Nexus Impact Advisory: what changed
Nexus Impact Advisory
Largest movements
- Receivables within one year +€27,876
new in 2025: €27,876
of which Other amounts receivable: +€18,608
- Cash +€26,360
up €26,360 (+67.9%), from €38,815 to €65,175
mainly Net result for the year (+€37,226) and Receivables after one year (+€14,428)
- Receivables after one year -€14,428
no longer reported in 2025 (was €14,428)
of which Other amounts receivable: -€13,899
- Tangible fixed assets -€2,223
down €2,223 (-22.2%), from €10,004 to €7,781
- Profit (loss) carried forward +€37,226
up €37,226 (+82.8%), from €44,986 to €82,212
- Tax, wage and social debts +€1,773
up €1,773 (+10.0%), from €17,724 to €19,497
- Gross operating margin -€6,650
down €6,650 (-11.3%), from €58,623 to €51,973
- Depreciation +€1,112
up €1,112 (+100%), from €1,112 to €2,223
- Financial income +€977
new in 2025: €977
- Taxes +€946
up €946 (+7.6%), from €12,498 to €13,444
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 | €63,247 | €101,809 | +€38,562 | +61.0% |
| Fixed assets | 21/28 | €10,004 | €7,781 | -€2,223 | -22.2% |
| Tangible fixed assets | 22/27 | €10,004 | €7,781 | -€2,223 | -22.2% |
| Furniture and vehicles | 24 | €10,004 | €7,781 | -€2,223 | -22.2% |
| Current assets | 29/58 | €53,243 | €94,028 | +€40,785 | +76.6% |
| Amounts receivable after more than one year | 29 | €14,428 | - | -€14,428 | |
| Trade receivables | 290 | €529 | - | -€529 | |
| Other amounts receivable | 291 | €13,899 | - | -€13,899 | |
| Amounts receivable within one year | 40/41 | - | €27,876 | +€27,876 | |
| Trade receivables | 40 | - | €9,268 | +€9,268 | |
| Other amounts receivable | 41 | - | €18,608 | +€18,608 | |
| Cash at bank and in hand | 54/58 | €38,815 | €65,175 | +€26,360 | +67.9% |
| Deferred charges and accrued income | 490/1 | - | €977 | +€977 | |
| Total equity and liabilities | 10/49 | €63,247 | €101,809 | +€38,562 | +61.0% |
| Equity | 10/15 | €45,086 | €82,312 | +€37,226 | +82.6% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,986 | €82,212 | +€37,226 | +82.8% |
| Amounts payable | 17/49 | €18,162 | €19,497 | +€1,336 | +7.4% |
| Amounts payable within one year | 42/48 | €17,724 | €19,497 | +€1,773 | +10.0% |
| Taxes, remuneration and social security | 45 | €17,724 | €19,497 | +€1,773 | +10.0% |
| Taxes | 450/3 | €17,724 | €19,497 | +€1,773 | +10.0% |
| Accrued charges and deferred income | 492/3 | €438 | - | -€438 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,112 | €2,223 | +€1,112 | +100% |
| Other operating charges | 640/8 | - | €11 | +€11 | |
| Gross operating margin | 9900 | €58,623 | €51,973 | -€6,650 | -11.3% |
| Operating profit (loss) | 9901 | €57,512 | €49,739 | -€7,772 | -13.5% |
| Financial income | 75/76B | - | €977 | +€977 | |
| Recurring financial income | 75 | - | €977 | +€977 | |
| Financial charges | 65/66B | €28 | €46 | +€18 | +64.5% |
| Recurring financial charges | 65 | €28 | €46 | +€18 | +64.5% |
| Profit (loss) for the period before taxes | 9903 | €57,483 | €50,670 | -€6,813 | -11.9% |
| Income taxes | 67/77 | €12,498 | €13,444 | +€946 | +7.6% |
| Profit (loss) for the period | 9904 | €44,986 | €37,226 | -€7,759 | -17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €44,986 | €37,226 | -€7,759 | -17.2% |
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 3 November 2026 via checked.be.