NUT NUT: 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.
NUT NUT
Largest movements
- Tangible fixed assets -€3,718
down €3,718 (-23.6%), from €15,733 to €12,015
of which Leasing and similar rights: -€3,413
- Deferred charges and accrued income -€1,645
down €1,645 (-17.6%), from €9,361 to €7,715
- Receivables within one year -€932
down €932 (-81.5%), from €1,143 to €212
of which Trade receivables: -€1,140
- Debts after one year -€8,212
down €8,212 (-68.8%), from €11,937 to €3,725
- Profit (loss) carried forward +€3,024
up €3,024 (+40.1%), from -€7,535 to -€4,510
- Other debts -€2,630
down €2,630 (-95.2%), from €2,762 to €132
- Tax, wage and social debts +€1,405
up €1,405 (+42.5%), from €3,305 to €4,710
- Current portion of long-term debt -€888
down €888 (-9.8%), from €9,100 to €8,212
- Financial charges -€3,541
down €3,541 (-50.4%), from €7,024 to €3,484
of which Non-recurring financial charges: -€3,143
- Gross operating margin +€2,630
up €2,630 (+25.2%), from €10,448 to €13,078
- Taxes +€1,708
up €1,708 (+232.5%), from €734 to €2,442
- Financial income +€1,121
new in 2025: €1,121
of which Financial income: +€1,121
- Depreciation +€527
up €527 (+18.2%), from €2,886 to €3,413
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 | €27,483 | €21,006 | -€6,477 | -23.6% |
| Fixed assets | 21/28 | €15,733 | €12,015 | -€3,718 | -23.6% |
| Tangible fixed assets | 22/27 | €15,733 | €12,015 | -€3,718 | -23.6% |
| Furniture and vehicles | 24 | €305 | - | -€305 | |
| Leasing and similar rights | 25 | €15,428 | €12,015 | -€3,413 | -22.1% |
| Current assets | 29/58 | €11,750 | €8,991 | -€2,759 | -23.5% |
| Amounts receivable within one year | 40/41 | €1,143 | €212 | -€932 | -81.5% |
| Trade receivables | 40 | €1,140 | - | -€1,140 | |
| Other amounts receivable | 41 | €3 | €212 | +€208 | +6432.1% |
| Cash at bank and in hand | 54/58 | €1,246 | €1,064 | -€182 | -14.6% |
| Deferred charges and accrued income | 490/1 | €9,361 | €7,715 | -€1,645 | -17.6% |
| Total equity and liabilities | 10/49 | €27,483 | €21,006 | -€6,477 | -23.6% |
| Equity | 10/15 | -€2,535 | €490 | +€3,024 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,535 | -€4,510 | +€3,024 | +40.1% |
| Amounts payable | 17/49 | €30,018 | €20,517 | -€9,501 | -31.7% |
| Amounts payable after more than one year | 17 | €11,937 | €3,725 | -€8,212 | -68.8% |
| Financial debts | 170/4 | €11,937 | €3,725 | -€8,212 | -68.8% |
| Amounts payable within one year | 42/48 | €18,031 | €16,791 | -€1,239 | -6.9% |
| Current portion of amounts payable after more than one year | 42 | €9,100 | €8,212 | -€888 | -9.8% |
| Trade debts | 44 | €2,863 | €3,737 | +€874 | +30.5% |
| Suppliers | 440/4 | €2,863 | €3,737 | +€874 | +30.5% |
| Taxes, remuneration and social security | 45 | €3,305 | €4,710 | +€1,405 | +42.5% |
| Taxes | 450/3 | €3,305 | €4,710 | +€1,405 | +42.5% |
| Other amounts payable | 47/48 | €2,762 | €132 | -€2,630 | -95.2% |
| Accrued charges and deferred income | 492/3 | €50 | - | -€50 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,886 | €3,413 | +€527 | +18.2% |
| Other operating charges | 640/8 | €1,342 | €1,836 | +€494 | +36.8% |
| Gross operating margin | 9900 | €10,448 | €13,078 | +€2,630 | +25.2% |
| Operating profit (loss) | 9901 | €6,219 | €7,829 | +€1,610 | +25.9% |
| Financial income | 75/76B | - | €1,121 | +€1,121 | |
| Recurring financial income | 75 | - | €1,121 | +€1,121 | |
| Non-recurring financial income | 76B | - | €1,121 | +€1,121 | |
| Financial charges | 65/66B | €7,024 | €3,484 | -€3,541 | -50.4% |
| Recurring financial charges | 65 | €3,805 | €3,407 | -€398 | -10.5% |
| Non-recurring financial charges | 66B | €3,219 | €76 | -€3,143 | -97.6% |
| Profit (loss) for the period before taxes | 9903 | -€805 | €5,466 | +€6,272 | |
| Income taxes | 67/77 | €734 | €2,442 | +€1,708 | +232.5% |
| Profit (loss) for the period | 9904 | -€1,540 | €3,024 | +€4,564 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,540 | €3,024 | +€4,564 |
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 10 October 2026 via checked.be.