Nelis Development: 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.
Nelis Development
Largest movements
- Receivables within one year +€66,252
up €66,252 (+89.8%), from €73,739 to €139,991
of which Trade receivables: +€40,795
- Cash +€11,462
up €11,462 (+134.8%), from €8,505 to €19,967
mainly Net result for the year (+€96,734) and Other debts (+€3,010)
- Deferred charges and accrued income +€2,462
new in 2025: €2,462
- Reserves +€95,901
up €95,901 (+196.2%), from €48,882 to €144,783
- Tax, wage and social debts -€16,755
down €16,755 (-63.6%), from €26,333 to €9,578
- Other debts +€3,010
up €3,010 (+361.4%), from €833 to €3,843
- Trade debts -€1,981
down €1,981 (-38.1%), from €5,196 to €3,215
- Gross operating margin +€57,083
up €57,083 (+85.8%), from €66,497 to €123,581
- Taxes +€9,451
up €9,451 (+56.3%), from €16,796 to €26,247
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 | €82,244 | €162,419 | +€80,176 | +97.5% |
| Current assets | 29/58 | €82,244 | €162,419 | +€80,176 | +97.5% |
| Amounts receivable within one year | 40/41 | €73,739 | €139,991 | +€66,252 | +89.8% |
| Trade receivables | 40 | €19,360 | €60,155 | +€40,795 | +210.7% |
| Other amounts receivable | 41 | €54,379 | €79,836 | +€25,457 | +46.8% |
| Cash at bank and in hand | 54/58 | €8,505 | €19,967 | +€11,462 | +134.8% |
| Deferred charges and accrued income | 490/1 | - | €2,462 | +€2,462 | |
| Total equity and liabilities | 10/49 | €82,244 | €162,419 | +€80,176 | +97.5% |
| Equity | 10/15 | €49,882 | €145,783 | +€95,901 | +192.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €48,882 | €144,783 | +€95,901 | +196.2% |
| Distributable reserves | 133 | €48,882 | €144,783 | +€95,901 | +196.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €32,362 | €16,636 | -€15,726 | -48.6% |
| Amounts payable within one year | 42/48 | €32,362 | €16,636 | -€15,726 | -48.6% |
| Trade debts | 44 | €5,196 | €3,215 | -€1,981 | -38.1% |
| Suppliers | 440/4 | €5,196 | €3,215 | -€1,981 | -38.1% |
| Taxes, remuneration and social security | 45 | €26,333 | €9,578 | -€16,755 | -63.6% |
| Taxes | 450/3 | €26,333 | €9,578 | -€16,755 | -63.6% |
| Other amounts payable | 47/48 | €833 | €3,843 | +€3,010 | +361.4% |
| Other operating charges | 640/8 | - | €449 | +€449 | |
| Gross operating margin | 9900 | €66,497 | €123,581 | +€57,083 | +85.8% |
| Operating profit (loss) | 9901 | €66,497 | €123,131 | +€56,634 | +85.2% |
| Financial income | 75/76B | €30 | €1,062 | +€1,032 | +3423.7% |
| Recurring financial income | 75 | €30 | €1,062 | +€1,032 | +3423.7% |
| Financial charges | 65/66B | €17 | €1,212 | +€1,195 | +7099.8% |
| Recurring financial charges | 65 | €17 | €1,212 | +€1,195 | +7099.8% |
| Profit (loss) for the period before taxes | 9903 | €66,510 | €122,982 | +€56,471 | +84.9% |
| Income taxes | 67/77 | €16,796 | €26,247 | +€9,451 | +56.3% |
| Profit (loss) for the period | 9904 | €49,715 | €96,734 | +€47,020 | +94.6% |
| Profit (loss) for the period to be appropriated | 9905 | €49,715 | €96,734 | +€47,020 | +94.6% |
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 8 October 2026 via checked.be.