Nanoubino: 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.
Nanoubino
Largest movements
- Tangible fixed assets +€149,739
up €149,739 (+677%), from €22,106 to €171,845
of which Other tangible fixed assets: +€97,204
- Cash -€68,786
down €68,786 (-59.9%), from €114,879 to €46,093
mainly Investment in fixed assets (net) (-€172,100) and Receivables within one year (-€42,671)
- Receivables within one year +€42,671
up €42,671 (+105%), from €40,807 to €83,479
of which Other amounts receivable: +€26,705
- Deferred charges and accrued income +€9,032
up €9,032 (+3,816%), from €237 to €9,269
- Stocks and contracts +€7,653
up €7,653 (+195%), from €3,921 to €11,575
- Debts after one year +€59,837
up €59,837 (+156%), from €38,474 to €98,311
- Trade debts +€56,749
up €56,749 (+142%), from €40,065 to €96,814
- Current portion of long-term debt +€19,499
up €19,499 (+169%), from €11,529 to €31,028
- Tax, wage and social debts +€6,590
up €6,590 (+25.1%), from €26,260 to €32,849
of which Remuneration and social security: +€6,757
- Profit (loss) carried forward -€4,800
down €4,800 (-10.6%), from €45,124 to €40,324
- Staff costs +€28,670
up €28,670 (+26.0%), from €110,391 to €139,061
- Gross operating margin -€10,520
down €10,520 (-5.6%), from €188,689 to €178,169
- Taxes -€9,519
down €9,519 (-81.0%), from €11,758 to €2,239
- Depreciation +€7,846
up €7,846 (+54.1%), from €14,515 to €22,361
- Financial charges +€5,177
up €5,177 (+83.9%), from €6,172 to €11,349
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 | €181,950 | €322,260 | +€140,310 | +77.1% |
| Fixed assets | 21/28 | €22,106 | €171,845 | +€149,739 | +677% |
| Tangible fixed assets | 22/27 | €22,106 | €171,845 | +€149,739 | +677% |
| Plant, machinery and equipment | 23 | €12,542 | €69,390 | +€56,848 | +453% |
| Leasing and similar rights | 25 | €7,322 | €3,009 | -€4,313 | -58.9% |
| Other tangible fixed assets | 26 | €2,242 | €99,446 | +€97,204 | +4,335% |
| Current assets | 29/58 | €159,844 | €150,415 | -€9,429 | -5.9% |
| Stocks and contracts in progress | 3 | €3,921 | €11,575 | +€7,653 | +195% |
| Stocks | 30/36 | €3,921 | €11,575 | +€7,653 | +195% |
| Amounts receivable within one year | 40/41 | €40,807 | €83,479 | +€42,671 | +105% |
| Trade receivables | 40 | €19,150 | €35,116 | +€15,966 | +83.4% |
| Other amounts receivable | 41 | €21,658 | €48,363 | +€26,705 | +123% |
| Cash at bank and in hand | 54/58 | €114,879 | €46,093 | -€68,786 | -59.9% |
| Deferred charges and accrued income | 490/1 | €237 | €9,269 | +€9,032 | +3,816% |
| Total equity and liabilities | 10/49 | €181,950 | €322,260 | +€140,310 | +77.1% |
| Equity | 10/15 | €56,249 | €51,449 | -€4,800 | -8.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €7,125 | €7,125 | = | 0.0% |
| Distributable reserves | 133 | €7,125 | €7,125 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,124 | €40,324 | -€4,800 | -10.6% |
| Amounts payable | 17/49 | €125,701 | €270,811 | +€145,110 | +115% |
| Amounts payable after more than one year | 17 | €38,474 | €98,311 | +€59,837 | +156% |
| Financial debts | 170/4 | €38,474 | €98,311 | +€59,837 | +156% |
| Amounts payable within one year | 42/48 | €87,227 | €172,200 | +€84,973 | +97.4% |
| Current portion of amounts payable after more than one year | 42 | €11,529 | €31,028 | +€19,499 | +169% |
| Trade debts | 44 | €40,065 | €96,814 | +€56,749 | +142% |
| Suppliers | 440/4 | €40,065 | €96,814 | +€56,749 | +142% |
| Advances received on contracts in progress | 46 | €8,865 | €11,000 | +€2,135 | +24.1% |
| Taxes, remuneration and social security | 45 | €26,260 | €32,849 | +€6,590 | +25.1% |
| Taxes | 450/3 | €19,823 | €19,656 | -€167 | -0.8% |
| Remuneration and social security | 454/9 | €6,437 | €13,193 | +€6,757 | +105% |
| Other amounts payable | 47/48 | €508 | €508 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €300 | +€300 | |
| Remuneration, social security and pensions | 62 | €110,391 | €139,061 | +€28,670 | +26.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,515 | €22,361 | +€7,846 | +54.1% |
| Other operating charges | 640/8 | €5,508 | €9,397 | +€3,888 | +70.6% |
| Gross operating margin | 9900 | €188,689 | €178,169 | -€10,520 | -5.6% |
| Operating profit (loss) | 9901 | €58,275 | €7,351 | -€50,924 | -87.4% |
| Financial income | 75/76B | €775 | €1,437 | +€662 | +85.4% |
| Recurring financial income | 75 | €775 | €1,437 | +€662 | +85.4% |
| Financial charges | 65/66B | €6,172 | €11,349 | +€5,177 | +83.9% |
| Recurring financial charges | 65 | €6,172 | €11,349 | +€5,177 | +83.9% |
| Profit (loss) for the period before taxes | 9903 | €52,878 | -€2,561 | -€55,439 | |
| Income taxes | 67/77 | €11,758 | €2,239 | -€9,519 | -81.0% |
| Profit (loss) for the period | 9904 | €41,120 | -€4,800 | -€45,919 | |
| Profit (loss) for the period to be appropriated | 9905 | €41,120 | -€4,800 | -€45,919 |
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 19 October 2026 via checked.be.