NARJISSE: 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.
NARJISSE
Largest movements
- Cash +€2,197
up €2,197 (+388.1%), from €566 to €2,763
mainly Net result for the year (+€4,403) and Tax, wage and social debts (+€1,950)
- Receivables within one year -€1,753
down €1,753 (-22.6%), from €7,746 to €5,993
- Deferred charges and accrued income -€1,217
down €1,217 (-75.7%), from €1,607 to €390
- Tangible fixed assets -€151
down €151 (-61.2%), from €247 to €96
- Tax, wage and social debts +€1,950
new in 2025: €1,950
- Other debts -€1,500
down €1,500 (-25.0%), from €6,000 to €4,500
- Trade debts -€757
down €757 (-36.8%), from €2,059 to €1,302
- Current portion of long-term debt -€520
no longer reported in 2025 (was €520)
- Gross operating margin +€1,826
up €1,826 (+32.2%), from €5,675 to €7,501
- Financial charges -€441
down €441 (-67.2%), from €656 to €215
- Taxes -€150
down €150 (-7.2%), from €2,100 to €1,950
- Depreciation +€96
up €96 (+173.1%), from €55 to €151
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 | €10,417 | €9,492 | -€925 | -8.9% |
| Fixed assets | 21/28 | €497 | €346 | -€151 | -30.4% |
| Tangible fixed assets | 22/27 | €247 | €96 | -€151 | -61.2% |
| Furniture and vehicles | 24 | €247 | €96 | -€151 | -61.2% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €9,919 | €9,146 | -€774 | -7.8% |
| Amounts receivable within one year | 40/41 | €7,746 | €5,993 | -€1,753 | -22.6% |
| Other amounts receivable | 41 | €7,746 | €5,993 | -€1,753 | -22.6% |
| Cash at bank and in hand | 54/58 | €566 | €2,763 | +€2,197 | +388.1% |
| Deferred charges and accrued income | 490/1 | €1,607 | €390 | -€1,217 | -75.7% |
| Total equity and liabilities | 10/49 | €10,417 | €9,492 | -€925 | -8.9% |
| Equity | 10/15 | €1,837 | €1,740 | -€97 | -5.3% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €1,664 | €1,664 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,664 | €1,664 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,664 | €1,664 | = | 0.0% |
| Profit (loss) carried forward | 14 | €172 | €75 | -€97 | -56.5% |
| Amounts payable | 17/49 | €8,580 | €7,752 | -€828 | -9.6% |
| Amounts payable within one year | 42/48 | €8,580 | €7,752 | -€828 | -9.6% |
| Current portion of amounts payable after more than one year | 42 | €520 | - | -€520 | |
| Trade debts | 44 | €2,059 | €1,302 | -€757 | -36.8% |
| Suppliers | 440/4 | €2,059 | €1,302 | -€757 | -36.8% |
| Taxes, remuneration and social security | 45 | - | €1,950 | +€1,950 | |
| Taxes | 450/3 | - | €1,950 | +€1,950 | |
| Other amounts payable | 47/48 | €6,000 | €4,500 | -€1,500 | -25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55 | €151 | +€96 | +173.1% |
| Other operating charges | 640/8 | €758 | €782 | +€23 | +3.1% |
| Gross operating margin | 9900 | €5,675 | €7,501 | +€1,826 | +32.2% |
| Operating profit (loss) | 9901 | €4,862 | €6,568 | +€1,706 | +35.1% |
| Financial charges | 65/66B | €656 | €215 | -€441 | -67.2% |
| Recurring financial charges | 65 | €656 | €215 | -€441 | -67.2% |
| Profit (loss) for the period before taxes | 9903 | €4,205 | €6,353 | +€2,147 | +51.1% |
| Income taxes | 67/77 | €2,100 | €1,950 | -€150 | -7.2% |
| Profit (loss) for the period | 9904 | €2,105 | €4,403 | +€2,298 | +109.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,105 | €4,403 | +€2,298 | +109.1% |
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 11 October 2026 via checked.be.