NESTOR DIRK: 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.
NESTOR DIRK
Largest movements
- Cash +€1,466
up €1,466 (+4.4%), from €33,375 to €34,841
mainly Tax, wage and social debts (+€1,150) and Net result for the year (+€964)
- Tax, wage and social debts +€1,150
new in 2025: €1,150
- Profit (loss) carried forward +€964
up €964 (+5.8%), from €16,755 to €17,719
- Turnover -€8,945
down €8,945 (-15.9%), from €56,160 to €47,215
- Purchases and services -€4,697
down €4,697 (-20.1%), from €23,317 to €18,620
- Gross operating margin -€4,248
down €4,248 (-12.9%), from €32,843 to €28,595
- Other operating charges +€2,807
up €2,807 (+11.4%), from €24,685 to €27,492
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 | €50,322 | €52,655 | +€2,333 | +4.6% |
| Current assets | 29/58 | €50,322 | €52,655 | +€2,333 | +4.6% |
| Stocks and contracts in progress | 3 | €1,827 | €1,909 | +€82 | +4.5% |
| Stocks | 30/36 | €1,827 | €1,909 | +€82 | +4.5% |
| Amounts receivable within one year | 40/41 | €13,217 | €13,595 | +€378 | +2.9% |
| Trade receivables | 40 | €12,682 | €12,534 | -€148 | -1.2% |
| Other amounts receivable | 41 | €535 | €1,061 | +€526 | +98.3% |
| Cash at bank and in hand | 54/58 | €33,375 | €34,841 | +€1,466 | +4.4% |
| Deferred charges and accrued income | 490/1 | €1,903 | €2,310 | +€407 | +21.4% |
| Total equity and liabilities | 10/49 | €50,322 | €52,655 | +€2,333 | +4.6% |
| Equity | 10/15 | €40,531 | €41,495 | +€964 | +2.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,176 | €5,176 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,316 | €3,316 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,755 | €17,719 | +€964 | +5.8% |
| Amounts payable | 17/49 | €9,791 | €11,160 | +€1,369 | +14.0% |
| Amounts payable after more than one year | 17 | €7,000 | €7,000 | = | 0.0% |
| Financial debts | 170/4 | €7,000 | €7,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,446 | €3,814 | +€1,368 | +55.9% |
| Current portion of amounts payable after more than one year | 42 | €1,250 | €1,000 | -€250 | -20.0% |
| Trade debts | 44 | €1,196 | €1,664 | +€468 | +39.1% |
| Suppliers | 440/4 | €1,196 | €1,664 | +€468 | +39.1% |
| Taxes, remuneration and social security | 45 | - | €1,150 | +€1,150 | |
| Remuneration and social security | 454/9 | - | €1,150 | +€1,150 | |
| Accrued charges and deferred income | 492/3 | €345 | €346 | +€1 | +0.3% |
| Turnover | 70 | €56,160 | €47,215 | -€8,945 | -15.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €23,317 | €18,620 | -€4,697 | -20.1% |
| Other operating charges | 640/8 | €24,685 | €27,492 | +€2,807 | +11.4% |
| Gross operating margin | 9900 | €32,843 | €28,595 | -€4,248 | -12.9% |
| Operating profit (loss) | 9901 | €8,158 | €1,103 | -€7,055 | -86.5% |
| Financial charges | 65/66B | €138 | €139 | +€1 | +0.7% |
| Recurring financial charges | 65 | €138 | €139 | +€1 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | €8,020 | €964 | -€7,056 | -88.0% |
| Profit (loss) for the period | 9904 | €8,020 | €964 | -€7,056 | -88.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,020 | €964 | -€7,056 | -88.0% |
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.