NASIMRAN: what changed
NASIMRAN
Largest movements
- Cash +€26,656
up €26,656 (+176%), from €15,118 to €41,773
mainly Trade debts (+€22,395) and Tax, wage and social debts (+€3,783)
- Stocks and contracts +€1,500
up €1,500 (+8.9%), from €16,849 to €18,349
- Deferred charges and accrued income -€863
no longer reported in 2025 (was €863)
- Trade debts +€22,395
up €22,395 (+571%), from €3,920 to €26,315
- Tax, wage and social debts +€3,783
new in 2025: €3,783
- Turnover -€16,411
down €16,411 (-5.3%), from €310,097 to €293,686
- Gross operating margin -€10,250
down €10,250 (-63.5%), from €16,140 to €5,889
- Purchases and services -€6,160
down €6,160 (-2.1%), from €293,958 to €287,797
- Taxes +€3,783
new in 2025: €3,783
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €33,510 | €60,323 | +€26,814 | +80.0% |
| Current assets | 29/58 | €33,510 | €60,323 | +€26,814 | +80.0% |
| Stocks and contracts in progress | 3 | €16,849 | €18,349 | +€1,500 | +8.9% |
| Stocks | 30/36 | €16,849 | €18,349 | +€1,500 | +8.9% |
| Amounts receivable within one year | 40/41 | €680 | €201 | -€479 | -70.5% |
| Other amounts receivable | 41 | €680 | €201 | -€479 | -70.5% |
| Cash at bank and in hand | 54/58 | €15,118 | €41,773 | +€26,656 | +176% |
| Deferred charges and accrued income | 490/1 | €863 | - | -€863 | |
| Total equity and liabilities | 10/49 | €33,510 | €60,323 | +€26,814 | +80.0% |
| Equity | 10/15 | €15,613 | €15,795 | +€182 | +1.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,987 | -€2,805 | +€182 | +6.1% |
| Amounts payable | 17/49 | €17,897 | €44,528 | +€26,631 | +149% |
| Amounts payable within one year | 42/48 | €17,897 | €44,528 | +€26,631 | +149% |
| Trade debts | 44 | €3,920 | €26,315 | +€22,395 | +571% |
| Suppliers | 440/4 | €3,920 | €26,315 | +€22,395 | +571% |
| Taxes, remuneration and social security | 45 | - | €3,783 | +€3,783 | |
| Taxes | 450/3 | - | €3,783 | +€3,783 | |
| Other amounts payable | 47/48 | €13,976 | €14,430 | +€454 | +3.2% |
| Turnover | 70 | €310,097 | €293,686 | -€16,411 | -5.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €293,958 | €287,797 | -€6,160 | -2.1% |
| Other operating charges | 640/8 | €1,899 | €1,696 | -€202 | -10.7% |
| Gross operating margin | 9900 | €16,140 | €5,889 | -€10,250 | -63.5% |
| Operating profit (loss) | 9901 | €14,241 | €4,193 | -€10,048 | -70.6% |
| Financial charges | 65/66B | €657 | €228 | -€429 | -65.3% |
| Recurring financial charges | 65 | €657 | €228 | -€429 | -65.3% |
| Profit (loss) for the period before taxes | 9903 | €13,584 | €3,965 | -€9,619 | -70.8% |
| Income taxes | 67/77 | - | €3,783 | +€3,783 | |
| Profit (loss) for the period | 9904 | €13,584 | €182 | -€13,402 | -98.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,584 | €182 | -€13,402 | -98.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.