NUVUS: 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.
NUVUS
Largest movements
- Current investments +€94,420
up €94,420 (+62.1%), from €152,073 to €246,493
- Cash -€92,469
down €92,469 (-55.7%), from €166,021 to €73,552
mainly Current investments (-€94,420) and Tax, wage and social debts (-€44,937)
- Receivables within one year -€14,054
down €14,054 (-58.4%), from €24,063 to €10,009
of which Trade receivables: -€23,731
- Tax, wage and social debts -€44,937
down €44,937 (-87.2%), from €51,534 to €6,597
of which Taxes: -€44,949
- Reserves +€36,826
up €36,826 (+12.3%), from €300,402 to €337,228
- Gross operating margin -€106,390
down €106,390 (-63.7%), from €166,900 to €60,510
- Taxes -€22,092
down €22,092 (-60.1%), from €36,787 to €14,695
- Depreciation +€1,810
up €1,810 (+35.3%), from €5,130 to €6,941
- Other operating charges +€1,768
up €1,768 (+1498.0%), from €118 to €1,886
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 | €359,506 | €348,234 | -€11,272 | -3.1% |
| Fixed assets | 21/28 | €17,329 | €18,181 | +€852 | +4.9% |
| Tangible fixed assets | 22/27 | €17,079 | €17,931 | +€852 | +5.0% |
| Plant, machinery and equipment | 23 | €3,292 | €2,189 | -€1,103 | -33.5% |
| Furniture and vehicles | 24 | €3,532 | €2,190 | -€1,342 | -38.0% |
| Other tangible fixed assets | 26 | €10,255 | €13,552 | +€3,297 | +32.1% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €342,177 | €330,054 | -€12,123 | -3.5% |
| Amounts receivable within one year | 40/41 | €24,063 | €10,009 | -€14,054 | -58.4% |
| Trade receivables | 40 | €24,063 | €332 | -€23,731 | -98.6% |
| Other amounts receivable | 41 | - | €9,677 | +€9,677 | |
| Current investments | 50/53 | €152,073 | €246,493 | +€94,420 | +62.1% |
| Cash at bank and in hand | 54/58 | €166,021 | €73,552 | -€92,469 | -55.7% |
| Deferred charges and accrued income | 490/1 | €21 | €0 | -€21 | -100.0% |
| Total equity and liabilities | 10/49 | €359,506 | €348,234 | -€11,272 | -3.1% |
| Equity | 10/15 | €303,402 | €340,228 | +€36,826 | +12.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €300,402 | €337,228 | +€36,826 | +12.3% |
| Distributable reserves | 133 | €300,402 | €337,228 | +€36,826 | +12.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €56,104 | €8,006 | -€48,098 | -85.7% |
| Amounts payable within one year | 42/48 | €55,579 | €8,006 | -€47,573 | -85.6% |
| Trade debts | 44 | €2,989 | €1,116 | -€1,873 | -62.7% |
| Suppliers | 440/4 | €2,989 | €1,116 | -€1,873 | -62.7% |
| Taxes, remuneration and social security | 45 | €51,534 | €6,597 | -€44,937 | -87.2% |
| Taxes | 450/3 | €48,632 | €3,683 | -€44,949 | -92.4% |
| Remuneration and social security | 454/9 | €2,902 | €2,914 | +€12 | +0.4% |
| Other amounts payable | 47/48 | €1,056 | €293 | -€763 | -72.2% |
| Accrued charges and deferred income | 492/3 | €525 | €0 | -€525 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,130 | €6,941 | +€1,810 | +35.3% |
| Other operating charges | 640/8 | €118 | €1,886 | +€1,768 | +1498.0% |
| Gross operating margin | 9900 | €166,900 | €60,510 | -€106,390 | -63.7% |
| Operating profit (loss) | 9901 | €161,652 | €51,684 | -€109,968 | -68.0% |
| Financial income | 75/76B | €1,407 | €807 | -€600 | -42.6% |
| Recurring financial income | 75 | €1,407 | €807 | -€600 | -42.6% |
| Financial charges | 65/66B | €1,194 | €970 | -€224 | -18.8% |
| Recurring financial charges | 65 | €1,194 | €970 | -€224 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €161,865 | €51,521 | -€110,344 | -68.2% |
| Income taxes | 67/77 | €36,787 | €14,695 | -€22,092 | -60.1% |
| Profit (loss) for the period | 9904 | €125,078 | €36,826 | -€88,252 | -70.6% |
| Profit (loss) for the period to be appropriated | 9905 | €125,078 | €36,826 | -€88,252 | -70.6% |
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 11 October 2026 via checked.be.