NADIE: 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.
NADIE
Largest movements
- Tangible fixed assets -€13,999
down €13,999 (-17.7%), from €79,047 to €65,048
of which Land and buildings: -€11,571
- Cash +€2,769
up €2,769 (+104.5%), from €2,649 to €5,418
mainly Net result for the year (+€30,623) and Depreciation (+€15,989)
- Receivables within one year -€992
down €992 (-22.7%), from €4,378 to €3,386
of which Trade receivables: -€1,548
- Profit (loss) carried forward +€30,623
up €30,623 (+54.0%), from -€56,730 to -€26,107
- Other debts -€23,696
down €23,696 (-93.6%), from €25,311 to €1,615
- Debts after one year -€16,546
down €16,546 (-21.9%), from €75,441 to €58,894
- Trade debts -€2,769
down €2,769 (-75.4%), from €3,673 to €904
- Gross operating margin +€4,851
up €4,851 (+10.2%), from €47,397 to €52,248
- Depreciation +€1,176
up €1,176 (+7.9%), from €14,813 to €15,989
- Financial charges +€1,152
up €1,152 (+58.1%), from €1,983 to €3,135
- Other operating charges +€926
up €926 (+58.5%), from €1,584 to €2,510
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 | €87,496 | €75,234 | -€12,261 | -14.0% |
| Fixed assets | 21/28 | €79,047 | €65,048 | -€13,999 | -17.7% |
| Tangible fixed assets | 22/27 | €79,047 | €65,048 | -€13,999 | -17.7% |
| Land and buildings | 22 | €49,974 | €38,404 | -€11,571 | -23.2% |
| Plant, machinery and equipment | 23 | €3,095 | €2,002 | -€1,093 | -35.3% |
| Furniture and vehicles | 24 | - | €1,930 | +€1,930 | |
| Other tangible fixed assets | 26 | €25,978 | €22,712 | -€3,265 | -12.6% |
| Current assets | 29/58 | €8,449 | €10,187 | +€1,738 | +20.6% |
| Stocks and contracts in progress | 3 | €585 | €576 | -€9 | -1.5% |
| Stocks | 30/36 | €585 | €576 | -€9 | -1.5% |
| Amounts receivable within one year | 40/41 | €4,378 | €3,386 | -€992 | -22.7% |
| Trade receivables | 40 | €3,722 | €2,175 | -€1,548 | -41.6% |
| Other amounts receivable | 41 | €656 | €1,211 | +€556 | +84.8% |
| Cash at bank and in hand | 54/58 | €2,649 | €5,418 | +€2,769 | +104.5% |
| Deferred charges and accrued income | 490/1 | €836 | €807 | -€30 | -3.5% |
| Total equity and liabilities | 10/49 | €87,496 | €75,234 | -€12,261 | -14.0% |
| Equity | 10/15 | -€36,730 | -€6,107 | +€30,623 | +83.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,730 | -€26,107 | +€30,623 | +54.0% |
| Amounts payable | 17/49 | €124,226 | €81,341 | -€42,884 | -34.5% |
| Amounts payable after more than one year | 17 | €75,441 | €58,894 | -€16,546 | -21.9% |
| Financial debts | 170/4 | €75,441 | €58,894 | -€16,546 | -21.9% |
| Amounts payable within one year | 42/48 | €48,785 | €22,447 | -€26,338 | -54.0% |
| Current portion of amounts payable after more than one year | 42 | €17,401 | €17,188 | -€213 | -1.2% |
| Trade debts | 44 | €3,673 | €904 | -€2,769 | -75.4% |
| Suppliers | 440/4 | €3,673 | €904 | -€2,769 | -75.4% |
| Taxes, remuneration and social security | 45 | €2,400 | €2,740 | +€340 | +14.2% |
| Taxes | 450/3 | €2,400 | €2,740 | +€340 | +14.2% |
| Other amounts payable | 47/48 | €25,311 | €1,615 | -€23,696 | -93.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,813 | €15,989 | +€1,176 | +7.9% |
| Other operating charges | 640/8 | €1,584 | €2,510 | +€926 | +58.5% |
| Gross operating margin | 9900 | €47,397 | €52,248 | +€4,851 | +10.2% |
| Operating profit (loss) | 9901 | €31,001 | €33,749 | +€2,748 | +8.9% |
| Financial income | 75/76B | €4 | €9 | +€5 | +120.7% |
| Recurring financial income | 75 | €4 | €9 | +€5 | +120.7% |
| Financial charges | 65/66B | €1,983 | €3,135 | +€1,152 | +58.1% |
| Recurring financial charges | 65 | €1,983 | €3,135 | +€1,152 | +58.1% |
| Profit (loss) for the period before taxes | 9903 | €29,022 | €30,623 | +€1,601 | +5.5% |
| Profit (loss) for the period | 9904 | €29,022 | €30,623 | +€1,601 | +5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €29,022 | €30,623 | +€1,601 | +5.5% |
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 10 October 2026 via checked.be.