NASEJI: 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.
NASEJI
Largest movements
- Cash +€29,187
up €29,187 (+97.5%), from €29,928 to €59,115
mainly Net result for the year (+€55,353) and Tax, wage and social debts (+€3,050)
- Receivables within one year +€17,017
new in 2025: €17,017
- Receivables after one year +€11,000
new in 2025: €11,000
- Profit (loss) carried forward +€55,353
up €55,353 (+422%), from €13,103 to €68,455
- Tax, wage and social debts +€3,050
up €3,050 (+27.8%), from €10,981 to €14,031
- Other debts -€1,433
down €1,433 (-34.3%), from €4,183 to €2,750
- Gross operating margin +€56,338
up €56,338 (+330%), from €17,079 to €73,417
- Taxes +€12,131
up €12,131 (+319%), from €3,800 to €15,931
- Financial charges +€1,417
new in 2025: €1,417
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 | €30,812 | €88,004 | +€57,192 | +186% |
| Fixed assets | 21/28 | €884 | €871 | -€12 | -1.4% |
| Tangible fixed assets | 22/27 | €884 | €871 | -€12 | -1.4% |
| Furniture and vehicles | 24 | €884 | €871 | -€12 | -1.4% |
| Current assets | 29/58 | €29,928 | €87,133 | +€57,205 | +191% |
| Amounts receivable after more than one year | 29 | - | €11,000 | +€11,000 | |
| Other amounts receivable | 291 | - | €11,000 | +€11,000 | |
| Amounts receivable within one year | 40/41 | - | €17,017 | +€17,017 | |
| Trade receivables | 40 | - | €17,017 | +€17,017 | |
| Cash at bank and in hand | 54/58 | €29,928 | €59,115 | +€29,187 | +97.5% |
| Total equity and liabilities | 10/49 | €30,812 | €88,004 | +€57,192 | +186% |
| Equity | 10/15 | €15,103 | €70,455 | +€55,353 | +367% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,103 | €68,455 | +€55,353 | +422% |
| Amounts payable | 17/49 | €15,709 | €17,549 | +€1,840 | +11.7% |
| Amounts payable within one year | 42/48 | €15,709 | €17,549 | +€1,840 | +11.7% |
| Trade debts | 44 | €545 | €767 | +€223 | +40.9% |
| Suppliers | 440/4 | €545 | €767 | +€223 | +40.9% |
| Taxes, remuneration and social security | 45 | €10,981 | €14,031 | +€3,050 | +27.8% |
| Taxes | 450/3 | €10,981 | €14,031 | +€3,050 | +27.8% |
| Other amounts payable | 47/48 | €4,183 | €2,750 | -€1,433 | -34.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €177 | €524 | +€347 | +196% |
| Other operating charges | 640/8 | - | €358 | +€358 | |
| Gross operating margin | 9900 | €17,079 | €73,417 | +€56,338 | +330% |
| Operating profit (loss) | 9901 | €16,903 | €72,535 | +€55,633 | +329% |
| Financial income | 75/76B | - | €165 | +€165 | |
| Recurring financial income | 75 | - | €165 | +€165 | |
| Financial charges | 65/66B | - | €1,417 | +€1,417 | |
| Recurring financial charges | 65 | - | €1,417 | +€1,417 | |
| Profit (loss) for the period before taxes | 9903 | €16,903 | €71,283 | +€54,381 | +322% |
| Income taxes | 67/77 | €3,800 | €15,931 | +€12,131 | +319% |
| Profit (loss) for the period | 9904 | €13,103 | €55,353 | +€42,250 | +322% |
| Profit (loss) for the period to be appropriated | 9905 | €13,103 | €55,353 | +€42,250 | +322% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.