Nereide: 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.
Nereide
Largest movements
- Financial fixed assets +€587,500
up €587,500 (+46.4%), from €1.3m to €1.9m
- Cash -€526,705
down €526,705 (-86.0%), from €612,713 to €86,008
mainly Investment in fixed assets (net) (-€587,500) and Deferred charges and accrued income (-€54,884)
- Receivables within one year -€72,040
down €72,040 (-72.7%), from €99,061 to €27,020
of which Other amounts receivable: -€72,040
- Deferred charges and accrued income +€54,884
up €54,884 (+160%), from €34,240 to €89,124
- Reserves +€47,680
up €47,680 (+4.0%), from €1.2m to €1.2m
of which Distributable reserves: +€47,680
- Financial income +€15,866
up €15,866 (+24.2%), from €65,687 to €81,553
- Taxes +€4,585
up €4,585 (+24.4%), from €18,753 to €23,338
- Gross operating margin -€2,366
down €2,366 (-42.2%), from -€5,608 to -€7,974
- Depreciation -€322
down €322 (-23.6%), from €1,365 to €1,043
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 | €2,247,436 | €2,289,276 | +€41,840 | +1.9% |
| Fixed assets | 21/28 | €1,270,666 | €1,857,124 | +€586,457 | +46.2% |
| Tangible fixed assets | 22/27 | €3,516 | €2,474 | -€1,043 | -29.7% |
| Furniture and vehicles | 24 | €3,516 | €2,474 | -€1,043 | -29.7% |
| Financial fixed assets | 28 | €1,267,150 | €1,854,650 | +€587,500 | +46.4% |
| Current assets | 29/58 | €976,770 | €432,152 | -€544,618 | -55.8% |
| Amounts receivable after more than one year | 29 | €230,756 | €230,000 | -€756 | -0.3% |
| Other amounts receivable | 291 | €230,756 | €230,000 | -€756 | -0.3% |
| Amounts receivable within one year | 40/41 | €99,061 | €27,020 | -€72,040 | -72.7% |
| Trade receivables | 40 | €5,884 | €5,884 | = | 0.0% |
| Other amounts receivable | 41 | €93,177 | €21,137 | -€72,040 | -77.3% |
| Cash at bank and in hand | 54/58 | €612,713 | €86,008 | -€526,705 | -86.0% |
| Deferred charges and accrued income | 490/1 | €34,240 | €89,124 | +€54,884 | +160% |
| Total equity and liabilities | 10/49 | €2,247,436 | €2,289,276 | +€41,840 | +1.9% |
| Equity | 10/15 | €2,220,632 | €2,268,318 | +€47,686 | +2.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,197,000 | €1,244,680 | +€47,680 | +4.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €1,190,800 | €1,238,480 | +€47,680 | +4.0% |
| Profit (loss) carried forward | 14 | €961,632 | €961,638 | +€6 | 0.0% |
| Amounts payable | 17/49 | €26,805 | €20,958 | -€5,846 | -21.8% |
| Amounts payable within one year | 42/48 | €26,805 | €20,958 | -€5,846 | -21.8% |
| Trade debts | 44 | €3,001 | €1,413 | -€1,588 | -52.9% |
| Suppliers | 440/4 | €3,001 | €1,413 | -€1,588 | -52.9% |
| Taxes, remuneration and social security | 45 | €23,804 | €19,545 | -€4,258 | -17.9% |
| Taxes | 450/3 | €23,804 | €19,545 | -€4,258 | -17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,365 | €1,043 | -€322 | -23.6% |
| Other operating charges | 640/8 | €1,464 | €1,513 | +€49 | +3.3% |
| Gross operating margin | 9900 | -€5,608 | -€7,974 | -€2,366 | -42.2% |
| Operating profit (loss) | 9901 | -€8,436 | -€10,529 | -€2,093 | -24.8% |
| Financial income | 75/76B | €65,687 | €81,553 | +€15,866 | +24.2% |
| Recurring financial income | 75 | €65,687 | €81,553 | +€15,866 | +24.2% |
| Financial charges | 65/66B | €30 | - | -€30 | |
| Recurring financial charges | 65 | €30 | - | -€30 | |
| Profit (loss) for the period before taxes | 9903 | €57,220 | €71,024 | +€13,803 | +24.1% |
| Income taxes | 67/77 | €18,753 | €23,338 | +€4,585 | +24.4% |
| Profit (loss) for the period | 9904 | €38,467 | €47,686 | +€9,219 | +24.0% |
| Profit (loss) for the period to be appropriated | 9905 | €38,467 | €47,686 | +€9,219 | +24.0% |
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 24 October 2026 via checked.be.