NALURI: 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.
NALURI
Largest movements
- Receivables within one year +€214,147
up €214,147 (+668.3%), from €32,043 to €246,190
of which Trade receivables: +€180,990
- Cash +€42,336
up €42,336 (+4.1%), from €1.0m to €1.1m
mainly Advances received (+€250,000) and Net result for the year (+€80,973)
- Advances received +€250,000
up €250,000 (+250.0%), from €100,000 to €350,000
- Other debts +€61,751
up €61,751 (+62.8%), from €98,308 to €160,059
- Tax, wage and social debts -€36,023
down €36,023 (-66.0%), from €54,587 to €18,565
of which Taxes: -€36,251
- Reserves -€15,602
down €15,602 (-2.0%), from €783,704 to €768,101
- Gross operating margin -€115,710
down €115,710 (-50.7%), from €228,270 to €112,560
- Taxes -€37,457
down €37,457 (-57.6%), from €65,008 to €27,552
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 | €1,071,210 | €1,324,509 | +€253,299 | +23.6% |
| Fixed assets | 21/28 | €11,962 | €8,821 | -€3,141 | -26.3% |
| Tangible fixed assets | 22/27 | €11,962 | €8,821 | -€3,141 | -26.3% |
| Plant, machinery and equipment | 23 | €11,962 | €8,113 | -€3,849 | -32.2% |
| Furniture and vehicles | 24 | - | €708 | +€708 | |
| Current assets | 29/58 | €1,059,248 | €1,315,688 | +€256,440 | +24.2% |
| Amounts receivable within one year | 40/41 | €32,043 | €246,190 | +€214,147 | +668.3% |
| Trade receivables | 40 | €32,043 | €213,033 | +€180,990 | +564.8% |
| Other amounts receivable | 41 | - | €33,158 | +€33,158 | |
| Cash at bank and in hand | 54/58 | €1,026,135 | €1,068,471 | +€42,336 | +4.1% |
| Deferred charges and accrued income | 490/1 | €1,070 | €1,028 | -€43 | -4.0% |
| Total equity and liabilities | 10/49 | €1,071,210 | €1,324,509 | +€253,299 | +23.6% |
| Equity | 10/15 | €792,704 | €777,101 | -€15,602 | -2.0% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Reserves | 13 | €783,704 | €768,101 | -€15,602 | -2.0% |
| Distributable reserves | 133 | €783,704 | €768,101 | -€15,602 | -2.0% |
| Amounts payable | 17/49 | €278,506 | €547,408 | +€268,901 | +96.6% |
| Amounts payable within one year | 42/48 | €278,506 | €547,408 | +€268,901 | +96.6% |
| Trade debts | 44 | €25,611 | €18,784 | -€6,827 | -26.7% |
| Suppliers | 440/4 | €25,611 | €18,784 | -€6,827 | -26.7% |
| Advances received on contracts in progress | 46 | €100,000 | €350,000 | +€250,000 | +250.0% |
| Taxes, remuneration and social security | 45 | €54,587 | €18,565 | -€36,023 | -66.0% |
| Taxes | 450/3 | €48,587 | €12,336 | -€36,251 | -74.6% |
| Remuneration and social security | 454/9 | €6,001 | €6,229 | +€228 | +3.8% |
| Other amounts payable | 47/48 | €98,308 | €160,059 | +€61,751 | +62.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,512 | €4,908 | +€396 | +8.8% |
| Other operating charges | 640/8 | €1,381 | €1,419 | +€39 | +2.8% |
| Gross operating margin | 9900 | €228,270 | €112,560 | -€115,710 | -50.7% |
| Operating profit (loss) | 9901 | €222,377 | €106,232 | -€116,145 | -52.2% |
| Financial income | 75/76B | €2,322 | €2,364 | +€43 | +1.8% |
| Recurring financial income | 75 | €2,322 | €2,364 | +€43 | +1.8% |
| Financial charges | 65/66B | €343 | €72 | -€271 | -79.0% |
| Recurring financial charges | 65 | €343 | €72 | -€271 | -79.0% |
| Profit (loss) for the period before taxes | 9903 | €224,356 | €108,524 | -€115,831 | -51.6% |
| Income taxes | 67/77 | €65,008 | €27,552 | -€37,457 | -57.6% |
| Profit (loss) for the period | 9904 | €159,347 | €80,973 | -€78,375 | -49.2% |
| Profit (loss) for the period to be appropriated | 9905 | €159,347 | €80,973 | -€78,375 | -49.2% |
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 5 October 2026 via checked.be.