NADENT: 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.
NADENT
Largest movements
- Cash +€34,132
up €34,132 (+95.4%), from €35,769 to €69,901
mainly Other debts (+€71,009) and Net result for the year (+€56,537)
- Intangible fixed assets -€15,037
down €15,037 (-12.7%), from €118,524 to €103,487
- Other debts +€71,009
up €71,009 (+326.4%), from €21,758 to €92,767
- Profit (loss) carried forward -€40,663
down €40,663 (-99.7%), from €40,783 to €120
- Tax, wage and social debts -€12,205
down €12,205 (-81.0%), from €15,073 to €2,867
of which Taxes: -€14,705
- Gross operating margin +€18,100
up €18,100 (+24.7%), from €73,402 to €91,502
- Taxes +€4,480
up €4,480 (+41.2%), from €10,887 to €15,367
- Other operating charges -€1,660
down €1,660 (-60.1%), from €2,761 to €1,101
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 | €170,101 | €188,393 | +€18,292 | +10.8% |
| Fixed assets | 21/28 | €130,397 | €114,495 | -€15,902 | -12.2% |
| Intangible fixed assets | 21 | €118,524 | €103,487 | -€15,037 | -12.7% |
| Tangible fixed assets | 22/27 | €1,075 | €210 | -€865 | -80.5% |
| Plant, machinery and equipment | 23 | €1,075 | €210 | -€865 | -80.5% |
| Financial fixed assets | 28 | €10,798 | €10,798 | = | 0.0% |
| Current assets | 29/58 | €39,704 | €73,899 | +€34,194 | +86.1% |
| Amounts receivable within one year | 40/41 | €3,113 | €3,113 | = | 0.0% |
| Other amounts receivable | 41 | €3,113 | €3,113 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €35,769 | €69,901 | +€34,132 | +95.4% |
| Deferred charges and accrued income | 490/1 | €822 | €884 | +€62 | +7.5% |
| Total equity and liabilities | 10/49 | €170,101 | €188,393 | +€18,292 | +10.8% |
| Equity | 10/15 | €132,883 | €92,220 | -€40,663 | -30.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €89,100 | €89,100 | = | 0.0% |
| Distributable reserves | 133 | €89,100 | €89,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,783 | €120 | -€40,663 | -99.7% |
| Amounts payable | 17/49 | €37,218 | €96,174 | +€58,955 | +158.4% |
| Amounts payable within one year | 42/48 | €37,218 | €96,174 | +€58,955 | +158.4% |
| Trade debts | 44 | €387 | €539 | +€152 | +39.2% |
| Suppliers | 440/4 | €387 | €539 | +€152 | +39.2% |
| Taxes, remuneration and social security | 45 | €15,073 | €2,867 | -€12,205 | -81.0% |
| Taxes | 450/3 | €15,073 | €367 | -€14,705 | -97.6% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €21,758 | €92,767 | +€71,009 | +326.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,902 | €15,902 | = | 0.0% |
| Other operating charges | 640/8 | €2,761 | €1,101 | -€1,660 | -60.1% |
| Gross operating margin | 9900 | €73,402 | €91,502 | +€18,100 | +24.7% |
| Operating profit (loss) | 9901 | €54,739 | €74,498 | +€19,759 | +36.1% |
| Financial charges | 65/66B | €3,143 | €2,594 | -€549 | -17.5% |
| Recurring financial charges | 65 | €3,143 | €2,594 | -€549 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | €51,596 | €71,904 | +€20,308 | +39.4% |
| Income taxes | 67/77 | €10,887 | €15,367 | +€4,480 | +41.2% |
| Profit (loss) for the period | 9904 | €40,709 | €56,537 | +€15,828 | +38.9% |
| Profit (loss) for the period to be appropriated | 9905 | €40,709 | €56,537 | +€15,828 | +38.9% |
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 4 October 2026 via checked.be.