Narcis World: 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.
Narcis World
Largest movements
- Cash +€28,640
up €28,640 (+233.3%), from €12,275 to €40,914
mainly Other debts (+€33,108) and Depreciation (+€23,739)
- Intangible fixed assets -€23,739
down €23,739 (-34.1%), from €69,587 to €45,847
- Stocks and contracts -€15,226
down €15,226 (-5.9%), from €256,207 to €240,981
- Other debts +€33,108
up €33,108 (+4.8%), from €683,886 to €716,995
- Accrued charges and deferred income -€29,883
down €29,883 (-90.3%), from €33,108 to €3,226
- Profit (loss) carried forward -€10,333
down €10,333 (-13.0%), from -€79,564 to -€89,897
- Tax, wage and social debts -€7,158
down €7,158 (-49.7%), from €14,407 to €7,249
- Gross operating margin -€117,749
down €117,749 (-99.8%), from €117,982 to €233
- Financial charges -€32,740
down €32,740 (-97.5%), from €33,571 to €832
- Financial income +€2,041
up €2,041 (+16.0%), from €12,733 to €14,774
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 | €668,257 | €655,635 | -€12,622 | -1.9% |
| Fixed assets | 21/28 | €69,587 | €45,847 | -€23,739 | -34.1% |
| Intangible fixed assets | 21 | €69,587 | €45,847 | -€23,739 | -34.1% |
| Current assets | 29/58 | €598,671 | €609,788 | +€11,117 | +1.9% |
| Stocks and contracts in progress | 3 | €256,207 | €240,981 | -€15,226 | -5.9% |
| Stocks | 30/36 | €256,207 | €240,981 | -€15,226 | -5.9% |
| Amounts receivable within one year | 40/41 | €316,387 | €312,189 | -€4,199 | -1.3% |
| Trade receivables | 40 | €44,959 | €30,878 | -€14,081 | -31.3% |
| Other amounts receivable | 41 | €271,428 | €281,311 | +€9,883 | +3.6% |
| Cash at bank and in hand | 54/58 | €12,275 | €40,914 | +€28,640 | +233.3% |
| Deferred charges and accrued income | 490/1 | €13,802 | €15,704 | +€1,902 | +13.8% |
| Total equity and liabilities | 10/49 | €668,257 | €655,635 | -€12,622 | -1.9% |
| Equity | 10/15 | -€78,564 | -€88,897 | -€10,333 | -13.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,564 | -€89,897 | -€10,333 | -13.0% |
| Amounts payable | 17/49 | €746,821 | €744,532 | -€2,289 | -0.3% |
| Amounts payable within one year | 42/48 | €713,712 | €741,306 | +€27,593 | +3.9% |
| Trade debts | 44 | €15,419 | €17,062 | +€1,643 | +10.7% |
| Suppliers | 440/4 | €15,419 | €17,062 | +€1,643 | +10.7% |
| Taxes, remuneration and social security | 45 | €14,407 | €7,249 | -€7,158 | -49.7% |
| Taxes | 450/3 | €14,407 | €7,249 | -€7,158 | -49.7% |
| Other amounts payable | 47/48 | €683,886 | €716,995 | +€33,108 | +4.8% |
| Accrued charges and deferred income | 492/3 | €33,108 | €3,226 | -€29,883 | -90.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,739 | €23,739 | = | 0.0% |
| Other operating charges | 640/8 | €920 | €769 | -€151 | -16.4% |
| Non-recurring operating charges | 66A | €2,315 | €0 | -€2,315 | -100.0% |
| Gross operating margin | 9900 | €117,982 | €233 | -€117,749 | -99.8% |
| Operating profit (loss) | 9901 | €91,009 | -€24,275 | -€115,284 | |
| Financial income | 75/76B | €12,733 | €14,774 | +€2,041 | +16.0% |
| Recurring financial income | 75 | €12,733 | €14,774 | +€2,041 | +16.0% |
| Financial charges | 65/66B | €33,571 | €832 | -€32,740 | -97.5% |
| Recurring financial charges | 65 | €33,571 | €832 | -€32,740 | -97.5% |
| Profit (loss) for the period before taxes | 9903 | €70,170 | -€10,333 | -€80,503 | |
| Profit (loss) for the period | 9904 | €70,170 | -€10,333 | -€80,503 | |
| Profit (loss) for the period to be appropriated | 9905 | €70,170 | -€10,333 | -€80,503 |
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.