NALIOS INTERNATIONAL: 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.
NALIOS INTERNATIONAL
Largest movements
- Financial fixed assets +€820,411
up €820,411 (+65.9%), from €1.2m to €2.1m
- Receivables within one year -€171,450
down €171,450 (-54.9%), from €312,196 to €140,746
of which Trade receivables: -€173,114
- Cash +€86,537
up €86,537 (+105%), from €82,267 to €168,804
mainly Net result for the year (+€595,940) and Receivables within one year (+€171,450)
- Profit (loss) carried forward +€595,190
up €595,190 (+208%), from €286,226 to €881,416
- Trade debts +€124,885
up €124,885 (+590%), from €21,155 to €146,040
- Current portion of long-term debt +€60,228
new in 2025: €60,228
- Purchases and services +€652,787
up €652,787 (+90.5%), from €721,335 to €1.4m
- Turnover +€544,320
up €544,320 (+46.1%), from €1.2m to €1.7m
- Financial income +€395,427
up €395,427 (+3,709,449%), from €11 to €395,438
of which Financial income: +€350,427
- Gross operating margin -€43,636
down €43,636 (-9.1%), from €476,898 to €433,262
- Staff costs +€40,301
up €40,301 (+99.7%), from €40,427 to €80,727
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 | €1,728,539 | €2,469,972 | +€741,434 | +42.9% |
| Formation expenses | 20 | €3,521 | €2,100 | -€1,420 | -40.3% |
| Fixed assets | 21/28 | €1,272,601 | €2,084,282 | +€811,681 | +63.8% |
| Intangible fixed assets | 21 | €22,000 | €16,000 | -€6,000 | -27.3% |
| Tangible fixed assets | 22/27 | €6,401 | €3,671 | -€2,731 | -42.7% |
| Furniture and vehicles | 24 | €6,401 | €3,671 | -€2,731 | -42.7% |
| Financial fixed assets | 28 | €1,244,200 | €2,064,611 | +€820,411 | +65.9% |
| Current assets | 29/58 | €452,417 | €383,590 | -€68,827 | -15.2% |
| Amounts receivable within one year | 40/41 | €312,196 | €140,746 | -€171,450 | -54.9% |
| Trade receivables | 40 | €311,749 | €138,635 | -€173,114 | -55.5% |
| Other amounts receivable | 41 | €447 | €2,111 | +€1,664 | +373% |
| Cash at bank and in hand | 54/58 | €82,267 | €168,804 | +€86,537 | +105% |
| Deferred charges and accrued income | 490/1 | €57,954 | €74,040 | +€16,086 | +27.8% |
| Total equity and liabilities | 10/49 | €1,728,539 | €2,469,972 | +€741,434 | +42.9% |
| Equity | 10/15 | €1,336,226 | €1,931,416 | +€595,190 | +44.5% |
| Contributions | 10/11 | €1,050,000 | €1,050,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €286,226 | €881,416 | +€595,190 | +208% |
| Amounts payable | 17/49 | €392,313 | €538,556 | +€146,243 | +37.3% |
| Amounts payable after more than one year | 17 | €234,000 | €220,495 | -€13,505 | -5.8% |
| Financial debts | 170/4 | €234,000 | €220,495 | -€13,505 | -5.8% |
| Amounts payable within one year | 42/48 | €142,817 | €306,751 | +€163,934 | +115% |
| Current portion of amounts payable after more than one year | 42 | - | €60,228 | +€60,228 | |
| Trade debts | 44 | €21,155 | €146,040 | +€124,885 | +590% |
| Suppliers | 440/4 | €21,155 | €146,040 | +€124,885 | +590% |
| Taxes, remuneration and social security | 45 | €120,162 | €99,734 | -€20,428 | -17.0% |
| Taxes | 450/3 | €115,354 | €93,745 | -€21,609 | -18.7% |
| Remuneration and social security | 454/9 | €4,808 | €5,989 | +€1,180 | +24.6% |
| Other amounts payable | 47/48 | €1,500 | €750 | -€750 | -50.0% |
| Accrued charges and deferred income | 492/3 | €15,496 | €11,310 | -€4,186 | -27.0% |
| Turnover | 70 | €1,180,947 | €1,725,267 | +€544,320 | +46.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €721,335 | €1,374,122 | +€652,787 | +90.5% |
| Remuneration, social security and pensions | 62 | €40,427 | €80,727 | +€40,301 | +99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,706 | €10,151 | -€1,555 | -13.3% |
| Other operating charges | 640/8 | €12,401 | €49,565 | +€37,164 | +300% |
| Non-recurring operating charges | 66A | €15,000 | - | -€15,000 | |
| Gross operating margin | 9900 | €476,898 | €433,262 | -€43,636 | -9.1% |
| Operating profit (loss) | 9901 | €397,365 | €292,819 | -€104,545 | -26.3% |
| Financial income | 75/76B | €11 | €395,438 | +€395,427 | +3,709,449% |
| Recurring financial income | 75 | €11 | €350,438 | +€350,427 | +3,287,310% |
| Non-recurring financial income | 76B | - | €45,000 | +€45,000 | |
| Financial charges | 65/66B | €11,304 | €19,736 | +€8,432 | +74.6% |
| Recurring financial charges | 65 | €11,304 | €19,736 | +€8,432 | +74.6% |
| Profit (loss) for the period before taxes | 9903 | €386,071 | €668,521 | +€282,450 | +73.2% |
| Income taxes | 67/77 | €98,346 | €72,580 | -€25,765 | -26.2% |
| Profit (loss) for the period | 9904 | €287,726 | €595,940 | +€308,215 | +107% |
| Profit (loss) for the period to be appropriated | 9905 | €287,726 | €595,940 | +€308,215 | +107% |
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 29 October 2026 via checked.be.