NESSAH: 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.
NESSAH
Largest movements
- Tangible fixed assets -€494,418
down €494,418 (-29.1%), from €1.7m to €1.2m
of which Land and buildings: -€486,560
- Receivables within one year +€70,995
up €70,995 (+62.9%), from €112,785 to €183,780
of which Other amounts receivable: +€72,734
- Other debts -€309,240
down €309,240 (-100.0%), from €309,240 to €0
- Tax, wage and social debts -€100,139
down €100,139 (-54.5%), from €183,707 to €83,568
- Advances received -€92,620
down €92,620 (-86.1%), from €107,620 to €15,000
- Trade debts +€70,183
up €70,183 (+66.8%), from €104,989 to €175,172
- Reserves +€32,797
up €32,797 (+3.6%), from €907,281 to €940,078
of which Distributable reserves: +€34,488
- Taxes -€47,283
down €47,283 (-92.6%), from €51,064 to €3,781
- Gross operating margin +€40,879
up €40,879 (+65.2%), from €62,675 to €103,555
- Other operating charges -€40,710
down €40,710 (-63.7%), from €63,873 to €23,163
- Write-downs +€36,667
up €36,667, from -€36,667 to €0
- Depreciation -€19,425
down €19,425 (-21.2%), from €91,493 to €72,067
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 | €1,821,105 | €1,393,169 | -€427,936 | -23.5% |
| Fixed assets | 21/28 | €1,699,490 | €1,205,072 | -€494,418 | -29.1% |
| Tangible fixed assets | 22/27 | €1,699,490 | €1,205,072 | -€494,418 | -29.1% |
| Land and buildings | 22 | €1,672,737 | €1,186,177 | -€486,560 | -29.1% |
| Plant, machinery and equipment | 23 | €2,854 | €2,102 | -€752 | -26.3% |
| Furniture and vehicles | 24 | €23,899 | €16,792 | -€7,107 | -29.7% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €121,615 | €188,097 | +€66,482 | +54.7% |
| Amounts receivable within one year | 40/41 | €112,785 | €183,780 | +€70,995 | +62.9% |
| Trade receivables | 40 | €2,393 | €654 | -€1,738 | -72.7% |
| Other amounts receivable | 41 | €110,392 | €183,126 | +€72,734 | +65.9% |
| Cash at bank and in hand | 54/58 | €5,456 | €765 | -€4,690 | -86.0% |
| Deferred charges and accrued income | 490/1 | €3,374 | €3,551 | +€177 | +5.2% |
| Total equity and liabilities | 10/49 | €1,821,105 | €1,393,169 | -€427,936 | -23.5% |
| Equity | 10/15 | €1,026,944 | €1,059,741 | +€32,797 | +3.2% |
| Contributions | 10/11 | €86,763 | €86,763 | = | 0.0% |
| Revaluation surpluses | 12 | €32,900 | €32,900 | = | 0.0% |
| Reserves | 13 | €907,281 | €940,078 | +€32,797 | +3.6% |
| Non-distributable reserves | 130/1 | €8,676 | €0 | -€8,676 | -100.0% |
| Reserves not available under the articles | 1311 | €8,676 | €0 | -€8,676 | -100.0% |
| Tax-exempt reserves | 132 | €172,075 | €179,060 | +€6,986 | +4.1% |
| Distributable reserves | 133 | €726,530 | €761,018 | +€34,488 | +4.7% |
| Provisions and deferred taxes | 16 | €88,605 | €59,687 | -€28,918 | -32.6% |
| Deferred taxes | 168 | €88,605 | €59,687 | -€28,918 | -32.6% |
| Amounts payable | 17/49 | €705,556 | €273,740 | -€431,815 | -61.2% |
| Amounts payable within one year | 42/48 | €705,556 | €273,740 | -€431,815 | -61.2% |
| Trade debts | 44 | €104,989 | €175,172 | +€70,183 | +66.8% |
| Suppliers | 440/4 | €104,989 | €175,172 | +€70,183 | +66.8% |
| Advances received on contracts in progress | 46 | €107,620 | €15,000 | -€92,620 | -86.1% |
| Taxes, remuneration and social security | 45 | €183,707 | €83,568 | -€100,139 | -54.5% |
| Taxes | 450/3 | €183,707 | €83,568 | -€100,139 | -54.5% |
| Other amounts payable | 47/48 | €309,240 | €0 | -€309,240 | -100.0% |
| Non-recurring operating income | 76A | - | €59,649 | +€59,649 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,493 | €72,067 | -€19,425 | -21.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€36,667 | €0 | +€36,667 | |
| Other operating charges | 640/8 | €63,873 | €23,163 | -€40,710 | -63.7% |
| Gross operating margin | 9900 | €62,675 | €103,555 | +€40,879 | +65.2% |
| Operating profit (loss) | 9901 | -€56,023 | €8,324 | +€64,347 | |
| Financial income | 75/76B | €129 | €0 | -€129 | -100.0% |
| Recurring financial income | 75 | €129 | €0 | -€129 | -100.0% |
| Financial charges | 65/66B | €1,900 | €664 | -€1,236 | -65.0% |
| Recurring financial charges | 65 | €1,900 | €664 | -€1,236 | -65.0% |
| Profit (loss) for the period before taxes | 9903 | -€57,795 | €7,660 | +€65,455 | |
| Transfer from deferred taxes | 780 | €7,453 | €5,483 | -€1,970 | -26.4% |
| Income taxes | 67/77 | €51,064 | €3,781 | -€47,283 | -92.6% |
| Profit (loss) for the period | 9904 | -€101,406 | €9,362 | +€110,768 | |
| Transfer from tax-exempt reserves | 789 | €14,474 | €16,449 | +€1,975 | +13.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€86,931 | €25,812 | +€112,743 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.