NASK: 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.
NASK
Largest movements
- Tangible fixed assets +€8,231
up €8,231 (+711.0%), from €1,158 to €9,388
of which Furniture and vehicles: +€7,421
- Cash +€5,830
up €5,830 (+36.1%), from €16,154 to €21,985
mainly Tax, wage and social debts (+€5,540) and Net result for the year (+€5,464)
- Deferred charges and accrued income +€696
up €696 (+187.6%), from €371 to €1,066
- Receivables within one year -€496
down €496 (-100.0%), from €496 to €0
of which Trade receivables: -€271
- Tax, wage and social debts +€5,540
up €5,540 (+563.3%), from €984 to €6,524
of which Taxes: +€2,995
- Reserves +€5,500
up €5,500 (+733.3%), from €750 to €6,250
- Trade debts +€3,090
up €3,090 (+55.1%), from €5,609 to €8,699
- Gross operating margin +€19,810
up €19,810 (+316.9%), from €6,251 to €26,061
- Staff costs +€13,172
up €13,172 (+290.7%), from €4,531 to €17,703
- Taxes +€1,379
up €1,379 (+686.5%), from €201 to €1,580
- Depreciation +€771
up €771 (+833.7%), from €92 to €863
- Financial charges -€550
down €550 (-87.3%), from €630 to €80
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 | €18,179 | €32,439 | +€14,260 | +78.4% |
| Fixed assets | 21/28 | €1,158 | €9,388 | +€8,231 | +711.0% |
| Tangible fixed assets | 22/27 | €1,158 | €9,388 | +€8,231 | +711.0% |
| Plant, machinery and equipment | 23 | €1,158 | €1,967 | +€809 | +69.9% |
| Furniture and vehicles | 24 | - | €7,421 | +€7,421 | |
| Current assets | 29/58 | €17,021 | €23,051 | +€6,030 | +35.4% |
| Amounts receivable within one year | 40/41 | €496 | €0 | -€496 | -100.0% |
| Trade receivables | 40 | €271 | €0 | -€271 | -100.0% |
| Other amounts receivable | 41 | €225 | €0 | -€225 | -100.0% |
| Cash at bank and in hand | 54/58 | €16,154 | €21,985 | +€5,830 | +36.1% |
| Deferred charges and accrued income | 490/1 | €371 | €1,066 | +€696 | +187.6% |
| Total equity and liabilities | 10/49 | €18,179 | €32,439 | +€14,260 | +78.4% |
| Equity | 10/15 | €3,799 | €9,263 | +€5,464 | +143.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €750 | €6,250 | +€5,500 | +733.3% |
| Distributable reserves | 133 | €750 | €6,250 | +€5,500 | +733.3% |
| Profit (loss) carried forward | 14 | €49 | €13 | -€36 | -73.5% |
| Amounts payable | 17/49 | €14,380 | €23,176 | +€8,796 | +61.2% |
| Amounts payable within one year | 42/48 | €14,380 | €23,176 | +€8,796 | +61.2% |
| Trade debts | 44 | €5,609 | €8,699 | +€3,090 | +55.1% |
| Suppliers | 440/4 | €5,609 | €8,699 | +€3,090 | +55.1% |
| Taxes, remuneration and social security | 45 | €984 | €6,524 | +€5,540 | +563.3% |
| Taxes | 450/3 | €78 | €3,074 | +€2,995 | +3818.0% |
| Remuneration and social security | 454/9 | €905 | €3,450 | +€2,545 | +281.2% |
| Other amounts payable | 47/48 | €7,787 | €7,953 | +€166 | +2.1% |
| Remuneration, social security and pensions | 62 | €4,531 | €17,703 | +€13,172 | +290.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92 | €863 | +€771 | +833.7% |
| Other operating charges | 640/8 | - | €374 | +€374 | |
| Gross operating margin | 9900 | €6,251 | €26,061 | +€19,810 | +316.9% |
| Operating profit (loss) | 9901 | €1,628 | €7,121 | +€5,493 | +337.5% |
| Financial income | 75/76B | €2 | €3 | +€1 | +38.7% |
| Recurring financial income | 75 | €2 | €3 | +€1 | +38.7% |
| Financial charges | 65/66B | €630 | €80 | -€550 | -87.3% |
| Recurring financial charges | 65 | €630 | €80 | -€550 | -87.3% |
| Profit (loss) for the period before taxes | 9903 | €1,000 | €7,044 | +€6,044 | +604.4% |
| Income taxes | 67/77 | €201 | €1,580 | +€1,379 | +686.5% |
| Profit (loss) for the period | 9904 | €799 | €5,464 | +€4,665 | +583.7% |
| Profit (loss) for the period to be appropriated | 9905 | €799 | €5,464 | +€4,665 | +583.7% |
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 10 October 2026 via checked.be.