NARDELLO: what changed
Two fiscal 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.
NARDELLO
Largest movements
- Tangible fixed assets -€181
down €181 (-100.0%), from €181 to €0
- Cash -€150
down €150 (-74.3%), from €202 to €52
mainly Net result for the year (-€1,045) and Receivables within one year (-€26)
- Receivables within one year +€26
up €26 (+12.9%), from €200 to €226
- Profit (loss) carried forward -€1,044
down €1,044 (-1.7%), from -€59,713 to -€60,757
- Other debts +€733
up €733 (+2.3%), from €31,592 to €32,325
- Trade debts +€6
up €6 (+2.4%), from €254 to €260
- Gross operating margin +€780
up €780 (+64.5%), from -€1,209 to -€429
- Depreciation -€39
down €39 (-17.6%), from €220 to €181
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €583 | €278 | -€305 | -52.4% |
| Fixed assets | 21/28 | €181 | €0 | -€181 | -100.0% |
| Tangible fixed assets | 22/27 | €181 | €0 | -€181 | -100.0% |
| Furniture and vehicles | 24 | €181 | €0 | -€181 | -100.0% |
| Current assets | 29/58 | €402 | €278 | -€124 | -30.9% |
| Amounts receivable within one year | 40/41 | €200 | €226 | +€26 | +12.9% |
| Other amounts receivable | 41 | €200 | €226 | +€26 | +12.9% |
| Cash at bank and in hand | 54/58 | €202 | €52 | -€150 | -74.3% |
| Total equity and liabilities | 10/49 | €583 | €278 | -€305 | -52.4% |
| Equity | 10/15 | -€31,263 | -€32,307 | -€1,044 | -3.3% |
| Contributions | 10/11 | €18,592 | €18,592 | +€0 | 0.0% |
| Reserves | 13 | €9,858 | €9,858 | +€0 | 0.0% |
| Distributable reserves | 133 | €9,858 | €9,858 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€59,713 | -€60,757 | -€1,044 | -1.7% |
| Amounts payable | 17/49 | €31,846 | €32,585 | +€739 | +2.3% |
| Amounts payable within one year | 42/48 | €31,846 | €32,585 | +€739 | +2.3% |
| Trade debts | 44 | €254 | €260 | +€6 | +2.4% |
| Suppliers | 440/4 | €254 | €260 | +€6 | +2.4% |
| Other amounts payable | 47/48 | €31,592 | €32,325 | +€733 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €220 | €181 | -€39 | -17.6% |
| Other operating charges | 640/8 | €261 | €263 | +€2 | +0.7% |
| Gross operating margin | 9900 | -€1,209 | -€429 | +€780 | +64.5% |
| Operating profit (loss) | 9901 | -€1,690 | -€873 | +€817 | +48.4% |
| Financial charges | 65/66B | €174 | €172 | -€2 | -1.2% |
| Recurring financial charges | 65 | €174 | €172 | -€2 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,864 | -€1,045 | +€819 | +44.0% |
| Profit (loss) for the period | 9904 | -€1,864 | -€1,045 | +€819 | +44.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,864 | -€1,045 | +€819 | +44.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.