NALAURA: 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.
NALAURA
Largest movements
- Cash -€9,482
down €9,482 (-28.4%), from €33,412 to €23,930
mainly Contributions, distributions and other (-€19,708) and Other debts (-€13,343)
- Receivables within one year -€1,046
down €1,046 (-14.6%), from €7,170 to €6,124
- Deferred charges and accrued income +€810
up €810 (+62.9%), from €1,288 to €2,099
- Other debts -€13,343
down €13,343 (-40.0%), from €33,331 to €19,987
- Tax, wage and social debts +€3,555
up €3,555 (+86.7%), from €4,100 to €7,655
- Trade debts +€860
up €860 (+74.7%), from €1,151 to €2,011
- Profit (loss) carried forward -€789
no longer reported in 2025 (was €789)
- Gross operating margin +€37,717
up €37,717, from -€14,218 to €23,499
- Depreciation -€5,418
no longer reported in 2025 (was €5,418)
- Taxes +€2,090
up €2,090 (+163.8%), from €1,276 to €3,367
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.
Cash bridge derived
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 | €41,870 | €32,153 | -€9,717 | -23.2% |
| Current assets | 29/58 | €41,870 | €32,153 | -€9,717 | -23.2% |
| Amounts receivable within one year | 40/41 | €7,170 | €6,124 | -€1,046 | -14.6% |
| Trade receivables | 40 | €7,170 | €6,124 | -€1,046 | -14.6% |
| Cash at bank and in hand | 54/58 | €33,412 | €23,930 | -€9,482 | -28.4% |
| Deferred charges and accrued income | 490/1 | €1,288 | €2,099 | +€810 | +62.9% |
| Total equity and liabilities | 10/49 | €41,870 | €32,153 | -€9,717 | -23.2% |
| Equity | 10/15 | €3,289 | €2,500 | -€789 | -24.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €789 | - | -€789 | |
| Amounts payable | 17/49 | €38,581 | €29,653 | -€8,928 | -23.1% |
| Amounts payable within one year | 42/48 | €38,581 | €29,653 | -€8,928 | -23.1% |
| Trade debts | 44 | €1,151 | €2,011 | +€860 | +74.7% |
| Suppliers | 440/4 | €1,151 | €2,011 | +€860 | +74.7% |
| Taxes, remuneration and social security | 45 | €4,100 | €7,655 | +€3,555 | +86.7% |
| Taxes | 450/3 | €4,100 | €7,655 | +€3,555 | +86.7% |
| Other amounts payable | 47/48 | €33,331 | €19,987 | -€13,343 | -40.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,418 | - | -€5,418 | |
| Other operating charges | 640/8 | €1,057 | €1,089 | +€32 | +3.0% |
| Gross operating margin | 9900 | -€14,218 | €23,499 | +€37,717 | |
| Operating profit (loss) | 9901 | -€20,693 | €22,410 | +€43,103 | |
| Financial charges | 65/66B | €125 | €125 | = | 0.0% |
| Recurring financial charges | 65 | €125 | €125 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€20,818 | €22,285 | +€43,103 | |
| Income taxes | 67/77 | €1,276 | €3,367 | +€2,090 | +163.8% |
| Profit (loss) for the period | 9904 | -€22,094 | €18,919 | +€41,013 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,094 | €18,919 | +€41,013 |
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 10 October 2026 via checked.be.