Nexto: 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.
Nexto
Largest movements
- Tangible fixed assets +€182,989
up €182,989 (+64.2%), from €284,975 to €467,964
of which Other tangible fixed assets: +€142,545
- Intangible fixed assets -€61,663
down €61,663 (-8.3%), from €742,387 to €680,724
- Receivables within one year -€55,174
down €55,174 (-11.7%), from €472,612 to €417,438
of which Trade receivables: -€56,021
- Cash -€19,501
down €19,501 (-58.2%), from €33,508 to €14,007
mainly Investment in fixed assets (net) (-€237,524) and Trade debts (-€220,942)
- Deferred charges and accrued income +€19,353
up €19,353 (+308.3%), from €6,277 to €25,630
- Trade debts -€220,942
down €220,942 (-30.7%), from €719,995 to €499,053
- Debts after one year +€192,164
up €192,164 (+41.4%), from €464,237 to €656,401
of which Other amounts payable: +€110,000
- Other debts +€100,000
new in 2025: €100,000
- Reserves -€99,225
down €99,225 (-35.5%), from €279,178 to €179,953
of which Distributable reserves: -€99,225
- Current portion of long-term debt +€39,094
up €39,094 (+51.8%), from €75,516 to €114,610
- Depreciation -€41,750
down €41,750 (-26.4%), from €157,948 to €116,198
- Financial charges +€22,367
up €22,367 (+97.8%), from €22,880 to €45,247
- Gross operating margin +€13,777
up €13,777 (+4.6%), from €298,572 to €312,349
- Staff costs -€9,347
down €9,347 (-10.6%), from €88,565 to €79,218
- Other operating charges +€4,789
up €4,789 (+80.7%), from €5,933 to €10,722
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 | €1,539,758 | €1,605,762 | +€66,004 | +4.3% |
| Fixed assets | 21/28 | €1,027,362 | €1,148,687 | +€121,326 | +11.8% |
| Intangible fixed assets | 21 | €742,387 | €680,724 | -€61,663 | -8.3% |
| Tangible fixed assets | 22/27 | €284,975 | €467,964 | +€182,989 | +64.2% |
| Plant, machinery and equipment | 23 | €42,161 | €28,552 | -€13,609 | -32.3% |
| Furniture and vehicles | 24 | €1,532 | €1,079 | -€453 | -29.5% |
| Leasing and similar rights | 25 | - | €54,505 | +€54,505 | |
| Other tangible fixed assets | 26 | €241,282 | €383,827 | +€142,545 | +59.1% |
| Current assets | 29/58 | €512,397 | €457,075 | -€55,322 | -10.8% |
| Amounts receivable within one year | 40/41 | €472,612 | €417,438 | -€55,174 | -11.7% |
| Trade receivables | 40 | €302,203 | €246,182 | -€56,021 | -18.5% |
| Other amounts receivable | 41 | €170,409 | €171,256 | +€848 | +0.5% |
| Cash at bank and in hand | 54/58 | €33,508 | €14,007 | -€19,501 | -58.2% |
| Deferred charges and accrued income | 490/1 | €6,277 | €25,630 | +€19,353 | +308.3% |
| Total equity and liabilities | 10/49 | €1,539,758 | €1,605,762 | +€66,004 | +4.3% |
| Equity | 10/15 | €248,038 | €186,853 | -€61,185 | -24.7% |
| Contributions | 10/11 | €6,900 | €6,900 | = | 0.0% |
| Reserves | 13 | €279,178 | €179,953 | -€99,225 | -35.5% |
| Non-distributable reserves | 130/1 | €1,920 | €1,920 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,920 | €1,920 | = | 0.0% |
| Distributable reserves | 133 | €277,258 | €178,033 | -€99,225 | -35.8% |
| Profit (loss) carried forward | 14 | -€38,039 | - | +€38,039 | |
| Amounts payable | 17/49 | €1,291,720 | €1,418,909 | +€127,189 | +9.8% |
| Amounts payable after more than one year | 17 | €464,237 | €656,401 | +€192,164 | +41.4% |
| Financial debts | 170/4 | €464,237 | €546,401 | +€82,164 | +17.7% |
| Other amounts payable | 178/9 | - | €110,000 | +€110,000 | |
| Amounts payable within one year | 42/48 | €817,990 | €752,846 | -€65,144 | -8.0% |
| Current portion of amounts payable after more than one year | 42 | €75,516 | €114,610 | +€39,094 | +51.8% |
| Financial debts | 43 | €6,014 | €23,822 | +€17,808 | +296.1% |
| Credit institutions | 430/8 | €6,014 | €23,822 | +€17,808 | +296.1% |
| Trade debts | 44 | €719,995 | €499,053 | -€220,942 | -30.7% |
| Suppliers | 440/4 | €719,995 | €499,053 | -€220,942 | -30.7% |
| Taxes, remuneration and social security | 45 | €16,465 | €15,361 | -€1,104 | -6.7% |
| Taxes | 450/3 | €2,124 | €496 | -€1,628 | -76.7% |
| Remuneration and social security | 454/9 | €14,341 | €14,865 | +€524 | +3.7% |
| Other amounts payable | 47/48 | - | €100,000 | +€100,000 | |
| Accrued charges and deferred income | 492/3 | €9,493 | €9,663 | +€170 | +1.8% |
| Non-recurring operating income | 76A | - | €30,171 | +€30,171 | |
| Remuneration, social security and pensions | 62 | €88,565 | €79,218 | -€9,347 | -10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €157,948 | €116,198 | -€41,750 | -26.4% |
| Other operating charges | 640/8 | €5,933 | €10,722 | +€4,789 | +80.7% |
| Non-recurring operating charges | 66A | - | €13,040 | +€13,040 | |
| Gross operating margin | 9900 | €298,572 | €312,349 | +€13,777 | +4.6% |
| Operating profit (loss) | 9901 | €46,126 | €93,170 | +€47,044 | +102.0% |
| Financial income | 75/76B | - | €143 | +€143 | |
| Recurring financial income | 75 | - | €143 | +€143 | |
| Financial charges | 65/66B | €22,880 | €45,247 | +€22,367 | +97.8% |
| Recurring financial charges | 65 | €22,880 | €45,247 | +€22,367 | +97.8% |
| Profit (loss) for the period before taxes | 9903 | €23,246 | €48,067 | +€24,821 | +106.8% |
| Income taxes | 67/77 | €5,983 | €9,252 | +€3,270 | +54.7% |
| Profit (loss) for the period | 9904 | €17,263 | €38,815 | +€21,551 | +124.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,263 | €38,815 | +€21,551 | +124.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.