Nassau 31: 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.
Nassau 31
Largest movements
- Tangible fixed assets -€9,610
down €9,610 (-3.4%), from €286,366 to €276,756
- Cash -€7,791
down €7,791 (-75.7%), from €10,295 to €2,503
mainly Debts after one year (-€17,244) and Trade debts (-€5,022)
- Debts after one year -€17,244
down €17,244 (-10.0%), from €172,657 to €155,413
- Trade debts -€5,022
down €5,022 (-30.9%), from €16,277 to €11,255
- Other debts +€3,834
up €3,834 (+3.8%), from €100,858 to €104,691
- Gross operating margin -€15,016
down €15,016 (-21.3%), from €70,417 to €55,402
- Staff costs -€3,105
down €3,105 (-8.1%), from €38,554 to €35,449
- Financial charges -€1,765
down €1,765 (-24.9%), from €7,091 to €5,327
- Financial income -€765
no longer reported in 2025 (was €765)
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 | €336,891 | €317,116 | -€19,775 | -5.9% |
| Fixed assets | 21/28 | €287,716 | €278,106 | -€9,610 | -3.3% |
| Tangible fixed assets | 22/27 | €286,366 | €276,756 | -€9,610 | -3.4% |
| Land and buildings | 22 | €237,414 | €233,050 | -€4,364 | -1.8% |
| Plant, machinery and equipment | 23 | €1,728 | €1,564 | -€164 | -9.5% |
| Furniture and vehicles | 24 | €880 | €395 | -€485 | -55.1% |
| Other tangible fixed assets | 26 | €46,345 | €41,747 | -€4,598 | -9.9% |
| Financial fixed assets | 28 | €1,350 | €1,350 | = | 0.0% |
| Current assets | 29/58 | €49,175 | €39,010 | -€10,165 | -20.7% |
| Stocks and contracts in progress | 3 | €22,021 | €22,643 | +€622 | +2.8% |
| Stocks | 30/36 | €22,021 | €22,643 | +€622 | +2.8% |
| Amounts receivable within one year | 40/41 | €5,937 | €5,088 | -€849 | -14.3% |
| Trade receivables | 40 | €5,019 | €3,553 | -€1,466 | -29.2% |
| Other amounts receivable | 41 | €917 | €1,535 | +€618 | +67.3% |
| Cash at bank and in hand | 54/58 | €10,295 | €2,503 | -€7,791 | -75.7% |
| Deferred charges and accrued income | 490/1 | €10,922 | €8,776 | -€2,146 | -19.6% |
| Total equity and liabilities | 10/49 | €336,891 | €317,116 | -€19,775 | -5.9% |
| Equity | 10/15 | €18,658 | €18,658 | = | 0.0% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €12,358 | €12,358 | = | 0.0% |
| Distributable reserves | 133 | €12,358 | €12,358 | = | 0.0% |
| Amounts payable | 17/49 | €318,233 | €298,458 | -€19,775 | -6.2% |
| Amounts payable after more than one year | 17 | €172,657 | €155,413 | -€17,244 | -10.0% |
| Financial debts | 170/4 | €172,657 | €155,413 | -€17,244 | -10.0% |
| Amounts payable within one year | 42/48 | €143,472 | €142,645 | -€827 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €16,920 | €17,244 | +€325 | +1.9% |
| Trade debts | 44 | €16,277 | €11,255 | -€5,022 | -30.9% |
| Suppliers | 440/4 | €16,277 | €11,255 | -€5,022 | -30.9% |
| Taxes, remuneration and social security | 45 | €9,418 | €9,454 | +€36 | +0.4% |
| Taxes | 450/3 | €737 | €2,388 | +€1,651 | +224% |
| Remuneration and social security | 454/9 | €8,682 | €7,067 | -€1,615 | -18.6% |
| Other amounts payable | 47/48 | €100,858 | €104,691 | +€3,834 | +3.8% |
| Accrued charges and deferred income | 492/3 | €2,103 | €400 | -€1,704 | -81.0% |
| Remuneration, social security and pensions | 62 | €38,554 | €35,449 | -€3,105 | -8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,598 | €10,729 | +€130 | +1.2% |
| Other operating charges | 640/8 | €2,440 | €2,578 | +€138 | +5.7% |
| Gross operating margin | 9900 | €70,417 | €55,402 | -€15,016 | -21.3% |
| Operating profit (loss) | 9901 | €18,825 | €6,645 | -€12,180 | -64.7% |
| Financial income | 75/76B | €765 | - | -€765 | |
| Recurring financial income | 75 | €765 | - | -€765 | |
| Financial charges | 65/66B | €7,091 | €5,327 | -€1,765 | -24.9% |
| Recurring financial charges | 65 | €7,091 | €5,327 | -€1,765 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | €12,498 | €1,319 | -€11,180 | -89.4% |
| Income taxes | 67/77 | €1,083 | €465 | -€618 | -57.0% |
| Profit (loss) for the period | 9904 | €11,416 | €853 | -€10,562 | -92.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,416 | €853 | -€10,562 | -92.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.