NERSYN: 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.
NERSYN
Largest movements
- Cash +€20,574
up €20,574 (+138.0%), from €14,913 to €35,488
mainly Net result for the year (+€12,510) and Receivables within one year (+€8,589)
- Receivables within one year -€8,589
down €8,589 (-66.8%), from €12,862 to €4,273
of which Other amounts receivable: -€9,339
- Financial fixed assets -€550
down €550 (-9.9%), from €5,550 to €5,000
- Profit (loss) carried forward +€12,510
up €12,510 (+646.1%), from €1,936 to €14,447
- Tax, wage and social debts -€943
down €943 (-18.8%), from €5,027 to €4,084
- Gross operating margin +€18,781
up €18,781, from -€5,438 to €13,343
- Depreciation -€2,970
no longer reported in 2025 (was €2,970)
- Financial charges +€310
up €310 (+73.9%), from €420 to €731
- Other operating charges -€198
down €198 (-62.3%), from €318 to €120
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 | €34,669 | €46,343 | +€11,674 | +33.7% |
| Fixed assets | 21/28 | €5,550 | €5,000 | -€550 | -9.9% |
| Financial fixed assets | 28 | €5,550 | €5,000 | -€550 | -9.9% |
| Current assets | 29/58 | €29,119 | €41,343 | +€12,224 | +42.0% |
| Stocks and contracts in progress | 3 | €338 | €621 | +€284 | +84.1% |
| Stocks | 30/36 | €338 | €621 | +€284 | +84.1% |
| Amounts receivable within one year | 40/41 | €12,862 | €4,273 | -€8,589 | -66.8% |
| Trade receivables | 40 | €3,524 | €4,273 | +€750 | +21.3% |
| Other amounts receivable | 41 | €9,339 | - | -€9,339 | |
| Cash at bank and in hand | 54/58 | €14,913 | €35,488 | +€20,574 | +138.0% |
| Deferred charges and accrued income | 490/1 | €1,006 | €961 | -€45 | -4.5% |
| Total equity and liabilities | 10/49 | €34,669 | €46,343 | +€11,674 | +33.7% |
| Equity | 10/15 | €22,396 | €34,907 | +€12,510 | +55.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,936 | €14,447 | +€12,510 | +646.1% |
| Amounts payable | 17/49 | €12,273 | €11,436 | -€837 | -6.8% |
| Amounts payable within one year | 42/48 | €12,273 | €11,436 | -€837 | -6.8% |
| Trade debts | 44 | €746 | €852 | +€106 | +14.2% |
| Suppliers | 440/4 | €746 | €852 | +€106 | +14.2% |
| Taxes, remuneration and social security | 45 | €5,027 | €4,084 | -€943 | -18.8% |
| Taxes | 450/3 | €5,027 | €4,084 | -€943 | -18.8% |
| Other amounts payable | 47/48 | €6,500 | €6,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,970 | - | -€2,970 | |
| Other operating charges | 640/8 | €318 | €120 | -€198 | -62.3% |
| Gross operating margin | 9900 | -€5,438 | €13,343 | +€18,781 | |
| Operating profit (loss) | 9901 | -€8,726 | €13,223 | +€21,949 | |
| Financial income | 75/76B | €17 | €18 | +€1 | +5.4% |
| Recurring financial income | 75 | €17 | €18 | +€1 | +5.4% |
| Financial charges | 65/66B | €420 | €731 | +€310 | +73.9% |
| Recurring financial charges | 65 | €420 | €731 | +€310 | +73.9% |
| Profit (loss) for the period before taxes | 9903 | -€9,129 | €12,510 | +€21,639 | |
| Profit (loss) for the period | 9904 | -€9,129 | €12,510 | +€21,639 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,129 | €12,510 | +€21,639 |
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 9 October 2026 via checked.be.