NUPKIES: 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.
NUPKIES
Largest movements
- Cash +€189,738
up €189,738 (+4378.6%), from €4,333 to €194,071
mainly Net result for the year (+€676,857) and Other debts (+€322,165)
- Receivables within one year +€176,069
up €176,069 (+230.2%), from €76,476 to €252,545
of which Other amounts receivable: +€207,840
- Tangible fixed assets +€44,210
up €44,210 (+2.9%), from €1.5m to €1.6m
of which Other tangible fixed assets: +€104,260
- Other debts +€322,165
up €322,165 (+156.8%), from €205,401 to €527,566
- Debts after one year -€112,500
down €112,500 (-8.9%), from €1.3m to €1.1m
- Profit (loss) carried forward +€100,000
new in 2025: €100,000
- Trade debts +€67,058
up €67,058 (+2225.3%), from €3,013 to €70,071
- Tax, wage and social debts +€35,107
up €35,107 (+62.5%), from €56,164 to €91,272
of which Remuneration and social security: +€56,300
- Gross operating margin +€482,171
up €482,171 (+115.2%), from €418,505 to €900,676
- Depreciation -€68,077
down €68,077 (-51.1%), from €133,217 to €65,140
- Taxes +€64,098
up €64,098 (+93.6%), from €68,498 to €132,596
- Financial charges +€20,290
up €20,290 (+194.9%), from €10,409 to €30,699
- Other operating charges -€9,756
down €9,756 (-98.3%), from €9,921 to €165
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 | €1,670,825 | €2,082,655 | +€411,830 | +24.6% |
| Fixed assets | 21/28 | €1,589,795 | €1,634,005 | +€44,210 | +2.8% |
| Tangible fixed assets | 22/27 | €1,514,795 | €1,559,005 | +€44,210 | +2.9% |
| Land and buildings | 22 | €1,514,795 | €1,454,745 | -€60,050 | -4.0% |
| Other tangible fixed assets | 26 | - | €104,260 | +€104,260 | |
| Financial fixed assets | 28 | €75,000 | €75,000 | = | 0.0% |
| Current assets | 29/58 | €81,030 | €448,650 | +€367,620 | +453.7% |
| Amounts receivable within one year | 40/41 | €76,476 | €252,545 | +€176,069 | +230.2% |
| Trade receivables | 40 | €38,946 | €7,175 | -€31,771 | -81.6% |
| Other amounts receivable | 41 | €37,530 | €245,370 | +€207,840 | +553.8% |
| Cash at bank and in hand | 54/58 | €4,333 | €194,071 | +€189,738 | +4378.6% |
| Deferred charges and accrued income | 490/1 | €220 | €2,034 | +€1,814 | +824.5% |
| Total equity and liabilities | 10/49 | €1,670,825 | €2,082,655 | +€411,830 | +24.6% |
| Equity | 10/15 | €35,413 | €135,413 | +€100,000 | +282.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €10,413 | €10,413 | = | 0.0% |
| Distributable reserves | 133 | €10,413 | €10,413 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €100,000 | +€100,000 | |
| Amounts payable | 17/49 | €1,635,412 | €1,947,242 | +€311,830 | +19.1% |
| Amounts payable after more than one year | 17 | €1,258,333 | €1,145,833 | -€112,500 | -8.9% |
| Financial debts | 170/4 | €1,258,333 | €1,145,833 | -€112,500 | -8.9% |
| Amounts payable within one year | 42/48 | €377,079 | €801,408 | +€424,330 | +112.5% |
| Current portion of amounts payable after more than one year | 42 | €112,500 | €112,500 | = | 0.0% |
| Trade debts | 44 | €3,013 | €70,071 | +€67,058 | +2225.3% |
| Suppliers | 440/4 | €3,013 | €70,071 | +€67,058 | +2225.3% |
| Taxes, remuneration and social security | 45 | €56,164 | €91,272 | +€35,107 | +62.5% |
| Taxes | 450/3 | €25,059 | €3,866 | -€21,193 | -84.6% |
| Remuneration and social security | 454/9 | €31,106 | €87,405 | +€56,300 | +181.0% |
| Other amounts payable | 47/48 | €205,401 | €527,566 | +€322,165 | +156.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €133,217 | €65,140 | -€68,077 | -51.1% |
| Other operating charges | 640/8 | €9,921 | €165 | -€9,756 | -98.3% |
| Gross operating margin | 9900 | €418,505 | €900,676 | +€482,171 | +115.2% |
| Operating profit (loss) | 9901 | €275,367 | €835,371 | +€560,004 | +203.4% |
| Financial income | 75/76B | €3,711 | €4,781 | +€1,070 | +28.8% |
| Recurring financial income | 75 | €3,711 | €4,781 | +€1,070 | +28.8% |
| Financial charges | 65/66B | €10,409 | €30,699 | +€20,290 | +194.9% |
| Recurring financial charges | 65 | €10,409 | €30,699 | +€20,290 | +194.9% |
| Profit (loss) for the period before taxes | 9903 | €268,669 | €809,453 | +€540,784 | +201.3% |
| Income taxes | 67/77 | €68,498 | €132,596 | +€64,098 | +93.6% |
| Profit (loss) for the period | 9904 | €200,171 | €676,857 | +€476,686 | +238.1% |
| Profit (loss) for the period to be appropriated | 9905 | €200,171 | €676,857 | +€476,686 | +238.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.