NADINNE: 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.
NADINNE
Largest movements
- Cash +€7,147
up €7,147 (+38.9%), from €18,367 to €25,514
mainly Trade debts (+€19,417) and Tax, wage and social debts (+€9,923)
- Deferred charges and accrued income +€3,939
up €3,939 (+637%), from €618 to €4,557
- Receivables within one year +€3,550
new in 2024: €3,550
of which Other amounts receivable: +€2,851
- Trade debts +€19,417
up €19,417 (+149,362%), from €13 to €19,430
- Debts after one year -€16,410
down €16,410 (-63.0%), from €26,057 to €9,647
- Tax, wage and social debts +€9,923
up €9,923 (+278%), from €3,575 to €13,498
- Profit (loss) carried forward +€8,075
up €8,075 (+28.1%), from €28,697 to €36,772
- Current portion of long-term debt -€5,319
down €5,319 (-30.4%), from €17,476 to €12,157
- Taxes +€28,508
new in 2024: €28,508
- Staff costs +€24,711
up €24,711 (+48.0%), from €51,525 to €76,236
- Depreciation -€6,989
no longer reported in 2024 (was €6,989)
- Gross operating margin -€2,194
down €2,194 (-1.8%), from €123,995 to €121,801
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €124,509 | €140,195 | +€15,686 | +12.6% |
| Fixed assets | 21/28 | €63,088 | €63,088 | = | 0.0% |
| Tangible fixed assets | 22/27 | €62,328 | €62,328 | = | 0.0% |
| Plant, machinery and equipment | 23 | €2,556 | €2,556 | = | 0.0% |
| Furniture and vehicles | 24 | €2,172 | €2,172 | = | 0.0% |
| Leasing and similar rights | 25 | €57,600 | €57,600 | = | 0.0% |
| Financial fixed assets | 28 | €760 | €760 | = | 0.0% |
| Current assets | 29/58 | €61,421 | €77,107 | +€15,686 | +25.5% |
| Amounts receivable after more than one year | 29 | €40,424 | €40,424 | = | 0.0% |
| Trade receivables | 290 | €1,349 | €1,349 | = | 0.0% |
| Other amounts receivable | 291 | €39,075 | €39,075 | = | 0.0% |
| Stocks and contracts in progress | 3 | €2,012 | €3,062 | +€1,050 | +52.2% |
| Stocks | 30/36 | €2,012 | €3,062 | +€1,050 | +52.2% |
| Amounts receivable within one year | 40/41 | - | €3,550 | +€3,550 | |
| Trade receivables | 40 | - | €699 | +€699 | |
| Other amounts receivable | 41 | - | €2,851 | +€2,851 | |
| Cash at bank and in hand | 54/58 | €18,367 | €25,514 | +€7,147 | +38.9% |
| Deferred charges and accrued income | 490/1 | €618 | €4,557 | +€3,939 | +637% |
| Total equity and liabilities | 10/49 | €124,509 | €140,195 | +€15,686 | +12.6% |
| Equity | 10/15 | €77,388 | €85,463 | +€8,075 | +10.4% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €29,691 | €29,691 | = | 0.0% |
| Non-distributable reserves | 130/1 | €702 | €702 | = | 0.0% |
| Reserves not available under the articles | 1311 | €702 | €702 | = | 0.0% |
| Tax-exempt reserves | 132 | €28,989 | €28,989 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,697 | €36,772 | +€8,075 | +28.1% |
| Amounts payable | 17/49 | €47,121 | €54,732 | +€7,611 | +16.2% |
| Amounts payable after more than one year | 17 | €26,057 | €9,647 | -€16,410 | -63.0% |
| Financial debts | 170/4 | €26,057 | €9,647 | -€16,410 | -63.0% |
| Amounts payable within one year | 42/48 | €21,064 | €45,085 | +€24,021 | +114% |
| Current portion of amounts payable after more than one year | 42 | €17,476 | €12,157 | -€5,319 | -30.4% |
| Trade debts | 44 | €13 | €19,430 | +€19,417 | +149,362% |
| Suppliers | 440/4 | €13 | €19,430 | +€19,417 | +149,362% |
| Taxes, remuneration and social security | 45 | €3,575 | €13,498 | +€9,923 | +278% |
| Taxes | 450/3 | €3,575 | €13,498 | +€9,923 | +278% |
| Remuneration, social security and pensions | 62 | €51,525 | €76,236 | +€24,711 | +48.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,989 | - | -€6,989 | |
| Other operating charges | 640/8 | €4,179 | €3,909 | -€270 | -6.5% |
| Gross operating margin | 9900 | €123,995 | €121,801 | -€2,194 | -1.8% |
| Operating profit (loss) | 9901 | €61,302 | €41,656 | -€19,646 | -32.0% |
| Financial income | 75/76B | €138 | - | -€138 | |
| Recurring financial income | 75 | €138 | - | -€138 | |
| Financial charges | 65/66B | €4,180 | €5,073 | +€893 | +21.4% |
| Recurring financial charges | 65 | €4,180 | €5,073 | +€893 | +21.4% |
| Profit (loss) for the period before taxes | 9903 | €57,260 | €36,583 | -€20,677 | -36.1% |
| Income taxes | 67/77 | - | €28,508 | +€28,508 | |
| Profit (loss) for the period | 9904 | €57,260 | €8,075 | -€49,185 | -85.9% |
| Profit (loss) for the period to be appropriated | 9905 | €57,260 | €8,075 | -€49,185 | -85.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.