Nardoc: 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.
Nardoc
Largest movements
- Receivables within one year -€27,533
down €27,533 (-44.9%), from €61,331 to €33,797
of which Other amounts receivable: -€15,357
- Tangible fixed assets -€6,984
down €6,984 (-77.8%), from €8,976 to €1,991
of which Other tangible fixed assets: -€7,516
- Reserves -€40,801
down €40,801 (-16.4%), from €249,069 to €208,268
of which Distributable reserves: -€40,801
- Trade debts +€6,494
up €6,494 (+280.4%), from €2,316 to €8,810
- Gross operating margin -€20,439
down €20,439 (-373.9%), from -€5,466 to -€25,905
- Depreciation -€1,750
down €1,750 (-44.2%), from €3,959 to €2,209
- Other operating charges +€700
up €700 (+58.3%), from €1,201 to €1,901
- Financial charges +€488
up €488 (+22.2%), from €2,202 to €2,689
- Financial income -€366
down €366 (-3.3%), from €11,009 to €10,643
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 | €267,819 | €235,179 | -€32,640 | -12.2% |
| Fixed assets | 21/28 | €13,551 | €6,566 | -€6,984 | -51.5% |
| Tangible fixed assets | 22/27 | €8,976 | €1,991 | -€6,984 | -77.8% |
| Furniture and vehicles | 24 | €1,459 | €1,991 | +€532 | +36.4% |
| Other tangible fixed assets | 26 | €7,516 | - | -€7,516 | |
| Financial fixed assets | 28 | €4,575 | €4,575 | = | 0.0% |
| Current assets | 29/58 | €254,268 | €228,612 | -€25,656 | -10.1% |
| Amounts receivable after more than one year | 29 | €191,184 | €191,184 | = | 0.0% |
| Other amounts receivable | 291 | €191,184 | €191,184 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €61,331 | €33,797 | -€27,533 | -44.9% |
| Trade receivables | 40 | €12,177 | - | -€12,177 | |
| Other amounts receivable | 41 | €49,154 | €33,797 | -€15,357 | -31.2% |
| Cash at bank and in hand | 54/58 | €271 | €449 | +€177 | +65.4% |
| Deferred charges and accrued income | 490/1 | €1,482 | €3,182 | +€1,700 | +114.7% |
| Total equity and liabilities | 10/49 | €267,819 | €235,179 | -€32,640 | -12.2% |
| Equity | 10/15 | €261,469 | €220,668 | -€40,801 | -15.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €249,069 | €208,268 | -€40,801 | -16.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €247,209 | €206,408 | -€40,801 | -16.5% |
| Amounts payable | 17/49 | €6,349 | €14,510 | +€8,161 | +128.5% |
| Amounts payable within one year | 42/48 | €6,349 | €13,838 | +€7,488 | +117.9% |
| Trade debts | 44 | €2,316 | €8,810 | +€6,494 | +280.4% |
| Suppliers | 440/4 | €2,316 | €8,810 | +€6,494 | +280.4% |
| Taxes, remuneration and social security | 45 | €123 | €271 | +€148 | +120.0% |
| Taxes | 450/3 | €123 | €271 | +€148 | +120.0% |
| Other amounts payable | 47/48 | €3,910 | €4,756 | +€846 | +21.6% |
| Accrued charges and deferred income | 492/3 | - | €672 | +€672 | |
| Non-recurring operating income | 76A | - | €600 | +€600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,959 | €2,209 | -€1,750 | -44.2% |
| Other operating charges | 640/8 | €1,201 | €1,901 | +€700 | +58.3% |
| Non-recurring operating charges | 66A | - | €18,592 | +€18,592 | |
| Gross operating margin | 9900 | -€5,466 | -€25,905 | -€20,439 | -373.9% |
| Operating profit (loss) | 9901 | -€10,626 | -€48,606 | -€37,981 | -357.4% |
| Financial income | 75/76B | €11,009 | €10,643 | -€366 | -3.3% |
| Recurring financial income | 75 | €11,009 | €10,643 | -€366 | -3.3% |
| Financial charges | 65/66B | €2,202 | €2,689 | +€488 | +22.2% |
| Recurring financial charges | 65 | €2,202 | €2,689 | +€488 | +22.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,819 | -€40,653 | -€38,834 | -2135.2% |
| Income taxes | 67/77 | €123 | €148 | +€24 | +19.8% |
| Profit (loss) for the period | 9904 | -€1,942 | -€40,801 | -€38,859 | -2000.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,942 | -€40,801 | -€38,859 | -2000.8% |
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.