NAQUI: 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.
NAQUI
Largest movements
- Tangible fixed assets -€924
no longer reported in 2025 (was €924)
- Receivables within one year -€165
down €165 (-9.8%), from €1,681 to €1,516
of which Other amounts receivable: -€261
- Profit (loss) carried forward -€6,000
down €6,000 (-14.1%), from -€42,416 to -€48,416
- Debts after one year +€4,364
up €4,364 (+29.7%), from €14,681 to €19,045
- Accrued charges and deferred income +€1,210
new in 2025: €1,210
- Trade debts -€677
no longer reported in 2025 (was €677)
- Other operating charges +€865
up €865 (+209%), from €413 to €1,277
- Gross operating margin +€658
up €658 (+16.0%), from -€4,121 to -€3,463
- Depreciation +€462
up €462 (+100%), from €462 to €924
- Staff costs +€170
up €170 (+427%), from €40 to €210
- Financial charges +€113
up €113 (+841%), from €13 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 | €2,905 | €1,802 | -€1,103 | -38.0% |
| Fixed assets | 21/28 | €924 | - | -€924 | |
| Tangible fixed assets | 22/27 | €924 | - | -€924 | |
| Furniture and vehicles | 24 | €924 | - | -€924 | |
| Current assets | 29/58 | €1,982 | €1,802 | -€179 | -9.1% |
| Amounts receivable within one year | 40/41 | €1,681 | €1,516 | -€165 | -9.8% |
| Trade receivables | 40 | €1,154 | €1,250 | +€96 | +8.3% |
| Other amounts receivable | 41 | €527 | €266 | -€261 | -49.6% |
| Cash at bank and in hand | 54/58 | €30 | €1 | -€29 | -95.9% |
| Deferred charges and accrued income | 490/1 | €271 | €285 | +€15 | +5.5% |
| Total equity and liabilities | 10/49 | €2,905 | €1,802 | -€1,103 | -38.0% |
| Equity | 10/15 | -€12,452 | -€18,452 | -€6,000 | -48.2% |
| Contributions | 10/11 | €27,050 | €27,050 | = | 0.0% |
| Reserves | 13 | €2,914 | €2,914 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,705 | €2,705 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,705 | €2,705 | = | 0.0% |
| Distributable reserves | 133 | €209 | €209 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,416 | -€48,416 | -€6,000 | -14.1% |
| Amounts payable | 17/49 | €15,357 | €20,254 | +€4,897 | +31.9% |
| Amounts payable after more than one year | 17 | €14,681 | €19,045 | +€4,364 | +29.7% |
| Financial debts | 170/4 | €14,681 | €19,045 | +€4,364 | +29.7% |
| Amounts payable within one year | 42/48 | €677 | - | -€677 | |
| Trade debts | 44 | €677 | - | -€677 | |
| Suppliers | 440/4 | €677 | - | -€677 | |
| Accrued charges and deferred income | 492/3 | - | €1,210 | +€1,210 | |
| Remuneration, social security and pensions | 62 | €40 | €210 | +€170 | +427% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €462 | €924 | +€462 | +100% |
| Other operating charges | 640/8 | €413 | €1,277 | +€865 | +209% |
| Gross operating margin | 9900 | -€4,121 | -€3,463 | +€658 | +16.0% |
| Operating profit (loss) | 9901 | -€5,035 | -€5,874 | -€838 | -16.7% |
| Financial charges | 65/66B | €13 | €127 | +€113 | +841% |
| Recurring financial charges | 65 | €13 | €127 | +€113 | +841% |
| Profit (loss) for the period before taxes | 9903 | -€5,049 | -€6,000 | -€951 | -18.8% |
| Profit (loss) for the period | 9904 | -€5,049 | -€6,000 | -€951 | -18.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,049 | -€6,000 | -€951 | -18.8% |
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 15 October 2026 via checked.be.