REDERIJ NELE: 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.
REDERIJ NELE
Largest movements
- Receivables after one year -€150,000
down €150,000 (-21.4%), from €700,000 to €550,000
- Receivables within one year +€29,367
up €29,367 (+14.5%), from €203,133 to €232,500
- Cash -€18,176
down €18,176 (-22.0%), from €82,496 to €64,320
mainly Other debts (-€115,000) and Receivables within one year (-€29,367)
- Other debts -€115,000
no longer reported in 2025 (was €115,000)
- Profit (loss) carried forward -€15,014
down €15,014 (-2.0%), from -€754,245 to -€769,259
- Staff costs -€13,461
no longer reported in 2025 (was €13,461)
- Gross operating margin +€12,619
up €12,619 (+50.3%), from -€25,092 to -€12,474
- Financial charges -€5,281
down €5,281 (-96.4%), from €5,478 to €197
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 | €985,629 | €846,820 | -€138,809 | -14.1% |
| Current assets | 29/58 | €985,629 | €846,820 | -€138,809 | -14.1% |
| Amounts receivable after more than one year | 29 | €700,000 | €550,000 | -€150,000 | -21.4% |
| Other amounts receivable | 291 | €700,000 | €550,000 | -€150,000 | -21.4% |
| Amounts receivable within one year | 40/41 | €203,133 | €232,500 | +€29,367 | +14.5% |
| Other amounts receivable | 41 | €203,133 | €232,500 | +€29,367 | +14.5% |
| Cash at bank and in hand | 54/58 | €82,496 | €64,320 | -€18,176 | -22.0% |
| Total equity and liabilities | 10/49 | €985,629 | €846,820 | -€138,809 | -14.1% |
| Equity | 10/15 | €861,014 | €846,000 | -€15,014 | -1.7% |
| Contributions | 10/11 | €1,154,732 | €1,154,732 | = | 0.0% |
| Reserves | 13 | €460,527 | €460,527 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,511 | €25,511 | = | 0.0% |
| Reserves not available under the articles | 1311 | €25,511 | €25,511 | = | 0.0% |
| Distributable reserves | 133 | €435,016 | €435,016 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€754,245 | -€769,259 | -€15,014 | -2.0% |
| Amounts payable | 17/49 | €124,614 | €819 | -€123,795 | -99.3% |
| Amounts payable within one year | 42/48 | €124,614 | €819 | -€123,795 | -99.3% |
| Trade debts | 44 | €9,614 | €819 | -€8,795 | -91.5% |
| Suppliers | 440/4 | €9,614 | €819 | -€8,795 | -91.5% |
| Other amounts payable | 47/48 | €115,000 | - | -€115,000 | |
| Remuneration, social security and pensions | 62 | €13,461 | - | -€13,461 | |
| Other operating charges | 640/8 | €1,269 | €1,182 | -€87 | -6.8% |
| Non-recurring operating charges | 66A | - | €1,161 | +€1,161 | |
| Gross operating margin | 9900 | -€25,092 | -€12,474 | +€12,619 | +50.3% |
| Operating profit (loss) | 9901 | -€39,822 | -€14,817 | +€25,005 | +62.8% |
| Financial income | 75/76B | €7 | - | -€7 | |
| Recurring financial income | 75 | €7 | - | -€7 | |
| Financial charges | 65/66B | €5,478 | €197 | -€5,281 | -96.4% |
| Recurring financial charges | 65 | €5,478 | €197 | -€5,281 | -96.4% |
| Profit (loss) for the period before taxes | 9903 | -€45,293 | -€15,014 | +€30,279 | +66.9% |
| Profit (loss) for the period | 9904 | -€45,293 | -€15,014 | +€30,279 | +66.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€45,293 | -€15,014 | +€30,279 | +66.9% |
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 25 October 2026 via checked.be.