NEXIALIST: 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.
NEXIALIST
Largest movements
- Cash +€50,544
up €50,544 (+104%), from €48,447 to €98,991
mainly Net result for the year (+€37,282) and Receivables within one year (+€14,502)
- Receivables within one year -€14,502
down €14,502 (-56.0%), from €25,881 to €11,379
of which Other amounts receivable: -€19,947
- Tangible fixed assets -€4,862
down €4,862 (-33.8%), from €14,373 to €9,511
- Deferred charges and accrued income -€1,459
down €1,459 (-30.6%), from €4,771 to €3,313
- Profit (loss) carried forward +€37,282
up €37,282 (+60.3%), from €61,841 to €99,123
- Other debts -€4,563
no longer reported in 2025 (was €4,563)
- Tax, wage and social debts -€2,781
down €2,781 (-11.8%), from €23,566 to €20,784
- Gross operating margin -€30,411
down €30,411 (-33.9%), from €89,796 to €59,385
- Taxes -€5,698
down €5,698 (-33.8%), from €16,863 to €11,165
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 | €93,472 | €123,194 | +€29,722 | +31.8% |
| Fixed assets | 21/28 | €14,373 | €9,511 | -€4,862 | -33.8% |
| Tangible fixed assets | 22/27 | €14,373 | €9,511 | -€4,862 | -33.8% |
| Furniture and vehicles | 24 | €14,373 | €9,511 | -€4,862 | -33.8% |
| Current assets | 29/58 | €79,100 | €113,683 | +€34,583 | +43.7% |
| Amounts receivable within one year | 40/41 | €25,881 | €11,379 | -€14,502 | -56.0% |
| Trade receivables | 40 | €5,082 | €10,527 | +€5,445 | +107% |
| Other amounts receivable | 41 | €20,799 | €852 | -€19,947 | -95.9% |
| Cash at bank and in hand | 54/58 | €48,447 | €98,991 | +€50,544 | +104% |
| Deferred charges and accrued income | 490/1 | €4,771 | €3,313 | -€1,459 | -30.6% |
| Total equity and liabilities | 10/49 | €93,472 | €123,194 | +€29,722 | +31.8% |
| Equity | 10/15 | €63,842 | €101,124 | +€37,282 | +58.4% |
| Contributions | 10/11 | €2,001 | €2,001 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,841 | €99,123 | +€37,282 | +60.3% |
| Amounts payable | 17/49 | €29,630 | €22,070 | -€7,560 | -25.5% |
| Amounts payable within one year | 42/48 | €29,630 | €22,070 | -€7,560 | -25.5% |
| Trade debts | 44 | €1,502 | €1,286 | -€216 | -14.4% |
| Suppliers | 440/4 | €1,502 | €1,286 | -€216 | -14.4% |
| Taxes, remuneration and social security | 45 | €23,566 | €20,784 | -€2,781 | -11.8% |
| Taxes | 450/3 | €23,566 | €20,784 | -€2,781 | -11.8% |
| Other amounts payable | 47/48 | €4,563 | - | -€4,563 | |
| Non-recurring operating income | 76A | - | €3,321 | +€3,321 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,907 | €4,299 | +€391 | +10.0% |
| Other operating charges | 640/8 | €3,829 | €3,256 | -€573 | -15.0% |
| Gross operating margin | 9900 | €89,796 | €59,385 | -€30,411 | -33.9% |
| Operating profit (loss) | 9901 | €82,060 | €51,830 | -€30,229 | -36.8% |
| Financial charges | 65/66B | €3,355 | €3,384 | +€29 | +0.9% |
| Recurring financial charges | 65 | €3,355 | €3,384 | +€29 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | €78,704 | €48,446 | -€30,258 | -38.4% |
| Income taxes | 67/77 | €16,863 | €11,165 | -€5,698 | -33.8% |
| Profit (loss) for the period | 9904 | €61,841 | €37,282 | -€24,559 | -39.7% |
| Profit (loss) for the period to be appropriated | 9905 | €61,841 | €37,282 | -€24,559 | -39.7% |
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 13 October 2026 via checked.be.