NSA Xperience: 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.
NSA Xperience
Largest movements
- Tangible fixed assets +€17,745
up €17,745 (+30.3%), from €58,641 to €76,386
of which Other tangible fixed assets: +€26,290
- Cash -€14,764
down €14,764 (-11.2%), from €131,498 to €116,734
mainly Contributions, distributions and other (-€50,121) and Investment in fixed assets (net) (-€37,710)
- Receivables within one year +€11,296
up €11,296 (+59.2%), from €19,068 to €30,364
of which Other amounts receivable: +€11,744
- Other debts +€12,105
up €12,105 (+32.5%), from €37,281 to €49,387
- Gross operating margin -€19,327
down €19,327 (-17.8%), from €108,559 to €89,232
- Taxes -€10,314
down €10,314 (-34.6%), from €29,785 to €19,470
- Depreciation +€6,933
up €6,933 (+53.2%), from €13,031 to €19,964
- Other operating charges -€5,118
down €5,118 (-88.6%), from €5,778 to €660
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 | €211,346 | €223,859 | +€12,512 | +5.9% |
| Fixed assets | 21/28 | €58,641 | €76,386 | +€17,745 | +30.3% |
| Tangible fixed assets | 22/27 | €58,641 | €76,386 | +€17,745 | +30.3% |
| Plant, machinery and equipment | 23 | €5,857 | €7,646 | +€1,789 | +30.5% |
| Furniture and vehicles | 24 | €43,789 | €33,455 | -€10,334 | -23.6% |
| Other tangible fixed assets | 26 | €8,995 | €35,285 | +€26,290 | +292.3% |
| Current assets | 29/58 | €152,706 | €147,473 | -€5,233 | -3.4% |
| Amounts receivable within one year | 40/41 | €19,068 | €30,364 | +€11,296 | +59.2% |
| Trade receivables | 40 | €11,753 | €11,306 | -€448 | -3.8% |
| Other amounts receivable | 41 | €7,315 | €19,059 | +€11,744 | +160.6% |
| Cash at bank and in hand | 54/58 | €131,498 | €116,734 | -€14,764 | -11.2% |
| Deferred charges and accrued income | 490/1 | €2,140 | €374 | -€1,766 | -82.5% |
| Total equity and liabilities | 10/49 | €211,346 | €223,859 | +€12,512 | +5.9% |
| Equity | 10/15 | €167,167 | €166,700 | -€467 | -0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €148,100 | €148,100 | = | 0.0% |
| Distributable reserves | 133 | €148,100 | €148,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €467 | - | -€467 | |
| Amounts payable | 17/49 | €44,179 | €57,159 | +€12,980 | +29.4% |
| Amounts payable within one year | 42/48 | €44,179 | €57,159 | +€12,980 | +29.4% |
| Trade debts | 44 | - | €222 | +€222 | |
| Suppliers | 440/4 | - | €222 | +€222 | |
| Taxes, remuneration and social security | 45 | €6,898 | €7,550 | +€653 | +9.5% |
| Taxes | 450/3 | €6,898 | €7,550 | +€653 | +9.5% |
| Other amounts payable | 47/48 | €37,281 | €49,387 | +€12,105 | +32.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,031 | €19,964 | +€6,933 | +53.2% |
| Other operating charges | 640/8 | €5,778 | €660 | -€5,118 | -88.6% |
| Gross operating margin | 9900 | €108,559 | €89,232 | -€19,327 | -17.8% |
| Operating profit (loss) | 9901 | €89,751 | €68,608 | -€21,143 | -23.6% |
| Financial income | 75/76B | €496 | €549 | +€53 | +10.6% |
| Recurring financial income | 75 | €496 | €549 | +€53 | +10.6% |
| Financial charges | 65/66B | €91 | €34 | -€57 | -63.0% |
| Recurring financial charges | 65 | €91 | €34 | -€57 | -63.0% |
| Profit (loss) for the period before taxes | 9903 | €90,156 | €69,124 | -€21,033 | -23.3% |
| Income taxes | 67/77 | €29,785 | €19,470 | -€10,314 | -34.6% |
| Profit (loss) for the period | 9904 | €60,372 | €49,653 | -€10,718 | -17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €60,372 | €49,653 | -€10,718 | -17.8% |
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 9 October 2026 via checked.be.