NUSKIN BELGIUM: what changed
What changed
NUSKIN BELGIUM
NACE 46.450, Wholesale of perfume and cosmetics
filed annual accounts (NBB)
Net result for the year
€9,088
2024 · €12,125-€3,038
Equity
€873,841
2024 · €864,754+€9,088
Cash
€1.6m
2024 · €1.3m+€261,123
Balance sheet total
€1.7m
2024 · €1.5m+€244,633
Largest movements
Assets
- Cash +€261,123
up €261,123 (+19.5%), from €1.3m to €1.6m
mainly Trade debts (+€217,336) and Receivables within one year (+€17,387)
- Receivables within one year -€17,387
down €17,387 (-14.7%), from €118,098 to €100,711
of which Trade receivables: -€26,509
Equity and liabilities
- Trade debts +€217,336
up €217,336 (+77.2%), from €281,573 to €498,909
Income statement
- Gross operating margin -€46,192
down €46,192 (-18.8%), from €245,371 to €199,179
- Financial charges -€23,558
down €23,558 (-10.1%), from €234,182 to €210,624
- Financial income +€19,516
up €19,516 (+228%), from €8,556 to €28,072
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
€12,125
Gross operating margin
-€46,192
Other operating charges
+€95
Financial income
+€19,516
Financial charges
+€23,558
Taxes
-€14
Result 2025
€9,088
raises the resultlowers the result
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
+€261,123
Investment
€0
Financing
€0
Cash 2024
€1.3m
From operations (derived)
+€261,123
Net result for the year
+€9,088
Depreciation
+€3,483
Receivables within one year
+€17,387
Deferred charges and accrued income
-€4,381
Trade debts
+€217,336
Tax, wage and social debts
+€16,240
Accrued charges and deferred income
+€1,970
Cash 2025
€1.6m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,470,143 | €1,714,776 | +€244,633 | +16.6% |
| Fixed assets | 21/28 | €12,141 | €8,658 | -€3,483 | -28.7% |
| Intangible fixed assets | 21 | €12,138 | €8,655 | -€3,483 | -28.7% |
| Tangible fixed assets | 22/27 | €3 | €3 | = | 0.0% |
| Plant, machinery and equipment | 23 | €3 | €3 | = | 0.0% |
| Current assets | 29/58 | €1,458,002 | €1,706,118 | +€248,116 | +17.0% |
| Amounts receivable within one year | 40/41 | €118,098 | €100,711 | -€17,387 | -14.7% |
| Trade receivables | 40 | €82,576 | €56,067 | -€26,509 | -32.1% |
| Other amounts receivable | 41 | €35,523 | €44,645 | +€9,122 | +25.7% |
| Cash at bank and in hand | 54/58 | €1,339,904 | €1,601,026 | +€261,123 | +19.5% |
| Deferred charges and accrued income | 490/1 | - | €4,381 | +€4,381 | |
| Total equity and liabilities | 10/49 | €1,470,143 | €1,714,776 | +€244,633 | +16.6% |
| Equity | 10/15 | €864,754 | €873,841 | +€9,088 | +1.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €796,583 | €805,671 | +€9,088 | +1.1% |
| Amounts payable | 17/49 | €605,389 | €840,935 | +€235,546 | +38.9% |
| Amounts payable after more than one year | 17 | €226,352 | €226,352 | = | 0.0% |
| Financial debts | 170/4 | €226,352 | €226,352 | = | 0.0% |
| Amounts payable within one year | 42/48 | €361,974 | €595,550 | +€233,576 | +64.5% |
| Trade debts | 44 | €281,573 | €498,909 | +€217,336 | +77.2% |
| Suppliers | 440/4 | €281,573 | €498,909 | +€217,336 | +77.2% |
| Taxes, remuneration and social security | 45 | €80,401 | €96,641 | +€16,240 | +20.2% |
| Taxes | 450/3 | €80,401 | €96,641 | +€16,240 | +20.2% |
| Accrued charges and deferred income | 492/3 | €17,063 | €19,033 | +€1,970 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,483 | €3,483 | = | 0.0% |
| Other operating charges | 640/8 | €95 | - | -€95 | |
| Gross operating margin | 9900 | €245,371 | €199,179 | -€46,192 | -18.8% |
| Operating profit (loss) | 9901 | €241,793 | €195,696 | -€46,097 | -19.1% |
| Financial income | 75/76B | €8,556 | €28,072 | +€19,516 | +228% |
| Recurring financial income | 75 | €8,556 | €28,072 | +€19,516 | +228% |
| Financial charges | 65/66B | €234,182 | €210,624 | -€23,558 | -10.1% |
| Recurring financial charges | 65 | €234,182 | €210,624 | -€23,558 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €16,167 | €13,143 | -€3,024 | -18.7% |
| Income taxes | 67/77 | €4,042 | €4,056 | +€14 | +0.3% |
| Profit (loss) for the period | 9904 | €12,125 | €9,088 | -€3,038 | -25.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,125 | €9,088 | -€3,038 | -25.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.