NAE IT: 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.
NAE IT
Largest movements
- Cash +€42,419
up €42,419 (+45.0%), from €94,212 to €136,630
mainly Other debts (+€145,726) and Net result for the year (+€62,969)
- Receivables within one year +€38,140
up €38,140 (+436%), from €8,752 to €46,892
of which Other amounts receivable: +€23,895
- Tangible fixed assets -€2,671
down €2,671 (-56.6%), from €4,718 to €2,046
- Other debts +€145,726
up €145,726 (+20,213%), from €721 to €146,447
- Profit (loss) carried forward -€83,478
no longer reported in 2025 (was €83,478)
- Tax, wage and social debts +€15,742
up €15,742 (+1,859%), from €847 to €16,589
- Gross operating margin +€19,238
up €19,238 (+31.2%), from €61,640 to €80,877
- Taxes +€3,895
up €3,895 (+32.9%), from €11,847 to €15,742
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 | €107,682 | €185,569 | +€77,887 | +72.3% |
| Fixed assets | 21/28 | €4,718 | €2,046 | -€2,671 | -56.6% |
| Tangible fixed assets | 22/27 | €4,718 | €2,046 | -€2,671 | -56.6% |
| Furniture and vehicles | 24 | €4,718 | €2,046 | -€2,671 | -56.6% |
| Current assets | 29/58 | €102,964 | €183,523 | +€80,558 | +78.2% |
| Amounts receivable within one year | 40/41 | €8,752 | €46,892 | +€38,140 | +436% |
| Trade receivables | 40 | €7,545 | €21,790 | +€14,245 | +189% |
| Other amounts receivable | 41 | €1,208 | €25,103 | +€23,895 | +1,979% |
| Cash at bank and in hand | 54/58 | €94,212 | €136,630 | +€42,419 | +45.0% |
| Total equity and liabilities | 10/49 | €107,682 | €185,569 | +€77,887 | +72.3% |
| Equity | 10/15 | €104,478 | €21,000 | -€83,478 | -79.9% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,478 | - | -€83,478 | |
| Amounts payable | 17/49 | €3,204 | €164,569 | +€161,365 | +5,036% |
| Amounts payable within one year | 42/48 | €3,204 | €164,569 | +€161,365 | +5,036% |
| Trade debts | 44 | €1,636 | €1,533 | -€104 | -6.3% |
| Suppliers | 440/4 | €1,636 | €1,533 | -€104 | -6.3% |
| Taxes, remuneration and social security | 45 | €847 | €16,589 | +€15,742 | +1,859% |
| Taxes | 450/3 | €847 | €16,589 | +€15,742 | +1,859% |
| Other amounts payable | 47/48 | €721 | €146,447 | +€145,726 | +20,213% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,034 | €2,671 | +€637 | +31.3% |
| Other operating charges | 640/8 | €244 | - | -€244 | |
| Gross operating margin | 9900 | €61,640 | €80,877 | +€19,238 | +31.2% |
| Operating profit (loss) | 9901 | €59,362 | €78,206 | +€18,844 | +31.7% |
| Financial income | 75/76B | €0 | €673 | +€673 | +6,728,800% |
| Recurring financial income | 75 | €0 | €673 | +€673 | +6,728,800% |
| Financial charges | 65/66B | €127 | €167 | +€40 | +32.0% |
| Recurring financial charges | 65 | €127 | €167 | +€40 | +32.0% |
| Profit (loss) for the period before taxes | 9903 | €59,235 | €78,711 | +€19,476 | +32.9% |
| Income taxes | 67/77 | €11,847 | €15,742 | +€3,895 | +32.9% |
| Profit (loss) for the period | 9904 | €47,388 | €62,969 | +€15,581 | +32.9% |
| Profit (loss) for the period to be appropriated | 9905 | €47,388 | €62,969 | +€15,581 | +32.9% |
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 16 October 2026 via checked.be.