NALIOS: 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.
NALIOS
Largest movements
- Cash -€224,516
down €224,516 (-25.5%), from €879,183 to €654,667
mainly Contributions, distributions and other (-€853,730) and Accrued charges and deferred income (-€249,058)
- Receivables within one year -€153,822
down €153,822 (-37.0%), from €415,640 to €261,818
of which Other amounts receivable: -€87,220
- Deferred charges and accrued income +€62,224
up €62,224 (+114.8%), from €54,180 to €116,405
- Tangible fixed assets -€24,916
down €24,916 (-40.8%), from €61,040 to €36,124
- Other debts +€366,152
up €366,152 (+1123.9%), from €32,578 to €398,730
- Profit (loss) carried forward -€256,281
down €256,281 (-100.0%), from €256,281 to €0
- Accrued charges and deferred income -€249,058
down €249,058 (-31.5%), from €791,126 to €542,067
- Trade debts -€128,230
down €128,230 (-60.0%), from €213,798 to €85,567
- Tax, wage and social debts -€78,076
down €78,076 (-24.8%), from €315,077 to €237,001
of which Taxes: -€52,204
- Turnover +€835,317
up €835,317 (+34.8%), from €2.4m to €3.2m
- Gross operating margin +€682,999
up €682,999 (+42.1%), from €1.6m to €2.3m
- Taxes +€168,920
up €168,920 (+262.6%), from €64,315 to €233,235
- Purchases and services +€101,036
up €101,036 (+8.2%), from €1.2m to €1.3m
- Staff costs +€96,028
up €96,028 (+7.3%), from €1.3m to €1.4m
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 | €1,610,395 | €1,264,366 | -€346,029 | -21.5% |
| Fixed assets | 21/28 | €66,392 | €41,476 | -€24,916 | -37.5% |
| Tangible fixed assets | 22/27 | €61,040 | €36,124 | -€24,916 | -40.8% |
| Furniture and vehicles | 24 | €61,040 | €36,124 | -€24,916 | -40.8% |
| Financial fixed assets | 28 | €5,352 | €5,352 | = | 0.0% |
| Current assets | 29/58 | €1,544,003 | €1,222,890 | -€321,113 | -20.8% |
| Amounts receivable after more than one year | 29 | €195,000 | €190,000 | -€5,000 | -2.6% |
| Trade receivables | 290 | €195,000 | €190,000 | -€5,000 | -2.6% |
| Amounts receivable within one year | 40/41 | €415,640 | €261,818 | -€153,822 | -37.0% |
| Trade receivables | 40 | €328,155 | €261,553 | -€66,602 | -20.3% |
| Other amounts receivable | 41 | €87,486 | €266 | -€87,220 | -99.7% |
| Cash at bank and in hand | 54/58 | €879,183 | €654,667 | -€224,516 | -25.5% |
| Deferred charges and accrued income | 490/1 | €54,180 | €116,405 | +€62,224 | +114.8% |
| Total equity and liabilities | 10/49 | €1,610,395 | €1,264,366 | -€346,029 | -21.5% |
| Equity | 10/15 | €257,281 | €1,000 | -€256,281 | -99.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €256,281 | €0 | -€256,281 | -100.0% |
| Amounts payable | 17/49 | €1,353,114 | €1,263,366 | -€89,748 | -6.6% |
| Amounts payable within one year | 42/48 | €561,988 | €721,299 | +€159,310 | +28.3% |
| Current portion of amounts payable after more than one year | 42 | €536 | - | -€536 | |
| Trade debts | 44 | €213,798 | €85,567 | -€128,230 | -60.0% |
| Suppliers | 440/4 | €213,798 | €85,567 | -€128,230 | -60.0% |
| Taxes, remuneration and social security | 45 | €315,077 | €237,001 | -€78,076 | -24.8% |
| Taxes | 450/3 | €145,425 | €93,221 | -€52,204 | -35.9% |
| Remuneration and social security | 454/9 | €169,652 | €143,780 | -€25,872 | -15.3% |
| Other amounts payable | 47/48 | €32,578 | €398,730 | +€366,152 | +1123.9% |
| Accrued charges and deferred income | 492/3 | €791,126 | €542,067 | -€249,058 | -31.5% |
| Turnover | 70 | €2,398,787 | €3,234,104 | +€835,317 | +34.8% |
| Non-recurring operating income | 76A | €46,572 | - | -€46,572 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,231,740 | €1,332,777 | +€101,036 | +8.2% |
| Remuneration, social security and pensions | 62 | €1,313,092 | €1,409,119 | +€96,028 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,370 | €32,380 | -€991 | -3.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,706 | -€4,706 | -€9,412 | |
| Other operating charges | 640/8 | €83,411 | €22,800 | -€60,611 | -72.7% |
| Non-recurring operating charges | 66A | €5 | - | -€5 | |
| Gross operating margin | 9900 | €1,622,180 | €2,305,180 | +€682,999 | +42.1% |
| Operating profit (loss) | 9901 | €187,597 | €845,587 | +€657,990 | +350.7% |
| Financial income | 75/76B | €8,823 | €16,917 | +€8,094 | +91.7% |
| Recurring financial income | 75 | €8,823 | €16,917 | +€8,094 | +91.7% |
| Financial charges | 65/66B | €23,072 | €31,820 | +€8,748 | +37.9% |
| Recurring financial charges | 65 | €23,072 | €31,820 | +€8,748 | +37.9% |
| Profit (loss) for the period before taxes | 9903 | €173,347 | €830,683 | +€657,336 | +379.2% |
| Income taxes | 67/77 | €64,315 | €233,235 | +€168,920 | +262.6% |
| Profit (loss) for the period | 9904 | €109,032 | €597,449 | +€488,416 | +448.0% |
| Profit (loss) for the period to be appropriated | 9905 | €109,032 | €597,449 | +€488,416 | +448.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.