NUYTS HEREN: 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.
NUYTS HEREN
Largest movements
- Stocks and contracts +€19,160
up €19,160 (+7.1%), from €271,464 to €290,625
- Cash -€6,083
down €6,083 (-44.0%), from €13,820 to €7,737
mainly Stocks and contracts (-€19,160) and Other debts (-€10,516)
- Receivables within one year +€3,408
up €3,408 (+66.3%), from €5,138 to €8,546
of which Trade receivables: +€4,687
- Other debts -€10,516
down €10,516 (-6.8%), from €154,385 to €143,869
- Trade debts +€8,814
up €8,814 (+33.5%), from €26,297 to €35,110
- Tax, wage and social debts +€8,427
up €8,427 (+28.0%), from €30,077 to €38,504
of which Taxes: +€7,701
- Accrued charges and deferred income +€7,970
up €7,970 (+32.7%), from €24,342 to €32,313
- Staff costs -€41,604
down €41,604 (-19.4%), from €214,803 to €173,199
- Gross operating margin -€37,994
down €37,994 (-17.1%), from €221,571 to €183,577
- Depreciation -€2,342
down €2,342 (-58.2%), from €4,026 to €1,684
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 | €299,683 | €313,279 | +€13,596 | +4.5% |
| Fixed assets | 21/28 | €4,648 | €2,963 | -€1,684 | -36.2% |
| Tangible fixed assets | 22/27 | €4,648 | €2,963 | -€1,684 | -36.2% |
| Land and buildings | 22 | €0 | - | -€0 | |
| Plant, machinery and equipment | 23 | €3,969 | €2,587 | -€1,382 | -34.8% |
| Furniture and vehicles | 24 | €679 | €376 | -€303 | -44.6% |
| Current assets | 29/58 | €295,036 | €310,316 | +€15,280 | +5.2% |
| Stocks and contracts in progress | 3 | €271,464 | €290,625 | +€19,160 | +7.1% |
| Stocks | 30/36 | €271,464 | €290,625 | +€19,160 | +7.1% |
| Amounts receivable within one year | 40/41 | €5,138 | €8,546 | +€3,408 | +66.3% |
| Trade receivables | 40 | €1,041 | €5,728 | +€4,687 | +450% |
| Other amounts receivable | 41 | €4,097 | €2,818 | -€1,280 | -31.2% |
| Cash at bank and in hand | 54/58 | €13,820 | €7,737 | -€6,083 | -44.0% |
| Deferred charges and accrued income | 490/1 | €4,613 | €3,408 | -€1,205 | -26.1% |
| Total equity and liabilities | 10/49 | €299,683 | €313,279 | +€13,596 | +4.5% |
| Equity | 10/15 | -€60,418 | -€61,517 | -€1,099 | -1.8% |
| Contributions | 10/11 | €504,520 | €504,520 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€564,938 | -€566,037 | -€1,099 | -0.2% |
| Amounts payable | 17/49 | €360,102 | €374,796 | +€14,694 | +4.1% |
| Amounts payable within one year | 42/48 | €335,759 | €342,483 | +€6,724 | +2.0% |
| Financial debts | 43 | €125,000 | €125,000 | = | 0.0% |
| Credit institutions | 430/8 | €125,000 | €125,000 | = | 0.0% |
| Trade debts | 44 | €26,297 | €35,110 | +€8,814 | +33.5% |
| Suppliers | 440/4 | €26,297 | €35,110 | +€8,814 | +33.5% |
| Taxes, remuneration and social security | 45 | €30,077 | €38,504 | +€8,427 | +28.0% |
| Taxes | 450/3 | €10,682 | €18,383 | +€7,701 | +72.1% |
| Remuneration and social security | 454/9 | €19,395 | €20,121 | +€726 | +3.7% |
| Other amounts payable | 47/48 | €154,385 | €143,869 | -€10,516 | -6.8% |
| Accrued charges and deferred income | 492/3 | €24,342 | €32,313 | +€7,970 | +32.7% |
| Non-recurring operating income | 76A | €12,670 | - | -€12,670 | |
| Remuneration, social security and pensions | 62 | €214,803 | €173,199 | -€41,604 | -19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,026 | €1,684 | -€2,342 | -58.2% |
| Other operating charges | 640/8 | €849 | €520 | -€329 | -38.8% |
| Gross operating margin | 9900 | €221,571 | €183,577 | -€37,994 | -17.1% |
| Operating profit (loss) | 9901 | €1,893 | €8,174 | +€6,281 | +332% |
| Financial income | 75/76B | €1,608 | €2,584 | +€976 | +60.7% |
| Recurring financial income | 75 | €1,608 | €2,584 | +€976 | +60.7% |
| Financial charges | 65/66B | €13,297 | €11,662 | -€1,636 | -12.3% |
| Recurring financial charges | 65 | €13,297 | €11,662 | -€1,636 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,797 | -€904 | +€8,893 | +90.8% |
| Income taxes | 67/77 | €429 | €195 | -€234 | -54.6% |
| Profit (loss) for the period | 9904 | -€10,226 | -€1,099 | +€9,127 | +89.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,226 | -€1,099 | +€9,127 | +89.3% |
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 30 October 2026 via checked.be.