NELIS IT: 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 IT
Largest movements
- Receivables within one year +€51,654
up €51,654 (+158.7%), from €32,554 to €84,209
of which Other amounts receivable: +€53,033
- Cash -€4,437
down €4,437 (-29.8%), from €14,906 to €10,469
mainly Receivables within one year (-€51,654) and Current portion of long-term debt (-€6,000)
- Tangible fixed assets -€3,583
down €3,583 (-13.9%), from €25,848 to €22,264
- Reserves +€46,207
up €46,207 (+144.4%), from €32,000 to €78,207
- Tax, wage and social debts +€13,199
up €13,199 (+86.5%), from €15,255 to €28,454
- Current portion of long-term debt -€6,000
down €6,000 (-56.7%), from €10,588 to €4,588
- Trade debts -€5,516
down €5,516 (-70.0%), from €7,877 to €2,361
- Debts after one year -€4,588
down €4,588 (-100.0%), from €4,588 to €0
- Gross operating margin +€13,782
up €13,782 (+26.3%), from €52,325 to €66,107
- Taxes +€2,787
up €2,787 (+27.2%), from €10,234 to €13,021
- Financial income +€2,032
up €2,032 (+516.1%), from €394 to €2,426
- Staff costs -€871
down €871 (-56.4%), from €1,545 to €674
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 | €73,308 | €116,942 | +€43,634 | +59.5% |
| Fixed assets | 21/28 | €25,848 | €22,264 | -€3,583 | -13.9% |
| Tangible fixed assets | 22/27 | €25,848 | €22,264 | -€3,583 | -13.9% |
| Furniture and vehicles | 24 | €25,848 | €22,264 | -€3,583 | -13.9% |
| Current assets | 29/58 | €47,461 | €94,678 | +€47,217 | +99.5% |
| Amounts receivable within one year | 40/41 | €32,554 | €84,209 | +€51,654 | +158.7% |
| Trade receivables | 40 | €14,451 | €13,073 | -€1,379 | -9.5% |
| Other amounts receivable | 41 | €18,103 | €71,136 | +€53,033 | +293.0% |
| Cash at bank and in hand | 54/58 | €14,906 | €10,469 | -€4,437 | -29.8% |
| Total equity and liabilities | 10/49 | €73,308 | €116,942 | +€43,634 | +59.5% |
| Equity | 10/15 | €35,000 | €81,207 | +€46,207 | +132.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €32,000 | €78,207 | +€46,207 | +144.4% |
| Distributable reserves | 133 | €32,000 | €78,207 | +€46,207 | +144.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €38,308 | €35,735 | -€2,573 | -6.7% |
| Amounts payable after more than one year | 17 | €4,588 | €0 | -€4,588 | -100.0% |
| Financial debts | 170/4 | €4,588 | €0 | -€4,588 | -100.0% |
| Amounts payable within one year | 42/48 | €33,720 | €35,404 | +€1,684 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €10,588 | €4,588 | -€6,000 | -56.7% |
| Trade debts | 44 | €7,877 | €2,361 | -€5,516 | -70.0% |
| Suppliers | 440/4 | €7,877 | €2,361 | -€5,516 | -70.0% |
| Taxes, remuneration and social security | 45 | €15,255 | €28,454 | +€13,199 | +86.5% |
| Taxes | 450/3 | €15,255 | €28,454 | +€13,199 | +86.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €332 | +€332 | |
| Remuneration, social security and pensions | 62 | €1,545 | €674 | -€871 | -56.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,021 | €7,218 | +€197 | +2.8% |
| Other operating charges | 640/8 | €574 | €643 | +€70 | +12.1% |
| Gross operating margin | 9900 | €52,325 | €66,107 | +€13,782 | +26.3% |
| Operating profit (loss) | 9901 | €43,185 | €57,571 | +€14,387 | +33.3% |
| Financial income | 75/76B | €394 | €2,426 | +€2,032 | +516.1% |
| Recurring financial income | 75 | €394 | €2,426 | +€2,032 | +516.1% |
| Financial charges | 65/66B | €1,345 | €769 | -€575 | -42.8% |
| Recurring financial charges | 65 | €1,345 | €769 | -€575 | -42.8% |
| Profit (loss) for the period before taxes | 9903 | €42,234 | €59,228 | +€16,994 | +40.2% |
| Income taxes | 67/77 | €10,234 | €13,021 | +€2,787 | +27.2% |
| Profit (loss) for the period | 9904 | €32,000 | €46,207 | +€14,207 | +44.4% |
| Profit (loss) for the period to be appropriated | 9905 | €32,000 | €46,207 | +€14,207 | +44.4% |
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.