NALI: what changed
Two fiscal 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.
NALI
Largest movements
- Receivables within one year +€39,301
up €39,301 (+293.0%), from €13,414 to €52,715
of which Other amounts receivable: +€40,427
- Tangible fixed assets -€23,212
down €23,212 (-3.7%), from €620,090 to €596,878
of which Land and buildings: -€22,078
- Profit (loss) carried forward +€48,410
up €48,410 (+10.6%), from €454,987 to €503,398
- Debts after one year -€38,963
down €38,963 (-34.5%), from €112,937 to €73,974
- Tax, wage and social debts +€10,500
up €10,500 (+43.5%), from €24,114 to €34,614
- Gross operating margin +€13,735
up €13,735 (+15.8%), from €87,049 to €100,784
- Taxes +€5,344
up €5,344 (+36.5%), from €14,635 to €19,979
- Financial charges -€2,709
down €2,709 (-41.6%), from €6,514 to €3,805
of which Financial charges: -€1,727
- Financial income +€1,830
up €1,830 (+1277.3%), from €143 to €1,973
- Other operating charges -€1,142
down €1,142 (-18.6%), from €6,143 to €5,001
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 | €639,595 | €659,586 | +€19,990 | +3.1% |
| Fixed assets | 21/28 | €620,090 | €596,878 | -€23,212 | -3.7% |
| Tangible fixed assets | 22/27 | €620,090 | €596,878 | -€23,212 | -3.7% |
| Land and buildings | 22 | €610,971 | €588,894 | -€22,078 | -3.6% |
| Plant, machinery and equipment | 23 | €5,208 | €3,101 | -€2,107 | -40.5% |
| Furniture and vehicles | 24 | €3,910 | €3,687 | -€224 | -5.7% |
| Other tangible fixed assets | 26 | - | €1,196 | +€1,196 | |
| Current assets | 29/58 | €19,505 | €62,708 | +€43,203 | +221.5% |
| Amounts receivable within one year | 40/41 | €13,414 | €52,715 | +€39,301 | +293.0% |
| Trade receivables | 40 | €1,126 | - | -€1,126 | |
| Other amounts receivable | 41 | €12,288 | €52,715 | +€40,427 | +329.0% |
| Cash at bank and in hand | 54/58 | €5,525 | €9,675 | +€4,151 | +75.1% |
| Deferred charges and accrued income | 490/1 | €567 | €318 | -€249 | -43.9% |
| Total equity and liabilities | 10/49 | €639,595 | €659,586 | +€19,990 | +3.1% |
| Equity | 10/15 | €463,105 | €511,515 | +€48,410 | +10.5% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,920 | €1,920 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,920 | €1,920 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,920 | €1,920 | = | 0.0% |
| Profit (loss) carried forward | 14 | €454,987 | €503,398 | +€48,410 | +10.6% |
| Amounts payable | 17/49 | €176,491 | €148,071 | -€28,420 | -16.1% |
| Amounts payable after more than one year | 17 | €112,937 | €73,974 | -€38,963 | -34.5% |
| Financial debts | 170/4 | €112,937 | €73,974 | -€38,963 | -34.5% |
| Amounts payable within one year | 42/48 | €63,554 | €73,647 | +€10,093 | +15.9% |
| Current portion of amounts payable after more than one year | 42 | €38,963 | €38,963 | -€0 | 0.0% |
| Trade debts | 44 | €477 | €70 | -€407 | -85.4% |
| Suppliers | 440/4 | €477 | €70 | -€407 | -85.4% |
| Taxes, remuneration and social security | 45 | €24,114 | €34,614 | +€10,500 | +43.5% |
| Taxes | 450/3 | €24,114 | €34,614 | +€10,500 | +43.5% |
| Accrued charges and deferred income | 492/3 | - | €450 | +€450 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,210 | €25,562 | +€353 | +1.4% |
| Other operating charges | 640/8 | €6,143 | €5,001 | -€1,142 | -18.6% |
| Gross operating margin | 9900 | €87,049 | €100,784 | +€13,735 | +15.8% |
| Operating profit (loss) | 9901 | €55,696 | €70,221 | +€14,525 | +26.1% |
| Financial income | 75/76B | €143 | €1,973 | +€1,830 | +1277.3% |
| Recurring financial income | 75 | €143 | €1,973 | +€1,830 | +1277.3% |
| Financial charges | 65/66B | €6,514 | €3,805 | -€2,709 | -41.6% |
| Recurring financial charges | 65 | €5,532 | €3,805 | -€1,727 | -31.2% |
| Non-recurring financial charges | 66B | €982 | - | -€982 | |
| Profit (loss) for the period before taxes | 9903 | €49,325 | €68,389 | +€19,064 | +38.6% |
| Income taxes | 67/77 | €14,635 | €19,979 | +€5,344 | +36.5% |
| Profit (loss) for the period | 9904 | €34,690 | €48,410 | +€13,720 | +39.6% |
| Profit (loss) for the period to be appropriated | 9905 | €34,690 | €48,410 | +€13,720 | +39.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2024 and 31 January 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.