NELLIS: 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.
NELLIS
Largest movements
- Receivables within one year -€13,351
down €13,351 (-87.4%), from €15,268 to €1,917
of which Trade receivables: -€12,752
- Cash +€3,820
up €3,820 (+1425.5%), from €268 to €4,088
mainly Receivables within one year (+€13,351) and Other debts (+€4,869)
- Tangible fixed assets -€433
down €433 (-48.5%), from €892 to €459
- Profit (loss) carried forward -€11,353
down €11,353 (-328.5%), from -€3,456 to -€14,809
- Other debts +€4,869
up €4,869 (+170.4%), from €2,857 to €7,726
- Trade debts -€1,945
down €1,945 (-45.1%), from €4,315 to €2,370
- Tax, wage and social debts -€1,535
down €1,535 (-56.6%), from €2,712 to €1,177
of which Remuneration and social security: -€1,500
- Gross operating margin -€10,375
down €10,375, from €359 to -€10,016
- Financial charges -€1,339
down €1,339 (-93.1%), from €1,438 to €99
- Taxes -€1,014
down €1,014 (-92.6%), from €1,095 to €81
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 | €16,428 | €6,464 | -€9,964 | -60.7% |
| Fixed assets | 21/28 | €892 | €459 | -€433 | -48.5% |
| Tangible fixed assets | 22/27 | €892 | €459 | -€433 | -48.5% |
| Furniture and vehicles | 24 | €892 | €459 | -€433 | -48.5% |
| Current assets | 29/58 | €15,536 | €6,005 | -€9,531 | -61.3% |
| Amounts receivable within one year | 40/41 | €15,268 | €1,917 | -€13,351 | -87.4% |
| Trade receivables | 40 | €13,619 | €867 | -€12,752 | -93.6% |
| Other amounts receivable | 41 | €1,649 | €1,050 | -€599 | -36.3% |
| Cash at bank and in hand | 54/58 | €268 | €4,088 | +€3,820 | +1425.5% |
| Total equity and liabilities | 10/49 | €16,428 | €6,464 | -€9,964 | -60.7% |
| Equity | 10/15 | €6,544 | -€4,809 | -€11,353 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,456 | -€14,809 | -€11,353 | -328.5% |
| Amounts payable | 17/49 | €9,884 | €11,274 | +€1,390 | +14.1% |
| Amounts payable within one year | 42/48 | €9,884 | €11,274 | +€1,390 | +14.1% |
| Trade debts | 44 | €4,315 | €2,370 | -€1,945 | -45.1% |
| Suppliers | 440/4 | €4,315 | €2,370 | -€1,945 | -45.1% |
| Taxes, remuneration and social security | 45 | €2,712 | €1,177 | -€1,535 | -56.6% |
| Taxes | 450/3 | €1,212 | €1,177 | -€35 | -2.9% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Other amounts payable | 47/48 | €2,857 | €7,726 | +€4,869 | +170.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €407 | €433 | +€26 | +6.4% |
| Other operating charges | 640/8 | €876 | €784 | -€92 | -10.5% |
| Gross operating margin | 9900 | €359 | -€10,016 | -€10,375 | |
| Operating profit (loss) | 9901 | -€924 | -€11,233 | -€10,309 | -1115.7% |
| Financial income | 75/76B | €1 | €60 | +€59 | +5901.0% |
| Recurring financial income | 75 | €1 | €60 | +€59 | +5901.0% |
| Financial charges | 65/66B | €1,438 | €99 | -€1,339 | -93.1% |
| Recurring financial charges | 65 | €1,438 | €99 | -€1,339 | -93.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,361 | -€11,272 | -€8,911 | -377.4% |
| Income taxes | 67/77 | €1,095 | €81 | -€1,014 | -92.6% |
| Profit (loss) for the period | 9904 | -€3,456 | -€11,353 | -€7,897 | -228.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,456 | -€11,353 | -€7,897 | -228.5% |
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 29 September 2026 via checked.be.