NUPPU: 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.
NUPPU
Largest movements
- Cash -€13,690
down €13,690 (-36.5%), from €37,455 to €23,766
mainly Contributions, distributions and other (-€21,000) and Receivables within one year (-€3,462)
- Receivables within one year +€3,462
up €3,462 (+29.7%), from €11,638 to €15,100
of which Trade receivables: +€3,438
- Tangible fixed assets -€2,553
down €2,553 (-23.2%), from €10,996 to €8,443
of which Other tangible fixed assets: -€3,202
- Reserves -€10,933
down €10,933 (-51.1%), from €21,384 to €10,451
- Tax, wage and social debts +€3,782
up €3,782 (+41.5%), from €9,110 to €12,891
- Trade debts -€2,924
down €2,924 (-54.7%), from €5,344 to €2,420
- Other debts -€2,755
down €2,755 (-45.1%), from €6,104 to €3,350
- Financial charges -€3,543
down €3,543 (-93.5%), from €3,787 to €245
- Taxes +€1,495
up €1,495 (+59.1%), from €2,528 to €4,023
- Gross operating margin +€738
up €738 (+4.1%), from €18,029 to €18,767
- Depreciation -€399
down €399 (-10.3%), from €3,860 to €3,461
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 | €60,542 | €47,712 | -€12,830 | -21.2% |
| Fixed assets | 21/28 | €10,996 | €8,443 | -€2,553 | -23.2% |
| Tangible fixed assets | 22/27 | €10,996 | €8,443 | -€2,553 | -23.2% |
| Furniture and vehicles | 24 | €212 | €861 | +€649 | +307.1% |
| Other tangible fixed assets | 26 | €10,785 | €7,582 | -€3,202 | -29.7% |
| Current assets | 29/58 | €49,546 | €39,269 | -€10,277 | -20.7% |
| Amounts receivable within one year | 40/41 | €11,638 | €15,100 | +€3,462 | +29.7% |
| Trade receivables | 40 | €9,166 | €12,604 | +€3,438 | +37.5% |
| Other amounts receivable | 41 | €2,472 | €2,496 | +€24 | +1.0% |
| Cash at bank and in hand | 54/58 | €37,455 | €23,766 | -€13,690 | -36.5% |
| Deferred charges and accrued income | 490/1 | €453 | €403 | -€50 | -11.0% |
| Total equity and liabilities | 10/49 | €60,542 | €47,712 | -€12,830 | -21.2% |
| Equity | 10/15 | €39,984 | €29,051 | -€10,933 | -27.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,384 | €10,451 | -€10,933 | -51.1% |
| Distributable reserves | 133 | €21,384 | €10,451 | -€10,933 | -51.1% |
| Amounts payable | 17/49 | €20,558 | €18,661 | -€1,897 | -9.2% |
| Amounts payable within one year | 42/48 | €20,558 | €18,661 | -€1,897 | -9.2% |
| Trade debts | 44 | €5,344 | €2,420 | -€2,924 | -54.7% |
| Suppliers | 440/4 | €5,344 | €2,420 | -€2,924 | -54.7% |
| Taxes, remuneration and social security | 45 | €9,110 | €12,891 | +€3,782 | +41.5% |
| Taxes | 450/3 | €9,110 | €12,891 | +€3,782 | +41.5% |
| Other amounts payable | 47/48 | €6,104 | €3,350 | -€2,755 | -45.1% |
| Non-recurring operating income | 76A | €4,500 | - | -€4,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,860 | €3,461 | -€399 | -10.3% |
| Other operating charges | 640/8 | €880 | €973 | +€93 | +10.5% |
| Gross operating margin | 9900 | €18,029 | €18,767 | +€738 | +4.1% |
| Operating profit (loss) | 9901 | €13,289 | €14,333 | +€1,044 | +7.9% |
| Financial income | 75/76B | €28 | €1 | -€27 | -95.0% |
| Recurring financial income | 75 | €28 | €1 | -€27 | -95.0% |
| Financial charges | 65/66B | €3,787 | €245 | -€3,543 | -93.5% |
| Recurring financial charges | 65 | €3,787 | €245 | -€3,543 | -93.5% |
| Profit (loss) for the period before taxes | 9903 | €9,530 | €14,090 | +€4,560 | +47.8% |
| Income taxes | 67/77 | €2,528 | €4,023 | +€1,495 | +59.1% |
| Profit (loss) for the period | 9904 | €7,002 | €10,067 | +€3,065 | +43.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,002 | €10,067 | +€3,065 | +43.8% |
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 3 October 2026 via checked.be.