NANOU: 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.
NANOU
Largest movements
- Receivables within one year +€74,024
up €74,024 (+234.6%), from €31,557 to €105,581
of which Trade receivables: +€74,024
- Tangible fixed assets -€15,234
down €15,234 (-58.2%), from €26,159 to €10,924
- Cash +€10,437
up €10,437 (+13.1%), from €79,807 to €90,244
mainly Net result for the year (+€50,793) and Tax, wage and social debts (+€34,559)
- Tax, wage and social debts +€34,559
up €34,559 (+179.0%), from €19,303 to €53,862
of which Taxes: +€27,535
- Other debts +€20,179
up €20,179 (+177.7%), from €11,356 to €31,535
- Profit (loss) carried forward +€15,079
up €15,079 (+10.8%), from €139,386 to €154,465
- Gross operating margin +€122,395
up €122,395 (+38.7%), from €316,480 to €438,875
- Taxes +€51,809
new in 2025: €51,809
- Staff costs +€42,148
up €42,148 (+16.0%), from €263,345 to €305,493
- Other operating charges +€6,148
up €6,148 (+156.9%), from €3,918 to €10,065
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.
Cash bridge derived
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 | €188,898 | €258,125 | +€69,227 | +36.6% |
| Fixed assets | 21/28 | €77,534 | €62,299 | -€15,234 | -19.6% |
| Tangible fixed assets | 22/27 | €26,159 | €10,924 | -€15,234 | -58.2% |
| Furniture and vehicles | 24 | €26,159 | €10,924 | -€15,234 | -58.2% |
| Financial fixed assets | 28 | €51,375 | €51,375 | = | 0.0% |
| Current assets | 29/58 | €111,364 | €195,826 | +€84,462 | +75.8% |
| Amounts receivable within one year | 40/41 | €31,557 | €105,581 | +€74,024 | +234.6% |
| Trade receivables | 40 | €16,557 | €90,581 | +€74,024 | +447.1% |
| Other amounts receivable | 41 | €15,000 | €15,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €79,807 | €90,244 | +€10,437 | +13.1% |
| Total equity and liabilities | 10/49 | €188,898 | €258,125 | +€69,227 | +36.6% |
| Equity | 10/15 | €139,386 | €154,465 | +€15,079 | +10.8% |
| Profit (loss) carried forward | 14 | €139,386 | €154,465 | +€15,079 | +10.8% |
| Amounts payable | 17/49 | €49,512 | €103,661 | +€54,148 | +109.4% |
| Amounts payable within one year | 42/48 | €49,512 | €103,661 | +€54,148 | +109.4% |
| Trade debts | 44 | €18,854 | €18,264 | -€590 | -3.1% |
| Suppliers | 440/4 | €18,854 | €18,264 | -€590 | -3.1% |
| Taxes, remuneration and social security | 45 | €19,303 | €53,862 | +€34,559 | +179.0% |
| Taxes | 450/3 | €13,162 | €40,697 | +€27,535 | +209.2% |
| Remuneration and social security | 454/9 | €6,141 | €13,165 | +€7,024 | +114.4% |
| Other amounts payable | 47/48 | €11,356 | €31,535 | +€20,179 | +177.7% |
| Remuneration, social security and pensions | 62 | €263,345 | €305,493 | +€42,148 | +16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,529 | €20,439 | +€910 | +4.7% |
| Other operating charges | 640/8 | €3,918 | €10,065 | +€6,148 | +156.9% |
| Gross operating margin | 9900 | €316,480 | €438,875 | +€122,395 | +38.7% |
| Operating profit (loss) | 9901 | €29,689 | €102,878 | +€73,189 | +246.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €184 | €275 | +€91 | +49.5% |
| Recurring financial charges | 65 | €184 | €275 | +€91 | +49.5% |
| Profit (loss) for the period before taxes | 9903 | €29,505 | €102,603 | +€73,098 | +247.7% |
| Income taxes | 67/77 | - | €51,809 | +€51,809 | |
| Profit (loss) for the period | 9904 | €29,505 | €50,793 | +€21,288 | +72.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,505 | €50,793 | +€21,288 | +72.2% |
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 10 October 2026 via checked.be.