NexLev: 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.
NexLev
Largest movements
- Cash -€25,186
down €25,186 (-65.0%), from €38,752 to €13,567
mainly Contributions, distributions and other (-€32,000) and Receivables within one year (-€16,768)
- Receivables within one year +€16,768
up €16,768 (+62.1%), from €26,995 to €43,763
of which Trade receivables: +€14,353
- Tangible fixed assets -€4,944
down €4,944 (-12.0%), from €41,299 to €36,355
of which Furniture and vehicles: -€4,677
- Profit (loss) carried forward -€41,482
down €41,482 (-100%), from €41,482 to €0
- Reserves +€25,080
new in 2025: €25,080
- Tax, wage and social debts +€4,264
up €4,264 (+43.8%), from €9,736 to €14,000
- Current portion of long-term debt -€4,103
down €4,103 (-100%), from €4,103 to €0
- Other debts +€3,593
up €3,593 (+8.7%), from €41,170 to €44,762
- Gross operating margin +€3,983
up €3,983 (+11.4%), from €34,822 to €38,805
- Financial charges +€1,960
up €1,960 (+1,036%), from €189 to €2,149
- Taxes +€970
up €970 (+15.8%), from €6,139 to €7,110
- Depreciation +€871
up €871 (+11.1%), from €7,834 to €8,704
- Other operating charges -€515
down €515 (-46.6%), from €1,106 to €591
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 | €107,142 | €93,842 | -€13,300 | -12.4% |
| Fixed assets | 21/28 | €41,359 | €36,415 | -€4,944 | -12.0% |
| Tangible fixed assets | 22/27 | €41,299 | €36,355 | -€4,944 | -12.0% |
| Plant, machinery and equipment | 23 | €267 | €0 | -€267 | -100% |
| Furniture and vehicles | 24 | €41,032 | €36,355 | -€4,677 | -11.4% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €65,782 | €57,427 | -€8,356 | -12.7% |
| Amounts receivable within one year | 40/41 | €26,995 | €43,763 | +€16,768 | +62.1% |
| Trade receivables | 40 | €26,940 | €41,293 | +€14,353 | +53.3% |
| Other amounts receivable | 41 | €55 | €2,470 | +€2,415 | +4,371% |
| Cash at bank and in hand | 54/58 | €38,752 | €13,567 | -€25,186 | -65.0% |
| Deferred charges and accrued income | 490/1 | €35 | €97 | +€62 | +177% |
| Total equity and liabilities | 10/49 | €107,142 | €93,842 | -€13,300 | -12.4% |
| Equity | 10/15 | €51,482 | €35,080 | -€16,402 | -31.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €25,080 | +€25,080 | |
| Distributable reserves | 133 | - | €25,080 | +€25,080 | |
| Profit (loss) carried forward | 14 | €41,482 | €0 | -€41,482 | -100% |
| Amounts payable | 17/49 | €55,660 | €58,762 | +€3,102 | +5.6% |
| Amounts payable within one year | 42/48 | €55,660 | €58,762 | +€3,102 | +5.6% |
| Current portion of amounts payable after more than one year | 42 | €4,103 | €0 | -€4,103 | -100% |
| Trade debts | 44 | €651 | €0 | -€651 | -100% |
| Suppliers | 440/4 | €651 | €0 | -€651 | -100% |
| Taxes, remuneration and social security | 45 | €9,736 | €14,000 | +€4,264 | +43.8% |
| Taxes | 450/3 | €9,736 | €14,000 | +€4,264 | +43.8% |
| Other amounts payable | 47/48 | €41,170 | €44,762 | +€3,593 | +8.7% |
| Non-recurring operating income | 76A | €340 | €0 | -€340 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,834 | €8,704 | +€871 | +11.1% |
| Other operating charges | 640/8 | €1,106 | €591 | -€515 | -46.6% |
| Non-recurring operating charges | 66A | - | €4,672 | +€4,672 | |
| Gross operating margin | 9900 | €34,822 | €38,805 | +€3,983 | +11.4% |
| Operating profit (loss) | 9901 | €25,882 | €24,838 | -€1,044 | -4.0% |
| Financial income | 75/76B | - | €19 | +€19 | |
| Recurring financial income | 75 | - | €19 | +€19 | |
| Financial charges | 65/66B | €189 | €2,149 | +€1,960 | +1,036% |
| Recurring financial charges | 65 | €189 | €2,149 | +€1,960 | +1,036% |
| Profit (loss) for the period before taxes | 9903 | €25,693 | €22,708 | -€2,985 | -11.6% |
| Income taxes | 67/77 | €6,139 | €7,110 | +€970 | +15.8% |
| Profit (loss) for the period | 9904 | €19,554 | €15,598 | -€3,955 | -20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €19,554 | €15,598 | -€3,955 | -20.2% |
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 15 October 2026 via checked.be.