NexaCo: 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.
NexaCo
Largest movements
- Receivables within one year +€84,805
up €84,805 (+41.0%), from €206,939 to €291,744
of which Other amounts receivable: +€79,481
- Current investments +€7,601
up €7,601 (+16.2%), from €46,852 to €54,453
- Tangible fixed assets +€4,850
up €4,850 (+47.0%), from €10,320 to €15,170
- Reserves +€104,964
up €104,964 (+44.3%), from €237,121 to €342,085
of which Distributable reserves: +€104,964
- Tax, wage and social debts -€10,540
down €10,540 (-52.1%), from €20,215 to €9,675
- Gross operating margin +€31,630
up €31,630 (+30.3%), from €104,436 to €136,066
- Taxes +€10,902
up €10,902 (+34.8%), from €31,343 to €42,245
- Financial income +€2,537
up €2,537 (+25.3%), from €10,020 to €12,557
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €264,633 | €361,867 | +€97,234 | +36.7% |
| Fixed assets | 21/28 | €10,820 | €15,670 | +€4,850 | +44.8% |
| Tangible fixed assets | 22/27 | €10,320 | €15,170 | +€4,850 | +47.0% |
| Furniture and vehicles | 24 | €10,320 | €15,170 | +€4,850 | +47.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €253,813 | €346,197 | +€92,384 | +36.4% |
| Amounts receivable within one year | 40/41 | €206,939 | €291,744 | +€84,805 | +41.0% |
| Trade receivables | 40 | €15,246 | €20,570 | +€5,324 | +34.9% |
| Other amounts receivable | 41 | €191,693 | €271,174 | +€79,481 | +41.5% |
| Current investments | 50/53 | €46,852 | €54,453 | +€7,601 | +16.2% |
| Deferred charges and accrued income | 490/1 | €22 | - | -€22 | |
| Total equity and liabilities | 10/49 | €264,633 | €361,867 | +€97,234 | +36.7% |
| Equity | 10/15 | €239,121 | €344,085 | +€104,964 | +43.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €237,121 | €342,085 | +€104,964 | +44.3% |
| Non-distributable reserves | 130/1 | €6,529 | €6,529 | = | 0.0% |
| Legal reserve | 130 | €5,855 | €5,855 | = | 0.0% |
| Other | 1319 | €674 | €674 | = | 0.0% |
| Distributable reserves | 133 | €230,592 | €335,556 | +€104,964 | +45.5% |
| Amounts payable | 17/49 | €25,512 | €17,782 | -€7,730 | -30.3% |
| Amounts payable within one year | 42/48 | €25,512 | €17,782 | -€7,730 | -30.3% |
| Trade debts | 44 | €5,297 | €8,107 | +€2,810 | +53.0% |
| Suppliers | 440/4 | €5,297 | €8,107 | +€2,810 | +53.0% |
| Taxes, remuneration and social security | 45 | €20,215 | €9,675 | -€10,540 | -52.1% |
| Taxes | 450/3 | €20,215 | €9,675 | -€10,540 | -52.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €729 | €1,268 | +€539 | +73.9% |
| Other operating charges | 640/8 | €451 | €66 | -€385 | -85.4% |
| Gross operating margin | 9900 | €104,436 | €136,066 | +€31,630 | +30.3% |
| Operating profit (loss) | 9901 | €103,256 | €134,732 | +€31,476 | +30.5% |
| Financial income | 75/76B | €10,020 | €12,557 | +€2,537 | +25.3% |
| Recurring financial income | 75 | €10,020 | €12,557 | +€2,537 | +25.3% |
| Financial charges | 65/66B | €317 | €80 | -€237 | -74.8% |
| Recurring financial charges | 65 | €317 | €80 | -€237 | -74.8% |
| Profit (loss) for the period before taxes | 9903 | €112,959 | €147,209 | +€34,250 | +30.3% |
| Income taxes | 67/77 | €31,343 | €42,245 | +€10,902 | +34.8% |
| Profit (loss) for the period | 9904 | €81,616 | €104,964 | +€23,348 | +28.6% |
| Profit (loss) for the period to be appropriated | 9905 | €81,616 | €104,964 | +€23,348 | +28.6% |
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 1 October 2026 via checked.be.