NESTAAN ENGINEERING: 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.
NESTAAN ENGINEERING
Largest movements
- Current investments +€66,127
up €66,127 (+115%), from €57,625 to €123,752
- Receivables within one year +€22,177
new in 2025: €22,177
of which Trade receivables: +€18,994
- Cash +€8,530
up €8,530 (+716%), from €1,191 to €9,721
mainly Other debts (+€80,755) and Net result for the year (+€11,513)
- Other debts +€80,755
up €80,755 (+224%), from €36,000 to €116,755
- Trade debts +€7,584
up €7,584 (+6,019%), from €126 to €7,710
- Reserves +€4,734
up €4,734 (+62.9%), from €7,530 to €12,264
of which Distributable reserves: +€6,589
- Profit (loss) carried forward +€3,524
no longer reported in 2025 (was -€3,524)
- Financial income +€16,280
up €16,280 (+413%), from €3,938 to €20,217
- Taxes +€2,948
up €2,948 (+299%), from €985 to €3,933
- Gross operating margin -€1,656
down €1,656 (-273%), from -€605 to -€2,261
- Other operating charges +€521
up €521 (+101%), from €513 to €1,034
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 | €58,815 | €155,650 | +€96,835 | +165% |
| Current assets | 29/58 | €58,815 | €155,650 | +€96,835 | +165% |
| Amounts receivable within one year | 40/41 | - | €22,177 | +€22,177 | |
| Trade receivables | 40 | - | €18,994 | +€18,994 | |
| Other amounts receivable | 41 | - | €3,183 | +€3,183 | |
| Current investments | 50/53 | €57,625 | €123,752 | +€66,127 | +115% |
| Cash at bank and in hand | 54/58 | €1,191 | €9,721 | +€8,530 | +716% |
| Total equity and liabilities | 10/49 | €58,815 | €155,650 | +€96,835 | +165% |
| Equity | 10/15 | €22,555 | €30,814 | +€8,258 | +36.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €7,530 | €12,264 | +€4,734 | +62.9% |
| Non-distributable reserves | 130/1 | €1,855 | - | -€1,855 | |
| Reserves not available under the articles | 1311 | €1,855 | - | -€1,855 | |
| Distributable reserves | 133 | €5,675 | €12,264 | +€6,589 | +116% |
| Profit (loss) carried forward | 14 | -€3,524 | - | +€3,524 | |
| Amounts payable | 17/49 | €36,260 | €124,836 | +€88,576 | +244% |
| Amounts payable within one year | 42/48 | €36,239 | €124,464 | +€88,226 | +243% |
| Trade debts | 44 | €126 | €7,710 | +€7,584 | +6,019% |
| Suppliers | 440/4 | €126 | €7,710 | +€7,584 | +6,019% |
| Taxes, remuneration and social security | 45 | €113 | - | -€113 | |
| Taxes | 450/3 | €113 | - | -€113 | |
| Other amounts payable | 47/48 | €36,000 | €116,755 | +€80,755 | +224% |
| Accrued charges and deferred income | 492/3 | €21 | €372 | +€351 | +1,638% |
| Other operating charges | 640/8 | €513 | €1,034 | +€521 | +101% |
| Gross operating margin | 9900 | -€605 | -€2,261 | -€1,656 | -273% |
| Operating profit (loss) | 9901 | -€1,119 | -€3,295 | -€2,176 | -195% |
| Financial income | 75/76B | €3,938 | €20,217 | +€16,280 | +413% |
| Recurring financial income | 75 | €3,938 | €20,217 | +€16,280 | +413% |
| Financial charges | 65/66B | €1,471 | €1,477 | +€6 | +0.4% |
| Recurring financial charges | 65 | €1,471 | €1,477 | +€6 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €1,348 | €15,446 | +€14,097 | +1,046% |
| Income taxes | 67/77 | €985 | €3,933 | +€2,948 | +299% |
| Profit (loss) for the period | 9904 | €363 | €11,513 | +€11,150 | +3,070% |
| Profit (loss) for the period to be appropriated | 9905 | €363 | €11,513 | +€11,150 | +3,070% |
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 18 October 2026 via checked.be.