NA GROUP: 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.
NA GROUP
Largest movements
- Cash -€28,308
down €28,308 (-74.9%), from €37,779 to €9,472
mainly Net result for the year (-€48,170) and Trade debts (-€10,066)
- Tangible fixed assets -€13,481
down €13,481 (-92.6%), from €14,566 to €1,085
of which Furniture and vehicles: -€13,269
- Receivables within one year -€10,131
down €10,131 (-91.4%), from €11,079 to €948
of which Trade receivables: -€9,705
- Stocks and contracts -€1,050
no longer reported in 2025 (was €1,050)
- Deferred charges and accrued income +€1,032
new in 2025: €1,032
- Profit (loss) carried forward -€48,170
down €48,170, from €39,547 to -€8,623
- Trade debts -€10,066
down €10,066 (-96.4%), from €10,440 to €374
- Tax, wage and social debts +€5,894
up €5,894 (+1,194%), from €494 to €6,388
of which Remuneration and social security: +€5,917
- Gross operating margin -€53,521
down €53,521, from €23,971 to -€29,550
- Depreciation -€5,106
down €5,106 (-27.5%), from €18,587 to €13,481
- Financial charges +€4,256
up €4,256 (+2,348%), from €181 to €4,437
- Financial income -€1,516
down €1,516 (-98.1%), from €1,546 to €30
- Other operating charges -€386
down €386 (-42.6%), from €906 to €520
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 | €64,474 | €12,537 | -€51,937 | -80.6% |
| Fixed assets | 21/28 | €14,566 | €1,085 | -€13,481 | -92.6% |
| Tangible fixed assets | 22/27 | €14,566 | €1,085 | -€13,481 | -92.6% |
| Plant, machinery and equipment | 23 | €547 | €335 | -€212 | -38.7% |
| Furniture and vehicles | 24 | €14,020 | €750 | -€13,269 | -94.6% |
| Current assets | 29/58 | €49,908 | €11,452 | -€38,456 | -77.1% |
| Stocks and contracts in progress | 3 | €1,050 | - | -€1,050 | |
| Stocks | 30/36 | €1,050 | - | -€1,050 | |
| Amounts receivable within one year | 40/41 | €11,079 | €948 | -€10,131 | -91.4% |
| Trade receivables | 40 | €10,414 | €709 | -€9,705 | -93.2% |
| Other amounts receivable | 41 | €665 | €239 | -€426 | -64.0% |
| Cash at bank and in hand | 54/58 | €37,779 | €9,472 | -€28,308 | -74.9% |
| Deferred charges and accrued income | 490/1 | - | €1,032 | +€1,032 | |
| Total equity and liabilities | 10/49 | €64,474 | €12,537 | -€51,937 | -80.6% |
| Equity | 10/15 | €52,047 | €3,877 | -€48,170 | -92.6% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,547 | -€8,623 | -€48,170 | |
| Amounts payable | 17/49 | €12,428 | €8,660 | -€3,767 | -30.3% |
| Amounts payable within one year | 42/48 | €12,428 | €8,660 | -€3,767 | -30.3% |
| Trade debts | 44 | €10,440 | €374 | -€10,066 | -96.4% |
| Suppliers | 440/4 | €10,440 | €374 | -€10,066 | -96.4% |
| Taxes, remuneration and social security | 45 | €494 | €6,388 | +€5,894 | +1,194% |
| Taxes | 450/3 | €235 | €212 | -€23 | -9.6% |
| Remuneration and social security | 454/9 | €259 | €6,176 | +€5,917 | +2,283% |
| Other amounts payable | 47/48 | €1,494 | €1,898 | +€405 | +27.1% |
| Remuneration, social security and pensions | 62 | €323 | - | -€323 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,587 | €13,481 | -€5,106 | -27.5% |
| Other operating charges | 640/8 | €906 | €520 | -€386 | -42.6% |
| Gross operating margin | 9900 | €23,971 | -€29,550 | -€53,521 | |
| Operating profit (loss) | 9901 | €4,156 | -€43,551 | -€47,706 | |
| Financial income | 75/76B | €1,546 | €30 | -€1,516 | -98.1% |
| Recurring financial income | 75 | €1,546 | €30 | -€1,516 | -98.1% |
| Financial charges | 65/66B | €181 | €4,437 | +€4,256 | +2,348% |
| Recurring financial charges | 65 | €181 | €4,437 | +€4,256 | +2,348% |
| Profit (loss) for the period before taxes | 9903 | €5,521 | -€47,958 | -€53,479 | |
| Income taxes | 67/77 | €235 | €212 | -€23 | -9.6% |
| Profit (loss) for the period | 9904 | €5,286 | -€48,170 | -€53,456 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,286 | -€48,170 | -€53,456 |
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 21 October 2026 via checked.be.