DF NAUTIC: what changed
Two fiscal 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.
DF NAUTIC
Largest movements
- Cash -€6,364
down €6,364 (-48.4%), from €13,153 to €6,790
mainly Investment in fixed assets (net) (-€14,729) and Receivables within one year (-€5,395)
- Receivables within one year +€5,395
up €5,395 (+63.6%), from €8,485 to €13,881
of which Trade receivables: +€4,745
- Stocks and contracts +€3,194
up €3,194 (+57.6%), from €5,542 to €8,736
- Tangible fixed assets +€2,604
up €2,604 (+10.8%), from €24,194 to €26,798
of which Furniture and vehicles: +€5,699
- Deferred charges and accrued income +€1,637
up €1,637 (+229.6%), from €713 to €2,350
- Profit (loss) carried forward +€4,321
up €4,321 (+53.3%), from €8,109 to €12,430
- Other debts +€2,850
up €2,850 (+342.1%), from €833 to €3,683
- Trade debts -€2,068
down €2,068 (-81.8%), from €2,528 to €460
- Tax, wage and social debts +€1,131
up €1,131 (+20.2%), from €5,591 to €6,723
of which Taxes: +€1,131
- Gross operating margin +€3,758
up €3,758 (+21.7%), from €17,295 to €21,053
- Depreciation +€1,890
up €1,890 (+18.1%), from €10,468 to €12,358
- Other operating charges +€1,483
up €1,483 (+253.1%), from €586 to €2,069
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 | €52,781 | €59,015 | +€6,234 | +11.8% |
| Formation expenses | 20 | €693 | €460 | -€233 | -33.6% |
| Fixed assets | 21/28 | €24,194 | €26,798 | +€2,604 | +10.8% |
| Tangible fixed assets | 22/27 | €24,194 | €26,798 | +€2,604 | +10.8% |
| Plant, machinery and equipment | 23 | €5,743 | €2,648 | -€3,094 | -53.9% |
| Furniture and vehicles | 24 | €18,451 | €24,150 | +€5,699 | +30.9% |
| Current assets | 29/58 | €27,894 | €31,757 | +€3,863 | +13.8% |
| Stocks and contracts in progress | 3 | €5,542 | €8,736 | +€3,194 | +57.6% |
| Stocks | 30/36 | €5,542 | €8,736 | +€3,194 | +57.6% |
| Amounts receivable within one year | 40/41 | €8,485 | €13,881 | +€5,395 | +63.6% |
| Trade receivables | 40 | €7,285 | €12,030 | +€4,745 | +65.1% |
| Other amounts receivable | 41 | €1,200 | €1,850 | +€650 | +54.2% |
| Cash at bank and in hand | 54/58 | €13,153 | €6,790 | -€6,364 | -48.4% |
| Deferred charges and accrued income | 490/1 | €713 | €2,350 | +€1,637 | +229.6% |
| Total equity and liabilities | 10/49 | €52,781 | €59,015 | +€6,234 | +11.8% |
| Equity | 10/15 | €15,109 | €19,430 | +€4,321 | +28.6% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,109 | €12,430 | +€4,321 | +53.3% |
| Amounts payable | 17/49 | €37,672 | €39,585 | +€1,913 | +5.1% |
| Amounts payable after more than one year | 17 | €28,719 | €28,719 | = | 0.0% |
| Other amounts payable | 178/9 | €28,719 | €28,719 | = | 0.0% |
| Amounts payable within one year | 42/48 | €8,953 | €10,866 | +€1,913 | +21.4% |
| Trade debts | 44 | €2,528 | €460 | -€2,068 | -81.8% |
| Suppliers | 440/4 | €2,528 | €460 | -€2,068 | -81.8% |
| Taxes, remuneration and social security | 45 | €5,591 | €6,723 | +€1,131 | +20.2% |
| Taxes | 450/3 | €4,591 | €5,723 | +€1,131 | +24.6% |
| Remuneration and social security | 454/9 | €1,000 | €1,000 | = | 0.0% |
| Other amounts payable | 47/48 | €833 | €3,683 | +€2,850 | +342.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,468 | €12,358 | +€1,890 | +18.1% |
| Other operating charges | 640/8 | €586 | €2,069 | +€1,483 | +253.1% |
| Gross operating margin | 9900 | €17,295 | €21,053 | +€3,758 | +21.7% |
| Operating profit (loss) | 9901 | €6,241 | €6,625 | +€385 | +6.2% |
| Financial income | 75/76B | €25 | €53 | +€27 | +106.9% |
| Recurring financial income | 75 | €25 | €53 | +€27 | +106.9% |
| Financial charges | 65/66B | €83 | €72 | -€11 | -13.6% |
| Recurring financial charges | 65 | €83 | €72 | -€11 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €6,183 | €6,606 | +€423 | +6.8% |
| Income taxes | 67/77 | €1,369 | €1,452 | +€83 | +6.0% |
| Profit (loss) for the period | 9904 | €4,813 | €5,154 | +€341 | +7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,813 | €5,154 | +€341 | +7.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.