NACA ISOLATION: what changed
Two fiscal 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.
NACA ISOLATION
Largest movements
- Cash +€67,320
up €67,320 (+39.8%), from €168,967 to €236,287
mainly Net result for the year (+€137,147) and Trade debts (+€19,992)
- Receivables within one year +€18,578
up €18,578 (+49.3%), from €37,698 to €56,276
of which Trade receivables: +€19,743
- Deferred charges and accrued income +€5,632
new in 2025: €5,632
- Profit (loss) carried forward +€96,903
up €96,903 (+116.5%), from €83,194 to €180,097
- Tax, wage and social debts -€34,488
down €34,488 (-54.7%), from €63,046 to €28,558
of which Taxes: -€32,440
- Trade debts +€19,992
up €19,992 (+77.7%), from €25,743 to €45,736
- Other debts +€9,122
up €9,122 (+36.4%), from €25,037 to €34,159
- Gross operating margin +€106,572
up €106,572 (+70.2%), from €151,858 to €258,429
- Staff costs +€41,400
up €41,400 (+88.8%), from €46,627 to €88,026
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.
Cash bridge derived
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 | €207,020 | €298,550 | +€91,530 | +44.2% |
| Fixed assets | 21/28 | €355 | €355 | = | 0.0% |
| Financial fixed assets | 28 | €355 | €355 | = | 0.0% |
| Current assets | 29/58 | €206,665 | €298,195 | +€91,530 | +44.3% |
| Amounts receivable within one year | 40/41 | €37,698 | €56,276 | +€18,578 | +49.3% |
| Trade receivables | 40 | €23,156 | €42,899 | +€19,743 | +85.3% |
| Other amounts receivable | 41 | €14,542 | €13,377 | -€1,166 | -8.0% |
| Cash at bank and in hand | 54/58 | €168,967 | €236,287 | +€67,320 | +39.8% |
| Deferred charges and accrued income | 490/1 | - | €5,632 | +€5,632 | |
| Total equity and liabilities | 10/49 | €207,020 | €298,550 | +€91,530 | +44.2% |
| Equity | 10/15 | €93,194 | €190,097 | +€96,903 | +104.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,194 | €180,097 | +€96,903 | +116.5% |
| Amounts payable | 17/49 | €113,826 | €108,453 | -€5,374 | -4.7% |
| Amounts payable within one year | 42/48 | €113,826 | €108,453 | -€5,374 | -4.7% |
| Trade debts | 44 | €25,743 | €45,736 | +€19,992 | +77.7% |
| Suppliers | 440/4 | €25,743 | €45,736 | +€19,992 | +77.7% |
| Taxes, remuneration and social security | 45 | €63,046 | €28,558 | -€34,488 | -54.7% |
| Taxes | 450/3 | €59,337 | €26,897 | -€32,440 | -54.7% |
| Remuneration and social security | 454/9 | €3,709 | €1,661 | -€2,048 | -55.2% |
| Other amounts payable | 47/48 | €25,037 | €34,159 | +€9,122 | +36.4% |
| Remuneration, social security and pensions | 62 | €46,627 | €88,026 | +€41,400 | +88.8% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €151,858 | €258,429 | +€106,572 | +70.2% |
| Operating profit (loss) | 9901 | €105,231 | €170,003 | +€64,772 | +61.6% |
| Financial income | 75/76B | €136 | €133 | -€4 | -2.6% |
| Recurring financial income | 75 | €136 | €133 | -€4 | -2.6% |
| Financial charges | 65/66B | €211 | €562 | +€351 | +166.3% |
| Recurring financial charges | 65 | €211 | €562 | +€351 | +166.3% |
| Profit (loss) for the period before taxes | 9903 | €105,157 | €169,575 | +€64,418 | +61.3% |
| Income taxes | 67/77 | €33,658 | €32,427 | -€1,231 | -3.7% |
| Profit (loss) for the period | 9904 | €71,498 | €137,147 | +€65,649 | +91.8% |
| Profit (loss) for the period to be appropriated | 9905 | €71,498 | €137,147 | +€65,649 | +91.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.