NelsonDeuss: 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.
NelsonDeuss
Largest movements
- Receivables within one year +€6,638
up €6,638 (+480%), from €1,384 to €8,021
of which Other amounts receivable: +€5,594
- Cash +€5,489
up €5,489 (+576%), from €953 to €6,442
mainly Net result for the year (+€17,684) and Trade debts (+€1,015)
- Deferred charges and accrued income +€308
up €308 (+18.1%), from €1,700 to €2,009
- Tangible fixed assets -€235
down €235 (-95.1%), from €247 to €12
- Profit (loss) carried forward +€17,684
up €17,684, from -€15,386 to €2,298
- Tax, wage and social debts -€6,499
down €6,499 (-89.9%), from €7,226 to €727
of which Remuneration and social security: -€6,800
- Trade debts +€1,015
up €1,015 (+41.5%), from €2,444 to €3,459
- Gross operating margin +€31,399
up €31,399, from -€11,483 to €19,917
- Other operating charges +€1,072
up €1,072 (+429%), from €250 to €1,323
- Financial charges -€1,010
down €1,010 (-95.0%), from €1,063 to €53
- Taxes +€648
new in 2025: €648
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 | €4,284 | €16,484 | +€12,200 | +285% |
| Fixed assets | 21/28 | €247 | €12 | -€235 | -95.1% |
| Tangible fixed assets | 22/27 | €247 | €12 | -€235 | -95.1% |
| Plant, machinery and equipment | 23 | €247 | €12 | -€235 | -95.1% |
| Current assets | 29/58 | €4,037 | €16,472 | +€12,435 | +308% |
| Amounts receivable within one year | 40/41 | €1,384 | €8,021 | +€6,638 | +480% |
| Trade receivables | 40 | €1,183 | €2,226 | +€1,043 | +88.2% |
| Other amounts receivable | 41 | €201 | €5,796 | +€5,594 | +2,782% |
| Cash at bank and in hand | 54/58 | €953 | €6,442 | +€5,489 | +576% |
| Deferred charges and accrued income | 490/1 | €1,700 | €2,009 | +€308 | +18.1% |
| Total equity and liabilities | 10/49 | €4,284 | €16,484 | +€12,200 | +285% |
| Equity | 10/15 | -€5,386 | €12,298 | +€17,684 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,386 | €2,298 | +€17,684 | |
| Amounts payable | 17/49 | €9,670 | €4,186 | -€5,484 | -56.7% |
| Amounts payable within one year | 42/48 | €9,670 | €4,186 | -€5,484 | -56.7% |
| Trade debts | 44 | €2,444 | €3,459 | +€1,015 | +41.5% |
| Suppliers | 440/4 | €2,444 | €3,459 | +€1,015 | +41.5% |
| Taxes, remuneration and social security | 45 | €7,226 | €727 | -€6,499 | -89.9% |
| Taxes | 450/3 | €426 | €727 | +€301 | +70.7% |
| Remuneration and social security | 454/9 | €6,800 | €0 | -€6,800 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €235 | €235 | = | 0.0% |
| Other operating charges | 640/8 | €250 | €1,323 | +€1,072 | +429% |
| Gross operating margin | 9900 | -€11,483 | €19,917 | +€31,399 | |
| Operating profit (loss) | 9901 | -€11,968 | €18,359 | +€30,327 | |
| Financial income | 75/76B | €0 | €26 | +€26 | |
| Recurring financial income | 75 | €0 | €26 | +€26 | |
| Financial charges | 65/66B | €1,063 | €53 | -€1,010 | -95.0% |
| Recurring financial charges | 65 | €1,063 | €53 | -€1,010 | -95.0% |
| Profit (loss) for the period before taxes | 9903 | -€13,031 | €18,332 | +€31,363 | |
| Income taxes | 67/77 | - | €648 | +€648 | |
| Profit (loss) for the period | 9904 | -€13,031 | €17,684 | +€30,715 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,031 | €17,684 | +€30,715 |
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 19 October 2026 via checked.be.