NEXUS COMMUNICATION: 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.
NEXUS COMMUNICATION
Largest movements
- Receivables within one year -€303,976
down €303,976 (-25.1%), from €1.2m to €907,135
of which Trade receivables: -€282,126
- Cash +€138,944
up €138,944 (+10.7%), from €1.3m to €1.4m
mainly Net result for the year (+€368,566) and Receivables within one year (+€303,976)
- Stocks and contracts -€66,419
down €66,419 (-93.1%), from €71,312 to €4,892
- Intangible fixed assets +€61,408
up €61,408 (+104%), from €58,930 to €120,338
- Other debts -€504,351
down €504,351 (-97.8%), from €515,702 to €11,350
- Reserves +€357,500
up €357,500 (+40.7%), from €879,100 to €1.2m
of which Distributable reserves: +€399,600
- Trade debts +€100,965
up €100,965 (+20.2%), from €500,928 to €601,893
- Advances received -€78,246
down €78,246 (-73.7%), from €106,196 to €27,950
- Staff costs +€136,336
up €136,336 (+17.8%), from €766,934 to €903,271
- Gross operating margin -€127,265
down €127,265 (-7.6%), from €1.7m to €1.5m
- Taxes -€42,682
down €42,682 (-20.3%), from €210,182 to €167,500
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 | €2,717,552 | €2,562,418 | -€155,134 | -5.7% |
| Fixed assets | 21/28 | €91,919 | €152,957 | +€61,038 | +66.4% |
| Intangible fixed assets | 21 | €58,930 | €120,338 | +€61,408 | +104% |
| Tangible fixed assets | 22/27 | €22,858 | €22,488 | -€370 | -1.6% |
| Furniture and vehicles | 24 | €20,740 | €20,358 | -€382 | -1.8% |
| Other tangible fixed assets | 26 | €2,119 | €2,130 | +€11 | +0.5% |
| Financial fixed assets | 28 | €10,131 | €10,131 | = | 0.0% |
| Current assets | 29/58 | €2,625,633 | €2,409,461 | -€216,172 | -8.2% |
| Stocks and contracts in progress | 3 | €71,312 | €4,892 | -€66,419 | -93.1% |
| Contracts in progress | 37 | €71,312 | €4,892 | -€66,419 | -93.1% |
| Amounts receivable within one year | 40/41 | €1,211,111 | €907,135 | -€303,976 | -25.1% |
| Trade receivables | 40 | €1,038,454 | €756,328 | -€282,126 | -27.2% |
| Other amounts receivable | 41 | €172,657 | €150,807 | -€21,850 | -12.7% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €1,295,712 | €1,434,656 | +€138,944 | +10.7% |
| Deferred charges and accrued income | 490/1 | €47,498 | €62,778 | +€15,280 | +32.2% |
| Total equity and liabilities | 10/49 | €2,717,552 | €2,562,418 | -€155,134 | -5.7% |
| Equity | 10/15 | €1,154,154 | €1,511,720 | +€357,566 | +31.0% |
| Contributions | 10/11 | €270,000 | €270,000 | = | 0.0% |
| Capital | 10 | €270,000 | €270,000 | = | 0.0% |
| Issued capital | 100 | €270,000 | €270,000 | = | 0.0% |
| Reserves | 13 | €879,100 | €1,236,600 | +€357,500 | +40.7% |
| Non-distributable reserves | 130/1 | €27,000 | €27,000 | = | 0.0% |
| Legal reserve | 130 | €27,000 | €27,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €42,100 | €0 | -€42,100 | -100% |
| Distributable reserves | 133 | €810,000 | €1,209,600 | +€399,600 | +49.3% |
| Profit (loss) carried forward | 14 | €5,054 | €5,120 | +€66 | +1.3% |
| Investment grants | 15 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €85,000 | €85,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €85,000 | €85,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €85,000 | €85,000 | = | 0.0% |
| Amounts payable | 17/49 | €1,478,398 | €965,698 | -€512,700 | -34.7% |
| Amounts payable within one year | 42/48 | €1,453,098 | €965,187 | -€487,911 | -33.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | €0 | = | |
| Trade debts | 44 | €500,928 | €601,893 | +€100,965 | +20.2% |
| Suppliers | 440/4 | €500,928 | €601,893 | +€100,965 | +20.2% |
| Advances received on contracts in progress | 46 | €106,196 | €27,950 | -€78,246 | -73.7% |
| Taxes, remuneration and social security | 45 | €330,271 | €323,993 | -€6,278 | -1.9% |
| Taxes | 450/3 | €232,304 | €163,925 | -€68,379 | -29.4% |
| Remuneration and social security | 454/9 | €97,967 | €160,068 | +€62,100 | +63.4% |
| Other amounts payable | 47/48 | €515,702 | €11,350 | -€504,351 | -97.8% |
| Accrued charges and deferred income | 492/3 | €25,300 | €511 | -€24,789 | -98.0% |
| Remuneration, social security and pensions | 62 | €766,934 | €903,271 | +€136,336 | +17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,195 | €42,557 | +€7,361 | +20.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,380 | €14,624 | +€11,244 | +333% |
| Other operating charges | 640/8 | €6,494 | €6,173 | -€321 | -4.9% |
| Gross operating margin | 9900 | €1,672,695 | €1,545,430 | -€127,265 | -7.6% |
| Operating profit (loss) | 9901 | €860,691 | €578,805 | -€281,886 | -32.8% |
| Financial income | 75/76B | €7,590 | €3,879 | -€3,711 | -48.9% |
| Recurring financial income | 75 | €7,590 | €3,879 | -€3,711 | -48.9% |
| Financial charges | 65/66B | €40,764 | €46,618 | +€5,854 | +14.4% |
| Recurring financial charges | 65 | €40,764 | €46,618 | +€5,854 | +14.4% |
| Profit (loss) for the period before taxes | 9903 | €827,517 | €536,066 | -€291,451 | -35.2% |
| Income taxes | 67/77 | €210,182 | €167,500 | -€42,682 | -20.3% |
| Profit (loss) for the period | 9904 | €617,335 | €368,566 | -€248,769 | -40.3% |
| Transfer from tax-exempt reserves | 789 | €130,510 | €42,100 | -€88,410 | -67.7% |
| Profit (loss) for the period to be appropriated | 9905 | €747,845 | €410,666 | -€337,179 | -45.1% |
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 14 October 2026 via checked.be.