Nulogix: 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.
Nulogix
Largest movements
- Tangible fixed assets +€299,577
up €299,577 (+11,677%), from €2,565 to €302,142
of which Land and buildings: +€301,401
- Cash -€35,801
down €35,801 (-23.0%), from €155,340 to €119,539
mainly Investment in fixed assets (net) (-€304,000) and Tax, wage and social debts (-€16,375)
- Receivables within one year +€8,073
up €8,073 (+61.8%), from €13,068 to €21,141
of which Other amounts receivable: +€8,121
- Debts after one year +€198,000
new in 2025: €198,000
- Other debts +€90,220
up €90,220 (+1,304%), from €6,920 to €97,141
- Tax, wage and social debts -€16,375
down €16,375 (-67.1%), from €24,419 to €8,044
- Other operating charges +€36,527
up €36,527 (+2,806%), from €1,302 to €37,828
- Taxes -€15,128
down €15,128 (-94.5%), from €16,008 to €879
- Gross operating margin -€10,172
down €10,172 (-16.5%), from €61,516 to €51,345
- Financial charges +€5,665
up €5,665 (+221%), from €2,567 to €8,233
- Depreciation +€2,331
up €2,331 (+111%), from €2,092 to €4,423
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 | €170,973 | €443,338 | +€272,364 | +159% |
| Fixed assets | 21/28 | €2,565 | €302,142 | +€299,577 | +11,677% |
| Tangible fixed assets | 22/27 | €2,565 | €302,142 | +€299,577 | +11,677% |
| Land and buildings | 22 | - | €301,401 | +€301,401 | |
| Furniture and vehicles | 24 | €2,565 | €741 | -€1,825 | -71.1% |
| Current assets | 29/58 | €168,408 | €141,196 | -€27,212 | -16.2% |
| Amounts receivable within one year | 40/41 | €13,068 | €21,141 | +€8,073 | +61.8% |
| Trade receivables | 40 | €13,068 | €13,020 | -€48 | -0.4% |
| Other amounts receivable | 41 | - | €8,121 | +€8,121 | |
| Cash at bank and in hand | 54/58 | €155,340 | €119,539 | -€35,801 | -23.0% |
| Deferred charges and accrued income | 490/1 | - | €516 | +€516 | |
| Total equity and liabilities | 10/49 | €170,973 | €443,338 | +€272,364 | +159% |
| Equity | 10/15 | €138,490 | €138,470 | -€19 | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €133,390 | €133,390 | = | 0.0% |
| Distributable reserves | 133 | €133,390 | €133,390 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100 | €80 | -€19 | -19.4% |
| Amounts payable | 17/49 | €32,484 | €304,867 | +€272,384 | +839% |
| Amounts payable after more than one year | 17 | - | €198,000 | +€198,000 | |
| Financial debts | 170/4 | - | €198,000 | +€198,000 | |
| Amounts payable within one year | 42/48 | €32,484 | €106,867 | +€74,384 | +229% |
| Trade debts | 44 | €1,145 | €1,683 | +€538 | +47.0% |
| Suppliers | 440/4 | €1,145 | €1,683 | +€538 | +47.0% |
| Taxes, remuneration and social security | 45 | €24,419 | €8,044 | -€16,375 | -67.1% |
| Taxes | 450/3 | €24,419 | €8,044 | -€16,375 | -67.1% |
| Other amounts payable | 47/48 | €6,920 | €97,141 | +€90,220 | +1,304% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,092 | €4,423 | +€2,331 | +111% |
| Other operating charges | 640/8 | €1,302 | €37,828 | +€36,527 | +2,806% |
| Gross operating margin | 9900 | €61,516 | €51,345 | -€10,172 | -16.5% |
| Operating profit (loss) | 9901 | €58,122 | €9,093 | -€49,030 | -84.4% |
| Financial income | 75/76B | €658 | - | -€658 | |
| Recurring financial income | 75 | €658 | - | -€658 | |
| Financial charges | 65/66B | €2,567 | €8,233 | +€5,665 | +221% |
| Recurring financial charges | 65 | €2,567 | €8,233 | +€5,665 | +221% |
| Profit (loss) for the period before taxes | 9903 | €56,213 | €860 | -€55,353 | -98.5% |
| Income taxes | 67/77 | €16,008 | €879 | -€15,128 | -94.5% |
| Profit (loss) for the period | 9904 | €40,205 | -€19 | -€40,225 | |
| Profit (loss) for the period to be appropriated | 9905 | €40,205 | -€19 | -€40,225 |
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 17 October 2026 via checked.be.