NANOFIRM: 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.
NANOFIRM
Largest movements
- Tangible fixed assets -€122,080
down €122,080 (-6.4%), from €1.9m to €1.8m
of which Land and buildings: -€122,080
- Receivables after one year -€24,305
down €24,305 (-9.2%), from €262,973 to €238,668
- Debts after one year -€106,591
down €106,591 (-11.7%), from €910,665 to €804,074
- Revaluation surpluses -€50,832
down €50,832 (-4.4%), from €1.1m to €1.1m
- Reserves +€50,832
up €50,832 (+19.5%), from €261,261 to €312,093
of which Distributable reserves: +€50,832
- Other debts -€50,237
down €50,237 (-33.2%), from €151,310 to €101,073
- Tax, wage and social debts +€29,356
up €29,356, from €0 to €29,356
- Taxes +€29,153
up €29,153 (+2,982%), from €978 to €30,131
- Other operating charges -€7,683
down €7,683 (-34.3%), from €22,380 to €14,697
- Financial income +€5,753
up €5,753 (+40.5%), from €14,223 to €19,976
- Gross operating margin +€5,372
up €5,372 (+3.1%), from €170,690 to €176,063
- Financial charges +€2,392
up €2,392 (+8.0%), from €30,009 to €32,401
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 | €2,246,641 | €2,098,074 | -€148,567 | -6.6% |
| Formation expenses | 20 | €1,421 | €850 | -€570 | -40.2% |
| Fixed assets | 21/28 | €1,894,060 | €1,771,980 | -€122,080 | -6.4% |
| Tangible fixed assets | 22/27 | €1,894,060 | €1,771,980 | -€122,080 | -6.4% |
| Land and buildings | 22 | €1,894,060 | €1,771,980 | -€122,080 | -6.4% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €351,161 | €325,244 | -€25,917 | -7.4% |
| Amounts receivable after more than one year | 29 | €262,973 | €238,668 | -€24,305 | -9.2% |
| Other amounts receivable | 291 | €262,973 | €238,668 | -€24,305 | -9.2% |
| Amounts receivable within one year | 40/41 | €64,333 | €66,506 | +€2,173 | +3.4% |
| Trade receivables | 40 | €20,412 | €19,683 | -€730 | -3.6% |
| Other amounts receivable | 41 | €43,921 | €46,823 | +€2,902 | +6.6% |
| Cash at bank and in hand | 54/58 | €16,428 | €10,160 | -€6,268 | -38.2% |
| Deferred charges and accrued income | 490/1 | €7,427 | €9,910 | +€2,483 | +33.4% |
| Total equity and liabilities | 10/49 | €2,246,641 | €2,098,074 | -€148,567 | -6.6% |
| Equity | 10/15 | €1,039,263 | €1,035,423 | -€3,840 | -0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €1,147,480 | €1,096,648 | -€50,832 | -4.4% |
| Reserves | 13 | €261,261 | €312,093 | +€50,832 | +19.5% |
| Non-distributable reserves | 130/1 | €1,159 | €1,159 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,159 | €1,159 | = | 0.0% |
| Tax-exempt reserves | 132 | €68,831 | €68,831 | = | 0.0% |
| Distributable reserves | 133 | €191,271 | €242,103 | +€50,832 | +26.6% |
| Profit (loss) carried forward | 14 | -€388,077 | -€391,917 | -€3,840 | -1.0% |
| Amounts payable | 17/49 | €1,207,378 | €1,062,651 | -€144,727 | -12.0% |
| Amounts payable after more than one year | 17 | €910,665 | €804,074 | -€106,591 | -11.7% |
| Financial debts | 170/4 | €910,665 | €804,074 | -€106,591 | -11.7% |
| Amounts payable within one year | 42/48 | €296,713 | €258,577 | -€38,136 | -12.9% |
| Current portion of amounts payable after more than one year | 42 | €105,592 | €106,591 | +€1,000 | +0.9% |
| Trade debts | 44 | €39,812 | €21,557 | -€18,255 | -45.9% |
| Suppliers | 440/4 | €39,812 | €21,557 | -€18,255 | -45.9% |
| Taxes, remuneration and social security | 45 | €0 | €29,356 | +€29,356 | |
| Taxes | 450/3 | €0 | €29,356 | +€29,356 | |
| Other amounts payable | 47/48 | €151,310 | €101,073 | -€50,237 | -33.2% |
| Non-recurring operating income | 76A | €7,741 | €0 | -€7,741 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €123,648 | €122,650 | -€998 | -0.8% |
| Other operating charges | 640/8 | €22,380 | €14,697 | -€7,683 | -34.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €170,690 | €176,063 | +€5,372 | +3.1% |
| Operating profit (loss) | 9901 | €24,663 | €38,716 | +€14,053 | +57.0% |
| Financial income | 75/76B | €14,223 | €19,976 | +€5,753 | +40.5% |
| Recurring financial income | 75 | €14,223 | €19,976 | +€5,753 | +40.5% |
| Financial charges | 65/66B | €30,009 | €32,401 | +€2,392 | +8.0% |
| Recurring financial charges | 65 | €30,009 | €32,401 | +€2,392 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | €8,876 | €26,290 | +€17,414 | +196% |
| Income taxes | 67/77 | €978 | €30,131 | +€29,153 | +2,982% |
| Profit (loss) for the period | 9904 | €7,899 | -€3,840 | -€11,739 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,899 | -€3,840 | -€11,739 |
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 23 October 2026 via checked.be.