NAN TECH: 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.
NAN TECH
Largest movements
- Current investments +€200,000
new in 2025: €200,000
- Cash -€180,764
down €180,764 (-60.3%), from €299,703 to €118,939
mainly Current investments (-€200,000) and Trade debts (-€45,389)
- Receivables within one year -€20,485
down €20,485 (-37.0%), from €55,357 to €34,872
- Tangible fixed assets -€9,727
down €9,727 (-33.5%), from €29,064 to €19,338
- Reserves +€354,274
new in 2025: €354,274
- Profit (loss) carried forward -€292,376
no longer reported in 2025 (was €292,376)
- Trade debts -€45,389
down €45,389 (-97.5%), from €46,549 to €1,160
- Tax, wage and social debts -€28,625
down €28,625 (-71.7%), from €39,906 to €11,281
- Gross operating margin -€104,381
down €104,381 (-54.1%), from €192,805 to €88,424
- Taxes -€25,183
down €25,183 (-61.1%), from €41,241 to €16,058
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 | €384,124 | €373,149 | -€10,975 | -2.9% |
| Fixed assets | 21/28 | €29,064 | €19,338 | -€9,727 | -33.5% |
| Tangible fixed assets | 22/27 | €29,064 | €19,338 | -€9,727 | -33.5% |
| Furniture and vehicles | 24 | €29,064 | €19,338 | -€9,727 | -33.5% |
| Current assets | 29/58 | €355,060 | €353,811 | -€1,249 | -0.4% |
| Amounts receivable within one year | 40/41 | €55,357 | €34,872 | -€20,485 | -37.0% |
| Trade receivables | 40 | €55,357 | €34,872 | -€20,485 | -37.0% |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €299,703 | €118,939 | -€180,764 | -60.3% |
| Total equity and liabilities | 10/49 | €384,124 | €373,149 | -€10,975 | -2.9% |
| Equity | 10/15 | €295,376 | €357,274 | +€61,899 | +21.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | €3,000 | €3,000 | = | 0.0% |
| Other | 1109/19 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €354,274 | +€354,274 | |
| Distributable reserves | 133 | - | €354,274 | +€354,274 | |
| Profit (loss) carried forward | 14 | €292,376 | - | -€292,376 | |
| Amounts payable | 17/49 | €88,749 | €15,874 | -€72,874 | -82.1% |
| Amounts payable within one year | 42/48 | €88,749 | €15,614 | -€73,134 | -82.4% |
| Trade debts | 44 | €46,549 | €1,160 | -€45,389 | -97.5% |
| Suppliers | 440/4 | €46,549 | €1,160 | -€45,389 | -97.5% |
| Taxes, remuneration and social security | 45 | €39,906 | €11,281 | -€28,625 | -71.7% |
| Taxes | 450/3 | €39,906 | €11,281 | -€28,625 | -71.7% |
| Other amounts payable | 47/48 | €2,293 | €3,173 | +€880 | +38.4% |
| Accrued charges and deferred income | 492/3 | - | €260 | +€260 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,146 | €9,727 | +€580 | +6.3% |
| Other operating charges | 640/8 | €990 | €555 | -€435 | -44.0% |
| Gross operating margin | 9900 | €192,805 | €88,424 | -€104,381 | -54.1% |
| Operating profit (loss) | 9901 | €182,669 | €78,143 | -€104,526 | -57.2% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €44 | €186 | +€142 | +326.7% |
| Recurring financial charges | 65 | €44 | €186 | +€142 | +326.7% |
| Profit (loss) for the period before taxes | 9903 | €182,626 | €77,957 | -€104,669 | -57.3% |
| Income taxes | 67/77 | €41,241 | €16,058 | -€25,183 | -61.1% |
| Profit (loss) for the period | 9904 | €141,385 | €61,899 | -€79,486 | -56.2% |
| Profit (loss) for the period to be appropriated | 9905 | €141,385 | €61,899 | -€79,486 | -56.2% |
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 9 October 2026 via checked.be.