NANENI181021: 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.
NANENI181021
Largest movements
- Cash -€6,170
down €6,170 (-29.0%), from €21,265 to €15,095
mainly Tax, wage and social debts (-€18,634) and Net result for the year (-€7,236)
- Receivables within one year +€4,863
up €4,863 (+383%), from €1,268 to €6,131
of which Other amounts receivable: +€3,400
- Stocks and contracts -€2,840
down €2,840 (-15.9%), from €17,851 to €15,011
- Tangible fixed assets -€1,988
down €1,988 (-36.1%), from €5,509 to €3,521
of which Plant, machinery and equipment: -€1,814
- Tax, wage and social debts -€18,634
down €18,634 (-36.5%), from €51,117 to €32,483
of which Taxes: -€15,440
- Debts after one year +€12,490
up €12,490 (+57.5%), from €21,738 to €34,228
- Profit (loss) carried forward -€7,236
down €7,236 (-15.2%), from -€47,565 to -€54,801
- Short-term financial debts +€3,450
new in 2025: €3,450
- Other debts +€2,447
up €2,447 (+804%), from €304 to €2,751
- Turnover -€20,907
down €20,907 (-20.9%), from €100,244 to €79,337
- Staff costs +€9,895
up €9,895 (+22.0%), from €44,976 to €54,870
- Financial charges -€9,079
down €9,079 (-75.9%), from €11,962 to €2,884
- Gross operating margin -€7,122
down €7,122 (-12.1%), from €58,921 to €51,800
- Financial income -€1,689
down €1,689 (-58.6%), from €2,881 to €1,193
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 | €45,981 | €39,847 | -€6,134 | -13.3% |
| Fixed assets | 21/28 | €5,596 | €3,609 | -€1,988 | -35.5% |
| Tangible fixed assets | 22/27 | €5,509 | €3,521 | -€1,988 | -36.1% |
| Plant, machinery and equipment | 23 | €4,682 | €2,868 | -€1,814 | -38.7% |
| Furniture and vehicles | 24 | €827 | €653 | -€174 | -21.0% |
| Financial fixed assets | 28 | €88 | €88 | = | 0.0% |
| Current assets | 29/58 | €40,385 | €36,238 | -€4,147 | -10.3% |
| Stocks and contracts in progress | 3 | €17,851 | €15,011 | -€2,840 | -15.9% |
| Stocks | 30/36 | €17,851 | €15,011 | -€2,840 | -15.9% |
| Amounts receivable within one year | 40/41 | €1,268 | €6,131 | +€4,863 | +383% |
| Trade receivables | 40 | €1,268 | €2,731 | +€1,463 | +115% |
| Other amounts receivable | 41 | - | €3,400 | +€3,400 | |
| Cash at bank and in hand | 54/58 | €21,265 | €15,095 | -€6,170 | -29.0% |
| Total equity and liabilities | 10/49 | €45,981 | €39,847 | -€6,134 | -13.3% |
| Equity | 10/15 | -€39,565 | -€46,801 | -€7,236 | -18.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,800 | €1,800 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,800 | €1,800 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,800 | €1,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,565 | -€54,801 | -€7,236 | -15.2% |
| Amounts payable | 17/49 | €85,546 | €86,648 | +€1,102 | +1.3% |
| Amounts payable after more than one year | 17 | €21,738 | €34,228 | +€12,490 | +57.5% |
| Financial debts | 170/4 | €21,738 | €34,228 | +€12,490 | +57.5% |
| Amounts payable within one year | 42/48 | €63,808 | €52,420 | -€11,388 | -17.8% |
| Current portion of amounts payable after more than one year | 42 | €3,905 | €4,634 | +€729 | +18.7% |
| Financial debts | 43 | - | €3,450 | +€3,450 | |
| Credit institutions | 430/8 | - | €3,450 | +€3,450 | |
| Trade debts | 44 | €8,482 | €9,102 | +€620 | +7.3% |
| Suppliers | 440/4 | €8,482 | €9,102 | +€620 | +7.3% |
| Taxes, remuneration and social security | 45 | €51,117 | €32,483 | -€18,634 | -36.5% |
| Taxes | 450/3 | €42,113 | €26,673 | -€15,440 | -36.7% |
| Remuneration and social security | 454/9 | €9,004 | €5,810 | -€3,194 | -35.5% |
| Other amounts payable | 47/48 | €304 | €2,751 | +€2,447 | +804% |
| Turnover | 70 | €100,244 | €79,337 | -€20,907 | -20.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €43,123 | €41,929 | -€1,194 | -2.8% |
| Remuneration, social security and pensions | 62 | €44,976 | €54,870 | +€9,895 | +22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,177 | €1,988 | -€190 | -8.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €146 | - | -€146 | |
| Other operating charges | 640/8 | €855 | €475 | -€380 | -44.4% |
| Gross operating margin | 9900 | €58,921 | €51,800 | -€7,122 | -12.1% |
| Operating profit (loss) | 9901 | €10,768 | -€5,533 | -€16,301 | |
| Financial income | 75/76B | €2,881 | €1,193 | -€1,689 | -58.6% |
| Recurring financial income | 75 | €2,881 | €1,193 | -€1,689 | -58.6% |
| Financial charges | 65/66B | €11,962 | €2,884 | -€9,079 | -75.9% |
| Recurring financial charges | 65 | €11,962 | €2,884 | -€9,079 | -75.9% |
| Profit (loss) for the period before taxes | 9903 | €1,687 | -€7,224 | -€8,911 | |
| Income taxes | 67/77 | €846 | €12 | -€834 | -98.6% |
| Profit (loss) for the period | 9904 | €840 | -€7,236 | -€8,077 | |
| Profit (loss) for the period to be appropriated | 9905 | €840 | -€7,236 | -€8,077 |
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 30 October 2026 via checked.be.