Nergye: 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.
Nergye
Largest movements
- Receivables within one year -€26,729
down €26,729 (-77.1%), from €34,681 to €7,952
of which Trade receivables: -€25,804
- Cash +€4,807
up €4,807 (+987%), from €487 to €5,295
mainly Receivables within one year (+€26,729) and Net result for the year (+€316)
- Stocks and contracts +€3,500
up €3,500, from €0 to €3,500
- Trade debts -€18,644
down €18,644 (-80.0%), from €23,296 to €4,652
- Gross operating margin -€314
down €314 (-23.0%), from €1,362 to €1,049
- Taxes -€48
down €48 (-29.6%), from €164 to €115
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 | €35,169 | €16,747 | -€18,421 | -52.4% |
| Current assets | 29/58 | €35,169 | €16,747 | -€18,421 | -52.4% |
| Stocks and contracts in progress | 3 | €0 | €3,500 | +€3,500 | |
| Stocks | 30/36 | €0 | €3,500 | +€3,500 | |
| Amounts receivable within one year | 40/41 | €34,681 | €7,952 | -€26,729 | -77.1% |
| Trade receivables | 40 | €33,660 | €7,856 | -€25,804 | -76.7% |
| Other amounts receivable | 41 | €1,021 | €96 | -€925 | -90.6% |
| Cash at bank and in hand | 54/58 | €487 | €5,295 | +€4,807 | +987% |
| Total equity and liabilities | 10/49 | €35,169 | €16,747 | -€18,421 | -52.4% |
| Equity | 10/15 | €10,509 | €10,825 | +€316 | +3.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €8,009 | €8,325 | +€316 | +4.0% |
| Distributable reserves | 133 | €8,009 | €8,325 | +€316 | +4.0% |
| Amounts payable | 17/49 | €24,660 | €5,922 | -€18,738 | -76.0% |
| Amounts payable within one year | 42/48 | €24,660 | €5,922 | -€18,738 | -76.0% |
| Trade debts | 44 | €23,296 | €4,652 | -€18,644 | -80.0% |
| Suppliers | 440/4 | €23,296 | €4,652 | -€18,644 | -80.0% |
| Taxes, remuneration and social security | 45 | €164 | €115 | -€48 | -29.6% |
| Taxes | 450/3 | €164 | €115 | -€48 | -29.6% |
| Other amounts payable | 47/48 | €1,200 | €1,155 | -€45 | -3.8% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | €1,362 | €1,049 | -€314 | -23.0% |
| Operating profit (loss) | 9901 | €913 | €587 | -€326 | -35.7% |
| Financial charges | 65/66B | €162 | €155 | -€7 | -4.3% |
| Recurring financial charges | 65 | €162 | €155 | -€7 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €751 | €432 | -€319 | -42.5% |
| Income taxes | 67/77 | €164 | €115 | -€48 | -29.6% |
| Profit (loss) for the period | 9904 | €587 | €316 | -€271 | -46.1% |
| Profit (loss) for the period to be appropriated | 9905 | €587 | €316 | -€271 | -46.1% |
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 18 October 2026 via checked.be.