NIEULARGO: 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.
NIEULARGO
Largest movements
- Receivables after one year -€225,000
no longer reported in 2025 (was €225,000)
- Cash -€47,562
down €47,562 (-68.8%), from €69,084 to €21,522
mainly Other debts (-€252,724) and Contributions, distributions and other (-€243,357)
- Tangible fixed assets -€44,665
down €44,665 (-6.2%), from €723,120 to €678,455
of which Plant, machinery and equipment: -€34,486
- Other debts -€252,724
down €252,724 (-47.6%), from €531,040 to €278,316
- Tax, wage and social debts -€52,612
down €52,612 (-64.1%), from €82,062 to €29,450
of which Taxes: -€52,634
- Debts after one year -€42,447
down €42,447 (-20.7%), from €204,745 to €162,298
- Trade debts +€25,658
up €25,658 (+582%), from €4,407 to €30,065
- Gross operating margin -€368,961
down €368,961 (-44.8%), from €823,885 to €454,924
- Taxes -€89,938
down €89,938 (-46.6%), from €193,118 to €103,180
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 | €1,087,245 | €763,036 | -€324,209 | -29.8% |
| Fixed assets | 21/28 | €723,120 | €678,455 | -€44,665 | -6.2% |
| Tangible fixed assets | 22/27 | €723,120 | €678,455 | -€44,665 | -6.2% |
| Plant, machinery and equipment | 23 | €411,436 | €376,950 | -€34,486 | -8.4% |
| Furniture and vehicles | 24 | €100,709 | €70,103 | -€30,606 | -30.4% |
| Other tangible fixed assets | 26 | €210,975 | €231,402 | +€20,427 | +9.7% |
| Current assets | 29/58 | €364,125 | €84,581 | -€279,544 | -76.8% |
| Amounts receivable after more than one year | 29 | €225,000 | - | -€225,000 | |
| Other amounts receivable | 291 | €225,000 | - | -€225,000 | |
| Amounts receivable within one year | 40/41 | €55,120 | €54,299 | -€821 | -1.5% |
| Trade receivables | 40 | €55,054 | €54,240 | -€815 | -1.5% |
| Other amounts receivable | 41 | €66 | €60 | -€6 | -9.8% |
| Cash at bank and in hand | 54/58 | €69,084 | €21,522 | -€47,562 | -68.8% |
| Deferred charges and accrued income | 490/1 | €14,921 | €8,759 | -€6,161 | -41.3% |
| Total equity and liabilities | 10/49 | €1,087,245 | €763,036 | -€324,209 | -29.8% |
| Equity | 10/15 | €220,460 | €220,460 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €201,860 | €201,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable | 17/49 | €866,785 | €542,576 | -€324,209 | -37.4% |
| Amounts payable after more than one year | 17 | €204,745 | €162,298 | -€42,447 | -20.7% |
| Financial debts | 170/4 | €204,745 | €162,298 | -€42,447 | -20.7% |
| Amounts payable within one year | 42/48 | €662,040 | €380,278 | -€281,762 | -42.6% |
| Current portion of amounts payable after more than one year | 42 | €44,531 | €42,447 | -€2,084 | -4.7% |
| Trade debts | 44 | €4,407 | €30,065 | +€25,658 | +582% |
| Suppliers | 440/4 | €4,407 | €30,065 | +€25,658 | +582% |
| Taxes, remuneration and social security | 45 | €82,062 | €29,450 | -€52,612 | -64.1% |
| Taxes | 450/3 | €80,290 | €27,657 | -€52,634 | -65.6% |
| Remuneration and social security | 454/9 | €1,772 | €1,794 | +€22 | +1.2% |
| Other amounts payable | 47/48 | €531,040 | €278,316 | -€252,724 | -47.6% |
| Non-recurring operating income | 76A | €21,782 | - | -€21,782 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,197 | €100,919 | +€1,722 | +1.7% |
| Other operating charges | 640/8 | €1,967 | €2,775 | +€809 | +41.1% |
| Gross operating margin | 9900 | €823,885 | €454,924 | -€368,961 | -44.8% |
| Operating profit (loss) | 9901 | €722,721 | €351,230 | -€371,491 | -51.4% |
| Financial income | 75/76B | €7,117 | €3 | -€7,114 | -100.0% |
| Recurring financial income | 75 | €7,117 | €3 | -€7,114 | -100.0% |
| Financial charges | 65/66B | €6,092 | €4,696 | -€1,397 | -22.9% |
| Recurring financial charges | 65 | €6,092 | €4,696 | -€1,397 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | €723,745 | €346,537 | -€377,208 | -52.1% |
| Income taxes | 67/77 | €193,118 | €103,180 | -€89,938 | -46.6% |
| Profit (loss) for the period | 9904 | €530,627 | €243,357 | -€287,270 | -54.1% |
| Profit (loss) for the period to be appropriated | 9905 | €530,627 | €243,357 | -€287,270 | -54.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.