NaoS sprl: 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.
NaoS sprl
Largest movements
- Tangible fixed assets -€9,215
down €9,215 (-16.6%), from €55,548 to €46,333
of which Land and buildings: -€9,147
- Receivables within one year +€1,607
up €1,607 (+24.6%), from €6,528 to €8,135
of which Trade receivables: +€1,246
- Cash -€857
down €857 (-17.9%), from €4,795 to €3,938
mainly Net result for the year (-€24,895) and Trade debts (-€5,047)
- Profit (loss) carried forward -€24,895
down €24,895 (-280%), from -€8,879 to -€33,774
- Other debts +€20,198
up €20,198 (+47.6%), from €42,444 to €62,642
- Trade debts -€5,047
down €5,047 (-47.7%), from €10,570 to €5,524
- Accrued charges and deferred income +€1,025
up €1,025, from €0 to €1,025
- Provisions +€72,290
no longer reported in 2025 (was -€72,290)
- Gross operating margin -€3,870
down €3,870 (-49.6%), from -€7,804 to -€11,673
- Financial charges -€1,368
down €1,368 (-100%), from €1,368 to €0
- Depreciation +€820
up €820 (+8.6%), from €9,493 to €10,313
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 | €68,415 | €59,713 | -€8,702 | -12.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €55,548 | €46,333 | -€9,215 | -16.6% |
| Tangible fixed assets | 22/27 | €55,548 | €46,333 | -€9,215 | -16.6% |
| Land and buildings | 22 | €51,670 | €42,523 | -€9,147 | -17.7% |
| Furniture and vehicles | 24 | €3,878 | €3,810 | -€67 | -1.7% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €12,867 | €13,380 | +€513 | +4.0% |
| Amounts receivable within one year | 40/41 | €6,528 | €8,135 | +€1,607 | +24.6% |
| Trade receivables | 40 | €2,516 | €3,762 | +€1,246 | +49.5% |
| Other amounts receivable | 41 | €4,012 | €4,373 | +€361 | +9.0% |
| Cash at bank and in hand | 54/58 | €4,795 | €3,938 | -€857 | -17.9% |
| Deferred charges and accrued income | 490/1 | €1,544 | €1,307 | -€237 | -15.3% |
| Total equity and liabilities | 10/49 | €68,415 | €59,713 | -€8,702 | -12.7% |
| Equity | 10/15 | -€819 | -€25,714 | -€24,895 | -3,039% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,879 | -€33,774 | -€24,895 | -280% |
| Provisions and deferred taxes | 16 | €15,851 | €15,851 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €15,851 | €15,851 | = | 0.0% |
| Pensions and similar obligations | 160 | €15,851 | €15,851 | = | 0.0% |
| Amounts payable | 17/49 | €53,383 | €69,576 | +€16,193 | +30.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €53,383 | €68,552 | +€15,168 | +28.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €10,570 | €5,524 | -€5,047 | -47.7% |
| Suppliers | 440/4 | €10,570 | €5,524 | -€5,047 | -47.7% |
| Taxes, remuneration and social security | 45 | €369 | €387 | +€17 | +4.7% |
| Taxes | 450/3 | €369 | €387 | +€17 | +4.7% |
| Other amounts payable | 47/48 | €42,444 | €62,642 | +€20,198 | +47.6% |
| Accrued charges and deferred income | 492/3 | €0 | €1,025 | +€1,025 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,493 | €10,313 | +€820 | +8.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€72,290 | - | +€72,290 | |
| Other operating charges | 640/8 | €2,507 | €2,522 | +€15 | +0.6% |
| Gross operating margin | 9900 | -€7,804 | -€11,673 | -€3,870 | -49.6% |
| Operating profit (loss) | 9901 | €52,485 | -€24,509 | -€76,994 | |
| Financial income | 75/76B | €1 | €1 | -€1 | -50.0% |
| Recurring financial income | 75 | €1 | €1 | -€1 | -50.0% |
| Financial charges | 65/66B | €1,368 | €0 | -€1,368 | -100% |
| Recurring financial charges | 65 | €1,368 | €0 | -€1,368 | -100% |
| Profit (loss) for the period before taxes | 9903 | €51,118 | -€24,508 | -€75,627 | |
| Income taxes | 67/77 | €369 | €387 | +€17 | +4.7% |
| Profit (loss) for the period | 9904 | €50,749 | -€24,895 | -€75,644 | |
| Profit (loss) for the period to be appropriated | 9905 | €50,749 | -€24,895 | -€75,644 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.