NANOZA: 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.
NANOZA
Largest movements
- Cash -€84,525
down €84,525 (-53.7%), from €157,440 to €72,915
mainly Contributions, distributions and other (-€178,500) and Debts after one year (-€36,677)
- Contributions -€92,544
down €92,544 (-4.1%), from €2.2m to €2.1m
- Debts after one year -€36,677
down €36,677 (-10.8%), from €339,531 to €302,854
- Financial income +€80,191
up €80,191 (+15183.6%), from €528 to €80,719
- Depreciation +€7,853
up €7,853 (+37.8%), from €20,760 to €28,613
- Taxes +€2,937
up €2,937 (+24.3%), from €12,077 to €15,014
- Gross operating margin -€1,519
down €1,519 (-2.4%), from €64,289 to €62,771
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 | €3,359,659 | €3,243,005 | -€116,654 | -3.5% |
| Fixed assets | 21/28 | €2,914,207 | €2,903,277 | -€10,930 | -0.4% |
| Tangible fixed assets | 22/27 | €599,035 | €588,105 | -€10,930 | -1.8% |
| Land and buildings | 22 | €586,274 | €571,722 | -€14,553 | -2.5% |
| Plant, machinery and equipment | 23 | €12,761 | €11,648 | -€1,113 | -8.7% |
| Furniture and vehicles | 24 | - | €4,735 | +€4,735 | |
| Financial fixed assets | 28 | €2,315,172 | €2,315,172 | = | 0.0% |
| Current assets | 29/58 | €445,452 | €339,727 | -€105,724 | -23.7% |
| Stocks and contracts in progress | 3 | €55,000 | €55,000 | = | 0.0% |
| Stocks | 30/36 | €55,000 | €55,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €49,919 | €31,564 | -€18,355 | -36.8% |
| Trade receivables | 40 | €16,743 | €3,039 | -€13,704 | -81.8% |
| Other amounts receivable | 41 | €33,177 | €28,526 | -€4,651 | -14.0% |
| Current investments | 50/53 | €176,067 | €176,067 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €157,440 | €72,915 | -€84,525 | -53.7% |
| Deferred charges and accrued income | 490/1 | €7,026 | €4,181 | -€2,845 | -40.5% |
| Total equity and liabilities | 10/49 | €3,359,659 | €3,243,005 | -€116,654 | -3.5% |
| Equity | 10/15 | €2,975,121 | €2,880,297 | -€94,824 | -3.2% |
| Contributions | 10/11 | €2,238,333 | €2,145,789 | -€92,544 | -4.1% |
| Reserves | 13 | €619,944 | €616,488 | -€3,456 | -0.6% |
| Distributable reserves | 133 | €619,944 | €616,488 | -€3,456 | -0.6% |
| Profit (loss) carried forward | 14 | €116,843 | €118,019 | +€1,176 | +1.0% |
| Amounts payable | 17/49 | €384,538 | €362,708 | -€21,830 | -5.7% |
| Amounts payable after more than one year | 17 | €339,531 | €302,854 | -€36,677 | -10.8% |
| Financial debts | 170/4 | €339,531 | €302,854 | -€36,677 | -10.8% |
| Amounts payable within one year | 42/48 | €45,008 | €59,854 | +€14,847 | +33.0% |
| Current portion of amounts payable after more than one year | 42 | €36,677 | €36,677 | = | 0.0% |
| Trade debts | 44 | €5,211 | €8,342 | +€3,131 | +60.1% |
| Suppliers | 440/4 | €5,211 | €8,342 | +€3,131 | +60.1% |
| Taxes, remuneration and social security | 45 | €2,789 | €14,727 | +€11,939 | +428.1% |
| Taxes | 450/3 | €2,789 | €14,727 | +€11,939 | +428.1% |
| Other amounts payable | 47/48 | €331 | €108 | -€223 | -67.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,760 | €28,613 | +€7,853 | +37.8% |
| Other operating charges | 640/8 | €3,311 | €3,454 | +€142 | +4.3% |
| Gross operating margin | 9900 | €64,289 | €62,771 | -€1,519 | -2.4% |
| Operating profit (loss) | 9901 | €40,218 | €30,704 | -€9,514 | -23.7% |
| Financial income | 75/76B | €528 | €80,719 | +€80,191 | +15183.6% |
| Recurring financial income | 75 | €528 | €80,719 | +€80,191 | +15183.6% |
| Financial charges | 65/66B | €12,208 | €12,733 | +€525 | +4.3% |
| Recurring financial charges | 65 | €12,208 | €12,733 | +€525 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | €28,538 | €98,690 | +€70,152 | +245.8% |
| Income taxes | 67/77 | €12,077 | €15,014 | +€2,937 | +24.3% |
| Profit (loss) for the period | 9904 | €16,461 | €83,676 | +€67,215 | +408.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,461 | €83,676 | +€67,215 | +408.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.