NASH & CO: 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.
NASH & CO
Largest movements
- Receivables within one year -€13,132
down €13,132 (-98.7%), from €13,300 to €168
of which Trade receivables: -€13,300
- Tangible fixed assets +€1,124
new in 2025: €1,124
- Cash +€943
up €943 (+12.7%), from €7,446 to €8,389
mainly Receivables within one year (+€13,132) and Net result for the year (+€7,367)
- Formation expenses -€327
down €327 (-50.1%), from €652 to €325
- Other debts -€18,017
no longer reported in 2025 (was €18,017)
- Advances received -€7,865
no longer reported in 2025 (was €7,865)
- Profit (loss) carried forward +€7,367
up €7,367 (+16.9%), from -€43,623 to -€36,256
- Trade debts +€5,954
up €5,954 (+17.8%), from €33,387 to €39,341
- Tax, wage and social debts +€1,273
up €1,273 (+39.1%), from €3,252 to €4,524
- Gross operating margin +€75,970
up €75,970, from -€61,020 to €14,950
- Financial charges +€3,148
up €3,148 (+194%), from €1,619 to €4,768
- Other operating charges +€2,306
up €2,306 (+1,450%), from €159 to €2,465
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 | €21,398 | €10,109 | -€11,289 | -52.8% |
| Formation expenses | 20 | €652 | €325 | -€327 | -50.1% |
| Fixed assets | 21/28 | - | €1,124 | +€1,124 | |
| Tangible fixed assets | 22/27 | - | €1,124 | +€1,124 | |
| Furniture and vehicles | 24 | - | €1,124 | +€1,124 | |
| Current assets | 29/58 | €20,746 | €8,660 | -€12,085 | -58.3% |
| Amounts receivable within one year | 40/41 | €13,300 | €168 | -€13,132 | -98.7% |
| Trade receivables | 40 | €13,300 | - | -€13,300 | |
| Other amounts receivable | 41 | - | €168 | +€168 | |
| Cash at bank and in hand | 54/58 | €7,446 | €8,389 | +€943 | +12.7% |
| Deferred charges and accrued income | 490/1 | - | €103 | +€103 | |
| Total equity and liabilities | 10/49 | €21,398 | €10,109 | -€11,289 | -52.8% |
| Equity | 10/15 | -€41,123 | -€33,756 | +€7,367 | +17.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,623 | -€36,256 | +€7,367 | +16.9% |
| Amounts payable | 17/49 | €62,521 | €43,865 | -€18,656 | -29.8% |
| Amounts payable within one year | 42/48 | €62,521 | €43,865 | -€18,656 | -29.8% |
| Trade debts | 44 | €33,387 | €39,341 | +€5,954 | +17.8% |
| Suppliers | 440/4 | €33,387 | €39,341 | +€5,954 | +17.8% |
| Advances received on contracts in progress | 46 | €7,865 | - | -€7,865 | |
| Taxes, remuneration and social security | 45 | €3,252 | €4,524 | +€1,273 | +39.1% |
| Taxes | 450/3 | €3,252 | €4,524 | +€1,273 | +39.1% |
| Other amounts payable | 47/48 | €18,017 | - | -€18,017 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €327 | €350 | +€24 | +7.2% |
| Other operating charges | 640/8 | €159 | €2,465 | +€2,306 | +1,450% |
| Gross operating margin | 9900 | -€61,020 | €14,950 | +€75,970 | |
| Operating profit (loss) | 9901 | -€61,506 | €12,135 | +€73,641 | |
| Financial charges | 65/66B | €1,619 | €4,768 | +€3,148 | +194% |
| Recurring financial charges | 65 | €1,619 | €4,768 | +€3,148 | +194% |
| Profit (loss) for the period before taxes | 9903 | -€63,125 | €7,367 | +€70,492 | |
| Profit (loss) for the period | 9904 | -€63,125 | €7,367 | +€70,492 | |
| Profit (loss) for the period to be appropriated | 9905 | -€63,125 | €7,367 | +€70,492 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.