NYLCO PROJECTS: what changed
Two fiscal 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.
NYLCO PROJECTS
Largest movements
- Deferred charges and accrued income +€26,990
up €26,990 (+111.2%), from €24,271 to €51,261
- Financial fixed assets +€26,250
new in 2025: €26,250
- Receivables within one year +€23,723
up €23,723 (+232.6%), from €10,201 to €33,924
of which Trade receivables: +€21,388
- Receivables after one year +€12,655
new in 2025: €12,655
- Stocks and contracts +€10,000
new in 2025: €10,000
- Debts after one year +€50,000
new in 2025: €50,000
- Reserves +€37,751
up €37,751 (+104.5%), from €36,139 to €73,890
- Trade debts +€11,985
up €11,985 (+13.0%), from €91,956 to €103,942
- Gross operating margin +€33,557
up €33,557 (+99.2%), from €33,814 to €67,372
- Taxes +€10,626
up €10,626 (+131.0%), from €8,110 to €18,736
- Depreciation +€1,863
up €1,863 (+40.5%), from €4,603 to €6,466
- Other operating charges +€1,265
up €1,265 (+57.8%), from €2,187 to €3,453
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 | €158,250 | €257,561 | +€99,311 | +62.8% |
| Fixed assets | 21/28 | €123,415 | €143,199 | +€19,784 | +16.0% |
| Tangible fixed assets | 22/27 | €123,415 | €116,949 | -€6,466 | -5.2% |
| Land and buildings | 22 | €100,000 | €100,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €2,207 | €1,652 | -€554 | -25.1% |
| Furniture and vehicles | 24 | €21,209 | €15,297 | -€5,912 | -27.9% |
| Financial fixed assets | 28 | - | €26,250 | +€26,250 | |
| Current assets | 29/58 | €34,835 | €114,361 | +€79,527 | +228.3% |
| Amounts receivable after more than one year | 29 | - | €12,655 | +€12,655 | |
| Other amounts receivable | 291 | - | €12,655 | +€12,655 | |
| Stocks and contracts in progress | 3 | - | €10,000 | +€10,000 | |
| Contracts in progress | 37 | - | €10,000 | +€10,000 | |
| Amounts receivable within one year | 40/41 | €10,201 | €33,924 | +€23,723 | +232.6% |
| Trade receivables | 40 | €9,987 | €31,374 | +€21,388 | +214.2% |
| Other amounts receivable | 41 | €214 | €2,550 | +€2,336 | +1090.4% |
| Cash at bank and in hand | 54/58 | €363 | €6,521 | +€6,158 | +1696.7% |
| Deferred charges and accrued income | 490/1 | €24,271 | €51,261 | +€26,990 | +111.2% |
| Total equity and liabilities | 10/49 | €158,250 | €257,561 | +€99,311 | +62.8% |
| Equity | 10/15 | €48,539 | €86,290 | +€37,751 | +77.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €36,139 | €73,890 | +€37,751 | +104.5% |
| Distributable reserves | 133 | €36,139 | €73,890 | +€37,751 | +104.5% |
| Amounts payable | 17/49 | €109,711 | €171,270 | +€61,560 | +56.1% |
| Amounts payable after more than one year | 17 | - | €50,000 | +€50,000 | |
| Financial debts | 170/4 | - | €50,000 | +€50,000 | |
| Amounts payable within one year | 42/48 | €109,711 | €121,270 | +€11,560 | +10.5% |
| Trade debts | 44 | €91,956 | €103,942 | +€11,985 | +13.0% |
| Suppliers | 440/4 | €91,956 | €103,942 | +€11,985 | +13.0% |
| Taxes, remuneration and social security | 45 | €16,645 | €17,329 | +€684 | +4.1% |
| Taxes | 450/3 | €16,645 | €17,329 | +€684 | +4.1% |
| Other amounts payable | 47/48 | €1,109 | - | -€1,109 | |
| Non-recurring operating income | 76A | - | €9,222 | +€9,222 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,603 | €6,466 | +€1,863 | +40.5% |
| Other operating charges | 640/8 | €2,187 | €3,453 | +€1,265 | +57.8% |
| Non-recurring operating charges | 66A | €17,367 | - | -€17,367 | |
| Gross operating margin | 9900 | €33,814 | €67,372 | +€33,557 | +99.2% |
| Operating profit (loss) | 9901 | €9,657 | €57,453 | +€47,796 | +495.0% |
| Financial income | 75/76B | €1 | €0 | -€1 | -77.1% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -77.1% |
| Financial charges | 65/66B | €554 | €966 | +€413 | +74.5% |
| Recurring financial charges | 65 | €554 | €966 | +€413 | +74.5% |
| Profit (loss) for the period before taxes | 9903 | €9,104 | €56,487 | +€47,383 | +520.5% |
| Income taxes | 67/77 | €8,110 | €18,736 | +€10,626 | +131.0% |
| Profit (loss) for the period | 9904 | €994 | €37,751 | +€36,758 | +3698.8% |
| Profit (loss) for the period to be appropriated | 9905 | €994 | €37,751 | +€36,758 | +3698.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.