NAIA: 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.
What changed
NAIA
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€686,840
2024 · €794,892-€108,052
Equity
€3.8m
2024 · €3.1m+€680,080
Cash
€743,714
2024 · €1.0m-€280,524
Balance sheet total
€7.4m
2024 · €7.1m+€302,965
Largest movements
Assets
- Receivables within one year +€407,721
up €407,721 (+259%), from €157,431 to €565,152
of which Other amounts receivable: +€389,531
- Cash -€280,524
down €280,524 (-27.4%), from €1.0m to €743,714
mainly Receivables within one year (-€407,721) and Investment in fixed assets (net) (-€277,650)
- Tangible fixed assets +€134,649
up €134,649 (+32.9%), from €409,197 to €543,846
of which Furniture and vehicles: +€86,449
Equity and liabilities
- Reserves +€399,950
up €399,950 (+48.0%), from €832,751 to €1.2m
of which Tax-exempt reserves: +€399,950
- Profit (loss) carried forward +€286,890
up €286,890 (+12.9%), from €2.2m to €2.5m
- Debts after one year -€242,219
down €242,219 (-12.0%), from €2.0m to €1.8m
- Other debts -€236,032
down €236,032 (-98.3%), from €240,000 to €3,968
- Trade debts +€188,127
up €188,127 (+23.6%), from €797,920 to €986,047
Income statement
- Turnover +€1.3m
up €1.3m (+9.5%), from €13.7m to €15.0m
- Goods and materials +€1.0m
up €1.0m (+10.4%), from €10.0m to €11.0m
of which Purchases: +€854,705
- Staff costs +€328,749
up €328,749 (+25.8%), from €1.3m to €1.6m
- Services and other goods +€161,489
up €161,489 (+15.7%), from €1.0m to €1.2m
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.
Result 2024
€794,892
Turnover
+€1.3m
Other operating income
+€37,597
Goods and materials
-€1.0m
Services and other goods
-€161,489
Staff costs
-€328,749
Depreciation
-€25,816
Write-downs
+€9,903
Other operating charges
+€22,840
Financial income
+€2,610
Financial charges
+€10,594
Taxes
+€61,298
Result 2025
€686,840
raises the resultlowers the result
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.
From operations
+€258,227
Investment
-€277,650
Financing
-€261,101
Cash 2024
€1.0m
From operations (derived)
+€258,227
Net result for the year
+€686,840
Depreciation
+€141,801
Stocks and contracts
-€18,416
Receivables within one year
-€407,721
Deferred charges and accrued income
-€21,503
Provisions
+€90,833
Trade debts
+€188,127
Tax, wage and social debts
-€153,344
Other debts
-€236,032
Accrued charges and deferred income
-€12,358
Investment (derived)
-€277,650
Investment in fixed assets (net)
-€277,650
Financing
-€261,101
Debts after one year
-€242,219
Current portion of long-term debt
+€20,491
Short-term financial debts
-€32,613
Contributions, distributions and other
-€6,760
Cash 2025
€743,714
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,074,752 | €7,377,717 | +€302,965 | +4.3% |
| Fixed assets | 21/28 | €5,221,747 | €5,357,596 | +€135,849 | +2.6% |
| Tangible fixed assets | 22/27 | €409,197 | €543,846 | +€134,649 | +32.9% |
| Land and buildings | 22 | €8,522 | €6,383 | -€2,139 | -25.1% |
| Plant, machinery and equipment | 23 | €338,862 | €389,201 | +€50,339 | +14.9% |
| Furniture and vehicles | 24 | €61,813 | €148,262 | +€86,449 | +140% |
| Financial fixed assets | 28 | €4,812,550 | €4,813,750 | +€1,200 | 0.0% |
| Affiliated companies | 280/1 | €4,812,500 | €4,812,500 | = | 0.0% |
| Participating interests | 280 | €4,812,500 | €4,812,500 | = | 0.0% |
| Other financial fixed assets | 284/8 | €50 | €1,250 | +€1,200 | +2,400% |
| Amounts receivable and cash guarantees | 285/8 | €50 | €1,250 | +€1,200 | +2,400% |
| Current assets | 29/58 | €1,853,005 | €2,020,121 | +€167,116 | +9.0% |
| Stocks and contracts in progress | 3 | €651,579 | €669,995 | +€18,416 | +2.8% |
| Stocks | 30/36 | €651,579 | €669,995 | +€18,416 | +2.8% |
| Goods purchased for resale | 34 | €651,579 | €669,995 | +€18,416 | +2.8% |
| Amounts receivable within one year | 40/41 | €157,431 | €565,152 | +€407,721 | +259% |
| Trade receivables | 40 | €110,728 | €128,918 | +€18,190 | +16.4% |
| Other amounts receivable | 41 | €46,703 | €436,234 | +€389,531 | +834% |
| Cash at bank and in hand | 54/58 | €1,024,238 | €743,714 | -€280,524 | -27.4% |
| Deferred charges and accrued income | 490/1 | €19,757 | €41,260 | +€21,503 | +109% |
| Total equity and liabilities | 10/49 | €7,074,752 | €7,377,717 | +€302,965 | +4.3% |
| Equity | 10/15 | €3,078,691 | €3,758,771 | +€680,080 | +22.1% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €832,751 | €1,232,701 | +€399,950 | +48.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €98,891 | €498,841 | +€399,950 | +404% |
| Distributable reserves | 133 | €732,000 | €733,860 | +€1,860 | +0.3% |
| Profit (loss) carried forward | 14 | €2,220,430 | €2,507,320 | +€286,890 | +12.9% |
| Investment grants | 15 | €6,760 | - | -€6,760 | |
| Provisions and deferred taxes | 16 | €90,833 | €181,666 | +€90,833 | +100% |
| Provisions for liabilities and charges | 160/5 | €90,833 | €181,666 | +€90,833 | +100% |
| Major repairs and maintenance | 162 | €90,833 | €181,666 | +€90,833 | +100% |
| Amounts payable | 17/49 | €3,905,228 | €3,437,280 | -€467,948 | -12.0% |
| Amounts payable after more than one year | 17 | €2,024,755 | €1,782,536 | -€242,219 | -12.0% |
| Financial debts | 170/4 | €2,024,755 | €1,782,536 | -€242,219 | -12.0% |
| Credit institutions | 173 | €2,024,755 | €1,782,536 | -€242,219 | -12.0% |
| Amounts payable within one year | 42/48 | €1,867,903 | €1,654,532 | -€213,371 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €432,278 | €452,769 | +€20,491 | +4.7% |
| Financial debts | 43 | €32,613 | - | -€32,613 | |
| Other loans | 439 | €32,613 | - | -€32,613 | |
| Trade debts | 44 | €797,920 | €986,047 | +€188,127 | +23.6% |
| Suppliers | 440/4 | €797,920 | €986,047 | +€188,127 | +23.6% |
| Taxes, remuneration and social security | 45 | €365,092 | €211,748 | -€153,344 | -42.0% |
| Taxes | 450/3 | €229,796 | €54,386 | -€175,410 | -76.3% |
| Remuneration and social security | 454/9 | €135,296 | €157,362 | +€22,066 | +16.3% |
| Other amounts payable | 47/48 | €240,000 | €3,968 | -€236,032 | -98.3% |
| Accrued charges and deferred income | 492/3 | €12,570 | €212 | -€12,358 | -98.3% |
| Operating income | 70/76A | €13,740,559 | €15,074,094 | +€1.3m | +9.7% |
| Turnover | 70 | €13,684,177 | €14,980,115 | +€1.3m | +9.5% |
| Other operating income | 74 | €56,382 | €93,979 | +€37,597 | +66.7% |
| Operating charges | 60/66A | €12,605,529 | €14,121,618 | +€1.5m | +12.0% |
| Goods for resale, raw materials and consumables | 60 | €9,966,033 | €10,998,811 | +€1.0m | +10.4% |
| Purchases | 600/8 | €10,162,522 | €11,017,227 | +€854,705 | +8.4% |
| Change in stocks: decrease (increase) | 609 | -€196,489 | -€18,416 | +€178,073 | +90.6% |
| Services and other goods | 61 | €1,027,582 | €1,189,071 | +€161,489 | +15.7% |
| Remuneration, social security and pensions | 62 | €1,273,925 | €1,602,674 | +€328,749 | +25.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115,985 | €141,801 | +€25,816 | +22.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,659 | €5,756 | -€9,903 | -63.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €90,833 | €90,833 | = | 0.0% |
| Other operating charges | 640/8 | €115,512 | €92,672 | -€22,840 | -19.8% |
| Operating profit (loss) | 9901 | €1,135,030 | €952,476 | -€182,554 | -16.1% |
| Financial income | 75/76B | €27,238 | €29,848 | +€2,610 | +9.6% |
| Recurring financial income | 75 | €27,238 | €29,848 | +€2,610 | +9.6% |
| Income from financial fixed assets | 750 | €17,323 | - | -€17,323 | |
| Income from current assets | 751 | - | €20,746 | +€20,746 | |
| Other financial income | 752/9 | €9,915 | €9,102 | -€813 | -8.2% |
| Financial charges | 65/66B | €86,885 | €76,291 | -€10,594 | -12.2% |
| Recurring financial charges | 65 | €86,885 | €76,291 | -€10,594 | -12.2% |
| Debt charges | 650 | €59,523 | €50,475 | -€9,048 | -15.2% |
| Other financial charges | 652/9 | €27,362 | €25,816 | -€1,546 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €1,075,383 | €906,033 | -€169,350 | -15.7% |
| Income taxes | 67/77 | €280,491 | €219,193 | -€61,298 | -21.9% |
| Taxes | 670/3 | €280,491 | €219,193 | -€61,298 | -21.9% |
| Profit (loss) for the period | 9904 | €794,892 | €686,840 | -€108,052 | -13.6% |
| Transfer to tax-exempt reserves | 689 | - | €399,950 | +€399,950 | |
| Profit (loss) for the period to be appropriated | 9905 | €794,892 | €286,890 | -€508,002 | -63.9% |
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 18 October 2026 via checked.be.