NUTRISAN: 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.
NUTRISAN
Largest movements
- Receivables within one year -€471,759
down €471,759 (-66.7%), from €707,434 to €235,675
of which Trade receivables: -€350,866
- Stocks and contracts +€446,835
up €446,835 (+32.7%), from €1.4m to €1.8m
- Cash +€275,909
up €275,909 (+804%), from €34,317 to €310,227
mainly Debts after one year (+€779,673) and Receivables within one year (+€471,759)
- Intangible fixed assets +€72,343
up €72,343 (+88.2%), from €82,062 to €154,405
- Debts after one year +€779,673
up €779,673 (+40.9%), from €1.9m to €2.7m
of which Other amounts payable: +€1.3m
- Profit (loss) carried forward -€475,725
down €475,725 (-153%), from -€311,578 to -€787,303
- Trade debts +€50,031
up €50,031 (+32.3%), from €154,903 to €204,933
- Gross operating margin -€297,055
down €297,055 (-22.7%), from €1.3m to €1.0m
- Write-downs +€68,550
up €68,550 (+63.3%), from €108,246 to €176,796
- Financial charges +€65,828
up €65,828 (+36.5%), from €180,357 to €246,184
- Staff costs +€37,460
up €37,460 (+4.2%), from €902,197 to €939,656
- Taxes -€24,114
down €24,114 (-99.5%), from €24,224 to €110
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 | €2,328,712 | €2,639,971 | +€311,259 | +13.4% |
| Fixed assets | 21/28 | €193,262 | €247,659 | +€54,397 | +28.1% |
| Intangible fixed assets | 21 | €82,062 | €154,405 | +€72,343 | +88.2% |
| Tangible fixed assets | 22/27 | €111,201 | €93,254 | -€17,947 | -16.1% |
| Plant, machinery and equipment | 23 | €63,480 | €72,197 | +€8,717 | +13.7% |
| Furniture and vehicles | 24 | €35,772 | €18,180 | -€17,592 | -49.2% |
| Leasing and similar rights | 25 | €8,544 | €0 | -€8,544 | -100% |
| Other tangible fixed assets | 26 | €3,405 | €2,878 | -€528 | -15.5% |
| Current assets | 29/58 | €2,135,450 | €2,392,312 | +€256,862 | +12.0% |
| Stocks and contracts in progress | 3 | €1,365,895 | €1,812,730 | +€446,835 | +32.7% |
| Stocks | 30/36 | €1,365,895 | €1,812,730 | +€446,835 | +32.7% |
| Amounts receivable within one year | 40/41 | €707,434 | €235,675 | -€471,759 | -66.7% |
| Trade receivables | 40 | €540,475 | €189,608 | -€350,866 | -64.9% |
| Other amounts receivable | 41 | €166,960 | €46,067 | -€120,893 | -72.4% |
| Cash at bank and in hand | 54/58 | €34,317 | €310,227 | +€275,909 | +804% |
| Deferred charges and accrued income | 490/1 | €27,803 | €33,680 | +€5,877 | +21.1% |
| Total equity and liabilities | 10/49 | €2,328,712 | €2,639,971 | +€311,259 | +13.4% |
| Equity | 10/15 | -€75,644 | -€551,369 | -€475,725 | -629% |
| Contributions | 10/11 | €127,000 | €127,000 | = | 0.0% |
| Capital | 10 | €127,000 | €127,000 | = | 0.0% |
| Issued capital | 100 | €152,000 | €152,000 | = | 0.0% |
| Uncalled capital | 101 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €108,935 | €108,935 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,185 | €15,185 | = | 0.0% |
| Legal reserve | 130 | €15,185 | €15,185 | = | 0.0% |
| Tax-exempt reserves | 132 | €93,750 | €93,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€311,578 | -€787,303 | -€475,725 | -153% |
| Amounts payable | 17/49 | €2,404,356 | €3,191,340 | +€786,984 | +32.7% |
| Amounts payable after more than one year | 17 | €1,908,389 | €2,688,063 | +€779,673 | +40.9% |
| Financial debts | 170/4 | €570,860 | €52,431 | -€518,429 | -90.8% |
| Other amounts payable | 178/9 | €1,337,529 | €2,635,632 | +€1.3m | +97.1% |
| Amounts payable within one year | 42/48 | €342,799 | €368,204 | +€25,404 | +7.4% |
| Current portion of amounts payable after more than one year | 42 | €65,096 | €62,259 | -€2,837 | -4.4% |
| Trade debts | 44 | €154,903 | €204,933 | +€50,031 | +32.3% |
| Suppliers | 440/4 | €154,903 | €204,933 | +€50,031 | +32.3% |
| Taxes, remuneration and social security | 45 | €122,801 | €101,011 | -€21,789 | -17.7% |
| Taxes | 450/3 | €25,000 | €1,983 | -€23,017 | -92.1% |
| Remuneration and social security | 454/9 | €97,801 | €99,028 | +€1,227 | +1.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €153,167 | €135,073 | -€18,094 | -11.8% |
| Non-recurring operating income | 76A | €37,901 | €12,387 | -€25,514 | -67.3% |
| Remuneration, social security and pensions | 62 | €902,197 | €939,656 | +€37,460 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,865 | €51,293 | +€9,429 | +22.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €108,246 | €176,796 | +€68,550 | +63.3% |
| Other operating charges | 640/8 | €8,273 | €4,055 | -€4,218 | -51.0% |
| Non-recurring operating charges | 66A | €485 | €74,885 | +€74,400 | +15,344% |
| Gross operating margin | 9900 | €1,309,837 | €1,012,782 | -€297,055 | -22.7% |
| Operating profit (loss) | 9901 | €248,772 | -€233,904 | -€482,675 | |
| Financial income | 75/76B | €6,180 | €4,473 | -€1,707 | -27.6% |
| Recurring financial income | 75 | €6,180 | €4,473 | -€1,707 | -27.6% |
| Financial charges | 65/66B | €180,357 | €246,184 | +€65,828 | +36.5% |
| Recurring financial charges | 65 | €180,357 | €246,184 | +€65,828 | +36.5% |
| Profit (loss) for the period before taxes | 9903 | €74,595 | -€475,615 | -€550,210 | |
| Income taxes | 67/77 | €24,224 | €110 | -€24,114 | -99.5% |
| Profit (loss) for the period | 9904 | €50,371 | -€475,725 | -€526,096 | |
| Profit (loss) for the period to be appropriated | 9905 | €50,371 | -€475,725 | -€526,096 |
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 15 October 2026 via checked.be.