DE NACHTEGAAL: 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.
DE NACHTEGAAL
Largest movements
- Receivables within one year +€5,670
up €5,670 (+537%), from €1,056 to €6,726
- Profit (loss) carried forward +€5,627
up €5,627 (+2.7%), from -€209,965 to -€204,338
- Gross operating margin -€870
down €870 (-8.8%), from €9,897 to €9,027
- Financial income +€179
up €179 (+559%), from €32 to €211
- Other operating charges +€108
up €108 (+3.1%), from €3,473 to €3,581
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 | €96,809 | €102,436 | +€5,627 | +5.8% |
| Fixed assets | 21/28 | €93,209 | €93,209 | = | 0.0% |
| Tangible fixed assets | 22/27 | €93,209 | €93,209 | = | 0.0% |
| Land and buildings | 22 | €93,209 | €93,209 | = | 0.0% |
| Current assets | 29/58 | €3,600 | €9,228 | +€5,627 | +156% |
| Amounts receivable within one year | 40/41 | €1,056 | €6,726 | +€5,670 | +537% |
| Other amounts receivable | 41 | €1,056 | €6,726 | +€5,670 | +537% |
| Cash at bank and in hand | 54/58 | €1,991 | €1,949 | -€42 | -2.1% |
| Deferred charges and accrued income | 490/1 | €553 | €553 | = | 0.0% |
| Total equity and liabilities | 10/49 | €96,809 | €102,436 | +€5,627 | +5.8% |
| Equity | 10/15 | €96,809 | €102,436 | +€5,627 | +5.8% |
| Contributions | 10/11 | €297,472 | €297,472 | = | 0.0% |
| Reserves | 13 | €9,302 | €9,302 | = | 0.0% |
| Distributable reserves | 133 | €9,302 | €9,302 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€209,965 | -€204,338 | +€5,627 | +2.7% |
| Other operating charges | 640/8 | €3,473 | €3,581 | +€108 | +3.1% |
| Gross operating margin | 9900 | €9,897 | €9,027 | -€870 | -8.8% |
| Operating profit (loss) | 9901 | €6,425 | €5,447 | -€978 | -15.2% |
| Financial income | 75/76B | €32 | €211 | +€179 | +559% |
| Recurring financial income | 75 | €32 | €211 | +€179 | +559% |
| Financial charges | 65/66B | €30 | €30 | = | 0.0% |
| Recurring financial charges | 65 | €30 | €30 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €6,427 | €5,627 | -€799 | -12.4% |
| Profit (loss) for the period | 9904 | €6,427 | €5,627 | -€799 | -12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,427 | €5,627 | -€799 | -12.4% |
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.