NUTRADO: 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.
NUTRADO
Largest movements
- Receivables within one year -€151,451
down €151,451 (-41.9%), from €361,190 to €209,738
of which Other amounts receivable: -€164,346
- Debts after one year -€90,115
down €90,115 (-19.0%), from €473,597 to €383,483
- Tax, wage and social debts -€51,671
down €51,671 (-56.3%), from €91,807 to €40,137
- Reserves +€37,500
up €37,500 (+9.3%), from €402,000 to €439,500
- Current portion of long-term debt -€22,353
down €22,353 (-19.9%), from €112,468 to €90,115
- Other debts +€19,064
up €19,064 (+2.9%), from €660,243 to €679,307
- Financial income -€349,988
down €349,988 (-100.0%), from €350,000 to €12
- Gross operating margin +€20,648
up €20,648 (+10.6%), from €194,370 to €215,018
- Taxes +€7,115
up €7,115 (+17.8%), from €40,033 to €47,148
- Depreciation -€6,073
down €6,073 (-28.3%), from €21,440 to €15,367
- Financial charges -€3,097
down €3,097 (-23.3%), from €13,309 to €10,212
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.
Derived cash bridge
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 | €1,780,015 | €1,658,157 | -€121,858 | -6.8% |
| Formation expenses | 20 | €17 | - | -€17 | |
| Fixed assets | 21/28 | €1,411,523 | €1,433,691 | +€22,168 | +1.6% |
| Tangible fixed assets | 22/27 | €398,761 | €414,359 | +€15,598 | +3.9% |
| Land and buildings | 22 | €384,257 | €399,880 | +€15,623 | +4.1% |
| Plant, machinery and equipment | 23 | €7,273 | €5,277 | -€1,996 | -27.4% |
| Furniture and vehicles | 24 | €7,231 | €9,202 | +€1,971 | +27.3% |
| Financial fixed assets | 28 | €1,012,763 | €1,019,333 | +€6,570 | +0.6% |
| Current assets | 29/58 | €368,475 | €224,466 | -€144,009 | -39.1% |
| Amounts receivable within one year | 40/41 | €361,190 | €209,738 | -€151,451 | -41.9% |
| Trade receivables | 40 | €23,405 | €36,300 | +€12,895 | +55.1% |
| Other amounts receivable | 41 | €337,784 | €173,438 | -€164,346 | -48.7% |
| Cash at bank and in hand | 54/58 | €5,940 | €12,064 | +€6,125 | +103% |
| Deferred charges and accrued income | 490/1 | €1,346 | €2,663 | +€1,318 | +97.9% |
| Total equity and liabilities | 10/49 | €1,780,015 | €1,658,157 | -€121,858 | -6.8% |
| Equity | 10/15 | €437,864 | €459,946 | +€22,082 | +5.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €402,000 | €439,500 | +€37,500 | +9.3% |
| Distributable reserves | 133 | €402,000 | €439,500 | +€37,500 | +9.3% |
| Profit (loss) carried forward | 14 | €15,864 | €446 | -€15,418 | -97.2% |
| Amounts payable | 17/49 | €1,342,151 | €1,198,212 | -€143,940 | -10.7% |
| Amounts payable after more than one year | 17 | €473,597 | €383,483 | -€90,115 | -19.0% |
| Financial debts | 170/4 | €473,597 | €383,483 | -€90,115 | -19.0% |
| Amounts payable within one year | 42/48 | €868,554 | €814,729 | -€53,825 | -6.2% |
| Current portion of amounts payable after more than one year | 42 | €112,468 | €90,115 | -€22,353 | -19.9% |
| Financial debts | 43 | €2,134 | - | -€2,134 | |
| Credit institutions | 430/8 | €2,134 | - | -€2,134 | |
| Trade debts | 44 | €1,902 | €5,171 | +€3,269 | +172% |
| Suppliers | 440/4 | €1,902 | €5,171 | +€3,269 | +172% |
| Taxes, remuneration and social security | 45 | €91,807 | €40,137 | -€51,671 | -56.3% |
| Taxes | 450/3 | €91,807 | €40,137 | -€51,671 | -56.3% |
| Other amounts payable | 47/48 | €660,243 | €679,307 | +€19,064 | +2.9% |
| Non-recurring operating income | 76A | - | €18,735 | +€18,735 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,440 | €15,367 | -€6,073 | -28.3% |
| Other operating charges | 640/8 | €1,867 | €2,574 | +€706 | +37.8% |
| Gross operating margin | 9900 | €194,370 | €215,018 | +€20,648 | +10.6% |
| Operating profit (loss) | 9901 | €171,063 | €197,078 | +€26,015 | +15.2% |
| Financial income | 75/76B | €350,000 | €12 | -€349,988 | -100.0% |
| Recurring financial income | 75 | €350,000 | €12 | -€349,988 | -100.0% |
| Financial charges | 65/66B | €13,309 | €10,212 | -€3,097 | -23.3% |
| Recurring financial charges | 65 | €13,309 | €10,212 | -€3,097 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | €507,754 | €186,877 | -€320,877 | -63.2% |
| Income taxes | 67/77 | €40,033 | €47,148 | +€7,115 | +17.8% |
| Profit (loss) for the period | 9904 | €467,721 | €139,729 | -€327,992 | -70.1% |
| Profit (loss) for the period to be appropriated | 9905 | €467,721 | €139,729 | -€327,992 | -70.1% |
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 14 October 2026 via checked.be.