NUGRO: 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.
NUGRO
Largest movements
- Cash -€141,648
down €141,648 (-82.2%), from €172,308 to €30,660
mainly Deferred charges and accrued income (-€73,126) and Trade debts (-€60,573)
- Deferred charges and accrued income +€73,126
up €73,126 (+2167.6%), from €3,374 to €76,500
- Receivables within one year -€14,037
down €14,037 (-62.3%), from €22,527 to €8,490
of which Trade receivables: -€19,369
- Tangible fixed assets -€13,281
down €13,281 (-29.8%), from €44,592 to €31,311
of which Plant, machinery and equipment: -€14,342
- Trade debts -€60,573
down €60,573 (-84.3%), from €71,850 to €11,277
- Profit (loss) carried forward +€47,421
up €47,421 (+87.4%), from -€54,236 to -€6,815
- Debts after one year -€43,710
down €43,710 (-39.9%), from €109,638 to €65,929
- Tax, wage and social debts -€27,290
down €27,290 (-99.0%), from €27,578 to €288
- Current portion of long-term debt -€13,611
down €13,611 (-28.3%), from €48,120 to €34,509
- Financial charges -€13,937
down €13,937 (-71.1%), from €19,589 to €5,652
- Gross operating margin +€12,566
up €12,566 (+19.4%), from €64,870 to €77,436
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €242,801 | €146,961 | -€95,840 | -39.5% |
| Fixed assets | 21/28 | €44,592 | €31,311 | -€13,281 | -29.8% |
| Tangible fixed assets | 22/27 | €44,592 | €31,311 | -€13,281 | -29.8% |
| Plant, machinery and equipment | 23 | €28,547 | €14,206 | -€14,342 | -50.2% |
| Furniture and vehicles | 24 | €16,045 | €17,106 | +€1,061 | +6.6% |
| Current assets | 29/58 | €198,209 | €115,650 | -€82,559 | -41.7% |
| Amounts receivable within one year | 40/41 | €22,527 | €8,490 | -€14,037 | -62.3% |
| Trade receivables | 40 | €19,912 | €543 | -€19,369 | -97.3% |
| Other amounts receivable | 41 | €2,615 | €7,947 | +€5,332 | +203.9% |
| Cash at bank and in hand | 54/58 | €172,308 | €30,660 | -€141,648 | -82.2% |
| Deferred charges and accrued income | 490/1 | €3,374 | €76,500 | +€73,126 | +2167.6% |
| Total equity and liabilities | 10/49 | €242,801 | €146,961 | -€95,840 | -39.5% |
| Equity | 10/15 | -€34,236 | €13,185 | +€47,421 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | - | €20,000 | +€20,000 | |
| Other | 1109/19 | - | €20,000 | +€20,000 | |
| Profit (loss) carried forward | 14 | -€54,236 | -€6,815 | +€47,421 | +87.4% |
| Amounts payable | 17/49 | €277,037 | €133,777 | -€143,261 | -51.7% |
| Amounts payable after more than one year | 17 | €109,638 | €65,929 | -€43,710 | -39.9% |
| Financial debts | 170/4 | €109,638 | €65,929 | -€43,710 | -39.9% |
| Amounts payable within one year | 42/48 | €157,548 | €67,848 | -€89,700 | -56.9% |
| Current portion of amounts payable after more than one year | 42 | €48,120 | €34,509 | -€13,611 | -28.3% |
| Trade debts | 44 | €71,850 | €11,277 | -€60,573 | -84.3% |
| Suppliers | 440/4 | €71,850 | €11,277 | -€60,573 | -84.3% |
| Taxes, remuneration and social security | 45 | €27,578 | €288 | -€27,290 | -99.0% |
| Taxes | 450/3 | €27,578 | €288 | -€27,290 | -99.0% |
| Other amounts payable | 47/48 | €10,000 | €21,774 | +€11,774 | +117.7% |
| Accrued charges and deferred income | 492/3 | €9,851 | - | -€9,851 | |
| Non-recurring operating income | 76A | €4,922 | - | -€4,922 | |
| Remuneration, social security and pensions | 62 | €601 | - | -€601 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,823 | €22,673 | -€150 | -0.7% |
| Other operating charges | 640/8 | €1,439 | €1,401 | -€38 | -2.6% |
| Non-recurring operating charges | 66A | €35,749 | - | -€35,749 | |
| Gross operating margin | 9900 | €64,870 | €77,436 | +€12,566 | +19.4% |
| Operating profit (loss) | 9901 | €4,258 | €53,362 | +€49,104 | +1153.1% |
| Financial income | 75/76B | €18 | - | -€18 | |
| Recurring financial income | 75 | €18 | - | -€18 | |
| Financial charges | 65/66B | €19,589 | €5,652 | -€13,937 | -71.1% |
| Recurring financial charges | 65 | €19,589 | €5,652 | -€13,937 | -71.1% |
| Profit (loss) for the period before taxes | 9903 | -€15,313 | €47,709 | +€63,023 | |
| Income taxes | 67/77 | - | €288 | +€288 | |
| Profit (loss) for the period | 9904 | -€15,313 | €47,421 | +€62,734 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,313 | €47,421 | +€62,734 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.