NYSTO: 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.
NYSTO
Largest movements
- Current investments +€130,000
up €130,000 (+86.7%), from €150,000 to €280,000
- Receivables within one year -€38,830
down €38,830 (-100.0%), from €38,830 to €0
of which Trade receivables: -€37,210
- Tangible fixed assets +€31,470
up €31,470 (+3658.5%), from €860 to €32,331
of which Land and buildings: +€27,628
- Cash -€18,617
down €18,617 (-16.2%), from €114,863 to €96,247
mainly Current investments (-€130,000) and Investment in fixed assets (net) (-€34,939)
- Reserves +€127,074
up €127,074 (+28.8%), from €441,030 to €568,104
- Debts after one year -€17,518
down €17,518 (-13.6%), from €128,388 to €110,870
- Gross operating margin +€52,736
up €52,736 (+42.1%), from €125,122 to €177,858
- Taxes +€12,952
up €12,952 (+43.4%), from €29,845 to €42,797
- Depreciation +€3,147
up €3,147 (+977.6%), from €322 to €3,469
- Financial charges -€2,497
down €2,497 (-26.1%), from €9,574 to €7,077
of which Financial charges: -€2,497
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 | €594,555 | €699,088 | +€104,533 | +17.6% |
| Fixed assets | 21/28 | €290,860 | €322,331 | +€31,470 | +10.8% |
| Tangible fixed assets | 22/27 | €860 | €32,331 | +€31,470 | +3658.5% |
| Land and buildings | 22 | - | €27,628 | +€27,628 | |
| Furniture and vehicles | 24 | €860 | €4,703 | +€3,843 | +446.7% |
| Financial fixed assets | 28 | €290,000 | €290,000 | = | 0.0% |
| Current assets | 29/58 | €303,695 | €376,757 | +€73,063 | +24.1% |
| Amounts receivable within one year | 40/41 | €38,830 | €0 | -€38,830 | -100.0% |
| Trade receivables | 40 | €37,210 | €0 | -€37,210 | -100.0% |
| Other amounts receivable | 41 | €1,621 | €0 | -€1,621 | -100.0% |
| Current investments | 50/53 | €150,000 | €280,000 | +€130,000 | +86.7% |
| Cash at bank and in hand | 54/58 | €114,863 | €96,247 | -€18,617 | -16.2% |
| Deferred charges and accrued income | 490/1 | €1 | €511 | +€510 | +43194.9% |
| Total equity and liabilities | 10/49 | €594,555 | €699,088 | +€104,533 | +17.6% |
| Equity | 10/15 | €446,030 | €573,104 | +€127,074 | +28.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €441,030 | €568,104 | +€127,074 | +28.8% |
| Distributable reserves | 133 | €441,030 | €568,104 | +€127,074 | +28.8% |
| Amounts payable | 17/49 | €148,525 | €125,984 | -€22,540 | -15.2% |
| Amounts payable after more than one year | 17 | €128,388 | €110,870 | -€17,518 | -13.6% |
| Other amounts payable | 178/9 | €128,388 | €110,870 | -€17,518 | -13.6% |
| Amounts payable within one year | 42/48 | €20,136 | €15,114 | -€5,022 | -24.9% |
| Trade debts | 44 | €306 | €0 | -€306 | -100.0% |
| Suppliers | 440/4 | €306 | €0 | -€306 | -100.0% |
| Taxes, remuneration and social security | 45 | €13,174 | €15,114 | +€1,940 | +14.7% |
| Taxes | 450/3 | €13,174 | €15,114 | +€1,940 | +14.7% |
| Other amounts payable | 47/48 | €6,656 | €0 | -€6,656 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €322 | €3,469 | +€3,147 | +977.6% |
| Other operating charges | 640/8 | €880 | €613 | -€267 | -30.3% |
| Non-recurring operating charges | 66A | - | €860 | +€860 | |
| Gross operating margin | 9900 | €125,122 | €177,858 | +€52,736 | +42.1% |
| Operating profit (loss) | 9901 | €123,920 | €172,916 | +€48,996 | +39.5% |
| Financial income | 75/76B | €3,224 | €4,032 | +€808 | +25.1% |
| Recurring financial income | 75 | €3,224 | €4,032 | +€808 | +25.1% |
| Financial charges | 65/66B | €9,574 | €7,077 | -€2,497 | -26.1% |
| Recurring financial charges | 65 | €9,574 | €7,077 | -€2,497 | -26.1% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €117,570 | €169,870 | +€52,300 | +44.5% |
| Income taxes | 67/77 | €29,845 | €42,797 | +€12,952 | +43.4% |
| Profit (loss) for the period | 9904 | €87,725 | €127,074 | +€39,349 | +44.9% |
| Profit (loss) for the period to be appropriated | 9905 | €87,725 | €127,074 | +€39,349 | +44.9% |
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 12 October 2026 via checked.be.