NUKIFIN: 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.
NUKIFIN
Largest movements
- Tangible fixed assets -€284,495
down €284,495 (-98.3%), from €289,383 to €4,888
of which Land and buildings: -€278,199
- Receivables within one year +€171,676
up €171,676 (+380%), from €45,188 to €216,864
of which Other amounts receivable: +€154,866
- Cash -€27,949
down €27,949 (-54.8%), from €50,980 to €23,030
mainly Debts after one year (-€211,197) and Receivables within one year (-€171,676)
- Financial fixed assets +€5,000
new in 2025: €5,000
- Debts after one year -€211,197
down €211,197 (-87.8%), from €240,511 to €29,315
of which Financial debts: -€211,197
- Reserves +€74,971
up €74,971 (+68.7%), from €109,148 to €184,119
- Short-term financial debts +€20,000
new in 2025: €20,000
- Tax, wage and social debts -€15,421
down €15,421 (-46.6%), from €33,065 to €17,644
of which Taxes: -€15,421
- Current portion of long-term debt -€8,193
down €8,193 (-31.0%), from €26,456 to €18,263
- Gross operating margin +€13,401
up €13,401 (+14.0%), from €95,888 to €109,289
- Depreciation -€9,304
down €9,304 (-91.2%), from €10,200 to €896
- Taxes +€4,745
up €4,745 (+31.6%), from €15,000 to €19,745
- Financial charges +€2,052
up €2,052 (+18.0%), from €11,391 to €13,442
- Financial income +€1,454
up €1,454 (+183%), from €793 to €2,247
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 | €421,740 | €284,950 | -€136,791 | -32.4% |
| Fixed assets | 21/28 | €289,383 | €9,888 | -€279,495 | -96.6% |
| Tangible fixed assets | 22/27 | €289,383 | €4,888 | -€284,495 | -98.3% |
| Land and buildings | 22 | €278,199 | €0 | -€278,199 | -100% |
| Plant, machinery and equipment | 23 | €5,784 | €4,888 | -€896 | -15.5% |
| Assets under construction and advance payments | 27 | €5,400 | €0 | -€5,400 | -100% |
| Financial fixed assets | 28 | - | €5,000 | +€5,000 | |
| Current assets | 29/58 | €132,357 | €275,062 | +€142,704 | +108% |
| Stocks and contracts in progress | 3 | €34,373 | €34,098 | -€276 | -0.8% |
| Stocks | 30/36 | €34,373 | €34,098 | -€276 | -0.8% |
| Amounts receivable within one year | 40/41 | €45,188 | €216,864 | +€171,676 | +380% |
| Trade receivables | 40 | €19,013 | €35,823 | +€16,810 | +88.4% |
| Other amounts receivable | 41 | €26,175 | €181,041 | +€154,866 | +592% |
| Cash at bank and in hand | 54/58 | €50,980 | €23,030 | -€27,949 | -54.8% |
| Deferred charges and accrued income | 490/1 | €1,817 | €1,070 | -€747 | -41.1% |
| Total equity and liabilities | 10/49 | €421,740 | €284,950 | -€136,791 | -32.4% |
| Equity | 10/15 | €114,148 | €189,119 | +€74,971 | +65.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €109,148 | €184,119 | +€74,971 | +68.7% |
| Distributable reserves | 133 | €109,148 | €184,119 | +€74,971 | +68.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €307,593 | €95,830 | -€211,762 | -68.8% |
| Amounts payable after more than one year | 17 | €240,511 | €29,315 | -€211,197 | -87.8% |
| Financial debts | 170/4 | €240,511 | €29,315 | -€211,197 | -87.8% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €66,581 | €66,384 | -€198 | -0.3% |
| Current portion of amounts payable after more than one year | 42 | €26,456 | €18,263 | -€8,193 | -31.0% |
| Financial debts | 43 | - | €20,000 | +€20,000 | |
| Credit institutions | 430/8 | - | €20,000 | +€20,000 | |
| Trade debts | 44 | €7,060 | €9,055 | +€1,994 | +28.2% |
| Suppliers | 440/4 | €7,060 | €9,055 | +€1,994 | +28.2% |
| Taxes, remuneration and social security | 45 | €33,065 | €17,644 | -€15,421 | -46.6% |
| Taxes | 450/3 | €31,516 | €16,095 | -€15,421 | -48.9% |
| Remuneration and social security | 454/9 | €1,549 | €1,549 | = | 0.0% |
| Other amounts payable | 47/48 | €0 | €1,422 | +€1,422 | |
| Accrued charges and deferred income | 492/3 | €500 | €132 | -€368 | -73.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,200 | €896 | -€9,304 | -91.2% |
| Other operating charges | 640/8 | €1,480 | €2,482 | +€1,002 | +67.7% |
| Gross operating margin | 9900 | €95,888 | €109,289 | +€13,401 | +14.0% |
| Operating profit (loss) | 9901 | €84,208 | €105,912 | +€21,704 | +25.8% |
| Financial income | 75/76B | €793 | €2,247 | +€1,454 | +183% |
| Recurring financial income | 75 | €793 | €2,247 | +€1,454 | +183% |
| Financial charges | 65/66B | €11,391 | €13,442 | +€2,052 | +18.0% |
| Recurring financial charges | 65 | €11,391 | €13,442 | +€2,052 | +18.0% |
| Profit (loss) for the period before taxes | 9903 | €73,610 | €94,716 | +€21,106 | +28.7% |
| Income taxes | 67/77 | €15,000 | €19,745 | +€4,745 | +31.6% |
| Profit (loss) for the period | 9904 | €58,610 | €74,971 | +€16,361 | +27.9% |
| Profit (loss) for the period to be appropriated | 9905 | €58,610 | €74,971 | +€16,361 | +27.9% |
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 23 October 2026 via checked.be.