NESHIKA: 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.
NESHIKA
Largest movements
- Cash +€9,032
up €9,032 (+8.3%), from €108,326 to €117,358
mainly Other debts (+€46,238) and Depreciation (+€7,960)
- Stocks and contracts +€8,057
up €8,057 (+2.8%), from €290,907 to €298,964
- Tangible fixed assets -€7,960
down €7,960 (-26.0%), from €30,590 to €22,630
- Receivables within one year +€4,784
up €4,784 (+14.4%), from €33,189 to €37,973
- Other debts +€46,238
up €46,238 (+3.8%), from €1.2m to €1.3m
- Profit (loss) carried forward -€24,644
down €24,644 (-2.9%), from -€841,771 to -€866,415
- Tax, wage and social debts -€5,027
down €5,027 (-21.8%), from €23,090 to €18,063
of which Remuneration and social security: -€6,860
- Gross operating margin +€20,542
up €20,542 (+44.5%), from €46,205 to €66,747
- Staff costs +€5,052
up €5,052 (+7.9%), from €64,187 to €69,239
- Financial income +€3,030
up €3,030 (+321.7%), from €942 to €3,972
- Depreciation -€1,665
down €1,665 (-17.3%), from €9,625 to €7,960
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 | €463,705 | €477,618 | +€13,913 | +3.0% |
| Fixed assets | 21/28 | €31,283 | €23,323 | -€7,960 | -25.4% |
| Tangible fixed assets | 22/27 | €30,590 | €22,630 | -€7,960 | -26.0% |
| Furniture and vehicles | 24 | €30,590 | €22,630 | -€7,960 | -26.0% |
| Financial fixed assets | 28 | €693 | €693 | = | 0.0% |
| Current assets | 29/58 | €432,422 | €454,295 | +€21,873 | +5.1% |
| Stocks and contracts in progress | 3 | €290,907 | €298,964 | +€8,057 | +2.8% |
| Stocks | 30/36 | €290,907 | €298,964 | +€8,057 | +2.8% |
| Amounts receivable within one year | 40/41 | €33,189 | €37,973 | +€4,784 | +14.4% |
| Trade receivables | 40 | €33,189 | €37,973 | +€4,784 | +14.4% |
| Cash at bank and in hand | 54/58 | €108,326 | €117,358 | +€9,032 | +8.3% |
| Total equity and liabilities | 10/49 | €463,705 | €477,618 | +€13,913 | +3.0% |
| Equity | 10/15 | -€781,771 | -€806,415 | -€24,644 | -3.2% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€841,771 | -€866,415 | -€24,644 | -2.9% |
| Amounts payable | 17/49 | €1,245,476 | €1,284,033 | +€38,557 | +3.1% |
| Amounts payable within one year | 42/48 | €1,245,476 | €1,284,033 | +€38,557 | +3.1% |
| Trade debts | 44 | €11,420 | €8,766 | -€2,654 | -23.2% |
| Suppliers | 440/4 | €11,420 | €8,766 | -€2,654 | -23.2% |
| Taxes, remuneration and social security | 45 | €23,090 | €18,063 | -€5,027 | -21.8% |
| Taxes | 450/3 | €4,510 | €6,343 | +€1,833 | +40.6% |
| Remuneration and social security | 454/9 | €18,580 | €11,720 | -€6,860 | -36.9% |
| Other amounts payable | 47/48 | €1,210,966 | €1,257,204 | +€46,238 | +3.8% |
| Remuneration, social security and pensions | 62 | €64,187 | €69,239 | +€5,052 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,625 | €7,960 | -€1,665 | -17.3% |
| Other operating charges | 640/8 | €13,266 | €13,299 | +€33 | +0.2% |
| Gross operating margin | 9900 | €46,205 | €66,747 | +€20,542 | +44.5% |
| Operating profit (loss) | 9901 | -€40,873 | -€23,751 | +€17,122 | +41.9% |
| Financial income | 75/76B | €942 | €3,972 | +€3,030 | +321.7% |
| Recurring financial income | 75 | €942 | €3,972 | +€3,030 | +321.7% |
| Financial charges | 65/66B | €4,758 | €4,723 | -€35 | -0.7% |
| Recurring financial charges | 65 | €4,758 | €4,723 | -€35 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | -€44,689 | -€24,502 | +€20,187 | +45.2% |
| Income taxes | 67/77 | €137 | €142 | +€5 | +3.6% |
| Profit (loss) for the period | 9904 | -€44,826 | -€24,644 | +€20,182 | +45.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,826 | -€24,644 | +€20,182 | +45.0% |
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 12 October 2026 via checked.be.