NSR-HOLDING: 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.
NSR-HOLDING
Largest movements
- Receivables within one year +€1,761
up €1,761 (+1.8%), from €100,543 to €102,304
of which Trade receivables: +€2,000
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€2,079
up €2,079, from -€1,055 to €1,024
- Other operating charges +€140
up €140 (+26.2%), from €534 to €674
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 | €142,986 | €143,428 | +€441 | +0.3% |
| Fixed assets | 21/28 | €2,000 | €2,000 | = | 0.0% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €140,986 | €141,428 | +€441 | +0.3% |
| Amounts receivable within one year | 40/41 | €100,543 | €102,304 | +€1,761 | +1.8% |
| Trade receivables | 40 | €0 | €2,000 | +€2,000 | |
| Other amounts receivable | 41 | €100,543 | €100,304 | -€239 | -0.2% |
| Cash at bank and in hand | 54/58 | €40,443 | €39,124 | -€1,319 | -3.3% |
| Total equity and liabilities | 10/49 | €142,986 | €143,428 | +€441 | +0.3% |
| Equity | 10/15 | €1,506 | €1,856 | +€350 | +23.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €473 | €473 | = | 0.0% |
| Distributable reserves | 133 | €473 | €473 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,966 | -€3,617 | +€350 | +8.8% |
| Amounts payable | 17/49 | €141,480 | €141,572 | +€92 | +0.1% |
| Amounts payable within one year | 42/48 | €141,480 | €141,572 | +€92 | +0.1% |
| Trade debts | 44 | - | €92 | +€92 | |
| Suppliers | 440/4 | - | €92 | +€92 | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €141,480 | €141,480 | = | 0.0% |
| Other operating charges | 640/8 | €534 | €674 | +€140 | +26.2% |
| Gross operating margin | 9900 | -€1,055 | €1,024 | +€2,079 | |
| Operating profit (loss) | 9901 | -€1,589 | €350 | +€1,939 | |
| Profit (loss) for the period before taxes | 9903 | -€1,589 | €350 | +€1,939 | |
| Profit (loss) for the period | 9904 | -€1,589 | €350 | +€1,939 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,589 | €350 | +€1,939 |
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 28 October 2026 via checked.be.