NESTCOM: 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.
NESTCOM
Largest movements
- Tangible fixed assets -€62,837
down €62,837 (-4.5%), from €1.4m to €1.3m
of which Land and buildings: -€44,360
- Cash +€16,751
up €16,751 (+230.3%), from €7,273 to €24,023
mainly Depreciation (+€68,618) and Trade debts (+€9,573)
- Debts after one year -€58,547
down €58,547 (-6.0%), from €982,848 to €924,301
- Gross operating margin +€7,633
up €7,633 (+8.4%), from €90,457 to €98,091
- Other operating charges -€2,966
down €2,966 (-29.5%), from €10,051 to €7,084
- Financial charges -€2,546
down €2,546 (-9.3%), from €27,456 to €24,909
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,425,682 | €1,377,196 | -€48,486 | -3.4% |
| Fixed assets | 21/28 | €1,416,956 | €1,353,119 | -€63,837 | -4.5% |
| Intangible fixed assets | 21 | €8,049 | €7,049 | -€1,000 | -12.4% |
| Tangible fixed assets | 22/27 | €1,408,907 | €1,346,070 | -€62,837 | -4.5% |
| Land and buildings | 22 | €1,242,868 | €1,198,508 | -€44,360 | -3.6% |
| Plant, machinery and equipment | 23 | €163,322 | €145,628 | -€17,694 | -10.8% |
| Furniture and vehicles | 24 | €2,716 | €1,934 | -€782 | -28.8% |
| Current assets | 29/58 | €8,726 | €24,077 | +€15,351 | +175.9% |
| Amounts receivable within one year | 40/41 | €782 | €14 | -€768 | -98.2% |
| Trade receivables | 40 | €480 | - | -€480 | |
| Other amounts receivable | 41 | €302 | €14 | -€288 | -95.4% |
| Cash at bank and in hand | 54/58 | €7,273 | €24,023 | +€16,751 | +230.3% |
| Deferred charges and accrued income | 490/1 | €671 | €40 | -€632 | -94.1% |
| Total equity and liabilities | 10/49 | €1,425,682 | €1,377,196 | -€48,486 | -3.4% |
| Equity | 10/15 | €218,131 | €214,981 | -€3,151 | -1.4% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Outside capital | 11 | €250,000 | €250,000 | = | 0.0% |
| Other | 1109/19 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,869 | -€35,019 | -€3,151 | -9.9% |
| Amounts payable | 17/49 | €1,207,551 | €1,162,216 | -€45,335 | -3.8% |
| Amounts payable after more than one year | 17 | €982,848 | €924,301 | -€58,547 | -6.0% |
| Financial debts | 170/4 | €982,848 | €924,301 | -€58,547 | -6.0% |
| Amounts payable within one year | 42/48 | €223,163 | €236,445 | +€13,283 | +6.0% |
| Current portion of amounts payable after more than one year | 42 | €61,204 | €62,137 | +€933 | +1.5% |
| Trade debts | 44 | €465 | €10,038 | +€9,573 | +2059.3% |
| Suppliers | 440/4 | €465 | €10,038 | +€9,573 | +2059.3% |
| Advances received on contracts in progress | 46 | €693 | €665 | -€28 | -4.0% |
| Taxes, remuneration and social security | 45 | €2,581 | €4,132 | +€1,551 | +60.1% |
| Taxes | 450/3 | €2,581 | €4,132 | +€1,551 | +60.1% |
| Other amounts payable | 47/48 | €158,220 | €159,474 | +€1,254 | +0.8% |
| Accrued charges and deferred income | 492/3 | €1,540 | €1,469 | -€71 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,804 | €68,618 | +€814 | +1.2% |
| Other operating charges | 640/8 | €10,051 | €7,084 | -€2,966 | -29.5% |
| Gross operating margin | 9900 | €90,457 | €98,091 | +€7,633 | +8.4% |
| Operating profit (loss) | 9901 | €12,603 | €22,388 | +€9,786 | +77.6% |
| Financial income | 75/76B | €8 | €0 | -€8 | -99.6% |
| Recurring financial income | 75 | €8 | €0 | -€8 | -99.6% |
| Financial charges | 65/66B | €27,456 | €24,909 | -€2,546 | -9.3% |
| Recurring financial charges | 65 | €27,456 | €24,909 | -€2,546 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | -€14,844 | -€2,521 | +€12,323 | +83.0% |
| Income taxes | 67/77 | €709 | €630 | -€79 | -11.1% |
| Profit (loss) for the period | 9904 | -€15,553 | -€3,151 | +€12,402 | +79.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,553 | -€3,151 | +€12,402 | +79.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.