NYDE: 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.
NYDE
Largest movements
- Cash -€67,840
down €67,840 (-79.6%), from €85,220 to €17,380
mainly Receivables within one year (-€35,014) and Other debts (-€34,756)
- Receivables within one year +€35,014
up €35,014 (+45.3%), from €77,306 to €112,321
of which Trade receivables: +€33,365
- Other debts -€34,756
down €34,756 (-72.8%), from €47,756 to €13,000
- Tax, wage and social debts -€6,103
down €6,103 (-58.3%), from €10,469 to €4,366
- Accrued charges and deferred income +€5,713
new in 2025: €5,713
- Gross operating margin -€92,461
down €92,461 (-82.5%), from €112,142 to €19,681
- Taxes -€1,158
down €1,158 (-21.0%), from €5,524 to €4,366
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 | €164,993 | €130,962 | -€34,031 | -20.6% |
| Fixed assets | 21/28 | €1,904 | €994 | -€910 | -47.8% |
| Tangible fixed assets | 22/27 | €1,850 | €940 | -€910 | -49.2% |
| Furniture and vehicles | 24 | €1,850 | €940 | -€910 | -49.2% |
| Financial fixed assets | 28 | €54 | €54 | = | 0.0% |
| Current assets | 29/58 | €163,090 | €129,968 | -€33,122 | -20.3% |
| Amounts receivable within one year | 40/41 | €77,306 | €112,321 | +€35,014 | +45.3% |
| Trade receivables | 40 | €76,830 | €110,195 | +€33,365 | +43.4% |
| Other amounts receivable | 41 | €476 | €2,126 | +€1,649 | +346.2% |
| Cash at bank and in hand | 54/58 | €85,220 | €17,380 | -€67,840 | -79.6% |
| Deferred charges and accrued income | 490/1 | €563 | €267 | -€296 | -52.5% |
| Total equity and liabilities | 10/49 | €164,993 | €130,962 | -€34,031 | -20.6% |
| Equity | 10/15 | €106,054 | €106,351 | +€297 | +0.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €5,266 | €5,940 | +€674 | +12.8% |
| Non-distributable reserves | 130/1 | €5,266 | €5,940 | +€674 | +12.8% |
| Legal reserve | 130 | €5,266 | €5,940 | +€674 | +12.8% |
| Profit (loss) carried forward | 14 | €788 | €411 | -€377 | -47.8% |
| Amounts payable | 17/49 | €58,939 | €24,610 | -€34,329 | -58.2% |
| Amounts payable within one year | 42/48 | €58,939 | €18,897 | -€40,042 | -67.9% |
| Trade debts | 44 | €714 | €1,531 | +€817 | +114.4% |
| Suppliers | 440/4 | €714 | €1,531 | +€817 | +114.4% |
| Taxes, remuneration and social security | 45 | €10,469 | €4,366 | -€6,103 | -58.3% |
| Taxes | 450/3 | €10,469 | €4,366 | -€6,103 | -58.3% |
| Other amounts payable | 47/48 | €47,756 | €13,000 | -€34,756 | -72.8% |
| Accrued charges and deferred income | 492/3 | - | €5,713 | +€5,713 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €832 | €910 | +€78 | +9.4% |
| Other operating charges | 640/8 | €83 | €480 | +€397 | +478.7% |
| Gross operating margin | 9900 | €112,142 | €19,681 | -€92,461 | -82.5% |
| Operating profit (loss) | 9901 | €111,227 | €18,291 | -€92,936 | -83.6% |
| Financial charges | 65/66B | €392 | €628 | +€236 | +60.3% |
| Recurring financial charges | 65 | €392 | €628 | +€236 | +60.3% |
| Profit (loss) for the period before taxes | 9903 | €110,836 | €17,663 | -€93,172 | -84.1% |
| Income taxes | 67/77 | €5,524 | €4,366 | -€1,158 | -21.0% |
| Profit (loss) for the period | 9904 | €105,312 | €13,297 | -€92,015 | -87.4% |
| Profit (loss) for the period to be appropriated | 9905 | €105,312 | €13,297 | -€92,015 | -87.4% |
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 9 October 2026 via checked.be.