NUANCE CONSTRUCT: 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.
NUANCE CONSTRUCT
Largest movements
- Tangible fixed assets +€16,440
new in 2025: €16,440
- Receivables within one year +€4,118
up €4,118 (+24.8%), from €16,613 to €20,731
of which Trade receivables: +€3,302
- Cash -€815
down €815 (-15.5%), from €5,243 to €4,428
mainly Investment in fixed assets (net) (-€17,534) and Receivables within one year (-€4,118)
- Deferred charges and accrued income -€482
down €482 (-85.0%), from €567 to €85
- Debts after one year +€12,304
new in 2025: €12,304
- Profit (loss) carried forward +€6,169
up €6,169 (+189.9%), from €3,248 to €9,418
- Trade debts -€3,646
down €3,646 (-21.5%), from €16,961 to €13,315
- Current portion of long-term debt +€2,943
new in 2025: €2,943
- Tax, wage and social debts +€746
up €746 (+80.7%), from €924 to €1,670
- Gross operating margin +€6,614
up €6,614 (+119.3%), from €5,542 to €12,156
- Other operating charges +€2,211
up €2,211 (+741.2%), from €298 to €2,509
- Depreciation +€1,094
new in 2025: €1,094
- Taxes +€809
up €809 (+94.0%), from €860 to €1,669
- Financial charges -€421
down €421 (-37.0%), from €1,136 to €716
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 | €22,422 | €41,683 | +€19,261 | +85.9% |
| Fixed assets | 21/28 | - | €16,440 | +€16,440 | |
| Tangible fixed assets | 22/27 | - | €16,440 | +€16,440 | |
| Furniture and vehicles | 24 | - | €16,440 | +€16,440 | |
| Current assets | 29/58 | €22,422 | €25,243 | +€2,821 | +12.6% |
| Amounts receivable within one year | 40/41 | €16,613 | €20,731 | +€4,118 | +24.8% |
| Trade receivables | 40 | €16,189 | €19,490 | +€3,302 | +20.4% |
| Other amounts receivable | 41 | €424 | €1,240 | +€817 | +192.7% |
| Cash at bank and in hand | 54/58 | €5,243 | €4,428 | -€815 | -15.5% |
| Deferred charges and accrued income | 490/1 | €567 | €85 | -€482 | -85.0% |
| Total equity and liabilities | 10/49 | €22,422 | €41,683 | +€19,261 | +85.9% |
| Equity | 10/15 | €4,248 | €10,418 | +€6,169 | +145.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,248 | €9,418 | +€6,169 | +189.9% |
| Amounts payable | 17/49 | €18,174 | €31,266 | +€13,092 | +72.0% |
| Amounts payable after more than one year | 17 | - | €12,304 | +€12,304 | |
| Financial debts | 170/4 | - | €12,304 | +€12,304 | |
| Amounts payable within one year | 42/48 | €18,174 | €18,962 | +€788 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | - | €2,943 | +€2,943 | |
| Trade debts | 44 | €16,961 | €13,315 | -€3,646 | -21.5% |
| Suppliers | 440/4 | €16,961 | €13,315 | -€3,646 | -21.5% |
| Taxes, remuneration and social security | 45 | €924 | €1,670 | +€746 | +80.7% |
| Taxes | 450/3 | €924 | €1,670 | +€746 | +80.7% |
| Other amounts payable | 47/48 | €289 | €1,033 | +€744 | +257.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,094 | +€1,094 | |
| Other operating charges | 640/8 | €298 | €2,509 | +€2,211 | +741.2% |
| Gross operating margin | 9900 | €5,542 | €12,156 | +€6,614 | +119.3% |
| Operating profit (loss) | 9901 | €5,244 | €8,553 | +€3,310 | +63.1% |
| Financial income | 75/76B | €1 | €0 | -€1 | -93.1% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -93.1% |
| Financial charges | 65/66B | €1,136 | €716 | -€421 | -37.0% |
| Recurring financial charges | 65 | €1,136 | €716 | -€421 | -37.0% |
| Profit (loss) for the period before taxes | 9903 | €4,108 | €7,838 | +€3,729 | +90.8% |
| Income taxes | 67/77 | €860 | €1,669 | +€809 | +94.0% |
| Profit (loss) for the period | 9904 | €3,248 | €6,169 | +€2,921 | +89.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,248 | €6,169 | +€2,921 | +89.9% |
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 6 October 2026 via checked.be.