NANOWELD: 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.
NANOWELD
Largest movements
- Stocks and contracts -€348,896
down €348,896 (-48.1%), from €725,218 to €376,322
- Cash +€229,201
up €229,201 (+68.7%), from €333,539 to €562,739
mainly Stocks and contracts (+€348,896) and Depreciation (+€50,137)
- Tangible fixed assets -€49,080
down €49,080 (-24.1%), from €203,605 to €154,525
of which Furniture and vehicles: -€30,092
- Receivables within one year +€43,295
up €43,295 (+29.7%), from €145,982 to €189,277
of which Trade receivables: +€43,705
- Trade debts -€65,005
down €65,005 (-13.4%), from €486,317 to €421,312
- Tax, wage and social debts -€64,473
down €64,473 (-45.5%), from €141,689 to €77,216
of which Taxes: -€83,972
- Gross operating margin +€70,934
up €70,934 (+32.3%), from €219,831 to €290,765
- Taxes +€14,639
up €14,639, from -€4,141 to €10,498
- Write-downs -€4,272
down €4,272 (-57.0%), from €7,496 to €3,223
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,700,145 | €1,574,728 | -€125,417 | -7.4% |
| Fixed assets | 21/28 | €206,011 | €156,931 | -€49,080 | -23.8% |
| Tangible fixed assets | 22/27 | €203,605 | €154,525 | -€49,080 | -24.1% |
| Plant, machinery and equipment | 23 | €74,973 | €55,984 | -€18,988 | -25.3% |
| Furniture and vehicles | 24 | €118,633 | €88,541 | -€30,092 | -25.4% |
| Other tangible fixed assets | 26 | €10,000 | €10,000 | = | 0.0% |
| Financial fixed assets | 28 | €2,406 | €2,406 | = | 0.0% |
| Current assets | 29/58 | €1,494,134 | €1,417,797 | -€76,337 | -5.1% |
| Stocks and contracts in progress | 3 | €725,218 | €376,322 | -€348,896 | -48.1% |
| Stocks | 30/36 | €725,218 | €376,322 | -€348,896 | -48.1% |
| Amounts receivable within one year | 40/41 | €145,982 | €189,277 | +€43,295 | +29.7% |
| Trade receivables | 40 | €92,212 | €135,917 | +€43,705 | +47.4% |
| Other amounts receivable | 41 | €53,770 | €53,360 | -€410 | -0.8% |
| Current investments | 50/53 | €288,500 | €288,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €333,539 | €562,739 | +€229,201 | +68.7% |
| Deferred charges and accrued income | 490/1 | €895 | €959 | +€64 | +7.1% |
| Total equity and liabilities | 10/49 | €1,700,145 | €1,574,728 | -€125,417 | -7.4% |
| Equity | 10/15 | €540,562 | €553,730 | +€13,168 | +2.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €520,102 | €533,270 | +€13,168 | +2.5% |
| Amounts payable | 17/49 | €1,159,584 | €1,020,998 | -€138,585 | -12.0% |
| Amounts payable after more than one year | 17 | €458,420 | €442,423 | -€15,998 | -3.5% |
| Financial debts | 170/4 | €458,420 | €442,423 | -€15,998 | -3.5% |
| Amounts payable within one year | 42/48 | €701,163 | €578,576 | -€122,588 | -17.5% |
| Current portion of amounts payable after more than one year | 42 | €15,640 | €15,998 | +€358 | +2.3% |
| Trade debts | 44 | €486,317 | €421,312 | -€65,005 | -13.4% |
| Suppliers | 440/4 | €486,317 | €421,312 | -€65,005 | -13.4% |
| Taxes, remuneration and social security | 45 | €141,689 | €77,216 | -€64,473 | -45.5% |
| Taxes | 450/3 | €108,566 | €24,594 | -€83,972 | -77.3% |
| Remuneration and social security | 454/9 | €33,123 | €52,622 | +€19,498 | +58.9% |
| Other amounts payable | 47/48 | €57,517 | €64,051 | +€6,533 | +11.4% |
| Remuneration, social security and pensions | 62 | €209,800 | €210,959 | +€1,159 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,660 | €50,137 | +€2,477 | +5.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,496 | €3,223 | -€4,272 | -57.0% |
| Other operating charges | 640/8 | €1,149 | €1,493 | +€344 | +30.0% |
| Gross operating margin | 9900 | €219,831 | €290,765 | +€70,934 | +32.3% |
| Operating profit (loss) | 9901 | -€46,274 | €24,952 | +€71,227 | |
| Financial income | 75/76B | €4,830 | €2,949 | -€1,881 | -38.9% |
| Recurring financial income | 75 | €4,830 | €2,949 | -€1,881 | -38.9% |
| Financial charges | 65/66B | €5,922 | €4,236 | -€1,686 | -28.5% |
| Recurring financial charges | 65 | €5,922 | €4,236 | -€1,686 | -28.5% |
| Profit (loss) for the period before taxes | 9903 | -€47,366 | €23,666 | +€71,032 | |
| Income taxes | 67/77 | -€4,141 | €10,498 | +€14,639 | |
| Profit (loss) for the period | 9904 | -€43,225 | €13,168 | +€56,393 | |
| Profit (loss) for the period to be appropriated | 9905 | -€43,225 | €13,168 | +€56,393 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.