NANZA: what changed
Two fiscal 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.
NANZA
Largest movements
- Receivables within one year +€33,275
up €33,275 (+110.0%), from €30,250 to €63,525
- Tangible fixed assets -€26,436
down €26,436 (-4.4%), from €595,337 to €568,901
of which Land and buildings: -€27,751
- Cash +€17,074
up €17,074 (+68.0%), from €25,107 to €42,181
mainly Net result for the year (+€45,453) and Depreciation (+€26,436)
- Profit (loss) carried forward +€42,253
up €42,253 (+19.9%), from €212,273 to €254,526
- Short-term financial debts -€20,204
down €20,204 (-5.5%), from €369,704 to €349,500
- Financial charges -€6,075
down €6,075 (-29.6%), from €20,521 to €14,447
- Gross operating margin +€4,397
up €4,397 (+4.6%), from €96,082 to €100,479
- Taxes +€2,495
up €2,495 (+22.9%), from €10,887 to €13,381
- Other operating charges -€1,592
down €1,592 (-65.7%), from €2,422 to €830
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 | €651,118 | €675,066 | +€23,948 | +3.7% |
| Fixed assets | 21/28 | €595,337 | €568,901 | -€26,436 | -4.4% |
| Tangible fixed assets | 22/27 | €595,337 | €568,901 | -€26,436 | -4.4% |
| Land and buildings | 22 | €595,337 | €567,586 | -€27,751 | -4.7% |
| Furniture and vehicles | 24 | - | €1,315 | +€1,315 | |
| Current assets | 29/58 | €55,781 | €106,165 | +€50,384 | +90.3% |
| Amounts receivable within one year | 40/41 | €30,250 | €63,525 | +€33,275 | +110.0% |
| Trade receivables | 40 | €30,250 | €63,525 | +€33,275 | +110.0% |
| Cash at bank and in hand | 54/58 | €25,107 | €42,181 | +€17,074 | +68.0% |
| Deferred charges and accrued income | 490/1 | €423 | €459 | +€36 | +8.5% |
| Total equity and liabilities | 10/49 | €651,118 | €675,066 | +€23,948 | +3.7% |
| Equity | 10/15 | €219,773 | €262,026 | +€42,253 | +19.2% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €212,273 | €254,526 | +€42,253 | +19.9% |
| Amounts payable | 17/49 | €431,345 | €413,040 | -€18,305 | -4.2% |
| Amounts payable within one year | 42/48 | €429,719 | €410,709 | -€19,010 | -4.4% |
| Financial debts | 43 | €369,704 | €349,500 | -€20,204 | -5.5% |
| Credit institutions | 430/8 | €369,704 | €349,500 | -€20,204 | -5.5% |
| Trade debts | 44 | €5,914 | €1,556 | -€4,358 | -73.7% |
| Suppliers | 440/4 | €5,914 | €1,556 | -€4,358 | -73.7% |
| Taxes, remuneration and social security | 45 | €12,735 | €17,887 | +€5,152 | +40.5% |
| Taxes | 450/3 | €12,735 | €16,980 | +€4,245 | +33.3% |
| Remuneration and social security | 454/9 | - | €908 | +€908 | |
| Other amounts payable | 47/48 | €41,367 | €41,766 | +€399 | +1.0% |
| Accrued charges and deferred income | 492/3 | €1,625 | €2,331 | +€705 | +43.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,748 | €26,436 | +€689 | +2.7% |
| Other operating charges | 640/8 | €2,422 | €830 | -€1,592 | -65.7% |
| Gross operating margin | 9900 | €96,082 | €100,479 | +€4,397 | +4.6% |
| Operating profit (loss) | 9901 | €67,913 | €73,213 | +€5,301 | +7.8% |
| Financial income | 75/76B | €6 | €68 | +€62 | +979.4% |
| Recurring financial income | 75 | €6 | €68 | +€62 | +979.4% |
| Financial charges | 65/66B | €20,521 | €14,447 | -€6,075 | -29.6% |
| Recurring financial charges | 65 | €20,521 | €14,447 | -€6,075 | -29.6% |
| Profit (loss) for the period before taxes | 9903 | €47,398 | €58,835 | +€11,437 | +24.1% |
| Income taxes | 67/77 | €10,887 | €13,381 | +€2,495 | +22.9% |
| Profit (loss) for the period | 9904 | €36,511 | €45,453 | +€8,942 | +24.5% |
| Profit (loss) for the period to be appropriated | 9905 | €36,511 | €45,453 | +€8,942 | +24.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.