NASH CONSULTING: 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 CONSULTING
Largest movements
- Current investments +€362,477
up €362,477 (+73.3%), from €494,639 to €857,116
- Cash +€244,773
up €244,773 (+4,273%), from €5,728 to €250,501
mainly Net result for the year (+€348,315) and Other debts (+€184,761)
- Tangible fixed assets -€199,235
down €199,235 (-18.9%), from €1.1m to €852,725
of which Land and buildings: -€322,913
- Other debts +€184,761
up €184,761 (+201%), from €91,730 to €276,490
- Reserves +€88,858
up €88,858 (+17.0%), from €523,446 to €612,304
of which Distributable reserves: +€88,858
- Tax, wage and social debts +€69,364
up €69,364 (+212%), from €32,705 to €102,069
- Debts after one year +€41,141
up €41,141 (+4.7%), from €875,695 to €916,836
- Gross operating margin +€257,657
up €257,657 (+100%), from €257,141 to €514,798
- Taxes +€93,490
up €93,490 (+178%), from €52,531 to €146,021
- Depreciation -€47,701
down €47,701 (-56.0%), from €85,232 to €37,531
- Financial income +€20,124
up €20,124 (+55.9%), from €35,992 to €56,116
- Financial charges +€15,951
up €15,951 (+93.4%), from €17,079 to €33,031
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 | €1,672,325 | €2,063,872 | +€391,546 | +23.4% |
| Fixed assets | 21/28 | €1,051,960 | €852,725 | -€199,235 | -18.9% |
| Tangible fixed assets | 22/27 | €1,051,960 | €852,725 | -€199,235 | -18.9% |
| Land and buildings | 22 | €959,307 | €636,394 | -€322,913 | -33.7% |
| Plant, machinery and equipment | 23 | €821 | €111 | -€710 | -86.5% |
| Furniture and vehicles | 24 | €911 | €351 | -€560 | -61.4% |
| Assets under construction and advance payments | 27 | €90,921 | €215,869 | +€124,947 | +137% |
| Current assets | 29/58 | €620,365 | €1,211,147 | +€590,781 | +95.2% |
| Amounts receivable within one year | 40/41 | €114,290 | €100,250 | -€14,040 | -12.3% |
| Trade receivables | 40 | €114,290 | €100,250 | -€14,040 | -12.3% |
| Current investments | 50/53 | €494,639 | €857,116 | +€362,477 | +73.3% |
| Cash at bank and in hand | 54/58 | €5,728 | €250,501 | +€244,773 | +4,273% |
| Deferred charges and accrued income | 490/1 | €5,707 | €3,279 | -€2,428 | -42.5% |
| Total equity and liabilities | 10/49 | €1,672,325 | €2,063,872 | +€391,546 | +23.4% |
| Equity | 10/15 | €583,603 | €672,461 | +€88,858 | +15.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €523,446 | €612,304 | +€88,858 | +17.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €521,586 | €610,444 | +€88,858 | +17.0% |
| Profit (loss) carried forward | 14 | €53,958 | €53,958 | = | 0.0% |
| Amounts payable | 17/49 | €1,088,722 | €1,391,410 | +€302,688 | +27.8% |
| Amounts payable after more than one year | 17 | €875,695 | €916,836 | +€41,141 | +4.7% |
| Financial debts | 170/4 | €875,695 | €916,836 | +€41,141 | +4.7% |
| Amounts payable within one year | 42/48 | €212,427 | €474,575 | +€262,148 | +123% |
| Current portion of amounts payable after more than one year | 42 | €82,457 | €83,807 | +€1,350 | +1.6% |
| Trade debts | 44 | €5,535 | €12,209 | +€6,674 | +121% |
| Suppliers | 440/4 | €5,535 | €12,209 | +€6,674 | +121% |
| Taxes, remuneration and social security | 45 | €32,705 | €102,069 | +€69,364 | +212% |
| Taxes | 450/3 | €32,705 | €102,069 | +€69,364 | +212% |
| Other amounts payable | 47/48 | €91,730 | €276,490 | +€184,761 | +201% |
| Accrued charges and deferred income | 492/3 | €600 | - | -€600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,232 | €37,531 | -€47,701 | -56.0% |
| Other operating charges | 640/8 | €4,971 | €6,017 | +€1,046 | +21.0% |
| Gross operating margin | 9900 | €257,141 | €514,798 | +€257,657 | +100% |
| Operating profit (loss) | 9901 | €166,938 | €471,251 | +€304,313 | +182% |
| Financial income | 75/76B | €35,992 | €56,116 | +€20,124 | +55.9% |
| Recurring financial income | 75 | €35,992 | €56,116 | +€20,124 | +55.9% |
| Financial charges | 65/66B | €17,079 | €33,031 | +€15,951 | +93.4% |
| Recurring financial charges | 65 | €17,079 | €33,031 | +€15,951 | +93.4% |
| Profit (loss) for the period before taxes | 9903 | €185,851 | €494,336 | +€308,486 | +166% |
| Income taxes | 67/77 | €52,531 | €146,021 | +€93,490 | +178% |
| Profit (loss) for the period | 9904 | €133,319 | €348,315 | +€214,996 | +161% |
| Profit (loss) for the period to be appropriated | 9905 | €133,319 | €348,315 | +€214,996 | +161% |
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 29 October 2026 via checked.be.