NERYA: 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.
NERYA
Largest movements
- Receivables within one year +€25,919
up €25,919 (+137.8%), from €18,811 to €44,730
of which Trade receivables: +€25,919
- Cash +€7,959
up €7,959 (+6.6%), from €120,737 to €128,696
mainly Net result for the year (+€69,541) and Other debts (+€31,339)
- Other debts +€31,339
up €31,339 (+77.0%), from €40,706 to €72,045
- Tax, wage and social debts +€5,004
up €5,004 (+86.9%), from €5,757 to €10,761
- Reserves -€1,860
down €1,860 (-2.5%), from €75,660 to €73,800
- Gross operating margin +€33,052
up €33,052 (+58.2%), from €56,759 to €89,811
- Taxes +€6,454
up €6,454 (+54.4%), from €11,871 to €18,325
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 | €144,258 | €177,778 | +€33,520 | +23.2% |
| Fixed assets | 21/28 | €4,710 | €4,352 | -€358 | -7.6% |
| Tangible fixed assets | 22/27 | €4,669 | €4,310 | -€358 | -7.7% |
| Other tangible fixed assets | 26 | €4,669 | €4,310 | -€358 | -7.7% |
| Financial fixed assets | 28 | €41 | €41 | = | 0.0% |
| Current assets | 29/58 | €139,548 | €173,427 | +€33,879 | +24.3% |
| Amounts receivable within one year | 40/41 | €18,811 | €44,730 | +€25,919 | +137.8% |
| Trade receivables | 40 | €17,932 | €43,852 | +€25,919 | +144.5% |
| Other amounts receivable | 41 | €879 | €879 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €120,737 | €128,696 | +€7,959 | +6.6% |
| Total equity and liabilities | 10/49 | €144,258 | €177,778 | +€33,520 | +23.2% |
| Equity | 10/15 | €94,307 | €92,448 | -€1,859 | -2.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €75,660 | €73,800 | -€1,860 | -2.5% |
| Distributable reserves | 133 | €75,660 | €73,800 | -€1,860 | -2.5% |
| Profit (loss) carried forward | 14 | €47 | €48 | +€1 | +2.5% |
| Amounts payable | 17/49 | €49,951 | €85,330 | +€35,379 | +70.8% |
| Amounts payable within one year | 42/48 | €49,951 | €85,330 | +€35,379 | +70.8% |
| Trade debts | 44 | €3,489 | €2,524 | -€964 | -27.6% |
| Suppliers | 440/4 | €3,489 | €2,524 | -€964 | -27.6% |
| Taxes, remuneration and social security | 45 | €5,757 | €10,761 | +€5,004 | +86.9% |
| Taxes | 450/3 | €5,757 | €10,761 | +€5,004 | +86.9% |
| Other amounts payable | 47/48 | €40,706 | €72,045 | +€31,339 | +77.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €358 | €358 | = | 0.0% |
| Other operating charges | 640/8 | €1,185 | €1,432 | +€247 | +20.9% |
| Gross operating margin | 9900 | €56,759 | €89,811 | +€33,052 | +58.2% |
| Operating profit (loss) | 9901 | €55,216 | €88,020 | +€32,805 | +59.4% |
| Financial charges | 65/66B | €235 | €154 | -€81 | -34.5% |
| Recurring financial charges | 65 | €235 | €154 | -€81 | -34.5% |
| Profit (loss) for the period before taxes | 9903 | €54,981 | €87,867 | +€32,886 | +59.8% |
| Income taxes | 67/77 | €11,871 | €18,325 | +€6,454 | +54.4% |
| Profit (loss) for the period | 9904 | €43,109 | €69,541 | +€26,432 | +61.3% |
| Profit (loss) for the period to be appropriated | 9905 | €43,109 | €69,541 | +€26,432 | +61.3% |
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 28 September 2026 via checked.be.