NAGALM: what changed
NAGALM
Largest movements
- Cash +€6,937
up €6,937 (+13.5%), from €51,223 to €58,159
mainly Other debts (+€6,267) and Net result for the year (+€670)
- Other debts +€6,267
up €6,267 (+89.3%), from €7,018 to €13,285
- Profit (loss) carried forward +€670
up €670 (+15.0%), from -€4,463 to -€3,794
- Gross operating margin +€1,137
up €1,137 (+109%), from €1,040 to €2,176
- Taxes +€684
up €684, from -€253 to €432
- Other operating charges +€250
up €250 (+38.7%), from €646 to €896
- Financial charges +€23
up €23 (+14.9%), from €156 to €180
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,223 | €58,159 | +€6,937 | +13.5% |
| Current assets | 29/58 | €51,223 | €58,159 | +€6,937 | +13.5% |
| Cash at bank and in hand | 54/58 | €51,223 | €58,159 | +€6,937 | +13.5% |
| Total equity and liabilities | 10/49 | €51,223 | €58,159 | +€6,937 | +13.5% |
| Equity | 10/15 | €43,857 | €44,527 | +€670 | +1.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €42,120 | €42,120 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €40,260 | €40,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,463 | -€3,794 | +€670 | +15.0% |
| Amounts payable | 17/49 | €7,365 | €13,633 | +€6,267 | +85.1% |
| Amounts payable within one year | 42/48 | €7,365 | €13,633 | +€6,267 | +85.1% |
| Trade debts | 44 | €348 | €348 | = | 0.0% |
| Suppliers | 440/4 | €348 | €348 | = | 0.0% |
| Other amounts payable | 47/48 | €7,018 | €13,285 | +€6,267 | +89.3% |
| Other operating charges | 640/8 | €646 | €896 | +€250 | +38.7% |
| Gross operating margin | 9900 | €1,040 | €2,176 | +€1,137 | +109% |
| Operating profit (loss) | 9901 | €394 | €1,281 | +€887 | +225% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €156 | €180 | +€23 | +14.9% |
| Recurring financial charges | 65 | €156 | €180 | +€23 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | €238 | €1,101 | +€863 | +363% |
| Income taxes | 67/77 | -€253 | €432 | +€684 | |
| Profit (loss) for the period | 9904 | €491 | €670 | +€179 | +36.5% |
| Profit (loss) for the period to be appropriated | 9905 | €491 | €670 | +€179 | +36.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.