NUR 93: 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.
NUR 93
Largest movements
- Receivables within one year -€74,265
down €74,265 (-66.5%), from €111,632 to €37,367
of which Other amounts receivable: -€61,751
- Cash +€39,645
up €39,645 (+597%), from €6,636 to €46,281
mainly Receivables within one year (+€74,265) and Trade debts (+€40,626)
- Tangible fixed assets +€15,986
up €15,986 (+39.1%), from €40,893 to €56,880
- Trade debts +€40,626
up €40,626 (+50.2%), from €80,995 to €121,622
- Accrued charges and deferred income -€33,631
no longer reported in 2025 (was €33,631)
- Profit (loss) carried forward -€20,079
down €20,079 (-92.4%), from -€21,732 to -€41,811
- Debts after one year -€11,231
down €11,231 (-38.4%), from €29,216 to €17,985
- Tax, wage and social debts +€5,040
up €5,040 (+19.4%), from €26,002 to €31,042
of which Remuneration and social security: +€5,473
- Other operating charges -€55,226
no longer reported in 2025 (was €55,226)
- Staff costs +€50,382
up €50,382 (+75.2%), from €67,007 to €117,389
- Gross operating margin -€39,558
down €39,558 (-26.7%), from €148,292 to €108,734
- Depreciation -€6,719
down €6,719 (-42.7%), from €15,733 to €9,014
- Taxes -€3,009
no longer reported in 2025 (was €3,009)
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 | €179,232 | €160,528 | -€18,704 | -10.4% |
| Fixed assets | 21/28 | €60,893 | €76,880 | +€15,986 | +26.3% |
| Tangible fixed assets | 22/27 | €40,893 | €56,880 | +€15,986 | +39.1% |
| Furniture and vehicles | 24 | €40,893 | €56,880 | +€15,986 | +39.1% |
| Financial fixed assets | 28 | €20,000 | €20,000 | = | 0.0% |
| Current assets | 29/58 | €118,338 | €83,648 | -€34,690 | -29.3% |
| Amounts receivable within one year | 40/41 | €111,632 | €37,367 | -€74,265 | -66.5% |
| Trade receivables | 40 | €35,129 | €22,616 | -€12,514 | -35.6% |
| Other amounts receivable | 41 | €76,502 | €14,751 | -€61,751 | -80.7% |
| Current investments | 50/53 | €70 | - | -€70 | |
| Cash at bank and in hand | 54/58 | €6,636 | €46,281 | +€39,645 | +597% |
| Total equity and liabilities | 10/49 | €179,232 | €160,528 | -€18,704 | -10.4% |
| Equity | 10/15 | -€1,272 | -€21,351 | -€20,079 | -1,578% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,732 | -€41,811 | -€20,079 | -92.4% |
| Amounts payable | 17/49 | €180,504 | €181,879 | +€1,375 | +0.8% |
| Amounts payable after more than one year | 17 | €29,216 | €17,985 | -€11,231 | -38.4% |
| Financial debts | 170/4 | €29,216 | €17,985 | -€11,231 | -38.4% |
| Amounts payable within one year | 42/48 | €117,657 | €163,894 | +€46,238 | +39.3% |
| Current portion of amounts payable after more than one year | 42 | €10,660 | €11,231 | +€571 | +5.4% |
| Trade debts | 44 | €80,995 | €121,622 | +€40,626 | +50.2% |
| Suppliers | 440/4 | €80,995 | €121,622 | +€40,626 | +50.2% |
| Taxes, remuneration and social security | 45 | €26,002 | €31,042 | +€5,040 | +19.4% |
| Taxes | 450/3 | €7,991 | €7,558 | -€433 | -5.4% |
| Remuneration and social security | 454/9 | €18,010 | €23,483 | +€5,473 | +30.4% |
| Accrued charges and deferred income | 492/3 | €33,631 | - | -€33,631 | |
| Remuneration, social security and pensions | 62 | €67,007 | €117,389 | +€50,382 | +75.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,733 | €9,014 | -€6,719 | -42.7% |
| Other operating charges | 640/8 | €55,226 | - | -€55,226 | |
| Gross operating margin | 9900 | €148,292 | €108,734 | -€39,558 | -26.7% |
| Operating profit (loss) | 9901 | €10,326 | -€17,669 | -€27,995 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,668 | €2,410 | +€743 | +44.5% |
| Recurring financial charges | 65 | €1,668 | €2,410 | +€743 | +44.5% |
| Profit (loss) for the period before taxes | 9903 | €8,659 | -€20,079 | -€28,738 | |
| Income taxes | 67/77 | €3,009 | - | -€3,009 | |
| Profit (loss) for the period | 9904 | €5,649 | -€20,079 | -€25,729 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,649 | -€20,079 | -€25,729 |
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 21 October 2026 via checked.be.