NAERO Consulting: 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.
NAERO Consulting
Largest movements
- Cash -€12,777
down €12,777 (-70.8%), from €18,036 to €5,259
mainly Investment in fixed assets (net) (-€11,715) and Receivables within one year (-€8,925)
- Financial fixed assets +€10,000
new in 2024: €10,000
- Receivables within one year +€8,925
up €8,925 (+14.2%), from €62,742 to €71,667
of which Other amounts receivable: +€25,470
- Receivables after one year +€5,000
up €5,000 (+167%), from €3,000 to €8,000
- Profit (loss) carried forward +€9,697
up €9,697 (+19.1%), from €50,880 to €60,577
- Other debts +€7,000
new in 2024: €7,000
- Tax, wage and social debts -€5,013
down €5,013 (-18.1%), from €27,702 to €22,689
- Gross operating margin -€42,451
down €42,451 (-75.2%), from €56,439 to €13,987
- Taxes -€9,466
down €9,466 (-78.9%), from €12,000 to €2,534
- Write-downs -€2,155
no longer reported in 2024 (was €2,155)
- Depreciation +€858
up €858 (+165%), from €522 to €1,380
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 | €86,500 | €98,192 | +€11,692 | +13.5% |
| Fixed assets | 21/28 | €2,723 | €13,058 | +€10,336 | +380% |
| Tangible fixed assets | 22/27 | €2,723 | €3,058 | +€336 | +12.3% |
| Furniture and vehicles | 24 | €2,723 | €3,058 | +€336 | +12.3% |
| Financial fixed assets | 28 | - | €10,000 | +€10,000 | |
| Current assets | 29/58 | €83,778 | €85,134 | +€1,356 | +1.6% |
| Amounts receivable after more than one year | 29 | €3,000 | €8,000 | +€5,000 | +167% |
| Other amounts receivable | 291 | €3,000 | €8,000 | +€5,000 | +167% |
| Amounts receivable within one year | 40/41 | €62,742 | €71,667 | +€8,925 | +14.2% |
| Trade receivables | 40 | €62,742 | €46,198 | -€16,544 | -26.4% |
| Other amounts receivable | 41 | - | €25,470 | +€25,470 | |
| Cash at bank and in hand | 54/58 | €18,036 | €5,259 | -€12,777 | -70.8% |
| Deferred charges and accrued income | 490/1 | - | €208 | +€208 | |
| Total equity and liabilities | 10/49 | €86,500 | €98,192 | +€11,692 | +13.5% |
| Equity | 10/15 | €51,880 | €61,577 | +€9,697 | +18.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,880 | €60,577 | +€9,697 | +19.1% |
| Amounts payable | 17/49 | €34,620 | €36,615 | +€1,995 | +5.8% |
| Amounts payable within one year | 42/48 | €34,620 | €36,615 | +€1,995 | +5.8% |
| Trade debts | 44 | €6,918 | €6,926 | +€8 | +0.1% |
| Suppliers | 440/4 | €6,918 | €6,926 | +€8 | +0.1% |
| Taxes, remuneration and social security | 45 | €27,702 | €22,689 | -€5,013 | -18.1% |
| Taxes | 450/3 | €27,702 | €22,689 | -€5,013 | -18.1% |
| Other amounts payable | 47/48 | - | €7,000 | +€7,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €522 | €1,380 | +€858 | +165% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,155 | - | -€2,155 | |
| Gross operating margin | 9900 | €56,439 | €13,987 | -€42,451 | -75.2% |
| Operating profit (loss) | 9901 | €53,762 | €12,608 | -€41,154 | -76.5% |
| Financial income | 75/76B | €122 | - | -€122 | |
| Recurring financial income | 75 | €122 | - | -€122 | |
| Financial charges | 65/66B | €294 | €377 | +€82 | +28.0% |
| Recurring financial charges | 65 | €294 | €377 | +€82 | +28.0% |
| Profit (loss) for the period before taxes | 9903 | €53,590 | €12,231 | -€41,359 | -77.2% |
| Income taxes | 67/77 | €12,000 | €2,534 | -€9,466 | -78.9% |
| Profit (loss) for the period | 9904 | €41,590 | €9,697 | -€31,894 | -76.7% |
| Profit (loss) for the period to be appropriated | 9905 | €41,590 | €9,697 | -€31,894 | -76.7% |
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.