NELISSEN MGMT: 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.
NELISSEN MGMT
Largest movements
- Tangible fixed assets -€23,628
down €23,628 (-81.0%), from €29,187 to €5,559
of which Furniture and vehicles: -€26,272
- Receivables within one year -€4,263
down €4,263 (-68.1%), from €6,256 to €1,994
- Cash -€2,542
down €2,542 (-2.4%), from €105,591 to €103,049
mainly Tax, wage and social debts (-€19,814) and Contributions, distributions and other (-€12,195)
- Tax, wage and social debts -€19,814
down €19,814 (-59.7%), from €33,162 to €13,348
- Debts after one year -€11,283
down €11,283 (-74.7%), from €15,097 to €3,814
- Trade debts -€7,460
down €7,460 (-50.9%), from €14,658 to €7,198
- Other debts +€5,437
up €5,437 (+29.5%), from €18,434 to €23,871
- Profit (loss) carried forward +€1,633
up €1,633 (+4.0%), from €41,054 to €42,687
- Gross operating margin -€20,339
down €20,339 (-42.7%), from €47,637 to €27,298
- Depreciation -€11,461
down €11,461 (-89.8%), from €12,760 to €1,299
- Taxes -€3,268
down €3,268 (-31.8%), from €10,268 to €7,000
- Financial charges +€1,806
up €1,806 (+98.5%), from €1,834 to €3,640
- Other operating charges -€1,233
down €1,233 (-52.9%), from €2,334 to €1,100
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 | €141,273 | €110,601 | -€30,672 | -21.7% |
| Fixed assets | 21/28 | €29,187 | €5,559 | -€23,628 | -81.0% |
| Tangible fixed assets | 22/27 | €29,187 | €5,559 | -€23,628 | -81.0% |
| Furniture and vehicles | 24 | €29,187 | €2,915 | -€26,272 | -90.0% |
| Other tangible fixed assets | 26 | - | €2,643 | +€2,643 | |
| Current assets | 29/58 | €112,087 | €105,043 | -€7,044 | -6.3% |
| Amounts receivable within one year | 40/41 | €6,256 | €1,994 | -€4,263 | -68.1% |
| Trade receivables | 40 | €6,256 | €1,994 | -€4,263 | -68.1% |
| Cash at bank and in hand | 54/58 | €105,591 | €103,049 | -€2,542 | -2.4% |
| Deferred charges and accrued income | 490/1 | €239 | - | -€239 | |
| Total equity and liabilities | 10/49 | €141,273 | €110,601 | -€30,672 | -21.7% |
| Equity | 10/15 | €48,054 | €49,687 | +€1,633 | +3.4% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,054 | €42,687 | +€1,633 | +4.0% |
| Amounts payable | 17/49 | €93,219 | €60,914 | -€32,305 | -34.7% |
| Amounts payable after more than one year | 17 | €15,097 | €3,814 | -€11,283 | -74.7% |
| Financial debts | 170/4 | €15,097 | €3,814 | -€11,283 | -74.7% |
| Amounts payable within one year | 42/48 | €77,303 | €55,700 | -€21,602 | -27.9% |
| Current portion of amounts payable after more than one year | 42 | €11,049 | €11,283 | +€234 | +2.1% |
| Trade debts | 44 | €14,658 | €7,198 | -€7,460 | -50.9% |
| Suppliers | 440/4 | €14,658 | €7,198 | -€7,460 | -50.9% |
| Taxes, remuneration and social security | 45 | €33,162 | €13,348 | -€19,814 | -59.7% |
| Taxes | 450/3 | €33,162 | €13,348 | -€19,814 | -59.7% |
| Other amounts payable | 47/48 | €18,434 | €23,871 | +€5,437 | +29.5% |
| Accrued charges and deferred income | 492/3 | €820 | €1,400 | +€580 | +70.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,760 | €1,299 | -€11,461 | -89.8% |
| Other operating charges | 640/8 | €2,334 | €1,100 | -€1,233 | -52.9% |
| Non-recurring operating charges | 66A | - | €431 | +€431 | |
| Gross operating margin | 9900 | €47,637 | €27,298 | -€20,339 | -42.7% |
| Operating profit (loss) | 9901 | €32,543 | €24,468 | -€8,076 | -24.8% |
| Financial income | 75/76B | €24 | €1 | -€23 | -97.7% |
| Recurring financial income | 75 | €24 | €1 | -€23 | -97.7% |
| Financial charges | 65/66B | €1,834 | €3,640 | +€1,806 | +98.5% |
| Recurring financial charges | 65 | €1,834 | €3,640 | +€1,806 | +98.5% |
| Profit (loss) for the period before taxes | 9903 | €30,733 | €20,828 | -€9,905 | -32.2% |
| Income taxes | 67/77 | €10,268 | €7,000 | -€3,268 | -31.8% |
| Profit (loss) for the period | 9904 | €20,465 | €13,828 | -€6,637 | -32.4% |
| Profit (loss) for the period to be appropriated | 9905 | €20,465 | €13,828 | -€6,637 | -32.4% |
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 25 October 2026 via checked.be.