NEXAGO: 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.
NEXAGO
Largest movements
- Receivables after one year +€98,750
new in 2025: €98,750
- Cash -€31,429
down €31,429 (-10.3%), from €306,567 to €275,139
mainly Receivables after one year (-€98,750) and Other debts (-€23,710)
- Reserves +€87,769
up €87,769 (+28.9%), from €303,549 to €391,318
- Other debts -€23,710
down €23,710 (-87.2%), from €27,198 to €3,488
- Tax, wage and social debts +€6,111
up €6,111 (+28.3%), from €21,614 to €27,725
of which Taxes: +€3,361
- Financial charges -€2,668
down €2,668 (-96.9%), from €2,754 to €86
- Taxes +€2,247
up €2,247 (+6.7%), from €33,401 to €35,648
- Gross operating margin +€1,801
up €1,801 (+1.5%), from €120,569 to €122,370
- Financial income +€1,766
up €1,766 (+72.6%), from €2,433 to €4,200
of which Financial income: +€1,766
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 | €368,787 | €435,899 | +€67,112 | +18.2% |
| Fixed assets | 21/28 | €4,384 | €1,771 | -€2,613 | -59.6% |
| Tangible fixed assets | 22/27 | €4,384 | €1,771 | -€2,613 | -59.6% |
| Plant, machinery and equipment | 23 | €1,225 | €728 | -€497 | -40.5% |
| Furniture and vehicles | 24 | €2,325 | €989 | -€1,336 | -57.5% |
| Other tangible fixed assets | 26 | €833 | €53 | -€780 | -93.6% |
| Current assets | 29/58 | €364,403 | €434,128 | +€69,725 | +19.1% |
| Amounts receivable after more than one year | 29 | - | €98,750 | +€98,750 | |
| Other amounts receivable | 291 | - | €98,750 | +€98,750 | |
| Amounts receivable within one year | 40/41 | €17,255 | €19,430 | +€2,175 | +12.6% |
| Trade receivables | 40 | €17,255 | €19,430 | +€2,175 | +12.6% |
| Current investments | 50/53 | €30,000 | €30,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €306,567 | €275,139 | -€31,429 | -10.3% |
| Deferred charges and accrued income | 490/1 | €10,581 | €10,810 | +€229 | +2.2% |
| Total equity and liabilities | 10/49 | €368,787 | €435,899 | +€67,112 | +18.2% |
| Equity | 10/15 | €313,549 | €401,318 | +€87,769 | +28.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €303,549 | €391,318 | +€87,769 | +28.9% |
| Distributable reserves | 133 | €303,549 | €391,318 | +€87,769 | +28.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €55,238 | €34,581 | -€20,657 | -37.4% |
| Amounts payable within one year | 42/48 | €55,238 | €34,331 | -€20,907 | -37.8% |
| Trade debts | 44 | €6,426 | €3,119 | -€3,307 | -51.5% |
| Suppliers | 440/4 | €6,426 | €3,119 | -€3,307 | -51.5% |
| Taxes, remuneration and social security | 45 | €21,614 | €27,725 | +€6,111 | +28.3% |
| Taxes | 450/3 | €21,614 | €24,975 | +€3,361 | +15.5% |
| Remuneration and social security | 454/9 | - | €2,750 | +€2,750 | |
| Other amounts payable | 47/48 | €27,198 | €3,488 | -€23,710 | -87.2% |
| Accrued charges and deferred income | 492/3 | - | €250 | +€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,741 | €2,613 | -€128 | -4.7% |
| Other operating charges | 640/8 | €665 | €455 | -€211 | -31.7% |
| Non-recurring operating charges | 66A | €828 | - | -€828 | |
| Gross operating margin | 9900 | €120,569 | €122,370 | +€1,801 | +1.5% |
| Operating profit (loss) | 9901 | €116,336 | €119,303 | +€2,967 | +2.6% |
| Financial income | 75/76B | €2,433 | €4,200 | +€1,766 | +72.6% |
| Recurring financial income | 75 | €2,433 | €4,200 | +€1,766 | +72.6% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €2,754 | €86 | -€2,668 | -96.9% |
| Recurring financial charges | 65 | €2,754 | €86 | -€2,668 | -96.9% |
| Profit (loss) for the period before taxes | 9903 | €116,015 | €123,416 | +€7,401 | +6.4% |
| Income taxes | 67/77 | €33,401 | €35,648 | +€2,247 | +6.7% |
| Profit (loss) for the period | 9904 | €82,614 | €87,769 | +€5,155 | +6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €82,614 | €87,769 | +€5,155 | +6.2% |
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 27 October 2026 via checked.be.