NucGen Van Riet: 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.
NucGen Van Riet
Largest movements
- Receivables within one year +€115,501
up €115,501 (+21.6%), from €534,517 to €650,018
- Receivables after one year +€45,962
up €45,962 (+35.0%), from €131,345 to €177,307
- Cash -€9,456
down €9,456 (-95.0%), from €9,955 to €500
mainly Receivables within one year (-€115,501) and Receivables after one year (-€45,962)
- Reserves +€159,620
up €159,620 (+28.3%), from €564,170 to €723,791
- Gross operating margin +€17,228
up €17,228 (+9.3%), from €184,912 to €202,140
- Other operating charges +€4,727
up €4,727 (+6,294%), from €75 to €4,802
- Taxes +€3,265
up €3,265 (+9.7%), from €33,724 to €36,989
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 | €690,119 | €840,535 | +€150,416 | +21.8% |
| Fixed assets | 21/28 | €14,301 | €12,595 | -€1,706 | -11.9% |
| Tangible fixed assets | 22/27 | €14,301 | €12,595 | -€1,706 | -11.9% |
| Furniture and vehicles | 24 | €14,301 | €12,595 | -€1,706 | -11.9% |
| Current assets | 29/58 | €675,818 | €827,940 | +€152,122 | +22.5% |
| Amounts receivable after more than one year | 29 | €131,345 | €177,307 | +€45,962 | +35.0% |
| Other amounts receivable | 291 | €131,345 | €177,307 | +€45,962 | +35.0% |
| Amounts receivable within one year | 40/41 | €534,517 | €650,018 | +€115,501 | +21.6% |
| Other amounts receivable | 41 | €534,517 | €650,018 | +€115,501 | +21.6% |
| Cash at bank and in hand | 54/58 | €9,955 | €500 | -€9,456 | -95.0% |
| Deferred charges and accrued income | 490/1 | - | €115 | +€115 | |
| Total equity and liabilities | 10/49 | €690,119 | €840,535 | +€150,416 | +21.8% |
| Equity | 10/15 | €569,170 | €728,791 | +€159,620 | +28.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €564,170 | €723,791 | +€159,620 | +28.3% |
| Distributable reserves | 133 | €564,170 | €723,791 | +€159,620 | +28.3% |
| Amounts payable | 17/49 | €120,948 | €111,744 | -€9,204 | -7.6% |
| Amounts payable within one year | 42/48 | €118,183 | €111,744 | -€6,439 | -5.4% |
| Advances received on contracts in progress | 46 | €369 | €157 | -€212 | -57.4% |
| Taxes, remuneration and social security | 45 | €8,049 | €858 | -€7,191 | -89.3% |
| Taxes | 450/3 | €8,049 | €858 | -€7,191 | -89.3% |
| Other amounts payable | 47/48 | €109,766 | €110,730 | +€964 | +0.9% |
| Accrued charges and deferred income | 492/3 | €2,765 | €0 | -€2,765 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,617 | €2,505 | -€112 | -4.3% |
| Other operating charges | 640/8 | €75 | €4,802 | +€4,727 | +6,294% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €184,912 | €202,140 | +€17,228 | +9.3% |
| Operating profit (loss) | 9901 | €182,220 | €194,833 | +€12,614 | +6.9% |
| Financial income | 75/76B | €4,582 | €6,099 | +€1,517 | +33.1% |
| Recurring financial income | 75 | €4,582 | €6,099 | +€1,517 | +33.1% |
| Financial charges | 65/66B | €5,481 | €4,322 | -€1,158 | -21.1% |
| Recurring financial charges | 65 | €5,481 | €4,322 | -€1,158 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | €181,321 | €196,610 | +€15,289 | +8.4% |
| Income taxes | 67/77 | €33,724 | €36,989 | +€3,265 | +9.7% |
| Profit (loss) for the period | 9904 | €147,596 | €159,620 | +€12,024 | +8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €147,596 | €159,620 | +€12,024 | +8.1% |
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 27 October 2026 via checked.be.