NADIN GLOBAL SOLUTIONS: what changed
What changed
NADIN GLOBAL SOLUTIONS
NACE 49.420, Removal services
filed annual accounts (NBB)
Net result for the year
€72,952
2024 · €69,114+€3,838
Equity
€664,528
2024 · €594,864+€69,664
Cash
€194,077
2024 · €163,862+€30,215
Balance sheet total
€699,496
2024 · €712,635-€13,139
Largest movements
Assets
- Tangible fixed assets -€68,680
down €68,680 (-13.1%), from €525,852 to €457,172
of which Land and buildings: -€67,567
- Cash +€30,215
up €30,215 (+18.4%), from €163,862 to €194,077
mainly Net result for the year (+€72,952) and Depreciation (+€68,680)
- Receivables within one year +€25,919
up €25,919 (+116%), from €22,328 to €48,247
of which Trade receivables: +€25,914
Equity and liabilities
- Profit (loss) carried forward +€72,952
up €72,952 (+14.4%), from €506,869 to €579,821
- Current portion of long-term debt -€49,633
down €49,633 (-71.2%), from €69,748 to €20,115
- Other debts -€24,700
down €24,700 (-94.3%), from €26,195 to €1,495
- Debts after one year -€10,047
no longer reported in 2025 (was €10,047)
Income statement
- Gross operating margin +€5,653
up €5,653 (+3.3%), from €169,089 to €174,743
- Provisions +€2,200
no longer reported in 2025 (was -€2,200)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€69,114
Gross operating margin
+€5,653
Depreciation
+€477
Provisions
-€2,200
Other operating charges
-€1,133
Other operating items
+€437
Financial charges
+€1,368
Taxes
-€764
Result 2025
€72,952
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€93,183
Investment
€0
Financing
-€62,968
Cash 2024
€163,862
From operations (derived)
+€93,183
Net result for the year
+€72,952
Depreciation
+€68,680
Receivables within one year
-€25,919
Deferred charges and accrued income
+€593
Trade debts
+€361
Tax, wage and social debts
+€719
Other debts
-€24,700
Accrued charges and deferred income
+€498
Financing
-€62,968
Debts after one year
-€10,047
Current portion of long-term debt
-€49,633
Contributions, distributions and other
-€3,288
Cash 2025
€194,077
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €712,635 | €699,496 | -€13,139 | -1.8% |
| Fixed assets | 21/28 | €525,852 | €457,172 | -€68,680 | -13.1% |
| Tangible fixed assets | 22/27 | €525,852 | €457,172 | -€68,680 | -13.1% |
| Land and buildings | 22 | €524,739 | €457,172 | -€67,567 | -12.9% |
| Plant, machinery and equipment | 23 | €1,113 | - | -€1,113 | |
| Current assets | 29/58 | €186,783 | €242,324 | +€55,541 | +29.7% |
| Amounts receivable within one year | 40/41 | €22,328 | €48,247 | +€25,919 | +116% |
| Trade receivables | 40 | €20,105 | €46,018 | +€25,914 | +129% |
| Other amounts receivable | 41 | €2,223 | €2,228 | +€5 | +0.2% |
| Cash at bank and in hand | 54/58 | €163,862 | €194,077 | +€30,215 | +18.4% |
| Deferred charges and accrued income | 490/1 | €593 | - | -€593 | |
| Total equity and liabilities | 10/49 | €712,635 | €699,496 | -€13,139 | -1.8% |
| Equity | 10/15 | €594,864 | €664,528 | +€69,664 | +11.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €506,869 | €579,821 | +€72,952 | +14.4% |
| Investment grants | 15 | €20,345 | €17,057 | -€3,288 | -16.2% |
| Amounts payable | 17/49 | €117,771 | €34,969 | -€82,803 | -70.3% |
| Amounts payable after more than one year | 17 | €10,047 | - | -€10,047 | |
| Financial debts | 170/4 | €10,047 | - | -€10,047 | |
| Amounts payable within one year | 42/48 | €104,572 | €31,319 | -€73,253 | -70.1% |
| Current portion of amounts payable after more than one year | 42 | €69,748 | €20,115 | -€49,633 | -71.2% |
| Trade debts | 44 | €2,175 | €2,535 | +€361 | +16.6% |
| Suppliers | 440/4 | €2,175 | €2,535 | +€361 | +16.6% |
| Taxes, remuneration and social security | 45 | €6,455 | €7,173 | +€719 | +11.1% |
| Taxes | 450/3 | €6,455 | €7,173 | +€719 | +11.1% |
| Other amounts payable | 47/48 | €26,195 | €1,495 | -€24,700 | -94.3% |
| Accrued charges and deferred income | 492/3 | €3,153 | €3,650 | +€498 | +15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,157 | €68,680 | -€477 | -0.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€2,200 | - | +€2,200 | |
| Other operating charges | 640/8 | €10,790 | €11,924 | +€1,133 | +10.5% |
| Non-recurring operating charges | 66A | €439 | €2 | -€437 | -99.5% |
| Gross operating margin | 9900 | €169,089 | €174,743 | +€5,653 | +3.3% |
| Operating profit (loss) | 9901 | €90,903 | €94,137 | +€3,234 | +3.6% |
| Financial income | 75/76B | €3,296 | €3,296 | = | 0.0% |
| Recurring financial income | 75 | €3,296 | €3,296 | = | 0.0% |
| Financial charges | 65/66B | €2,628 | €1,260 | -€1,368 | -52.1% |
| Recurring financial charges | 65 | €2,628 | €1,260 | -€1,368 | -52.1% |
| Profit (loss) for the period before taxes | 9903 | €91,571 | €96,173 | +€4,602 | +5.0% |
| Income taxes | 67/77 | €22,457 | €23,221 | +€764 | +3.4% |
| Profit (loss) for the period | 9904 | €69,114 | €72,952 | +€3,838 | +5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €69,114 | €72,952 | +€3,838 | +5.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.