NUADA: 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.
NUADA
Largest movements
- Cash -€2,517
down €2,517 (-68.2%), from €3,693 to €1,176
mainly Net result for the year (-€7,999) and Receivables within one year (-€332)
- Tangible fixed assets -€1,373
down €1,373 (-22.7%), from €6,053 to €4,679
- Receivables within one year +€332
up €332 (+21.7%), from €1,534 to €1,866
of which Trade receivables: +€381
- Profit (loss) carried forward -€7,999
down €7,999 (-16.7%), from -€47,903 to -€55,902
- Other debts +€4,640
up €4,640 (+10.6%), from €43,848 to €48,487
- Trade debts -€236
down €236 (-22.7%), from €1,037 to €801
- Gross operating margin +€5,234
up €5,234 (+48.1%), from -€10,871 to -€5,637
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 | €11,279 | €7,721 | -€3,558 | -31.5% |
| Fixed assets | 21/28 | €6,053 | €4,679 | -€1,373 | -22.7% |
| Tangible fixed assets | 22/27 | €6,053 | €4,679 | -€1,373 | -22.7% |
| Plant, machinery and equipment | 23 | €6,053 | €4,679 | -€1,373 | -22.7% |
| Current assets | 29/58 | €5,227 | €3,042 | -€2,185 | -41.8% |
| Amounts receivable within one year | 40/41 | €1,534 | €1,866 | +€332 | +21.7% |
| Trade receivables | 40 | €666 | €1,047 | +€381 | +57.2% |
| Other amounts receivable | 41 | €867 | €819 | -€49 | -5.6% |
| Cash at bank and in hand | 54/58 | €3,693 | €1,176 | -€2,517 | -68.2% |
| Total equity and liabilities | 10/49 | €11,279 | €7,721 | -€3,558 | -31.5% |
| Equity | 10/15 | -€33,643 | -€41,642 | -€7,999 | -23.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,903 | -€55,902 | -€7,999 | -16.7% |
| Amounts payable | 17/49 | €44,922 | €49,363 | +€4,441 | +9.9% |
| Amounts payable within one year | 42/48 | €44,922 | €49,363 | +€4,441 | +9.9% |
| Trade debts | 44 | €1,037 | €801 | -€236 | -22.7% |
| Suppliers | 440/4 | €1,037 | €801 | -€236 | -22.7% |
| Taxes, remuneration and social security | 45 | €37 | €75 | +€37 | +100% |
| Taxes | 450/3 | €37 | €75 | +€37 | +100% |
| Other amounts payable | 47/48 | €43,848 | €48,487 | +€4,640 | +10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,428 | €1,373 | -€54 | -3.8% |
| Other operating charges | 640/8 | €954 | €856 | -€98 | -10.3% |
| Gross operating margin | 9900 | -€10,871 | -€5,637 | +€5,234 | +48.1% |
| Operating profit (loss) | 9901 | -€13,253 | -€7,866 | +€5,387 | +40.6% |
| Financial charges | 65/66B | €81 | €133 | +€52 | +64.9% |
| Recurring financial charges | 65 | €81 | €133 | +€52 | +64.9% |
| Profit (loss) for the period before taxes | 9903 | -€13,334 | -€7,999 | +€5,334 | +40.0% |
| Profit (loss) for the period | 9904 | -€13,334 | -€7,999 | +€5,334 | +40.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,334 | -€7,999 | +€5,334 | +40.0% |
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 14 October 2026 via checked.be.