NAGEO CONCEPT: 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.
NAGEO CONCEPT
Largest movements
- Receivables within one year +€8,124
up €8,124 (+39.5%), from €20,566 to €28,690
of which Trade receivables: +€7,665
- Tangible fixed assets -€4,279
down €4,279 (-39.8%), from €10,750 to €6,470
of which Furniture and vehicles: -€5,822
- Cash -€3,560
down €3,560 (-6.0%), from €59,540 to €55,980
mainly Contributions, distributions and other (-€21,037) and Receivables within one year (-€8,124)
- Trade debts +€2,188
up €2,188 (+86.0%), from €2,543 to €4,731
- Tax, wage and social debts -€1,904
down €1,904 (-13.7%), from €13,860 to €11,956
- Gross operating margin -€13,603
down €13,603 (-28.5%), from €47,801 to €34,198
- Taxes -€6,027
down €6,027 (-48.3%), from €12,470 to €6,443
- Depreciation +€642
up €642 (+10.5%), from €6,119 to €6,761
- Financial income +€490
up €490 (+105%), from €465 to €955
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 | €91,100 | €91,385 | +€284 | +0.3% |
| Fixed assets | 21/28 | €10,750 | €6,470 | -€4,279 | -39.8% |
| Tangible fixed assets | 22/27 | €10,750 | €6,470 | -€4,279 | -39.8% |
| Plant, machinery and equipment | 23 | €1,036 | €2,579 | +€1,542 | +149% |
| Furniture and vehicles | 24 | €9,714 | €3,892 | -€5,822 | -59.9% |
| Current assets | 29/58 | €80,350 | €84,914 | +€4,564 | +5.7% |
| Amounts receivable within one year | 40/41 | €20,566 | €28,690 | +€8,124 | +39.5% |
| Trade receivables | 40 | €8,725 | €16,390 | +€7,665 | +87.9% |
| Other amounts receivable | 41 | €11,842 | €12,301 | +€459 | +3.9% |
| Cash at bank and in hand | 54/58 | €59,540 | €55,980 | -€3,560 | -6.0% |
| Deferred charges and accrued income | 490/1 | €244 | €244 | = | 0.0% |
| Total equity and liabilities | 10/49 | €91,100 | €91,385 | +€284 | +0.3% |
| Equity | 10/15 | €74,697 | €74,697 | = | 0.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €73,697 | €73,697 | = | 0.0% |
| Distributable reserves | 133 | €73,697 | €73,697 | = | 0.0% |
| Amounts payable | 17/49 | €16,403 | €16,687 | +€284 | +1.7% |
| Amounts payable within one year | 42/48 | €16,403 | €16,687 | +€284 | +1.7% |
| Trade debts | 44 | €2,543 | €4,731 | +€2,188 | +86.0% |
| Suppliers | 440/4 | €2,543 | €4,731 | +€2,188 | +86.0% |
| Taxes, remuneration and social security | 45 | €13,860 | €11,956 | -€1,904 | -13.7% |
| Taxes | 450/3 | €13,860 | €11,956 | -€1,904 | -13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,119 | €6,761 | +€642 | +10.5% |
| Other operating charges | 640/8 | €673 | €758 | +€85 | +12.7% |
| Gross operating margin | 9900 | €47,801 | €34,198 | -€13,603 | -28.5% |
| Operating profit (loss) | 9901 | €41,009 | €26,679 | -€14,330 | -34.9% |
| Financial income | 75/76B | €465 | €955 | +€490 | +105% |
| Recurring financial income | 75 | €465 | €955 | +€490 | +105% |
| Financial charges | 65/66B | €160 | €153 | -€7 | -4.3% |
| Recurring financial charges | 65 | €160 | €153 | -€7 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €41,314 | €27,481 | -€13,833 | -33.5% |
| Income taxes | 67/77 | €12,470 | €6,443 | -€6,027 | -48.3% |
| Profit (loss) for the period | 9904 | €28,844 | €21,037 | -€7,806 | -27.1% |
| Profit (loss) for the period to be appropriated | 9905 | €28,844 | €21,037 | -€7,806 | -27.1% |
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.