NANOKA: 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.
NANOKA
Largest movements
- Tangible fixed assets +€78,407
up €78,407 (+31.1%), from €251,834 to €330,241
of which Other tangible fixed assets: +€79,856
- Cash -€19,203
down €19,203 (-94.8%), from €20,258 to €1,055
mainly Investment in fixed assets (net) (-€85,410) and Contributions, distributions and other (-€35,000)
- Profit (loss) carried forward +€47,332
up €47,332 (+80.9%), from €58,484 to €105,816
- Debts after one year -€11,333
down €11,333 (-7.2%), from €157,722 to €146,389
- Other debts +€10,906
up €10,906 (+29.2%), from €37,294 to €48,200
- Tax, wage and social debts +€10,530
up €10,530 (+58.7%), from €17,948 to €28,478
- Gross operating margin +€60,416
up €60,416 (+126%), from €48,002 to €108,418
- Taxes +€6,741
up €6,741 (+119%), from €5,662 to €12,403
- Depreciation +€5,811
up €5,811 (+487%), from €1,192 to €7,003
- Financial charges +€3,959
up €3,959 (+210%), from €1,889 to €5,848
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 | €285,402 | €343,396 | +€57,994 | +20.3% |
| Fixed assets | 21/28 | €251,834 | €330,241 | +€78,407 | +31.1% |
| Tangible fixed assets | 22/27 | €251,834 | €330,241 | +€78,407 | +31.1% |
| Land and buildings | 22 | €249,564 | €245,019 | -€4,545 | -1.8% |
| Furniture and vehicles | 24 | €2,270 | €5,366 | +€3,096 | +136% |
| Other tangible fixed assets | 26 | - | €79,856 | +€79,856 | |
| Current assets | 29/58 | €33,568 | €13,155 | -€20,413 | -60.8% |
| Amounts receivable within one year | 40/41 | €13,310 | €12,100 | -€1,210 | -9.1% |
| Trade receivables | 40 | €13,310 | €12,100 | -€1,210 | -9.1% |
| Cash at bank and in hand | 54/58 | €20,258 | €1,055 | -€19,203 | -94.8% |
| Total equity and liabilities | 10/49 | €285,402 | €343,396 | +€57,994 | +20.3% |
| Equity | 10/15 | €60,484 | €107,816 | +€47,332 | +78.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | - | -€2,000 | |
| Issued capital | 100 | €2,000 | - | -€2,000 | |
| Profit (loss) carried forward | 14 | €58,484 | €105,816 | +€47,332 | +80.9% |
| Amounts payable | 17/49 | €224,918 | €235,580 | +€10,662 | +4.7% |
| Amounts payable after more than one year | 17 | €157,722 | €146,389 | -€11,333 | -7.2% |
| Financial debts | 170/4 | €157,722 | €146,389 | -€11,333 | -7.2% |
| Amounts payable within one year | 42/48 | €67,196 | €89,191 | +€21,995 | +32.7% |
| Current portion of amounts payable after more than one year | 42 | €11,333 | €11,333 | = | 0.0% |
| Trade debts | 44 | €620 | €1,180 | +€560 | +90.2% |
| Suppliers | 440/4 | €620 | €1,180 | +€560 | +90.2% |
| Taxes, remuneration and social security | 45 | €17,948 | €28,478 | +€10,530 | +58.7% |
| Taxes | 450/3 | €17,948 | €28,478 | +€10,530 | +58.7% |
| Other amounts payable | 47/48 | €37,294 | €48,200 | +€10,906 | +29.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,192 | €7,003 | +€5,811 | +487% |
| Other operating charges | 640/8 | €387 | €913 | +€526 | +136% |
| Gross operating margin | 9900 | €48,002 | €108,418 | +€60,416 | +126% |
| Operating profit (loss) | 9901 | €46,422 | €100,502 | +€54,079 | +116% |
| Financial income | 75/76B | €0 | €82 | +€81 | +45,178% |
| Recurring financial income | 75 | €0 | €82 | +€81 | +45,178% |
| Financial charges | 65/66B | €1,889 | €5,848 | +€3,959 | +210% |
| Recurring financial charges | 65 | €1,889 | €5,848 | +€3,959 | +210% |
| Profit (loss) for the period before taxes | 9903 | €44,533 | €94,735 | +€50,202 | +113% |
| Income taxes | 67/77 | €5,662 | €12,403 | +€6,741 | +119% |
| Profit (loss) for the period | 9904 | €38,872 | €82,332 | +€43,460 | +112% |
| Profit (loss) for the period to be appropriated | 9905 | €38,872 | €82,332 | +€43,460 | +112% |
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 29 October 2026 via checked.be.