Nest Builders: 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 Builders
Largest movements
- Stocks and contracts +€48,353
up €48,353 (+40.4%), from €119,547 to €167,899
- Cash -€17,833
down €17,833 (-49.6%), from €35,922 to €18,089
mainly Stocks and contracts (-€48,353) and Receivables within one year (-€3,332)
- Receivables within one year +€3,332
up €3,332 (+1832.1%), from €182 to €3,513
of which Other amounts receivable: +€2,110
- Tangible fixed assets -€2,000
down €2,000 (-31.0%), from €6,444 to €4,444
- Debts after one year +€21,000
up €21,000 (+20.2%), from €104,000 to €125,000
- Trade debts +€4,443
up €4,443 (+60.9%), from €7,293 to €11,737
- Profit (loss) carried forward +€3,266
up €3,266 (+17.6%), from -€18,546 to -€15,280
- Other debts +€3,017
up €3,017 (+6.3%), from €47,552 to €50,569
- Gross operating margin +€15,077
up €15,077, from -€3,094 to €11,984
- Financial charges +€3,209
up €3,209 (+128.6%), from €2,495 to €5,704
- Other operating charges -€466
down €466 (-31.5%), from €1,480 to €1,014
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 | €162,220 | €193,946 | +€31,726 | +19.6% |
| Fixed assets | 21/28 | €6,444 | €4,444 | -€2,000 | -31.0% |
| Tangible fixed assets | 22/27 | €6,444 | €4,444 | -€2,000 | -31.0% |
| Furniture and vehicles | 24 | €6,444 | €4,444 | -€2,000 | -31.0% |
| Current assets | 29/58 | €155,776 | €189,502 | +€33,726 | +21.7% |
| Stocks and contracts in progress | 3 | €119,547 | €167,899 | +€48,353 | +40.4% |
| Stocks | 30/36 | €119,547 | €167,899 | +€48,353 | +40.4% |
| Amounts receivable within one year | 40/41 | €182 | €3,513 | +€3,332 | +1832.1% |
| Trade receivables | 40 | €0 | €1,222 | +€1,222 | |
| Other amounts receivable | 41 | €182 | €2,292 | +€2,110 | +1160.3% |
| Cash at bank and in hand | 54/58 | €35,922 | €18,089 | -€17,833 | -49.6% |
| Deferred charges and accrued income | 490/1 | €126 | €0 | -€126 | -100.0% |
| Total equity and liabilities | 10/49 | €162,220 | €193,946 | +€31,726 | +19.6% |
| Equity | 10/15 | €2,400 | €5,666 | +€3,266 | +136.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €946 | €946 | = | 0.0% |
| Distributable reserves | 133 | €946 | €946 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,546 | -€15,280 | +€3,266 | +17.6% |
| Amounts payable | 17/49 | €159,820 | €188,280 | +€28,460 | +17.8% |
| Amounts payable after more than one year | 17 | €104,000 | €125,000 | +€21,000 | +20.2% |
| Financial debts | 170/4 | €104,000 | €125,000 | +€21,000 | +20.2% |
| Amounts payable within one year | 42/48 | €55,820 | €63,280 | +€7,460 | +13.4% |
| Trade debts | 44 | €7,293 | €11,737 | +€4,443 | +60.9% |
| Suppliers | 440/4 | €7,293 | €11,737 | +€4,443 | +60.9% |
| Taxes, remuneration and social security | 45 | €975 | €975 | = | 0.0% |
| Taxes | 450/3 | €975 | €975 | = | 0.0% |
| Other amounts payable | 47/48 | €47,552 | €50,569 | +€3,017 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,000 | €2,000 | = | 0.0% |
| Other operating charges | 640/8 | €1,480 | €1,014 | -€466 | -31.5% |
| Gross operating margin | 9900 | -€3,094 | €11,984 | +€15,077 | |
| Operating profit (loss) | 9901 | -€6,574 | €8,970 | +€15,543 | |
| Financial income | 75/76B | €18 | €0 | -€18 | -100.0% |
| Recurring financial income | 75 | €18 | €0 | -€18 | -100.0% |
| Financial charges | 65/66B | €2,495 | €5,704 | +€3,209 | +128.6% |
| Recurring financial charges | 65 | €2,495 | €5,704 | +€3,209 | +128.6% |
| Profit (loss) for the period before taxes | 9903 | -€9,051 | €3,266 | +€12,317 | |
| Profit (loss) for the period | 9904 | -€9,051 | €3,266 | +€12,317 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,051 | €3,266 | +€12,317 |
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 11 October 2026 via checked.be.