NUCO: what changed
NUCO
Largest movements
- Cash +€18,628
up €18,628 (+2,273%), from €819 to €19,447
mainly Debts after one year (+€189,328) and Depreciation (+€9,266)
- Tangible fixed assets -€9,266
down €9,266 (-3.1%), from €300,285 to €291,018
of which Land and buildings: -€9,107
- Debts after one year +€189,328
up €189,328 (+395%), from €47,917 to €237,245
- Other debts -€187,270
down €187,270 (-97.6%), from €191,878 to €4,608
- Contributions +€12,000
up €12,000 (+150%), from €8,000 to €20,000
- Reserves -€4,581
down €4,581 (-11.4%), from €40,061 to €35,479
- Gross operating margin -€3,759
down €3,759 (-17.5%), from €21,501 to €17,742
- Financial charges +€2,759
up €2,759 (+86.0%), from €3,206 to €5,965
- Taxes -€2,135
down €2,135 (-99.5%), from €2,145 to €10
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €302,761 | €312,952 | +€10,191 | +3.4% |
| Fixed assets | 21/28 | €300,285 | €291,018 | -€9,266 | -3.1% |
| Tangible fixed assets | 22/27 | €300,285 | €291,018 | -€9,266 | -3.1% |
| Land and buildings | 22 | €299,280 | €290,173 | -€9,107 | -3.0% |
| Plant, machinery and equipment | 23 | €1,005 | €845 | -€159 | -15.9% |
| Current assets | 29/58 | €2,476 | €21,933 | +€19,457 | +786% |
| Amounts receivable within one year | 40/41 | €1,657 | €2,486 | +€829 | +50.1% |
| Trade receivables | 40 | €1,588 | - | -€1,588 | |
| Other amounts receivable | 41 | €69 | €2,486 | +€2,417 | +3,519% |
| Cash at bank and in hand | 54/58 | €819 | €19,447 | +€18,628 | +2,273% |
| Total equity and liabilities | 10/49 | €302,761 | €312,952 | +€10,191 | +3.4% |
| Equity | 10/15 | €48,061 | €55,479 | +€7,419 | +15.4% |
| Contributions | 10/11 | €8,000 | €20,000 | +€12,000 | +150% |
| Reserves | 13 | €40,061 | €35,479 | -€4,581 | -11.4% |
| Distributable reserves | 133 | €40,061 | €35,479 | -€4,581 | -11.4% |
| Amounts payable | 17/49 | €254,701 | €257,473 | +€2,772 | +1.1% |
| Amounts payable after more than one year | 17 | €47,917 | €237,245 | +€189,328 | +395% |
| Financial debts | 170/4 | €47,917 | €237,245 | +€189,328 | +395% |
| Amounts payable within one year | 42/48 | €206,784 | €20,228 | -€186,556 | -90.2% |
| Current portion of amounts payable after more than one year | 42 | €12,500 | €12,755 | +€255 | +2.0% |
| Trade debts | 44 | - | €535 | +€535 | |
| Suppliers | 440/4 | - | €535 | +€535 | |
| Taxes, remuneration and social security | 45 | €2,406 | €2,329 | -€76 | -3.2% |
| Taxes | 450/3 | €2,406 | €2,329 | -€76 | -3.2% |
| Other amounts payable | 47/48 | €191,878 | €4,608 | -€187,270 | -97.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,266 | €9,266 | = | 0.0% |
| Other operating charges | 640/8 | €2,694 | €2,496 | -€198 | -7.3% |
| Gross operating margin | 9900 | €21,501 | €17,742 | -€3,759 | -17.5% |
| Operating profit (loss) | 9901 | €9,540 | €5,979 | -€3,561 | -37.3% |
| Financial income | 75/76B | - | €23 | +€23 | |
| Recurring financial income | 75 | - | €23 | +€23 | |
| Financial charges | 65/66B | €3,206 | €5,965 | +€2,759 | +86.0% |
| Recurring financial charges | 65 | €3,206 | €5,965 | +€2,759 | +86.0% |
| Profit (loss) for the period before taxes | 9903 | €6,334 | €37 | -€6,297 | -99.4% |
| Income taxes | 67/77 | €2,145 | €10 | -€2,135 | -99.5% |
| Profit (loss) for the period | 9904 | €4,189 | €27 | -€4,162 | -99.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,189 | €27 | -€4,162 | -99.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.