NALIS: 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.
NALIS
Largest movements
- Receivables within one year -€10,703
down €10,703 (-8.3%), from €128,829 to €118,126
- Tangible fixed assets -€6,480
down €6,480 (-5.0%), from €129,837 to €123,357
- Other debts -€5,573
down €5,573 (-4.8%), from €116,751 to €111,178
- Debts after one year -€5,340
down €5,340 (-16.7%), from €32,040 to €26,700
- Profit (loss) carried forward -€4,218
down €4,218 (-5.0%), from €84,080 to €79,861
- Gross operating margin +€3,534
up €3,534 (+245.9%), from €1,437 to €4,972
- Financial charges -€146
down €146 (-3.4%), from €4,309 to €4,163
- Financial income -€143
down €143 (-3.6%), from €3,960 to €3,817
- Other operating charges +€138
up €138 (+6.2%), from €2,227 to €2,365
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 | €315,641 | €298,263 | -€17,378 | -5.5% |
| Fixed assets | 21/28 | €182,837 | €176,357 | -€6,480 | -3.5% |
| Tangible fixed assets | 22/27 | €129,837 | €123,357 | -€6,480 | -5.0% |
| Land and buildings | 22 | €129,837 | €123,357 | -€6,480 | -5.0% |
| Financial fixed assets | 28 | €53,000 | €53,000 | = | 0.0% |
| Current assets | 29/58 | €132,804 | €121,906 | -€10,898 | -8.2% |
| Amounts receivable within one year | 40/41 | €128,829 | €118,126 | -€10,703 | -8.3% |
| Other amounts receivable | 41 | €128,829 | €118,126 | -€10,703 | -8.3% |
| Cash at bank and in hand | 54/58 | €16 | €16 | +€0 | +1.4% |
| Deferred charges and accrued income | 490/1 | €3,959 | €3,764 | -€195 | -4.9% |
| Total equity and liabilities | 10/49 | €315,641 | €298,263 | -€17,378 | -5.5% |
| Equity | 10/15 | €152,280 | €148,061 | -€4,218 | -2.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,080 | €79,861 | -€4,218 | -5.0% |
| Amounts payable | 17/49 | €163,361 | €150,201 | -€13,160 | -8.1% |
| Amounts payable after more than one year | 17 | €32,040 | €26,700 | -€5,340 | -16.7% |
| Financial debts | 170/4 | €32,040 | €26,700 | -€5,340 | -16.7% |
| Amounts payable within one year | 42/48 | €127,431 | €120,030 | -€7,401 | -5.8% |
| Current portion of amounts payable after more than one year | 42 | €5,340 | €5,340 | = | 0.0% |
| Trade debts | 44 | €5,340 | €3,511 | -€1,828 | -34.2% |
| Suppliers | 440/4 | €5,340 | €3,511 | -€1,828 | -34.2% |
| Other amounts payable | 47/48 | €116,751 | €111,178 | -€5,573 | -4.8% |
| Accrued charges and deferred income | 492/3 | €3,890 | €3,471 | -€418 | -10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,480 | €6,480 | = | 0.0% |
| Other operating charges | 640/8 | €2,227 | €2,365 | +€138 | +6.2% |
| Gross operating margin | 9900 | €1,437 | €4,972 | +€3,534 | +245.9% |
| Operating profit (loss) | 9901 | -€7,269 | -€3,873 | +€3,396 | +46.7% |
| Financial income | 75/76B | €3,960 | €3,817 | -€143 | -3.6% |
| Recurring financial income | 75 | €3,960 | €3,817 | -€143 | -3.6% |
| Financial charges | 65/66B | €4,309 | €4,163 | -€146 | -3.4% |
| Recurring financial charges | 65 | €4,309 | €4,163 | -€146 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,618 | -€4,218 | +€3,400 | +44.6% |
| Profit (loss) for the period | 9904 | -€7,618 | -€4,218 | +€3,400 | +44.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,618 | -€4,218 | +€3,400 | +44.6% |
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 3 October 2026 via checked.be.