Nexo: 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.
Nexo
Largest movements
- Cash -€178,261
down €178,261 (-46.9%), from €380,164 to €201,903
mainly Net result for the year (-€142,216) and Receivables within one year (-€125,520)
- Receivables within one year +€125,520
up €125,520 (+111.4%), from €112,637 to €238,157
of which Trade receivables: +€127,260
- Intangible fixed assets -€72,143
down €72,143 (-49.5%), from €145,618 to €73,475
- Deferred charges and accrued income -€20,045
down €20,045 (-92.7%), from €21,633 to €1,588
- Profit (loss) carried forward -€142,216
down €142,216 (-29.0%), from €491,187 to €348,971
- Trade debts -€17,528
down €17,528 (-34.3%), from €51,095 to €33,567
- Accrued charges and deferred income +€14,436
up €14,436 (+12.2%), from €118,220 to €132,656
- Gross operating margin -€46,096
down €46,096 (-238.9%), from -€19,293 to -€65,389
- Depreciation +€7,520
up €7,520 (+11.6%), from €65,002 to €72,522
- Financial charges +€1,679
up €1,679 (+66.1%), from €2,540 to €4,219
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €660,502 | €515,194 | -€145,308 | -22.0% |
| Fixed assets | 21/28 | €146,068 | €73,546 | -€72,522 | -49.6% |
| Intangible fixed assets | 21 | €145,618 | €73,475 | -€72,143 | -49.5% |
| Tangible fixed assets | 22/27 | €450 | €71 | -€379 | -84.2% |
| Furniture and vehicles | 24 | €450 | €71 | -€379 | -84.2% |
| Current assets | 29/58 | €514,434 | €441,648 | -€72,786 | -14.1% |
| Amounts receivable within one year | 40/41 | €112,637 | €238,157 | +€125,520 | +111.4% |
| Trade receivables | 40 | €109,657 | €236,917 | +€127,260 | +116.1% |
| Other amounts receivable | 41 | €2,980 | €1,240 | -€1,740 | -58.4% |
| Cash at bank and in hand | 54/58 | €380,164 | €201,903 | -€178,261 | -46.9% |
| Deferred charges and accrued income | 490/1 | €21,633 | €1,588 | -€20,045 | -92.7% |
| Total equity and liabilities | 10/49 | €660,502 | €515,194 | -€145,308 | -22.0% |
| Equity | 10/15 | €491,187 | €348,971 | -€142,216 | -29.0% |
| Profit (loss) carried forward | 14 | €491,187 | €348,971 | -€142,216 | -29.0% |
| Amounts payable | 17/49 | €169,315 | €166,223 | -€3,092 | -1.8% |
| Amounts payable within one year | 42/48 | €51,095 | €33,567 | -€17,528 | -34.3% |
| Trade debts | 44 | €51,095 | €33,567 | -€17,528 | -34.3% |
| Suppliers | 440/4 | €51,095 | €33,567 | -€17,528 | -34.3% |
| Accrued charges and deferred income | 492/3 | €118,220 | €132,656 | +€14,436 | +12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,002 | €72,522 | +€7,520 | +11.6% |
| Other operating charges | 640/8 | €225 | €92 | -€133 | -59.1% |
| Gross operating margin | 9900 | -€19,293 | -€65,389 | -€46,096 | -238.9% |
| Operating profit (loss) | 9901 | -€84,520 | -€138,003 | -€53,483 | -63.3% |
| Financial income | 75/76B | €102 | €6 | -€96 | -94.1% |
| Recurring financial income | 75 | €102 | €6 | -€96 | -94.1% |
| Financial charges | 65/66B | €2,540 | €4,219 | +€1,679 | +66.1% |
| Recurring financial charges | 65 | €2,540 | €4,219 | +€1,679 | +66.1% |
| Profit (loss) for the period before taxes | 9903 | -€86,958 | -€142,216 | -€55,258 | -63.5% |
| Profit (loss) for the period | 9904 | -€86,958 | -€142,216 | -€55,258 | -63.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€86,958 | -€142,216 | -€55,258 | -63.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.