NEXERA: 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.
NEXERA
Largest movements
- Receivables within one year +€43,848
up €43,848 (+132.6%), from €33,065 to €76,913
- Cash -€34,827
down €34,827 (-45.2%), from €77,086 to €42,259
mainly Receivables within one year (-€43,848) and Investment in fixed assets (net) (-€32,500)
- Financial fixed assets +€32,500
up €32,500 (+130.0%), from €25,000 to €57,500
- Tangible fixed assets -€6,123
down €6,123 (-45.9%), from €13,336 to €7,213
- Reserves +€41,909
up €41,909 (+51.2%), from €81,857 to €123,766
- Tax, wage and social debts -€15,998
down €15,998 (-58.9%), from €27,171 to €11,173
- Other debts +€9,450
up €9,450 (+25.9%), from €36,505 to €45,955
- Gross operating margin -€51,202
down €51,202 (-42.3%), from €120,947 to €69,745
- Taxes -€10,541
down €10,541 (-38.1%), from €27,672 to €17,131
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
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 | €148,618 | €184,141 | +€35,523 | +23.9% |
| Fixed assets | 21/28 | €38,336 | €64,713 | +€26,377 | +68.8% |
| Tangible fixed assets | 22/27 | €13,336 | €7,213 | -€6,123 | -45.9% |
| Furniture and vehicles | 24 | €13,336 | €7,213 | -€6,123 | -45.9% |
| Financial fixed assets | 28 | €25,000 | €57,500 | +€32,500 | +130.0% |
| Current assets | 29/58 | €110,282 | €119,428 | +€9,146 | +8.3% |
| Amounts receivable within one year | 40/41 | €33,065 | €76,913 | +€43,848 | +132.6% |
| Trade receivables | 40 | €33,065 | €76,913 | +€43,848 | +132.6% |
| Cash at bank and in hand | 54/58 | €77,086 | €42,259 | -€34,827 | -45.2% |
| Deferred charges and accrued income | 490/1 | €131 | €256 | +€125 | +95.4% |
| Total equity and liabilities | 10/49 | €148,618 | €184,141 | +€35,523 | +23.9% |
| Equity | 10/15 | €84,357 | €126,266 | +€41,909 | +49.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €81,857 | €123,766 | +€41,909 | +51.2% |
| Distributable reserves | 133 | €81,857 | €123,766 | +€41,909 | +51.2% |
| Amounts payable | 17/49 | €64,261 | €57,875 | -€6,386 | -9.9% |
| Amounts payable within one year | 42/48 | €64,261 | €57,875 | -€6,386 | -9.9% |
| Trade debts | 44 | €585 | €747 | +€162 | +27.7% |
| Suppliers | 440/4 | €585 | €747 | +€162 | +27.7% |
| Taxes, remuneration and social security | 45 | €27,171 | €11,173 | -€15,998 | -58.9% |
| Taxes | 450/3 | €27,171 | €11,173 | -€15,998 | -58.9% |
| Other amounts payable | 47/48 | €36,505 | €45,955 | +€9,450 | +25.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,976 | €6,123 | -€853 | -12.2% |
| Other operating charges | 640/8 | €1,611 | €934 | -€677 | -42.0% |
| Gross operating margin | 9900 | €120,947 | €69,745 | -€51,202 | -42.3% |
| Operating profit (loss) | 9901 | €112,360 | €62,688 | -€49,672 | -44.2% |
| Financial charges | 65/66B | €1,998 | €2,815 | +€817 | +40.9% |
| Recurring financial charges | 65 | €1,998 | €2,815 | +€817 | +40.9% |
| Profit (loss) for the period before taxes | 9903 | €110,362 | €59,873 | -€50,489 | -45.7% |
| Income taxes | 67/77 | €27,672 | €17,131 | -€10,541 | -38.1% |
| Profit (loss) for the period | 9904 | €82,690 | €42,742 | -€39,948 | -48.3% |
| Profit (loss) for the period to be appropriated | 9905 | €82,690 | €42,742 | -€39,948 | -48.3% |
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 5 October 2026 via checked.be.