NESTYA: 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.
NESTYA
Largest movements
- Cash -€160,988
down €160,988 (-92.8%), from €173,557 to €12,569
mainly Receivables within one year (-€96,102) and Trade debts (-€69,142)
- Receivables within one year +€96,102
up €96,102 (+40.2%), from €238,977 to €335,079
of which Other amounts receivable: +€91,407
- Tangible fixed assets -€4,298
down €4,298 (-54.8%), from €7,848 to €3,550
- Trade debts -€69,142
down €69,142 (-51.6%), from €134,070 to €64,928
- Tax, wage and social debts +€55,323
up €55,323 (+59.6%), from €92,835 to €148,158
of which Taxes: +€53,691
- Accrued charges and deferred income -€38,003
no longer reported in 2021 (was €38,003)
- Other debts -€21,000
down €21,000 (-70.0%), from €30,000 to €9,000
- Turnover -€1.6m
no longer reported in 2021 (was €1.6m)
- Purchases and services -€1.2m
no longer reported in 2021 (was €1.2m)
- Gross operating margin -€248,903
down €248,903 (-61.8%), from €402,929 to €154,026
- Taxes -€51,139
down €51,139 (-78.7%), from €64,948 to €13,808
- Staff costs -€23,732
down €23,732 (-15.7%), from €151,598 to €127,866
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €427,927 | €356,392 | -€71,534 | -16.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €13,043 | €8,745 | -€4,298 | -33.0% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €7,848 | €3,550 | -€4,298 | -54.8% |
| Furniture and vehicles | 24 | €7,848 | €3,550 | -€4,298 | -54.8% |
| Financial fixed assets | 28 | €5,195 | €5,195 | = | 0.0% |
| Current assets | 29/58 | €414,883 | €347,647 | -€67,236 | -16.2% |
| Amounts receivable within one year | 40/41 | €238,977 | €335,079 | +€96,102 | +40.2% |
| Trade receivables | 40 | €45,722 | €50,417 | +€4,695 | +10.3% |
| Other amounts receivable | 41 | €193,255 | €284,662 | +€91,407 | +47.3% |
| Cash at bank and in hand | 54/58 | €173,557 | €12,569 | -€160,988 | -92.8% |
| Deferred charges and accrued income | 490/1 | €2,350 | - | -€2,350 | |
| Total equity and liabilities | 10/49 | €427,927 | €356,392 | -€71,534 | -16.7% |
| Equity | 10/15 | €133,019 | €134,307 | +€1,288 | +1.0% |
| Contributions | 10/11 | €132,000 | €132,000 | = | 0.0% |
| Capital | 10 | €132,000 | €132,000 | = | 0.0% |
| Issued capital | 100 | €132,000 | €132,000 | = | 0.0% |
| Reserves | 13 | €126,300 | €126,300 | = | 0.0% |
| Tax-exempt reserves | 132 | €126,300 | €126,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€125,281 | -€123,993 | +€1,288 | +1.0% |
| Amounts payable | 17/49 | €294,908 | €222,086 | -€72,822 | -24.7% |
| Amounts payable within one year | 42/48 | €256,905 | €222,086 | -€34,819 | -13.6% |
| Trade debts | 44 | €134,070 | €64,928 | -€69,142 | -51.6% |
| Suppliers | 440/4 | €134,070 | €64,928 | -€69,142 | -51.6% |
| Taxes, remuneration and social security | 45 | €92,835 | €148,158 | +€55,323 | +59.6% |
| Taxes | 450/3 | €76,051 | €129,742 | +€53,691 | +70.6% |
| Remuneration and social security | 454/9 | €16,784 | €18,416 | +€1,632 | +9.7% |
| Other amounts payable | 47/48 | €30,000 | €9,000 | -€21,000 | -70.0% |
| Accrued charges and deferred income | 492/3 | €38,003 | - | -€38,003 | |
| Turnover | 70 | €1,628,831 | - | -€1.6m | |
| Non-recurring operating income | 76A | €718 | - | -€718 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,226,620 | - | -€1.2m | |
| Remuneration, social security and pensions | 62 | €151,598 | €127,866 | -€23,732 | -15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,713 | €4,298 | -€1,414 | -24.8% |
| Other operating charges | 640/8 | €6,160 | €5,667 | -€493 | -8.0% |
| Non-recurring operating charges | 66A | €2,000 | - | -€2,000 | |
| Gross operating margin | 9900 | €402,929 | €154,026 | -€248,903 | -61.8% |
| Operating profit (loss) | 9901 | €237,459 | €16,195 | -€221,264 | -93.2% |
| Financial charges | 65/66B | €2,816 | €1,099 | -€1,717 | -61.0% |
| Recurring financial charges | 65 | €2,816 | €1,099 | -€1,717 | -61.0% |
| Profit (loss) for the period before taxes | 9903 | €234,643 | €15,096 | -€219,547 | -93.6% |
| Income taxes | 67/77 | €64,948 | €13,808 | -€51,139 | -78.7% |
| Profit (loss) for the period | 9904 | €169,696 | €1,288 | -€168,408 | -99.2% |
| Transfer to tax-exempt reserves | 689 | €126,300 | - | -€126,300 | |
| Profit (loss) for the period to be appropriated | 9905 | €43,396 | €1,288 | -€42,108 | -97.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.