DE NAGELHOEVE: 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 NAGELHOEVE
Largest movements
- Tangible fixed assets -€2,400
down €2,400 (-67.0%), from €3,584 to €1,184
- Cash -€383
down €383 (-95.8%), from €400 to €17
mainly Net result for the year (-€6,050) and Trade debts (-€2,157)
- Receivables within one year -€107
down €107 (-100%), from €107 to €0
- Profit (loss) carried forward -€6,050
down €6,050 (-2.4%), from -€249,643 to -€255,693
- Other debts +€6,039
up €6,039 (+3.1%), from €193,682 to €199,720
- Trade debts -€2,157
down €2,157 (-100%), from €2,157 to €0
- Tax, wage and social debts -€721
down €721 (-84.4%), from €854 to €133
- Gross operating margin +€1,797
up €1,797 (+35.0%), from -€5,135 to -€3,338
- Other operating charges -€721
down €721 (-78.0%), from €925 to €204
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 | €4,090 | €1,200 | -€2,889 | -70.6% |
| Fixed assets | 21/28 | €3,584 | €1,184 | -€2,400 | -67.0% |
| Tangible fixed assets | 22/27 | €3,584 | €1,184 | -€2,400 | -67.0% |
| Furniture and vehicles | 24 | €3,584 | €1,184 | -€2,400 | -67.0% |
| Current assets | 29/58 | €506 | €17 | -€489 | -96.7% |
| Amounts receivable within one year | 40/41 | €107 | €0 | -€107 | -100% |
| Other amounts receivable | 41 | €107 | €0 | -€107 | -100% |
| Cash at bank and in hand | 54/58 | €400 | €17 | -€383 | -95.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €4,090 | €1,200 | -€2,889 | -70.6% |
| Equity | 10/15 | -€192,603 | -€198,653 | -€6,050 | -3.1% |
| Contributions | 10/11 | €51,091 | €51,091 | = | 0.0% |
| Reserves | 13 | €5,949 | €5,949 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €5,949 | €5,949 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€249,643 | -€255,693 | -€6,050 | -2.4% |
| Amounts payable | 17/49 | €196,692 | €199,853 | +€3,161 | +1.6% |
| Amounts payable within one year | 42/48 | €196,692 | €199,853 | +€3,161 | +1.6% |
| Trade debts | 44 | €2,157 | €0 | -€2,157 | -100% |
| Suppliers | 440/4 | €2,157 | €0 | -€2,157 | -100% |
| Taxes, remuneration and social security | 45 | €854 | €133 | -€721 | -84.4% |
| Taxes | 450/3 | €854 | €133 | -€721 | -84.4% |
| Other amounts payable | 47/48 | €193,682 | €199,720 | +€6,039 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,400 | €2,400 | = | 0.0% |
| Other operating charges | 640/8 | €925 | €204 | -€721 | -78.0% |
| Gross operating margin | 9900 | -€5,135 | -€3,338 | +€1,797 | +35.0% |
| Operating profit (loss) | 9901 | -€8,460 | -€5,941 | +€2,519 | +29.8% |
| Financial charges | 65/66B | €128 | €109 | -€19 | -14.8% |
| Recurring financial charges | 65 | €128 | €109 | -€19 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | -€8,588 | -€6,050 | +€2,538 | +29.5% |
| Profit (loss) for the period | 9904 | -€8,588 | -€6,050 | +€2,538 | +29.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,588 | -€6,050 | +€2,538 | +29.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.