NXO: 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.
NXO
Largest movements
- Receivables within one year +€8,400
up €8,400 (+164%), from €5,121 to €13,521
- Cash -€867
down €867 (-50.5%), from €1,716 to €849
mainly Receivables within one year (-€8,400) and Other debts (-€1,304)
- Profit (loss) carried forward +€6,489
up €6,489 (+28.2%), from -€22,997 to -€16,507
- Tax, wage and social debts +€2,240
up €2,240 (+34.4%), from €6,509 to €8,749
of which Taxes: +€2,010
- Contributions +€1,855
up €1,855 (+10.0%), from €18,550 to €20,405
- Reserves -€1,855
no longer reported in 2025 (was €1,855)
- Other debts -€1,304
down €1,304 (-58.1%), from €2,245 to €941
- Gross operating margin +€10,566
up €10,566 (+30.5%), from €34,611 to €45,177
- Staff costs +€1,916
up €1,916 (+5.3%), from €36,216 to €38,132
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 | €6,948 | €14,588 | +€7,640 | +110% |
| Current assets | 29/58 | €6,948 | €14,588 | +€7,640 | +110% |
| Amounts receivable within one year | 40/41 | €5,121 | €13,521 | +€8,400 | +164% |
| Trade receivables | 40 | €5,121 | €13,521 | +€8,400 | +164% |
| Cash at bank and in hand | 54/58 | €1,716 | €849 | -€867 | -50.5% |
| Deferred charges and accrued income | 490/1 | €111 | €218 | +€108 | +97.5% |
| Total equity and liabilities | 10/49 | €6,948 | €14,588 | +€7,640 | +110% |
| Equity | 10/15 | -€2,592 | €3,898 | +€6,489 | |
| Contributions | 10/11 | €18,550 | €20,405 | +€1,855 | +10.0% |
| Reserves | 13 | €1,855 | - | -€1,855 | |
| Non-distributable reserves | 130/1 | €1,855 | - | -€1,855 | |
| Reserves not available under the articles | 1311 | €1,855 | - | -€1,855 | |
| Profit (loss) carried forward | 14 | -€22,997 | -€16,507 | +€6,489 | +28.2% |
| Amounts payable | 17/49 | €9,540 | €10,691 | +€1,151 | +12.1% |
| Amounts payable within one year | 42/48 | €9,540 | €10,691 | +€1,151 | +12.1% |
| Trade debts | 44 | €786 | €1,000 | +€214 | +27.3% |
| Suppliers | 440/4 | €786 | €1,000 | +€214 | +27.3% |
| Taxes, remuneration and social security | 45 | €6,509 | €8,749 | +€2,240 | +34.4% |
| Taxes | 450/3 | €908 | €2,917 | +€2,010 | +221% |
| Remuneration and social security | 454/9 | €5,601 | €5,832 | +€231 | +4.1% |
| Other amounts payable | 47/48 | €2,245 | €941 | -€1,304 | -58.1% |
| Remuneration, social security and pensions | 62 | €36,216 | €38,132 | +€1,916 | +5.3% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €34,611 | €45,177 | +€10,566 | +30.5% |
| Operating profit (loss) | 9901 | -€1,992 | €6,645 | +€8,638 | |
| Financial charges | 65/66B | €164 | €156 | -€9 | -5.2% |
| Recurring financial charges | 65 | €164 | €156 | -€9 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,157 | €6,489 | +€8,646 | |
| Profit (loss) for the period | 9904 | -€2,157 | €6,489 | +€8,646 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,157 | €6,489 | +€8,646 |
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 23 October 2026 via checked.be.