NUH KASAP: 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.
NUH KASAP
Largest movements
- Stocks and contracts -€32,000
down €32,000 (-21.3%), from €150,440 to €118,440
- Receivables within one year +€30,361
up €30,361 (+60.1%), from €50,547 to €80,908
of which Trade receivables: +€23,825
- Deferred charges and accrued income +€2,612
up €2,612 (+107%), from €2,432 to €5,044
- Tax, wage and social debts +€13,097
up €13,097 (+30.4%), from €43,099 to €56,196
of which Remuneration and social security: +€10,387
- Other debts -€5,830
down €5,830 (-45.8%), from €12,723 to €6,893
- Debts after one year -€2,650
down €2,650 (-16.9%), from €15,701 to €13,051
- Staff costs +€63,970
up €63,970 (+56.3%), from €113,525 to €177,495
- Gross operating margin +€51,243
up €51,243 (+33.5%), from €152,974 to €204,217
- Depreciation -€3,658
down €3,658 (-21.9%), from €16,674 to €13,016
- Taxes -€2,525
down €2,525 (-31.6%), from €7,980 to €5,456
- Other operating charges -€2,048
down €2,048 (-32.0%), from €6,408 to €4,360
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 | €252,489 | €257,352 | +€4,863 | +1.9% |
| Fixed assets | 21/28 | €26,278 | €28,764 | +€2,486 | +9.5% |
| Tangible fixed assets | 22/27 | €25,778 | €28,264 | +€2,486 | +9.6% |
| Plant, machinery and equipment | 23 | €346 | €6,303 | +€5,957 | +1,724% |
| Furniture and vehicles | 24 | €25,432 | €21,961 | -€3,471 | -13.6% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €226,211 | €228,588 | +€2,377 | +1.1% |
| Stocks and contracts in progress | 3 | €150,440 | €118,440 | -€32,000 | -21.3% |
| Stocks | 30/36 | €150,440 | €118,440 | -€32,000 | -21.3% |
| Amounts receivable within one year | 40/41 | €50,547 | €80,908 | +€30,361 | +60.1% |
| Trade receivables | 40 | €28,096 | €51,921 | +€23,825 | +84.8% |
| Other amounts receivable | 41 | €22,451 | €28,987 | +€6,536 | +29.1% |
| Cash at bank and in hand | 54/58 | €22,793 | €24,196 | +€1,403 | +6.2% |
| Deferred charges and accrued income | 490/1 | €2,432 | €5,044 | +€2,612 | +107% |
| Total equity and liabilities | 10/49 | €252,489 | €257,352 | +€4,863 | +1.9% |
| Equity | 10/15 | €80,938 | €83,478 | +€2,540 | +3.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,338 | €64,878 | +€2,540 | +4.1% |
| Amounts payable | 17/49 | €171,551 | €173,873 | +€2,323 | +1.4% |
| Amounts payable after more than one year | 17 | €15,701 | €13,051 | -€2,650 | -16.9% |
| Financial debts | 170/4 | €15,701 | €13,051 | -€2,650 | -16.9% |
| Amounts payable within one year | 42/48 | €155,849 | €160,822 | +€4,973 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €2,507 | €2,650 | +€143 | +5.7% |
| Trade debts | 44 | €97,520 | €95,083 | -€2,438 | -2.5% |
| Suppliers | 440/4 | €97,520 | €95,083 | -€2,438 | -2.5% |
| Taxes, remuneration and social security | 45 | €43,099 | €56,196 | +€13,097 | +30.4% |
| Taxes | 450/3 | €19,746 | €22,456 | +€2,710 | +13.7% |
| Remuneration and social security | 454/9 | €23,353 | €33,740 | +€10,387 | +44.5% |
| Other amounts payable | 47/48 | €12,723 | €6,893 | -€5,830 | -45.8% |
| Remuneration, social security and pensions | 62 | €113,525 | €177,495 | +€63,970 | +56.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,674 | €13,016 | -€3,658 | -21.9% |
| Other operating charges | 640/8 | €6,408 | €4,360 | -€2,048 | -32.0% |
| Gross operating margin | 9900 | €152,974 | €204,217 | +€51,243 | +33.5% |
| Operating profit (loss) | 9901 | €16,367 | €9,346 | -€7,022 | -42.9% |
| Financial income | 75/76B | €102 | €0 | -€102 | -100.0% |
| Recurring financial income | 75 | €102 | €0 | -€102 | -100.0% |
| Financial charges | 65/66B | €1,244 | €1,350 | +€106 | +8.5% |
| Recurring financial charges | 65 | €1,244 | €1,350 | +€106 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | €15,225 | €7,996 | -€7,229 | -47.5% |
| Income taxes | 67/77 | €7,980 | €5,456 | -€2,525 | -31.6% |
| Profit (loss) for the period | 9904 | €7,245 | €2,540 | -€4,705 | -64.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,245 | €2,540 | -€4,705 | -64.9% |
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 24 October 2026 via checked.be.