Nénu: what changed
Nénu
Largest movements
- Current investments -€39,460
down €39,460 (-24.2%), from €163,097 to €123,638
- Tangible fixed assets +€31,885
up €31,885 (+520%), from €6,136 to €38,021
of which Land and buildings: +€31,965
- Tax, wage and social debts -€68,188
down €68,188 (-70.3%), from €97,025 to €28,837
- Reserves +€44,542
up €44,542 (+5.4%), from €830,802 to €875,344
- Gross operating margin +€58,527
up €58,527, from -€21,944 to €36,583
- Taxes +€12,712
up €12,712 (+686%), from €1,854 to €14,566
- Depreciation -€2,359
down €2,359 (-31.1%), from €7,582 to €5,223
- Financial income -€1,488
down €1,488 (-3.5%), from €42,265 to €40,776
- Other operating charges +€880
up €880 (+746%), from €118 to €998
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €952,394 | €929,812 | -€22,582 | -2.4% |
| Fixed assets | 21/28 | €23,454 | €51,629 | +€28,175 | +120% |
| Intangible fixed assets | 21 | €7,619 | - | -€7,619 | |
| Tangible fixed assets | 22/27 | €6,136 | €38,021 | +€31,885 | +520% |
| Land and buildings | 22 | - | €31,965 | +€31,965 | |
| Furniture and vehicles | 24 | €6,136 | €6,056 | -€80 | -1.3% |
| Financial fixed assets | 28 | €9,699 | €13,608 | +€3,909 | +40.3% |
| Current assets | 29/58 | €928,940 | €878,183 | -€50,757 | -5.5% |
| Amounts receivable after more than one year | 29 | €283,483 | €277,480 | -€6,003 | -2.1% |
| Other amounts receivable | 291 | €283,483 | €277,480 | -€6,003 | -2.1% |
| Amounts receivable within one year | 40/41 | €482,360 | €477,066 | -€5,294 | -1.1% |
| Other amounts receivable | 41 | €482,360 | €477,066 | -€5,294 | -1.1% |
| Current investments | 50/53 | €163,097 | €123,638 | -€39,460 | -24.2% |
| Total equity and liabilities | 10/49 | €952,394 | €929,812 | -€22,582 | -2.4% |
| Equity | 10/15 | €830,672 | €876,278 | +€45,606 | +5.5% |
| Contributions | 10/11 | €934 | €934 | = | 0.0% |
| Reserves | 13 | €830,802 | €875,344 | +€44,542 | +5.4% |
| Distributable reserves | 133 | €830,802 | €875,344 | +€44,542 | +5.4% |
| Profit (loss) carried forward | 14 | -€1,064 | - | +€1,064 | |
| Amounts payable | 17/49 | €121,721 | €53,534 | -€68,188 | -56.0% |
| Amounts payable within one year | 42/48 | €118,022 | €49,834 | -€68,188 | -57.8% |
| Taxes, remuneration and social security | 45 | €97,025 | €28,837 | -€68,188 | -70.3% |
| Taxes | 450/3 | €97,025 | €28,837 | -€68,188 | -70.3% |
| Other amounts payable | 47/48 | €20,997 | €20,997 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,700 | €3,700 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,582 | €5,223 | -€2,359 | -31.1% |
| Other operating charges | 640/8 | €118 | €998 | +€880 | +746% |
| Gross operating margin | 9900 | -€21,944 | €36,583 | +€58,527 | |
| Operating profit (loss) | 9901 | -€29,644 | €30,362 | +€60,006 | |
| Financial income | 75/76B | €42,265 | €40,776 | -€1,488 | -3.5% |
| Recurring financial income | 75 | €42,265 | €40,776 | -€1,488 | -3.5% |
| Financial charges | 65/66B | €11,830 | €10,966 | -€864 | -7.3% |
| Recurring financial charges | 65 | €11,830 | €10,966 | -€864 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €791 | €60,172 | +€59,381 | +7,512% |
| Income taxes | 67/77 | €1,854 | €14,566 | +€12,712 | +686% |
| Profit (loss) for the period | 9904 | -€1,064 | €45,606 | +€46,670 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,064 | €45,606 | +€46,670 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.