NES GROUP: 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.
NES GROUP
Largest movements
- Receivables within one year -€23,161
down €23,161 (-46.2%), from €50,167 to €27,006
of which Trade receivables: -€45,628
- Cash +€5,252
up €5,252 (+167.8%), from €3,130 to €8,382
mainly Receivables within one year (+€23,161) and Depreciation (+€4,704)
- Deferred charges and accrued income -€4,137
down €4,137 (-65.9%), from €6,276 to €2,139
- Tangible fixed assets -€2,537
down €2,537 (-39.4%), from €6,444 to €3,907
of which Furniture and vehicles: -€2,802
- Other debts -€9,958
down €9,958 (-42.6%), from €23,382 to €13,424
- Profit (loss) carried forward -€9,604
down €9,604 (-46.5%), from -€20,664 to -€30,268
- Tax, wage and social debts -€5,279
down €5,279 (-26.2%), from €20,150 to €14,871
- Other operating charges -€4,629
down €4,629 (-43.6%), from €10,624 to €5,995
- Gross operating margin -€4,164
down €4,164 (-4.9%), from €85,241 to €81,077
- Financial charges -€3,385
down €3,385 (-63.3%), from €5,347 to €1,962
- Staff costs +€1,780
up €1,780 (+2.5%), from €72,217 to €73,997
- Taxes -€1,639
down €1,639 (-28.9%), from €5,662 to €4,023
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 | €72,261 | €47,678 | -€24,583 | -34.0% |
| Fixed assets | 21/28 | €7,688 | €5,151 | -€2,537 | -33.0% |
| Tangible fixed assets | 22/27 | €6,444 | €3,907 | -€2,537 | -39.4% |
| Plant, machinery and equipment | 23 | €430 | €215 | -€215 | -50.0% |
| Furniture and vehicles | 24 | €6,014 | €3,212 | -€2,802 | -46.6% |
| Other tangible fixed assets | 26 | - | €480 | +€480 | |
| Financial fixed assets | 28 | €1,244 | €1,244 | = | 0.0% |
| Current assets | 29/58 | €64,573 | €42,527 | -€22,046 | -34.1% |
| Amounts receivable within one year | 40/41 | €50,167 | €27,006 | -€23,161 | -46.2% |
| Trade receivables | 40 | €45,628 | - | -€45,628 | |
| Other amounts receivable | 41 | €4,539 | €27,006 | +€22,467 | +495.0% |
| Current investments | 50/53 | €5,000 | €5,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,130 | €8,382 | +€5,252 | +167.8% |
| Deferred charges and accrued income | 490/1 | €6,276 | €2,139 | -€4,137 | -65.9% |
| Total equity and liabilities | 10/49 | €72,261 | €47,678 | -€24,583 | -34.0% |
| Equity | 10/15 | €12,888 | €3,284 | -€9,604 | -74.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €32,552 | €32,552 | = | 0.0% |
| Distributable reserves | 133 | €32,552 | €32,552 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,664 | -€30,268 | -€9,604 | -46.5% |
| Amounts payable | 17/49 | €59,373 | €44,394 | -€14,979 | -25.2% |
| Amounts payable within one year | 42/48 | €59,373 | €44,394 | -€14,979 | -25.2% |
| Trade debts | 44 | €15,841 | €16,099 | +€258 | +1.6% |
| Suppliers | 440/4 | €15,841 | €16,099 | +€258 | +1.6% |
| Taxes, remuneration and social security | 45 | €20,150 | €14,871 | -€5,279 | -26.2% |
| Taxes | 450/3 | €20,150 | €14,871 | -€5,279 | -26.2% |
| Other amounts payable | 47/48 | €23,382 | €13,424 | -€9,958 | -42.6% |
| Remuneration, social security and pensions | 62 | €72,217 | €73,997 | +€1,780 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,285 | €4,704 | +€419 | +9.8% |
| Other operating charges | 640/8 | €10,624 | €5,995 | -€4,629 | -43.6% |
| Gross operating margin | 9900 | €85,241 | €81,077 | -€4,164 | -4.9% |
| Operating profit (loss) | 9901 | -€1,885 | -€3,619 | -€1,734 | -92.0% |
| Financial charges | 65/66B | €5,347 | €1,962 | -€3,385 | -63.3% |
| Recurring financial charges | 65 | €5,347 | €1,962 | -€3,385 | -63.3% |
| Profit (loss) for the period before taxes | 9903 | -€7,232 | -€5,581 | +€1,651 | +22.8% |
| Income taxes | 67/77 | €5,662 | €4,023 | -€1,639 | -28.9% |
| Profit (loss) for the period | 9904 | -€12,894 | -€9,604 | +€3,290 | +25.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,894 | -€9,604 | +€3,290 | +25.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.