NACADEMY: 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.
NACADEMY
Largest movements
- Cash -€1,273
down €1,273 (-5.0%), from €25,356 to €24,083
mainly Net result for the year (-€1,215) and Receivables within one year (-€216)
- Profit (loss) carried forward -€1,215
down €1,215 (-3.9%), from -€31,395 to -€32,610
- Gross operating margin +€2,995
up €2,995 (+80.8%), from -€3,707 to -€713
- Depreciation -€921
down €921 (-100.0%), from €921 to €0
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 | €34,092 | €33,036 | -€1,056 | -3.1% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €0 | - | = | |
| Intangible fixed assets | 21 | €0 | - | = | |
| Current assets | 29/58 | €34,092 | €33,036 | -€1,056 | -3.1% |
| Amounts receivable within one year | 40/41 | €8,736 | €8,953 | +€216 | +2.5% |
| Other amounts receivable | 41 | €8,736 | €8,953 | +€216 | +2.5% |
| Cash at bank and in hand | 54/58 | €25,356 | €24,083 | -€1,273 | -5.0% |
| Total equity and liabilities | 10/49 | €34,092 | €33,036 | -€1,056 | -3.1% |
| Equity | 10/15 | €33,605 | €32,390 | -€1,215 | -3.6% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,395 | -€32,610 | -€1,215 | -3.9% |
| Amounts payable | 17/49 | €487 | €645 | +€159 | +32.6% |
| Amounts payable within one year | 42/48 | €487 | €583 | +€97 | +19.9% |
| Trade debts | 44 | €487 | €583 | +€97 | +19.9% |
| Suppliers | 440/4 | €487 | €583 | +€97 | +19.9% |
| Accrued charges and deferred income | 492/3 | - | €62 | +€62 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €921 | €0 | -€921 | -100.0% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | -€3,707 | -€713 | +€2,995 | +80.8% |
| Operating profit (loss) | 9901 | -€5,078 | -€1,174 | +€3,903 | +76.9% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €39 | €40 | +€1 | +3.5% |
| Recurring financial charges | 65 | €39 | €40 | +€1 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,117 | -€1,215 | +€3,902 | +76.3% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€5,117 | -€1,215 | +€3,902 | +76.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,117 | -€1,215 | +€3,902 | +76.3% |
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 12 October 2026 via checked.be.