Nexum Accounting: what changed
Nexum Accounting
Largest movements
- Receivables within one year +€51,701
up €51,701 (+189%), from €27,287 to €78,988
of which Other amounts receivable: +€44,148
- Cash -€16,073
down €16,073 (-76.4%), from €21,047 to €4,974
mainly Receivables within one year (-€51,701) and Trade debts (-€12,151)
- Tangible fixed assets -€2,438
down €2,438 (-25.0%), from €9,743 to €7,305
of which Furniture and vehicles: -€1,637
- Deferred charges and accrued income +€1,038
up €1,038 (+105%), from €984 to €2,022
- Profit (loss) carried forward +€42,063
up €42,063 (+2,237%), from €1,880 to €43,944
- Trade debts -€12,151
down €12,151 (-100%), from €12,151 to €0
- Other debts +€5,386
new in 2025: €5,386
- Debts after one year -€3,125
down €3,125 (-56.4%), from €5,538 to €2,414
- Tax, wage and social debts +€1,546
up €1,546 (+15.0%), from €10,290 to €11,835
- Gross operating margin +€43,650
up €43,650 (+237%), from €18,384 to €62,034
- Taxes +€10,814
up €10,814 (+326%), from €3,315 to €14,128
- Financial charges +€1,759
up €1,759 (+184%), from €954 to €2,712
- Financial income +€1,643
up €1,643, from €0 to €1,643
- Depreciation -€1,633
down €1,633 (-36.5%), from €4,469 to €2,837
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,861 | €94,689 | +€33,829 | +55.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €11,542 | €8,705 | -€2,837 | -24.6% |
| Intangible fixed assets | 21 | €399 | €0 | -€399 | -100% |
| Tangible fixed assets | 22/27 | €9,743 | €7,305 | -€2,438 | -25.0% |
| Plant, machinery and equipment | 23 | €129 | €0 | -€129 | -100% |
| Furniture and vehicles | 24 | €3,357 | €1,720 | -€1,637 | -48.8% |
| Other tangible fixed assets | 26 | €6,257 | €5,585 | -€672 | -10.7% |
| Financial fixed assets | 28 | €1,400 | €1,400 | = | 0.0% |
| Current assets | 29/58 | €49,319 | €85,984 | +€36,665 | +74.3% |
| Amounts receivable within one year | 40/41 | €27,287 | €78,988 | +€51,701 | +189% |
| Trade receivables | 40 | €24,916 | €32,468 | +€7,553 | +30.3% |
| Other amounts receivable | 41 | €2,372 | €46,520 | +€44,148 | +1,861% |
| Cash at bank and in hand | 54/58 | €21,047 | €4,974 | -€16,073 | -76.4% |
| Deferred charges and accrued income | 490/1 | €984 | €2,022 | +€1,038 | +105% |
| Total equity and liabilities | 10/49 | €60,861 | €94,689 | +€33,829 | +55.6% |
| Equity | 10/15 | €24,880 | €66,944 | +€42,063 | +169% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €18,000 | €18,000 | = | 0.0% |
| Distributable reserves | 133 | €18,000 | €18,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,880 | €43,944 | +€42,063 | +2,237% |
| Amounts payable | 17/49 | €35,980 | €27,746 | -€8,235 | -22.9% |
| Amounts payable after more than one year | 17 | €5,538 | €2,414 | -€3,125 | -56.4% |
| Financial debts | 170/4 | €5,538 | €2,414 | -€3,125 | -56.4% |
| Amounts payable within one year | 42/48 | €30,442 | €25,332 | -€5,110 | -16.8% |
| Current portion of amounts payable after more than one year | 42 | €8,002 | €8,111 | +€110 | +1.4% |
| Trade debts | 44 | €12,151 | €0 | -€12,151 | -100% |
| Suppliers | 440/4 | €12,151 | €0 | -€12,151 | -100% |
| Taxes, remuneration and social security | 45 | €10,290 | €11,835 | +€1,546 | +15.0% |
| Taxes | 450/3 | €10,290 | €11,835 | +€1,546 | +15.0% |
| Other amounts payable | 47/48 | - | €5,386 | +€5,386 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,469 | €2,837 | -€1,633 | -36.5% |
| Other operating charges | 640/8 | €1,885 | €1,937 | +€52 | +2.7% |
| Non-recurring operating charges | 66A | €6,177 | - | -€6,177 | |
| Gross operating margin | 9900 | €18,384 | €62,034 | +€43,650 | +237% |
| Operating profit (loss) | 9901 | €5,853 | €57,260 | +€51,407 | +878% |
| Financial income | 75/76B | €0 | €1,643 | +€1,643 | |
| Recurring financial income | 75 | €0 | €1,643 | +€1,643 | |
| Financial charges | 65/66B | €954 | €2,712 | +€1,759 | +184% |
| Recurring financial charges | 65 | €954 | €2,712 | +€1,759 | +184% |
| Profit (loss) for the period before taxes | 9903 | €4,900 | €56,192 | +€51,292 | +1,047% |
| Income taxes | 67/77 | €3,315 | €14,128 | +€10,814 | +326% |
| Profit (loss) for the period | 9904 | €1,585 | €42,063 | +€40,479 | +2,554% |
| Profit (loss) for the period to be appropriated | 9905 | €1,585 | €42,063 | +€40,479 | +2,554% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.