LE NADIR: 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.
LE NADIR
Largest movements
- Receivables within one year +€129,316
up €129,316 (+25.0%), from €517,242 to €646,558
- Deferred charges and accrued income -€52,084
down €52,084 (-20.8%), from €249,900 to €197,816
- Intangible fixed assets -€43,000
down €43,000 (-18.1%), from €238,000 to €195,000
- Tangible fixed assets +€27,746
up €27,746 (+27.2%), from €102,029 to €129,774
of which Plant, machinery and equipment: +€42,442
- Cash +€19,759
up €19,759 (+122%), from €16,198 to €35,957
mainly Depreciation (+€76,622) and Deferred charges and accrued income (+€52,084)
- Debts within one year +€33,078
up €33,078 (+3.0%), from €1.1m to €1.1m
of which Tax, wage and social debts: +€124,606
- Accrued charges and deferred income +€30,210
up €30,210 (+22.9%), from €132,135 to €162,345
- Gross operating margin +€328,218
up €328,218 (+8.9%), from €3.7m to €4.0m
- Staff costs +€314,309
up €314,309 (+8.7%), from €3.6m to €3.9m
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,157,117 | €1,230,112 | +€72,994 | +6.3% |
| Fixed assets | 21/28 | €340,429 | €325,174 | -€15,254 | -4.5% |
| Intangible fixed assets | 21 | €238,000 | €195,000 | -€43,000 | -18.1% |
| Tangible fixed assets | 22/27 | €102,029 | €129,774 | +€27,746 | +27.2% |
| Plant, machinery and equipment | 23 | €50,484 | €92,927 | +€42,442 | +84.1% |
| Furniture and vehicles | 24 | €51,544 | €36,848 | -€14,697 | -28.5% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €816,689 | €904,938 | +€88,249 | +10.8% |
| Stocks and contracts in progress | 3 | €33,349 | €24,607 | -€8,742 | -26.2% |
| Stocks | 30/36 | €33,349 | €24,607 | -€8,742 | -26.2% |
| Amounts receivable within one year | 40/41 | €517,242 | €646,558 | +€129,316 | +25.0% |
| Trade receivables | 40 | €517,242 | €646,558 | +€129,316 | +25.0% |
| Cash at bank and in hand | 54/58 | €16,198 | €35,957 | +€19,759 | +122% |
| Deferred charges and accrued income | 490/1 | €249,900 | €197,816 | -€52,084 | -20.8% |
| Total equity and liabilities | 10/49 | €1,157,117 | €1,230,112 | +€72,994 | +6.3% |
| Equity | 10/15 | -€89,094 | -€78,365 | +€10,729 | +12.0% |
| Profit (loss) carried forward | 14 | -€89,094 | -€78,365 | +€10,729 | +12.0% |
| Amounts payable | 17/49 | €1,246,211 | €1,308,477 | +€62,266 | +5.0% |
| Amounts payable after more than one year | 17 | €1,022 | - | -€1,022 | |
| Financial debts | 170/4 | €1,022 | - | -€1,022 | |
| Amounts payable within one year | 42/48 | €1,113,054 | €1,146,132 | +€33,078 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €173,601 | €227,001 | +€53,400 | +30.8% |
| Trade debts | 44 | €134,684 | €109,755 | -€24,929 | -18.5% |
| Suppliers | 440/4 | €134,684 | €109,755 | -€24,929 | -18.5% |
| Taxes, remuneration and social security | 45 | €658,235 | €782,841 | +€124,606 | +18.9% |
| Taxes | 450/3 | €58,254 | €63,453 | +€5,199 | +8.9% |
| Remuneration and social security | 454/9 | €599,981 | €719,389 | +€119,407 | +19.9% |
| Accrued charges and deferred income | 492/3 | €132,135 | €162,345 | +€30,210 | +22.9% |
| Remuneration, social security and pensions | 62 | €3,607,364 | €3,921,673 | +€314,309 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,230 | €76,622 | -€6,608 | -7.9% |
| Other operating charges | 640/8 | €4,984 | €4,452 | -€532 | -10.7% |
| Gross operating margin | 9900 | €3,697,273 | €4,025,491 | +€328,218 | +8.9% |
| Operating profit (loss) | 9901 | €1,695 | €22,744 | +€21,049 | +1,242% |
| Financial charges | 65/66B | €5,563 | €12,015 | +€6,452 | +116% |
| Recurring financial charges | 65 | €5,563 | €12,015 | +€6,452 | +116% |
| Profit (loss) for the period before taxes | 9903 | -€3,868 | €10,729 | +€14,597 | |
| Profit (loss) for the period | 9904 | -€3,868 | €10,729 | +€14,597 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,868 | €10,729 | +€14,597 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.