Narula's: 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.
Narula's
Largest movements
- Cash -€7,464
down €7,464 (-38.9%), from €19,175 to €11,711
mainly Net result for the year (-€5,085) and Other debts (-€3,084)
- Receivables within one year +€876
up €876 (+38.9%), from €2,250 to €3,126
of which Other amounts receivable: +€2,134
- Profit (loss) carried forward -€5,085
down €5,085 (-45.3%), from €11,223 to €6,138
- Other debts -€3,084
down €3,084 (-95.1%), from €3,243 to €159
- Tax, wage and social debts +€2,277
up €2,277 (+98.8%), from €2,304 to €4,581
of which Remuneration and social security: +€3,323
- Accrued charges and deferred income -€500
no longer reported in 2025 (was €500)
- Gross operating margin -€8,156
down €8,156, from €5,577 to -€2,580
- Taxes -€1,590
no longer reported in 2025 (was €1,590)
- Financial charges +€134
up €134 (+16.2%), from €829 to €963
- Other operating charges -€100
down €100 (-12.0%), from €835 to €735
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 | €23,625 | €17,078 | -€6,547 | -27.7% |
| Fixed assets | 21/28 | €1,745 | €1,584 | -€161 | -9.2% |
| Tangible fixed assets | 22/27 | €1,745 | €1,584 | -€161 | -9.2% |
| Plant, machinery and equipment | 23 | €327 | €845 | +€518 | +158.3% |
| Other tangible fixed assets | 26 | €1,418 | €739 | -€679 | -47.9% |
| Current assets | 29/58 | €21,879 | €15,494 | -€6,385 | -29.2% |
| Stocks and contracts in progress | 3 | €454 | €657 | +€203 | +44.6% |
| Stocks | 30/36 | €454 | €657 | +€203 | +44.6% |
| Amounts receivable within one year | 40/41 | €2,250 | €3,126 | +€876 | +38.9% |
| Trade receivables | 40 | €1,259 | - | -€1,259 | |
| Other amounts receivable | 41 | €991 | €3,126 | +€2,134 | +215.2% |
| Cash at bank and in hand | 54/58 | €19,175 | €11,711 | -€7,464 | -38.9% |
| Total equity and liabilities | 10/49 | €23,625 | €17,078 | -€6,547 | -27.7% |
| Equity | 10/15 | €17,423 | €12,338 | -€5,085 | -29.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,223 | €6,138 | -€5,085 | -45.3% |
| Amounts payable | 17/49 | €6,201 | €4,740 | -€1,461 | -23.6% |
| Amounts payable within one year | 42/48 | €5,701 | €4,740 | -€961 | -16.9% |
| Financial debts | 43 | €2 | - | -€2 | |
| Credit institutions | 430/8 | €2 | - | -€2 | |
| Trade debts | 44 | €152 | - | -€152 | |
| Suppliers | 440/4 | €152 | - | -€152 | |
| Taxes, remuneration and social security | 45 | €2,304 | €4,581 | +€2,277 | +98.8% |
| Taxes | 450/3 | €1,901 | €855 | -€1,046 | -55.0% |
| Remuneration and social security | 454/9 | €403 | €3,726 | +€3,323 | +823.7% |
| Other amounts payable | 47/48 | €3,243 | €159 | -€3,084 | -95.1% |
| Accrued charges and deferred income | 492/3 | €500 | - | -€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €810 | €810 | -€0 | 0.0% |
| Other operating charges | 640/8 | €835 | €735 | -€100 | -12.0% |
| Gross operating margin | 9900 | €5,577 | -€2,580 | -€8,156 | |
| Operating profit (loss) | 9901 | €3,931 | -€4,125 | -€8,056 | |
| Financial income | 75/76B | €1 | €3 | +€2 | +409.3% |
| Recurring financial income | 75 | €1 | €3 | +€2 | +409.3% |
| Financial charges | 65/66B | €829 | €963 | +€134 | +16.2% |
| Recurring financial charges | 65 | €829 | €963 | +€134 | +16.2% |
| Profit (loss) for the period before taxes | 9903 | €3,103 | -€5,085 | -€8,188 | |
| Income taxes | 67/77 | €1,590 | - | -€1,590 | |
| Profit (loss) for the period | 9904 | €1,513 | -€5,085 | -€6,598 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,513 | -€5,085 | -€6,598 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.