NASS HR: what changed
NASS HR
Largest movements
- Tangible fixed assets +€49,667
up €49,667 (+350%), from €14,197 to €63,865
of which Leasing and similar rights: +€50,445
- Cash +€30,547
up €30,547 (+75.0%), from €40,708 to €71,254
mainly Debts after one year (+€40,588) and Net result for the year (+€28,263)
- Receivables within one year -€3,709
down €3,709 (-23.8%), from €15,613 to €11,904
of which Trade receivables: -€3,775
- Debts after one year +€40,588
up €40,588 (+7,499%), from €541 to €41,129
- Reserves +€28,263
up €28,263 (+56.2%), from €50,325 to €78,588
- Current portion of long-term debt +€7,782
up €7,782 (+121%), from €6,440 to €14,221
- Tax, wage and social debts +€1,835
up €1,835 (+25.3%), from €7,265 to €9,101
- Gross operating margin +€10,035
up €10,035 (+27.9%), from €35,950 to €45,985
- Depreciation +€1,845
up €1,845 (+33.3%), from €5,536 to €7,381
- Taxes +€1,434
up €1,434 (+21.3%), from €6,736 to €8,170
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 | €71,403 | €148,467 | +€77,064 | +108% |
| Fixed assets | 21/28 | €14,197 | €63,865 | +€49,667 | +350% |
| Tangible fixed assets | 22/27 | €14,197 | €63,865 | +€49,667 | +350% |
| Furniture and vehicles | 24 | €4,418 | €3,641 | -€777 | -17.6% |
| Leasing and similar rights | 25 | €9,779 | €60,224 | +€50,445 | +516% |
| Current assets | 29/58 | €57,206 | €84,602 | +€27,396 | +47.9% |
| Amounts receivable within one year | 40/41 | €15,613 | €11,904 | -€3,709 | -23.8% |
| Trade receivables | 40 | €14,849 | €11,074 | -€3,775 | -25.4% |
| Other amounts receivable | 41 | €764 | €830 | +€66 | +8.6% |
| Cash at bank and in hand | 54/58 | €40,708 | €71,254 | +€30,547 | +75.0% |
| Deferred charges and accrued income | 490/1 | €885 | €1,444 | +€559 | +63.1% |
| Total equity and liabilities | 10/49 | €71,403 | €148,467 | +€77,064 | +108% |
| Equity | 10/15 | €55,325 | €83,588 | +€28,263 | +51.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €50,325 | €78,588 | +€28,263 | +56.2% |
| Distributable reserves | 133 | €50,325 | €78,588 | +€28,263 | +56.2% |
| Amounts payable | 17/49 | €16,078 | €64,878 | +€48,800 | +304% |
| Amounts payable after more than one year | 17 | €541 | €41,129 | +€40,588 | +7,499% |
| Financial debts | 170/4 | €541 | €41,129 | +€40,588 | +7,499% |
| Amounts payable within one year | 42/48 | €15,537 | €23,749 | +€8,213 | +52.9% |
| Current portion of amounts payable after more than one year | 42 | €6,440 | €14,221 | +€7,782 | +121% |
| Trade debts | 44 | €1,802 | €336 | -€1,465 | -81.3% |
| Suppliers | 440/4 | €1,802 | €336 | -€1,465 | -81.3% |
| Taxes, remuneration and social security | 45 | €7,265 | €9,101 | +€1,835 | +25.3% |
| Taxes | 450/3 | €7,265 | €9,101 | +€1,835 | +25.3% |
| Other amounts payable | 47/48 | €30 | €91 | +€61 | +203% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,536 | €7,381 | +€1,845 | +33.3% |
| Other operating charges | 640/8 | €1,207 | €1,617 | +€410 | +34.0% |
| Gross operating margin | 9900 | €35,950 | €45,985 | +€10,035 | +27.9% |
| Operating profit (loss) | 9901 | €29,207 | €36,987 | +€7,779 | +26.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €228 | €553 | +€326 | +143% |
| Recurring financial charges | 65 | €228 | €553 | +€326 | +143% |
| Profit (loss) for the period before taxes | 9903 | €28,980 | €36,433 | +€7,454 | +25.7% |
| Income taxes | 67/77 | €6,736 | €8,170 | +€1,434 | +21.3% |
| Profit (loss) for the period | 9904 | €22,244 | €28,263 | +€6,020 | +27.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,244 | €28,263 | +€6,020 | +27.1% |
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 1 November 2026 via checked.be.