NARSINGDI: 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.
NARSINGDI
Largest movements
- Financial fixed assets +€3,780
new in 2025: €3,780
- Cash -€1,687
down €1,687 (-13.4%), from €12,544 to €10,858
mainly Trade debts (-€5,230) and Tax, wage and social debts (-€4,711)
- Receivables within one year +€1,281
up €1,281 (+67.3%), from €1,904 to €3,185
of which Other amounts receivable: +€786
- Deferred charges and accrued income +€602
new in 2025: €602
- Stocks and contracts -€351
down €351 (-22.0%), from €1,598 to €1,248
- Profit (loss) carried forward +€15,765
up €15,765, from -€11,908 to €3,857
- Trade debts -€5,230
down €5,230 (-85.1%), from €6,144 to €914
- Tax, wage and social debts -€4,711
down €4,711 (-38.6%), from €12,191 to €7,480
of which Remuneration and social security: -€4,285
- Other debts -€2,199
down €2,199 (-25.5%), from €8,620 to €6,421
- Gross operating margin +€55,363
up €55,363 (+342%), from €16,184 to €71,547
- Staff costs +€26,124
up €26,124 (+92.9%), from €28,115 to €54,239
- Taxes +€1,442
new in 2025: €1,442
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 | €16,047 | €19,673 | +€3,626 | +22.6% |
| Fixed assets | 21/28 | - | €3,780 | +€3,780 | |
| Financial fixed assets | 28 | - | €3,780 | +€3,780 | |
| Current assets | 29/58 | €16,047 | €15,893 | -€154 | -1.0% |
| Stocks and contracts in progress | 3 | €1,598 | €1,248 | -€351 | -22.0% |
| Stocks | 30/36 | €1,598 | €1,248 | -€351 | -22.0% |
| Amounts receivable within one year | 40/41 | €1,904 | €3,185 | +€1,281 | +67.3% |
| Trade receivables | 40 | €197 | €692 | +€495 | +251% |
| Other amounts receivable | 41 | €1,707 | €2,493 | +€786 | +46.1% |
| Cash at bank and in hand | 54/58 | €12,544 | €10,858 | -€1,687 | -13.4% |
| Deferred charges and accrued income | 490/1 | - | €602 | +€602 | |
| Total equity and liabilities | 10/49 | €16,047 | €19,673 | +€3,626 | +22.6% |
| Equity | 10/15 | -€10,908 | €4,857 | +€15,765 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,908 | €3,857 | +€15,765 | |
| Amounts payable | 17/49 | €26,955 | €14,815 | -€12,140 | -45.0% |
| Amounts payable within one year | 42/48 | €26,955 | €14,815 | -€12,140 | -45.0% |
| Trade debts | 44 | €6,144 | €914 | -€5,230 | -85.1% |
| Suppliers | 440/4 | €6,144 | €914 | -€5,230 | -85.1% |
| Taxes, remuneration and social security | 45 | €12,191 | €7,480 | -€4,711 | -38.6% |
| Taxes | 450/3 | €1,868 | €1,442 | -€426 | -22.8% |
| Remuneration and social security | 454/9 | €10,323 | €6,038 | -€4,285 | -41.5% |
| Other amounts payable | 47/48 | €8,620 | €6,421 | -€2,199 | -25.5% |
| Non-recurring operating income | 76A | - | €64 | +€64 | |
| Remuneration, social security and pensions | 62 | €28,115 | €54,239 | +€26,124 | +92.9% |
| Gross operating margin | 9900 | €16,184 | €71,547 | +€55,363 | +342% |
| Operating profit (loss) | 9901 | -€11,931 | €17,308 | +€29,239 | |
| Financial income | 75/76B | €47 | €49 | +€2 | +5.3% |
| Recurring financial income | 75 | €47 | €49 | +€2 | +5.3% |
| Financial charges | 65/66B | €24 | €150 | +€126 | +536% |
| Recurring financial charges | 65 | €24 | €150 | +€126 | +536% |
| Profit (loss) for the period before taxes | 9903 | -€11,908 | €17,207 | +€29,116 | |
| Income taxes | 67/77 | - | €1,442 | +€1,442 | |
| Profit (loss) for the period | 9904 | -€11,908 | €15,765 | +€27,674 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,908 | €15,765 | +€27,674 |
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 13 October 2026 via checked.be.