NUPHAR TECH: 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.
NUPHAR TECH
Largest movements
- Receivables within one year +€7,113
up €7,113 (+78.9%), from €9,018 to €16,132
of which Trade receivables: +€7,111
- Stocks and contracts -€5,000
down €5,000 (-100.0%), from €5,000 to €0
- Cash -€2,774
down €2,774 (-42.4%), from €6,545 to €3,771
mainly Net result for the year (-€12,121) and Receivables within one year (-€7,113)
- Profit (loss) carried forward -€12,121
down €12,121 (-4.3%), from -€284,355 to -€296,475
- Trade debts +€5,228
up €5,228 (+1302.2%), from €401 to €5,629
- Other debts +€4,000
up €4,000 (+1.8%), from €223,939 to €227,939
- Advances received +€3,215
new in 2025: €3,215
- Tax, wage and social debts -€982
down €982 (-100.0%), from €982 to €0
- Write-downs -€41,200
down €41,200, from €0 to -€41,200
- Gross operating margin -€40,256
down €40,256 (-313.8%), from -€12,829 to -€53,085
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 | €20,968 | €20,308 | -€661 | -3.2% |
| Current assets | 29/58 | €20,968 | €20,308 | -€661 | -3.2% |
| Stocks and contracts in progress | 3 | €5,000 | €0 | -€5,000 | -100.0% |
| Stocks | 30/36 | €5,000 | €0 | -€5,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €9,018 | €16,132 | +€7,113 | +78.9% |
| Trade receivables | 40 | €3,744 | €10,855 | +€7,111 | +189.9% |
| Other amounts receivable | 41 | €5,275 | €5,277 | +€2 | 0.0% |
| Cash at bank and in hand | 54/58 | €6,545 | €3,771 | -€2,774 | -42.4% |
| Deferred charges and accrued income | 490/1 | €405 | €405 | = | 0.0% |
| Total equity and liabilities | 10/49 | €20,968 | €20,308 | -€661 | -3.2% |
| Equity | 10/15 | -€204,355 | -€216,475 | -€12,121 | -5.9% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€284,355 | -€296,475 | -€12,121 | -4.3% |
| Amounts payable | 17/49 | €225,323 | €236,783 | +€11,460 | +5.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €225,323 | €236,783 | +€11,460 | +5.1% |
| Trade debts | 44 | €401 | €5,629 | +€5,228 | +1302.2% |
| Suppliers | 440/4 | €401 | €5,629 | +€5,228 | +1302.2% |
| Advances received on contracts in progress | 46 | - | €3,215 | +€3,215 | |
| Taxes, remuneration and social security | 45 | €982 | €0 | -€982 | -100.0% |
| Taxes | 450/3 | €982 | €0 | -€982 | -100.0% |
| Other amounts payable | 47/48 | €223,939 | €227,939 | +€4,000 | +1.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | -€41,200 | -€41,200 | |
| Other operating charges | 640/8 | €206 | €190 | -€16 | -7.8% |
| Gross operating margin | 9900 | -€12,829 | -€53,085 | -€40,256 | -313.8% |
| Operating profit (loss) | 9901 | -€13,035 | -€12,075 | +€960 | +7.4% |
| Financial income | 75/76B | €0 | €91 | +€91 | |
| Recurring financial income | 75 | €0 | €91 | +€91 | |
| Financial charges | 65/66B | €526 | €137 | -€389 | -73.9% |
| Recurring financial charges | 65 | €526 | €137 | -€389 | -73.9% |
| Profit (loss) for the period before taxes | 9903 | -€13,561 | -€12,121 | +€1,440 | +10.6% |
| Profit (loss) for the period | 9904 | -€13,561 | -€12,121 | +€1,440 | +10.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,561 | -€12,121 | +€1,440 | +10.6% |
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 4 October 2026 via checked.be.