Alice Nahon: 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.
Alice Nahon
Largest movements
- Tangible fixed assets -€13,503
down €13,503 (-2.7%), from €497,244 to €483,741
- Other debts -€14,976
down €14,976 (-4.2%), from €354,411 to €339,435
- Profit (loss) carried forward +€9,219
up €9,219 (+35.3%), from €26,111 to €35,330
- Debts after one year -€6,603
down €6,603 (-6.2%), from €106,713 to €100,110
- Gross operating margin +€735
up €735 (+2.0%), from €36,059 to €36,794
- Purchases and services +€412
up €412 (+11.0%), from €3,745 to €4,157
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 | €500,257 | €487,177 | -€13,080 | -2.6% |
| Fixed assets | 21/28 | €497,244 | €483,741 | -€13,503 | -2.7% |
| Tangible fixed assets | 22/27 | €497,244 | €483,741 | -€13,503 | -2.7% |
| Land and buildings | 22 | €497,244 | €483,741 | -€13,503 | -2.7% |
| Current assets | 29/58 | €3,013 | €3,437 | +€423 | +14.1% |
| Cash at bank and in hand | 54/58 | €3,013 | €3,437 | +€423 | +14.1% |
| Total equity and liabilities | 10/49 | €500,257 | €487,177 | -€13,080 | -2.6% |
| Equity | 10/15 | €31,111 | €40,330 | +€9,219 | +29.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,111 | €35,330 | +€9,219 | +35.3% |
| Amounts payable | 17/49 | €469,146 | €446,848 | -€22,299 | -4.8% |
| Amounts payable after more than one year | 17 | €106,713 | €100,110 | -€6,603 | -6.2% |
| Financial debts | 170/4 | €106,713 | €100,110 | -€6,603 | -6.2% |
| Amounts payable within one year | 42/48 | €362,433 | €346,738 | -€15,695 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €6,518 | €6,603 | +€86 | +1.3% |
| Trade debts | 44 | €106 | €127 | +€21 | +19.3% |
| Suppliers | 440/4 | €106 | €127 | +€21 | +19.3% |
| Taxes, remuneration and social security | 45 | €1,399 | €573 | -€826 | -59.0% |
| Taxes | 450/3 | €1,399 | €573 | -€826 | -59.0% |
| Other amounts payable | 47/48 | €354,411 | €339,435 | -€14,976 | -4.2% |
| Non-recurring operating income | 76A | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €3,745 | €4,157 | +€412 | +11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,503 | €13,503 | = | 0.0% |
| Other operating charges | 640/8 | €3,251 | €3,352 | +€101 | +3.1% |
| Gross operating margin | 9900 | €36,059 | €36,794 | +€735 | +2.0% |
| Operating profit (loss) | 9901 | €19,304 | €19,939 | +€635 | +3.3% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €8,006 | €7,647 | -€359 | -4.5% |
| Recurring financial charges | 65 | €8,006 | €7,647 | -€359 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | €11,299 | €12,292 | +€993 | +8.8% |
| Income taxes | 67/77 | €2,899 | €3,073 | +€174 | +6.0% |
| Profit (loss) for the period | 9904 | €8,400 | €9,219 | +€819 | +9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,400 | €9,219 | +€819 | +9.7% |
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 18 October 2026 via checked.be.