NANAUX: 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.
NANAUX
Largest movements
- Cash +€43,246
up €43,246 (+39.7%), from €108,889 to €152,135
mainly Net result for the year (+€30,591) and Depreciation (+€9,741)
- Tangible fixed assets -€9,741
down €9,741 (-48.5%), from €20,076 to €10,335
- Receivables within one year -€6,001
down €6,001 (-41.5%), from €14,458 to €8,458
of which Other amounts receivable: -€6,450
- Reserves +€30,591
up €30,591 (+36.5%), from €83,774 to €114,365
- Debts after one year -€6,959
no longer reported in 2025 (was €6,959)
- Other debts +€4,565
up €4,565 (+22.3%), from €20,471 to €25,037
- Gross operating margin +€27,826
up €27,826 (+108%), from €25,759 to €53,584
- Taxes +€7,660
up €7,660 (+257%), from €2,977 to €10,637
- Depreciation +€598
up €598 (+6.5%), from €9,143 to €9,741
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 | €147,074 | €174,798 | +€27,724 | +18.9% |
| Fixed assets | 21/28 | €22,076 | €12,335 | -€9,741 | -44.1% |
| Tangible fixed assets | 22/27 | €20,076 | €10,335 | -€9,741 | -48.5% |
| Furniture and vehicles | 24 | €20,076 | €10,335 | -€9,741 | -48.5% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €124,998 | €162,463 | +€37,465 | +30.0% |
| Amounts receivable within one year | 40/41 | €14,458 | €8,458 | -€6,001 | -41.5% |
| Trade receivables | 40 | €7,986 | €8,435 | +€449 | +5.6% |
| Other amounts receivable | 41 | €6,472 | €23 | -€6,450 | -99.6% |
| Cash at bank and in hand | 54/58 | €108,889 | €152,135 | +€43,246 | +39.7% |
| Deferred charges and accrued income | 490/1 | €1,650 | €1,871 | +€221 | +13.4% |
| Total equity and liabilities | 10/49 | €147,074 | €174,798 | +€27,724 | +18.9% |
| Equity | 10/15 | €102,374 | €132,965 | +€30,591 | +29.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €83,774 | €114,365 | +€30,591 | +36.5% |
| Distributable reserves | 133 | €83,774 | €114,365 | +€30,591 | +36.5% |
| Amounts payable | 17/49 | €44,700 | €41,833 | -€2,867 | -6.4% |
| Amounts payable after more than one year | 17 | €6,959 | - | -€6,959 | |
| Financial debts | 170/4 | €6,959 | - | -€6,959 | |
| Amounts payable within one year | 42/48 | €36,648 | €39,332 | +€2,684 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €7,610 | €6,959 | -€651 | -8.6% |
| Trade debts | 44 | €1,315 | €1,242 | -€73 | -5.6% |
| Suppliers | 440/4 | €1,315 | €1,242 | -€73 | -5.6% |
| Taxes, remuneration and social security | 45 | €7,251 | €6,094 | -€1,157 | -16.0% |
| Taxes | 450/3 | €4,511 | €6,094 | +€1,583 | +35.1% |
| Remuneration and social security | 454/9 | €2,740 | - | -€2,740 | |
| Other amounts payable | 47/48 | €20,471 | €25,037 | +€4,565 | +22.3% |
| Accrued charges and deferred income | 492/3 | €1,094 | €2,502 | +€1,408 | +129% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,143 | €9,741 | +€598 | +6.5% |
| Other operating charges | 640/8 | €976 | €1,055 | +€79 | +8.1% |
| Gross operating margin | 9900 | €25,759 | €53,584 | +€27,826 | +108% |
| Operating profit (loss) | 9901 | €15,640 | €42,789 | +€27,149 | +174% |
| Financial charges | 65/66B | €1,316 | €1,560 | +€244 | +18.5% |
| Recurring financial charges | 65 | €1,316 | €1,560 | +€244 | +18.5% |
| Profit (loss) for the period before taxes | 9903 | €14,323 | €41,228 | +€26,905 | +188% |
| Income taxes | 67/77 | €2,977 | €10,637 | +€7,660 | +257% |
| Profit (loss) for the period | 9904 | €11,346 | €30,591 | +€19,245 | +170% |
| Profit (loss) for the period to be appropriated | 9905 | €11,346 | €30,591 | +€19,245 | +170% |
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.