NEXOS: 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.
NEXOS
Largest movements
- Tangible fixed assets -€39,194
down €39,194 (-36.1%), from €108,696 to €69,502
of which Furniture and vehicles: -€41,003
- Cash -€38,773
down €38,773 (-81.3%), from €47,714 to €8,941
mainly Net result for the year (-€56,004) and Debts after one year (-€12,410)
- Receivables within one year -€6,076
down €6,076 (-46.4%), from €13,080 to €7,004
of which Trade receivables: -€7,983
- Intangible fixed assets -€3,632
down €3,632 (-23.7%), from €15,294 to €11,662
- Profit (loss) carried forward -€56,004
down €56,004, from €2,678 to -€53,326
- Debts after one year -€12,410
down €12,410 (-36.3%), from €34,172 to €21,762
- Other debts -€12,297
down €12,297 (-14.1%), from €86,926 to €74,629
- Trade debts -€4,523
down €4,523 (-86.4%), from €5,234 to €710
- Tax, wage and social debts -€3,958
down €3,958 (-98.6%), from €4,015 to €57
- Gross operating margin -€53,261
down €53,261, from €23,372 to -€29,889
- Depreciation +€1,805
up €1,805 (+8.7%), from €20,869 to €22,674
- Other operating charges +€1,112
up €1,112 (+164.3%), from €677 to €1,789
- Financial charges +€550
up €550 (+45.1%), from €1,218 to €1,768
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 | €187,471 | €99,288 | -€88,183 | -47.0% |
| Fixed assets | 21/28 | €123,990 | €81,164 | -€42,826 | -34.5% |
| Intangible fixed assets | 21 | €15,294 | €11,662 | -€3,632 | -23.7% |
| Tangible fixed assets | 22/27 | €108,696 | €69,502 | -€39,194 | -36.1% |
| Plant, machinery and equipment | 23 | - | €1,809 | +€1,809 | |
| Furniture and vehicles | 24 | €108,696 | €67,693 | -€41,003 | -37.7% |
| Current assets | 29/58 | €63,481 | €18,123 | -€45,357 | -71.5% |
| Amounts receivable within one year | 40/41 | €13,080 | €7,004 | -€6,076 | -46.4% |
| Trade receivables | 40 | €8,603 | €620 | -€7,983 | -92.8% |
| Other amounts receivable | 41 | €4,477 | €6,385 | +€1,907 | +42.6% |
| Cash at bank and in hand | 54/58 | €47,714 | €8,941 | -€38,773 | -81.3% |
| Deferred charges and accrued income | 490/1 | €2,687 | €2,178 | -€509 | -18.9% |
| Total equity and liabilities | 10/49 | €187,471 | €99,288 | -€88,183 | -47.0% |
| Equity | 10/15 | €45,178 | -€10,826 | -€56,004 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €23,900 | €23,900 | = | 0.0% |
| Distributable reserves | 133 | €23,900 | €23,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,678 | -€53,326 | -€56,004 | |
| Amounts payable | 17/49 | €142,293 | €110,113 | -€32,179 | -22.6% |
| Amounts payable after more than one year | 17 | €34,172 | €21,762 | -€12,410 | -36.3% |
| Financial debts | 170/4 | €34,172 | €21,762 | -€12,410 | -36.3% |
| Amounts payable within one year | 42/48 | €108,121 | €88,351 | -€19,770 | -18.3% |
| Current portion of amounts payable after more than one year | 42 | €11,946 | €12,410 | +€463 | +3.9% |
| Financial debts | 43 | - | €545 | +€545 | |
| Credit institutions | 430/8 | - | €545 | +€545 | |
| Trade debts | 44 | €5,234 | €710 | -€4,523 | -86.4% |
| Suppliers | 440/4 | €5,234 | €710 | -€4,523 | -86.4% |
| Taxes, remuneration and social security | 45 | €4,015 | €57 | -€3,958 | -98.6% |
| Taxes | 450/3 | €4,015 | €57 | -€3,958 | -98.6% |
| Other amounts payable | 47/48 | €86,926 | €74,629 | -€12,297 | -14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,869 | €22,674 | +€1,805 | +8.7% |
| Other operating charges | 640/8 | €677 | €1,789 | +€1,112 | +164.3% |
| Gross operating margin | 9900 | €23,372 | -€29,889 | -€53,261 | |
| Operating profit (loss) | 9901 | €1,826 | -€54,352 | -€56,178 | |
| Financial income | 75/76B | €207 | €317 | +€110 | +53.2% |
| Recurring financial income | 75 | €207 | €317 | +€110 | +53.2% |
| Financial charges | 65/66B | €1,218 | €1,768 | +€550 | +45.1% |
| Recurring financial charges | 65 | €1,218 | €1,768 | +€550 | +45.1% |
| Profit (loss) for the period before taxes | 9903 | €815 | -€55,803 | -€56,618 | |
| Income taxes | 67/77 | €363 | €201 | -€162 | -44.5% |
| Profit (loss) for the period | 9904 | €452 | -€56,004 | -€56,456 | |
| Profit (loss) for the period to be appropriated | 9905 | €452 | -€56,004 | -€56,456 |
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 2 October 2026 via checked.be.