NUSTECOM: what changed
Two fiscal 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.
NUSTECOM
Largest movements
- Cash +€751,084
up €751,084 (+1627.0%), from €46,164 to €797,248
mainly Receivables within one year (+€629,151) and Other debts (+€395,872)
- Receivables within one year -€629,151
down €629,151 (-28.5%), from €2.2m to €1.6m
of which Other amounts receivable: -€641,836
- Stocks and contracts +€521,688
up €521,688 (+4.2%), from €12.3m to €12.9m
- Other debts +€395,872
up €395,872 (+139.6%), from €283,634 to €679,506
- Debts after one year +€387,632
up €387,632 (+3.6%), from €10.7m to €11.1m
of which Financial debts: +€387,632
- Reserves -€283,699
down €283,699 (-27.4%), from €1.0m to €752,245
of which Distributable reserves: -€283,699
- Gross operating margin -€516,166
down €516,166 (-90.5%), from €570,228 to €54,062
- Taxes -€116,707
down €116,707, from €114,615 to -€2,092
- Financial charges -€86,551
down €86,551 (-39.9%), from €216,856 to €130,305
- Financial income -€44,203
down €44,203 (-45.3%), from €97,520 to €53,316
- Other operating charges +€10,524
up €10,524 (+449.6%), from €2,341 to €12,865
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 | €14,718,519 | €15,363,439 | +€644,920 | +4.4% |
| Fixed assets | 21/28 | €120,000 | €120,000 | = | 0.0% |
| Financial fixed assets | 28 | €120,000 | €120,000 | = | 0.0% |
| Current assets | 29/58 | €14,598,519 | €15,243,439 | +€644,920 | +4.4% |
| Stocks and contracts in progress | 3 | €12,343,289 | €12,864,977 | +€521,688 | +4.2% |
| Stocks | 30/36 | €12,343,289 | €12,864,977 | +€521,688 | +4.2% |
| Amounts receivable within one year | 40/41 | €2,209,067 | €1,579,916 | -€629,151 | -28.5% |
| Trade receivables | 40 | €0 | €12,685 | +€12,685 | |
| Other amounts receivable | 41 | €2,209,067 | €1,567,231 | -€641,836 | -29.1% |
| Cash at bank and in hand | 54/58 | €46,164 | €797,248 | +€751,084 | +1627.0% |
| Deferred charges and accrued income | 490/1 | - | €1,299 | +€1,299 | |
| Total equity and liabilities | 10/49 | €14,718,519 | €15,363,439 | +€644,920 | +4.4% |
| Equity | 10/15 | €3,304,544 | €3,020,845 | -€283,699 | -8.6% |
| Contributions | 10/11 | €2,268,600 | €2,268,600 | = | 0.0% |
| Reserves | 13 | €1,035,944 | €752,245 | -€283,699 | -27.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,035,944 | €752,245 | -€283,699 | -27.4% |
| Amounts payable | 17/49 | €11,413,975 | €12,342,594 | +€928,619 | +8.1% |
| Amounts payable after more than one year | 17 | €10,680,698 | €11,068,331 | +€387,632 | +3.6% |
| Financial debts | 170/4 | €10,678,646 | €11,066,278 | +€387,632 | +3.6% |
| Other amounts payable | 178/9 | €2,052 | €2,052 | = | 0.0% |
| Amounts payable within one year | 42/48 | €536,127 | €1,091,203 | +€555,076 | +103.5% |
| Current portion of amounts payable after more than one year | 42 | €206,887 | €341,264 | +€134,377 | +65.0% |
| Trade debts | 44 | €31,376 | €58,296 | +€26,920 | +85.8% |
| Suppliers | 440/4 | €31,376 | €58,296 | +€26,920 | +85.8% |
| Taxes, remuneration and social security | 45 | €14,230 | €12,138 | -€2,092 | -14.7% |
| Taxes | 450/3 | €14,230 | €12,138 | -€2,092 | -14.7% |
| Other amounts payable | 47/48 | €283,634 | €679,506 | +€395,872 | +139.6% |
| Accrued charges and deferred income | 492/3 | €197,150 | €183,060 | -€14,089 | -7.1% |
| Other operating charges | 640/8 | €2,341 | €12,865 | +€10,524 | +449.6% |
| Gross operating margin | 9900 | €570,228 | €54,062 | -€516,166 | -90.5% |
| Operating profit (loss) | 9901 | €567,887 | €41,197 | -€526,690 | -92.7% |
| Financial income | 75/76B | €97,520 | €53,316 | -€44,203 | -45.3% |
| Recurring financial income | 75 | €97,520 | €53,316 | -€44,203 | -45.3% |
| Financial charges | 65/66B | €216,856 | €130,305 | -€86,551 | -39.9% |
| Recurring financial charges | 65 | €216,856 | €130,305 | -€86,551 | -39.9% |
| Profit (loss) for the period before taxes | 9903 | €448,551 | -€35,792 | -€484,343 | |
| Income taxes | 67/77 | €114,615 | -€2,092 | -€116,707 | |
| Profit (loss) for the period | 9904 | €333,937 | -€33,699 | -€367,636 | |
| Profit (loss) for the period to be appropriated | 9905 | €333,937 | -€33,699 | -€367,636 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.