NUHAT: 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.
NUHAT
Largest movements
- Cash +€25,299
up €25,299 (+25.0%), from €101,384 to €126,683
mainly Net result for the year (+€28,789) and Receivables within one year (+€17,847)
- Tangible fixed assets +€21,659
up €21,659 (+49.8%), from €43,519 to €65,178
of which Furniture and vehicles: +€20,488
- Receivables within one year -€17,847
down €17,847 (-74.2%), from €24,067 to €6,221
of which Trade receivables: -€15,506
- Profit (loss) carried forward +€28,789
up €28,789 (+23.8%), from €121,125 to €149,913
- Trade debts +€3,846
up €3,846, from €0 to €3,846
- Tax, wage and social debts -€2,067
down €2,067 (-5.5%), from €37,571 to €35,504
of which Taxes: -€2,454
- Gross operating margin -€28,317
down €28,317 (-23.2%), from €122,078 to €93,762
- Staff costs -€25,622
down €25,622 (-41.4%), from €61,905 to €36,283
- Turnover -€14,563
down €14,563 (-3.9%), from €375,274 to €360,711
- Depreciation +€14,492
up €14,492 (+478.4%), from €3,029 to €17,522
- Purchases and services +€8,250
up €8,250 (+3.0%), from €272,704 to €280,953
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 | €169,964 | €200,583 | +€30,618 | +18.0% |
| Fixed assets | 21/28 | €43,519 | €65,178 | +€21,659 | +49.8% |
| Tangible fixed assets | 22/27 | €43,519 | €65,178 | +€21,659 | +49.8% |
| Plant, machinery and equipment | 23 | €41,099 | €42,270 | +€1,171 | +2.9% |
| Furniture and vehicles | 24 | €2,421 | €22,908 | +€20,488 | +846.4% |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Current assets | 29/58 | €126,445 | €135,404 | +€8,959 | +7.1% |
| Stocks and contracts in progress | 3 | €709 | €928 | +€219 | +30.9% |
| Stocks | 30/36 | €709 | €928 | +€219 | +30.9% |
| Amounts receivable within one year | 40/41 | €24,067 | €6,221 | -€17,847 | -74.2% |
| Trade receivables | 40 | €21,543 | €6,037 | -€15,506 | -72.0% |
| Other amounts receivable | 41 | €2,524 | €184 | -€2,340 | -92.7% |
| Cash at bank and in hand | 54/58 | €101,384 | €126,683 | +€25,299 | +25.0% |
| Deferred charges and accrued income | 490/1 | €285 | €1,573 | +€1,288 | +452.7% |
| Total equity and liabilities | 10/49 | €169,964 | €200,583 | +€30,618 | +18.0% |
| Equity | 10/15 | €128,789 | €157,577 | +€28,789 | +22.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,464 | €1,464 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,464 | €1,464 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,464 | €1,464 | = | 0.0% |
| Profit (loss) carried forward | 14 | €121,125 | €149,913 | +€28,789 | +23.8% |
| Amounts payable | 17/49 | €41,176 | €43,005 | +€1,830 | +4.4% |
| Amounts payable within one year | 42/48 | €40,951 | €43,005 | +€2,054 | +5.0% |
| Trade debts | 44 | €0 | €3,846 | +€3,846 | |
| Suppliers | 440/4 | - | €3,846 | +€3,846 | |
| Taxes, remuneration and social security | 45 | €37,571 | €35,504 | -€2,067 | -5.5% |
| Taxes | 450/3 | €26,488 | €24,035 | -€2,454 | -9.3% |
| Remuneration and social security | 454/9 | €11,083 | €11,469 | +€386 | +3.5% |
| Other amounts payable | 47/48 | €3,380 | €3,655 | +€275 | +8.1% |
| Accrued charges and deferred income | 492/3 | €225 | €0 | -€225 | -100.0% |
| Turnover | 70 | €375,274 | €360,711 | -€14,563 | -3.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €272,704 | €280,953 | +€8,250 | +3.0% |
| Remuneration, social security and pensions | 62 | €61,905 | €36,283 | -€25,622 | -41.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,029 | €17,522 | +€14,492 | +478.4% |
| Other operating charges | 640/8 | €868 | €0 | -€868 | -100.0% |
| Gross operating margin | 9900 | €122,078 | €93,762 | -€28,317 | -23.2% |
| Operating profit (loss) | 9901 | €56,276 | €39,957 | -€16,319 | -29.0% |
| Financial income | 75/76B | €19 | €0 | -€19 | -98.5% |
| Recurring financial income | 75 | €19 | €0 | -€19 | -98.5% |
| Financial charges | 65/66B | €72 | €73 | +€1 | +1.1% |
| Recurring financial charges | 65 | €72 | €73 | +€1 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €56,223 | €39,885 | -€16,338 | -29.1% |
| Income taxes | 67/77 | €13,441 | €11,096 | -€2,345 | -17.4% |
| Profit (loss) for the period | 9904 | €42,782 | €28,789 | -€13,993 | -32.7% |
| Profit (loss) for the period to be appropriated | 9905 | €42,782 | €28,789 | -€13,993 | -32.7% |
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 1 October 2026 via checked.be.