NAGIDE: 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.
NAGIDE
Largest movements
- Tangible fixed assets -€3,586
down €3,586 (-37.0%), from €9,695 to €6,109
of which Land and buildings: -€2,911
- Deferred charges and accrued income +€2,498
new in 2025: €2,498
- Stocks and contracts +€1,653
up €1,653 (+13.3%), from €12,426 to €14,079
- Cash -€1,064
down €1,064 (-62.6%), from €1,699 to €635
mainly Deferred charges and accrued income (-€2,498) and Net result for the year (-€2,250)
- Trade debts +€2,391
up €2,391 (+1,148%), from €208 to €2,599
- Profit (loss) carried forward -€2,250
down €2,250 (-59.0%), from -€3,813 to -€6,063
- Other debts -€470
down €470 (-5.3%), from €8,825 to €8,355
- Turnover -€50,274
no longer reported in 2025 (was €50,274)
- Purchases and services -€45,588
no longer reported in 2025 (was €45,588)
- Gross operating margin -€1,519
down €1,519 (-32.4%), from €4,686 to €3,167
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 | €24,721 | €24,321 | -€399 | -1.6% |
| Fixed assets | 21/28 | €10,595 | €7,109 | -€3,486 | -32.9% |
| Tangible fixed assets | 22/27 | €9,695 | €6,109 | -€3,586 | -37.0% |
| Land and buildings | 22 | €7,948 | €5,037 | -€2,911 | -36.6% |
| Furniture and vehicles | 24 | €1,747 | €1,072 | -€675 | -38.6% |
| Financial fixed assets | 28 | €900 | €1,000 | +€100 | +11.1% |
| Current assets | 29/58 | €14,126 | €17,212 | +€3,086 | +21.8% |
| Stocks and contracts in progress | 3 | €12,426 | €14,079 | +€1,653 | +13.3% |
| Stocks | 30/36 | €12,426 | €14,079 | +€1,653 | +13.3% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €1,699 | €635 | -€1,064 | -62.6% |
| Deferred charges and accrued income | 490/1 | - | €2,498 | +€2,498 | |
| Total equity and liabilities | 10/49 | €24,721 | €24,321 | -€399 | -1.6% |
| Equity | 10/15 | €14,998 | €12,748 | -€2,250 | -15.0% |
| Contributions | 10/11 | €18,811 | €18,811 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,813 | -€6,063 | -€2,250 | -59.0% |
| Amounts payable | 17/49 | €9,723 | €11,574 | +€1,851 | +19.0% |
| Amounts payable within one year | 42/48 | €9,723 | €11,574 | +€1,851 | +19.0% |
| Trade debts | 44 | €208 | €2,599 | +€2,391 | +1,148% |
| Suppliers | 440/4 | €208 | €2,599 | +€2,391 | +1,148% |
| Taxes, remuneration and social security | 45 | €690 | €620 | -€70 | -10.1% |
| Taxes | 450/3 | €690 | €620 | -€70 | -10.1% |
| Other amounts payable | 47/48 | €8,825 | €8,355 | -€470 | -5.3% |
| Turnover | 70 | €50,274 | - | -€50,274 | |
| Goods, raw materials, services and sundry goods | 60/61 | €45,588 | - | -€45,588 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,071 | €3,586 | -€485 | -11.9% |
| Other operating charges | 640/8 | €588 | €633 | +€45 | +7.7% |
| Gross operating margin | 9900 | €4,686 | €3,167 | -€1,519 | -32.4% |
| Operating profit (loss) | 9901 | €28 | -€1,052 | -€1,080 | |
| Financial charges | 65/66B | €1,129 | €1,198 | +€69 | +6.1% |
| Recurring financial charges | 65 | €1,129 | €1,198 | +€69 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,101 | -€2,250 | -€1,149 | -104% |
| Profit (loss) for the period | 9904 | -€1,101 | -€2,250 | -€1,149 | -104% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,101 | -€2,250 | -€1,149 | -104% |
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 29 October 2026 via checked.be.