NanoPyro: 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.
NanoPyro
Largest movements
- Intangible fixed assets +€206,342
up €206,342 (+411%), from €50,255 to €256,597
- Cash +€133,366
up €133,366 (+234%), from €56,989 to €190,356
mainly Net result for the year (+€162,957) and Trade debts (+€96,785)
- Receivables within one year -€66,190
down €66,190 (-45.4%), from €145,951 to €79,761
of which Other amounts receivable: -€144,500
- Tangible fixed assets +€12,166
up €12,166 (+506%), from €2,404 to €14,571
of which Plant, machinery and equipment: +€11,040
- Reserves +€162,957
up €162,957 (+106%), from €153,059 to €316,017
- Trade debts +€96,785
up €96,785 (+140%), from €69,192 to €165,977
- Tax, wage and social debts +€24,802
up €24,802 (+381%), from €6,509 to €31,311
of which Taxes: +€19,776
- Gross operating margin +€233,219
up €233,219 (+130%), from €180,070 to €413,288
- Staff costs +€172,184
up €172,184 (+755%), from €22,803 to €194,987
- Depreciation +€31,398
up €31,398 (+19,496%), from €161 to €31,559
- Taxes +€23,054
up €23,054 (+7,014%), from €329 to €23,383
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 | €259,761 | €544,305 | +€284,544 | +110% |
| Fixed assets | 21/28 | €52,659 | €271,168 | +€218,508 | +415% |
| Intangible fixed assets | 21 | €50,255 | €256,597 | +€206,342 | +411% |
| Tangible fixed assets | 22/27 | €2,404 | €14,571 | +€12,166 | +506% |
| Plant, machinery and equipment | 23 | - | €11,040 | +€11,040 | |
| Furniture and vehicles | 24 | €2,404 | €3,531 | +€1,126 | +46.9% |
| Current assets | 29/58 | €207,101 | €273,137 | +€66,036 | +31.9% |
| Amounts receivable within one year | 40/41 | €145,951 | €79,761 | -€66,190 | -45.4% |
| Trade receivables | 40 | €924 | €79,234 | +€78,310 | +8,475% |
| Other amounts receivable | 41 | €145,027 | €528 | -€144,500 | -99.6% |
| Cash at bank and in hand | 54/58 | €56,989 | €190,356 | +€133,366 | +234% |
| Deferred charges and accrued income | 490/1 | €4,161 | €3,020 | -€1,141 | -27.4% |
| Total equity and liabilities | 10/49 | €259,761 | €544,305 | +€284,544 | +110% |
| Equity | 10/15 | €180,059 | €343,017 | +€162,957 | +90.5% |
| Contributions | 10/11 | €27,000 | €27,000 | = | 0.0% |
| Reserves | 13 | €153,059 | €316,017 | +€162,957 | +106% |
| Distributable reserves | 133 | €153,059 | €316,017 | +€162,957 | +106% |
| Amounts payable | 17/49 | €79,702 | €201,288 | +€121,587 | +153% |
| Amounts payable within one year | 42/48 | €79,702 | €201,288 | +€121,587 | +153% |
| Trade debts | 44 | €69,192 | €165,977 | +€96,785 | +140% |
| Suppliers | 440/4 | €69,192 | €165,977 | +€96,785 | +140% |
| Taxes, remuneration and social security | 45 | €6,509 | €31,311 | +€24,802 | +381% |
| Taxes | 450/3 | €3,935 | €23,711 | +€19,776 | +503% |
| Remuneration and social security | 454/9 | €2,574 | €7,600 | +€5,026 | +195% |
| Other amounts payable | 47/48 | €4,000 | €4,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €22,803 | €194,987 | +€172,184 | +755% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €161 | €31,559 | +€31,398 | +19,496% |
| Other operating charges | 640/8 | €100 | €260 | +€160 | +160% |
| Gross operating margin | 9900 | €180,070 | €413,288 | +€233,219 | +130% |
| Operating profit (loss) | 9901 | €157,005 | €186,482 | +€29,476 | +18.8% |
| Financial income | 75/76B | €1 | €2 | +€1 | +48.3% |
| Recurring financial income | 75 | €1 | €2 | +€1 | +48.3% |
| Financial charges | 65/66B | €109 | €144 | +€35 | +31.8% |
| Recurring financial charges | 65 | €109 | €144 | +€35 | +31.8% |
| Profit (loss) for the period before taxes | 9903 | €156,898 | €186,340 | +€29,442 | +18.8% |
| Income taxes | 67/77 | €329 | €23,383 | +€23,054 | +7,014% |
| Profit (loss) for the period | 9904 | €156,569 | €162,957 | +€6,388 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €156,569 | €162,957 | +€6,388 | +4.1% |
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 13 October 2026 via checked.be.