NARRANUM: 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.
NARRANUM
Largest movements
- Cash +€106,307
up €106,307 (+293.7%), from €36,196 to €142,503
mainly Net result for the year (+€59,447) and Tax, wage and social debts (+€33,944)
- Receivables within one year -€7,210
down €7,210 (-7.1%), from €102,024 to €94,813
of which Trade receivables: -€26,729
- Tangible fixed assets -€6,626
down €6,626 (-19.7%), from €33,587 to €26,961
of which Furniture and vehicles: -€6,476
- Profit (loss) carried forward +€59,447
up €59,447 (+40.2%), from €148,031 to €207,478
- Tax, wage and social debts +€33,944
up €33,944 (+159.1%), from €21,336 to €55,280
- Gross operating margin -€29,444
down €29,444 (-25.0%), from €117,910 to €88,466
- Taxes -€2,346
down €2,346 (-10.0%), from €23,515 to €21,169
- Depreciation +€1,384
up €1,384 (+20.3%), from €6,833 to €8,217
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 | €173,117 | €265,763 | +€92,647 | +53.5% |
| Fixed assets | 21/28 | €33,587 | €26,961 | -€6,626 | -19.7% |
| Tangible fixed assets | 22/27 | €33,587 | €26,961 | -€6,626 | -19.7% |
| Furniture and vehicles | 24 | €32,129 | €25,653 | -€6,476 | -20.2% |
| Other tangible fixed assets | 26 | €1,458 | €1,307 | -€150 | -10.3% |
| Current assets | 29/58 | €139,530 | €238,803 | +€99,273 | +71.1% |
| Amounts receivable within one year | 40/41 | €102,024 | €94,813 | -€7,210 | -7.1% |
| Trade receivables | 40 | €102,024 | €75,294 | -€26,729 | -26.2% |
| Other amounts receivable | 41 | - | €19,519 | +€19,519 | |
| Cash at bank and in hand | 54/58 | €36,196 | €142,503 | +€106,307 | +293.7% |
| Deferred charges and accrued income | 490/1 | €1,311 | €1,486 | +€175 | +13.4% |
| Total equity and liabilities | 10/49 | €173,117 | €265,763 | +€92,647 | +53.5% |
| Equity | 10/15 | €151,031 | €210,478 | +€59,447 | +39.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €148,031 | €207,478 | +€59,447 | +40.2% |
| Amounts payable | 17/49 | €22,085 | €55,285 | +€33,200 | +150.3% |
| Amounts payable within one year | 42/48 | €21,764 | €55,284 | +€33,520 | +154.0% |
| Trade debts | 44 | €195 | €4 | -€191 | -97.8% |
| Suppliers | 440/4 | €195 | €4 | -€191 | -97.8% |
| Taxes, remuneration and social security | 45 | €21,336 | €55,280 | +€33,944 | +159.1% |
| Taxes | 450/3 | €21,336 | €55,280 | +€33,944 | +159.1% |
| Other amounts payable | 47/48 | €233 | - | -€233 | |
| Accrued charges and deferred income | 492/3 | €321 | €1 | -€320 | -99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,833 | €8,217 | +€1,384 | +20.3% |
| Other operating charges | 640/8 | €177 | €120 | -€57 | -32.2% |
| Gross operating margin | 9900 | €117,910 | €88,466 | -€29,444 | -25.0% |
| Operating profit (loss) | 9901 | €110,900 | €80,129 | -€30,771 | -27.7% |
| Financial income | 75/76B | - | €611 | +€611 | |
| Recurring financial income | 75 | - | €611 | +€611 | |
| Financial charges | 65/66B | €94 | €125 | +€30 | +32.1% |
| Recurring financial charges | 65 | €94 | €125 | +€30 | +32.1% |
| Profit (loss) for the period before taxes | 9903 | €110,806 | €80,616 | -€30,190 | -27.2% |
| Income taxes | 67/77 | €23,515 | €21,169 | -€2,346 | -10.0% |
| Profit (loss) for the period | 9904 | €87,291 | €59,447 | -€27,844 | -31.9% |
| Profit (loss) for the period to be appropriated | 9905 | €87,291 | €59,447 | -€27,844 | -31.9% |
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.