NASL Consult: 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.
NASL Consult
Largest movements
- Current investments +€270,000
up €270,000 (+41.5%), from €650,000 to €920,000
- Receivables within one year -€56,900
down €56,900 (-61.0%), from €93,274 to €36,374
of which Trade receivables: -€51,841
- Cash +€21,672
up €21,672 (+42.1%), from €51,527 to €73,198
mainly Other debts (+€514,031) and Net result for the year (+€300,005)
- Other debts +€514,031
up €514,031, from €0 to €514,031
- Reserves -€318,000
down €318,000 (-34.6%), from €918,000 to €600,000
- Tax, wage and social debts +€37,878
up €37,878 (+142%), from €26,691 to €64,569
- Gross operating margin +€82,603
up €82,603 (+24.3%), from €340,275 to €422,877
- Taxes +€44,292
up €44,292 (+46.1%), from €96,090 to €140,382
- Financial income -€4,757
down €4,757 (-20.0%), from €23,725 to €18,968
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 | €945,725 | €1,180,042 | +€234,317 | +24.8% |
| Fixed assets | 21/28 | €924 | €469 | -€455 | -49.3% |
| Tangible fixed assets | 22/27 | €924 | €469 | -€455 | -49.3% |
| Furniture and vehicles | 24 | €924 | €469 | -€455 | -49.3% |
| Current assets | 29/58 | €944,801 | €1,179,573 | +€234,772 | +24.8% |
| Amounts receivable after more than one year | 29 | €150,000 | €150,000 | = | 0.0% |
| Other amounts receivable | 291 | €150,000 | €150,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €93,274 | €36,374 | -€56,900 | -61.0% |
| Trade receivables | 40 | €53,510 | €1,669 | -€51,841 | -96.9% |
| Other amounts receivable | 41 | €39,764 | €34,705 | -€5,059 | -12.7% |
| Current investments | 50/53 | €650,000 | €920,000 | +€270,000 | +41.5% |
| Cash at bank and in hand | 54/58 | €51,527 | €73,198 | +€21,672 | +42.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €945,725 | €1,180,042 | +€234,317 | +24.8% |
| Equity | 10/15 | €919,034 | €601,039 | -€317,995 | -34.6% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €918,000 | €600,000 | -€318,000 | -34.6% |
| Distributable reserves | 133 | €918,000 | €600,000 | -€318,000 | -34.6% |
| Profit (loss) carried forward | 14 | €934 | €939 | +€5 | +0.5% |
| Amounts payable | 17/49 | €26,691 | €579,003 | +€552,312 | +2,069% |
| Amounts payable within one year | 42/48 | €26,691 | €579,003 | +€552,312 | +2,069% |
| Trade debts | 44 | €0 | €404 | +€404 | |
| Suppliers | 440/4 | €0 | €404 | +€404 | |
| Taxes, remuneration and social security | 45 | €26,691 | €64,569 | +€37,878 | +142% |
| Taxes | 450/3 | €26,691 | €64,569 | +€37,878 | +142% |
| Other amounts payable | 47/48 | €0 | €514,031 | +€514,031 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €752 | €455 | -€297 | -39.5% |
| Other operating charges | 640/8 | €387 | €404 | +€16 | +4.2% |
| Gross operating margin | 9900 | €340,275 | €422,877 | +€82,603 | +24.3% |
| Operating profit (loss) | 9901 | €339,136 | €422,018 | +€82,883 | +24.4% |
| Financial income | 75/76B | €23,725 | €18,968 | -€4,757 | -20.0% |
| Recurring financial income | 75 | €23,725 | €18,968 | -€4,757 | -20.0% |
| Financial charges | 65/66B | €621 | €600 | -€21 | -3.4% |
| Recurring financial charges | 65 | €621 | €600 | -€21 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €362,239 | €440,387 | +€78,147 | +21.6% |
| Income taxes | 67/77 | €96,090 | €140,382 | +€44,292 | +46.1% |
| Profit (loss) for the period | 9904 | €266,149 | €300,005 | +€33,855 | +12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €266,149 | €300,005 | +€33,855 | +12.7% |
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 14 October 2026 via checked.be.