NARODIA: 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.
NARODIA
Largest movements
- Cash -€36,018
down €36,018 (-31.4%), from €114,536 to €78,517
mainly Receivables after one year (-€30,000) and Contributions, distributions and other (-€21,585)
- Receivables after one year +€30,000
new in 2025: €30,000
- Tangible fixed assets -€2,760
down €2,760 (-9.9%), from €27,928 to €25,168
- Tax, wage and social debts -€10,598
down €10,598 (-63.0%), from €16,829 to €6,232
- Other debts -€10,415
down €10,415 (-32.5%), from €32,000 to €21,585
- Reserves +€9,454
up €9,454 (+11.7%), from €81,114 to €90,569
- Debts after one year +€1,716
up €1,716 (+8.8%), from €19,435 to €21,151
of which Other amounts payable: +€7,911
No income-statement line moved by more than 1% of the activity.
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 | €164,350 | €154,427 | -€9,923 | -6.0% |
| Fixed assets | 21/28 | €27,928 | €25,168 | -€2,760 | -9.9% |
| Tangible fixed assets | 22/27 | €27,928 | €25,168 | -€2,760 | -9.9% |
| Furniture and vehicles | 24 | €27,928 | €25,168 | -€2,760 | -9.9% |
| Current assets | 29/58 | €136,421 | €129,258 | -€7,163 | -5.3% |
| Amounts receivable after more than one year | 29 | - | €30,000 | +€30,000 | |
| Other amounts receivable | 291 | - | €30,000 | +€30,000 | |
| Amounts receivable within one year | 40/41 | €21,016 | €19,871 | -€1,145 | -5.4% |
| Trade receivables | 40 | €13,288 | €17,197 | +€3,908 | +29.4% |
| Other amounts receivable | 41 | €7,728 | €2,675 | -€5,053 | -65.4% |
| Cash at bank and in hand | 54/58 | €114,536 | €78,517 | -€36,018 | -31.4% |
| Deferred charges and accrued income | 490/1 | €870 | €870 | = | 0.0% |
| Total equity and liabilities | 10/49 | €164,350 | €154,427 | -€9,923 | -6.0% |
| Equity | 10/15 | €89,174 | €98,629 | +€9,454 | +10.6% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €81,114 | €90,569 | +€9,454 | +11.7% |
| Distributable reserves | 133 | €81,114 | €90,569 | +€9,454 | +11.7% |
| Amounts payable | 17/49 | €75,175 | €55,798 | -€19,377 | -25.8% |
| Amounts payable after more than one year | 17 | €19,435 | €21,151 | +€1,716 | +8.8% |
| Financial debts | 170/4 | €19,435 | €13,240 | -€6,195 | -31.9% |
| Other amounts payable | 178/9 | - | €7,911 | +€7,911 | |
| Amounts payable within one year | 42/48 | €55,740 | €34,647 | -€21,093 | -37.8% |
| Current portion of amounts payable after more than one year | 42 | €5,929 | €6,195 | +€267 | +4.5% |
| Trade debts | 44 | €982 | €635 | -€347 | -35.3% |
| Suppliers | 440/4 | €982 | €635 | -€347 | -35.3% |
| Taxes, remuneration and social security | 45 | €16,829 | €6,232 | -€10,598 | -63.0% |
| Taxes | 450/3 | €16,829 | €6,232 | -€10,598 | -63.0% |
| Other amounts payable | 47/48 | €32,000 | €21,585 | -€10,415 | -32.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,817 | €9,317 | +€500 | +5.7% |
| Other operating charges | 640/8 | €683 | €400 | -€283 | -41.4% |
| Gross operating margin | 9900 | €55,556 | €55,235 | -€320 | -0.6% |
| Operating profit (loss) | 9901 | €46,056 | €45,518 | -€538 | -1.2% |
| Financial income | 75/76B | €11 | €16 | +€5 | +43.4% |
| Recurring financial income | 75 | €11 | €16 | +€5 | +43.4% |
| Financial charges | 65/66B | €1,315 | €1,048 | -€267 | -20.3% |
| Recurring financial charges | 65 | €1,315 | €1,048 | -€267 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | €44,753 | €44,487 | -€265 | -0.6% |
| Income taxes | 67/77 | €13,455 | €13,448 | -€7 | -0.1% |
| Profit (loss) for the period | 9904 | €31,297 | €31,039 | -€258 | -0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €31,297 | €31,039 | -€258 | -0.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.