NANDOCO: 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.
NANDOCO
Largest movements
- Cash -€54,475
down €54,475 (-82.4%), from €66,083 to €11,608
mainly Debts after one year (-€94,005) and Tax, wage and social debts (-€33,240)
- Tangible fixed assets -€9,237
down €9,237 (-1.5%), from €611,590 to €602,353
of which Land and buildings: -€19,073
- Receivables within one year -€8,054
down €8,054 (-21.7%), from €37,111 to €29,057
of which Trade receivables: -€11,551
- Debts after one year -€94,005
down €94,005 (-20.3%), from €462,333 to €368,328
- Reserves +€57,484
up €57,484 (+36.8%), from €156,295 to €213,779
- Tax, wage and social debts -€33,240
down €33,240 (-73.1%), from €45,468 to €12,228
- Gross operating margin -€42,625
down €42,625 (-26.1%), from €163,409 to €120,784
- Taxes -€9,562
down €9,562 (-36.7%), from €26,065 to €16,503
- Other operating charges -€3,621
down €3,621 (-58.2%), from €6,223 to €2,602
- Depreciation +€1,899
up €1,899 (+10.0%), from €18,929 to €20,828
- Financial charges +€1,646
up €1,646 (+8.1%), from €20,264 to €21,910
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 | €716,880 | €644,487 | -€72,393 | -10.1% |
| Fixed assets | 21/28 | €611,590 | €602,353 | -€9,237 | -1.5% |
| Tangible fixed assets | 22/27 | €611,590 | €602,353 | -€9,237 | -1.5% |
| Land and buildings | 22 | €607,930 | €588,858 | -€19,073 | -3.1% |
| Furniture and vehicles | 24 | €3,659 | €13,495 | +€9,836 | +269% |
| Current assets | 29/58 | €105,291 | €42,134 | -€63,156 | -60.0% |
| Amounts receivable within one year | 40/41 | €37,111 | €29,057 | -€8,054 | -21.7% |
| Trade receivables | 40 | €37,111 | €25,560 | -€11,551 | -31.1% |
| Other amounts receivable | 41 | - | €3,497 | +€3,497 | |
| Cash at bank and in hand | 54/58 | €66,083 | €11,608 | -€54,475 | -82.4% |
| Deferred charges and accrued income | 490/1 | €2,097 | €1,470 | -€627 | -29.9% |
| Total equity and liabilities | 10/49 | €716,880 | €644,487 | -€72,393 | -10.1% |
| Equity | 10/15 | €158,295 | €215,779 | +€57,484 | +36.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €156,295 | €213,779 | +€57,484 | +36.8% |
| Distributable reserves | 133 | €156,295 | €213,779 | +€57,484 | +36.8% |
| Amounts payable | 17/49 | €558,585 | €428,708 | -€129,877 | -23.3% |
| Amounts payable after more than one year | 17 | €462,333 | €368,328 | -€94,005 | -20.3% |
| Financial debts | 170/4 | €462,333 | €368,328 | -€94,005 | -20.3% |
| Amounts payable within one year | 42/48 | €96,252 | €60,380 | -€35,872 | -37.3% |
| Current portion of amounts payable after more than one year | 42 | €46,000 | €46,000 | = | 0.0% |
| Trade debts | 44 | €3,184 | €486 | -€2,698 | -84.7% |
| Suppliers | 440/4 | €3,184 | €486 | -€2,698 | -84.7% |
| Taxes, remuneration and social security | 45 | €45,468 | €12,228 | -€33,240 | -73.1% |
| Taxes | 450/3 | €45,468 | €12,228 | -€33,240 | -73.1% |
| Other amounts payable | 47/48 | €1,600 | €1,666 | +€66 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,929 | €20,828 | +€1,899 | +10.0% |
| Other operating charges | 640/8 | €6,223 | €2,602 | -€3,621 | -58.2% |
| Gross operating margin | 9900 | €163,409 | €120,784 | -€42,625 | -26.1% |
| Operating profit (loss) | 9901 | €138,257 | €97,354 | -€40,903 | -29.6% |
| Financial income | 75/76B | - | €209 | +€209 | |
| Recurring financial income | 75 | - | €209 | +€209 | |
| Financial charges | 65/66B | €20,264 | €21,910 | +€1,646 | +8.1% |
| Recurring financial charges | 65 | €20,264 | €21,910 | +€1,646 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | €117,993 | €75,653 | -€42,340 | -35.9% |
| Income taxes | 67/77 | €26,065 | €16,503 | -€9,562 | -36.7% |
| Profit (loss) for the period | 9904 | €91,928 | €59,150 | -€32,778 | -35.7% |
| Profit (loss) for the period to be appropriated | 9905 | €91,928 | €59,150 | -€32,778 | -35.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.