NALAGNE: 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.
NALAGNE
Largest movements
- Tangible fixed assets -€11,778
down €11,778 (-9.8%), from €120,047 to €108,269
of which Plant, machinery and equipment: -€12,686
- Cash +€1,936
up €1,936 (+78.3%), from €2,473 to €4,410
mainly Depreciation (+€13,689) and Other debts (+€500)
- Debts after one year -€5,778
down €5,778 (-14.8%), from €39,069 to €33,291
- Profit (loss) carried forward -€4,827
down €4,827 (-7.6%), from -€63,415 to -€68,241
- Gross operating margin +€4,868
up €4,868 (+79.4%), from €6,132 to €11,000
- Depreciation +€468
up €468 (+3.5%), from €13,221 to €13,689
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 | €122,809 | €113,222 | -€9,588 | -7.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €120,047 | €108,269 | -€11,778 | -9.8% |
| Tangible fixed assets | 22/27 | €120,047 | €108,269 | -€11,778 | -9.8% |
| Land and buildings | 22 | €13,769 | €13,268 | -€502 | -3.6% |
| Plant, machinery and equipment | 23 | €105,948 | €93,262 | -€12,686 | -12.0% |
| Furniture and vehicles | 24 | €329 | €1,739 | +€1,409 | +428% |
| Current assets | 29/58 | €2,762 | €4,953 | +€2,190 | +79.3% |
| Amounts receivable within one year | 40/41 | - | €200 | +€200 | |
| Trade receivables | 40 | - | €200 | +€200 | |
| Cash at bank and in hand | 54/58 | €2,473 | €4,410 | +€1,936 | +78.3% |
| Deferred charges and accrued income | 490/1 | €289 | €343 | +€54 | +18.8% |
| Total equity and liabilities | 10/49 | €122,809 | €113,222 | -€9,588 | -7.8% |
| Equity | 10/15 | -€44,815 | -€49,641 | -€4,827 | -10.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,415 | -€68,241 | -€4,827 | -7.6% |
| Amounts payable | 17/49 | €167,624 | €162,863 | -€4,761 | -2.8% |
| Amounts payable after more than one year | 17 | €39,069 | €33,291 | -€5,778 | -14.8% |
| Financial debts | 170/4 | €39,069 | €33,291 | -€5,778 | -14.8% |
| Amounts payable within one year | 42/48 | €127,565 | €128,449 | +€884 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €5,696 | €5,778 | +€82 | +1.4% |
| Trade debts | 44 | €545 | €847 | +€303 | +55.6% |
| Suppliers | 440/4 | €545 | €847 | +€303 | +55.6% |
| Other amounts payable | 47/48 | €121,324 | €121,824 | +€500 | +0.4% |
| Accrued charges and deferred income | 492/3 | €990 | €1,123 | +€133 | +13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,221 | €13,689 | +€468 | +3.5% |
| Other operating charges | 640/8 | €1,337 | €1,328 | -€9 | -0.7% |
| Gross operating margin | 9900 | €6,132 | €11,000 | +€4,868 | +79.4% |
| Operating profit (loss) | 9901 | -€8,426 | -€4,016 | +€4,410 | +52.3% |
| Financial charges | 65/66B | €877 | €810 | -€67 | -7.7% |
| Recurring financial charges | 65 | €877 | €810 | -€67 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | -€9,304 | -€4,827 | +€4,477 | +48.1% |
| Profit (loss) for the period | 9904 | -€9,304 | -€4,827 | +€4,477 | +48.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,304 | -€4,827 | +€4,477 | +48.1% |
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 28 October 2026 via checked.be.