NestIT: 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.
NestIT
Largest movements
- Cash -€34,249
down €34,249 (-50.9%), from €67,269 to €33,020
mainly Contributions, distributions and other (-€64,459) and Debts after one year (-€7,218)
- Tangible fixed assets -€6,689
down €6,689 (-24.1%), from €27,795 to €21,105
- Receivables within one year +€6,466
up €6,466 (+58.3%), from €11,084 to €17,550
of which Trade receivables: +€8,189
- Profit (loss) carried forward -€36,933
down €36,933 (-100%), from €36,933 to €0
- Tax, wage and social debts +€7,330
up €7,330 (+727%), from €1,009 to €8,339
- Debts after one year -€7,218
down €7,218 (-47.1%), from €15,328 to €8,109
- Provisions +€1,439
up €1,439 (+3.6%), from €40,045 to €41,484
- Other debts +€1,167
up €1,167 (+146%), from €800 to €1,967
- Financial charges -€6,414
down €6,414 (-14.4%), from €44,627 to €38,213
- Gross operating margin -€5,167
down €5,167 (-5.7%), from €90,040 to €84,873
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 | €108,050 | €74,255 | -€33,795 | -31.3% |
| Fixed assets | 21/28 | €27,795 | €21,105 | -€6,689 | -24.1% |
| Tangible fixed assets | 22/27 | €27,795 | €21,105 | -€6,689 | -24.1% |
| Furniture and vehicles | 24 | €27,795 | €21,105 | -€6,689 | -24.1% |
| Current assets | 29/58 | €80,255 | €53,150 | -€27,105 | -33.8% |
| Amounts receivable within one year | 40/41 | €11,084 | €17,550 | +€6,466 | +58.3% |
| Trade receivables | 40 | €9,235 | €17,424 | +€8,189 | +88.7% |
| Other amounts receivable | 41 | €1,849 | €126 | -€1,724 | -93.2% |
| Cash at bank and in hand | 54/58 | €67,269 | €33,020 | -€34,249 | -50.9% |
| Deferred charges and accrued income | 490/1 | €1,902 | €2,580 | +€677 | +35.6% |
| Total equity and liabilities | 10/49 | €108,050 | €74,255 | -€33,795 | -31.3% |
| Equity | 10/15 | €43,441 | €6,508 | -€36,933 | -85.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €1,508 | €1,508 | = | 0.0% |
| Distributable reserves | 133 | €1,508 | €1,508 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,933 | €0 | -€36,933 | -100% |
| Provisions and deferred taxes | 16 | €40,045 | €41,484 | +€1,439 | +3.6% |
| Provisions for liabilities and charges | 160/5 | €40,045 | €41,484 | +€1,439 | +3.6% |
| Other liabilities and charges | 164/5 | €40,045 | €41,484 | +€1,439 | +3.6% |
| Amounts payable | 17/49 | €24,563 | €26,262 | +€1,699 | +6.9% |
| Amounts payable after more than one year | 17 | €15,328 | €8,109 | -€7,218 | -47.1% |
| Financial debts | 170/4 | €15,328 | €8,109 | -€7,218 | -47.1% |
| Amounts payable within one year | 42/48 | €9,235 | €18,153 | +€8,917 | +96.6% |
| Current portion of amounts payable after more than one year | 42 | €6,971 | €7,218 | +€247 | +3.5% |
| Trade debts | 44 | €455 | €629 | +€173 | +38.1% |
| Suppliers | 440/4 | €455 | €629 | +€173 | +38.1% |
| Taxes, remuneration and social security | 45 | €1,009 | €8,339 | +€7,330 | +727% |
| Taxes | 450/3 | €1,009 | €8,339 | +€7,330 | +727% |
| Other amounts payable | 47/48 | €800 | €1,967 | +€1,167 | +146% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,334 | €9,421 | +€87 | +0.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €1,154 | €1,439 | +€286 | +24.7% |
| Other operating charges | 640/8 | €100 | €400 | +€300 | +300% |
| Gross operating margin | 9900 | €90,040 | €84,873 | -€5,167 | -5.7% |
| Operating profit (loss) | 9901 | €79,452 | €73,613 | -€5,839 | -7.3% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €44,627 | €38,213 | -€6,414 | -14.4% |
| Recurring financial charges | 65 | €44,627 | €38,213 | -€6,414 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €34,825 | €35,400 | +€575 | +1.7% |
| Income taxes | 67/77 | €7,651 | €7,874 | +€224 | +2.9% |
| Profit (loss) for the period | 9904 | €27,174 | €27,526 | +€352 | +1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €27,174 | €27,526 | +€352 | +1.3% |
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 13 October 2026 via checked.be.