N.A. TRADING: 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.
N.A. TRADING
Largest movements
- Tangible fixed assets +€8,889
new in 2025: €8,889
- Cash +€4,133
up €4,133 (+85.2%), from €4,851 to €8,984
mainly Net result for the year (+€9,624) and Other debts (+€6,343)
- Receivables within one year +€2,822
up €2,822 (+754%), from €374 to €3,196
- Contributions +€8,806
new in 2025: €8,806
- Other debts +€6,343
up €6,343 (+740%), from €857 to €7,200
- Trade debts -€2,534
no longer reported in 2025 (was €2,534)
- Profit (loss) carried forward +€2,424
up €2,424 (+165%), from €1,467 to €3,891
- Tax, wage and social debts +€806
up €806 (+220%), from €367 to €1,173
- Gross operating margin +€14,815
up €14,815 (+419%), from €3,532 to €18,347
- Staff costs +€5,052
up €5,052 (+334%), from €1,511 to €6,563
- Depreciation +€1,111
new in 2025: €1,111
- Taxes +€439
up €439 (+120%), from €367 to €806
- Other operating charges +€197
new in 2025: €197
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 | €5,225 | €21,069 | +€15,844 | +303% |
| Fixed assets | 21/28 | - | €8,889 | +€8,889 | |
| Tangible fixed assets | 22/27 | - | €8,889 | +€8,889 | |
| Furniture and vehicles | 24 | - | €8,889 | +€8,889 | |
| Current assets | 29/58 | €5,225 | €12,180 | +€6,955 | +133% |
| Amounts receivable within one year | 40/41 | €374 | €3,196 | +€2,822 | +754% |
| Other amounts receivable | 41 | €374 | €3,196 | +€2,822 | +754% |
| Cash at bank and in hand | 54/58 | €4,851 | €8,984 | +€4,133 | +85.2% |
| Total equity and liabilities | 10/49 | €5,225 | €21,069 | +€15,844 | +303% |
| Equity | 10/15 | €1,467 | €12,696 | +€11,229 | +766% |
| Contributions | 10/11 | - | €8,806 | +€8,806 | |
| Profit (loss) carried forward | 14 | €1,467 | €3,891 | +€2,424 | +165% |
| Amounts payable | 17/49 | €3,758 | €8,373 | +€4,615 | +123% |
| Amounts payable within one year | 42/48 | €3,758 | €8,373 | +€4,615 | +123% |
| Trade debts | 44 | €2,534 | - | -€2,534 | |
| Suppliers | 440/4 | €2,534 | - | -€2,534 | |
| Taxes, remuneration and social security | 45 | €367 | €1,173 | +€806 | +220% |
| Taxes | 450/3 | €367 | €1,173 | +€806 | +220% |
| Other amounts payable | 47/48 | €857 | €7,200 | +€6,343 | +740% |
| Remuneration, social security and pensions | 62 | €1,511 | €6,563 | +€5,052 | +334% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,111 | +€1,111 | |
| Other operating charges | 640/8 | - | €197 | +€197 | |
| Gross operating margin | 9900 | €3,532 | €18,347 | +€14,815 | +419% |
| Operating profit (loss) | 9901 | €2,020 | €10,475 | +€8,454 | +418% |
| Financial charges | 65/66B | €187 | €45 | -€142 | -75.9% |
| Recurring financial charges | 65 | €187 | €45 | -€142 | -75.9% |
| Profit (loss) for the period before taxes | 9903 | €1,834 | €10,430 | +€8,596 | +469% |
| Income taxes | 67/77 | €367 | €806 | +€439 | +120% |
| Profit (loss) for the period | 9904 | €1,467 | €9,624 | +€8,157 | +556% |
| Profit (loss) for the period to be appropriated | 9905 | €1,467 | €9,624 | +€8,157 | +556% |
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 31 October 2026 via checked.be.