Nxt Steps: 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.
Nxt Steps
Largest movements
- Stocks and contracts -€72,341
down €72,341 (-100%), from €72,341 to €0
- Tangible fixed assets -€51,567
down €51,567 (-36.1%), from €142,870 to €91,303
- Cash +€39,272
up €39,272 (+115%), from €34,273 to €73,545
mainly Stocks and contracts (+€72,341) and Investment in fixed assets (net) (+€33,591)
- Receivables within one year +€17,237
up €17,237 (+176%), from €9,771 to €27,008
of which Other amounts receivable: +€11,541
- Current investments +€11,165
up €11,165 (+13.4%), from €83,517 to €94,682
- Tax, wage and social debts -€23,457
down €23,457 (-79.9%), from €29,355 to €5,898
of which Taxes: -€20,763
- Reserves +€22,052
up €22,052 (+12.9%), from €170,772 to €192,824
- Other debts -€17,756
down €17,756 (-56.9%), from €31,193 to €13,437
- Debts after one year -€15,621
down €15,621 (-24.6%), from €63,414 to €47,793
- Accrued charges and deferred income -€14,144
down €14,144 (-100%), from €14,144 to €0
- Gross operating margin -€16,402
down €16,402 (-12.4%), from €131,786 to €115,384
- Taxes -€10,713
down €10,713 (-46.3%), from €23,155 to €12,442
- Depreciation -€9,017
down €9,017 (-33.4%), from €26,994 to €17,976
- Staff costs -€5,728
down €5,728 (-15.9%), from €36,093 to €30,365
- Financial income -€3,582
down €3,582 (-35.4%), from €10,130 to €6,549
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 | €346,743 | €291,305 | -€55,438 | -16.0% |
| Fixed assets | 21/28 | €144,520 | €92,953 | -€51,567 | -35.7% |
| Tangible fixed assets | 22/27 | €142,870 | €91,303 | -€51,567 | -36.1% |
| Land and buildings | 22 | €92,747 | €75,151 | -€17,596 | -19.0% |
| Plant, machinery and equipment | 23 | €6,512 | €0 | -€6,512 | -100% |
| Furniture and vehicles | 24 | €36,345 | €16,152 | -€20,194 | -55.6% |
| Other tangible fixed assets | 26 | €7,266 | €0 | -€7,266 | -100% |
| Financial fixed assets | 28 | €1,650 | €1,650 | = | 0.0% |
| Current assets | 29/58 | €202,223 | €198,353 | -€3,870 | -1.9% |
| Stocks and contracts in progress | 3 | €72,341 | €0 | -€72,341 | -100% |
| Stocks | 30/36 | €72,341 | €0 | -€72,341 | -100% |
| Amounts receivable within one year | 40/41 | €9,771 | €27,008 | +€17,237 | +176% |
| Trade receivables | 40 | €9,771 | €15,466 | +€5,696 | +58.3% |
| Other amounts receivable | 41 | - | €11,541 | +€11,541 | |
| Current investments | 50/53 | €83,517 | €94,682 | +€11,165 | +13.4% |
| Cash at bank and in hand | 54/58 | €34,273 | €73,545 | +€39,272 | +115% |
| Deferred charges and accrued income | 490/1 | €2,322 | €3,119 | +€797 | +34.3% |
| Total equity and liabilities | 10/49 | €346,743 | €291,305 | -€55,438 | -16.0% |
| Equity | 10/15 | €182,522 | €204,574 | +€22,052 | +12.1% |
| Contributions | 10/11 | €11,750 | €11,750 | = | 0.0% |
| Reserves | 13 | €170,772 | €192,824 | +€22,052 | +12.9% |
| Distributable reserves | 133 | €170,772 | €192,824 | +€22,052 | +12.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €164,221 | €86,731 | -€77,490 | -47.2% |
| Amounts payable after more than one year | 17 | €63,414 | €47,793 | -€15,621 | -24.6% |
| Financial debts | 170/4 | €63,414 | €47,793 | -€15,621 | -24.6% |
| Amounts payable within one year | 42/48 | €86,663 | €38,938 | -€47,726 | -55.1% |
| Current portion of amounts payable after more than one year | 42 | €16,713 | €17,136 | +€423 | +2.5% |
| Trade debts | 44 | €9,402 | €2,467 | -€6,934 | -73.8% |
| Suppliers | 440/4 | €9,402 | €2,467 | -€6,934 | -73.8% |
| Taxes, remuneration and social security | 45 | €29,355 | €5,898 | -€23,457 | -79.9% |
| Taxes | 450/3 | €26,661 | €5,898 | -€20,763 | -77.9% |
| Remuneration and social security | 454/9 | €2,695 | €0 | -€2,695 | -100% |
| Other amounts payable | 47/48 | €31,193 | €13,437 | -€17,756 | -56.9% |
| Accrued charges and deferred income | 492/3 | €14,144 | €0 | -€14,144 | -100% |
| Remuneration, social security and pensions | 62 | €36,093 | €30,365 | -€5,728 | -15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,994 | €17,976 | -€9,017 | -33.4% |
| Other operating charges | 640/8 | €2,924 | €2,992 | +€68 | +2.3% |
| Non-recurring operating charges | 66A | - | €33,591 | +€33,591 | |
| Gross operating margin | 9900 | €131,786 | €115,384 | -€16,402 | -12.4% |
| Operating profit (loss) | 9901 | €65,776 | €30,460 | -€35,316 | -53.7% |
| Financial income | 75/76B | €10,130 | €6,549 | -€3,582 | -35.4% |
| Recurring financial income | 75 | €10,130 | €6,549 | -€3,582 | -35.4% |
| Financial charges | 65/66B | €3,202 | €2,515 | -€687 | -21.5% |
| Recurring financial charges | 65 | €3,202 | €2,515 | -€687 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €72,704 | €34,494 | -€38,210 | -52.6% |
| Income taxes | 67/77 | €23,155 | €12,442 | -€10,713 | -46.3% |
| Profit (loss) for the period | 9904 | €49,549 | €22,052 | -€27,497 | -55.5% |
| Profit (loss) for the period to be appropriated | 9905 | €49,549 | €22,052 | -€27,497 | -55.5% |
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.