NANAZ: 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.
NANAZ
Largest movements
- Tangible fixed assets -€11,692
down €11,692 (-50.0%), from €23,387 to €11,695
of which Furniture and vehicles: -€11,692
- Receivables within one year -€6,729
down €6,729 (-55.4%), from €12,155 to €5,426
of which Trade receivables: -€7,904
- Cash +€1,651
up €1,651 (+7.5%), from €21,977 to €23,628
mainly Depreciation (+€11,693) and Receivables within one year (+€6,729)
- Profit (loss) carried forward -€5,370
down €5,370 (-12.3%), from -€43,568 to -€48,938
- Other debts -€4,971
down €4,971 (-6.6%), from €75,387 to €70,416
- Trade debts -€4,693
down €4,693 (-80.0%), from €5,866 to €1,173
- Tax, wage and social debts -€1,735
down €1,735 (-7.2%), from €24,082 to €22,347
of which Remuneration and social security: -€5,325
- Gross operating margin -€23,327
down €23,327 (-20.1%), from €116,092 to €92,765
- Other operating charges +€16,261
up €16,261 (+2468.6%), from €659 to €16,920
- Taxes -€2,604
no longer reported in 2025 (was €2,604)
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 | €82,519 | €65,749 | -€16,770 | -20.3% |
| Fixed assets | 21/28 | €48,387 | €36,695 | -€11,692 | -24.2% |
| Intangible fixed assets | 21 | €25,000 | €25,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €23,387 | €11,695 | -€11,692 | -50.0% |
| Furniture and vehicles | 24 | €23,387 | €11,695 | -€11,692 | -50.0% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Current assets | 29/58 | €34,132 | €29,054 | -€5,078 | -14.9% |
| Amounts receivable within one year | 40/41 | €12,155 | €5,426 | -€6,729 | -55.4% |
| Trade receivables | 40 | €12,155 | €4,251 | -€7,904 | -65.0% |
| Other amounts receivable | 41 | €0 | €1,175 | +€1,175 | |
| Cash at bank and in hand | 54/58 | €21,977 | €23,628 | +€1,651 | +7.5% |
| Total equity and liabilities | 10/49 | €82,519 | €65,749 | -€16,770 | -20.3% |
| Equity | 10/15 | -€23,116 | -€28,487 | -€5,371 | -23.2% |
| Contributions | 10/11 | €18,592 | €18,592 | -€0 | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | -€0 | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€43,568 | -€48,938 | -€5,370 | -12.3% |
| Amounts payable | 17/49 | €105,636 | €94,236 | -€11,400 | -10.8% |
| Amounts payable within one year | 42/48 | €105,636 | €94,236 | -€11,400 | -10.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €5,866 | €1,173 | -€4,693 | -80.0% |
| Suppliers | 440/4 | €5,866 | €1,173 | -€4,693 | -80.0% |
| Advances received on contracts in progress | 46 | €300 | €300 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €24,082 | €22,347 | -€1,735 | -7.2% |
| Taxes | 450/3 | €481 | €4,070 | +€3,589 | +746.9% |
| Remuneration and social security | 454/9 | €23,602 | €18,277 | -€5,325 | -22.6% |
| Other amounts payable | 47/48 | €75,387 | €70,416 | -€4,971 | -6.6% |
| Remuneration, social security and pensions | 62 | €69,822 | €69,322 | -€500 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,692 | €11,693 | +€1 | 0.0% |
| Other operating charges | 640/8 | €659 | €16,920 | +€16,261 | +2468.6% |
| Gross operating margin | 9900 | €116,092 | €92,765 | -€23,327 | -20.1% |
| Operating profit (loss) | 9901 | €33,919 | -€5,170 | -€39,089 | |
| Financial charges | 65/66B | €541 | €200 | -€341 | -63.0% |
| Recurring financial charges | 65 | €541 | €200 | -€341 | -63.0% |
| Profit (loss) for the period before taxes | 9903 | €33,379 | -€5,370 | -€38,749 | |
| Income taxes | 67/77 | €2,604 | - | -€2,604 | |
| Profit (loss) for the period | 9904 | €30,774 | -€5,370 | -€36,144 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,774 | -€5,370 | -€36,144 |
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 4 October 2026 via checked.be.