NESIL: 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.
NESIL
Largest movements
- Cash -€7,157
down €7,157 (-71.0%), from €10,086 to €2,930
mainly Net result for the year (-€9,329) and Tax, wage and social debts (-€2,854)
- Receivables within one year -€2,707
down €2,707 (-48.0%), from €5,645 to €2,938
- Stocks and contracts +€511
up €511 (+9.0%), from €5,676 to €6,187
- Tangible fixed assets -€500
down €500 (-50.0%), from €1,000 to €500
- Profit (loss) carried forward -€9,329
down €9,329 (-16.8%), from -€55,551 to -€64,880
- Tax, wage and social debts -€2,854
down €2,854 (-97.7%), from €2,921 to €68
- Trade debts +€2,330
up €2,330 (+4.0%), from €58,917 to €61,247
- Staff costs +€18,345
up €18,345 (+28.0%), from €65,546 to €83,891
- Gross operating margin +€3,039
up €3,039 (+4.2%), from €73,076 to €76,115
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.
Derived cash bridge
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 | €24,888 | €15,035 | -€9,853 | -39.6% |
| Fixed assets | 21/28 | €3,481 | €2,981 | -€500 | -14.4% |
| Tangible fixed assets | 22/27 | €1,000 | €500 | -€500 | -50.0% |
| Furniture and vehicles | 24 | €1,000 | €500 | -€500 | -50.0% |
| Financial fixed assets | 28 | €2,481 | €2,481 | = | 0.0% |
| Current assets | 29/58 | €21,407 | €12,054 | -€9,353 | -43.7% |
| Stocks and contracts in progress | 3 | €5,676 | €6,187 | +€511 | +9.0% |
| Stocks | 30/36 | €5,676 | €6,187 | +€511 | +9.0% |
| Amounts receivable within one year | 40/41 | €5,645 | €2,938 | -€2,707 | -48.0% |
| Other amounts receivable | 41 | €5,645 | €2,938 | -€2,707 | -48.0% |
| Cash at bank and in hand | 54/58 | €10,086 | €2,930 | -€7,157 | -71.0% |
| Total equity and liabilities | 10/49 | €24,888 | €15,035 | -€9,853 | -39.6% |
| Equity | 10/15 | -€36,951 | -€46,280 | -€9,329 | -25.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,551 | -€64,880 | -€9,329 | -16.8% |
| Amounts payable | 17/49 | €61,839 | €61,315 | -€524 | -0.8% |
| Amounts payable within one year | 42/48 | €61,839 | €61,315 | -€524 | -0.8% |
| Trade debts | 44 | €58,917 | €61,247 | +€2,330 | +4.0% |
| Suppliers | 440/4 | €58,917 | €61,247 | +€2,330 | +4.0% |
| Taxes, remuneration and social security | 45 | €2,921 | €68 | -€2,854 | -97.7% |
| Taxes | 450/3 | €2,921 | €68 | -€2,854 | -97.7% |
| Remuneration, social security and pensions | 62 | €65,546 | €83,891 | +€18,345 | +28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €500 | €500 | = | 0.0% |
| Other operating charges | 640/8 | €676 | €999 | +€323 | +47.7% |
| Gross operating margin | 9900 | €73,076 | €76,115 | +€3,039 | +4.2% |
| Operating profit (loss) | 9901 | €6,354 | -€9,275 | -€15,629 | |
| Financial income | 75/76B | €96 | €88 | -€8 | -8.5% |
| Recurring financial income | 75 | €96 | €88 | -€8 | -8.5% |
| Financial charges | 65/66B | €53 | €72 | +€19 | +35.2% |
| Recurring financial charges | 65 | €53 | €72 | +€19 | +35.2% |
| Profit (loss) for the period before taxes | 9903 | €6,396 | -€9,259 | -€15,656 | |
| Income taxes | 67/77 | €90 | €70 | -€21 | -22.8% |
| Profit (loss) for the period | 9904 | €6,306 | -€9,329 | -€15,635 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,306 | -€9,329 | -€15,635 |
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 13 October 2026 via checked.be.