NucNet: what changed
NucNet
Largest movements
- Receivables within one year +€45,720
up €45,720 (+166%), from €27,593 to €73,313
- Cash -€20,674
down €20,674 (-9.9%), from €209,843 to €189,169
mainly Receivables within one year (-€45,720) and Net result for the year (-€19,005)
- Accrued charges and deferred income +€30,313
up €30,313 (+137%), from €22,121 to €52,434
- Profit (loss) carried forward -€19,005
down €19,005 (-9.1%), from €207,913 to €188,908
- Debts within one year +€14,981
up €14,981 (+187%), from €7,993 to €22,974
of which Trade debts: +€9,896
- Other operating charges +€2,617
up €2,617 (+1,157%), from €226 to €2,843
- Gross operating margin -€2,183
down €2,183 (-19.3%), from -€11,307 to -€13,490
- Write-downs +€1,904
new in 2025: €1,904
- Financial income +€575
up €575 (+32.8%), from €1,752 to €2,327
- Depreciation +€173
up €173 (+114%), from €151 to €325
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €238,027 | €264,316 | +€26,289 | +11.0% |
| Fixed assets | 21/28 | - | €1,499 | +€1,499 | |
| Tangible fixed assets | 22/27 | - | €1,499 | +€1,499 | |
| Furniture and vehicles | 24 | - | €1,499 | +€1,499 | |
| Current assets | 29/58 | €238,027 | €262,816 | +€24,790 | +10.4% |
| Amounts receivable within one year | 40/41 | €27,593 | €73,313 | +€45,720 | +166% |
| Trade receivables | 40 | €27,593 | €73,313 | +€45,720 | +166% |
| Cash at bank and in hand | 54/58 | €209,843 | €189,169 | -€20,674 | -9.9% |
| Deferred charges and accrued income | 490/1 | €591 | €335 | -€256 | -43.4% |
| Total equity and liabilities | 10/49 | €238,027 | €264,316 | +€26,289 | +11.0% |
| Equity | 10/15 | €207,913 | €188,908 | -€19,005 | -9.1% |
| Profit (loss) carried forward | 14 | €207,913 | €188,908 | -€19,005 | -9.1% |
| Amounts payable | 17/49 | €30,114 | €75,408 | +€45,294 | +150% |
| Amounts payable within one year | 42/48 | €7,993 | €22,974 | +€14,981 | +187% |
| Trade debts | 44 | €6,296 | €16,192 | +€9,896 | +157% |
| Suppliers | 440/4 | €5,578 | €12,632 | +€7,054 | +126% |
| Bills of exchange payable | 441 | €718 | €3,560 | +€2,842 | +396% |
| Taxes, remuneration and social security | 45 | €226 | €1,561 | +€1,335 | +590% |
| Taxes | 450/3 | €226 | €1,561 | +€1,335 | +590% |
| Accrued charges and deferred income | 492/3 | €22,121 | €52,434 | +€30,313 | +137% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €151 | €325 | +€173 | +114% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,904 | +€1,904 | |
| Other operating charges | 640/8 | €226 | €2,843 | +€2,617 | +1,157% |
| Gross operating margin | 9900 | -€11,307 | -€13,490 | -€2,183 | -19.3% |
| Operating profit (loss) | 9901 | -€11,684 | -€18,562 | -€6,877 | -58.9% |
| Financial income | 75/76B | €1,752 | €2,327 | +€575 | +32.8% |
| Recurring financial income | 75 | €1,752 | €2,327 | +€575 | +32.8% |
| Financial charges | 65/66B | €2,049 | €2,072 | +€23 | +1.1% |
| Recurring financial charges | 65 | €2,049 | €2,072 | +€23 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,981 | -€18,307 | -€6,326 | -52.8% |
| Income taxes | 67/77 | €526 | €698 | +€173 | +32.8% |
| Profit (loss) for the period | 9904 | -€12,507 | -€19,005 | -€6,498 | -52.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,507 | -€19,005 | -€6,498 | -52.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.