Nelson&Nelson: 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.
Nelson&Nelson
Largest movements
- Cash -€19,449
down €19,449 (-83.1%), from €23,406 to €3,957
mainly Receivables within one year (-€13,429) and Trade debts (-€12,447)
- Receivables within one year +€13,429
up €13,429 (+77.6%), from €17,301 to €30,729
of which Other amounts receivable: +€12,262
- Deferred charges and accrued income -€10,637
no longer reported in 2025 (was €10,637)
- Trade debts -€12,447
no longer reported in 2025 (was €12,447)
- Accrued charges and deferred income -€1,731
down €1,731 (-88.2%), from €1,962 to €231
- Tax, wage and social debts -€1,324
down €1,324 (-74.2%), from €1,783 to €459
- Profit (loss) carried forward -€1,165
down €1,165 (-5.9%), from -€19,838 to -€21,003
- Gross operating margin -€17,787
down €17,787, from €15,717 to -€2,071
- Other operating charges -€464
no longer reported in 2025 (was €464)
- Financial income +€461
up €461 (+60.0%), from €769 to €1,230
- Depreciation -€295
down €295 (-97.0%), from €304 to €9
- Financial charges -€259
down €259 (-45.1%), from €575 to €315
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 | €51,354 | €34,687 | -€16,667 | -32.5% |
| Fixed assets | 21/28 | €9 | - | -€9 | |
| Tangible fixed assets | 22/27 | €9 | - | -€9 | |
| Furniture and vehicles | 24 | €9 | - | -€9 | |
| Current assets | 29/58 | €51,344 | €34,687 | -€16,658 | -32.4% |
| Amounts receivable within one year | 40/41 | €17,301 | €30,729 | +€13,429 | +77.6% |
| Trade receivables | 40 | €5,108 | €6,275 | +€1,167 | +22.8% |
| Other amounts receivable | 41 | €12,193 | €24,454 | +€12,262 | +101% |
| Cash at bank and in hand | 54/58 | €23,406 | €3,957 | -€19,449 | -83.1% |
| Deferred charges and accrued income | 490/1 | €10,637 | - | -€10,637 | |
| Total equity and liabilities | 10/49 | €51,354 | €34,687 | -€16,667 | -32.5% |
| Equity | 10/15 | €35,162 | €33,997 | -€1,165 | -3.3% |
| Contributions | 10/11 | €55,000 | €55,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,838 | -€21,003 | -€1,165 | -5.9% |
| Amounts payable | 17/49 | €16,192 | €690 | -€15,502 | -95.7% |
| Amounts payable within one year | 42/48 | €14,230 | €459 | -€13,771 | -96.8% |
| Trade debts | 44 | €12,447 | - | -€12,447 | |
| Suppliers | 440/4 | €12,447 | - | -€12,447 | |
| Taxes, remuneration and social security | 45 | €1,783 | €459 | -€1,324 | -74.2% |
| Taxes | 450/3 | €1,783 | €459 | -€1,324 | -74.2% |
| Accrued charges and deferred income | 492/3 | €1,962 | €231 | -€1,731 | -88.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €304 | €9 | -€295 | -97.0% |
| Other operating charges | 640/8 | €464 | - | -€464 | |
| Gross operating margin | 9900 | €15,717 | -€2,071 | -€17,787 | |
| Operating profit (loss) | 9901 | €14,948 | -€2,080 | -€17,028 | |
| Financial income | 75/76B | €769 | €1,230 | +€461 | +60.0% |
| Recurring financial income | 75 | €769 | €1,230 | +€461 | +60.0% |
| Financial charges | 65/66B | €575 | €315 | -€259 | -45.1% |
| Recurring financial charges | 65 | €575 | €315 | -€259 | -45.1% |
| Profit (loss) for the period before taxes | 9903 | €15,143 | -€1,165 | -€16,307 | |
| Profit (loss) for the period | 9904 | €15,143 | -€1,165 | -€16,307 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,143 | -€1,165 | -€16,307 |
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 16 October 2026 via checked.be.