NAERT INTERIEUR: 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.
NAERT INTERIEUR
Largest movements
- Tangible fixed assets -€25,052
down €25,052 (-17.4%), from €144,188 to €119,136
of which Furniture and vehicles: -€17,790
- Receivables within one year -€4,323
down €4,323 (-31.3%), from €13,791 to €9,467
of which Other amounts receivable: -€4,043
- Debts after one year -€13,922
down €13,922 (-11.5%), from €121,011 to €107,089
- Current portion of long-term debt -€8,155
down €8,155 (-36.9%), from €22,077 to €13,922
- Other debts -€7,869
down €7,869 (-58.8%), from €13,393 to €5,524
- Trade debts -€5,608
down €5,608 (-71.0%), from €7,896 to €2,288
- Profit (loss) carried forward +€4,792
up €4,792, from -€4,792 to €0
- Gross operating margin +€11,576
up €11,576 (+43.0%), from €26,949 to €38,525
- Taxes +€2,749
up €2,749 (+1,473%), from €187 to €2,935
- Financial charges -€2,454
down €2,454 (-48.8%), from €5,032 to €2,578
- Other operating charges -€758
down €758 (-29.0%), from €2,612 to €1,855
- Depreciation -€457
down €457 (-1.8%), from €25,509 to €25,052
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 | €194,641 | €166,802 | -€27,839 | -14.3% |
| Fixed assets | 21/28 | €144,188 | €119,136 | -€25,052 | -17.4% |
| Tangible fixed assets | 22/27 | €144,188 | €119,136 | -€25,052 | -17.4% |
| Land and buildings | 22 | €117,723 | €110,460 | -€7,263 | -6.2% |
| Furniture and vehicles | 24 | €26,465 | €8,675 | -€17,790 | -67.2% |
| Current assets | 29/58 | €50,453 | €47,666 | -€2,787 | -5.5% |
| Stocks and contracts in progress | 3 | €4,921 | €4,921 | = | 0.0% |
| Stocks | 30/36 | €4,921 | €4,921 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €13,791 | €9,467 | -€4,323 | -31.3% |
| Trade receivables | 40 | €8,977 | €8,697 | -€281 | -3.1% |
| Other amounts receivable | 41 | €4,813 | €771 | -€4,043 | -84.0% |
| Cash at bank and in hand | 54/58 | €30,222 | €30,659 | +€437 | +1.4% |
| Deferred charges and accrued income | 490/1 | €1,519 | €2,619 | +€1,099 | +72.4% |
| Total equity and liabilities | 10/49 | €194,641 | €166,802 | -€27,839 | -14.3% |
| Equity | 10/15 | €26,500 | €32,804 | +€6,304 | +23.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €12,692 | €14,204 | +€1,512 | +11.9% |
| Distributable reserves | 133 | €12,692 | €14,204 | +€1,512 | +11.9% |
| Profit (loss) carried forward | 14 | -€4,792 | €0 | +€4,792 | |
| Amounts payable | 17/49 | €168,141 | €133,998 | -€34,143 | -20.3% |
| Amounts payable after more than one year | 17 | €121,011 | €107,089 | -€13,922 | -11.5% |
| Financial debts | 170/4 | €121,011 | €107,089 | -€13,922 | -11.5% |
| Amounts payable within one year | 42/48 | €47,130 | €26,908 | -€20,222 | -42.9% |
| Current portion of amounts payable after more than one year | 42 | €22,077 | €13,922 | -€8,155 | -36.9% |
| Financial debts | 43 | €1,693 | €0 | -€1,693 | -100% |
| Credit institutions | 430/8 | €1,693 | €0 | -€1,693 | -100% |
| Trade debts | 44 | €7,896 | €2,288 | -€5,608 | -71.0% |
| Suppliers | 440/4 | €7,896 | €2,288 | -€5,608 | -71.0% |
| Taxes, remuneration and social security | 45 | €2,071 | €5,175 | +€3,104 | +150% |
| Taxes | 450/3 | €2,071 | €5,175 | +€3,104 | +150% |
| Other amounts payable | 47/48 | €13,393 | €5,524 | -€7,869 | -58.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,509 | €25,052 | -€457 | -1.8% |
| Other operating charges | 640/8 | €2,612 | €1,855 | -€758 | -29.0% |
| Gross operating margin | 9900 | €26,949 | €38,525 | +€11,576 | +43.0% |
| Operating profit (loss) | 9901 | -€1,172 | €11,618 | +€12,790 | |
| Financial income | 75/76B | €2 | €199 | +€197 | +8,712% |
| Recurring financial income | 75 | €2 | €199 | +€197 | +8,712% |
| Financial charges | 65/66B | €5,032 | €2,578 | -€2,454 | -48.8% |
| Recurring financial charges | 65 | €5,032 | €2,578 | -€2,454 | -48.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,201 | €9,239 | +€15,441 | |
| Income taxes | 67/77 | €187 | €2,935 | +€2,749 | +1,473% |
| Profit (loss) for the period | 9904 | -€6,388 | €6,304 | +€12,692 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,388 | €6,304 | +€12,692 |
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 30 October 2026 via checked.be.