DE NATUURKAPPER: 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 NATUURKAPPER
Largest movements
- Cash +€9,762
up €9,762 (+9.1%), from €107,296 to €117,058
mainly Net result for the year (+€20,525) and Depreciation (+€5,688)
- Receivables within one year +€8,036
up €8,036 (+2296.0%), from €350 to €8,386
of which Trade receivables: +€7,987
- Stocks and contracts -€2,062
down €2,062 (-10.8%), from €19,070 to €17,008
- Reserves +€20,525
up €20,525 (+28.8%), from €71,352 to €91,877
of which Distributable reserves: +€22,385
- Trade debts -€3,035
down €3,035 (-23.5%), from €12,910 to €9,874
- Gross operating margin +€12,133
up €12,133 (+5.7%), from €214,487 to €226,620
- Other operating charges +€3,095
up €3,095 (+403.6%), from €767 to €3,862
- Taxes +€2,440
up €2,440 (+35.5%), from €6,871 to €9,312
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.
Cash bridge derived
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 | €144,907 | €160,553 | +€15,646 | +10.8% |
| Fixed assets | 21/28 | €18,028 | €18,006 | -€22 | -0.1% |
| Tangible fixed assets | 22/27 | €17,704 | €17,682 | -€22 | -0.1% |
| Land and buildings | 22 | €3,884 | €2,957 | -€927 | -23.9% |
| Plant, machinery and equipment | 23 | €5,608 | €7,680 | +€2,071 | +36.9% |
| Furniture and vehicles | 24 | €807 | €249 | -€558 | -69.1% |
| Other tangible fixed assets | 26 | €7,404 | €6,796 | -€608 | -8.2% |
| Financial fixed assets | 28 | €324 | €324 | = | 0.0% |
| Current assets | 29/58 | €126,880 | €142,548 | +€15,668 | +12.3% |
| Stocks and contracts in progress | 3 | €19,070 | €17,008 | -€2,062 | -10.8% |
| Stocks | 30/36 | €19,070 | €17,008 | -€2,062 | -10.8% |
| Amounts receivable within one year | 40/41 | €350 | €8,386 | +€8,036 | +2296.0% |
| Trade receivables | 40 | - | €7,987 | +€7,987 | |
| Other amounts receivable | 41 | €350 | €399 | +€49 | +14.0% |
| Cash at bank and in hand | 54/58 | €107,296 | €117,058 | +€9,762 | +9.1% |
| Deferred charges and accrued income | 490/1 | €164 | €95 | -€68 | -41.8% |
| Total equity and liabilities | 10/49 | €144,907 | €160,553 | +€15,646 | +10.8% |
| Equity | 10/15 | €89,952 | €110,477 | +€20,525 | +22.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €71,352 | €91,877 | +€20,525 | +28.8% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €69,492 | €91,877 | +€22,385 | +32.2% |
| Amounts payable | 17/49 | €54,955 | €50,076 | -€4,879 | -8.9% |
| Amounts payable within one year | 42/48 | €54,955 | €50,076 | -€4,879 | -8.9% |
| Trade debts | 44 | €12,910 | €9,874 | -€3,035 | -23.5% |
| Suppliers | 440/4 | €12,910 | €9,874 | -€3,035 | -23.5% |
| Taxes, remuneration and social security | 45 | €38,354 | €37,499 | -€855 | -2.2% |
| Taxes | 450/3 | €23,580 | €22,337 | -€1,242 | -5.3% |
| Remuneration and social security | 454/9 | €14,774 | €15,162 | +€388 | +2.6% |
| Other amounts payable | 47/48 | €3,692 | €2,702 | -€989 | -26.8% |
| Remuneration, social security and pensions | 62 | €185,098 | €187,166 | +€2,068 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,488 | €5,688 | +€1,199 | +26.7% |
| Other operating charges | 640/8 | €767 | €3,862 | +€3,095 | +403.6% |
| Non-recurring operating charges | 66A | - | €375 | +€375 | |
| Gross operating margin | 9900 | €214,487 | €226,620 | +€12,133 | +5.7% |
| Operating profit (loss) | 9901 | €24,134 | €29,529 | +€5,395 | +22.4% |
| Financial income | 75/76B | €1,651 | €501 | -€1,150 | -69.7% |
| Recurring financial income | 75 | €1,651 | €501 | -€1,150 | -69.7% |
| Financial charges | 65/66B | €139 | €192 | +€53 | +38.1% |
| Recurring financial charges | 65 | €139 | €192 | +€53 | +38.1% |
| Profit (loss) for the period before taxes | 9903 | €25,645 | €29,837 | +€4,192 | +16.3% |
| Income taxes | 67/77 | €6,871 | €9,312 | +€2,440 | +35.5% |
| Profit (loss) for the period | 9904 | €18,774 | €20,525 | +€1,751 | +9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,774 | €20,525 | +€1,751 | +9.3% |
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 10 October 2026 via checked.be.