Nassau Technics: 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 Technics
Largest movements
- Cash +€19,179
up €19,179 (+15.2%), from €126,220 to €145,399
mainly Tax, wage and social debts (+€24,906) and Trade debts (+€18,353)
- Tangible fixed assets +€14,696
up €14,696 (+37.6%), from €39,075 to €53,771
- Receivables within one year +€7,934
up €7,934 (+8.7%), from €91,005 to €98,938
of which Trade receivables: +€8,667
- Deferred charges and accrued income +€3,998
up €3,998 (+68.8%), from €5,809 to €9,808
- Tax, wage and social debts +€24,906
up €24,906 (+48.8%), from €51,018 to €75,924
of which Remuneration and social security: +€26,594
- Trade debts +€18,353
up €18,353 (+27.1%), from €67,846 to €86,199
- Staff costs +€37,833
up €37,833 (+11.5%), from €328,933 to €366,766
- Gross operating margin +€25,404
up €25,404 (+6.9%), from €370,440 to €395,845
- Depreciation +€6,019
up €6,019 (+59.6%), from €10,103 to €16,122
- Other operating charges -€5,006
down €5,006 (-77.9%), from €6,424 to €1,418
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 | €338,162 | €380,785 | +€42,623 | +12.6% |
| Fixed assets | 21/28 | €39,195 | €53,891 | +€14,696 | +37.5% |
| Tangible fixed assets | 22/27 | €39,075 | €53,771 | +€14,696 | +37.6% |
| Furniture and vehicles | 24 | €39,075 | €53,771 | +€14,696 | +37.6% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €298,968 | €326,895 | +€27,927 | +9.3% |
| Stocks and contracts in progress | 3 | €75,934 | €72,750 | -€3,184 | -4.2% |
| Stocks | 30/36 | €74,112 | €68,153 | -€5,959 | -8.0% |
| Contracts in progress | 37 | €1,822 | €4,597 | +€2,775 | +152% |
| Amounts receivable within one year | 40/41 | €91,005 | €98,938 | +€7,934 | +8.7% |
| Trade receivables | 40 | €90,233 | €98,900 | +€8,667 | +9.6% |
| Other amounts receivable | 41 | €771 | €38 | -€733 | -95.1% |
| Cash at bank and in hand | 54/58 | €126,220 | €145,399 | +€19,179 | +15.2% |
| Deferred charges and accrued income | 490/1 | €5,809 | €9,808 | +€3,998 | +68.8% |
| Total equity and liabilities | 10/49 | €338,162 | €380,785 | +€42,623 | +12.6% |
| Equity | 10/15 | €216,637 | €218,662 | +€2,025 | +0.9% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €106,637 | €108,662 | +€2,025 | +1.9% |
| Amounts payable | 17/49 | €121,525 | €162,123 | +€40,598 | +33.4% |
| Amounts payable within one year | 42/48 | €121,525 | €162,123 | +€40,598 | +33.4% |
| Trade debts | 44 | €67,846 | €86,199 | +€18,353 | +27.1% |
| Suppliers | 440/4 | €67,846 | €86,199 | +€18,353 | +27.1% |
| Advances received on contracts in progress | 46 | €2,660 | - | -€2,660 | |
| Taxes, remuneration and social security | 45 | €51,018 | €75,924 | +€24,906 | +48.8% |
| Taxes | 450/3 | €23,264 | €21,575 | -€1,689 | -7.3% |
| Remuneration and social security | 454/9 | €27,755 | €54,349 | +€26,594 | +95.8% |
| Remuneration, social security and pensions | 62 | €328,933 | €366,766 | +€37,833 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,103 | €16,122 | +€6,019 | +59.6% |
| Other operating charges | 640/8 | €6,424 | €1,418 | -€5,006 | -77.9% |
| Gross operating margin | 9900 | €370,440 | €395,845 | +€25,404 | +6.9% |
| Operating profit (loss) | 9901 | €24,981 | €11,539 | -€13,442 | -53.8% |
| Financial income | 75/76B | €5 | €17 | +€12 | +259% |
| Recurring financial income | 75 | €5 | €17 | +€12 | +259% |
| Financial charges | 65/66B | €203 | €156 | -€47 | -23.3% |
| Recurring financial charges | 65 | €203 | €156 | -€47 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | €24,783 | €11,400 | -€13,383 | -54.0% |
| Income taxes | 67/77 | €11,201 | €9,375 | -€1,826 | -16.3% |
| Profit (loss) for the period | 9904 | €13,582 | €2,025 | -€11,557 | -85.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,582 | €2,025 | -€11,557 | -85.1% |
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 21 October 2026 via checked.be.