NUVEM: 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.
NUVEM
Largest movements
- Tangible fixed assets -€34,368
down €34,368 (-51.1%), from €67,204 to €32,836
of which Leasing and similar rights: -€28,928
- Receivables within one year +€10,911
up €10,911 (+13.1%), from €83,571 to €94,482
of which Trade receivables: +€13,989
- Debts after one year -€24,032
down €24,032 (-95.1%), from €25,268 to €1,236
- Trade debts +€7,530
up €7,530 (+98.4%), from €7,653 to €15,182
- Profit (loss) carried forward -€2,712
down €2,712 (-7.6%), from €35,824 to €33,113
- Current portion of long-term debt -€2,183
down €2,183 (-8.3%), from €26,214 to €24,032
- Tax, wage and social debts -€1,737
down €1,737 (-15.3%), from €11,367 to €9,630
- Gross operating margin -€39,313
down €39,313 (-49.5%), from €79,453 to €40,139
- Depreciation -€7,085
down €7,085 (-17.1%), from €41,453 to €34,368
- Taxes +€3,355
new in 2022: €3,355
- Other operating charges +€2,468
up €2,468 (+521%), from €474 to €2,942
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €160,721 | €137,588 | -€23,133 | -14.4% |
| Fixed assets | 21/28 | €70,404 | €36,036 | -€34,368 | -48.8% |
| Tangible fixed assets | 22/27 | €67,204 | €32,836 | -€34,368 | -51.1% |
| Plant, machinery and equipment | 23 | €5,826 | €3,420 | -€2,407 | -41.3% |
| Furniture and vehicles | 24 | €4,080 | €2,040 | -€2,040 | -50.0% |
| Leasing and similar rights | 25 | €55,614 | €26,686 | -€28,928 | -52.0% |
| Other tangible fixed assets | 26 | €1,683 | €690 | -€993 | -59.0% |
| Financial fixed assets | 28 | €3,200 | €3,200 | = | 0.0% |
| Current assets | 29/58 | €90,317 | €101,552 | +€11,235 | +12.4% |
| Amounts receivable within one year | 40/41 | €83,571 | €94,482 | +€10,911 | +13.1% |
| Trade receivables | 40 | €53,281 | €67,270 | +€13,989 | +26.3% |
| Other amounts receivable | 41 | €30,290 | €27,212 | -€3,078 | -10.2% |
| Current investments | 50/53 | €4,000 | €4,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,746 | €3,071 | +€324 | +11.8% |
| Total equity and liabilities | 10/49 | €160,721 | €137,588 | -€23,133 | -14.4% |
| Equity | 10/15 | €61,779 | €59,068 | -€2,712 | -4.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €19,755 | €19,755 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €17,900 | €10,000 | -€7,900 | -44.1% |
| Distributable reserves | 133 | - | €7,900 | +€7,900 | |
| Profit (loss) carried forward | 14 | €35,824 | €33,113 | -€2,712 | -7.6% |
| Provisions and deferred taxes | 16 | €25,000 | €25,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €25,000 | €25,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable | 17/49 | €73,942 | €53,520 | -€20,422 | -27.6% |
| Amounts payable after more than one year | 17 | €25,268 | €1,236 | -€24,032 | -95.1% |
| Financial debts | 170/4 | €25,268 | €1,236 | -€24,032 | -95.1% |
| Amounts payable within one year | 42/48 | €48,674 | €52,284 | +€3,610 | +7.4% |
| Current portion of amounts payable after more than one year | 42 | €26,214 | €24,032 | -€2,183 | -8.3% |
| Trade debts | 44 | €7,653 | €15,182 | +€7,530 | +98.4% |
| Suppliers | 440/4 | €7,653 | €15,182 | +€7,530 | +98.4% |
| Taxes, remuneration and social security | 45 | €11,367 | €9,630 | -€1,737 | -15.3% |
| Taxes | 450/3 | €11,367 | €9,630 | -€1,737 | -15.3% |
| Other amounts payable | 47/48 | €3,441 | €3,441 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,453 | €34,368 | -€7,085 | -17.1% |
| Other operating charges | 640/8 | €474 | €2,942 | +€2,468 | +521% |
| Non-recurring operating charges | 66A | - | €2,990 | +€2,990 | |
| Gross operating margin | 9900 | €79,453 | €40,139 | -€39,313 | -49.5% |
| Operating profit (loss) | 9901 | €37,526 | -€160 | -€37,686 | |
| Financial income | 75/76B | €1,578 | €2,060 | +€482 | +30.5% |
| Recurring financial income | 75 | €1,578 | €2,060 | +€482 | +30.5% |
| Financial charges | 65/66B | €1,532 | €1,256 | -€276 | -18.0% |
| Recurring financial charges | 65 | €1,532 | €1,256 | -€276 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €37,572 | €644 | -€36,928 | -98.3% |
| Income taxes | 67/77 | - | €3,355 | +€3,355 | |
| Profit (loss) for the period | 9904 | €37,572 | -€2,712 | -€40,283 | |
| Transfer from tax-exempt reserves | 789 | - | €7,900 | +€7,900 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,572 | €5,188 | -€32,383 | -86.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2021 and 30 September 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.