Nublius: 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.
Nublius
Largest movements
- Cash -€32,018
down €32,018 (-47.8%), from €66,997 to €34,979
mainly Contributions, distributions and other (-€46,283) and Other debts (-€22,468)
- Tangible fixed assets -€22,350
down €22,350 (-30.5%), from €73,289 to €50,939
of which Furniture and vehicles: -€21,316
- Receivables within one year +€14,171
up €14,171 (+68.4%), from €20,730 to €34,901
of which Other amounts receivable: +€11,819
- Other debts -€22,468
down €22,468 (-28.1%), from €80,025 to €57,557
- Tax, wage and social debts -€16,635
down €16,635 (-62.1%), from €26,771 to €10,136
- Gross operating margin -€16,942
down €16,942 (-17.0%), from €99,888 to €82,947
- Depreciation +€6,801
up €6,801 (+42.2%), from €16,114 to €22,915
- Taxes -€3,983
down €3,983 (-23.2%), from €17,164 to €13,181
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 | €264,731 | €223,918 | -€40,813 | -15.4% |
| Fixed assets | 21/28 | €73,289 | €50,939 | -€22,350 | -30.5% |
| Tangible fixed assets | 22/27 | €73,289 | €50,939 | -€22,350 | -30.5% |
| Plant, machinery and equipment | 23 | €2,978 | €1,944 | -€1,034 | -34.7% |
| Furniture and vehicles | 24 | €70,311 | €48,995 | -€21,316 | -30.3% |
| Current assets | 29/58 | €191,441 | €172,979 | -€18,462 | -9.6% |
| Amounts receivable within one year | 40/41 | €20,730 | €34,901 | +€14,171 | +68.4% |
| Trade receivables | 40 | €12,894 | €15,246 | +€2,352 | +18.2% |
| Other amounts receivable | 41 | €7,836 | €19,655 | +€11,819 | +151% |
| Current investments | 50/53 | €100,000 | €100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €66,997 | €34,979 | -€32,018 | -47.8% |
| Deferred charges and accrued income | 490/1 | €3,714 | €3,099 | -€616 | -16.6% |
| Total equity and liabilities | 10/49 | €264,731 | €223,918 | -€40,813 | -15.4% |
| Equity | 10/15 | €154,036 | €154,036 | = | 0.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €139,036 | €139,036 | = | 0.0% |
| Distributable reserves | 133 | €139,036 | €139,036 | = | 0.0% |
| Amounts payable | 17/49 | €110,695 | €69,882 | -€40,813 | -36.9% |
| Amounts payable within one year | 42/48 | €110,195 | €69,382 | -€40,813 | -37.0% |
| Current portion of amounts payable after more than one year | 42 | €618 | - | -€618 | |
| Trade debts | 44 | €2,781 | €1,689 | -€1,091 | -39.2% |
| Suppliers | 440/4 | €2,781 | €1,689 | -€1,091 | -39.2% |
| Taxes, remuneration and social security | 45 | €26,771 | €10,136 | -€16,635 | -62.1% |
| Taxes | 450/3 | €26,771 | €10,136 | -€16,635 | -62.1% |
| Other amounts payable | 47/48 | €80,025 | €57,557 | -€22,468 | -28.1% |
| Accrued charges and deferred income | 492/3 | €500 | €500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,114 | €22,915 | +€6,801 | +42.2% |
| Other operating charges | 640/8 | €451 | €465 | +€14 | +3.2% |
| Gross operating margin | 9900 | €99,888 | €82,947 | -€16,942 | -17.0% |
| Operating profit (loss) | 9901 | €83,324 | €59,567 | -€23,757 | -28.5% |
| Financial income | 75/76B | €18 | €16 | -€2 | -10.6% |
| Recurring financial income | 75 | €18 | €16 | -€2 | -10.6% |
| Financial charges | 65/66B | €114 | €119 | +€5 | +4.3% |
| Recurring financial charges | 65 | €114 | €119 | +€5 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | €83,228 | €59,464 | -€23,764 | -28.6% |
| Income taxes | 67/77 | €17,164 | €13,181 | -€3,983 | -23.2% |
| Profit (loss) for the period | 9904 | €66,064 | €46,283 | -€19,781 | -29.9% |
| Profit (loss) for the period to be appropriated | 9905 | €66,064 | €46,283 | -€19,781 | -29.9% |
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 13 October 2026 via checked.be.