Nuvolau: 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.
Nuvolau
Largest movements
- Receivables within one year +€13,779
up €13,779 (+51.1%), from €26,940 to €40,718
of which Trade receivables: +€8,287
- Cash +€13,499
up €13,499 (+37.1%), from €36,376 to €49,875
mainly Net result for the year (+€26,386) and Trade debts (+€1,635)
- Profit (loss) carried forward +€26,386
up €26,386 (+58.5%), from €45,095 to €71,481
- Trade debts +€1,635
up €1,635 (+185%), from €885 to €2,521
- Tax, wage and social debts -€1,133
down €1,133 (-6.4%), from €17,761 to €16,628
- Gross operating margin -€19,929
down €19,929 (-33.2%), from €59,999 to €40,070
- Taxes -€2,856
down €2,856 (-20.8%), from €13,730 to €10,874
- Financial charges +€1,870
up €1,870 (+3,310%), from €57 to €1,927
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 | €65,742 | €92,630 | +€26,888 | +40.9% |
| Fixed assets | 21/28 | €1,640 | €1,677 | +€37 | +2.2% |
| Tangible fixed assets | 22/27 | €1,640 | €1,677 | +€37 | +2.2% |
| Furniture and vehicles | 24 | €1,640 | €1,677 | +€37 | +2.2% |
| Current assets | 29/58 | €64,102 | €90,953 | +€26,852 | +41.9% |
| Amounts receivable within one year | 40/41 | €26,940 | €40,718 | +€13,779 | +51.1% |
| Trade receivables | 40 | €18,238 | €26,525 | +€8,287 | +45.4% |
| Other amounts receivable | 41 | €8,701 | €14,194 | +€5,492 | +63.1% |
| Cash at bank and in hand | 54/58 | €36,376 | €49,875 | +€13,499 | +37.1% |
| Deferred charges and accrued income | 490/1 | €786 | €360 | -€426 | -54.2% |
| Total equity and liabilities | 10/49 | €65,742 | €92,630 | +€26,888 | +40.9% |
| Equity | 10/15 | €47,095 | €73,481 | +€26,386 | +56.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,095 | €71,481 | +€26,386 | +58.5% |
| Amounts payable | 17/49 | €18,647 | €19,149 | +€502 | +2.7% |
| Amounts payable within one year | 42/48 | €18,647 | €19,149 | +€502 | +2.7% |
| Trade debts | 44 | €885 | €2,521 | +€1,635 | +185% |
| Suppliers | 440/4 | €885 | €2,521 | +€1,635 | +185% |
| Taxes, remuneration and social security | 45 | €17,761 | €16,628 | -€1,133 | -6.4% |
| Taxes | 450/3 | €17,761 | €16,628 | -€1,133 | -6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,008 | €745 | -€263 | -26.1% |
| Other operating charges | 640/8 | €609 | €759 | +€150 | +24.6% |
| Gross operating margin | 9900 | €59,999 | €40,070 | -€19,929 | -33.2% |
| Operating profit (loss) | 9901 | €58,382 | €38,567 | -€19,815 | -33.9% |
| Financial income | 75/76B | €500 | €620 | +€120 | +24.1% |
| Recurring financial income | 75 | €500 | €620 | +€120 | +24.1% |
| Financial charges | 65/66B | €57 | €1,927 | +€1,870 | +3,310% |
| Recurring financial charges | 65 | €57 | €1,927 | +€1,870 | +3,310% |
| Profit (loss) for the period before taxes | 9903 | €58,825 | €37,260 | -€21,565 | -36.7% |
| Income taxes | 67/77 | €13,730 | €10,874 | -€2,856 | -20.8% |
| Profit (loss) for the period | 9904 | €45,095 | €26,386 | -€18,709 | -41.5% |
| Profit (loss) for the period to be appropriated | 9905 | €45,095 | €26,386 | -€18,709 | -41.5% |
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.