NANO: 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.
NANO
Largest movements
- Tangible fixed assets +€62,575
up €62,575 (+476.8%), from €13,124 to €75,699
of which Leasing and similar rights: +€59,971
- Receivables within one year +€52,683
up €52,683 (+139.5%), from €37,768 to €90,451
of which Trade receivables: +€57,652
- Cash -€8,500
down €8,500 (-25.1%), from €33,829 to €25,329
mainly Investment in fixed assets (net) (-€80,237) and Receivables within one year (-€52,683)
- Stocks and contracts +€4,979
up €4,979 (+46.2%), from €10,766 to €15,744
- Trade debts +€40,893
up €40,893 (+138.9%), from €29,444 to €70,337
- Debts after one year +€37,144
new in 2024: €37,144
- Profit (loss) carried forward +€27,157
up €27,157 (+195.0%), from €13,928 to €41,085
- Current portion of long-term debt +€14,315
new in 2024: €14,315
- Advances received -€5,140
no longer reported in 2024 (was €5,140)
- Gross operating margin +€50,706
up €50,706 (+28.2%), from €179,773 to €230,480
- Depreciation +€14,674
up €14,674 (+450.8%), from €3,255 to €17,929
- Staff costs +€14,164
up €14,164 (+9.8%), from €145,034 to €159,198
- Financial charges +€6,565
up €6,565 (+306.2%), from €2,144 to €8,709
- Taxes +€3,406
up €3,406 (+47.0%), from €7,240 to €10,646
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €98,594 | €210,112 | +€111,518 | +113.1% |
| Fixed assets | 21/28 | €13,844 | €76,152 | +€62,308 | +450.1% |
| Intangible fixed assets | 21 | €296 | €30 | -€266 | -89.9% |
| Tangible fixed assets | 22/27 | €13,124 | €75,699 | +€62,575 | +476.8% |
| Furniture and vehicles | 24 | €10,276 | €13,217 | +€2,941 | +28.6% |
| Leasing and similar rights | 25 | - | €59,971 | +€59,971 | |
| Other tangible fixed assets | 26 | €2,848 | €2,511 | -€337 | -11.8% |
| Financial fixed assets | 28 | €423 | €423 | = | 0.0% |
| Current assets | 29/58 | €84,750 | €133,960 | +€49,210 | +58.1% |
| Stocks and contracts in progress | 3 | €10,766 | €15,744 | +€4,979 | +46.2% |
| Stocks | 30/36 | €10,766 | €15,744 | +€4,979 | +46.2% |
| Amounts receivable within one year | 40/41 | €37,768 | €90,451 | +€52,683 | +139.5% |
| Trade receivables | 40 | €3,718 | €61,371 | +€57,652 | +1550.5% |
| Other amounts receivable | 41 | €34,050 | €29,081 | -€4,969 | -14.6% |
| Cash at bank and in hand | 54/58 | €33,829 | €25,329 | -€8,500 | -25.1% |
| Deferred charges and accrued income | 490/1 | €2,387 | €2,435 | +€48 | +2.0% |
| Total equity and liabilities | 10/49 | €98,594 | €210,112 | +€111,518 | +113.1% |
| Equity | 10/15 | €33,928 | €61,085 | +€27,157 | +80.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,928 | €41,085 | +€27,157 | +195.0% |
| Amounts payable | 17/49 | €64,666 | €149,028 | +€84,361 | +130.5% |
| Amounts payable after more than one year | 17 | - | €37,144 | +€37,144 | |
| Financial debts | 170/4 | - | €37,144 | +€37,144 | |
| Amounts payable within one year | 42/48 | €64,666 | €111,884 | +€47,218 | +73.0% |
| Current portion of amounts payable after more than one year | 42 | - | €14,315 | +€14,315 | |
| Trade debts | 44 | €29,444 | €70,337 | +€40,893 | +138.9% |
| Suppliers | 440/4 | €29,444 | €70,337 | +€40,893 | +138.9% |
| Advances received on contracts in progress | 46 | €5,140 | - | -€5,140 | |
| Taxes, remuneration and social security | 45 | €30,031 | €27,232 | -€2,798 | -9.3% |
| Taxes | 450/3 | €14,583 | €13,667 | -€916 | -6.3% |
| Remuneration and social security | 454/9 | €15,447 | €13,565 | -€1,882 | -12.2% |
| Other amounts payable | 47/48 | €53 | - | -€53 | |
| Non-recurring operating income | 76A | €5,255 | €6,479 | +€1,224 | +23.3% |
| Remuneration, social security and pensions | 62 | €145,034 | €159,198 | +€14,164 | +9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,255 | €17,929 | +€14,674 | +450.8% |
| Other operating charges | 640/8 | €1,769 | €3,142 | +€1,373 | +77.6% |
| Non-recurring operating charges | 66A | €6,986 | €4,256 | -€2,730 | -39.1% |
| Gross operating margin | 9900 | €179,773 | €230,480 | +€50,706 | +28.2% |
| Operating profit (loss) | 9901 | €22,729 | €45,954 | +€23,226 | +102.2% |
| Financial income | 75/76B | €33 | €559 | +€525 | +1571.8% |
| Recurring financial income | 75 | €33 | €559 | +€525 | +1571.8% |
| Financial charges | 65/66B | €2,144 | €8,709 | +€6,565 | +306.2% |
| Recurring financial charges | 65 | €2,144 | €8,709 | +€6,565 | +306.2% |
| Profit (loss) for the period before taxes | 9903 | €20,618 | €37,803 | +€17,186 | +83.4% |
| Income taxes | 67/77 | €7,240 | €10,646 | +€3,406 | +47.0% |
| Profit (loss) for the period | 9904 | €13,378 | €27,157 | +€13,779 | +103.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,378 | €27,157 | +€13,779 | +103.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.