Nuvexia: 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.
Nuvexia
Largest movements
- Tangible fixed assets -€24,609
down €24,609 (-5.8%), from €426,793 to €402,184
- Cash -€24,397
down €24,397 (-54.0%), from €45,184 to €20,787
mainly Debts after one year (-€59,625) and Accrued charges and deferred income (-€32,000)
- Receivables within one year -€16,329
down €16,329 (-20.3%), from €80,356 to €64,027
of which Trade receivables: -€20,340
- Debts after one year -€59,625
down €59,625 (-38.4%), from €155,085 to €95,460
- Accrued charges and deferred income -€32,000
no longer reported in 2026 (was €32,000)
- Other debts +€27,530
up €27,530 (+86.9%), from €31,694 to €59,224
- Trade debts -€17,363
down €17,363 (-90.1%), from €19,276 to €1,913
- Gross operating margin -€80,058
down €80,058 (-57.8%), from €138,421 to €58,364
- Staff costs -€50,213
down €50,213 (-82.5%), from €60,893 to €10,680
- Taxes -€6,275
down €6,275 (-59.6%), from €10,531 to €4,255
- Depreciation -€2,427
down €2,427 (-8.1%), from €30,014 to €27,587
- Financial charges -€1,909
down €1,909 (-22.4%), from €8,542 to €6,633
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €562,272 | €491,963 | -€70,310 | -12.5% |
| Fixed assets | 21/28 | €426,793 | €402,184 | -€24,609 | -5.8% |
| Tangible fixed assets | 22/27 | €426,793 | €402,184 | -€24,609 | -5.8% |
| Land and buildings | 22 | €377,386 | €366,838 | -€10,547 | -2.8% |
| Plant, machinery and equipment | 23 | €7,001 | €5,722 | -€1,278 | -18.3% |
| Furniture and vehicles | 24 | €2,983 | €2,257 | -€726 | -24.3% |
| Other tangible fixed assets | 26 | €39,424 | €27,366 | -€12,058 | -30.6% |
| Current assets | 29/58 | €135,479 | €89,779 | -€45,700 | -33.7% |
| Amounts receivable within one year | 40/41 | €80,356 | €64,027 | -€16,329 | -20.3% |
| Trade receivables | 40 | €80,356 | €60,016 | -€20,340 | -25.3% |
| Other amounts receivable | 41 | - | €4,011 | +€4,011 | |
| Cash at bank and in hand | 54/58 | €45,184 | €20,787 | -€24,397 | -54.0% |
| Deferred charges and accrued income | 490/1 | €9,939 | €4,965 | -€4,974 | -50.0% |
| Total equity and liabilities | 10/49 | €562,272 | €491,963 | -€70,310 | -12.5% |
| Equity | 10/15 | €223,480 | €228,888 | +€5,408 | +2.4% |
| Contributions | 10/11 | €15,141 | €15,141 | = | 0.0% |
| Reserves | 13 | €208,339 | €213,747 | +€5,408 | +2.6% |
| Tax-exempt reserves | 132 | €33,049 | €33,049 | = | 0.0% |
| Distributable reserves | 133 | €175,290 | €180,698 | +€5,408 | +3.1% |
| Amounts payable | 17/49 | €338,792 | €263,074 | -€75,718 | -22.3% |
| Amounts payable after more than one year | 17 | €155,085 | €95,460 | -€59,625 | -38.4% |
| Financial debts | 170/4 | €155,085 | €95,460 | -€59,625 | -38.4% |
| Amounts payable within one year | 42/48 | €151,707 | €167,614 | +€15,907 | +10.5% |
| Current portion of amounts payable after more than one year | 42 | €57,607 | €59,625 | +€2,018 | +3.5% |
| Trade debts | 44 | €19,276 | €1,913 | -€17,363 | -90.1% |
| Suppliers | 440/4 | €19,276 | €1,913 | -€17,363 | -90.1% |
| Taxes, remuneration and social security | 45 | €43,131 | €46,853 | +€3,722 | +8.6% |
| Taxes | 450/3 | €26,829 | €20,947 | -€5,882 | -21.9% |
| Remuneration and social security | 454/9 | €16,302 | €25,905 | +€9,604 | +58.9% |
| Other amounts payable | 47/48 | €31,694 | €59,224 | +€27,530 | +86.9% |
| Accrued charges and deferred income | 492/3 | €32,000 | - | -€32,000 | |
| Remuneration, social security and pensions | 62 | €60,893 | €10,680 | -€50,213 | -82.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,014 | €27,587 | -€2,427 | -8.1% |
| Other operating charges | 640/8 | €3,654 | €4,023 | +€369 | +10.1% |
| Gross operating margin | 9900 | €138,421 | €58,364 | -€80,058 | -57.8% |
| Operating profit (loss) | 9901 | €43,861 | €16,074 | -€27,786 | -63.4% |
| Financial income | 75/76B | €349 | €222 | -€127 | -36.4% |
| Recurring financial income | 75 | €349 | €222 | -€127 | -36.4% |
| Financial charges | 65/66B | €8,542 | €6,633 | -€1,909 | -22.4% |
| Recurring financial charges | 65 | €8,542 | €6,633 | -€1,909 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | €35,667 | €9,663 | -€26,004 | -72.9% |
| Income taxes | 67/77 | €10,531 | €4,255 | -€6,275 | -59.6% |
| Profit (loss) for the period | 9904 | €25,137 | €5,408 | -€19,729 | -78.5% |
| Profit (loss) for the period to be appropriated | 9905 | €25,137 | €5,408 | -€19,729 | -78.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.