NASGORO: 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.
NASGORO
Largest movements
- Receivables within one year +€16,169
up €16,169 (+180.4%), from €8,965 to €25,133
of which Trade receivables: +€19,040
- Tangible fixed assets -€11,264
down €11,264 (-18.5%), from €61,042 to €49,777
- Cash +€5,612
up €5,612 (+274.3%), from €2,046 to €7,657
mainly Other debts (+€28,394) and Depreciation (+€11,396)
- Other debts +€28,394
up €28,394 (+35.0%), from €81,180 to €109,575
- Profit (loss) carried forward -€9,570
down €9,570 (-19.9%), from -€48,039 to -€57,609
- Debts after one year -€9,016
down €9,016 (-32.9%), from €27,383 to €18,367
- Trade debts +€884
up €884 (+83.1%), from €1,064 to €1,947
- Gross operating margin +€20,182
up €20,182, from -€16,273 to €3,909
- Financial charges -€222
down €222 (-11.6%), from €1,920 to €1,698
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 | €74,135 | €84,596 | +€10,461 | +14.1% |
| Fixed assets | 21/28 | €62,258 | €50,862 | -€11,396 | -18.3% |
| Intangible fixed assets | 21 | €1,216 | €1,084 | -€132 | -10.9% |
| Tangible fixed assets | 22/27 | €61,042 | €49,777 | -€11,264 | -18.5% |
| Furniture and vehicles | 24 | €61,042 | €49,777 | -€11,264 | -18.5% |
| Current assets | 29/58 | €11,877 | €33,734 | +€21,857 | +184.0% |
| Amounts receivable within one year | 40/41 | €8,965 | €25,133 | +€16,169 | +180.4% |
| Trade receivables | 40 | - | €19,040 | +€19,040 | |
| Other amounts receivable | 41 | €8,965 | €6,093 | -€2,871 | -32.0% |
| Cash at bank and in hand | 54/58 | €2,046 | €7,657 | +€5,612 | +274.3% |
| Deferred charges and accrued income | 490/1 | €867 | €944 | +€77 | +8.8% |
| Total equity and liabilities | 10/49 | €74,135 | €84,596 | +€10,461 | +14.1% |
| Equity | 10/15 | -€45,039 | -€54,609 | -€9,570 | -21.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,039 | -€57,609 | -€9,570 | -19.9% |
| Amounts payable | 17/49 | €119,174 | €139,205 | +€20,031 | +16.8% |
| Amounts payable after more than one year | 17 | €27,383 | €18,367 | -€9,016 | -32.9% |
| Financial debts | 170/4 | €27,383 | €18,367 | -€9,016 | -32.9% |
| Amounts payable within one year | 42/48 | €91,792 | €120,838 | +€29,046 | +31.6% |
| Current portion of amounts payable after more than one year | 42 | €8,647 | €9,016 | +€368 | +4.3% |
| Trade debts | 44 | €1,064 | €1,947 | +€884 | +83.1% |
| Suppliers | 440/4 | €1,064 | €1,947 | +€884 | +83.1% |
| Taxes, remuneration and social security | 45 | €900 | €300 | -€600 | -66.7% |
| Taxes | 450/3 | €900 | €300 | -€600 | -66.7% |
| Other amounts payable | 47/48 | €81,180 | €109,575 | +€28,394 | +35.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,244 | €11,396 | +€153 | +1.4% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | -€16,273 | €3,909 | +€20,182 | |
| Operating profit (loss) | 9901 | -€27,901 | -€7,875 | +€20,026 | +71.8% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €1,920 | €1,698 | -€222 | -11.6% |
| Recurring financial charges | 65 | €1,920 | €1,698 | -€222 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | -€29,821 | -€9,570 | +€20,251 | +67.9% |
| Profit (loss) for the period | 9904 | -€29,821 | -€9,570 | +€20,251 | +67.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,821 | -€9,570 | +€20,251 | +67.9% |
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 6 October 2026 via checked.be.