Na-Tec: 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-Tec
Largest movements
- Tangible fixed assets +€31,453
up €31,453 (+115%), from €27,393 to €58,846
of which Furniture and vehicles: +€22,670
- Cash -€10,292
down €10,292 (-12.6%), from €81,616 to €71,324
mainly Investment in fixed assets (net) (-€40,885) and Receivables within one year (-€8,107)
- Receivables within one year +€8,107
up €8,107 (+30.2%), from €26,884 to €34,991
of which Other amounts receivable: +€8,575
- Current portion of long-term debt +€10,196
new in 2025: €10,196
- Debts after one year +€8,800
new in 2025: €8,800
- Reserves +€8,567
up €8,567 (+16.8%), from €50,972 to €59,539
of which Distributable reserves: +€8,567
- Tax, wage and social debts -€7,825
down €7,825 (-97.7%), from €8,008 to €183
- Other debts +€3,853
up €3,853 (+14.8%), from €25,967 to €29,819
- Gross operating margin +€3,111
up €3,111 (+10.9%), from €28,458 to €31,569
- Depreciation +€1,996
up €1,996 (+23.0%), from €8,686 to €10,682
- Financial charges +€1,453
up €1,453 (+77.8%), from €1,868 to €3,320
- Taxes -€1,010
down €1,010 (-14.0%), from €7,193 to €6,183
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 | €165,617 | €192,776 | +€27,158 | +16.4% |
| Fixed assets | 21/28 | €52,426 | €82,629 | +€30,203 | +57.6% |
| Tangible fixed assets | 22/27 | €27,393 | €58,846 | +€31,453 | +115% |
| Plant, machinery and equipment | 23 | €9,099 | €17,881 | +€8,783 | +96.5% |
| Furniture and vehicles | 24 | €18,295 | €40,965 | +€22,670 | +124% |
| Financial fixed assets | 28 | €25,032 | €23,782 | -€1,250 | -5.0% |
| Current assets | 29/58 | €113,192 | €110,147 | -€3,045 | -2.7% |
| Amounts receivable within one year | 40/41 | €26,884 | €34,991 | +€8,107 | +30.2% |
| Trade receivables | 40 | €26,848 | €26,380 | -€468 | -1.7% |
| Other amounts receivable | 41 | €36 | €8,611 | +€8,575 | +23,792% |
| Cash at bank and in hand | 54/58 | €81,616 | €71,324 | -€10,292 | -12.6% |
| Deferred charges and accrued income | 490/1 | €4,692 | €3,832 | -€860 | -18.3% |
| Total equity and liabilities | 10/49 | €165,617 | €192,776 | +€27,158 | +16.4% |
| Equity | 10/15 | €120,112 | €128,679 | +€8,567 | +7.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €50,972 | €59,539 | +€8,567 | +16.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €50,972 | €59,539 | +€8,567 | +16.8% |
| Profit (loss) carried forward | 14 | €50,540 | €50,540 | = | 0.0% |
| Amounts payable | 17/49 | €45,506 | €64,097 | +€18,591 | +40.9% |
| Amounts payable after more than one year | 17 | - | €8,800 | +€8,800 | |
| Financial debts | 170/4 | - | €8,800 | +€8,800 | |
| Amounts payable within one year | 42/48 | €42,613 | €50,182 | +€7,569 | +17.8% |
| Current portion of amounts payable after more than one year | 42 | - | €10,196 | +€10,196 | |
| Financial debts | 43 | €14 | €176 | +€162 | +1,154% |
| Credit institutions | 430/8 | €14 | €176 | +€162 | +1,154% |
| Trade debts | 44 | €8,625 | €9,807 | +€1,183 | +13.7% |
| Suppliers | 440/4 | €8,625 | €9,807 | +€1,183 | +13.7% |
| Taxes, remuneration and social security | 45 | €8,008 | €183 | -€7,825 | -97.7% |
| Taxes | 450/3 | €8,008 | €183 | -€7,825 | -97.7% |
| Other amounts payable | 47/48 | €25,967 | €29,819 | +€3,853 | +14.8% |
| Accrued charges and deferred income | 492/3 | €2,893 | €5,114 | +€2,222 | +76.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,686 | €10,682 | +€1,996 | +23.0% |
| Other operating charges | 640/8 | €3,134 | €2,856 | -€278 | -8.9% |
| Gross operating margin | 9900 | €28,458 | €31,569 | +€3,111 | +10.9% |
| Operating profit (loss) | 9901 | €16,638 | €18,031 | +€1,393 | +8.4% |
| Financial income | 75/76B | €0 | €39 | +€39 | +392,800% |
| Recurring financial income | 75 | €0 | €39 | +€39 | +392,800% |
| Financial charges | 65/66B | €1,868 | €3,320 | +€1,453 | +77.8% |
| Recurring financial charges | 65 | €1,868 | €3,320 | +€1,453 | +77.8% |
| Profit (loss) for the period before taxes | 9903 | €14,771 | €14,750 | -€20 | -0.1% |
| Income taxes | 67/77 | €7,193 | €6,183 | -€1,010 | -14.0% |
| Profit (loss) for the period | 9904 | €7,577 | €8,567 | +€990 | +13.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,577 | €8,567 | +€990 | +13.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.