Nest Antwerp: 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.
Nest Antwerp
Largest movements
- Tangible fixed assets -€9,156
down €9,156 (-16.8%), from €54,660 to €45,504
of which Other tangible fixed assets: -€5,652
- Cash -€7,370
down €7,370 (-19.7%), from €37,492 to €30,122
mainly Other debts (-€38,513) and Debts after one year (-€13,296)
- Financial fixed assets -€6,450
down €6,450 (-100%), from €6,450 to €0
- Receivables within one year -€3,172
down €3,172 (-56.7%), from €5,596 to €2,424
of which Trade receivables: -€5,596
- Other debts -€38,513
down €38,513 (-79.2%), from €48,625 to €10,112
- Trade debts +€18,278
up €18,278 (+462%), from €3,952 to €22,230
- Debts after one year -€13,296
down €13,296 (-38.0%), from €35,000 to €21,704
- Current portion of long-term debt +€8,474
up €8,474 (+665%), from €1,274 to €9,748
- Profit (loss) carried forward -€1,897
down €1,897 (-33.9%), from -€5,596 to -€7,493
- Gross operating margin +€6,641
up €6,641 (+40.3%), from €16,472 to €23,112
- Other operating charges +€3,119
up €3,119 (+38.1%), from €8,186 to €11,305
- Financial charges +€1,401
up €1,401 (+77.7%), from €1,803 to €3,204
- Depreciation +€253
up €253 (+2.5%), from €10,265 to €10,518
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 | €104,198 | €78,050 | -€26,148 | -25.1% |
| Fixed assets | 21/28 | €61,110 | €45,504 | -€15,606 | -25.5% |
| Tangible fixed assets | 22/27 | €54,660 | €45,504 | -€9,156 | -16.8% |
| Plant, machinery and equipment | 23 | €6,737 | €4,291 | -€2,446 | -36.3% |
| Furniture and vehicles | 24 | €4,422 | €3,364 | -€1,058 | -23.9% |
| Other tangible fixed assets | 26 | €43,501 | €37,849 | -€5,652 | -13.0% |
| Financial fixed assets | 28 | €6,450 | €0 | -€6,450 | -100% |
| Current assets | 29/58 | €43,088 | €32,546 | -€10,542 | -24.5% |
| Amounts receivable within one year | 40/41 | €5,596 | €2,424 | -€3,172 | -56.7% |
| Trade receivables | 40 | €5,596 | €0 | -€5,596 | -100% |
| Other amounts receivable | 41 | €0 | €2,424 | +€2,424 | |
| Cash at bank and in hand | 54/58 | €37,492 | €30,122 | -€7,370 | -19.7% |
| Total equity and liabilities | 10/49 | €104,198 | €78,050 | -€26,148 | -25.1% |
| Equity | 10/15 | €14,404 | €12,507 | -€1,897 | -13.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,596 | -€7,493 | -€1,897 | -33.9% |
| Amounts payable | 17/49 | €89,794 | €65,543 | -€24,251 | -27.0% |
| Amounts payable after more than one year | 17 | €35,000 | €21,704 | -€13,296 | -38.0% |
| Financial debts | 170/4 | €35,000 | €21,704 | -€13,296 | -38.0% |
| Amounts payable within one year | 42/48 | €54,794 | €43,839 | -€10,955 | -20.0% |
| Current portion of amounts payable after more than one year | 42 | €1,274 | €9,748 | +€8,474 | +665% |
| Trade debts | 44 | €3,952 | €22,230 | +€18,278 | +462% |
| Suppliers | 440/4 | €3,952 | €22,230 | +€18,278 | +462% |
| Taxes, remuneration and social security | 45 | €943 | €1,749 | +€807 | +85.6% |
| Taxes | 450/3 | €943 | €1,749 | +€807 | +85.6% |
| Other amounts payable | 47/48 | €48,625 | €10,112 | -€38,513 | -79.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,265 | €10,518 | +€253 | +2.5% |
| Other operating charges | 640/8 | €8,186 | €11,305 | +€3,119 | +38.1% |
| Gross operating margin | 9900 | €16,472 | €23,112 | +€6,641 | +40.3% |
| Operating profit (loss) | 9901 | -€1,979 | €1,290 | +€3,269 | |
| Financial income | 75/76B | €48 | €17 | -€30 | -63.2% |
| Recurring financial income | 75 | €48 | €17 | -€30 | -63.2% |
| Financial charges | 65/66B | €1,803 | €3,204 | +€1,401 | +77.7% |
| Recurring financial charges | 65 | €1,803 | €3,204 | +€1,401 | +77.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,735 | -€1,897 | +€1,838 | +49.2% |
| Income taxes | 67/77 | €35 | €0 | -€35 | -100% |
| Profit (loss) for the period | 9904 | -€3,770 | -€1,897 | +€1,873 | +49.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,770 | -€1,897 | +€1,873 | +49.7% |
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 24 October 2026 via checked.be.