NuSect: what changed
What changed
NuSect
NACE 01.480, Raising of other animals
filed annual accounts (NBB)
Net result for the year
-€301,358
2024 · €78,554-€379,912
Equity
€425,548
2024 · €726,907-€301,358
Cash
€46,855
2024 · €207,273-€160,418
Balance sheet total
€1.7m
2024 · €2.0m-€342,067
Largest movements
Assets
- Stocks and contracts -€337,214
down €337,214 (-38.6%), from €872,922 to €535,708
- Cash -€160,418
down €160,418 (-77.4%), from €207,273 to €46,855
mainly Net result for the year (-€301,358) and Receivables within one year (-€158,240)
- Receivables within one year +€158,240
up €158,240 (+18.0%), from €877,491 to €1.0m
of which Other amounts receivable: +€184,256
- Tangible fixed assets -€20,708
down €20,708 (-29.9%), from €69,236 to €48,528
Equity and liabilities
- Reserves -€301,358
down €301,358 (-54.2%), from €555,955 to €254,596
of which Distributable reserves: -€301,358
- Other debts +€31,274
up €31,274 (+9.0%), from €347,531 to €378,804
- Tax, wage and social debts -€24,353
down €24,353 (-22.6%), from €107,885 to €83,532
of which Taxes: -€30,383
- Debts after one year -€20,960
down €20,960 (-48.5%), from €43,194 to €22,235
Income statement
- Gross operating margin -€295,209
down €295,209 (-82.5%), from €357,667 to €62,458
- Other operating charges +€108,959
up €108,959 (+2,811%), from €3,876 to €112,835
- Financial income +€25,939
up €25,939 (+412%), from €6,302 to €32,241
of which Non-recurring financial income: +€20,162
- Staff costs +€14,323
up €14,323 (+6.9%), from €208,106 to €222,429
- Taxes -€11,527
down €11,527 (-100.0%), from €11,527 to €0
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€78,554
Gross operating margin
-€295,209
Staff costs
-€14,323
Depreciation
+€2,783
Other operating charges
-€108,959
Other operating items
-€1,518
Financial income
+€25,939
Financial charges
-€152
Taxes
+€11,527
Result 2025
-€301,358
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€106,020
Investment
-€12,001
Financing
-€42,397
Cash 2024
€207,273
From operations (derived)
-€106,020
Net result for the year
-€301,358
Depreciation
+€21,812
Stocks and contracts
+€337,214
Receivables within one year
-€158,240
Deferred charges and accrued income
-€7,135
Trade debts
-€4,903
Tax, wage and social debts
-€24,353
Other debts
+€31,274
Accrued charges and deferred income
-€330
Investment (derived)
-€12,001
Investment in fixed assets (net)
-€12,001
Financing
-€42,397
Debts after one year
-€20,960
Current portion of long-term debt
-€8,994
Short-term financial debts
-€12,443
Cash 2025
€46,855
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,038,560 | €1,696,492 | -€342,067 | -16.8% |
| Fixed assets | 21/28 | €69,236 | €59,425 | -€9,811 | -14.2% |
| Intangible fixed assets | 21 | €0 | €10,897 | +€10,897 | |
| Tangible fixed assets | 22/27 | €69,236 | €48,528 | -€20,708 | -29.9% |
| Land and buildings | 22 | €13,126 | €11,303 | -€1,824 | -13.9% |
| Plant, machinery and equipment | 23 | €38,025 | €28,068 | -€9,958 | -26.2% |
| Furniture and vehicles | 24 | €18,084 | €9,158 | -€8,926 | -49.4% |
| Current assets | 29/58 | €1,969,324 | €1,637,067 | -€332,257 | -16.9% |
| Stocks and contracts in progress | 3 | €872,922 | €535,708 | -€337,214 | -38.6% |
| Stocks | 30/36 | €872,922 | €535,708 | -€337,214 | -38.6% |
| Amounts receivable within one year | 40/41 | €877,491 | €1,035,731 | +€158,240 | +18.0% |
| Trade receivables | 40 | €732,088 | €706,072 | -€26,015 | -3.6% |
| Other amounts receivable | 41 | €145,403 | €329,659 | +€184,256 | +127% |
| Cash at bank and in hand | 54/58 | €207,273 | €46,855 | -€160,418 | -77.4% |
| Deferred charges and accrued income | 490/1 | €11,639 | €18,773 | +€7,135 | +61.3% |
| Total equity and liabilities | 10/49 | €2,038,560 | €1,696,492 | -€342,067 | -16.8% |
| Equity | 10/15 | €726,907 | €425,548 | -€301,358 | -41.5% |
| Contributions | 10/11 | €170,952 | €170,952 | = | 0.0% |
| Reserves | 13 | €555,955 | €254,596 | -€301,358 | -54.2% |
| Non-distributable reserves | 130/1 | €17,095 | €17,095 | = | 0.0% |
| Reserves not available under the articles | 1311 | €17,095 | €17,095 | = | 0.0% |
| Tax-exempt reserves | 132 | €55,750 | €55,750 | = | 0.0% |
| Distributable reserves | 133 | €483,109 | €181,751 | -€301,358 | -62.4% |
| Amounts payable | 17/49 | €1,311,653 | €1,270,944 | -€40,709 | -3.1% |
| Amounts payable after more than one year | 17 | €43,194 | €22,235 | -€20,960 | -48.5% |
| Financial debts | 170/4 | €43,194 | €22,235 | -€20,960 | -48.5% |
| Amounts payable within one year | 42/48 | €1,267,080 | €1,247,660 | -€19,420 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €29,954 | €20,960 | -€8,994 | -30.0% |
| Financial debts | 43 | €303,170 | €290,727 | -€12,443 | -4.1% |
| Credit institutions | 430/8 | €303,170 | €290,727 | -€12,443 | -4.1% |
| Trade debts | 44 | €478,540 | €473,638 | -€4,903 | -1.0% |
| Suppliers | 440/4 | €478,540 | €473,638 | -€4,903 | -1.0% |
| Taxes, remuneration and social security | 45 | €107,885 | €83,532 | -€24,353 | -22.6% |
| Taxes | 450/3 | €42,557 | €12,174 | -€30,383 | -71.4% |
| Remuneration and social security | 454/9 | €65,328 | €71,358 | +€6,030 | +9.2% |
| Other amounts payable | 47/48 | €347,531 | €378,804 | +€31,274 | +9.0% |
| Accrued charges and deferred income | 492/3 | €1,379 | €1,049 | -€330 | -23.9% |
| Remuneration, social security and pensions | 62 | €208,106 | €222,429 | +€14,323 | +6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,595 | €21,812 | -€2,783 | -11.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €3,876 | €112,835 | +€108,959 | +2,811% |
| Non-recurring operating charges | 66A | €1,969 | €3,487 | +€1,518 | +77.1% |
| Gross operating margin | 9900 | €357,667 | €62,458 | -€295,209 | -82.5% |
| Operating profit (loss) | 9901 | €119,121 | -€298,105 | -€417,226 | |
| Financial income | 75/76B | €6,302 | €32,241 | +€25,939 | +412% |
| Recurring financial income | 75 | €6,302 | €12,080 | +€5,777 | +91.7% |
| Non-recurring financial income | 76B | - | €20,162 | +€20,162 | |
| Financial charges | 65/66B | €35,343 | €35,495 | +€152 | +0.4% |
| Recurring financial charges | 65 | €35,343 | €35,495 | +€152 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €90,081 | -€301,358 | -€391,439 | |
| Income taxes | 67/77 | €11,527 | €0 | -€11,527 | -100.0% |
| Profit (loss) for the period | 9904 | €78,554 | -€301,358 | -€379,912 | |
| Profit (loss) for the period to be appropriated | 9905 | €78,554 | -€301,358 | -€379,912 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.