NEPHOSIFY: 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.
NEPHOSIFY
Largest movements
- Receivables within one year -€45,664
down €45,664 (-52.9%), from €86,304 to €40,640
of which Trade receivables: -€24,450
- Other debts -€38,791
down €38,791 (-24.5%), from €158,510 to €119,719
- Tax, wage and social debts -€6,597
down €6,597 (-39.0%), from €16,915 to €10,318
of which Taxes: -€6,072
- Taxes -€2,458
down €2,458 (-8.9%), from €27,659 to €25,201
- Financial charges +€2,026
up €2,026 (+194.5%), from €1,041 to €3,067
- Gross operating margin -€1,725
down €1,725 (-1.4%), from €123,296 to €121,571
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 | €187,013 | €141,088 | -€45,925 | -24.6% |
| Formation expenses | 20 | €1,985 | €1,319 | -€666 | -33.5% |
| Current assets | 29/58 | €185,029 | €139,769 | -€45,260 | -24.5% |
| Amounts receivable within one year | 40/41 | €86,304 | €40,640 | -€45,664 | -52.9% |
| Trade receivables | 40 | €54,450 | €30,000 | -€24,450 | -44.9% |
| Other amounts receivable | 41 | €31,854 | €10,640 | -€21,214 | -66.6% |
| Cash at bank and in hand | 54/58 | €96,192 | €96,316 | +€124 | +0.1% |
| Deferred charges and accrued income | 490/1 | €2,532 | €2,812 | +€280 | +11.1% |
| Total equity and liabilities | 10/49 | €187,013 | €141,088 | -€45,925 | -24.6% |
| Equity | 10/15 | €7,000 | €7,000 | = | 0.0% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Amounts payable | 17/49 | €180,013 | €134,088 | -€45,925 | -25.5% |
| Amounts payable within one year | 42/48 | €180,013 | €134,088 | -€45,925 | -25.5% |
| Trade debts | 44 | €4,589 | €4,051 | -€538 | -11.7% |
| Suppliers | 440/4 | €4,589 | €4,051 | -€538 | -11.7% |
| Taxes, remuneration and social security | 45 | €16,915 | €10,318 | -€6,597 | -39.0% |
| Taxes | 450/3 | €16,390 | €10,318 | -€6,072 | -37.0% |
| Remuneration and social security | 454/9 | €525 | - | -€525 | |
| Other amounts payable | 47/48 | €158,510 | €119,719 | -€38,791 | -24.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €666 | €666 | = | 0.0% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €123,296 | €121,571 | -€1,725 | -1.4% |
| Operating profit (loss) | 9901 | €122,630 | €120,506 | -€2,124 | -1.7% |
| Financial income | 75/76B | €127 | €32 | -€95 | -74.6% |
| Recurring financial income | 75 | €127 | €32 | -€95 | -74.6% |
| Financial charges | 65/66B | €1,041 | €3,067 | +€2,026 | +194.5% |
| Recurring financial charges | 65 | €1,041 | €3,067 | +€2,026 | +194.5% |
| Profit (loss) for the period before taxes | 9903 | €121,716 | €117,471 | -€4,245 | -3.5% |
| Income taxes | 67/77 | €27,659 | €25,201 | -€2,458 | -8.9% |
| Profit (loss) for the period | 9904 | €94,057 | €92,270 | -€1,787 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €94,057 | €92,270 | -€1,787 | -1.9% |
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.