NERO-SITE: 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.
NERO-SITE
Largest movements
- Cash +€8,987
up €8,987 (+292.3%), from €3,075 to €12,062
mainly Receivables within one year (+€4,881) and Depreciation (+€1,828)
- Receivables within one year -€4,881
down €4,881 (-48.8%), from €9,997 to €5,115
of which Trade receivables: -€4,655
- Stocks and contracts -€1,317
no longer reported in 2025 (was €1,317)
- Tangible fixed assets +€1,085
up €1,085 (+17.3%), from €6,283 to €7,368
of which Furniture and vehicles: +€5,695
- Deferred charges and accrued income -€901
down €901 (-37.9%), from €2,377 to €1,476
- Trade debts +€1,501
up €1,501 (+94.2%), from €1,593 to €3,093
- Other debts +€1,296
up €1,296 (+15.9%), from €8,160 to €9,456
- Depreciation -€1,839
down €1,839 (-50.1%), from €3,667 to €1,828
- Gross operating margin +€1,296
up €1,296 (+33.8%), from €3,834 to €5,130
- Financial income +€546
up €546 (+27727.9%), from €2 to €548
- Other operating charges +€395
up €395 (+19.9%), from €1,986 to €2,381
- Financial charges -€129
down €129 (-10.4%), from €1,239 to €1,110
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 | €23,048 | €26,021 | +€2,973 | +12.9% |
| Fixed assets | 21/28 | €6,283 | €7,368 | +€1,085 | +17.3% |
| Tangible fixed assets | 22/27 | €6,283 | €7,368 | +€1,085 | +17.3% |
| Plant, machinery and equipment | 23 | €5,972 | €1,362 | -€4,610 | -77.2% |
| Furniture and vehicles | 24 | €311 | €6,005 | +€5,695 | +1832.2% |
| Current assets | 29/58 | €16,765 | €18,653 | +€1,888 | +11.3% |
| Stocks and contracts in progress | 3 | €1,317 | - | -€1,317 | |
| Stocks | 30/36 | €1,317 | - | -€1,317 | |
| Amounts receivable within one year | 40/41 | €9,997 | €5,115 | -€4,881 | -48.8% |
| Trade receivables | 40 | €8,208 | €3,553 | -€4,655 | -56.7% |
| Other amounts receivable | 41 | €1,788 | €1,562 | -€226 | -12.6% |
| Cash at bank and in hand | 54/58 | €3,075 | €12,062 | +€8,987 | +292.3% |
| Deferred charges and accrued income | 490/1 | €2,377 | €1,476 | -€901 | -37.9% |
| Total equity and liabilities | 10/49 | €23,048 | €26,021 | +€2,973 | +12.9% |
| Equity | 10/15 | €13,157 | €13,292 | +€135 | +1.0% |
| Contributions | 10/11 | €16,600 | €16,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,443 | -€3,308 | +€135 | +3.9% |
| Amounts payable | 17/49 | €9,892 | €12,729 | +€2,837 | +28.7% |
| Amounts payable within one year | 42/48 | €9,892 | €12,729 | +€2,837 | +28.7% |
| Trade debts | 44 | €1,593 | €3,093 | +€1,501 | +94.2% |
| Suppliers | 440/4 | €1,593 | €3,093 | +€1,501 | +94.2% |
| Taxes, remuneration and social security | 45 | €139 | €180 | +€41 | +29.6% |
| Taxes | 450/3 | €139 | €180 | +€41 | +29.6% |
| Other amounts payable | 47/48 | €8,160 | €9,456 | +€1,296 | +15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,667 | €1,828 | -€1,839 | -50.1% |
| Other operating charges | 640/8 | €1,986 | €2,381 | +€395 | +19.9% |
| Gross operating margin | 9900 | €3,834 | €5,130 | +€1,296 | +33.8% |
| Operating profit (loss) | 9901 | -€1,819 | €921 | +€2,741 | |
| Financial income | 75/76B | €2 | €548 | +€546 | +27727.9% |
| Recurring financial income | 75 | €2 | €548 | +€546 | +27727.9% |
| Financial charges | 65/66B | €1,239 | €1,110 | -€129 | -10.4% |
| Recurring financial charges | 65 | €1,239 | €1,110 | -€129 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,057 | €359 | +€3,416 | |
| Income taxes | 67/77 | €139 | €224 | +€85 | +61.3% |
| Profit (loss) for the period | 9904 | -€3,195 | €135 | +€3,331 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,195 | €135 | +€3,331 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.