NUTRICOR: 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.
NUTRICOR
Largest movements
- Stocks and contracts -€58,987
no longer reported in 2025 (was €58,987)
- Receivables within one year -€22,443
no longer reported in 2025 (was €22,443)
of which Trade receivables: -€22,436
- Tangible fixed assets -€13,764
down €13,764 (-5.6%), from €245,690 to €231,925
of which Land and buildings: -€12,840
- Intangible fixed assets -€7,455
no longer reported in 2025 (was €7,455)
- Cash -€5,199
no longer reported in 2025 (was €5,199)
mainly Net result for the year (-€47,524) and Other debts (-€19,199)
- Profit (loss) carried forward -€47,524
down €47,524 (-73.9%), from €64,267 to €16,743
- Other debts -€19,199
down €19,199 (-48.8%), from €39,323 to €20,124
- Trade debts -€14,677
no longer reported in 2025 (was €14,677)
- Debts after one year -€14,382
down €14,382 (-8.1%), from €177,280 to €162,897
- Tax, wage and social debts -€9,011
down €9,011 (-70.8%), from €12,733 to €3,723
of which Remuneration and social security: -€7,035
- Gross operating margin -€38,325
down €38,325, from €24,615 to -€13,709
- Depreciation -€4,245
down €4,245 (-25.2%), from €16,875 to €12,630
- Staff costs +€3,164
up €3,164 (+307.0%), from €1,031 to €4,195
- Financial charges -€1,592
down €1,592 (-27.0%), from €5,904 to €4,311
- Taxes -€1,149
no longer reported in 2025 (was €1,149)
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 | €341,634 | €232,085 | -€109,549 | -32.1% |
| Formation expenses | 20 | €20 | - | -€20 | |
| Fixed assets | 21/28 | €253,668 | €232,085 | -€21,583 | -8.5% |
| Intangible fixed assets | 21 | €7,455 | - | -€7,455 | |
| Tangible fixed assets | 22/27 | €245,690 | €231,925 | -€13,764 | -5.6% |
| Land and buildings | 22 | €244,152 | €231,312 | -€12,840 | -5.3% |
| Furniture and vehicles | 24 | €1,538 | €614 | -€925 | -60.1% |
| Financial fixed assets | 28 | €523 | €160 | -€363 | -69.4% |
| Current assets | 29/58 | €87,946 | - | -€87,946 | |
| Stocks and contracts in progress | 3 | €58,987 | - | -€58,987 | |
| Stocks | 30/36 | €58,987 | - | -€58,987 | |
| Amounts receivable within one year | 40/41 | €22,443 | - | -€22,443 | |
| Trade receivables | 40 | €22,436 | - | -€22,436 | |
| Other amounts receivable | 41 | €7 | - | -€7 | |
| Cash at bank and in hand | 54/58 | €5,199 | - | -€5,199 | |
| Deferred charges and accrued income | 490/1 | €1,317 | - | -€1,317 | |
| Total equity and liabilities | 10/49 | €341,634 | €232,085 | -€109,549 | -32.1% |
| Equity | 10/15 | €78,725 | €30,792 | -€47,933 | -60.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,267 | €16,743 | -€47,524 | -73.9% |
| Investment grants | 15 | €9,458 | €9,049 | -€409 | -4.3% |
| Amounts payable | 17/49 | €262,909 | €201,293 | -€61,616 | -23.4% |
| Amounts payable after more than one year | 17 | €177,280 | €162,897 | -€14,382 | -8.1% |
| Financial debts | 170/4 | €177,280 | €162,897 | -€14,382 | -8.1% |
| Amounts payable within one year | 42/48 | €85,095 | €38,396 | -€46,699 | -54.9% |
| Current portion of amounts payable after more than one year | 42 | €18,363 | €14,382 | -€3,980 | -21.7% |
| Financial debts | 43 | - | €167 | +€167 | |
| Credit institutions | 430/8 | - | €167 | +€167 | |
| Trade debts | 44 | €14,677 | - | -€14,677 | |
| Suppliers | 440/4 | €14,677 | - | -€14,677 | |
| Taxes, remuneration and social security | 45 | €12,733 | €3,723 | -€9,011 | -70.8% |
| Taxes | 450/3 | €5,698 | €3,723 | -€1,976 | -34.7% |
| Remuneration and social security | 454/9 | €7,035 | - | -€7,035 | |
| Other amounts payable | 47/48 | €39,323 | €20,124 | -€19,199 | -48.8% |
| Accrued charges and deferred income | 492/3 | €534 | - | -€534 | |
| Remuneration, social security and pensions | 62 | €1,031 | €4,195 | +€3,164 | +307.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,875 | €12,630 | -€4,245 | -25.2% |
| Other operating charges | 640/8 | €977 | €1,132 | +€154 | +15.8% |
| Non-recurring operating charges | 66A | - | €11,972 | +€11,972 | |
| Gross operating margin | 9900 | €24,615 | -€13,709 | -€38,325 | |
| Operating profit (loss) | 9901 | €5,732 | -€43,638 | -€49,370 | |
| Financial income | 75/76B | €1,457 | €426 | -€1,031 | -70.8% |
| Recurring financial income | 75 | €1,457 | €426 | -€1,031 | -70.8% |
| Financial charges | 65/66B | €5,904 | €4,311 | -€1,592 | -27.0% |
| Recurring financial charges | 65 | €5,904 | €4,311 | -€1,592 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | €1,285 | -€47,524 | -€48,809 | |
| Income taxes | 67/77 | €1,149 | - | -€1,149 | |
| Profit (loss) for the period | 9904 | €136 | -€47,524 | -€47,660 | |
| Profit (loss) for the period to be appropriated | 9905 | €136 | -€47,524 | -€47,660 |
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 4 October 2026 via checked.be.