NALA by L: 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.
NALA by L
Largest movements
- Stocks and contracts +€10,000
up €10,000 (+400%), from €2,500 to €12,500
- Receivables within one year -€7,637
down €7,637 (-43.3%), from €17,658 to €10,021
of which Trade receivables: -€4,524
- Tangible fixed assets -€1,879
down €1,879 (-80.6%), from €2,332 to €453
of which Furniture and vehicles: -€1,650
- Intangible fixed assets -€1,000
down €1,000 (-14.0%), from €7,167 to €6,167
- Deferred charges and accrued income -€670
down €670 (-56.6%), from €1,185 to €515
- Other debts +€9,489
up €9,489 (+189%), from €5,023 to €14,512
- Current portion of long-term debt -€5,833
no longer reported in 2025 (was €5,833)
- Trade debts -€1,757
down €1,757 (-14.3%), from €12,293 to €10,536
- Profit (loss) carried forward -€1,505
down €1,505 (-15.1%), from -€9,994 to -€11,499
- Tax, wage and social debts -€1,084
down €1,084 (-8.2%), from €13,154 to €12,070
of which Remuneration and social security: -€1,548
- Gross operating margin +€17,685
up €17,685 (+46.9%), from €37,682 to €55,367
- Depreciation -€4,484
down €4,484 (-60.9%), from €7,363 to €2,879
- Staff costs +€3,437
up €3,437 (+7.3%), from €46,788 to €50,225
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,021 | €29,835 | -€1,186 | -3.8% |
| Fixed assets | 21/28 | €9,678 | €6,800 | -€2,879 | -29.7% |
| Intangible fixed assets | 21 | €7,167 | €6,167 | -€1,000 | -14.0% |
| Tangible fixed assets | 22/27 | €2,332 | €453 | -€1,879 | -80.6% |
| Plant, machinery and equipment | 23 | €422 | €193 | -€228 | -54.1% |
| Furniture and vehicles | 24 | €1,910 | €260 | -€1,650 | -86.4% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €21,343 | €23,035 | +€1,692 | +7.9% |
| Stocks and contracts in progress | 3 | €2,500 | €12,500 | +€10,000 | +400% |
| Stocks | 30/36 | €2,500 | €12,500 | +€10,000 | +400% |
| Amounts receivable within one year | 40/41 | €17,658 | €10,021 | -€7,637 | -43.3% |
| Trade receivables | 40 | €10,784 | €6,259 | -€4,524 | -42.0% |
| Other amounts receivable | 41 | €6,874 | €3,761 | -€3,113 | -45.3% |
| Deferred charges and accrued income | 490/1 | €1,185 | €515 | -€670 | -56.6% |
| Total equity and liabilities | 10/49 | €31,021 | €29,835 | -€1,186 | -3.8% |
| Equity | 10/15 | -€6,994 | -€8,499 | -€1,505 | -21.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,994 | -€11,499 | -€1,505 | -15.1% |
| Amounts payable | 17/49 | €38,015 | €38,334 | +€319 | +0.8% |
| Amounts payable within one year | 42/48 | €37,940 | €37,784 | -€156 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €5,833 | - | -€5,833 | |
| Financial debts | 43 | €1,637 | €666 | -€971 | -59.3% |
| Credit institutions | 430/8 | €1,637 | €666 | -€971 | -59.3% |
| Trade debts | 44 | €12,293 | €10,536 | -€1,757 | -14.3% |
| Suppliers | 440/4 | €12,293 | €10,536 | -€1,757 | -14.3% |
| Taxes, remuneration and social security | 45 | €13,154 | €12,070 | -€1,084 | -8.2% |
| Taxes | 450/3 | €5,931 | €6,396 | +€465 | +7.8% |
| Remuneration and social security | 454/9 | €7,223 | €5,675 | -€1,548 | -21.4% |
| Other amounts payable | 47/48 | €5,023 | €14,512 | +€9,489 | +189% |
| Accrued charges and deferred income | 492/3 | €76 | €550 | +€474 | +627% |
| Remuneration, social security and pensions | 62 | €46,788 | €50,225 | +€3,437 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,363 | €2,879 | -€4,484 | -60.9% |
| Other operating charges | 640/8 | €667 | €749 | +€81 | +12.2% |
| Non-recurring operating charges | 66A | €1,859 | €479 | -€1,380 | -74.2% |
| Gross operating margin | 9900 | €37,682 | €55,367 | +€17,685 | +46.9% |
| Operating profit (loss) | 9901 | -€18,995 | €1,036 | +€20,031 | |
| Financial income | 75/76B | €42 | €28 | -€14 | -32.9% |
| Recurring financial income | 75 | €42 | €28 | -€14 | -32.9% |
| Financial charges | 65/66B | €1,242 | €1,288 | +€46 | +3.7% |
| Recurring financial charges | 65 | €1,242 | €1,288 | +€46 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | -€20,196 | -€225 | +€19,971 | +98.9% |
| Income taxes | 67/77 | €1,039 | €1,280 | +€242 | +23.3% |
| Profit (loss) for the period | 9904 | -€21,234 | -€1,505 | +€19,729 | +92.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,234 | -€1,505 | +€19,729 | +92.9% |
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 29 October 2026 via checked.be.