NALI: 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.
NALI
Largest movements
- Current investments +€250,000
new in 2025: €250,000
- Cash -€242,686
down €242,686 (-83.6%), from €290,211 to €47,525
mainly Current investments (-€250,000) and Receivables within one year (-€15,075)
- Receivables within one year +€15,075
up €15,075 (+10.2%), from €147,437 to €162,512
- Deferred charges and accrued income -€5,044
down €5,044 (-13.8%), from €36,541 to €31,497
- Accrued charges and deferred income +€16,065
up €16,065 (+1771.2%), from €907 to €16,972
- Tax, wage and social debts -€9,770
down €9,770 (-75.7%), from €12,900 to €3,130
- Gross operating margin -€31,912
down €31,912 (-91.2%), from €34,979 to €3,067
- Taxes -€9,676
down €9,676 (-75.7%), from €12,785 to €3,109
- Financial income +€3,920
up €3,920 (+53.8%), from €7,290 to €11,210
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 | €485,796 | €499,330 | +€13,534 | +2.8% |
| Fixed assets | 21/28 | €11,607 | €7,796 | -€3,811 | -32.8% |
| Tangible fixed assets | 22/27 | €11,607 | €7,796 | -€3,811 | -32.8% |
| Furniture and vehicles | 24 | €1,187 | €411 | -€776 | -65.4% |
| Other tangible fixed assets | 26 | €10,420 | €7,385 | -€3,035 | -29.1% |
| Current assets | 29/58 | €474,189 | €491,534 | +€17,345 | +3.7% |
| Amounts receivable within one year | 40/41 | €147,437 | €162,512 | +€15,075 | +10.2% |
| Other amounts receivable | 41 | €147,437 | €162,512 | +€15,075 | +10.2% |
| Current investments | 50/53 | - | €250,000 | +€250,000 | |
| Cash at bank and in hand | 54/58 | €290,211 | €47,525 | -€242,686 | -83.6% |
| Deferred charges and accrued income | 490/1 | €36,541 | €31,497 | -€5,044 | -13.8% |
| Total equity and liabilities | 10/49 | €485,796 | €499,330 | +€13,534 | +2.8% |
| Equity | 10/15 | €469,243 | €474,236 | +€4,993 | +1.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €300,860 | €305,660 | +€4,800 | +1.6% |
| Distributable reserves | 133 | €300,860 | €305,660 | +€4,800 | +1.6% |
| Profit (loss) carried forward | 14 | €155,983 | €156,176 | +€193 | +0.1% |
| Amounts payable | 17/49 | €16,553 | €25,094 | +€8,541 | +51.6% |
| Amounts payable within one year | 42/48 | €15,646 | €8,122 | -€7,524 | -48.1% |
| Trade debts | 44 | €2,746 | €4,992 | +€2,246 | +81.8% |
| Suppliers | 440/4 | €2,746 | €4,992 | +€2,246 | +81.8% |
| Taxes, remuneration and social security | 45 | €12,900 | €3,130 | -€9,770 | -75.7% |
| Taxes | 450/3 | €12,900 | €3,130 | -€9,770 | -75.7% |
| Accrued charges and deferred income | 492/3 | €907 | €16,972 | +€16,065 | +1771.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,965 | €3,811 | -€154 | -3.9% |
| Other operating charges | 640/8 | €1,535 | €1,839 | +€304 | +19.8% |
| Non-recurring operating charges | 66A | - | €525 | +€525 | |
| Gross operating margin | 9900 | €34,979 | €3,067 | -€31,912 | -91.2% |
| Operating profit (loss) | 9901 | €29,479 | -€3,108 | -€32,587 | |
| Financial income | 75/76B | €7,290 | €11,210 | +€3,920 | +53.8% |
| Recurring financial income | 75 | €7,290 | €11,210 | +€3,920 | +53.8% |
| Financial charges | 65/66B | €1 | - | -€1 | |
| Recurring financial charges | 65 | €1 | - | -€1 | |
| Profit (loss) for the period before taxes | 9903 | €36,768 | €8,102 | -€28,666 | -78.0% |
| Income taxes | 67/77 | €12,785 | €3,109 | -€9,676 | -75.7% |
| Profit (loss) for the period | 9904 | €23,983 | €4,993 | -€18,990 | -79.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,983 | €4,993 | -€18,990 | -79.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.