NestEban Management: 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.
NestEban Management
Largest movements
- Tangible fixed assets +€61,431
up €61,431 (+3,520%), from €1,745 to €63,176
- Cash -€27,295
down €27,295 (-62.8%), from €43,497 to €16,202
mainly Investment in fixed assets (net) (-€73,864) and Net result for the year (-€15,511)
- Receivables within one year -€20,130
down €20,130 (-95.3%), from €21,131 to €1,001
of which Trade receivables: -€20,130
- Debts after one year +€27,512
new in 2025: €27,512
- Profit (loss) carried forward -€15,511
down €15,511 (-28.3%), from €54,845 to €39,334
- Current portion of long-term debt +€7,815
new in 2025: €7,815
- Tax, wage and social debts -€5,596
down €5,596 (-58.9%), from €9,493 to €3,897
- Gross operating margin -€33,821
down €33,821 (-97.6%), from €34,636 to €815
- Depreciation +€11,917
up €11,917 (+3,256%), from €366 to €12,283
- Taxes -€5,752
down €5,752 (-96.7%), from €5,951 to €199
- Financial charges +€1,672
up €1,672 (+124%), from €1,353 to €3,025
- Other operating charges -€414
down €414 (-29.3%), from €1,413 to €999
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 | €67,088 | €81,468 | +€14,380 | +21.4% |
| Fixed assets | 21/28 | €1,745 | €63,326 | +€61,581 | +3,529% |
| Tangible fixed assets | 22/27 | €1,745 | €63,176 | +€61,431 | +3,520% |
| Furniture and vehicles | 24 | €1,745 | €63,176 | +€61,431 | +3,520% |
| Financial fixed assets | 28 | - | €150 | +€150 | |
| Current assets | 29/58 | €65,343 | €18,142 | -€47,201 | -72.2% |
| Amounts receivable within one year | 40/41 | €21,131 | €1,001 | -€20,130 | -95.3% |
| Trade receivables | 40 | €21,130 | €1,000 | -€20,130 | -95.3% |
| Other amounts receivable | 41 | €1 | €1 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €43,497 | €16,202 | -€27,295 | -62.8% |
| Deferred charges and accrued income | 490/1 | €715 | €939 | +€224 | +31.3% |
| Total equity and liabilities | 10/49 | €67,088 | €81,468 | +€14,380 | +21.4% |
| Equity | 10/15 | €54,846 | €39,335 | -€15,511 | -28.3% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,845 | €39,334 | -€15,511 | -28.3% |
| Amounts payable | 17/49 | €12,242 | €42,133 | +€29,891 | +244% |
| Amounts payable after more than one year | 17 | - | €27,512 | +€27,512 | |
| Financial debts | 170/4 | - | €27,512 | +€27,512 | |
| Amounts payable within one year | 42/48 | €11,045 | €13,064 | +€2,019 | +18.3% |
| Current portion of amounts payable after more than one year | 42 | - | €7,815 | +€7,815 | |
| Trade debts | 44 | €1,552 | €1,352 | -€200 | -12.9% |
| Suppliers | 440/4 | €1,552 | €1,352 | -€200 | -12.9% |
| Taxes, remuneration and social security | 45 | €9,493 | €3,897 | -€5,596 | -58.9% |
| Taxes | 450/3 | €9,493 | €3,897 | -€5,596 | -58.9% |
| Accrued charges and deferred income | 492/3 | €1,197 | €1,557 | +€360 | +30.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €366 | €12,283 | +€11,917 | +3,256% |
| Other operating charges | 640/8 | €1,413 | €999 | -€414 | -29.3% |
| Gross operating margin | 9900 | €34,636 | €815 | -€33,821 | -97.6% |
| Operating profit (loss) | 9901 | €32,857 | -€12,467 | -€45,324 | |
| Financial income | 75/76B | €226 | €180 | -€46 | -20.4% |
| Recurring financial income | 75 | €226 | €180 | -€46 | -20.4% |
| Financial charges | 65/66B | €1,353 | €3,025 | +€1,672 | +124% |
| Recurring financial charges | 65 | €1,353 | €3,025 | +€1,672 | +124% |
| Profit (loss) for the period before taxes | 9903 | €31,730 | -€15,312 | -€47,042 | |
| Income taxes | 67/77 | €5,951 | €199 | -€5,752 | -96.7% |
| Profit (loss) for the period | 9904 | €25,779 | -€15,511 | -€41,290 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,779 | -€15,511 | -€41,290 |
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 19 October 2026 via checked.be.