NUTS EVENTS: 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.
NUTS EVENTS
Largest movements
- Receivables within one year -€541,789
down €541,789 (-92.1%), from €588,221 to €46,432
of which Trade receivables: -€556,014
- Current investments +€200,000
new in 2025: €200,000
- Cash -€53,965
down €53,965 (-23.6%), from €228,784 to €174,819
mainly Trade debts (-€463,744) and Current investments (-€200,000)
- Tangible fixed assets +€25,688
up €25,688 (+69.7%), from €36,876 to €62,564
of which Furniture and vehicles: +€22,988
- Trade debts -€463,744
down €463,744 (-89.2%), from €519,718 to €55,974
- Profit (loss) carried forward +€167,097
up €167,097 (+252.1%), from €66,280 to €233,376
- Other debts -€102,211
down €102,211 (-99.5%), from €102,680 to €468
- Current portion of long-term debt +€49,676
up €49,676 (+110.4%), from €45,000 to €94,676
- Advances received -€17,315
down €17,315 (-90.7%), from €19,084 to €1,769
- Gross operating margin +€158,995
up €158,995 (+25.9%), from €614,802 to €773,797
- Staff costs +€72,573
up €72,573 (+18.8%), from €386,562 to €459,135
- Taxes +€19,272
up €19,272 (+36.6%), from €52,689 to €71,961
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 | €859,128 | €489,747 | -€369,381 | -43.0% |
| Fixed assets | 21/28 | €36,876 | €63,108 | +€26,232 | +71.1% |
| Tangible fixed assets | 22/27 | €36,876 | €62,564 | +€25,688 | +69.7% |
| Plant, machinery and equipment | 23 | €15,255 | €17,955 | +€2,700 | +17.7% |
| Furniture and vehicles | 24 | €21,622 | €44,609 | +€22,988 | +106.3% |
| Financial fixed assets | 28 | - | €544 | +€544 | |
| Current assets | 29/58 | €822,252 | €426,639 | -€395,613 | -48.1% |
| Amounts receivable within one year | 40/41 | €588,221 | €46,432 | -€541,789 | -92.1% |
| Trade receivables | 40 | €580,910 | €24,896 | -€556,014 | -95.7% |
| Other amounts receivable | 41 | €7,311 | €21,536 | +€14,225 | +194.6% |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €228,784 | €174,819 | -€53,965 | -23.6% |
| Deferred charges and accrued income | 490/1 | €5,247 | €5,388 | +€142 | +2.7% |
| Total equity and liabilities | 10/49 | €859,128 | €489,747 | -€369,381 | -43.0% |
| Equity | 10/15 | €71,280 | €238,376 | +€167,097 | +234.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,280 | €233,376 | +€167,097 | +252.1% |
| Amounts payable | 17/49 | €787,848 | €251,371 | -€536,478 | -68.1% |
| Amounts payable within one year | 42/48 | €787,848 | €244,950 | -€542,898 | -68.9% |
| Current portion of amounts payable after more than one year | 42 | €45,000 | €94,676 | +€49,676 | +110.4% |
| Trade debts | 44 | €519,718 | €55,974 | -€463,744 | -89.2% |
| Suppliers | 440/4 | €519,718 | €55,974 | -€463,744 | -89.2% |
| Advances received on contracts in progress | 46 | €19,084 | €1,769 | -€17,315 | -90.7% |
| Taxes, remuneration and social security | 45 | €101,367 | €92,063 | -€9,304 | -9.2% |
| Taxes | 450/3 | €62,731 | €38,590 | -€24,141 | -38.5% |
| Remuneration and social security | 454/9 | €38,636 | €53,473 | +€14,838 | +38.4% |
| Other amounts payable | 47/48 | €102,680 | €468 | -€102,211 | -99.5% |
| Accrued charges and deferred income | 492/3 | - | €6,421 | +€6,421 | |
| Remuneration, social security and pensions | 62 | €386,562 | €459,135 | +€72,573 | +18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,943 | €11,147 | +€2,204 | +24.6% |
| Other operating charges | 640/8 | €10,120 | €10,253 | +€133 | +1.3% |
| Gross operating margin | 9900 | €614,802 | €773,797 | +€158,995 | +25.9% |
| Operating profit (loss) | 9901 | €209,177 | €293,262 | +€84,085 | +40.2% |
| Financial income | 75/76B | €857 | €383 | -€474 | -55.4% |
| Recurring financial income | 75 | €857 | €383 | -€474 | -55.4% |
| Financial charges | 65/66B | €6,066 | €11,015 | +€4,949 | +81.6% |
| Recurring financial charges | 65 | €6,066 | €11,015 | +€4,949 | +81.6% |
| Profit (loss) for the period before taxes | 9903 | €203,968 | €282,629 | +€78,661 | +38.6% |
| Income taxes | 67/77 | €52,689 | €71,961 | +€19,272 | +36.6% |
| Profit (loss) for the period | 9904 | €151,280 | €210,668 | +€59,389 | +39.3% |
| Profit (loss) for the period to be appropriated | 9905 | €151,280 | €210,668 | +€59,389 | +39.3% |
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 30 September 2026 via checked.be.