NexaWave: 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.
NexaWave
Largest movements
- Cash -€33,598
down €33,598 (-97.2%), from €34,577 to €980
mainly Investment in fixed assets (net) (-€25,371) and Net result for the year (-€8,604)
- Intangible fixed assets +€17,248
up €17,248 (+117%), from €14,712 to €31,961
- Tangible fixed assets +€1,700
up €1,700 (+15.5%), from €10,931 to €12,631
- Receivables within one year -€1,653
down €1,653 (-26.2%), from €6,300 to €4,648
of which Other amounts receivable: -€2,966
- Profit (loss) carried forward -€8,604
down €8,604 (-79.0%), from €10,896 to €2,291
- Other debts -€4,754
down €4,754 (-9.5%), from €50,000 to €45,246
- Tax, wage and social debts -€3,373
no longer reported in 2025 (was €3,373)
- Gross operating margin -€67,620
down €67,620, from €65,305 to -€2,315
- Depreciation +€6,127
up €6,127 (+1,137%), from €539 to €6,666
- Taxes -€3,855
down €3,855, from €3,373 to -€482
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 | €68,261 | €51,325 | -€16,936 | -24.8% |
| Formation expenses | 20 | €1,005 | €763 | -€243 | -24.1% |
| Fixed assets | 21/28 | €25,643 | €44,591 | +€18,948 | +73.9% |
| Intangible fixed assets | 21 | €14,712 | €31,961 | +€17,248 | +117% |
| Tangible fixed assets | 22/27 | €10,931 | €12,631 | +€1,700 | +15.5% |
| Other tangible fixed assets | 26 | €10,931 | €12,631 | +€1,700 | +15.5% |
| Current assets | 29/58 | €41,612 | €5,970 | -€35,642 | -85.7% |
| Amounts receivable within one year | 40/41 | €6,300 | €4,648 | -€1,653 | -26.2% |
| Trade receivables | 40 | - | €1,313 | +€1,313 | |
| Other amounts receivable | 41 | €6,300 | €3,334 | -€2,966 | -47.1% |
| Cash at bank and in hand | 54/58 | €34,577 | €980 | -€33,598 | -97.2% |
| Deferred charges and accrued income | 490/1 | €735 | €343 | -€392 | -53.3% |
| Total equity and liabilities | 10/49 | €68,261 | €51,325 | -€16,936 | -24.8% |
| Equity | 10/15 | €13,896 | €5,291 | -€8,604 | -61.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,896 | €2,291 | -€8,604 | -79.0% |
| Amounts payable | 17/49 | €54,366 | €46,033 | -€8,332 | -15.3% |
| Amounts payable within one year | 42/48 | €54,366 | €46,033 | -€8,332 | -15.3% |
| Trade debts | 44 | €992 | €787 | -€205 | -20.7% |
| Suppliers | 440/4 | €992 | €787 | -€205 | -20.7% |
| Taxes, remuneration and social security | 45 | €3,373 | - | -€3,373 | |
| Taxes | 450/3 | €3,373 | - | -€3,373 | |
| Other amounts payable | 47/48 | €50,000 | €45,246 | -€4,754 | -9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €539 | €6,666 | +€6,127 | +1,137% |
| Other operating charges | 640/8 | €330 | - | -€330 | |
| Gross operating margin | 9900 | €65,305 | -€2,315 | -€67,620 | |
| Operating profit (loss) | 9901 | €64,436 | -€8,980 | -€73,416 | |
| Financial charges | 65/66B | €167 | €106 | -€61 | -36.7% |
| Recurring financial charges | 65 | €167 | €106 | -€61 | -36.7% |
| Profit (loss) for the period before taxes | 9903 | €64,269 | -€9,086 | -€73,355 | |
| Income taxes | 67/77 | €3,373 | -€482 | -€3,855 | |
| Profit (loss) for the period | 9904 | €60,896 | -€8,604 | -€69,500 | |
| Profit (loss) for the period to be appropriated | 9905 | €60,896 | -€8,604 | -€69,500 |
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 23 October 2026 via checked.be.