NUS: 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.
NUS
Largest movements
- Receivables within one year -€32,006
down €32,006 (-92.7%), from €34,529 to €2,523
- Cash -€14,771
down €14,771 (-63.4%), from €23,316 to €8,545
mainly Net result for the year (-€23,046) and Other debts (-€18,583)
- Tangible fixed assets -€7,765
down €7,765 (-21.8%), from €35,571 to €27,806
of which Furniture and vehicles: -€6,389
- Profit (loss) carried forward -€23,046
down €23,046, from €9,958 to -€13,087
- Other debts -€18,583
down €18,583 (-39.5%), from €47,012 to €28,429
- Tax, wage and social debts -€10,748
down €10,748 (-92.3%), from €11,641 to €892
- Debts after one year -€3,223
down €3,223 (-44.1%), from €7,316 to €4,093
- Trade debts +€1,013
up €1,013 (+136%), from €744 to €1,757
- Gross operating margin -€41,297
down €41,297, from €26,848 to -€14,450
- Financial charges -€1,736
down €1,736 (-85.0%), from €2,043 to €306
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 | €93,490 | €38,948 | -€54,542 | -58.3% |
| Fixed assets | 21/28 | €35,646 | €27,881 | -€7,765 | -21.8% |
| Tangible fixed assets | 22/27 | €35,571 | €27,806 | -€7,765 | -21.8% |
| Plant, machinery and equipment | 23 | €760 | €364 | -€397 | -52.2% |
| Furniture and vehicles | 24 | €31,875 | €25,485 | -€6,389 | -20.0% |
| Other tangible fixed assets | 26 | €2,936 | €1,957 | -€979 | -33.3% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €57,845 | €11,067 | -€46,777 | -80.9% |
| Amounts receivable within one year | 40/41 | €34,529 | €2,523 | -€32,006 | -92.7% |
| Trade receivables | 40 | €34,529 | €2,523 | -€32,006 | -92.7% |
| Cash at bank and in hand | 54/58 | €23,316 | €8,545 | -€14,771 | -63.4% |
| Total equity and liabilities | 10/49 | €93,490 | €38,948 | -€54,542 | -58.3% |
| Equity | 10/15 | €23,598 | €553 | -€23,046 | -97.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,240 | €1,240 | = | 0.0% |
| Distributable reserves | 133 | €1,240 | €1,240 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,958 | -€13,087 | -€23,046 | |
| Amounts payable | 17/49 | €69,892 | €38,396 | -€31,496 | -45.1% |
| Amounts payable after more than one year | 17 | €7,316 | €4,093 | -€3,223 | -44.1% |
| Financial debts | 170/4 | €7,316 | €4,093 | -€3,223 | -44.1% |
| Amounts payable within one year | 42/48 | €62,576 | €34,302 | -€28,273 | -45.2% |
| Current portion of amounts payable after more than one year | 42 | €3,178 | €3,223 | +€45 | +1.4% |
| Trade debts | 44 | €744 | €1,757 | +€1,013 | +136% |
| Suppliers | 440/4 | €744 | €1,757 | +€1,013 | +136% |
| Taxes, remuneration and social security | 45 | €11,641 | €892 | -€10,748 | -92.3% |
| Taxes | 450/3 | €11,641 | €892 | -€10,748 | -92.3% |
| Other amounts payable | 47/48 | €47,012 | €28,429 | -€18,583 | -39.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,788 | €7,765 | -€24 | -0.3% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €26,848 | -€14,450 | -€41,297 | |
| Operating profit (loss) | 9901 | €18,546 | -€22,742 | -€41,288 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €2,043 | €306 | -€1,736 | -85.0% |
| Recurring financial charges | 65 | €2,043 | €306 | -€1,736 | -85.0% |
| Profit (loss) for the period before taxes | 9903 | €16,503 | -€23,046 | -€39,549 | |
| Profit (loss) for the period | 9904 | €16,503 | -€23,046 | -€39,549 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,503 | -€23,046 | -€39,549 |
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 16 October 2026 via checked.be.