N.ANATA: 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.ANATA
Largest movements
- Cash -€24,515
down €24,515 (-50.4%), from €48,604 to €24,090
mainly Tax, wage and social debts (-€29,695) and Net result for the year (-€14,031)
- Receivables within one year +€5,888
up €5,888 (+2.5%), from €232,940 to €238,827
of which Trade receivables: +€10,338
- Tax, wage and social debts -€29,695
down €29,695 (-60.1%), from €49,381 to €19,686
of which Remuneration and social security: -€29,738
- Advances received +€25,358
new in 2025: €25,358
- Profit (loss) carried forward -€14,031
new in 2025: -€14,031
- Gross operating margin -€9,027
down €9,027 (-5.9%), from €153,509 to €144,482
- Taxes +€3,768
up €3,768 (+2,701%), from €140 to €3,908
- Staff costs +€2,301
up €2,301 (+1.5%), from €155,855 to €158,156
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 | €301,890 | €282,625 | -€19,266 | -6.4% |
| Fixed assets | 21/28 | €9,497 | €7,858 | -€1,639 | -17.3% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €9,447 | €7,808 | -€1,639 | -17.3% |
| Plant, machinery and equipment | 23 | €7,981 | €6,662 | -€1,319 | -16.5% |
| Furniture and vehicles | 24 | €1,466 | €1,146 | -€320 | -21.8% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €292,394 | €274,767 | -€17,627 | -6.0% |
| Stocks and contracts in progress | 3 | €10,850 | €11,850 | +€1,000 | +9.2% |
| Stocks | 30/36 | €10,850 | €11,850 | +€1,000 | +9.2% |
| Amounts receivable within one year | 40/41 | €232,940 | €238,827 | +€5,888 | +2.5% |
| Trade receivables | 40 | €12,659 | €22,997 | +€10,338 | +81.7% |
| Other amounts receivable | 41 | €220,281 | €215,830 | -€4,451 | -2.0% |
| Cash at bank and in hand | 54/58 | €48,604 | €24,090 | -€24,515 | -50.4% |
| Total equity and liabilities | 10/49 | €301,890 | €282,625 | -€19,266 | -6.4% |
| Equity | 10/15 | €127,194 | €113,163 | -€14,031 | -11.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €120,994 | €120,994 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,937 | €13,937 | = | 0.0% |
| Distributable reserves | 133 | €105,198 | €105,198 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€14,031 | -€14,031 | |
| Amounts payable | 17/49 | €174,696 | €169,461 | -€5,235 | -3.0% |
| Amounts payable within one year | 42/48 | €174,696 | €169,461 | -€5,235 | -3.0% |
| Trade debts | 44 | €98,247 | €97,349 | -€898 | -0.9% |
| Suppliers | 440/4 | €98,247 | €97,349 | -€898 | -0.9% |
| Advances received on contracts in progress | 46 | - | €25,358 | +€25,358 | |
| Taxes, remuneration and social security | 45 | €49,381 | €19,686 | -€29,695 | -60.1% |
| Taxes | 450/3 | €9,802 | €9,844 | +€43 | +0.4% |
| Remuneration and social security | 454/9 | €39,579 | €9,841 | -€29,738 | -75.1% |
| Other amounts payable | 47/48 | €27,068 | €27,068 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €155,855 | €158,156 | +€2,301 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,793 | €1,639 | -€1,154 | -41.3% |
| Other operating charges | 640/8 | €1,880 | €2,425 | +€545 | +29.0% |
| Gross operating margin | 9900 | €153,509 | €144,482 | -€9,027 | -5.9% |
| Operating profit (loss) | 9901 | -€7,019 | -€17,737 | -€10,718 | -153% |
| Financial income | 75/76B | €8,689 | €8,631 | -€57 | -0.7% |
| Recurring financial income | 75 | €8,689 | €8,631 | -€57 | -0.7% |
| Financial charges | 65/66B | €1,070 | €1,017 | -€53 | -4.9% |
| Recurring financial charges | 65 | €1,070 | €1,017 | -€53 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €600 | -€10,123 | -€10,723 | |
| Income taxes | 67/77 | €140 | €3,908 | +€3,768 | +2,701% |
| Profit (loss) for the period | 9904 | €460 | -€14,031 | -€14,491 | |
| Profit (loss) for the period to be appropriated | 9905 | €460 | -€14,031 | -€14,491 |
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 18 October 2026 via checked.be.