NephoSolutions: 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.
NephoSolutions
Largest movements
- Cash +€30,473
up €30,473 (+22.6%), from €134,916 to €165,389
mainly Net result for the year (+€44,910) and Depreciation (+€17,085)
- Receivables within one year +€12,466
up €12,466 (+25.1%), from €49,637 to €62,102
of which Other amounts receivable: +€16,722
- Tangible fixed assets -€12,325
down €12,325 (-40.2%), from €30,632 to €18,307
- Deferred charges and accrued income -€7,407
down €7,407 (-72.3%), from €10,238 to €2,832
- Profit (loss) carried forward +€44,077
up €44,077 (+64.8%), from €68,004 to €112,080
- Debts after one year -€13,512
down €13,512 (-100.0%), from €13,512 to €0
- Other debts -€11,077
down €11,077 (-10.7%), from €103,346 to €92,269
- Tax, wage and social debts +€5,550
up €5,550, from €0 to €5,550
- Trade debts -€3,456
down €3,456 (-45.6%), from €7,577 to €4,121
- Financial charges -€67,067
down €67,067 (-95.3%), from €70,384 to €3,317
- Gross operating margin -€24,883
down €24,883 (-26.4%), from €94,142 to €69,259
- Taxes +€3,687
up €3,687 (+1739.6%), from €212 to €3,899
- Depreciation -€2,814
down €2,814 (-14.1%), from €19,898 to €17,085
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 | €225,422 | €248,730 | +€23,308 | +10.3% |
| Fixed assets | 21/28 | €30,632 | €18,407 | -€12,225 | -39.9% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €30,632 | €18,307 | -€12,325 | -40.2% |
| Furniture and vehicles | 24 | €30,632 | €18,307 | -€12,325 | -40.2% |
| Financial fixed assets | 28 | - | €100 | +€100 | |
| Current assets | 29/58 | €194,791 | €230,323 | +€35,533 | +18.2% |
| Amounts receivable within one year | 40/41 | €49,637 | €62,102 | +€12,466 | +25.1% |
| Trade receivables | 40 | €49,420 | €45,164 | -€4,256 | -8.6% |
| Other amounts receivable | 41 | €217 | €16,939 | +€16,722 | +7707.4% |
| Cash at bank and in hand | 54/58 | €134,916 | €165,389 | +€30,473 | +22.6% |
| Deferred charges and accrued income | 490/1 | €10,238 | €2,832 | -€7,407 | -72.3% |
| Total equity and liabilities | 10/49 | €225,422 | €248,730 | +€23,308 | +10.3% |
| Equity | 10/15 | €86,604 | €130,680 | +€44,077 | +50.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,004 | €112,080 | +€44,077 | +64.8% |
| Amounts payable | 17/49 | €138,819 | €118,050 | -€20,769 | -15.0% |
| Amounts payable after more than one year | 17 | €13,512 | €0 | -€13,512 | -100.0% |
| Financial debts | 170/4 | €13,512 | €0 | -€13,512 | -100.0% |
| Amounts payable within one year | 42/48 | €125,307 | €115,452 | -€9,855 | -7.9% |
| Current portion of amounts payable after more than one year | 42 | €14,384 | €13,512 | -€872 | -6.1% |
| Trade debts | 44 | €7,577 | €4,121 | -€3,456 | -45.6% |
| Suppliers | 440/4 | €7,577 | €4,121 | -€3,456 | -45.6% |
| Taxes, remuneration and social security | 45 | €0 | €5,550 | +€5,550 | |
| Taxes | 450/3 | €0 | €5,550 | +€5,550 | |
| Other amounts payable | 47/48 | €103,346 | €92,269 | -€11,077 | -10.7% |
| Accrued charges and deferred income | 492/3 | - | €2,598 | +€2,598 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,898 | €17,085 | -€2,814 | -14.1% |
| Other operating charges | 640/8 | €485 | €547 | +€62 | +12.9% |
| Gross operating margin | 9900 | €94,142 | €69,259 | -€24,883 | -26.4% |
| Operating profit (loss) | 9901 | €73,759 | €51,627 | -€22,132 | -30.0% |
| Financial income | 75/76B | €414 | €499 | +€85 | +20.4% |
| Recurring financial income | 75 | €414 | €499 | +€85 | +20.4% |
| Financial charges | 65/66B | €70,384 | €3,317 | -€67,067 | -95.3% |
| Recurring financial charges | 65 | €70,384 | €3,317 | -€67,067 | -95.3% |
| Profit (loss) for the period before taxes | 9903 | €3,789 | €48,809 | +€45,019 | +1188.0% |
| Income taxes | 67/77 | €212 | €3,899 | +€3,687 | +1739.6% |
| Profit (loss) for the period | 9904 | €3,577 | €44,910 | +€41,332 | +1155.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,577 | €44,910 | +€41,332 | +1155.4% |
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 2 October 2026 via checked.be.