NAHAN: 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.
NAHAN
Largest movements
- Cash +€15,022
up €15,022 (+591%), from €2,543 to €17,565
mainly Net result for the year (+€8,432) and Trade debts (+€7,822)
- Receivables within one year +€3,016
up €3,016 (+39.1%), from €7,713 to €10,729
of which Trade receivables: +€1,824
- Deferred charges and accrued income +€635
new in 2025: €635
- Profit (loss) carried forward +€8,432
up €8,432 (+12.2%), from -€69,213 to -€60,781
- Trade debts +€7,822
up €7,822 (+1,517%), from €515 to €8,337
- Other debts +€3,374
up €3,374 (+6.2%), from €54,492 to €57,867
- Tax, wage and social debts -€1,083
down €1,083 (-40.4%), from €2,679 to €1,595
of which Taxes: -€1,076
- Gross operating margin +€24,504
up €24,504, from -€14,496 to €10,008
- Other operating charges +€1,289
new in 2025: €1,289
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 | €10,474 | €29,019 | +€18,545 | +177% |
| Fixed assets | 21/28 | €218 | €91 | -€127 | -58.3% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €218 | €91 | -€127 | -58.3% |
| Plant, machinery and equipment | 23 | €218 | €91 | -€127 | -58.3% |
| Furniture and vehicles | 24 | - | €0 | = | |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Current assets | 29/58 | €10,256 | €28,928 | +€18,672 | +182% |
| Amounts receivable within one year | 40/41 | €7,713 | €10,729 | +€3,016 | +39.1% |
| Trade receivables | 40 | €7,713 | €9,536 | +€1,824 | +23.6% |
| Other amounts receivable | 41 | - | €1,192 | +€1,192 | |
| Cash at bank and in hand | 54/58 | €2,543 | €17,565 | +€15,022 | +591% |
| Deferred charges and accrued income | 490/1 | - | €635 | +€635 | |
| Total equity and liabilities | 10/49 | €10,474 | €29,019 | +€18,545 | +177% |
| Equity | 10/15 | -€47,213 | -€38,781 | +€8,432 | +17.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,213 | -€60,781 | +€8,432 | +12.2% |
| Amounts payable | 17/49 | €57,686 | €67,800 | +€10,113 | +17.5% |
| Amounts payable within one year | 42/48 | €57,686 | €67,800 | +€10,113 | +17.5% |
| Trade debts | 44 | €515 | €8,337 | +€7,822 | +1,517% |
| Suppliers | 440/4 | €515 | €8,337 | +€7,822 | +1,517% |
| Advances received on contracts in progress | 46 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | €2,679 | €1,595 | -€1,083 | -40.4% |
| Taxes | 450/3 | €1,179 | €102 | -€1,076 | -91.3% |
| Remuneration and social security | 454/9 | €1,500 | €1,493 | -€7 | -0.4% |
| Other amounts payable | 47/48 | €54,492 | €57,867 | +€3,374 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €152 | €127 | -€25 | -16.3% |
| Other operating charges | 640/8 | - | €1,289 | +€1,289 | |
| Gross operating margin | 9900 | -€14,496 | €10,008 | +€24,504 | |
| Operating profit (loss) | 9901 | -€14,648 | €8,591 | +€23,240 | |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €296 | €170 | -€127 | -42.8% |
| Recurring financial charges | 65 | €296 | €170 | -€127 | -42.8% |
| Profit (loss) for the period before taxes | 9903 | -€14,945 | €8,432 | +€23,377 | |
| Profit (loss) for the period | 9904 | -€14,945 | €8,432 | +€23,377 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,945 | €8,432 | +€23,377 |
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 17 October 2026 via checked.be.