NAHU: 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.
NAHU
Largest movements
- Tangible fixed assets -€5,183
down €5,183 (-35.7%), from €14,509 to €9,326
of which Furniture and vehicles: -€3,842
- Receivables within one year +€5,129
up €5,129 (+100.6%), from €5,096 to €10,225
of which Trade receivables: +€4,351
- Cash +€1,391
up €1,391 (+946.3%), from €147 to €1,538
mainly Other debts (+€18,778) and Depreciation (+€5,183)
- Deferred charges and accrued income -€500
down €500 (-77.5%), from €645 to €145
- Other debts +€18,778
up €18,778 (+27.7%), from €67,770 to €86,548
- Profit (loss) carried forward -€18,293
down €18,293 (-30.8%), from -€59,463 to -€77,756
- Trade debts +€556
up €556 (+61.0%), from €912 to €1,468
- Tax, wage and social debts -€265
down €265 (-22.5%), from €1,178 to €913
- Gross operating margin +€12,213
up €12,213 (+52.3%), from -€23,357 to -€11,144
- Depreciation +€1,096
up €1,096 (+26.8%), from €4,087 to €5,183
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 | €20,397 | €21,234 | +€837 | +4.1% |
| Fixed assets | 21/28 | €14,509 | €9,326 | -€5,183 | -35.7% |
| Tangible fixed assets | 22/27 | €14,509 | €9,326 | -€5,183 | -35.7% |
| Plant, machinery and equipment | 23 | €1,701 | €360 | -€1,341 | -78.8% |
| Furniture and vehicles | 24 | €12,808 | €8,966 | -€3,842 | -30.0% |
| Current assets | 29/58 | €5,888 | €11,908 | +€6,020 | +102.2% |
| Amounts receivable within one year | 40/41 | €5,096 | €10,225 | +€5,129 | +100.6% |
| Trade receivables | 40 | €838 | €5,189 | +€4,351 | +519.2% |
| Other amounts receivable | 41 | €4,258 | €5,036 | +€778 | +18.3% |
| Cash at bank and in hand | 54/58 | €147 | €1,538 | +€1,391 | +946.3% |
| Deferred charges and accrued income | 490/1 | €645 | €145 | -€500 | -77.5% |
| Total equity and liabilities | 10/49 | €20,397 | €21,234 | +€837 | +4.1% |
| Equity | 10/15 | -€49,463 | -€67,756 | -€18,293 | -37.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Outside capital | 11 | €10,000 | €10,000 | = | 0.0% |
| Other | 1109/19 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,463 | -€77,756 | -€18,293 | -30.8% |
| Amounts payable | 17/49 | €69,860 | €88,990 | +€19,130 | +27.4% |
| Amounts payable within one year | 42/48 | €69,860 | €88,929 | +€19,069 | +27.3% |
| Trade debts | 44 | €912 | €1,468 | +€556 | +61.0% |
| Suppliers | 440/4 | €912 | €1,468 | +€556 | +61.0% |
| Taxes, remuneration and social security | 45 | €1,178 | €913 | -€265 | -22.5% |
| Taxes | 450/3 | €1,178 | €913 | -€265 | -22.5% |
| Other amounts payable | 47/48 | €67,770 | €86,548 | +€18,778 | +27.7% |
| Accrued charges and deferred income | 492/3 | - | €61 | +€61 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,087 | €5,183 | +€1,096 | +26.8% |
| Other operating charges | 640/8 | €1,321 | €1,355 | +€34 | +2.6% |
| Gross operating margin | 9900 | -€23,357 | -€11,144 | +€12,213 | +52.3% |
| Operating profit (loss) | 9901 | -€28,765 | -€17,682 | +€11,083 | +38.5% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €293 | €156 | -€137 | -46.8% |
| Recurring financial charges | 65 | €293 | €156 | -€137 | -46.8% |
| Profit (loss) for the period before taxes | 9903 | -€29,057 | -€17,838 | +€11,219 | +38.6% |
| Income taxes | 67/77 | €459 | €455 | -€4 | -0.9% |
| Profit (loss) for the period | 9904 | -€29,516 | -€18,293 | +€11,223 | +38.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,516 | -€18,293 | +€11,223 | +38.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.