Nested Property Management Services: 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.
Nested Property Management Services
Largest movements
- Receivables within one year -€7,364
down €7,364 (-9.3%), from €79,440 to €72,076
of which Trade receivables: -€4,027
- Tangible fixed assets -€2,182
down €2,182 (-55.2%), from €3,956 to €1,774
of which Furniture and vehicles: -€1,482
- Trade debts -€7,541
down €7,541 (-67.3%), from €11,205 to €3,664
- Profit (loss) carried forward -€4,890
down €4,890 (-94.9%), from €5,151 to €261
- Short-term financial debts +€1,767
up €1,767 (+19.4%), from €9,122 to €10,890
- Gross operating margin +€21,216
up €21,216 (+82.7%), from -€25,662 to -€4,446
- Depreciation +€1,429
up €1,429 (+189.8%), from €753 to €2,182
- Financial income -€1,166
down €1,166 (-26.5%), from €4,404 to €3,238
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 | €85,390 | €74,638 | -€10,751 | -12.6% |
| Fixed assets | 21/28 | €4,156 | €1,974 | -€2,182 | -52.5% |
| Tangible fixed assets | 22/27 | €3,956 | €1,774 | -€2,182 | -55.2% |
| Furniture and vehicles | 24 | €2,910 | €1,429 | -€1,482 | -50.9% |
| Other tangible fixed assets | 26 | €1,045 | €345 | -€700 | -67.0% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €81,234 | €72,664 | -€8,570 | -10.5% |
| Amounts receivable within one year | 40/41 | €79,440 | €72,076 | -€7,364 | -9.3% |
| Trade receivables | 40 | €15,533 | €11,506 | -€4,027 | -25.9% |
| Other amounts receivable | 41 | €63,906 | €60,570 | -€3,337 | -5.2% |
| Cash at bank and in hand | 54/58 | €1,422 | €589 | -€833 | -58.6% |
| Deferred charges and accrued income | 490/1 | €373 | - | -€373 | |
| Total equity and liabilities | 10/49 | €85,390 | €74,638 | -€10,751 | -12.6% |
| Equity | 10/15 | €56,611 | €51,721 | -€4,890 | -8.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €45,260 | €45,260 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €43,400 | €43,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,151 | €261 | -€4,890 | -94.9% |
| Amounts payable | 17/49 | €28,779 | €22,917 | -€5,861 | -20.4% |
| Amounts payable within one year | 42/48 | €28,779 | €22,917 | -€5,861 | -20.4% |
| Financial debts | 43 | €9,122 | €10,890 | +€1,767 | +19.4% |
| Credit institutions | 430/8 | €9,122 | €10,890 | +€1,767 | +19.4% |
| Trade debts | 44 | €11,205 | €3,664 | -€7,541 | -67.3% |
| Suppliers | 440/4 | €11,205 | €3,664 | -€7,541 | -67.3% |
| Taxes, remuneration and social security | 45 | €283 | €313 | +€30 | +10.4% |
| Taxes | 450/3 | €283 | €313 | +€30 | +10.4% |
| Other amounts payable | 47/48 | €8,168 | €8,051 | -€117 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €753 | €2,182 | +€1,429 | +189.8% |
| Other operating charges | 640/8 | €211 | €258 | +€47 | +22.2% |
| Gross operating margin | 9900 | -€25,662 | -€4,446 | +€21,216 | +82.7% |
| Operating profit (loss) | 9901 | -€26,626 | -€6,886 | +€19,741 | +74.1% |
| Financial income | 75/76B | €4,404 | €3,238 | -€1,166 | -26.5% |
| Recurring financial income | 75 | €4,404 | €3,238 | -€1,166 | -26.5% |
| Financial charges | 65/66B | €1,039 | €1,109 | +€70 | +6.7% |
| Recurring financial charges | 65 | €1,039 | €1,109 | +€70 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | -€23,260 | -€4,756 | +€18,504 | +79.6% |
| Income taxes | 67/77 | €170 | €134 | -€36 | -21.0% |
| Profit (loss) for the period | 9904 | -€23,430 | -€4,890 | +€18,540 | +79.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,430 | -€4,890 | +€18,540 | +79.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.