NAGG: 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.
NAGG
Largest movements
- Cash -€10,277
down €10,277 (-78.1%), from €13,165 to €2,888
mainly Debts after one year (-€26,508) and Receivables within one year (-€5,965)
- Tangible fixed assets -€9,290
down €9,290 (-3.8%), from €243,518 to €234,228
of which Land and buildings: -€8,133
- Receivables within one year +€5,965
up €5,965 (+621.3%), from €960 to €6,925
of which Other amounts receivable: +€3,196
- Debts after one year -€26,508
down €26,508 (-13.2%), from €200,778 to €174,269
- Profit (loss) carried forward +€9,118
up €9,118 (+129.4%), from €7,047 to €16,165
- Trade debts +€6,853
up €6,853 (+168.0%), from €4,078 to €10,930
- Other debts -€5,046
no longer reported in 2025 (was €5,046)
- Gross operating margin -€1,455
down €1,455 (-4.3%), from €33,797 to €32,343
- Taxes -€1,227
down €1,227 (-21.0%), from €5,832 to €4,605
- Depreciation +€629
up €629 (+6.3%), from €10,053 to €10,682
- Financial charges -€580
down €580 (-8.0%), from €7,288 to €6,708
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.
Cash bridge derived
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 | €257,643 | €244,041 | -€13,602 | -5.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €243,518 | €234,228 | -€9,290 | -3.8% |
| Tangible fixed assets | 22/27 | €243,518 | €234,228 | -€9,290 | -3.8% |
| Land and buildings | 22 | €217,111 | €208,978 | -€8,133 | -3.7% |
| Furniture and vehicles | 24 | €10,383 | €8,765 | -€1,618 | -15.6% |
| Other tangible fixed assets | 26 | €16,024 | €16,485 | +€460 | +2.9% |
| Current assets | 29/58 | €14,125 | €9,813 | -€4,312 | -30.5% |
| Amounts receivable within one year | 40/41 | €960 | €6,925 | +€5,965 | +621.3% |
| Trade receivables | 40 | €960 | €3,729 | +€2,769 | +288.4% |
| Other amounts receivable | 41 | €0 | €3,196 | +€3,196 | |
| Cash at bank and in hand | 54/58 | €13,165 | €2,888 | -€10,277 | -78.1% |
| Total equity and liabilities | 10/49 | €257,643 | €244,041 | -€13,602 | -5.3% |
| Equity | 10/15 | €10,047 | €19,165 | +€9,118 | +90.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,047 | €16,165 | +€9,118 | +129.4% |
| Amounts payable | 17/49 | €247,596 | €224,876 | -€22,720 | -9.2% |
| Amounts payable after more than one year | 17 | €200,778 | €174,269 | -€26,508 | -13.2% |
| Financial debts | 170/4 | €200,778 | €174,269 | -€26,508 | -13.2% |
| Amounts payable within one year | 42/48 | €46,819 | €50,607 | +€3,788 | +8.1% |
| Current portion of amounts payable after more than one year | 42 | €25,780 | €26,508 | +€728 | +2.8% |
| Trade debts | 44 | €4,078 | €10,930 | +€6,853 | +168.0% |
| Suppliers | 440/4 | €4,078 | €10,930 | +€6,853 | +168.0% |
| Taxes, remuneration and social security | 45 | €11,915 | €13,168 | +€1,253 | +10.5% |
| Taxes | 450/3 | €11,915 | €13,168 | +€1,253 | +10.5% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €5,046 | - | -€5,046 | |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,053 | €10,682 | +€629 | +6.3% |
| Other operating charges | 640/8 | €1,499 | €1,230 | -€269 | -17.9% |
| Gross operating margin | 9900 | €33,797 | €32,343 | -€1,455 | -4.3% |
| Operating profit (loss) | 9901 | €22,246 | €20,430 | -€1,815 | -8.2% |
| Financial income | 75/76B | €32 | - | -€32 | |
| Recurring financial income | 75 | €32 | - | -€32 | |
| Financial charges | 65/66B | €7,288 | €6,708 | -€580 | -8.0% |
| Recurring financial charges | 65 | €7,288 | €6,708 | -€580 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | €14,990 | €13,723 | -€1,267 | -8.5% |
| Income taxes | 67/77 | €5,832 | €4,605 | -€1,227 | -21.0% |
| Profit (loss) for the period | 9904 | €9,158 | €9,118 | -€40 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,158 | €9,118 | -€40 | -0.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.