NUSHI: 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.
NUSHI
Largest movements
- Receivables within one year +€25,085
up €25,085 (+1229.7%), from €2,040 to €27,125
of which Trade receivables: +€25,676
- Trade debts +€25,608
up €25,608 (+1206.2%), from €2,123 to €27,731
- Profit (loss) carried forward -€875
down €875 (-39.7%), from -€2,203 to -€3,078
- Depreciation -€1,106
no longer reported in 2025 (was €1,106)
- Other operating charges -€184
no longer reported in 2025 (was €184)
- Financial charges +€70
up €70 (+25.1%), from €279 to €349
- Gross operating margin +€70
up €70 (+11.7%), from -€596 to -€526
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 | €5,077 | €30,031 | +€24,953 | +491.5% |
| Current assets | 29/58 | €5,077 | €30,031 | +€24,953 | +491.5% |
| Amounts receivable within one year | 40/41 | €2,040 | €27,125 | +€25,085 | +1229.7% |
| Trade receivables | 40 | €1,449 | €27,125 | +€25,676 | +1772.0% |
| Other amounts receivable | 41 | €591 | - | -€591 | |
| Cash at bank and in hand | 54/58 | €3,038 | €2,906 | -€131 | -4.3% |
| Total equity and liabilities | 10/49 | €5,077 | €30,031 | +€24,953 | +491.5% |
| Equity | 10/15 | €2,797 | €1,922 | -€875 | -31.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,203 | -€3,078 | -€875 | -39.7% |
| Amounts payable | 17/49 | €2,280 | €28,108 | +€25,828 | +1132.6% |
| Amounts payable within one year | 42/48 | €2,280 | €28,108 | +€25,828 | +1132.6% |
| Trade debts | 44 | €2,123 | €27,731 | +€25,608 | +1206.2% |
| Suppliers | 440/4 | €2,123 | €27,731 | +€25,608 | +1206.2% |
| Taxes, remuneration and social security | 45 | €157 | €157 | = | 0.0% |
| Taxes | 450/3 | €157 | €157 | = | 0.0% |
| Other amounts payable | 47/48 | - | €220 | +€220 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,106 | - | -€1,106 | |
| Other operating charges | 640/8 | €184 | - | -€184 | |
| Gross operating margin | 9900 | -€596 | -€526 | +€70 | +11.7% |
| Operating profit (loss) | 9901 | -€1,885 | -€526 | +€1,359 | +72.1% |
| Financial charges | 65/66B | €279 | €349 | +€70 | +25.1% |
| Recurring financial charges | 65 | €279 | €349 | +€70 | +25.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,164 | -€875 | +€1,289 | +59.6% |
| Profit (loss) for the period | 9904 | -€2,164 | -€875 | +€1,289 | +59.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,164 | -€875 | +€1,289 | +59.6% |
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 9 October 2026 via checked.be.