NANSO CONSULT: 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.
NANSO CONSULT
Largest movements
- Current investments +€125,000
up €125,000 (+35.7%), from €350,000 to €475,000
- Cash +€15,027
up €15,027 (+11.1%), from €135,710 to €150,737
mainly Net result for the year (+€138,741) and Tax, wage and social debts (+€12,987)
- Reserves +€138,741
up €138,741 (+31.1%), from €445,492 to €584,233
- Tax, wage and social debts +€12,987
up €12,987 (+54.8%), from €23,681 to €36,669
- Other debts -€11,803
down €11,803 (-26.6%), from €44,336 to €32,533
- Gross operating margin +€22,251
up €22,251 (+12.6%), from €175,953 to €198,204
- Taxes +€5,834
up €5,834 (+10.8%), from €53,948 to €59,782
- Financial income -€4,857
down €4,857 (-44.7%), from €10,876 to €6,019
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 | €518,509 | €658,572 | +€140,062 | +27.0% |
| Fixed assets | 21/28 | €5,899 | €3,218 | -€2,681 | -45.5% |
| Tangible fixed assets | 22/27 | €5,899 | €3,218 | -€2,681 | -45.5% |
| Plant, machinery and equipment | 23 | €148 | €90 | -€58 | -39.0% |
| Furniture and vehicles | 24 | €5,751 | €3,127 | -€2,624 | -45.6% |
| Current assets | 29/58 | €512,611 | €655,354 | +€142,744 | +27.8% |
| Amounts receivable within one year | 40/41 | €24,554 | €26,926 | +€2,372 | +9.7% |
| Trade receivables | 40 | €24,554 | €26,926 | +€2,372 | +9.7% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €350,000 | €475,000 | +€125,000 | +35.7% |
| Cash at bank and in hand | 54/58 | €135,710 | €150,737 | +€15,027 | +11.1% |
| Deferred charges and accrued income | 490/1 | €2,346 | €2,691 | +€345 | +14.7% |
| Total equity and liabilities | 10/49 | €518,509 | €658,572 | +€140,062 | +27.0% |
| Equity | 10/15 | €450,492 | €589,233 | +€138,741 | +30.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €445,492 | €584,233 | +€138,741 | +31.1% |
| Distributable reserves | 133 | €445,492 | €584,233 | +€138,741 | +31.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €68,017 | €69,339 | +€1,322 | +1.9% |
| Amounts payable within one year | 42/48 | €68,017 | €69,339 | +€1,322 | +1.9% |
| Trade debts | 44 | €0 | €138 | +€138 | |
| Suppliers | 440/4 | €0 | €138 | +€138 | |
| Taxes, remuneration and social security | 45 | €23,681 | €36,669 | +€12,987 | +54.8% |
| Taxes | 450/3 | €23,681 | €36,669 | +€12,987 | +54.8% |
| Other amounts payable | 47/48 | €44,336 | €32,533 | -€11,803 | -26.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,927 | €2,681 | -€246 | -8.4% |
| Other operating charges | 640/8 | €764 | €844 | +€80 | +10.5% |
| Gross operating margin | 9900 | €175,953 | €198,204 | +€22,251 | +12.6% |
| Operating profit (loss) | 9901 | €172,262 | €194,679 | +€22,417 | +13.0% |
| Financial income | 75/76B | €10,876 | €6,019 | -€4,857 | -44.7% |
| Recurring financial income | 75 | €10,876 | €6,019 | -€4,857 | -44.7% |
| Financial charges | 65/66B | €2,681 | €2,175 | -€506 | -18.9% |
| Recurring financial charges | 65 | €2,681 | €2,175 | -€506 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | €180,457 | €198,523 | +€18,066 | +10.0% |
| Income taxes | 67/77 | €53,948 | €59,782 | +€5,834 | +10.8% |
| Profit (loss) for the period | 9904 | €126,509 | €138,741 | +€12,232 | +9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €126,509 | €138,741 | +€12,232 | +9.7% |
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.