NA² Financial Services: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
NA² Financial Services
Largest movements
- Receivables within one year +€11,245
up €11,245 (+19.6%), from €57,416 to €68,662
of which Other amounts receivable: +€27,595
- Trade debts -€103,710
down €103,710 (-82.1%), from €126,351 to €22,642
- Other debts +€99,362
up €99,362 (+84.5%), from €117,589 to €216,951
- Current portion of long-term debt +€44,375
up €44,375 (+3.2%), from €1.4m to €1.4m
- Profit (loss) carried forward -€36,483
down €36,483 (-2.3%), from -€1.6m to -€1.6m
- Accrued charges and deferred income +€6,830
new in 2025: €6,830
- Gross operating margin +€59,520
up €59,520 (+66.1%), from -€89,996 to -€30,476
- Other operating charges -€9,552
down €9,552 (-96.3%), from €9,917 to €366
- Taxes +€4,762
new in 2025: €4,762
- Financial charges -€2,256
down €2,256 (-97.7%), from €2,309 to €53
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €167,781 | €178,155 | +€10,374 | +6.2% |
| Fixed assets | 21/28 | €1,409 | €582 | -€827 | -58.7% |
| Tangible fixed assets | 22/27 | €1,409 | €582 | -€827 | -58.7% |
| Plant, machinery and equipment | 23 | €1,409 | €582 | -€827 | -58.7% |
| Current assets | 29/58 | €166,372 | €177,573 | +€11,201 | +6.7% |
| Stocks and contracts in progress | 3 | €108,900 | €108,900 | = | 0.0% |
| Stocks | 30/36 | €108,900 | €108,900 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €57,416 | €68,662 | +€11,245 | +19.6% |
| Trade receivables | 40 | €32,752 | €16,402 | -€16,350 | -49.9% |
| Other amounts receivable | 41 | €24,664 | €52,260 | +€27,595 | +112% |
| Cash at bank and in hand | 54/58 | €56 | €11 | -€44 | -79.6% |
| Total equity and liabilities | 10/49 | €167,781 | €178,155 | +€10,374 | +6.2% |
| Equity | 10/15 | -€1,457,917 | -€1,494,400 | -€36,483 | -2.5% |
| Contributions | 10/11 | €145,000 | €145,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,602,917 | -€1,639,400 | -€36,483 | -2.3% |
| Amounts payable | 17/49 | €1,625,698 | €1,672,556 | +€46,857 | +2.9% |
| Amounts payable within one year | 42/48 | €1,625,698 | €1,665,726 | +€40,027 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €1,381,758 | €1,426,133 | +€44,375 | +3.2% |
| Trade debts | 44 | €126,351 | €22,642 | -€103,710 | -82.1% |
| Suppliers | 440/4 | €126,351 | €22,642 | -€103,710 | -82.1% |
| Other amounts payable | 47/48 | €117,589 | €216,951 | +€99,362 | +84.5% |
| Accrued charges and deferred income | 492/3 | - | €6,830 | +€6,830 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €941 | €827 | -€114 | -12.1% |
| Other operating charges | 640/8 | €9,917 | €366 | -€9,552 | -96.3% |
| Non-recurring operating charges | 66A | €7,675 | - | -€7,675 | |
| Gross operating margin | 9900 | -€89,996 | -€30,476 | +€59,520 | +66.1% |
| Operating profit (loss) | 9901 | -€108,529 | -€31,668 | +€76,860 | +70.8% |
| Financial charges | 65/66B | €2,309 | €53 | -€2,256 | -97.7% |
| Recurring financial charges | 65 | €2,309 | €53 | -€2,256 | -97.7% |
| Profit (loss) for the period before taxes | 9903 | -€110,837 | -€31,721 | +€79,116 | +71.4% |
| Income taxes | 67/77 | - | €4,762 | +€4,762 | |
| Profit (loss) for the period | 9904 | -€110,837 | -€36,483 | +€74,354 | +67.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€110,837 | -€36,483 | +€74,354 | +67.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.