€552 | |
| Profit (loss) for the period before taxes | 9903 | -€61,159 | -€9,682 | +€51,477 | +84.2% |
| Income taxes | 67/77 | €272 | -€53 | -€325 | |
| Profit (loss) for the period | 9904 | -€61,431 | -€9,629 | +€51,802 | +84.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€61,431 | -€9,629 | +€51,802 | +84.3% |
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 7 October 2026 via checked.be.