NERIO: 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.
What changed
NERIO
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€293,520
2023 · €182,915+€110,605
Equity
€4.0m
2023 · €3.8m+€165,820
Cash
€648,040
2023 · €691,030-€42,989
Balance sheet total
€4.8m
2023 · €4.7m+€93,692
Largest movements
Assets
- Current investments +€230,275
up €230,275 (+12.7%), from €1.8m to €2.0m
- Tangible fixed assets -€74,169
down €74,169 (-4.5%), from €1.7m to €1.6m
of which Land and buildings: -€70,981
Equity and liabilities
- Reserves +€165,820
up €165,820 (+9.2%), from €1.8m to €2.0m
of which Distributable reserves: +€178,245
- Debts after one year -€56,729
down €56,729 (-10.0%), from €565,668 to €508,939
of which Financial debts: -€56,729
Income statement
- Financial income +€174,210
up €174,210 (+324.5%), from €53,692 to €227,901
- Gross operating margin +€117,722
up €117,722 (+47.0%), from €250,374 to €368,096
- Other operating charges +€84,714
up €84,714 (+1372.1%), from €6,174 to €90,888
- Taxes +€81,974
up €81,974 (+665.4%), from €12,320 to €94,294
- Depreciation +€28,970
up €28,970 (+37.0%), from €78,350 to €107,319
From the 2023 result to the 2024 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.
Result 2023
€182,915
Gross operating margin
+€117,722
Depreciation
-€28,970
Other operating charges
-€84,714
Financial income
+€174,210
Financial charges
+€14,331
Taxes
-€81,974
Result 2024
€293,520
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€403,537
Investment
-€263,426
Financing
-€183,100
Cash 2023
€691,030
From operations (derived)
+€403,537
Net result for the year
+€293,520
Depreciation
+€107,319
Receivables after one year
+€1,944
Receivables within one year
+€18,780
Deferred charges and accrued income
-€1,300
Trade debts
-€23,261
Tax, wage and social debts
+€34,852
Other debts
-€14,055
Accrued charges and deferred income
-€14,263
Investment (derived)
-€263,426
Investment in fixed assets (net)
-€33,150
Current investments
-€230,275
Financing
-€183,100
Debts after one year
-€56,729
Current portion of long-term debt
+€1,329
Contributions, distributions and other
-€127,700
Cash 2024
€648,040
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,663,226 | €4,756,919 | +€93,692 | +2.0% |
| Fixed assets | 21/28 | €2,091,669 | €2,017,500 | -€74,169 | -3.5% |
| Tangible fixed assets | 22/27 | €1,657,394 | €1,583,225 | -€74,169 | -4.5% |
| Land and buildings | 22 | €1,630,788 | €1,559,807 | -€70,981 | -4.4% |
| Plant, machinery and equipment | 23 | €19,813 | €17,894 | -€1,919 | -9.7% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €6,793 | €5,523 | -€1,270 | -18.7% |
| Financial fixed assets | 28 | €434,275 | €434,275 | = | 0.0% |
| Current assets | 29/58 | €2,571,557 | €2,739,419 | +€167,862 | +6.5% |
| Amounts receivable after more than one year | 29 | €5,541 | €3,597 | -€1,944 | -35.1% |
| Other amounts receivable | 291 | €5,541 | €3,597 | -€1,944 | -35.1% |
| Amounts receivable within one year | 40/41 | €36,447 | €17,668 | -€18,780 | -51.5% |
| Trade receivables | 40 | €21,350 | €17,668 | -€3,683 | -17.2% |
| Other amounts receivable | 41 | €15,097 | €0 | -€15,097 | -100.0% |
| Current investments | 50/53 | €1,819,546 | €2,049,821 | +€230,275 | +12.7% |
| Cash at bank and in hand | 54/58 | €691,030 | €648,040 | -€42,989 | -6.2% |
| Deferred charges and accrued income | 490/1 | €18,994 | €20,293 | +€1,300 | +6.8% |
| Total equity and liabilities | 10/49 | €4,663,226 | €4,756,919 | +€93,692 | +2.0% |
| Equity | 10/15 | €3,801,865 | €3,967,686 | +€165,820 | +4.4% |
| Contributions | 10/11 | €1,050,000 | €1,050,000 | = | 0.0% |
| Reserves | 13 | €1,804,652 | €1,970,472 | +€165,820 | +9.2% |
| Non-distributable reserves | 130/1 | €105,000 | €105,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €105,000 | €105,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €323,030 | €310,606 | -€12,424 | -3.8% |
| Distributable reserves | 133 | €1,376,621 | €1,554,866 | +€178,245 | +12.9% |
| Profit (loss) carried forward | 14 | €947,214 | €947,214 | = | 0.0% |
| Amounts payable | 17/49 | €861,361 | €789,233 | -€72,128 | -8.4% |
| Amounts payable after more than one year | 17 | €565,668 | €508,939 | -€56,729 | -10.0% |
| Financial debts | 170/4 | €565,508 | €508,779 | -€56,729 | -10.0% |
| Other amounts payable | 178/9 | €160 | €160 | = | 0.0% |
| Amounts payable within one year | 42/48 | €280,113 | €278,978 | -€1,136 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €56,866 | €58,194 | +€1,329 | +2.3% |
| Trade debts | 44 | €61,215 | €37,954 | -€23,261 | -38.0% |
| Suppliers | 440/4 | €61,215 | €37,954 | -€23,261 | -38.0% |
| Taxes, remuneration and social security | 45 | €14,007 | €48,858 | +€34,852 | +248.8% |
| Taxes | 450/3 | €14,007 | €48,858 | +€34,852 | +248.8% |
| Other amounts payable | 47/48 | €148,026 | €133,971 | -€14,055 | -9.5% |
| Accrued charges and deferred income | 492/3 | €15,580 | €1,317 | -€14,263 | -91.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,350 | €107,319 | +€28,970 | +37.0% |
| Other operating charges | 640/8 | €6,174 | €90,888 | +€84,714 | +1372.1% |
| Gross operating margin | 9900 | €250,374 | €368,096 | +€117,722 | +47.0% |
| Operating profit (loss) | 9901 | €165,850 | €169,889 | +€4,038 | +2.4% |
| Financial income | 75/76B | €53,692 | €227,901 | +€174,210 | +324.5% |
| Recurring financial income | 75 | €53,692 | €227,901 | +€174,210 | +324.5% |
| Financial charges | 65/66B | €24,307 | €9,976 | -€14,331 | -59.0% |
| Recurring financial charges | 65 | €24,307 | €9,976 | -€14,331 | -59.0% |
| Profit (loss) for the period before taxes | 9903 | €195,235 | €387,814 | +€192,579 | +98.6% |
| Income taxes | 67/77 | €12,320 | €94,294 | +€81,974 | +665.4% |
| Profit (loss) for the period | 9904 | €182,915 | €293,520 | +€110,605 | +60.5% |
| Transfer from tax-exempt reserves | 789 | €12,424 | €12,424 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €195,340 | €305,945 | +€110,605 | +56.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.