NaNdeko: 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.
NaNdeko
Largest movements
- Cash -€1,189
down €1,189 (-92.0%), from €1,293 to €103
mainly Net result for the year (-€1,496) and Tax, wage and social debts (-€74)
- Receivables within one year -€259
down €259 (-86.1%), from €301 to €42
- Profit (loss) carried forward -€1,496
down €1,496 (-22.4%), from -€6,664 to -€8,160
- Trade debts +€121
new in 2025: €121
- Tax, wage and social debts -€74
no longer reported in 2025 (was €74)
- Gross operating margin +€891
up €891 (+38.1%), from -€2,339 to -€1,448
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 | €1,594 | €145 | -€1,449 | -90.9% |
| Current assets | 29/58 | €1,594 | €145 | -€1,449 | -90.9% |
| Amounts receivable within one year | 40/41 | €301 | €42 | -€259 | -86.1% |
| Other amounts receivable | 41 | €301 | €42 | -€259 | -86.1% |
| Cash at bank and in hand | 54/58 | €1,293 | €103 | -€1,189 | -92.0% |
| Total equity and liabilities | 10/49 | €1,594 | €145 | -€1,449 | -90.9% |
| Equity | 10/15 | -€5,664 | -€7,160 | -€1,496 | -26.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,664 | -€8,160 | -€1,496 | -22.4% |
| Amounts payable | 17/49 | €7,258 | €7,305 | +€47 | +0.7% |
| Amounts payable within one year | 42/48 | €7,258 | €7,305 | +€47 | +0.7% |
| Trade debts | 44 | - | €121 | +€121 | |
| Suppliers | 440/4 | - | €121 | +€121 | |
| Taxes, remuneration and social security | 45 | €74 | - | -€74 | |
| Taxes | 450/3 | €74 | - | -€74 | |
| Other amounts payable | 47/48 | €7,185 | €7,185 | = | 0.0% |
| Gross operating margin | 9900 | -€2,339 | -€1,448 | +€891 | +38.1% |
| Operating profit (loss) | 9901 | -€2,339 | -€1,448 | +€891 | +38.1% |
| Financial charges | 65/66B | €47 | €48 | +€1 | +3.2% |
| Recurring financial charges | 65 | €47 | €48 | +€1 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,385 | -€1,496 | +€890 | +37.3% |
| Profit (loss) for the period | 9904 | -€2,385 | -€1,496 | +€890 | +37.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,385 | -€1,496 | +€890 | +37.3% |
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 8 October 2026 via checked.be.