NARICK ENTERPRISES: 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.
NARICK ENTERPRISES
Largest movements
- Receivables within one year +€16,465
up €16,465 (+214%), from €7,691 to €24,156
of which Trade receivables: +€19,965
- Tangible fixed assets -€7,125
down €7,125 (-25.9%), from €27,518 to €20,393
of which Furniture and vehicles: -€6,444
- Cash +€5,372
up €5,372 (+31.7%), from €16,924 to €22,296
mainly Other debts (+€170,722) and Net result for the year (+€49,608)
- Contributions -€200,000
down €200,000 (-80.0%), from €250,000 to €50,000
- Other debts +€170,722
up €170,722 (+1,870%), from €9,127 to €179,849
- Reserves +€40,025
new in 2025: €40,025
- Profit (loss) carried forward +€9,583
up €9,583, from -€9,583 to €0
- Tax, wage and social debts -€6,030
down €6,030 (-30.8%), from €19,600 to €13,569
- Gross operating margin +€38,326
up €38,326 (+120%), from €32,015 to €70,341
- Taxes +€12,998
up €12,998 (+224%), from €5,809 to €18,806
- Financial charges -€4,894
down €4,894 (-54.5%), from €8,976 to €4,082
- Depreciation +€3,109
up €3,109 (+77.4%), from €4,015 to €7,125
- Financial income +€1,769
up €1,769 (+21.5%), from €8,231 to €10,000
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 | €270,119 | €284,856 | +€14,737 | +5.5% |
| Fixed assets | 21/28 | €45,050 | €37,925 | -€7,125 | -15.8% |
| Tangible fixed assets | 22/27 | €27,518 | €20,393 | -€7,125 | -25.9% |
| Plant, machinery and equipment | 23 | €1,691 | €1,010 | -€680 | -40.2% |
| Furniture and vehicles | 24 | €25,827 | €19,383 | -€6,444 | -25.0% |
| Financial fixed assets | 28 | €17,531 | €17,531 | = | 0.0% |
| Current assets | 29/58 | €225,069 | €246,931 | +€21,862 | +9.7% |
| Amounts receivable after more than one year | 29 | €200,000 | €200,000 | = | 0.0% |
| Other amounts receivable | 291 | €200,000 | €200,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,691 | €24,156 | +€16,465 | +214% |
| Trade receivables | 40 | €0 | €19,965 | +€19,965 | |
| Other amounts receivable | 41 | €7,691 | €4,191 | -€3,500 | -45.5% |
| Cash at bank and in hand | 54/58 | €16,924 | €22,296 | +€5,372 | +31.7% |
| Deferred charges and accrued income | 490/1 | €455 | €480 | +€25 | +5.5% |
| Total equity and liabilities | 10/49 | €270,119 | €284,856 | +€14,737 | +5.5% |
| Equity | 10/15 | €240,417 | €90,025 | -€150,392 | -62.6% |
| Contributions | 10/11 | €250,000 | €50,000 | -€200,000 | -80.0% |
| Reserves | 13 | - | €40,025 | +€40,025 | |
| Distributable reserves | 133 | - | €40,025 | +€40,025 | |
| Profit (loss) carried forward | 14 | -€9,583 | €0 | +€9,583 | |
| Amounts payable | 17/49 | €29,702 | €194,832 | +€165,129 | +556% |
| Amounts payable within one year | 42/48 | €29,702 | €194,832 | +€165,129 | +556% |
| Trade debts | 44 | €975 | €1,413 | +€438 | +44.9% |
| Suppliers | 440/4 | €975 | €1,413 | +€438 | +44.9% |
| Taxes, remuneration and social security | 45 | €19,600 | €13,569 | -€6,030 | -30.8% |
| Taxes | 450/3 | €19,600 | €13,569 | -€6,030 | -30.8% |
| Other amounts payable | 47/48 | €9,127 | €179,849 | +€170,722 | +1,870% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,015 | €7,125 | +€3,109 | +77.4% |
| Other operating charges | 640/8 | €513 | €719 | +€206 | +40.1% |
| Gross operating margin | 9900 | €32,015 | €70,341 | +€38,326 | +120% |
| Operating profit (loss) | 9901 | €27,486 | €62,497 | +€35,011 | +127% |
| Financial income | 75/76B | €8,231 | €10,000 | +€1,769 | +21.5% |
| Recurring financial income | 75 | €8,231 | €10,000 | +€1,769 | +21.5% |
| Financial charges | 65/66B | €8,976 | €4,082 | -€4,894 | -54.5% |
| Recurring financial charges | 65 | €8,976 | €4,082 | -€4,894 | -54.5% |
| Profit (loss) for the period before taxes | 9903 | €26,741 | €68,415 | +€41,674 | +156% |
| Income taxes | 67/77 | €5,809 | €18,806 | +€12,998 | +224% |
| Profit (loss) for the period | 9904 | €20,932 | €49,608 | +€28,676 | +137% |
| Profit (loss) for the period to be appropriated | 9905 | €20,932 | €49,608 | +€28,676 | +137% |
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 18 October 2026 via checked.be.