NAKAJIMA: 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.
NAKAJIMA
Largest movements
- Current investments -€99,717
down €99,717 (-79.7%), from €125,183 to €25,466
- Tangible fixed assets -€46,036
down €46,036 (-8.1%), from €567,190 to €521,154
- Receivables within one year +€43,271
up €43,271 (+369%), from €11,718 to €54,989
of which Other amounts receivable: +€43,681
- Profit (loss) carried forward -€97,471
down €97,471 (-164%), from -€59,599 to -€157,070
- Reserves -€9,499
down €9,499 (-2.9%), from €330,776 to €321,277
of which Tax-exempt reserves: -€9,499
- Depreciation +€6,120
up €6,120 (+15.3%), from €39,916 to €46,036
- Other operating charges +€4,764
up €4,764 (+51.7%), from €9,210 to €13,973
- Financial income -€3,397
down €3,397 (-91.2%), from €3,725 to €328
- Financial charges -€1,864
down €1,864 (-94.4%), from €1,974 to €110
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 | €753,719 | €643,536 | -€110,183 | -14.6% |
| Fixed assets | 21/28 | €567,490 | €521,454 | -€46,036 | -8.1% |
| Tangible fixed assets | 22/27 | €567,190 | €521,154 | -€46,036 | -8.1% |
| Land and buildings | 22 | €567,190 | €521,154 | -€46,036 | -8.1% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €186,229 | €122,082 | -€64,147 | -34.4% |
| Amounts receivable within one year | 40/41 | €11,718 | €54,989 | +€43,271 | +369% |
| Trade receivables | 40 | €410 | - | -€410 | |
| Other amounts receivable | 41 | €11,308 | €54,989 | +€43,681 | +386% |
| Current investments | 50/53 | €125,183 | €25,466 | -€99,717 | -79.7% |
| Cash at bank and in hand | 54/58 | €47,081 | €41,628 | -€5,454 | -11.6% |
| Deferred charges and accrued income | 490/1 | €2,248 | - | -€2,248 | |
| Total equity and liabilities | 10/49 | €753,719 | €643,536 | -€110,183 | -14.6% |
| Equity | 10/15 | €714,906 | €607,936 | -€106,970 | -15.0% |
| Contributions | 10/11 | €443,729 | €443,729 | = | 0.0% |
| Capital | 10 | €443,729 | €443,729 | = | 0.0% |
| Issued capital | 100 | €443,729 | €443,729 | = | 0.0% |
| Reserves | 13 | €330,776 | €321,277 | -€9,499 | -2.9% |
| Non-distributable reserves | 130/1 | €44,373 | €44,373 | = | 0.0% |
| Legal reserve | 130 | €44,373 | €44,373 | = | 0.0% |
| Tax-exempt reserves | 132 | €104,403 | €94,904 | -€9,499 | -9.1% |
| Distributable reserves | 133 | €182,000 | €182,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,599 | -€157,070 | -€97,471 | -164% |
| Provisions and deferred taxes | 16 | €34,801 | €31,634 | -€3,167 | -9.1% |
| Deferred taxes | 168 | €34,801 | €31,634 | -€3,167 | -9.1% |
| Amounts payable | 17/49 | €4,012 | €3,966 | -€46 | -1.1% |
| Amounts payable within one year | 42/48 | €3,958 | €3,966 | +€8 | +0.2% |
| Trade debts | 44 | €3,958 | €156 | -€3,802 | -96.1% |
| Suppliers | 440/4 | €3,958 | €156 | -€3,802 | -96.1% |
| Taxes, remuneration and social security | 45 | - | €3,810 | +€3,810 | |
| Taxes | 450/3 | - | €3,810 | +€3,810 | |
| Accrued charges and deferred income | 492/3 | €54 | - | -€54 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,916 | €46,036 | +€6,120 | +15.3% |
| Other operating charges | 640/8 | €9,210 | €13,973 | +€4,764 | +51.7% |
| Gross operating margin | 9900 | -€50,147 | -€50,346 | -€199 | -0.4% |
| Operating profit (loss) | 9901 | -€99,273 | -€110,355 | -€11,082 | -11.2% |
| Financial income | 75/76B | €3,725 | €328 | -€3,397 | -91.2% |
| Recurring financial income | 75 | €3,725 | €328 | -€3,397 | -91.2% |
| Financial charges | 65/66B | €1,974 | €110 | -€1,864 | -94.4% |
| Recurring financial charges | 65 | €1,974 | €110 | -€1,864 | -94.4% |
| Profit (loss) for the period before taxes | 9903 | -€97,521 | -€110,137 | -€12,615 | -12.9% |
| Transfer from deferred taxes | 780 | €3,166 | €3,167 | +€0 | 0.0% |
| Income taxes | 67/77 | €369 | - | -€369 | |
| Profit (loss) for the period | 9904 | -€94,724 | -€106,970 | -€12,246 | -12.9% |
| Transfer from tax-exempt reserves | 789 | €9,499 | €9,499 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€85,224 | -€97,471 | -€12,246 | -14.4% |
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 15 October 2026 via checked.be.