NANOUK-ICE: 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.
NANOUK-ICE
Largest movements
- Receivables within one year +€10,315
up €10,315 (+306%), from €3,370 to €13,684
of which Trade receivables: +€10,452
- Cash +€2,703
up €2,703 (+14.8%), from €18,250 to €20,953
mainly Trade debts (+€11,813) and Depreciation (+€8,035)
- Stocks and contracts +€2,149
up €2,149 (+36.6%), from €5,873 to €8,023
- Tangible fixed assets +€2,034
up €2,034 (+10.4%), from €19,607 to €21,641
of which Furniture and vehicles: +€4,027
- Trade debts +€11,813
up €11,813 (+2,816%), from €419 to €12,232
- Profit (loss) carried forward +€3,108
up €3,108 (+10.7%), from -€28,921 to -€25,813
- Other debts +€1,875
up €1,875 (+3.0%), from €62,326 to €64,201
- Gross operating margin +€5,698
up €5,698 (+31.6%), from €18,050 to €23,748
- Staff costs +€2,385
up €2,385 (+23.9%), from €9,961 to €12,346
- Depreciation +€1,974
up €1,974 (+32.6%), from €6,061 to €8,035
- Other operating charges +€242
new in 2025: €242
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 | €47,100 | €64,300 | +€17,200 | +36.5% |
| Fixed assets | 21/28 | €19,607 | €21,641 | +€2,034 | +10.4% |
| Tangible fixed assets | 22/27 | €19,607 | €21,641 | +€2,034 | +10.4% |
| Furniture and vehicles | 24 | €8,427 | €12,455 | +€4,027 | +47.8% |
| Other tangible fixed assets | 26 | €11,180 | €9,186 | -€1,994 | -17.8% |
| Current assets | 29/58 | €27,493 | €42,660 | +€15,167 | +55.2% |
| Stocks and contracts in progress | 3 | €5,873 | €8,023 | +€2,149 | +36.6% |
| Stocks | 30/36 | €5,873 | €8,023 | +€2,149 | +36.6% |
| Amounts receivable within one year | 40/41 | €3,370 | €13,684 | +€10,315 | +306% |
| Trade receivables | 40 | €2,485 | €12,938 | +€10,452 | +421% |
| Other amounts receivable | 41 | €884 | €747 | -€137 | -15.5% |
| Cash at bank and in hand | 54/58 | €18,250 | €20,953 | +€2,703 | +14.8% |
| Total equity and liabilities | 10/49 | €47,100 | €64,300 | +€17,200 | +36.5% |
| Equity | 10/15 | -€16,521 | -€13,413 | +€3,108 | +18.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,921 | -€25,813 | +€3,108 | +10.7% |
| Amounts payable | 17/49 | €63,621 | €77,713 | +€14,093 | +22.2% |
| Amounts payable within one year | 42/48 | €63,621 | €77,696 | +€14,075 | +22.1% |
| Trade debts | 44 | €419 | €12,232 | +€11,813 | +2,816% |
| Suppliers | 440/4 | €419 | €12,232 | +€11,813 | +2,816% |
| Taxes, remuneration and social security | 45 | €875 | €1,262 | +€387 | +44.3% |
| Taxes | 450/3 | €58 | - | -€58 | |
| Remuneration and social security | 454/9 | €817 | €1,262 | +€446 | +54.6% |
| Other amounts payable | 47/48 | €62,326 | €64,201 | +€1,875 | +3.0% |
| Accrued charges and deferred income | 492/3 | - | €17 | +€17 | |
| Remuneration, social security and pensions | 62 | €9,961 | €12,346 | +€2,385 | +23.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,061 | €8,035 | +€1,974 | +32.6% |
| Other operating charges | 640/8 | - | €242 | +€242 | |
| Gross operating margin | 9900 | €18,050 | €23,748 | +€5,698 | +31.6% |
| Operating profit (loss) | 9901 | €2,028 | €3,124 | +€1,096 | +54.0% |
| Financial income | 75/76B | - | €13 | +€13 | |
| Recurring financial income | 75 | - | €13 | +€13 | |
| Financial charges | 65/66B | €65 | €30 | -€36 | -54.7% |
| Recurring financial charges | 65 | €65 | €30 | -€36 | -54.7% |
| Profit (loss) for the period before taxes | 9903 | €1,963 | €3,108 | +€1,145 | +58.3% |
| Profit (loss) for the period | 9904 | €1,963 | €3,108 | +€1,145 | +58.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,963 | €3,108 | +€1,145 | +58.3% |
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 18 October 2026 via checked.be.