NANUQ: 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.
NANUQ
Largest movements
- Cash +€52,862
up €52,862 (+32.1%), from €164,599 to €217,461
mainly Net result for the year (+€53,747) and Other debts (+€17,312)
- Current investments +€30,000
up €30,000 (+8.6%), from €350,000 to €380,000
- Receivables within one year -€10,415
down €10,415 (-73.1%), from €14,252 to €3,838
of which Other amounts receivable: -€6,946
- Reserves +€53,700
up €53,700 (+16.0%), from €335,392 to €389,092
of which Distributable reserves: +€53,700
- Other debts +€17,312
up €17,312 (+38.9%), from €44,451 to €61,763
- Gross operating margin +€9,012
up €9,012 (+14.2%), from €63,636 to €72,648
- Financial income +€7,047
up €7,047 (+622%), from €1,133 to €8,180
- Taxes +€6,006
up €6,006 (+31.4%), from €19,144 to €25,149
- Financial charges -€3,327
down €3,327 (-96.3%), from €3,454 to €127
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 | €530,140 | €605,376 | +€75,236 | +14.2% |
| Fixed assets | 21/28 | €1,289 | €4,078 | +€2,789 | +216% |
| Tangible fixed assets | 22/27 | €1,289 | €4,078 | +€2,789 | +216% |
| Plant, machinery and equipment | 23 | - | €2,468 | +€2,468 | |
| Furniture and vehicles | 24 | €1,289 | €1,610 | +€321 | +24.9% |
| Current assets | 29/58 | €528,852 | €601,299 | +€72,447 | +13.7% |
| Amounts receivable within one year | 40/41 | €14,252 | €3,838 | -€10,415 | -73.1% |
| Trade receivables | 40 | €7,306 | €3,838 | -€3,469 | -47.5% |
| Other amounts receivable | 41 | €6,946 | €0 | -€6,946 | -100% |
| Current investments | 50/53 | €350,000 | €380,000 | +€30,000 | +8.6% |
| Cash at bank and in hand | 54/58 | €164,599 | €217,461 | +€52,862 | +32.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €530,140 | €605,376 | +€75,236 | +14.2% |
| Equity | 10/15 | €483,361 | €537,108 | +€53,747 | +11.1% |
| Contributions | 10/11 | €68,759 | €68,759 | = | 0.0% |
| Reserves | 13 | €335,392 | €389,092 | +€53,700 | +16.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €335,392 | €389,092 | +€53,700 | +16.0% |
| Profit (loss) carried forward | 14 | €79,210 | €79,257 | +€47 | +0.1% |
| Amounts payable | 17/49 | €46,780 | €68,269 | +€21,489 | +45.9% |
| Amounts payable within one year | 42/48 | €46,780 | €68,269 | +€21,489 | +45.9% |
| Trade debts | 44 | €0 | €2,026 | +€2,026 | |
| Suppliers | 440/4 | €0 | €2,026 | +€2,026 | |
| Taxes, remuneration and social security | 45 | €2,329 | €4,480 | +€2,151 | +92.4% |
| Taxes | 450/3 | €2,329 | €4,480 | +€2,151 | +92.4% |
| Other amounts payable | 47/48 | €44,451 | €61,763 | +€17,312 | +38.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €870 | €1,260 | +€390 | +44.8% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €63,636 | €72,648 | +€9,012 | +14.2% |
| Operating profit (loss) | 9901 | €62,238 | €70,844 | +€8,606 | +13.8% |
| Financial income | 75/76B | €1,133 | €8,180 | +€7,047 | +622% |
| Recurring financial income | 75 | €1,133 | €8,180 | +€7,047 | +622% |
| Financial charges | 65/66B | €3,454 | €127 | -€3,327 | -96.3% |
| Recurring financial charges | 65 | €3,454 | €127 | -€3,327 | -96.3% |
| Profit (loss) for the period before taxes | 9903 | €59,917 | €78,897 | +€18,980 | +31.7% |
| Income taxes | 67/77 | €19,144 | €25,149 | +€6,006 | +31.4% |
| Profit (loss) for the period | 9904 | €40,773 | €53,747 | +€12,974 | +31.8% |
| Profit (loss) for the period to be appropriated | 9905 | €40,773 | €53,747 | +€12,974 | +31.8% |
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 20 October 2026 via checked.be.