VAN NUFFELEN: 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.
VAN NUFFELEN
Largest movements
- Receivables within one year -€14,911
down €14,911 (-27.4%), from €54,393 to €39,482
of which Trade receivables: -€11,730
- Stocks and contracts -€5,953
down €5,953 (-91.1%), from €6,537 to €584
- Tangible fixed assets -€1,940
down €1,940 (-6.1%), from €31,667 to €29,727
of which Other tangible fixed assets: -€3,472
- Other debts -€14,619
down €14,619 (-6.0%), from €243,977 to €229,358
- Trade debts -€9,311
down €9,311 (-99.0%), from €9,408 to €97
- Profit (loss) carried forward -€5,257
down €5,257 (-2.7%), from -€191,594 to -€196,851
- Current portion of long-term debt +€4,650
up €4,650 (+42.3%), from €11,000 to €15,650
- Tax, wage and social debts +€1,962
up €1,962 (+605.1%), from €324 to €2,287
- Gross operating margin +€7,447
up €7,447, from -€5,887 to €1,559
- Other operating charges -€952
down €952 (-41.5%), from €2,296 to €1,344
- Financial charges +€75
up €75 (+16.2%), from €461 to €536
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 | €93,575 | €71,001 | -€22,574 | -24.1% |
| Fixed assets | 21/28 | €32,577 | €30,637 | -€1,940 | -6.0% |
| Tangible fixed assets | 22/27 | €31,667 | €29,727 | -€1,940 | -6.1% |
| Land and buildings | 22 | €3,946 | €2,960 | -€987 | -25.0% |
| Plant, machinery and equipment | 23 | €125 | €0 | -€125 | -100.0% |
| Furniture and vehicles | 24 | €0 | €2,644 | +€2,644 | |
| Other tangible fixed assets | 26 | €27,595 | €24,123 | -€3,472 | -12.6% |
| Financial fixed assets | 28 | €910 | €910 | = | 0.0% |
| Current assets | 29/58 | €60,998 | €40,363 | -€20,635 | -33.8% |
| Stocks and contracts in progress | 3 | €6,537 | €584 | -€5,953 | -91.1% |
| Stocks | 30/36 | €6,537 | €584 | -€5,953 | -91.1% |
| Amounts receivable within one year | 40/41 | €54,393 | €39,482 | -€14,911 | -27.4% |
| Trade receivables | 40 | €19,426 | €7,697 | -€11,730 | -60.4% |
| Other amounts receivable | 41 | €34,967 | €31,785 | -€3,182 | -9.1% |
| Cash at bank and in hand | 54/58 | €68 | €297 | +€229 | +339.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €93,575 | €71,001 | -€22,574 | -24.1% |
| Equity | 10/15 | -€171,134 | -€176,391 | -€5,257 | -3.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€191,594 | -€196,851 | -€5,257 | -2.7% |
| Amounts payable | 17/49 | €264,709 | €247,391 | -€17,318 | -6.5% |
| Amounts payable within one year | 42/48 | €264,709 | €247,391 | -€17,318 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €11,000 | €15,650 | +€4,650 | +42.3% |
| Trade debts | 44 | €9,408 | €97 | -€9,311 | -99.0% |
| Suppliers | 440/4 | €9,408 | €97 | -€9,311 | -99.0% |
| Taxes, remuneration and social security | 45 | €324 | €2,287 | +€1,962 | +605.1% |
| Taxes | 450/3 | €324 | €2,287 | +€1,962 | +605.1% |
| Other amounts payable | 47/48 | €243,977 | €229,358 | -€14,619 | -6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,920 | €4,941 | +€21 | +0.4% |
| Other operating charges | 640/8 | €2,296 | €1,344 | -€952 | -41.5% |
| Gross operating margin | 9900 | -€5,887 | €1,559 | +€7,447 | |
| Operating profit (loss) | 9901 | -€13,103 | -€4,726 | +€8,377 | +63.9% |
| Financial income | 75/76B | €0 | €5 | +€5 | +1970.8% |
| Recurring financial income | 75 | €0 | €5 | +€5 | +1970.8% |
| Financial charges | 65/66B | €461 | €536 | +€75 | +16.2% |
| Recurring financial charges | 65 | €461 | €536 | +€75 | +16.2% |
| Profit (loss) for the period before taxes | 9903 | -€13,564 | -€5,257 | +€8,307 | +61.2% |
| Profit (loss) for the period | 9904 | -€13,564 | -€5,257 | +€8,307 | +61.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,564 | -€5,257 | +€8,307 | +61.2% |
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 9 October 2026 via checked.be.