NADUEVA: 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.
NADUEVA
Largest movements
- Receivables within one year -€30,775
down €30,775 (-81.2%), from €37,896 to €7,120
of which Other amounts receivable: -€29,468
- Receivables after one year -€15,000
down €15,000 (-100%), from €15,000 to €0
- Cash -€7,025
down €7,025 (-21.1%), from €33,364 to €26,339
mainly Contributions, distributions and other (-€104,000) and Investment in fixed assets (net) (-€2,276)
- Tangible fixed assets +€980
up €980 (+32.0%), from €3,062 to €4,042
- Reserves -€77,453
down €77,453 (-98.8%), from €78,392 to €938
- Other debts +€26,586
new in 2025: €26,586
- Tax, wage and social debts -€1,161
down €1,161 (-12.9%), from €9,027 to €7,865
- Financial income -€719
down €719 (-46.0%), from €1,564 to €845
- Gross operating margin +€716
up €716 (+2.0%), from €35,426 to €36,141
- Depreciation +€499
up €499 (+62.5%), from €798 to €1,296
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.
Derived cash bridge
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 | €89,322 | €37,501 | -€51,821 | -58.0% |
| Fixed assets | 21/28 | €3,062 | €4,042 | +€980 | +32.0% |
| Tangible fixed assets | 22/27 | €3,062 | €4,042 | +€980 | +32.0% |
| Furniture and vehicles | 24 | €3,062 | €4,042 | +€980 | +32.0% |
| Current assets | 29/58 | €86,260 | €33,459 | -€52,801 | -61.2% |
| Amounts receivable after more than one year | 29 | €15,000 | €0 | -€15,000 | -100% |
| Other amounts receivable | 291 | €15,000 | €0 | -€15,000 | -100% |
| Amounts receivable within one year | 40/41 | €37,896 | €7,120 | -€30,775 | -81.2% |
| Trade receivables | 40 | €5,448 | €4,141 | -€1,307 | -24.0% |
| Other amounts receivable | 41 | €32,447 | €2,979 | -€29,468 | -90.8% |
| Cash at bank and in hand | 54/58 | €33,364 | €26,339 | -€7,025 | -21.1% |
| Total equity and liabilities | 10/49 | €89,322 | €37,501 | -€51,821 | -58.0% |
| Equity | 10/15 | €79,392 | €1,938 | -€77,453 | -97.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €78,392 | €938 | -€77,453 | -98.8% |
| Distributable reserves | 133 | €78,392 | €938 | -€77,453 | -98.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €9,930 | €35,563 | +€25,632 | +258% |
| Amounts payable within one year | 42/48 | €9,930 | €35,563 | +€25,632 | +258% |
| Trade debts | 44 | €904 | €1,112 | +€208 | +23.0% |
| Suppliers | 440/4 | €904 | €1,112 | +€208 | +23.0% |
| Taxes, remuneration and social security | 45 | €9,027 | €7,865 | -€1,161 | -12.9% |
| Taxes | 450/3 | €9,027 | €7,865 | -€1,161 | -12.9% |
| Other amounts payable | 47/48 | - | €26,586 | +€26,586 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €798 | €1,296 | +€499 | +62.5% |
| Other operating charges | 640/8 | €227 | €520 | +€293 | +129% |
| Gross operating margin | 9900 | €35,426 | €36,141 | +€716 | +2.0% |
| Operating profit (loss) | 9901 | €34,401 | €34,325 | -€76 | -0.2% |
| Financial income | 75/76B | €1,564 | €845 | -€719 | -46.0% |
| Recurring financial income | 75 | €1,564 | €845 | -€719 | -46.0% |
| Financial charges | 65/66B | €617 | €615 | -€2 | -0.2% |
| Recurring financial charges | 65 | €617 | €615 | -€2 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €35,348 | €34,555 | -€793 | -2.2% |
| Income taxes | 67/77 | €7,865 | €8,008 | +€143 | +1.8% |
| Profit (loss) for the period | 9904 | €27,483 | €26,547 | -€936 | -3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €27,483 | €26,547 | -€936 | -3.4% |
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 15 October 2026 via checked.be.