NutsnBold: 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.
NutsnBold
Largest movements
- Financial fixed assets +€499,946
new in 2025: €499,946
- Cash +€43,597
up €43,597 (+58.5%), from €74,528 to €118,125
mainly Other debts (+€428,690) and Short-term financial debts (+€100,000)
- Tangible fixed assets -€34,946
no longer reported in 2025 (was €34,946)
- Other debts +€428,690
up €428,690 (+27,098%), from €1,582 to €430,272
- Short-term financial debts +€100,000
new in 2025: €100,000
- Profit (loss) carried forward -€79,145
no longer reported in 2025 (was €79,145)
- Reserves +€69,798
new in 2025: €69,798
- Current portion of long-term debt -€6,775
no longer reported in 2025 (was €6,775)
- Other operating charges +€11,166
up €11,166 (+1,121%), from €996 to €12,162
- Depreciation -€9,390
down €9,390 (-99.2%), from €9,464 to €74
- Gross operating margin -€5,985
down €5,985 (-57.4%), from €10,420 to €4,435
- Taxes -€1,952
down €1,952 (-77.6%), from €2,516 to €564
- Financial charges +€227
up €227 (+62.6%), from €362 to €589
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 | €119,746 | €624,248 | +€504,502 | +421% |
| Formation expenses | 20 | - | €1,124 | +€1,124 | |
| Fixed assets | 21/28 | €34,946 | €499,946 | +€465,000 | +1,331% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €34,946 | - | -€34,946 | |
| Furniture and vehicles | 24 | €34,946 | - | -€34,946 | |
| Financial fixed assets | 28 | - | €499,946 | +€499,946 | |
| Current assets | 29/58 | €84,800 | €123,177 | +€38,377 | +45.3% |
| Amounts receivable within one year | 40/41 | €8,162 | €5,053 | -€3,109 | -38.1% |
| Trade receivables | 40 | €8,162 | - | -€8,162 | |
| Other amounts receivable | 41 | - | €5,053 | +€5,053 | |
| Cash at bank and in hand | 54/58 | €74,528 | €118,125 | +€43,597 | +58.5% |
| Deferred charges and accrued income | 490/1 | €2,110 | - | -€2,110 | |
| Total equity and liabilities | 10/49 | €119,746 | €624,248 | +€504,502 | +421% |
| Equity | 10/15 | €99,605 | €90,258 | -€9,347 | -9.4% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | - | €69,798 | +€69,798 | |
| Distributable reserves | 133 | - | €69,798 | +€69,798 | |
| Profit (loss) carried forward | 14 | €79,145 | - | -€79,145 | |
| Amounts payable | 17/49 | €20,141 | €533,990 | +€513,849 | +2,551% |
| Amounts payable within one year | 42/48 | €20,141 | €533,160 | +€513,019 | +2,547% |
| Current portion of amounts payable after more than one year | 42 | €6,775 | - | -€6,775 | |
| Financial debts | 43 | - | €100,000 | +€100,000 | |
| Credit institutions | 430/8 | - | €100,000 | +€100,000 | |
| Trade debts | 44 | €3,670 | €1,072 | -€2,598 | -70.8% |
| Suppliers | 440/4 | €3,670 | €1,072 | -€2,598 | -70.8% |
| Taxes, remuneration and social security | 45 | €8,114 | €1,816 | -€6,298 | -77.6% |
| Taxes | 450/3 | €6,405 | €1,816 | -€4,589 | -71.6% |
| Remuneration and social security | 454/9 | €1,709 | - | -€1,709 | |
| Other amounts payable | 47/48 | €1,582 | €430,272 | +€428,690 | +27,098% |
| Accrued charges and deferred income | 492/3 | - | €829 | +€829 | |
| Non-recurring operating income | 76A | - | €100 | +€100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,464 | €74 | -€9,390 | -99.2% |
| Other operating charges | 640/8 | €996 | €12,162 | +€11,166 | +1,121% |
| Non-recurring operating charges | 66A | - | €405 | +€405 | |
| Gross operating margin | 9900 | €10,420 | €4,435 | -€5,985 | -57.4% |
| Operating profit (loss) | 9901 | -€40 | -€8,206 | -€8,166 | -20,414% |
| Financial income | 75/76B | - | €11 | +€11 | |
| Recurring financial income | 75 | - | €11 | +€11 | |
| Financial charges | 65/66B | €362 | €589 | +€227 | +62.6% |
| Recurring financial charges | 65 | €362 | €589 | +€227 | +62.6% |
| Profit (loss) for the period before taxes | 9903 | -€402 | -€8,783 | -€8,381 | -2,085% |
| Income taxes | 67/77 | €2,516 | €564 | -€1,952 | -77.6% |
| Profit (loss) for the period | 9904 | -€2,918 | -€9,347 | -€6,429 | -220% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,918 | -€9,347 | -€6,429 | -220% |
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.