Nutriliq: 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.
Nutriliq
Largest movements
- Receivables within one year +€1.4m
up €1.4m (+106%), from €1.3m to €2.7m
of which Trade receivables: +€1.4m
- Stocks and contracts +€930,418
up €930,418 (+186%), from €500,000 to €1.4m
- Cash -€442,281
down €442,281 (-52.7%), from €838,979 to €396,698
mainly Receivables within one year (-€1.4m) and Contributions, distributions and other (-€1.2m)
- Trade debts +€1.3m
up €1.3m (+175%), from €723,790 to €2.0m
- Reserves +€1.1m
up €1.1m (+1,524%), from €70,750 to €1.1m
- Other debts -€622,253
down €622,253 (-34.6%), from €1.8m to €1.2m
- Short-term financial debts +€184,064
new in 2025: €184,064
- Profit (loss) carried forward -€52,865
down €52,865 (-98.9%), from €53,440 to €576
- Gross operating margin +€844,499
up €844,499 (+40.7%), from €2.1m to €2.9m
- Taxes +€366,800
up €366,800, from €0 to €366,800
- Staff costs +€168,731
up €168,731 (+80.6%), from €209,383 to €378,114
- Financial income +€61,128
up €61,128 (+3,711%), from €1,647 to €62,775
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 | €2,750,205 | €4,602,985 | +€1.9m | +67.4% |
| Fixed assets | 21/28 | €68,791 | €87,764 | +€18,974 | +27.6% |
| Intangible fixed assets | 21 | €12,798 | €9,665 | -€3,133 | -24.5% |
| Tangible fixed assets | 22/27 | €55,992 | €78,099 | +€22,107 | +39.5% |
| Furniture and vehicles | 24 | €55,992 | €78,099 | +€22,107 | +39.5% |
| Current assets | 29/58 | €2,681,415 | €4,515,220 | +€1.8m | +68.4% |
| Stocks and contracts in progress | 3 | €500,000 | €1,430,418 | +€930,418 | +186% |
| Stocks | 30/36 | €500,000 | €1,430,418 | +€930,418 | +186% |
| Amounts receivable within one year | 40/41 | €1,300,395 | €2,674,069 | +€1.4m | +106% |
| Trade receivables | 40 | €1,216,199 | €2,567,027 | +€1.4m | +111% |
| Other amounts receivable | 41 | €84,196 | €107,041 | +€22,846 | +27.1% |
| Current investments | 50/53 | €24,750 | €0 | -€24,750 | -100% |
| Cash at bank and in hand | 54/58 | €838,979 | €396,698 | -€442,281 | -52.7% |
| Deferred charges and accrued income | 490/1 | €17,291 | €14,035 | -€3,256 | -18.8% |
| Total equity and liabilities | 10/49 | €2,750,205 | €4,602,985 | +€1.9m | +67.4% |
| Equity | 10/15 | €142,790 | €1,167,925 | +€1.0m | +718% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €70,750 | €1,148,750 | +€1.1m | +1,524% |
| Distributable reserves | 133 | €70,750 | €1,148,750 | +€1.1m | +1,524% |
| Profit (loss) carried forward | 14 | €53,440 | €576 | -€52,865 | -98.9% |
| Amounts payable | 17/49 | €2,607,415 | €3,435,059 | +€827,644 | +31.7% |
| Amounts payable after more than one year | 17 | €25,973 | €50,796 | +€24,823 | +95.6% |
| Financial debts | 170/4 | €25,973 | €50,796 | +€24,823 | +95.6% |
| Amounts payable within one year | 42/48 | €2,565,956 | €3,379,463 | +€813,507 | +31.7% |
| Current portion of amounts payable after more than one year | 42 | €6,357 | €6,589 | +€232 | +3.7% |
| Financial debts | 43 | - | €184,064 | +€184,064 | |
| Credit institutions | 430/8 | - | €184,064 | +€184,064 | |
| Trade debts | 44 | €723,790 | €1,988,932 | +€1.3m | +175% |
| Suppliers | 440/4 | €723,790 | €1,988,932 | +€1.3m | +175% |
| Taxes, remuneration and social security | 45 | €35,810 | €22,132 | -€13,677 | -38.2% |
| Taxes | 450/3 | €0 | €4,110 | +€4,110 | |
| Remuneration and social security | 454/9 | €35,810 | €18,022 | -€17,787 | -49.7% |
| Other amounts payable | 47/48 | €1,800,000 | €1,177,747 | -€622,253 | -34.6% |
| Accrued charges and deferred income | 492/3 | €15,486 | €4,800 | -€10,686 | -69.0% |
| Non-recurring operating income | 76A | €2,887 | €0 | -€2,887 | -100% |
| Remuneration, social security and pensions | 62 | €209,383 | €378,114 | +€168,731 | +80.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,674 | €21,811 | +€15,137 | +227% |
| Other operating charges | 640/8 | €679 | €1,634 | +€954 | +141% |
| Gross operating margin | 9900 | €2,076,397 | €2,920,895 | +€844,499 | +40.7% |
| Operating profit (loss) | 9901 | €1,859,661 | €2,519,336 | +€659,675 | +35.5% |
| Financial income | 75/76B | €1,647 | €62,775 | +€61,128 | +3,711% |
| Recurring financial income | 75 | €1,647 | €62,775 | +€61,128 | +3,711% |
| Financial charges | 65/66B | €8,440 | €12,429 | +€3,989 | +47.3% |
| Recurring financial charges | 65 | €8,440 | €12,429 | +€3,989 | +47.3% |
| Profit (loss) for the period before taxes | 9903 | €1,852,868 | €2,569,682 | +€716,814 | +38.7% |
| Income taxes | 67/77 | €0 | €366,800 | +€366,800 | |
| Profit (loss) for the period | 9904 | €1,852,868 | €2,202,883 | +€350,014 | +18.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,852,868 | €2,202,883 | +€350,014 | +18.9% |
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 28 October 2026 via checked.be.