NAGARAGAN: what changed
Two fiscal 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.
NAGARAGAN
Largest movements
- Cash +€45,903
up €45,903 (+35.6%), from €129,022 to €174,925
mainly Net result for the year (+€76,511) and Other debts (+€31,573)
- Receivables within one year +€3,115
up €3,115 (+13.0%), from €23,932 to €27,047
of which Trade receivables: +€3,112
- Tangible fixed assets -€2,097
down €2,097 (-24.7%), from €8,497 to €6,399
- Other debts +€31,573
up €31,573 (+1342.0%), from €2,353 to €33,926
- Reserves +€20,261
up €20,261 (+14.3%), from €141,879 to €162,140
- Tax, wage and social debts -€5,022
down €5,022 (-33.7%), from €14,917 to €9,895
- Gross operating margin +€7,855
up €7,855 (+8.3%), from €94,861 to €102,716
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.
Cash bridge derived
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 | €161,451 | €208,371 | +€46,921 | +29.1% |
| Fixed assets | 21/28 | €8,497 | €6,399 | -€2,097 | -24.7% |
| Tangible fixed assets | 22/27 | €8,497 | €6,399 | -€2,097 | -24.7% |
| Furniture and vehicles | 24 | €8,497 | €6,399 | -€2,097 | -24.7% |
| Current assets | 29/58 | €152,954 | €201,972 | +€49,018 | +32.0% |
| Amounts receivable within one year | 40/41 | €23,932 | €27,047 | +€3,115 | +13.0% |
| Trade receivables | 40 | €23,932 | €27,044 | +€3,112 | +13.0% |
| Other amounts receivable | 41 | - | €3 | +€3 | |
| Cash at bank and in hand | 54/58 | €129,022 | €174,925 | +€45,903 | +35.6% |
| Total equity and liabilities | 10/49 | €161,451 | €208,371 | +€46,921 | +29.1% |
| Equity | 10/15 | €143,879 | €164,140 | +€20,261 | +14.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €141,879 | €162,140 | +€20,261 | +14.3% |
| Distributable reserves | 133 | €141,879 | €162,140 | +€20,261 | +14.3% |
| Amounts payable | 17/49 | €17,571 | €44,231 | +€26,660 | +151.7% |
| Amounts payable within one year | 42/48 | €17,571 | €44,231 | +€26,660 | +151.7% |
| Trade debts | 44 | €302 | €410 | +€108 | +35.8% |
| Suppliers | 440/4 | €302 | €410 | +€108 | +35.8% |
| Taxes, remuneration and social security | 45 | €14,917 | €9,895 | -€5,022 | -33.7% |
| Taxes | 450/3 | €14,917 | €9,895 | -€5,022 | -33.7% |
| Other amounts payable | 47/48 | €2,353 | €33,926 | +€31,573 | +1342.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,078 | €2,097 | +€1,019 | +94.5% |
| Other operating charges | 640/8 | €549 | €563 | +€14 | +2.6% |
| Gross operating margin | 9900 | €94,861 | €102,716 | +€7,855 | +8.3% |
| Operating profit (loss) | 9901 | €93,233 | €100,055 | +€6,822 | +7.3% |
| Financial charges | 65/66B | €85 | €75 | -€9 | -11.2% |
| Recurring financial charges | 65 | €85 | €75 | -€9 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €93,149 | €99,980 | +€6,831 | +7.3% |
| Income taxes | 67/77 | €22,515 | €23,469 | +€954 | +4.2% |
| Profit (loss) for the period | 9904 | €70,634 | €76,511 | +€5,877 | +8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €70,634 | €76,511 | +€5,877 | +8.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.