VAN NUFFELEN AEW: 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.
VAN NUFFELEN AEW
Largest movements
- Receivables within one year +€9,835
up €9,835 (+47.9%), from €20,553 to €30,388
of which Trade receivables: +€6,294
- Stocks and contracts +€7,490
up €7,490 (+17.9%), from €41,734 to €49,223
of which Contracts in progress: +€5,880
- Cash +€4,812
up €4,812 (+238%), from €2,020 to €6,832
mainly Trade debts (+€22,457) and Depreciation (+€4,878)
- Deferred charges and accrued income +€3,917
up €3,917 (+677%), from €578 to €4,495
- Tangible fixed assets -€3,378
down €3,378 (-43.3%), from €7,804 to €4,425
of which Furniture and vehicles: -€1,944
- Trade debts +€22,457
up €22,457 (+183%), from €12,286 to €34,743
- Tax, wage and social debts -€3,086
down €3,086 (-85.1%), from €3,628 to €541
of which Remuneration and social security: -€2,000
- Reserves +€2,942
up €2,942 (+6.9%), from €42,937 to €45,879
- Gross operating margin -€9,327
down €9,327 (-41.4%), from €22,541 to €13,214
- Taxes -€2,826
down €2,826 (-59.5%), from €4,747 to €1,921
- Depreciation -€784
down €784 (-13.8%), from €5,663 to €4,878
- Financial charges -€526
down €526 (-15.5%), from €3,386 to €2,860
- Financial income -€468
down €468 (-26.7%), from €1,753 to €1,285
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 | €80,188 | €102,563 | +€22,375 | +27.9% |
| Fixed assets | 21/28 | €15,304 | €11,625 | -€3,678 | -24.0% |
| Intangible fixed assets | 21 | €7,500 | €6,000 | -€1,500 | -20.0% |
| Tangible fixed assets | 22/27 | €7,804 | €4,425 | -€3,378 | -43.3% |
| Plant, machinery and equipment | 23 | €3,651 | €2,217 | -€1,435 | -39.3% |
| Furniture and vehicles | 24 | €4,152 | €2,208 | -€1,944 | -46.8% |
| Financial fixed assets | 28 | - | €1,200 | +€1,200 | |
| Current assets | 29/58 | €64,884 | €90,938 | +€26,054 | +40.2% |
| Stocks and contracts in progress | 3 | €41,734 | €49,223 | +€7,490 | +17.9% |
| Stocks | 30/36 | €34,249 | €35,858 | +€1,610 | +4.7% |
| Contracts in progress | 37 | €7,485 | €13,365 | +€5,880 | +78.6% |
| Amounts receivable within one year | 40/41 | €20,553 | €30,388 | +€9,835 | +47.9% |
| Trade receivables | 40 | €17,108 | €23,401 | +€6,294 | +36.8% |
| Other amounts receivable | 41 | €3,445 | €6,986 | +€3,542 | +103% |
| Cash at bank and in hand | 54/58 | €2,020 | €6,832 | +€4,812 | +238% |
| Deferred charges and accrued income | 490/1 | €578 | €4,495 | +€3,917 | +677% |
| Total equity and liabilities | 10/49 | €80,188 | €102,563 | +€22,375 | +27.9% |
| Equity | 10/15 | €47,937 | €50,879 | +€2,942 | +6.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Share premium | 1100/10 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €42,937 | €45,879 | +€2,942 | +6.9% |
| Distributable reserves | 133 | €42,937 | €45,879 | +€2,942 | +6.9% |
| Amounts payable | 17/49 | €32,251 | €51,685 | +€19,433 | +60.3% |
| Amounts payable within one year | 42/48 | €32,251 | €51,685 | +€19,433 | +60.3% |
| Financial debts | 43 | €1,429 | €703 | -€726 | -50.8% |
| Credit institutions | 430/8 | €1,429 | €703 | -€726 | -50.8% |
| Trade debts | 44 | €12,286 | €34,743 | +€22,457 | +183% |
| Suppliers | 440/4 | €12,286 | €34,743 | +€22,457 | +183% |
| Taxes, remuneration and social security | 45 | €3,628 | €541 | -€3,086 | -85.1% |
| Taxes | 450/3 | €1,628 | €541 | -€1,086 | -66.7% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €14,909 | €15,697 | +€789 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,663 | €4,878 | -€784 | -13.8% |
| Other operating charges | 640/8 | €736 | €1,097 | +€361 | +49.1% |
| Gross operating margin | 9900 | €22,541 | €13,214 | -€9,327 | -41.4% |
| Operating profit (loss) | 9901 | €16,143 | €7,238 | -€8,904 | -55.2% |
| Financial income | 75/76B | €1,753 | €1,285 | -€468 | -26.7% |
| Recurring financial income | 75 | €1,753 | €1,285 | -€468 | -26.7% |
| Financial charges | 65/66B | €3,386 | €2,860 | -€526 | -15.5% |
| Recurring financial charges | 65 | €3,386 | €2,860 | -€526 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €14,510 | €5,663 | -€8,847 | -61.0% |
| Income taxes | 67/77 | €4,747 | €1,921 | -€2,826 | -59.5% |
| Profit (loss) for the period | 9904 | €9,763 | €3,742 | -€6,020 | -61.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,763 | €3,742 | -€6,020 | -61.7% |
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 27 October 2026 via checked.be.