NEPSYS: 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.
NEPSYS
Largest movements
- Receivables within one year -€6,788
down €6,788 (-29.0%), from €23,382 to €16,594
of which Other amounts receivable: -€4,971
- Deferred charges and accrued income +€368
up €368 (+819.2%), from €45 to €413
- Tax, wage and social debts -€4,000
no longer reported in 2025 (was €4,000)
- Trade debts -€1,573
no longer reported in 2025 (was €1,573)
- Profit (loss) carried forward -€1,288
down €1,288 (-14.9%), from €8,647 to €7,359
- Accrued charges and deferred income +€399
up €399 (+607.7%), from €66 to €465
- Gross operating margin -€1,385
down €1,385, from €440 to -€945
- Financial income +€203
up €203 (+288.0%), from €70 to €273
- Financial charges +€156
up €156 (+260.7%), from €60 to €216
- Depreciation -€63
no longer reported in 2025 (was €63)
- Other operating charges +€12
up €12 (+3.2%), from €387 to €400
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 | €23,477 | €17,015 | -€6,462 | -27.5% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €0 | - | = | |
| Intangible fixed assets | 21 | €0 | - | = | |
| Current assets | 29/58 | €23,477 | €17,015 | -€6,462 | -27.5% |
| Amounts receivable within one year | 40/41 | €23,382 | €16,594 | -€6,788 | -29.0% |
| Trade receivables | 40 | €1,817 | - | -€1,817 | |
| Other amounts receivable | 41 | €21,565 | €16,594 | -€4,971 | -23.1% |
| Cash at bank and in hand | 54/58 | €50 | €9 | -€42 | -82.8% |
| Deferred charges and accrued income | 490/1 | €45 | €413 | +€368 | +819.2% |
| Total equity and liabilities | 10/49 | €23,477 | €17,015 | -€6,462 | -27.5% |
| Equity | 10/15 | €17,839 | €16,550 | -€1,288 | -7.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €6,692 | €6,692 | = | 0.0% |
| Distributable reserves | 133 | €6,692 | €6,692 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,647 | €7,359 | -€1,288 | -14.9% |
| Amounts payable | 17/49 | €5,639 | €465 | -€5,174 | -91.8% |
| Amounts payable within one year | 42/48 | €5,573 | - | -€5,573 | |
| Trade debts | 44 | €1,573 | - | -€1,573 | |
| Suppliers | 440/4 | €1,573 | - | -€1,573 | |
| Taxes, remuneration and social security | 45 | €4,000 | - | -€4,000 | |
| Taxes | 450/3 | €4,000 | - | -€4,000 | |
| Accrued charges and deferred income | 492/3 | €66 | €465 | +€399 | +607.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63 | - | -€63 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €440 | -€945 | -€1,385 | |
| Operating profit (loss) | 9901 | -€10 | -€1,345 | -€1,334 | -12842.6% |
| Financial income | 75/76B | €70 | €273 | +€203 | +288.0% |
| Recurring financial income | 75 | €70 | €273 | +€203 | +288.0% |
| Financial charges | 65/66B | €60 | €216 | +€156 | +260.7% |
| Recurring financial charges | 65 | €60 | €216 | +€156 | +260.7% |
| Profit (loss) for the period before taxes | 9903 | €0 | -€1,288 | -€1,288 | |
| Profit (loss) for the period | 9904 | €0 | -€1,288 | -€1,288 | |
| Profit (loss) for the period to be appropriated | 9905 | €0 | -€1,288 | -€1,288 |
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 5 October 2026 via checked.be.