Nasro: what changed
Two fiscal 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.
Nasro
Largest movements
- Cash +€5,345
up €5,345 (+25.0%), from €21,423 to €26,768
mainly Net result for the year (+€5,142) and Tax, wage and social debts (+€1,002)
- Profit (loss) carried forward +€5,142
up €5,142 (+31.0%), from €16,591 to €21,733
- Tax, wage and social debts +€1,002
up €1,002 (+58.4%), from €1,716 to €2,718
- Trade debts -€745
down €745 (-18.2%), from €4,093 to €3,348
- Gross operating margin +€1,188
up €1,188 (+20.8%), from €5,701 to €6,890
- Other operating charges -€746
down €746 (-36.3%), from €2,053 to €1,308
- Taxes +€403
new in 2025: €403
- Financial income -€71
down €71 (-25.9%), from €275 to €204
- Financial charges +€71
up €71 (+41.6%), from €170 to €241
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 | €28,600 | €33,999 | +€5,399 | +18.9% |
| Current assets | 29/58 | €28,600 | €33,999 | +€5,399 | +18.9% |
| Stocks and contracts in progress | 3 | €3,500 | €3,350 | -€150 | -4.3% |
| Stocks | 30/36 | €3,500 | €3,350 | -€150 | -4.3% |
| Amounts receivable within one year | 40/41 | €3,677 | €3,881 | +€204 | +5.5% |
| Other amounts receivable | 41 | €3,677 | €3,881 | +€204 | +5.5% |
| Cash at bank and in hand | 54/58 | €21,423 | €26,768 | +€5,345 | +25.0% |
| Total equity and liabilities | 10/49 | €28,600 | €33,999 | +€5,399 | +18.9% |
| Equity | 10/15 | €22,791 | €27,933 | +€5,142 | +22.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,591 | €21,733 | +€5,142 | +31.0% |
| Amounts payable | 17/49 | €5,809 | €6,066 | +€257 | +4.4% |
| Amounts payable within one year | 42/48 | €5,809 | €6,066 | +€257 | +4.4% |
| Trade debts | 44 | €4,093 | €3,348 | -€745 | -18.2% |
| Suppliers | 440/4 | €4,093 | €3,348 | -€745 | -18.2% |
| Taxes, remuneration and social security | 45 | €1,716 | €2,718 | +€1,002 | +58.4% |
| Taxes | 450/3 | €1,716 | €2,718 | +€1,002 | +58.4% |
| Other operating charges | 640/8 | €2,053 | €1,308 | -€746 | -36.3% |
| Gross operating margin | 9900 | €5,701 | €6,890 | +€1,188 | +20.8% |
| Operating profit (loss) | 9901 | €3,648 | €5,582 | +€1,934 | +53.0% |
| Financial income | 75/76B | €275 | €204 | -€71 | -25.9% |
| Recurring financial income | 75 | €275 | €204 | -€71 | -25.9% |
| Financial charges | 65/66B | €170 | €241 | +€71 | +41.6% |
| Recurring financial charges | 65 | €170 | €241 | +€71 | +41.6% |
| Profit (loss) for the period before taxes | 9903 | €3,753 | €5,545 | +€1,792 | +47.8% |
| Income taxes | 67/77 | - | €403 | +€403 | |
| Profit (loss) for the period | 9904 | €3,753 | €5,142 | +€1,389 | +37.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,753 | €5,142 | +€1,389 | +37.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.