NALISTIA: 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.
NALISTIA
Largest movements
- Cash +€57,277
up €57,277 (+100%), from €57,123 to €114,400
mainly Net result for the year (+€77,080) and Depreciation (+€18,506)
- Receivables within one year +€26,591
up €26,591 (+127%), from €21,003 to €47,593
of which Other amounts receivable: +€42,911
- Tangible fixed assets -€17,681
down €17,681 (-9.1%), from €194,725 to €177,044
of which Land and buildings: -€12,656
- Reserves +€75,000
up €75,000 (+61.6%), from €121,800 to €196,800
of which Distributable reserves: +€75,000
- Debts after one year -€13,848
down €13,848 (-31.0%), from €44,735 to €30,887
- Tax, wage and social debts +€8,114
up €8,114 (+53.7%), from €15,111 to €23,225
- Gross operating margin +€61,924
up €61,924 (+83.3%), from €74,371 to €136,295
- Taxes +€16,439
up €16,439 (+92.1%), from €17,856 to €34,295
- Write-downs +€2,149
new in 2025: €2,149
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 | €273,633 | €339,185 | +€65,553 | +24.0% |
| Fixed assets | 21/28 | €194,725 | €177,044 | -€17,681 | -9.1% |
| Tangible fixed assets | 22/27 | €194,725 | €177,044 | -€17,681 | -9.1% |
| Land and buildings | 22 | €174,023 | €161,367 | -€12,656 | -7.3% |
| Furniture and vehicles | 24 | €20,701 | €15,677 | -€5,025 | -24.3% |
| Current assets | 29/58 | €78,908 | €162,142 | +€83,233 | +105% |
| Stocks and contracts in progress | 3 | €139 | €148 | +€10 | +6.9% |
| Stocks | 30/36 | €139 | €148 | +€10 | +6.9% |
| Amounts receivable within one year | 40/41 | €21,003 | €47,593 | +€26,591 | +127% |
| Trade receivables | 40 | €20,707 | €4,386 | -€16,321 | -78.8% |
| Other amounts receivable | 41 | €296 | €43,207 | +€42,911 | +14,496% |
| Cash at bank and in hand | 54/58 | €57,123 | €114,400 | +€57,277 | +100% |
| Deferred charges and accrued income | 490/1 | €644 | - | -€644 | |
| Total equity and liabilities | 10/49 | €273,633 | €339,185 | +€65,553 | +24.0% |
| Equity | 10/15 | €193,727 | €270,807 | +€77,080 | +39.8% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €121,800 | €196,800 | +€75,000 | +61.6% |
| Non-distributable reserves | 130/1 | €1,800 | €1,800 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,800 | €1,800 | = | 0.0% |
| Distributable reserves | 133 | €120,000 | €195,000 | +€75,000 | +62.5% |
| Profit (loss) carried forward | 14 | €65,427 | €67,507 | +€2,080 | +3.2% |
| Amounts payable | 17/49 | €79,906 | €68,379 | -€11,527 | -14.4% |
| Amounts payable after more than one year | 17 | €44,735 | €30,887 | -€13,848 | -31.0% |
| Financial debts | 170/4 | €44,735 | €30,887 | -€13,848 | -31.0% |
| Amounts payable within one year | 42/48 | €35,171 | €37,492 | +€2,321 | +6.6% |
| Current portion of amounts payable after more than one year | 42 | €13,288 | €13,848 | +€560 | +4.2% |
| Trade debts | 44 | €3,712 | €419 | -€3,293 | -88.7% |
| Suppliers | 440/4 | €3,712 | €419 | -€3,293 | -88.7% |
| Taxes, remuneration and social security | 45 | €15,111 | €23,225 | +€8,114 | +53.7% |
| Taxes | 450/3 | €15,111 | €23,225 | +€8,114 | +53.7% |
| Other amounts payable | 47/48 | €3,059 | - | -€3,059 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,478 | €18,506 | +€27 | +0.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,149 | +€2,149 | |
| Other operating charges | 640/8 | €2,528 | €2,847 | +€319 | +12.6% |
| Gross operating margin | 9900 | €74,371 | €136,295 | +€61,924 | +83.3% |
| Operating profit (loss) | 9901 | €53,365 | €112,794 | +€59,429 | +111% |
| Financial income | 75/76B | €1 | €1,070 | +€1,069 | +127,314% |
| Recurring financial income | 75 | €1 | €1,070 | +€1,069 | +127,314% |
| Financial charges | 65/66B | €2,791 | €2,490 | -€301 | -10.8% |
| Recurring financial charges | 65 | €2,791 | €2,490 | -€301 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €50,575 | €111,375 | +€60,800 | +120% |
| Income taxes | 67/77 | €17,856 | €34,295 | +€16,439 | +92.1% |
| Profit (loss) for the period | 9904 | €32,719 | €77,080 | +€44,360 | +136% |
| Profit (loss) for the period to be appropriated | 9905 | €32,719 | €77,080 | +€44,360 | +136% |
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 16 October 2026 via checked.be.