NACRI: 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.
NACRI
Largest movements
- Receivables within one year +€25,595
up €25,595 (+106.1%), from €24,113 to €49,708
of which Trade receivables: +€23,138
- Cash -€15,845
down €15,845 (-19.7%), from €80,536 to €64,690
mainly Receivables within one year (-€25,595) and Net result for the year (-€24,263)
- Tangible fixed assets -€8,043
down €8,043 (-12.7%), from €63,498 to €55,455
of which Furniture and vehicles: -€4,400
- Profit (loss) carried forward -€24,263
down €24,263, from €3,045 to -€21,218
- Other debts +€10,746
up €10,746 (+14.5%), from €73,967 to €84,713
- Tax, wage and social debts +€9,862
up €9,862 (+52.3%), from €18,838 to €28,700
of which Remuneration and social security: +€8,571
- Trade debts +€5,679
up €5,679 (+31.5%), from €18,001 to €23,680
- Gross operating margin +€31,848
up €31,848 (+121.7%), from €26,170 to €58,018
- Financial income -€12,046
down €12,046 (-86.5%), from €13,933 to €1,888
of which Financial income: -€10,676
- Staff costs +€9,987
up €9,987 (+16.8%), from €59,273 to €69,260
- Financial charges +€3,740
up €3,740 (+795.1%), from €470 to €4,211
- Depreciation +€1,912
up €1,912 (+31.2%), from €6,131 to €8,043
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 | €182,051 | €184,075 | +€2,023 | +1.1% |
| Fixed assets | 21/28 | €63,498 | €55,455 | -€8,043 | -12.7% |
| Tangible fixed assets | 22/27 | €63,498 | €55,455 | -€8,043 | -12.7% |
| Land and buildings | 22 | €9,174 | €9,174 | = | 0.0% |
| Plant, machinery and equipment | 23 | €36,449 | €32,806 | -€3,643 | -10.0% |
| Furniture and vehicles | 24 | €17,875 | €13,475 | -€4,400 | -24.6% |
| Current assets | 29/58 | €118,554 | €128,620 | +€10,066 | +8.5% |
| Stocks and contracts in progress | 3 | €13,905 | €14,222 | +€317 | +2.3% |
| Stocks | 30/36 | €13,905 | €14,222 | +€317 | +2.3% |
| Amounts receivable within one year | 40/41 | €24,113 | €49,708 | +€25,595 | +106.1% |
| Trade receivables | 40 | €24,113 | €47,251 | +€23,138 | +96.0% |
| Other amounts receivable | 41 | - | €2,457 | +€2,457 | |
| Cash at bank and in hand | 54/58 | €80,536 | €64,690 | -€15,845 | -19.7% |
| Total equity and liabilities | 10/49 | €182,051 | €184,075 | +€2,023 | +1.1% |
| Equity | 10/15 | €71,245 | €46,982 | -€24,263 | -34.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,045 | -€21,218 | -€24,263 | |
| Amounts payable | 17/49 | €110,807 | €137,093 | +€26,286 | +23.7% |
| Amounts payable within one year | 42/48 | €110,807 | €137,093 | +€26,286 | +23.7% |
| Trade debts | 44 | €18,001 | €23,680 | +€5,679 | +31.5% |
| Suppliers | 440/4 | €18,001 | €23,680 | +€5,679 | +31.5% |
| Taxes, remuneration and social security | 45 | €18,838 | €28,700 | +€9,862 | +52.3% |
| Taxes | 450/3 | €10,388 | €11,679 | +€1,291 | +12.4% |
| Remuneration and social security | 454/9 | €8,450 | €17,021 | +€8,571 | +101.4% |
| Other amounts payable | 47/48 | €73,967 | €84,713 | +€10,746 | +14.5% |
| Remuneration, social security and pensions | 62 | €59,273 | €69,260 | +€9,987 | +16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,131 | €8,043 | +€1,912 | +31.2% |
| Other operating charges | 640/8 | €3,764 | €2,355 | -€1,408 | -37.4% |
| Gross operating margin | 9900 | €26,170 | €58,018 | +€31,848 | +121.7% |
| Operating profit (loss) | 9901 | -€42,998 | -€21,641 | +€21,357 | +49.7% |
| Financial income | 75/76B | €13,933 | €1,888 | -€12,046 | -86.5% |
| Recurring financial income | 75 | €12,563 | €1,888 | -€10,676 | -85.0% |
| Non-recurring financial income | 76B | €1,370 | - | -€1,370 | |
| Financial charges | 65/66B | €470 | €4,211 | +€3,740 | +795.1% |
| Recurring financial charges | 65 | €470 | €4,211 | +€3,740 | +795.1% |
| Profit (loss) for the period before taxes | 9903 | -€29,535 | -€23,964 | +€5,571 | +18.9% |
| Income taxes | 67/77 | €208 | €299 | +€91 | +43.8% |
| Profit (loss) for the period | 9904 | -€29,743 | -€24,263 | +€5,480 | +18.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,743 | -€24,263 | +€5,480 | +18.4% |
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 9 October 2026 via checked.be.