NASR 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.
NASR Consulting
Largest movements
- Receivables within one year +€3,043
up €3,043 (+10.7%), from €28,546 to €31,589
of which Other amounts receivable: +€5,463
- Cash -€2,009
down €2,009 (-29.1%), from €6,901 to €4,891
mainly Other debts (-€3,815) and Receivables within one year (-€3,043)
- Reserves +€5,418
up €5,418 (+32.2%), from €16,808 to €22,226
- Other debts -€3,815
no longer reported in 2025 (was €3,815)
- Tax, wage and social debts -€491
down €491 (-3.8%), from €12,872 to €12,381
of which Taxes: -€377
- Gross operating margin -€21,823
down €21,823 (-55.2%), from €39,558 to €17,735
- Taxes -€5,658
down €5,658 (-66.2%), from €8,553 to €2,894
- Staff costs -€2,162
down €2,162 (-26.1%), from €8,297 to €6,135
- Financial charges -€1,691
down €1,691 (-42.7%), from €3,959 to €2,268
- Other operating charges -€661
down €661 (-53.6%), from €1,233 to €572
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 | €37,033 | €38,205 | +€1,172 | +3.2% |
| Fixed assets | 21/28 | €1,213 | €1,359 | +€145 | +12.0% |
| Tangible fixed assets | 22/27 | €1,213 | €1,359 | +€145 | +12.0% |
| Furniture and vehicles | 24 | €1,213 | €1,359 | +€145 | +12.0% |
| Current assets | 29/58 | €35,819 | €36,846 | +€1,027 | +2.9% |
| Stocks and contracts in progress | 3 | €373 | €366 | -€7 | -1.8% |
| Stocks | 30/36 | €373 | €366 | -€7 | -1.8% |
| Amounts receivable within one year | 40/41 | €28,546 | €31,589 | +€3,043 | +10.7% |
| Trade receivables | 40 | €24,200 | €21,780 | -€2,420 | -10.0% |
| Other amounts receivable | 41 | €4,346 | €9,809 | +€5,463 | +126% |
| Cash at bank and in hand | 54/58 | €6,901 | €4,891 | -€2,009 | -29.1% |
| Total equity and liabilities | 10/49 | €37,033 | €38,205 | +€1,172 | +3.2% |
| Equity | 10/15 | €19,808 | €25,226 | +€5,418 | +27.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €16,808 | €22,226 | +€5,418 | +32.2% |
| Distributable reserves | 133 | €16,808 | €22,226 | +€5,418 | +32.2% |
| Amounts payable | 17/49 | €17,224 | €12,979 | -€4,246 | -24.6% |
| Amounts payable within one year | 42/48 | €17,224 | €12,979 | -€4,246 | -24.6% |
| Financial debts | 43 | - | €185 | +€185 | |
| Credit institutions | 430/8 | - | €185 | +€185 | |
| Trade debts | 44 | €537 | €413 | -€124 | -23.2% |
| Suppliers | 440/4 | €537 | €413 | -€124 | -23.2% |
| Taxes, remuneration and social security | 45 | €12,872 | €12,381 | -€491 | -3.8% |
| Taxes | 450/3 | €12,758 | €12,381 | -€377 | -3.0% |
| Remuneration and social security | 454/9 | €114 | - | -€114 | |
| Other amounts payable | 47/48 | €3,815 | - | -€3,815 | |
| Remuneration, social security and pensions | 62 | €8,297 | €6,135 | -€2,162 | -26.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €742 | €679 | -€62 | -8.4% |
| Other operating charges | 640/8 | €1,233 | €572 | -€661 | -53.6% |
| Gross operating margin | 9900 | €39,558 | €17,735 | -€21,823 | -55.2% |
| Operating profit (loss) | 9901 | €29,286 | €10,348 | -€18,938 | -64.7% |
| Financial income | 75/76B | €35 | €233 | +€198 | +569% |
| Recurring financial income | 75 | €35 | €233 | +€198 | +569% |
| Financial charges | 65/66B | €3,959 | €2,268 | -€1,691 | -42.7% |
| Recurring financial charges | 65 | €3,959 | €2,268 | -€1,691 | -42.7% |
| Profit (loss) for the period before taxes | 9903 | €25,361 | €8,312 | -€17,049 | -67.2% |
| Income taxes | 67/77 | €8,553 | €2,894 | -€5,658 | -66.2% |
| Profit (loss) for the period | 9904 | €16,808 | €5,418 | -€11,391 | -67.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,808 | €5,418 | -€11,391 | -67.8% |
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 23 October 2026 via checked.be.