EL NANI: 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.
EL NANI
Largest movements
- Deferred charges and accrued income +€18,140
up €18,140 (+3,817%), from €475 to €18,616
- Receivables within one year +€6,300
up €6,300 (+27.7%), from €22,754 to €29,053
of which Other amounts receivable: +€5,181
- Reserves +€21,189
up €21,189 (+157%), from €13,497 to €34,685
- Current portion of long-term debt +€6,263
new in 2025: €6,263
- Trade debts -€2,740
down €2,740 (-52.1%), from €5,259 to €2,519
- Gross operating margin +€10,394
up €10,394 (+37.6%), from €27,648 to €38,043
- Taxes +€2,704
up €2,704 (+57.2%), from €4,728 to €7,432
- Other operating charges -€1,806
down €1,806 (-54.9%), from €3,290 to €1,484
- Depreciation +€603
up €603 (+48.4%), from €1,247 to €1,851
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,608 | €55,298 | +€24,689 | +80.7% |
| Fixed assets | 21/28 | €7,379 | €7,629 | +€249 | +3.4% |
| Tangible fixed assets | 22/27 | €7,379 | €7,629 | +€249 | +3.4% |
| Plant, machinery and equipment | 23 | €1,745 | €1,549 | -€196 | -11.2% |
| Furniture and vehicles | 24 | €5,634 | €6,079 | +€445 | +7.9% |
| Current assets | 29/58 | €23,229 | €47,669 | +€24,440 | +105% |
| Amounts receivable within one year | 40/41 | €22,754 | €29,053 | +€6,300 | +27.7% |
| Trade receivables | 40 | €600 | €1,719 | +€1,119 | +187% |
| Other amounts receivable | 41 | €22,154 | €27,334 | +€5,181 | +23.4% |
| Deferred charges and accrued income | 490/1 | €475 | €18,616 | +€18,140 | +3,817% |
| Total equity and liabilities | 10/49 | €30,608 | €55,298 | +€24,689 | +80.7% |
| Equity | 10/15 | €15,497 | €36,685 | +€21,189 | +137% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €13,497 | €34,685 | +€21,189 | +157% |
| Distributable reserves | 133 | €13,497 | €34,685 | +€21,189 | +157% |
| Amounts payable | 17/49 | €15,112 | €18,612 | +€3,501 | +23.2% |
| Amounts payable within one year | 42/48 | €15,112 | €18,612 | +€3,501 | +23.2% |
| Current portion of amounts payable after more than one year | 42 | - | €6,263 | +€6,263 | |
| Financial debts | 43 | €5,125 | €5,102 | -€23 | -0.4% |
| Credit institutions | 430/8 | €5,125 | €5,102 | -€23 | -0.4% |
| Trade debts | 44 | €5,259 | €2,519 | -€2,740 | -52.1% |
| Suppliers | 440/4 | €5,259 | €2,519 | -€2,740 | -52.1% |
| Taxes, remuneration and social security | 45 | €4,728 | €4,728 | = | 0.0% |
| Taxes | 450/3 | €4,728 | €4,728 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,247 | €1,851 | +€603 | +48.4% |
| Other operating charges | 640/8 | €3,290 | €1,484 | -€1,806 | -54.9% |
| Gross operating margin | 9900 | €27,648 | €38,043 | +€10,394 | +37.6% |
| Operating profit (loss) | 9901 | €23,111 | €34,708 | +€11,597 | +50.2% |
| Financial income | 75/76B | €1,187 | €1,405 | +€217 | +18.3% |
| Recurring financial income | 75 | €1,187 | €1,405 | +€217 | +18.3% |
| Financial charges | 65/66B | €673 | €492 | -€180 | -26.8% |
| Recurring financial charges | 65 | €673 | €492 | -€180 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | €23,625 | €35,621 | +€11,995 | +50.8% |
| Income taxes | 67/77 | €4,728 | €7,432 | +€2,704 | +57.2% |
| Profit (loss) for the period | 9904 | €18,898 | €28,189 | +€9,291 | +49.2% |
| Profit (loss) for the period to be appropriated | 9905 | €18,898 | €28,189 | +€9,291 | +49.2% |
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 15 October 2026 via checked.be.