NANA: 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.
NANA
Largest movements
- Cash +€121,745
up €121,745 (+85.4%), from €142,556 to €264,300
mainly Net result for the year (+€126,252) and Tax, wage and social debts (+€7,100)
- Receivables within one year +€9,202
up €9,202 (+35.5%), from €25,902 to €35,104
of which Trade receivables: +€7,258
- Reserves +€126,252
up €126,252 (+78.4%), from €161,006 to €287,258
- Tax, wage and social debts +€7,100
up €7,100 (+104%), from €6,796 to €13,896
- Gross operating margin -€5,980
down €5,980 (-3.5%), from €172,974 to €166,994
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 | €172,889 | €303,644 | +€130,755 | +75.6% |
| Fixed assets | 21/28 | €832 | €459 | -€374 | -44.9% |
| Tangible fixed assets | 22/27 | €832 | €459 | -€374 | -44.9% |
| Furniture and vehicles | 24 | €832 | €459 | -€374 | -44.9% |
| Current assets | 29/58 | €172,056 | €303,185 | +€131,129 | +76.2% |
| Amounts receivable within one year | 40/41 | €25,902 | €35,104 | +€9,202 | +35.5% |
| Trade receivables | 40 | €25,598 | €32,856 | +€7,258 | +28.4% |
| Other amounts receivable | 41 | €304 | €2,248 | +€1,945 | +640% |
| Cash at bank and in hand | 54/58 | €142,556 | €264,300 | +€121,745 | +85.4% |
| Deferred charges and accrued income | 490/1 | €3,599 | €3,780 | +€182 | +5.0% |
| Total equity and liabilities | 10/49 | €172,889 | €303,644 | +€130,755 | +75.6% |
| Equity | 10/15 | €162,006 | €288,258 | +€126,252 | +77.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €161,006 | €287,258 | +€126,252 | +78.4% |
| Distributable reserves | 133 | €161,006 | €287,258 | +€126,252 | +78.4% |
| Amounts payable | 17/49 | €10,883 | €15,386 | +€4,503 | +41.4% |
| Amounts payable within one year | 42/48 | €10,883 | €15,386 | +€4,503 | +41.4% |
| Financial debts | 43 | €478 | €0 | -€478 | -100% |
| Credit institutions | 430/8 | €478 | €0 | -€478 | -100% |
| Trade debts | 44 | €1,026 | €907 | -€119 | -11.6% |
| Suppliers | 440/4 | €1,026 | €907 | -€119 | -11.6% |
| Taxes, remuneration and social security | 45 | €6,796 | €13,896 | +€7,100 | +104% |
| Taxes | 450/3 | €6,796 | €13,896 | +€7,100 | +104% |
| Other amounts payable | 47/48 | €2,583 | €582 | -€2,001 | -77.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €289 | €374 | +€85 | +29.4% |
| Other operating charges | 640/8 | €718 | €935 | +€218 | +30.3% |
| Gross operating margin | 9900 | €172,974 | €166,994 | -€5,980 | -3.5% |
| Operating profit (loss) | 9901 | €171,968 | €165,685 | -€6,282 | -3.7% |
| Financial income | 75/76B | €10 | €0 | -€10 | -100% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -100% |
| Financial charges | 65/66B | €1,275 | €1,138 | -€137 | -10.8% |
| Recurring financial charges | 65 | €1,275 | €1,138 | -€137 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €170,703 | €164,547 | -€6,155 | -3.6% |
| Income taxes | 67/77 | €38,689 | €38,295 | -€393 | -1.0% |
| Profit (loss) for the period | 9904 | €132,014 | €126,252 | -€5,762 | -4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €132,014 | €126,252 | -€5,762 | -4.4% |
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 17 October 2026 via checked.be.