NUCO: 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.
NUCO
Largest movements
- Cash +€18,628
up €18,628 (+2,273%), from €819 to €19,447
mainly Debts after one year (+€189,328) and Depreciation (+€9,266)
- Tangible fixed assets -€9,266
down €9,266 (-3.1%), from €300,285 to €291,018
of which Land and buildings: -€9,107
- Debts after one year +€189,328
up €189,328 (+395%), from €47,917 to €237,245
- Other debts -€187,270
down €187,270 (-97.6%), from €191,878 to €4,608
- Contributions +€12,000
up €12,000 (+150%), from €8,000 to €20,000
- Reserves -€4,581
down €4,581 (-11.4%), from €40,061 to €35,479
- Gross operating margin -€3,759
down €3,759 (-17.5%), from €21,501 to €17,742
- Financial charges +€2,759
up €2,759 (+86.0%), from €3,206 to €5,965
- Taxes -€2,135
down €2,135 (-99.5%), from €2,145 to €10
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 | €302,761 | €312,952 | +€10,191 | +3.4% |
| Fixed assets | 21/28 | €300,285 | €291,018 | -€9,266 | -3.1% |
| Tangible fixed assets | 22/27 | €300,285 | €291,018 | -€9,266 | -3.1% |
| Land and buildings | 22 | €299,280 | €290,173 | -€9,107 | -3.0% |
| Plant, machinery and equipment | 23 | €1,005 | €845 | -€159 | -15.9% |
| Current assets | 29/58 | €2,476 | €21,933 | +€19,457 | +786% |
| Amounts receivable within one year | 40/41 | €1,657 | €2,486 | +€829 | +50.1% |
| Trade receivables | 40 | €1,588 | - | -€1,588 | |
| Other amounts receivable | 41 | €69 | €2,486 | +€2,417 | +3,519% |
| Cash at bank and in hand | 54/58 | €819 | €19,447 | +€18,628 | +2,273% |
| Total equity and liabilities | 10/49 | €302,761 | €312,952 | +€10,191 | +3.4% |
| Equity | 10/15 | €48,061 | €55,479 | +€7,419 | +15.4% |
| Contributions | 10/11 | €8,000 | €20,000 | +€12,000 | +150% |
| Reserves | 13 | €40,061 | €35,479 | -€4,581 | -11.4% |
| Distributable reserves | 133 | €40,061 | €35,479 | -€4,581 | -11.4% |
| Amounts payable | 17/49 | €254,701 | €257,473 | +€2,772 | +1.1% |
| Amounts payable after more than one year | 17 | €47,917 | €237,245 | +€189,328 | +395% |
| Financial debts | 170/4 | €47,917 | €237,245 | +€189,328 | +395% |
| Amounts payable within one year | 42/48 | €206,784 | €20,228 | -€186,556 | -90.2% |
| Current portion of amounts payable after more than one year | 42 | €12,500 | €12,755 | +€255 | +2.0% |
| Trade debts | 44 | - | €535 | +€535 | |
| Suppliers | 440/4 | - | €535 | +€535 | |
| Taxes, remuneration and social security | 45 | €2,406 | €2,329 | -€76 | -3.2% |
| Taxes | 450/3 | €2,406 | €2,329 | -€76 | -3.2% |
| Other amounts payable | 47/48 | €191,878 | €4,608 | -€187,270 | -97.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,266 | €9,266 | = | 0.0% |
| Other operating charges | 640/8 | €2,694 | €2,496 | -€198 | -7.3% |
| Gross operating margin | 9900 | €21,501 | €17,742 | -€3,759 | -17.5% |
| Operating profit (loss) | 9901 | €9,540 | €5,979 | -€3,561 | -37.3% |
| Financial income | 75/76B | - | €23 | +€23 | |
| Recurring financial income | 75 | - | €23 | +€23 | |
| Financial charges | 65/66B | €3,206 | €5,965 | +€2,759 | +86.0% |
| Recurring financial charges | 65 | €3,206 | €5,965 | +€2,759 | +86.0% |
| Profit (loss) for the period before taxes | 9903 | €6,334 | €37 | -€6,297 | -99.4% |
| Income taxes | 67/77 | €2,145 | €10 | -€2,135 | -99.5% |
| Profit (loss) for the period | 9904 | €4,189 | €27 | -€4,162 | -99.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,189 | €27 | -€4,162 | -99.3% |
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 15 October 2026 via checked.be.