NAJH: 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.
NAJH
Largest movements
- Tangible fixed assets -€2,200
down €2,200 (-20.8%), from €10,593 to €8,393
of which Plant, machinery and equipment: -€2,200
- Cash -€1,481
down €1,481 (-22.6%), from €6,559 to €5,078
mainly Net result for the year (-€31,004) and Trade debts (-€3,081)
- Deferred charges and accrued income +€202
up €202 (+16.7%), from €1,214 to €1,416
- Profit (loss) carried forward -€31,004
down €31,004 (-38.4%), from -€80,766 to -€111,770
- Short-term financial debts +€30,795
up €30,795 (+1,004%), from €3,068 to €33,863
- Trade debts -€3,081
down €3,081 (-23.3%), from €13,196 to €10,115
- Staff costs +€16,760
up €16,760 (+48.2%), from €34,743 to €51,504
- Other operating charges +€3,714
up €3,714 (+303%), from €1,224 to €4,939
- Gross operating margin +€2,532
up €2,532 (+9.0%), from €28,095 to €30,626
- Depreciation +€1,793
up €1,793 (+441%), from €407 to €2,200
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,106 | €15,628 | -€3,478 | -18.2% |
| Fixed assets | 21/28 | €11,333 | €9,133 | -€2,200 | -19.4% |
| Tangible fixed assets | 22/27 | €10,593 | €8,393 | -€2,200 | -20.8% |
| Plant, machinery and equipment | 23 | €10,593 | €8,393 | -€2,200 | -20.8% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €740 | €740 | = | 0.0% |
| Current assets | 29/58 | €7,773 | €6,494 | -€1,278 | -16.4% |
| Cash at bank and in hand | 54/58 | €6,559 | €5,078 | -€1,481 | -22.6% |
| Deferred charges and accrued income | 490/1 | €1,214 | €1,416 | +€202 | +16.7% |
| Total equity and liabilities | 10/49 | €19,106 | €15,628 | -€3,478 | -18.2% |
| Equity | 10/15 | -€22,168 | -€53,171 | -€31,004 | -140% |
| Contributions | 10/11 | €17,326 | €17,326 | = | 0.0% |
| Reserves | 13 | €41,273 | €41,273 | = | 0.0% |
| Distributable reserves | 133 | €41,273 | €41,273 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€80,766 | -€111,770 | -€31,004 | -38.4% |
| Amounts payable | 17/49 | €41,274 | €68,799 | +€27,525 | +66.7% |
| Amounts payable within one year | 42/48 | €41,274 | €68,799 | +€27,525 | +66.7% |
| Financial debts | 43 | €3,068 | €33,863 | +€30,795 | +1,004% |
| Credit institutions | 430/8 | €3,068 | €33,863 | +€30,795 | +1,004% |
| Trade debts | 44 | €13,196 | €10,115 | -€3,081 | -23.3% |
| Suppliers | 440/4 | €13,196 | €10,115 | -€3,081 | -23.3% |
| Taxes, remuneration and social security | 45 | €6,585 | €6,396 | -€189 | -2.9% |
| Taxes | 450/3 | €3,829 | €2,659 | -€1,170 | -30.6% |
| Remuneration and social security | 454/9 | €2,756 | €3,738 | +€982 | +35.6% |
| Other amounts payable | 47/48 | €18,425 | €18,425 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €34,743 | €51,504 | +€16,760 | +48.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €407 | €2,200 | +€1,793 | +441% |
| Other operating charges | 640/8 | €1,224 | €4,939 | +€3,714 | +303% |
| Gross operating margin | 9900 | €28,095 | €30,626 | +€2,532 | +9.0% |
| Operating profit (loss) | 9901 | -€8,280 | -€28,016 | -€19,736 | -238% |
| Financial income | 75/76B | €267 | €137 | -€130 | -48.6% |
| Recurring financial income | 75 | €267 | €137 | -€130 | -48.6% |
| Financial charges | 65/66B | €2,980 | €3,125 | +€145 | +4.9% |
| Recurring financial charges | 65 | €2,980 | €3,125 | +€145 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | -€10,993 | -€31,004 | -€20,011 | -182% |
| Profit (loss) for the period | 9904 | -€10,993 | -€31,004 | -€20,011 | -182% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,993 | -€31,004 | -€20,011 | -182% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.