Nascon: 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.
Nascon
Largest movements
- Cash +€23,575
up €23,575 (+45.6%), from €51,676 to €75,251
mainly Net result for the year (+€36,659) and Depreciation (+€12,708)
- Receivables within one year +€12,985
up €12,985 (+101%), from €12,854 to €25,839
of which Trade receivables: +€12,826
- Tangible fixed assets -€12,708
down €12,708 (-24.7%), from €51,422 to €38,714
- Reserves +€36,659
up €36,659 (+67.6%), from €54,258 to €90,916
- Debts after one year -€11,443
down €11,443 (-31.1%), from €36,819 to €25,376
- Tax, wage and social debts -€8,829
down €8,829 (-97.6%), from €9,051 to €222
- Other debts +€7,718
up €7,718 (+926%), from €833 to €8,551
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.
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 | €115,952 | €139,804 | +€23,852 | +20.6% |
| Fixed assets | 21/28 | €51,422 | €38,714 | -€12,708 | -24.7% |
| Tangible fixed assets | 22/27 | €51,422 | €38,714 | -€12,708 | -24.7% |
| Furniture and vehicles | 24 | €51,422 | €38,714 | -€12,708 | -24.7% |
| Current assets | 29/58 | €64,531 | €101,090 | +€36,560 | +56.7% |
| Amounts receivable within one year | 40/41 | €12,854 | €25,839 | +€12,985 | +101% |
| Trade receivables | 40 | €12,100 | €24,926 | +€12,826 | +106% |
| Other amounts receivable | 41 | €754 | €913 | +€159 | +21.1% |
| Cash at bank and in hand | 54/58 | €51,676 | €75,251 | +€23,575 | +45.6% |
| Total equity and liabilities | 10/49 | €115,952 | €139,804 | +€23,852 | +20.6% |
| Equity | 10/15 | €56,258 | €92,916 | +€36,659 | +65.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €54,258 | €90,916 | +€36,659 | +67.6% |
| Distributable reserves | 133 | €54,258 | €90,916 | +€36,659 | +67.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €59,695 | €46,888 | -€12,807 | -21.5% |
| Amounts payable after more than one year | 17 | €36,819 | €25,376 | -€11,443 | -31.1% |
| Financial debts | 170/4 | €36,819 | €25,376 | -€11,443 | -31.1% |
| Amounts payable within one year | 42/48 | €22,453 | €20,938 | -€1,515 | -6.7% |
| Current portion of amounts payable after more than one year | 42 | €10,990 | €11,443 | +€453 | +4.1% |
| Trade debts | 44 | €1,579 | €723 | -€856 | -54.2% |
| Suppliers | 440/4 | €1,579 | €723 | -€856 | -54.2% |
| Taxes, remuneration and social security | 45 | €9,051 | €222 | -€8,829 | -97.6% |
| Taxes | 450/3 | €9,051 | €222 | -€8,829 | -97.6% |
| Other amounts payable | 47/48 | €833 | €8,551 | +€7,718 | +926% |
| Accrued charges and deferred income | 492/3 | €423 | €574 | +€151 | +35.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,116 | €12,708 | +€592 | +4.9% |
| Other operating charges | 640/8 | €803 | €772 | -€30 | -3.8% |
| Gross operating margin | 9900 | €61,997 | €61,873 | -€124 | -0.2% |
| Operating profit (loss) | 9901 | €49,078 | €48,393 | -€685 | -1.4% |
| Financial charges | 65/66B | €2,421 | €2,133 | -€288 | -11.9% |
| Recurring financial charges | 65 | €2,421 | €2,133 | -€288 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €46,658 | €46,260 | -€397 | -0.9% |
| Income taxes | 67/77 | €9,558 | €9,602 | +€44 | +0.5% |
| Profit (loss) for the period | 9904 | €37,100 | €36,659 | -€441 | -1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €37,100 | €36,659 | -€441 | -1.2% |
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 19 October 2026 via checked.be.