NAO SOINS: 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.
NAO SOINS
Largest movements
- Deferred charges and accrued income +€13,558
new in 2025: €13,558
- Intangible fixed assets -€12,000
down €12,000 (-10.0%), from €119,967 to €107,967
- Cash +€5,480
new in 2025: €5,480
mainly Debts after one year (+€93,402) and Current portion of long-term debt (+€15,451)
- Other debts -€117,818
down €117,818 (-99.8%), from €118,029 to €211
- Debts after one year +€93,402
new in 2025: €93,402
- Current portion of long-term debt +€15,451
new in 2025: €15,451
- Profit (loss) carried forward +€9,303
up €9,303, from -€33 to €9,270
- Tax, wage and social debts +€6,847
new in 2025: €6,847
- Gross operating margin +€29,345
new in 2025: €29,345
- Depreciation +€12,247
up €12,247 (+36,568%), from €33 to €12,280
- Financial charges +€4,395
new in 2025: €4,395
- Taxes +€3,097
new in 2025: €3,097
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 | €120,996 | €128,226 | +€7,230 | +6.0% |
| Formation expenses | 20 | €1,028 | €771 | -€257 | -25.0% |
| Fixed assets | 21/28 | €119,967 | €108,416 | -€11,551 | -9.6% |
| Intangible fixed assets | 21 | €119,967 | €107,967 | -€12,000 | -10.0% |
| Tangible fixed assets | 22/27 | - | €449 | +€449 | |
| Furniture and vehicles | 24 | - | €449 | +€449 | |
| Current assets | 29/58 | - | €19,038 | +€19,038 | |
| Cash at bank and in hand | 54/58 | - | €5,480 | +€5,480 | |
| Deferred charges and accrued income | 490/1 | - | €13,558 | +€13,558 | |
| Total equity and liabilities | 10/49 | €120,996 | €128,226 | +€7,230 | +6.0% |
| Equity | 10/15 | €2,967 | €12,270 | +€9,303 | +314% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33 | €9,270 | +€9,303 | |
| Amounts payable | 17/49 | €118,029 | €115,956 | -€2,073 | -1.8% |
| Amounts payable after more than one year | 17 | - | €93,402 | +€93,402 | |
| Financial debts | 170/4 | - | €93,402 | +€93,402 | |
| Amounts payable within one year | 42/48 | €118,029 | €22,554 | -€95,475 | -80.9% |
| Current portion of amounts payable after more than one year | 42 | - | €15,451 | +€15,451 | |
| Trade debts | 44 | - | €45 | +€45 | |
| Suppliers | 440/4 | - | €45 | +€45 | |
| Taxes, remuneration and social security | 45 | - | €6,847 | +€6,847 | |
| Taxes | 450/3 | - | €6,847 | +€6,847 | |
| Other amounts payable | 47/48 | €118,029 | €211 | -€117,818 | -99.8% |
| Non-recurring operating income | 76A | - | €15,382 | +€15,382 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33 | €12,280 | +€12,247 | +36,568% |
| Other operating charges | 640/8 | - | €270 | +€270 | |
| Gross operating margin | 9900 | - | €29,345 | +€29,345 | |
| Operating profit (loss) | 9901 | -€33 | €16,795 | +€16,829 | |
| Financial charges | 65/66B | - | €4,395 | +€4,395 | |
| Recurring financial charges | 65 | - | €4,395 | +€4,395 | |
| Profit (loss) for the period before taxes | 9903 | -€33 | €12,400 | +€12,434 | |
| Income taxes | 67/77 | - | €3,097 | +€3,097 | |
| Profit (loss) for the period | 9904 | -€33 | €9,303 | +€9,337 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33 | €9,303 | +€9,337 |
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.