Nucleas: 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.
Nucleas
Largest movements
- Cash +€164,368
up €164,368 (+81.4%), from €201,804 to €366,172
mainly Net result for the year (+€332,635) and Tax, wage and social debts (+€13,485)
- Tangible fixed assets -€11,994
down €11,994 (-36.2%), from €33,114 to €21,120
of which Furniture and vehicles: -€11,728
- Profit (loss) carried forward +€148,635
up €148,635 (+80.6%), from €184,366 to €333,001
- Tax, wage and social debts +€13,485
up €13,485 (+173.8%), from €7,759 to €21,244
- Debts after one year -€10,365
down €10,365 (-59.1%), from €17,536 to €7,171
- Other debts +€9,146
up €9,146 (+111.0%), from €8,243 to €17,388
- Gross operating margin +€196,106
up €196,106 (+76.5%), from €256,354 to €452,459
- Taxes +€49,446
up €49,446 (+86.0%), from €57,474 to €106,920
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 | €236,885 | €397,729 | +€160,844 | +67.9% |
| Fixed assets | 21/28 | €33,114 | €21,120 | -€11,994 | -36.2% |
| Tangible fixed assets | 22/27 | €33,114 | €21,120 | -€11,994 | -36.2% |
| Plant, machinery and equipment | 23 | €1,018 | €753 | -€266 | -26.1% |
| Furniture and vehicles | 24 | €32,096 | €20,367 | -€11,728 | -36.5% |
| Current assets | 29/58 | €203,771 | €376,609 | +€172,837 | +84.8% |
| Amounts receivable within one year | 40/41 | - | €2,655 | +€2,655 | |
| Trade receivables | 40 | - | €2,655 | +€2,655 | |
| Current investments | 50/53 | - | €2,000 | +€2,000 | |
| Cash at bank and in hand | 54/58 | €201,804 | €366,172 | +€164,368 | +81.4% |
| Deferred charges and accrued income | 490/1 | €1,967 | €5,782 | +€3,815 | +193.9% |
| Total equity and liabilities | 10/49 | €236,885 | €397,729 | +€160,844 | +67.9% |
| Equity | 10/15 | €190,366 | €339,001 | +€148,635 | +78.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €184,366 | €333,001 | +€148,635 | +80.6% |
| Amounts payable | 17/49 | €46,519 | €58,728 | +€12,208 | +26.2% |
| Amounts payable after more than one year | 17 | €17,536 | €7,171 | -€10,365 | -59.1% |
| Financial debts | 170/4 | €17,536 | €7,171 | -€10,365 | -59.1% |
| Amounts payable within one year | 42/48 | €28,632 | €51,557 | +€22,925 | +80.1% |
| Current portion of amounts payable after more than one year | 42 | €9,914 | €10,365 | +€451 | +4.6% |
| Trade debts | 44 | €2,716 | €2,559 | -€157 | -5.8% |
| Suppliers | 440/4 | €2,716 | €2,559 | -€157 | -5.8% |
| Taxes, remuneration and social security | 45 | €7,759 | €21,244 | +€13,485 | +173.8% |
| Taxes | 450/3 | €7,759 | €21,244 | +€13,485 | +173.8% |
| Other amounts payable | 47/48 | €8,243 | €17,388 | +€9,146 | +111.0% |
| Accrued charges and deferred income | 492/3 | €351 | - | -€351 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,509 | €12,523 | +€14 | +0.1% |
| Other operating charges | 640/8 | €1,998 | €1,462 | -€536 | -26.8% |
| Gross operating margin | 9900 | €256,354 | €452,459 | +€196,106 | +76.5% |
| Operating profit (loss) | 9901 | €241,847 | €438,474 | +€196,627 | +81.3% |
| Financial income | 75/76B | €1,119 | €2,255 | +€1,136 | +101.6% |
| Recurring financial income | 75 | €1,119 | €2,255 | +€1,136 | +101.6% |
| Financial charges | 65/66B | €1,590 | €1,174 | -€417 | -26.2% |
| Recurring financial charges | 65 | €1,590 | €1,174 | -€417 | -26.2% |
| Profit (loss) for the period before taxes | 9903 | €241,375 | €439,556 | +€198,180 | +82.1% |
| Income taxes | 67/77 | €57,474 | €106,920 | +€49,446 | +86.0% |
| Profit (loss) for the period | 9904 | €183,901 | €332,635 | +€148,734 | +80.9% |
| Profit (loss) for the period to be appropriated | 9905 | €183,901 | €332,635 | +€148,734 | +80.9% |
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 4 October 2026 via checked.be.