NAIMA GÜNES: 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.
NAIMA GÜNES
Largest movements
- Cash -€11,020
down €11,020 (-35.1%), from €31,389 to €20,369
mainly Net result for the year (-€17,570) and Tax, wage and social debts (-€286)
- Tangible fixed assets -€6,244
no longer reported in 2025 (was €6,244)
- Profit (loss) carried forward -€17,570
down €17,570 (-66.6%), from -€26,390 to -€43,960
- Gross operating margin -€35,357
down €35,357, from €20,016 to -€15,341
- Depreciation -€6,348
no longer reported in 2025 (was €6,348)
- Financial charges +€1,201
up €1,201 (+511%), from €235 to €1,436
- Taxes -€286
no longer reported in 2025 (was €286)
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 | €57,004 | €39,571 | -€17,433 | -30.6% |
| Fixed assets | 21/28 | €6,244 | - | -€6,244 | |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €6,244 | - | -€6,244 | |
| Land and buildings | 22 | €2,983 | - | -€2,983 | |
| Plant, machinery and equipment | 23 | €1,495 | - | -€1,495 | |
| Furniture and vehicles | 24 | €1,766 | - | -€1,766 | |
| Current assets | 29/58 | €50,760 | €39,571 | -€11,188 | -22.0% |
| Amounts receivable within one year | 40/41 | €19,371 | €19,202 | -€168 | -0.9% |
| Other amounts receivable | 41 | €19,371 | €19,202 | -€168 | -0.9% |
| Cash at bank and in hand | 54/58 | €31,389 | €20,369 | -€11,020 | -35.1% |
| Total equity and liabilities | 10/49 | €57,004 | €39,571 | -€17,433 | -30.6% |
| Equity | 10/15 | €56,717 | €39,148 | -€17,570 | -31.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €64,508 | €64,508 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €62,648 | €62,648 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,390 | -€43,960 | -€17,570 | -66.6% |
| Amounts payable | 17/49 | €286 | €424 | +€137 | +47.9% |
| Amounts payable within one year | 42/48 | €286 | €424 | +€137 | +47.9% |
| Trade debts | 44 | - | €424 | +€424 | |
| Suppliers | 440/4 | - | €424 | +€424 | |
| Taxes, remuneration and social security | 45 | €286 | - | -€286 | |
| Taxes | 450/3 | €286 | - | -€286 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,348 | - | -€6,348 | |
| Other operating charges | 640/8 | €965 | €792 | -€173 | -17.9% |
| Gross operating margin | 9900 | €20,016 | -€15,341 | -€35,357 | |
| Operating profit (loss) | 9901 | €12,703 | -€16,133 | -€28,837 | |
| Financial income | 75/76B | €14 | - | -€14 | |
| Recurring financial income | 75 | €14 | - | -€14 | |
| Financial charges | 65/66B | €235 | €1,436 | +€1,201 | +511% |
| Recurring financial charges | 65 | €235 | €1,436 | +€1,201 | +511% |
| Profit (loss) for the period before taxes | 9903 | €12,482 | -€17,570 | -€30,051 | |
| Income taxes | 67/77 | €286 | - | -€286 | |
| Profit (loss) for the period | 9904 | €12,195 | -€17,570 | -€29,765 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,195 | -€17,570 | -€29,765 |
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 25 October 2026 via checked.be.