NAKATRANS: 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.
NAKATRANS
Largest movements
- Receivables within one year +€118,411
up €118,411 (+278%), from €42,642 to €161,054
of which Trade receivables: +€114,314
- Cash +€2,649
up €2,649 (+128%), from €2,064 to €4,712
mainly Tax, wage and social debts (+€44,551) and Trade debts (+€37,339)
- Tax, wage and social debts +€44,551
up €44,551 (+56,408%), from €79 to €44,630
of which Remuneration and social security: +€23,786
- Trade debts +€37,339
up €37,339 (+231%), from €16,166 to €53,505
- Profit (loss) carried forward +€29,427
up €29,427 (+307%), from €9,581 to €39,008
- Other debts +€8,178
new in 2025: €8,178
- Gross operating margin +€17,981
up €17,981 (+42.6%), from €42,211 to €60,192
- Depreciation -€4,317
down €4,317 (-73.4%), from €5,883 to €1,566
- Financial income -€1,822
down €1,822 (-100%), from €1,822 to €0
- Other operating charges +€1,604
up €1,604 (+239%), from €672 to €2,275
- Staff costs -€1,424
down €1,424 (-5.3%), from €26,789 to €25,365
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 | €47,215 | €166,709 | +€119,494 | +253% |
| Fixed assets | 21/28 | €2,449 | €884 | -€1,566 | -63.9% |
| Tangible fixed assets | 22/27 | €2,449 | €884 | -€1,566 | -63.9% |
| Furniture and vehicles | 24 | €2,449 | €884 | -€1,566 | -63.9% |
| Current assets | 29/58 | €44,766 | €165,826 | +€121,060 | +270% |
| Amounts receivable within one year | 40/41 | €42,642 | €161,054 | +€118,411 | +278% |
| Trade receivables | 40 | €26,231 | €140,545 | +€114,314 | +436% |
| Other amounts receivable | 41 | €16,411 | €20,508 | +€4,097 | +25.0% |
| Cash at bank and in hand | 54/58 | €2,064 | €4,712 | +€2,649 | +128% |
| Deferred charges and accrued income | 490/1 | €60 | €60 | = | 0.0% |
| Total equity and liabilities | 10/49 | €47,215 | €166,709 | +€119,494 | +253% |
| Equity | 10/15 | €23,232 | €52,659 | +€29,427 | +127% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,251 | €1,251 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,251 | €1,251 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,251 | €1,251 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,581 | €39,008 | +€29,427 | +307% |
| Amounts payable | 17/49 | €23,983 | €114,051 | +€90,068 | +376% |
| Amounts payable after more than one year | 17 | €6,983 | €6,983 | = | 0.0% |
| Financial debts | 170/4 | €6,983 | €6,983 | = | 0.0% |
| Amounts payable within one year | 42/48 | €17,000 | €107,067 | +€90,068 | +530% |
| Current portion of amounts payable after more than one year | 42 | €755 | €755 | = | 0.0% |
| Trade debts | 44 | €16,166 | €53,505 | +€37,339 | +231% |
| Suppliers | 440/4 | €16,166 | €53,505 | +€37,339 | +231% |
| Taxes, remuneration and social security | 45 | €79 | €44,630 | +€44,551 | +56,408% |
| Taxes | 450/3 | €79 | €20,844 | +€20,765 | +26,291% |
| Remuneration and social security | 454/9 | €0 | €23,786 | +€23,786 | |
| Other amounts payable | 47/48 | - | €8,178 | +€8,178 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €26,789 | €25,365 | -€1,424 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,883 | €1,566 | -€4,317 | -73.4% |
| Other operating charges | 640/8 | €672 | €2,275 | +€1,604 | +239% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €42,211 | €60,192 | +€17,981 | +42.6% |
| Operating profit (loss) | 9901 | €8,867 | €30,986 | +€22,118 | +249% |
| Financial income | 75/76B | €1,822 | €0 | -€1,822 | -100% |
| Recurring financial income | 75 | €1,822 | €0 | -€1,822 | -100% |
| Financial charges | 65/66B | €1,418 | €1,559 | +€141 | +9.9% |
| Recurring financial charges | 65 | €1,418 | €1,559 | +€141 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €9,271 | €29,427 | +€20,155 | +217% |
| Income taxes | 67/77 | €0 | €0 | -€0 | -100% |
| Profit (loss) for the period | 9904 | €9,271 | €29,427 | +€20,156 | +217% |
| Profit (loss) for the period to be appropriated | 9905 | €9,271 | €29,427 | +€20,156 | +217% |
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 27 October 2026 via checked.be.