Nest Group: 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 Group
Largest movements
- Cash +€25,194
up €25,194 (+59.3%), from €42,457 to €67,651
mainly Net result for the year (+€19,866) and Other debts (+€7,827)
- Tangible fixed assets +€15,244
up €15,244 (+633.8%), from €2,405 to €17,649
of which Furniture and vehicles: +€15,021
- Receivables within one year -€1,283
down €1,283 (-18.3%), from €7,026 to €5,743
of which Other amounts receivable: -€2,465
- Reserves +€10,000
new in 2025: €10,000
- Profit (loss) carried forward +€9,866
up €9,866 (+37.3%), from €26,443 to €36,308
- Other debts +€7,827
up €7,827 (+168.0%), from €4,660 to €12,487
- Trade debts +€5,930
up €5,930 (+46111.3%), from €13 to €5,943
- Tax, wage and social debts +€5,896
up €5,896 (+271.2%), from €2,173 to €8,069
- Turnover +€55,212
up €55,212 (+198.3%), from €27,844 to €83,056
- Purchases and services +€33,732
up €33,732 (+183.5%), from €18,384 to €52,115
- Gross operating margin +€21,480
up €21,480 (+227.1%), from €9,460 to €30,941
- Taxes +€4,065
up €4,065 (+187.0%), from €2,173 to €6,239
- Depreciation +€3,270
up €3,270 (+411.4%), from €795 to €4,064
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 | €51,889 | €91,407 | +€39,518 | +76.2% |
| Fixed assets | 21/28 | €2,405 | €17,649 | +€15,244 | +633.8% |
| Tangible fixed assets | 22/27 | €2,405 | €17,649 | +€15,244 | +633.8% |
| Plant, machinery and equipment | 23 | - | €223 | +€223 | |
| Furniture and vehicles | 24 | €2,405 | €17,426 | +€15,021 | +624.5% |
| Current assets | 29/58 | €49,484 | €73,757 | +€24,274 | +49.1% |
| Amounts receivable within one year | 40/41 | €7,026 | €5,743 | -€1,283 | -18.3% |
| Trade receivables | 40 | €3,092 | €4,274 | +€1,182 | +38.2% |
| Other amounts receivable | 41 | €3,934 | €1,469 | -€2,465 | -62.7% |
| Cash at bank and in hand | 54/58 | €42,457 | €67,651 | +€25,194 | +59.3% |
| Deferred charges and accrued income | 490/1 | - | €363 | +€363 | |
| Total equity and liabilities | 10/49 | €51,889 | €91,407 | +€39,518 | +76.2% |
| Equity | 10/15 | €45,043 | €64,908 | +€19,866 | +44.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €10,000 | +€10,000 | |
| Distributable reserves | 133 | - | €10,000 | +€10,000 | |
| Profit (loss) carried forward | 14 | €26,443 | €36,308 | +€9,866 | +37.3% |
| Amounts payable | 17/49 | €6,846 | €26,499 | +€19,652 | +287.1% |
| Amounts payable within one year | 42/48 | €6,846 | €26,499 | +€19,652 | +287.1% |
| Trade debts | 44 | €13 | €5,943 | +€5,930 | +46111.3% |
| Suppliers | 440/4 | €13 | €5,943 | +€5,930 | +46111.3% |
| Taxes, remuneration and social security | 45 | €2,173 | €8,069 | +€5,896 | +271.2% |
| Taxes | 450/3 | €2,173 | €8,069 | +€5,896 | +271.2% |
| Other amounts payable | 47/48 | €4,660 | €12,487 | +€7,827 | +168.0% |
| Turnover | 70 | €27,844 | €83,056 | +€55,212 | +198.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €18,384 | €52,115 | +€33,732 | +183.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €795 | €4,064 | +€3,270 | +411.4% |
| Other operating charges | 640/8 | €505 | €566 | +€60 | +11.9% |
| Gross operating margin | 9900 | €9,460 | €30,941 | +€21,480 | +227.1% |
| Operating profit (loss) | 9901 | €8,160 | €26,311 | +€18,150 | +222.4% |
| Financial income | 75/76B | €10 | €20 | +€10 | +100.8% |
| Recurring financial income | 75 | €10 | €20 | +€10 | +100.8% |
| Financial charges | 65/66B | €194 | €227 | +€32 | +16.7% |
| Recurring financial charges | 65 | €194 | €227 | +€32 | +16.7% |
| Profit (loss) for the period before taxes | 9903 | €7,976 | €26,104 | +€18,128 | +227.3% |
| Income taxes | 67/77 | €2,173 | €6,239 | +€4,065 | +187.0% |
| Profit (loss) for the period | 9904 | €5,803 | €19,866 | +€14,063 | +242.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,803 | €19,866 | +€14,063 | +242.4% |
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.