Naranja: 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.
Naranja
Largest movements
- Receivables within one year +€13,868
up €13,868 (+2545.7%), from €545 to €14,413
of which Trade receivables: +€10,890
- Cash +€7,597
up €7,597 (+107.3%), from €7,082 to €14,679
mainly Net result for the year (+€29,288) and Other debts (+€1,583)
- Tangible fixed assets -€1,389
down €1,389 (-96.7%), from €1,437 to €48
- Deferred charges and accrued income +€724
new in 2025: €724
- Profit (loss) carried forward +€19,288
up €19,288, from -€14,153 to €5,135
- Other debts +€1,583
up €1,583 (+8.8%), from €18,008 to €19,592
- Trade debts -€690
down €690 (-95.0%), from €726 to €36
- Short-term financial debts +€573
up €573 (+3370.6%), from €17 to €590
- Turnover +€103,583
up €103,583 (+583.7%), from €17,746 to €121,329
- Gross operating margin +€75,401
up €75,401, from -€42,064 to €33,337
- Purchases and services +€31,552
up €31,552 (+49.2%), from €64,186 to €95,737
- Financial charges +€11,086
up €11,086, from -€8,940 to €2,146
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 | €9,064 | €29,863 | +€20,799 | +229.5% |
| Fixed assets | 21/28 | €1,437 | €48 | -€1,389 | -96.7% |
| Tangible fixed assets | 22/27 | €1,437 | €48 | -€1,389 | -96.7% |
| Land and buildings | 22 | €1,437 | €48 | -€1,389 | -96.7% |
| Current assets | 29/58 | €7,627 | €29,816 | +€22,189 | +290.9% |
| Amounts receivable within one year | 40/41 | €545 | €14,413 | +€13,868 | +2545.7% |
| Trade receivables | 40 | €545 | €11,435 | +€10,890 | +1999.0% |
| Other amounts receivable | 41 | €0 | €2,978 | +€2,978 | |
| Cash at bank and in hand | 54/58 | €7,082 | €14,679 | +€7,597 | +107.3% |
| Deferred charges and accrued income | 490/1 | - | €724 | +€724 | |
| Total equity and liabilities | 10/49 | €9,064 | €29,863 | +€20,799 | +229.5% |
| Equity | 10/15 | -€12,153 | €7,135 | +€19,288 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,153 | €5,135 | +€19,288 | |
| Amounts payable | 17/49 | €21,217 | €22,729 | +€1,511 | +7.1% |
| Amounts payable within one year | 42/48 | €21,217 | €22,729 | +€1,511 | +7.1% |
| Financial debts | 43 | €17 | €590 | +€573 | +3370.6% |
| Credit institutions | 430/8 | €17 | €590 | +€573 | +3370.6% |
| Trade debts | 44 | €726 | €36 | -€690 | -95.0% |
| Suppliers | 440/4 | €726 | €36 | -€690 | -95.0% |
| Taxes, remuneration and social security | 45 | €2,466 | €2,511 | +€46 | +1.8% |
| Taxes | 450/3 | €756 | €902 | +€146 | +19.3% |
| Remuneration and social security | 454/9 | €1,710 | €1,610 | -€100 | -5.8% |
| Other amounts payable | 47/48 | €18,008 | €19,592 | +€1,583 | +8.8% |
| Turnover | 70 | €17,746 | €121,329 | +€103,583 | +583.7% |
| Non-recurring operating income | 76A | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €64,186 | €95,737 | +€31,552 | +49.2% |
| Remuneration, social security and pensions | 62 | €0 | €58 | +€58 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,390 | €1,389 | -€1 | -0.1% |
| Other operating charges | 640/8 | €435 | €496 | +€62 | +14.2% |
| Gross operating margin | 9900 | -€42,064 | €33,337 | +€75,401 | |
| Operating profit (loss) | 9901 | -€43,888 | €31,394 | +€75,282 | |
| Financial income | 75/76B | €16 | €40 | +€24 | +144.9% |
| Recurring financial income | 75 | €16 | €40 | +€24 | +144.9% |
| Financial charges | 65/66B | -€8,940 | €2,146 | +€11,086 | |
| Recurring financial charges | 65 | -€8,940 | €2,146 | +€11,086 | |
| Profit (loss) for the period before taxes | 9903 | -€34,932 | €29,288 | +€64,220 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€34,932 | €29,288 | +€64,220 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,932 | €29,288 | +€64,220 |
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 10 October 2026 via checked.be.