NASARR: 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.
NASARR
Largest movements
- Receivables within one year +€39,964
up €39,964 (+1962.6%), from €2,036 to €42,000
- Cash +€30,410
up €30,410 (+17.9%), from €169,490 to €199,901
mainly Other debts (+€202,588) and Net result for the year (+€165,922)
- Other debts +€202,588
up €202,588, from €0 to €202,588
- Profit (loss) carried forward -€173,745
down €173,745 (-90.5%), from €192,084 to €18,339
- Tax, wage and social debts +€40,603
up €40,603 (+247.8%), from €16,384 to €56,987
- Taxes -€2,907
down €2,907 (-4.9%), from €59,894 to €56,987
- Gross operating margin -€2,599
down €2,599 (-1.1%), from €228,759 to €226,160
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 | €232,601 | €299,639 | +€67,038 | +28.8% |
| Fixed assets | 21/28 | €21,341 | €18,602 | -€2,739 | -12.8% |
| Tangible fixed assets | 22/27 | €21,251 | €18,512 | -€2,739 | -12.9% |
| Plant, machinery and equipment | 23 | €1,554 | €986 | -€568 | -36.5% |
| Furniture and vehicles | 24 | €728 | €505 | -€223 | -30.6% |
| Other tangible fixed assets | 26 | €18,969 | €17,021 | -€1,948 | -10.3% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €211,260 | €281,037 | +€69,776 | +33.0% |
| Amounts receivable within one year | 40/41 | €2,036 | €42,000 | +€39,964 | +1962.6% |
| Other amounts receivable | 41 | €2,036 | €42,000 | +€39,964 | +1962.6% |
| Cash at bank and in hand | 54/58 | €169,490 | €199,901 | +€30,410 | +17.9% |
| Deferred charges and accrued income | 490/1 | €39,734 | €39,136 | -€597 | -1.5% |
| Total equity and liabilities | 10/49 | €232,601 | €299,639 | +€67,038 | +28.8% |
| Equity | 10/15 | €212,544 | €38,799 | -€173,745 | -81.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €192,084 | €18,339 | -€173,745 | -90.5% |
| Amounts payable | 17/49 | €20,057 | €260,840 | +€240,783 | +1200.5% |
| Amounts payable within one year | 42/48 | €20,057 | €260,840 | +€240,783 | +1200.5% |
| Trade debts | 44 | €3,673 | €1,265 | -€2,408 | -65.6% |
| Suppliers | 440/4 | €3,673 | €1,265 | -€2,408 | -65.6% |
| Taxes, remuneration and social security | 45 | €16,384 | €56,987 | +€40,603 | +247.8% |
| Taxes | 450/3 | €16,384 | €56,987 | +€40,603 | +247.8% |
| Other amounts payable | 47/48 | €0 | €202,588 | +€202,588 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €886 | €2,739 | +€1,853 | +209.1% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €228,759 | €226,160 | -€2,599 | -1.1% |
| Operating profit (loss) | 9901 | €227,488 | €223,033 | -€4,455 | -2.0% |
| Financial income | 75/76B | €136 | - | -€136 | |
| Recurring financial income | 75 | €136 | - | -€136 | |
| Financial charges | 65/66B | €219 | €125 | -€94 | -43.0% |
| Recurring financial charges | 65 | €219 | €125 | -€94 | -43.0% |
| Profit (loss) for the period before taxes | 9903 | €227,405 | €222,909 | -€4,497 | -2.0% |
| Income taxes | 67/77 | €59,894 | €56,987 | -€2,907 | -4.9% |
| Profit (loss) for the period | 9904 | €167,511 | €165,922 | -€1,589 | -0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €167,511 | €165,922 | -€1,589 | -0.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.