Naga Consultancy: 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.
Naga Consultancy
Largest movements
- Cash -€123,779
down €123,779 (-71.4%), from €173,247 to €49,468
mainly Receivables after one year (-€87,860) and Receivables within one year (-€31,324)
- Receivables after one year +€87,860
up €87,860 (+172%), from €51,011 to €138,871
- Receivables within one year +€31,324
up €31,324 (+104%), from €30,035 to €61,359
of which Other amounts receivable: +€31,271
- Tangible fixed assets +€8,913
up €8,913 (+6.7%), from €132,466 to €141,378
of which Furniture and vehicles: +€12,346
- Profit (loss) carried forward +€29,358
up €29,358 (+24.8%), from €118,296 to €147,655
- Other debts -€19,745
down €19,745 (-100%), from €19,745 to €0
- Tax, wage and social debts -€10,228
down €10,228 (-21.9%), from €46,735 to €36,507
- Contributions +€6,170
up €6,170 (+49.6%), from €12,430 to €18,600
- Debts after one year -€5,975
down €5,975 (-7.8%), from €76,389 to €70,414
- Gross operating margin -€57,613
down €57,613 (-29.3%), from €196,943 to €139,330
- Taxes -€19,423
down €19,423 (-51.9%), from €37,435 to €18,013
- Financial charges +€13,450
up €13,450 (+37.8%), from €35,582 to €49,032
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 | €394,413 | €395,005 | +€592 | +0.2% |
| Fixed assets | 21/28 | €132,466 | €141,378 | +€8,913 | +6.7% |
| Tangible fixed assets | 22/27 | €132,466 | €141,378 | +€8,913 | +6.7% |
| Land and buildings | 22 | €126,152 | €122,901 | -€3,252 | -2.6% |
| Plant, machinery and equipment | 23 | €905 | €724 | -€181 | -20.0% |
| Furniture and vehicles | 24 | €1,809 | €14,154 | +€12,346 | +683% |
| Other tangible fixed assets | 26 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €261,947 | €253,626 | -€8,321 | -3.2% |
| Amounts receivable after more than one year | 29 | €51,011 | €138,871 | +€87,860 | +172% |
| Other amounts receivable | 291 | €51,011 | €138,871 | +€87,860 | +172% |
| Amounts receivable within one year | 40/41 | €30,035 | €61,359 | +€31,324 | +104% |
| Trade receivables | 40 | €25,563 | €25,616 | +€53 | +0.2% |
| Other amounts receivable | 41 | €4,471 | €35,742 | +€31,271 | +699% |
| Cash at bank and in hand | 54/58 | €173,247 | €49,468 | -€123,779 | -71.4% |
| Deferred charges and accrued income | 490/1 | €7,654 | €3,928 | -€3,726 | -48.7% |
| Total equity and liabilities | 10/49 | €394,413 | €395,005 | +€592 | +0.2% |
| Equity | 10/15 | €238,226 | €273,755 | +€35,528 | +14.9% |
| Contributions | 10/11 | €12,430 | €18,600 | +€6,170 | +49.6% |
| Reserves | 13 | €107,500 | €107,500 | = | 0.0% |
| Distributable reserves | 133 | €107,500 | €107,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €118,296 | €147,655 | +€29,358 | +24.8% |
| Amounts payable | 17/49 | €156,186 | €121,250 | -€34,937 | -22.4% |
| Amounts payable after more than one year | 17 | €76,389 | €70,414 | -€5,975 | -7.8% |
| Financial debts | 170/4 | €76,389 | €70,414 | -€5,975 | -7.8% |
| Amounts payable within one year | 42/48 | €79,382 | €50,399 | -€28,983 | -36.5% |
| Current portion of amounts payable after more than one year | 42 | €5,867 | €5,975 | +€108 | +1.8% |
| Financial debts | 43 | €3,196 | €4,240 | +€1,044 | +32.7% |
| Credit institutions | 430/8 | €3,196 | €4,240 | +€1,044 | +32.7% |
| Trade debts | 44 | €3,838 | €3,677 | -€161 | -4.2% |
| Suppliers | 440/4 | €3,838 | €3,677 | -€161 | -4.2% |
| Taxes, remuneration and social security | 45 | €46,735 | €36,507 | -€10,228 | -21.9% |
| Taxes | 450/3 | €46,735 | €36,507 | -€10,228 | -21.9% |
| Other amounts payable | 47/48 | €19,745 | €0 | -€19,745 | -100% |
| Accrued charges and deferred income | 492/3 | €416 | €437 | +€21 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,818 | €4,971 | -€846 | -14.5% |
| Other operating charges | 640/8 | €3,272 | €5,080 | +€1,809 | +55.3% |
| Gross operating margin | 9900 | €196,943 | €139,330 | -€57,613 | -29.3% |
| Operating profit (loss) | 9901 | €187,853 | €129,278 | -€58,575 | -31.2% |
| Financial income | 75/76B | €3,461 | €2,419 | -€1,042 | -30.1% |
| Recurring financial income | 75 | €3,461 | €2,419 | -€1,042 | -30.1% |
| Financial charges | 65/66B | €35,582 | €49,032 | +€13,450 | +37.8% |
| Recurring financial charges | 65 | €35,582 | €49,032 | +€13,450 | +37.8% |
| Profit (loss) for the period before taxes | 9903 | €155,732 | €82,665 | -€73,067 | -46.9% |
| Income taxes | 67/77 | €37,435 | €18,013 | -€19,423 | -51.9% |
| Profit (loss) for the period | 9904 | €118,296 | €64,652 | -€53,644 | -45.3% |
| Profit (loss) for the period to be appropriated | 9905 | €118,296 | €64,652 | -€53,644 | -45.3% |
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 14 October 2026 via checked.be.