NIXAS: what changed
Two fiscal 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.
NIXAS
Largest movements
- Receivables within one year -€8,501
down €8,501 (-61.4%), from €13,848 to €5,347
of which Trade receivables: -€13,012
- Tangible fixed assets +€8,455
up €8,455 (+1.3%), from €653,412 to €661,867
of which Land and buildings: +€25,599
- Other debts +€155,461
up €155,461 (+36.4%), from €426,991 to €582,453
- Profit (loss) carried forward -€138,211
down €138,211 (-66.0%), from -€209,390 to -€347,601
- Trade debts -€7,040
down €7,040 (-85.4%), from €8,245 to €1,206
- Gross operating margin -€8,481
down €8,481 (-13.3%), from -€63,570 to -€72,050
- Depreciation +€7,020
up €7,020 (+14.6%), from €48,169 to €55,189
- Other operating charges -€2,071
down €2,071 (-17.9%), from €11,593 to €9,523
- Financial charges -€1,091
down €1,091 (-67.2%), from €1,624 to €533
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 | €680,728 | €684,912 | +€4,184 | +0.6% |
| Fixed assets | 21/28 | €653,412 | €661,867 | +€8,455 | +1.3% |
| Tangible fixed assets | 22/27 | €653,412 | €661,867 | +€8,455 | +1.3% |
| Land and buildings | 22 | €594,814 | €620,413 | +€25,599 | +4.3% |
| Plant, machinery and equipment | 23 | €15,614 | - | -€15,614 | |
| Furniture and vehicles | 24 | €42,412 | €41,073 | -€1,339 | -3.2% |
| Other tangible fixed assets | 26 | €572 | €381 | -€191 | -33.3% |
| Current assets | 29/58 | €27,316 | €23,045 | -€4,271 | -15.6% |
| Amounts receivable within one year | 40/41 | €13,848 | €5,347 | -€8,501 | -61.4% |
| Trade receivables | 40 | €13,129 | €117 | -€13,012 | -99.1% |
| Other amounts receivable | 41 | €719 | €5,230 | +€4,511 | +627.4% |
| Cash at bank and in hand | 54/58 | €12,251 | €13,337 | +€1,085 | +8.9% |
| Deferred charges and accrued income | 490/1 | €1,216 | €4,361 | +€3,145 | +258.7% |
| Total equity and liabilities | 10/49 | €680,728 | €684,912 | +€4,184 | +0.6% |
| Equity | 10/15 | €236,755 | €98,544 | -€138,211 | -58.4% |
| Contributions | 10/11 | €390,000 | €390,000 | = | 0.0% |
| Reserves | 13 | €56,145 | €56,145 | = | 0.0% |
| Distributable reserves | 133 | €56,145 | €56,145 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€209,390 | -€347,601 | -€138,211 | -66.0% |
| Amounts payable | 17/49 | €443,972 | €586,368 | +€142,395 | +32.1% |
| Amounts payable within one year | 42/48 | €443,972 | €586,368 | +€142,395 | +32.1% |
| Trade debts | 44 | €8,245 | €1,206 | -€7,040 | -85.4% |
| Suppliers | 440/4 | €8,245 | €1,206 | -€7,040 | -85.4% |
| Taxes, remuneration and social security | 45 | €8,735 | €2,709 | -€6,026 | -69.0% |
| Taxes | 450/3 | €6,035 | €2,709 | -€3,326 | -55.1% |
| Remuneration and social security | 454/9 | €2,700 | - | -€2,700 | |
| Other amounts payable | 47/48 | €426,991 | €582,453 | +€155,461 | +36.4% |
| Non-recurring operating income | 76A | - | €6,000 | +€6,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,169 | €55,189 | +€7,020 | +14.6% |
| Other operating charges | 640/8 | €11,593 | €9,523 | -€2,071 | -17.9% |
| Gross operating margin | 9900 | -€63,570 | -€72,050 | -€8,481 | -13.3% |
| Operating profit (loss) | 9901 | -€123,333 | -€136,762 | -€13,430 | -10.9% |
| Financial income | 75/76B | €105 | €227 | +€123 | +117.0% |
| Recurring financial income | 75 | €105 | €227 | +€123 | +117.0% |
| Financial charges | 65/66B | €1,624 | €533 | -€1,091 | -67.2% |
| Recurring financial charges | 65 | €1,624 | €533 | -€1,091 | -67.2% |
| Profit (loss) for the period before taxes | 9903 | -€124,852 | -€137,068 | -€12,217 | -9.8% |
| Income taxes | 67/77 | €1,255 | €1,143 | -€112 | -8.9% |
| Profit (loss) for the period | 9904 | -€126,107 | -€138,211 | -€12,105 | -9.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€126,107 | -€138,211 | -€12,105 | -9.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.