NESTERRA: 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.
NESTERRA
Largest movements
- Financial fixed assets -€122,500
down €122,500 (-98.7%), from €124,065 to €1,565
- Stocks and contracts +€40,922
new in 2025: €40,922
- Receivables within one year -€20,804
down €20,804 (-8.7%), from €238,178 to €217,374
of which Other amounts receivable: -€15,844
- Tangible fixed assets +€14,336
up €14,336 (+237%), from €6,050 to €20,386
of which Furniture and vehicles: +€8,429
- Cash +€7,243
up €7,243 (+733%), from €988 to €8,231
mainly Investment in fixed assets (net) (+€103,195) and Receivables within one year (+€20,804)
- Profit (loss) carried forward -€84,865
down €84,865 (-56.0%), from €151,507 to €66,642
- Other operating charges +€85,170
up €85,170 (+8,383%), from €1,016 to €86,186
- Gross operating margin -€4,887
down €4,887 (-53.9%), from €9,064 to €4,177
- Depreciation +€2,699
up €2,699 (+119%), from €2,270 to €4,969
- Taxes -€1,982
down €1,982 (-72.8%), from €2,721 to €740
- Financial income -€1,489
down €1,489 (-33.0%), from €4,507 to €3,018
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 | €523,261 | €435,764 | -€87,497 | -16.7% |
| Fixed assets | 21/28 | €130,115 | €21,951 | -€108,164 | -83.1% |
| Tangible fixed assets | 22/27 | €6,050 | €20,386 | +€14,336 | +237% |
| Land and buildings | 22 | - | €4,718 | +€4,718 | |
| Plant, machinery and equipment | 23 | €5,947 | €7,137 | +€1,190 | +20.0% |
| Furniture and vehicles | 24 | €103 | €8,532 | +€8,429 | +8,183% |
| Financial fixed assets | 28 | €124,065 | €1,565 | -€122,500 | -98.7% |
| Current assets | 29/58 | €393,146 | €413,812 | +€20,666 | +5.3% |
| Amounts receivable after more than one year | 29 | €153,980 | €147,285 | -€6,695 | -4.3% |
| Other amounts receivable | 291 | €153,980 | €147,285 | -€6,695 | -4.3% |
| Stocks and contracts in progress | 3 | - | €40,922 | +€40,922 | |
| Stocks | 30/36 | - | €40,922 | +€40,922 | |
| Amounts receivable within one year | 40/41 | €238,178 | €217,374 | -€20,804 | -8.7% |
| Trade receivables | 40 | €4,960 | - | -€4,960 | |
| Other amounts receivable | 41 | €233,218 | €217,374 | -€15,844 | -6.8% |
| Cash at bank and in hand | 54/58 | €988 | €8,231 | +€7,243 | +733% |
| Total equity and liabilities | 10/49 | €523,261 | €435,764 | -€87,497 | -16.7% |
| Equity | 10/15 | €519,360 | €434,495 | -€84,865 | -16.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Capital | 10 | €18,550 | - | -€18,550 | |
| Issued capital | 100 | €18,550 | - | -€18,550 | |
| Reserves | 13 | €349,303 | €349,303 | -€0 | 0.0% |
| Distributable reserves | 133 | €349,303 | €349,303 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | €151,507 | €66,642 | -€84,865 | -56.0% |
| Amounts payable | 17/49 | €3,901 | €1,269 | -€2,632 | -67.5% |
| Amounts payable within one year | 42/48 | €3,901 | €1,269 | -€2,632 | -67.5% |
| Trade debts | 44 | €1,194 | €517 | -€677 | -56.7% |
| Suppliers | 440/4 | €1,194 | €517 | -€677 | -56.7% |
| Taxes, remuneration and social security | 45 | €2,707 | €752 | -€1,955 | -72.2% |
| Taxes | 450/3 | €2,707 | €752 | -€1,955 | -72.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,270 | €4,969 | +€2,699 | +119% |
| Other operating charges | 640/8 | €1,016 | €86,186 | +€85,170 | +8,383% |
| Gross operating margin | 9900 | €9,064 | €4,177 | -€4,887 | -53.9% |
| Operating profit (loss) | 9901 | €5,778 | -€86,978 | -€92,756 | |
| Financial income | 75/76B | €4,507 | €3,018 | -€1,489 | -33.0% |
| Recurring financial income | 75 | €4,507 | €3,018 | -€1,489 | -33.0% |
| Financial charges | 65/66B | €142 | €167 | +€25 | +17.4% |
| Recurring financial charges | 65 | €142 | €167 | +€25 | +17.4% |
| Profit (loss) for the period before taxes | 9903 | €10,143 | -€84,126 | -€94,269 | |
| Income taxes | 67/77 | €2,721 | €740 | -€1,982 | -72.8% |
| Profit (loss) for the period | 9904 | €7,422 | -€84,866 | -€92,288 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,422 | -€84,866 | -€92,288 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.