Games - Nazareth: 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.
Games - Nazareth
Largest movements
- Tangible fixed assets +€169,644
up €169,644 (+82.8%), from €205,003 to €374,647
of which Plant, machinery and equipment: +€174,486
- Receivables within one year +€143,185
up €143,185 (+18.3%), from €783,879 to €927,064
of which Other amounts receivable: +€144,796
- Profit (loss) carried forward +€211,932
up €211,932 (+37.9%), from €558,508 to €770,440
- Trade debts +€145,290
up €145,290 (+148%), from €98,292 to €243,582
- Provisions -€15,092
no longer reported in 2025 (was €15,092)
- Provisions -€30,184
down €30,184, from €15,092 to -€15,092
- Staff costs +€19,550
up €19,550 (+9.1%), from €215,857 to €235,407
- Gross operating margin -€10,771
down €10,771 (-1.0%), from €1.1m to €1.0m
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 | €1,157,612 | €1,479,136 | +€321,523 | +27.8% |
| Fixed assets | 21/28 | €280,092 | €449,736 | +€169,644 | +60.6% |
| Tangible fixed assets | 22/27 | €205,003 | €374,647 | +€169,644 | +82.8% |
| Plant, machinery and equipment | 23 | €137,028 | €311,514 | +€174,486 | +127% |
| Other tangible fixed assets | 26 | €67,974 | €63,132 | -€4,842 | -7.1% |
| Financial fixed assets | 28 | €75,090 | €75,090 | = | 0.0% |
| Current assets | 29/58 | €877,520 | €1,029,400 | +€151,879 | +17.3% |
| Amounts receivable within one year | 40/41 | €783,879 | €927,064 | +€143,185 | +18.3% |
| Trade receivables | 40 | €1,611 | - | -€1,611 | |
| Other amounts receivable | 41 | €782,269 | €927,064 | +€144,796 | +18.5% |
| Cash at bank and in hand | 54/58 | €93,409 | €101,593 | +€8,184 | +8.8% |
| Deferred charges and accrued income | 490/1 | €232 | €742 | +€510 | +219% |
| Total equity and liabilities | 10/49 | €1,157,612 | €1,479,136 | +€321,523 | +27.8% |
| Equity | 10/15 | €920,091 | €1,132,022 | +€211,932 | +23.0% |
| Contributions | 10/11 | €10,234 | €10,234 | = | 0.0% |
| Reserves | 13 | €351,349 | €351,349 | = | 0.0% |
| Non-distributable reserves | 130/1 | €33,061 | €33,061 | = | 0.0% |
| Other | 1319 | €33,061 | €33,061 | = | 0.0% |
| Distributable reserves | 133 | €318,287 | €318,287 | = | 0.0% |
| Profit (loss) carried forward | 14 | €558,508 | €770,440 | +€211,932 | +37.9% |
| Provisions and deferred taxes | 16 | €15,092 | - | -€15,092 | |
| Provisions for liabilities and charges | 160/5 | €15,092 | - | -€15,092 | |
| Other liabilities and charges | 164/5 | €15,092 | - | -€15,092 | |
| Amounts payable | 17/49 | €222,430 | €347,113 | +€124,683 | +56.1% |
| Amounts payable within one year | 42/48 | €222,430 | €347,113 | +€124,683 | +56.1% |
| Trade debts | 44 | €98,292 | €243,582 | +€145,290 | +148% |
| Suppliers | 440/4 | €98,292 | €243,582 | +€145,290 | +148% |
| Taxes, remuneration and social security | 45 | €96,091 | €84,966 | -€11,126 | -11.6% |
| Taxes | 450/3 | €69,220 | €51,916 | -€17,304 | -25.0% |
| Remuneration and social security | 454/9 | €26,872 | €33,050 | +€6,178 | +23.0% |
| Other amounts payable | 47/48 | €28,047 | €18,565 | -€9,481 | -33.8% |
| Remuneration, social security and pensions | 62 | €215,857 | €235,407 | +€19,550 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,162 | €58,441 | +€7,279 | +14.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €15,092 | -€15,092 | -€30,184 | |
| Other operating charges | 640/8 | €410,560 | €402,244 | -€8,315 | -2.0% |
| Gross operating margin | 9900 | €1,058,797 | €1,048,026 | -€10,771 | -1.0% |
| Operating profit (loss) | 9901 | €366,127 | €367,026 | +€899 | +0.2% |
| Financial income | 75/76B | €20,725 | €15,835 | -€4,890 | -23.6% |
| Recurring financial income | 75 | €20,725 | €15,835 | -€4,890 | -23.6% |
| Financial charges | 65/66B | €3,967 | €4,893 | +€925 | +23.3% |
| Recurring financial charges | 65 | €3,967 | €4,893 | +€925 | +23.3% |
| Profit (loss) for the period before taxes | 9903 | €382,884 | €377,969 | -€4,916 | -1.3% |
| Income taxes | 67/77 | €157,858 | €166,037 | +€8,179 | +5.2% |
| Profit (loss) for the period | 9904 | €225,026 | €211,932 | -€13,095 | -5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €225,026 | €211,932 | -€13,095 | -5.8% |
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 26 October 2026 via checked.be.