NADINE TRADING: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
NADINE TRADING
Largest movements
- Receivables within one year +€1.9m
up €1.9m (+1,976%), from €97,972 to €2.0m
of which Other amounts receivable: +€1.6m
- Cash +€27,230
up €27,230 (+79.9%), from €34,092 to €61,322
mainly Trade debts (+€1.6m) and Other debts (+€302,793)
- Trade debts +€1.6m
new in 2025: €1.6m
- Other debts +€302,793
new in 2025: €302,793
- Purchases and services +€162,283
up €162,283 (+6.3%), from €2.6m to €2.7m
- Turnover +€111,818
up €111,818 (+4.3%), from €2.6m to €2.7m
- Gross operating margin -€50,465
down €50,465 (-81.2%), from €62,116 to €11,651
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €132,982 | €2,095,464 | +€2.0m | +1,476% |
| Fixed assets | 21/28 | €918 | €459 | -€459 | -50.0% |
| Tangible fixed assets | 22/27 | €918 | €459 | -€459 | -50.0% |
| Furniture and vehicles | 24 | €918 | €459 | -€459 | -50.0% |
| Current assets | 29/58 | €132,063 | €2,095,004 | +€2.0m | +1,486% |
| Amounts receivable within one year | 40/41 | €97,972 | €2,033,683 | +€1.9m | +1,976% |
| Trade receivables | 40 | €13,484 | €302,793 | +€289,309 | +2,146% |
| Other amounts receivable | 41 | €84,488 | €1,730,890 | +€1.6m | +1,949% |
| Cash at bank and in hand | 54/58 | €34,092 | €61,322 | +€27,230 | +79.9% |
| Total equity and liabilities | 10/49 | €132,982 | €2,095,464 | +€2.0m | +1,476% |
| Equity | 10/15 | €132,982 | €128,008 | -€4,974 | -3.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,071 | €1,071 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,071 | €1,071 | = | 0.0% |
| Legal reserve | 130 | €1,071 | €1,071 | = | 0.0% |
| Profit (loss) carried forward | 14 | €113,311 | €108,337 | -€4,974 | -4.4% |
| Provisions and deferred taxes | 16 | - | €17,000 | +€17,000 | |
| Provisions for liabilities and charges | 160/5 | - | €17,000 | +€17,000 | |
| Taxes | 161 | - | €17,000 | +€17,000 | |
| Amounts payable | 17/49 | - | €1,950,456 | +€2.0m | |
| Amounts payable within one year | 42/48 | - | €1,950,456 | +€2.0m | |
| Trade debts | 44 | - | €1,647,663 | +€1.6m | |
| Suppliers | 440/4 | - | €1,647,663 | +€1.6m | |
| Other amounts payable | 47/48 | - | €302,793 | +€302,793 | |
| Turnover | 70 | €2,623,830 | €2,735,648 | +€111,818 | +4.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,561,714 | €2,723,998 | +€162,283 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €459 | €459 | = | 0.0% |
| Other operating charges | 640/8 | €115 | €119 | +€4 | +3.1% |
| Gross operating margin | 9900 | €62,116 | €11,651 | -€50,465 | -81.2% |
| Operating profit (loss) | 9901 | €61,542 | €11,073 | -€50,469 | -82.0% |
| Financial income | 75/76B | €1,964 | €1,575 | -€388 | -19.8% |
| Recurring financial income | 75 | €1,964 | €1,575 | -€388 | -19.8% |
| Financial charges | 65/66B | €1,344 | €462 | -€882 | -65.6% |
| Recurring financial charges | 65 | €1,344 | €462 | -€882 | -65.6% |
| Profit (loss) for the period before taxes | 9903 | €62,161 | €12,186 | -€49,975 | -80.4% |
| Income taxes | 67/77 | - | €160 | +€160 | |
| Profit (loss) for the period | 9904 | €62,161 | €12,026 | -€50,135 | -80.7% |
| Profit (loss) for the period to be appropriated | 9905 | €62,161 | €12,026 | -€50,135 | -80.7% |
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.