NUI: 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.
NUI
Largest movements
- Receivables within one year -€8,229
down €8,229 (-96.1%), from €8,567 to €338
of which Trade receivables: -€7,426
- Cash -€5,963
down €5,963 (-18.1%), from €32,933 to €26,970
mainly Contributions, distributions and other (-€25,175) and Debts after one year (-€4,614)
- Reserves -€8,663
down €8,663 (-34.4%), from €25,175 to €16,512
- Debts after one year -€4,614
down €4,614 (-4.4%), from €105,755 to €101,142
- Tax, wage and social debts -€2,168
down €2,168 (-61.4%), from €3,529 to €1,361
of which Taxes: -€2,168
- Gross operating margin +€4,823
up €4,823 (+18.2%), from €26,509 to €31,332
- Depreciation +€1,194
up €1,194 (+29.5%), from €4,051 to €5,245
- Taxes +€474
up €474 (+11.2%), from €4,212 to €4,685
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 | €170,836 | €157,091 | -€13,745 | -8.0% |
| Fixed assets | 21/28 | €128,179 | €127,008 | -€1,171 | -0.9% |
| Tangible fixed assets | 22/27 | €128,179 | €127,008 | -€1,171 | -0.9% |
| Land and buildings | 22 | €122,372 | €122,556 | +€184 | +0.2% |
| Plant, machinery and equipment | 23 | €1,348 | €740 | -€608 | -45.1% |
| Furniture and vehicles | 24 | €1,717 | €1,366 | -€351 | -20.4% |
| Other tangible fixed assets | 26 | €2,741 | €2,346 | -€395 | -14.4% |
| Current assets | 29/58 | €42,657 | €30,083 | -€12,575 | -29.5% |
| Amounts receivable within one year | 40/41 | €8,567 | €338 | -€8,229 | -96.1% |
| Trade receivables | 40 | €7,449 | €23 | -€7,426 | -99.7% |
| Other amounts receivable | 41 | €1,118 | €315 | -€803 | -71.9% |
| Cash at bank and in hand | 54/58 | €32,933 | €26,970 | -€5,963 | -18.1% |
| Deferred charges and accrued income | 490/1 | €1,158 | €2,775 | +€1,617 | +139.7% |
| Total equity and liabilities | 10/49 | €170,836 | €157,091 | -€13,745 | -8.0% |
| Equity | 10/15 | €35,175 | €26,512 | -€8,663 | -24.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €25,175 | €16,512 | -€8,663 | -34.4% |
| Distributable reserves | 133 | €25,175 | €16,512 | -€8,663 | -34.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €135,661 | €130,579 | -€5,082 | -3.7% |
| Amounts payable after more than one year | 17 | €105,755 | €101,142 | -€4,614 | -4.4% |
| Financial debts | 170/4 | €105,755 | €101,142 | -€4,614 | -4.4% |
| Amounts payable within one year | 42/48 | €29,254 | €28,794 | -€460 | -1.6% |
| Current portion of amounts payable after more than one year | 42 | €4,478 | €4,614 | +€136 | +3.0% |
| Trade debts | 44 | €479 | €773 | +€294 | +61.5% |
| Suppliers | 440/4 | €479 | €773 | +€294 | +61.5% |
| Taxes, remuneration and social security | 45 | €3,529 | €1,361 | -€2,168 | -61.4% |
| Taxes | 450/3 | €3,529 | €1,361 | -€2,168 | -61.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €20,767 | €22,046 | +€1,278 | +6.2% |
| Accrued charges and deferred income | 492/3 | €652 | €644 | -€8 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,051 | €5,245 | +€1,194 | +29.5% |
| Other operating charges | 640/8 | €1,309 | €1,428 | +€119 | +9.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €26,509 | €31,332 | +€4,823 | +18.2% |
| Operating profit (loss) | 9901 | €21,149 | €24,658 | +€3,510 | +16.6% |
| Financial charges | 65/66B | €3,644 | €3,461 | -€183 | -5.0% |
| Recurring financial charges | 65 | €3,644 | €3,461 | -€183 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €17,505 | €21,198 | +€3,693 | +21.1% |
| Income taxes | 67/77 | €4,212 | €4,685 | +€474 | +11.2% |
| Profit (loss) for the period | 9904 | €13,293 | €16,512 | +€3,219 | +24.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,293 | €16,512 | +€3,219 | +24.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.