NASSEN CONSULT: 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.
NASSEN CONSULT
Largest movements
- Cash +€29,087
up €29,087 (+56.9%), from €51,117 to €80,204
mainly Net result for the year (+€36,759) and Tax, wage and social debts (+€5,465)
- Receivables within one year +€15,092
up €15,092 (+90.6%), from €16,658 to €31,750
of which Trade receivables: +€17,054
- Deferred charges and accrued income -€3,185
down €3,185 (-61.5%), from €5,175 to €1,990
- Reserves +€36,759
up €36,759 (+78.1%), from €47,040 to €83,799
- Tax, wage and social debts +€5,465
up €5,465 (+29.6%), from €18,494 to €23,959
- Gross operating margin +€12,299
up €12,299 (+32.8%), from €37,515 to €49,815
- Taxes +€1,585
up €1,585 (+16.7%), from €9,507 to €11,092
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 | €73,592 | €115,232 | +€41,640 | +56.6% |
| Fixed assets | 21/28 | €641 | €1,288 | +€646 | +101% |
| Tangible fixed assets | 22/27 | €641 | €1,288 | +€646 | +101% |
| Furniture and vehicles | 24 | €641 | €1,288 | +€646 | +101% |
| Current assets | 29/58 | €72,950 | €113,944 | +€40,994 | +56.2% |
| Amounts receivable within one year | 40/41 | €16,658 | €31,750 | +€15,092 | +90.6% |
| Trade receivables | 40 | €13,836 | €30,891 | +€17,054 | +123% |
| Other amounts receivable | 41 | €2,822 | €859 | -€1,962 | -69.5% |
| Cash at bank and in hand | 54/58 | €51,117 | €80,204 | +€29,087 | +56.9% |
| Deferred charges and accrued income | 490/1 | €5,175 | €1,990 | -€3,185 | -61.5% |
| Total equity and liabilities | 10/49 | €73,592 | €115,232 | +€41,640 | +56.6% |
| Equity | 10/15 | €52,040 | €88,799 | +€36,759 | +70.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €47,040 | €83,799 | +€36,759 | +78.1% |
| Distributable reserves | 133 | €47,040 | €83,799 | +€36,759 | +78.1% |
| Amounts payable | 17/49 | €21,551 | €26,432 | +€4,881 | +22.6% |
| Amounts payable within one year | 42/48 | €21,551 | €26,432 | +€4,881 | +22.6% |
| Trade debts | 44 | €3,057 | €2,473 | -€584 | -19.1% |
| Suppliers | 440/4 | €3,057 | €2,473 | -€584 | -19.1% |
| Taxes, remuneration and social security | 45 | €18,494 | €23,959 | +€5,465 | +29.6% |
| Taxes | 450/3 | €18,494 | €23,959 | +€5,465 | +29.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €372 | €427 | +€56 | +15.0% |
| Other operating charges | 640/8 | €716 | €672 | -€44 | -6.2% |
| Gross operating margin | 9900 | €37,515 | €49,815 | +€12,299 | +32.8% |
| Operating profit (loss) | 9901 | €36,427 | €48,715 | +€12,288 | +33.7% |
| Financial income | 75/76B | €0 | €299 | +€299 | +271,545% |
| Recurring financial income | 75 | €0 | €299 | +€299 | +271,545% |
| Financial charges | 65/66B | €1,118 | €1,163 | +€45 | +4.0% |
| Recurring financial charges | 65 | €1,118 | €1,163 | +€45 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €35,310 | €47,851 | +€12,541 | +35.5% |
| Income taxes | 67/77 | €9,507 | €11,092 | +€1,585 | +16.7% |
| Profit (loss) for the period | 9904 | €25,803 | €36,759 | +€10,956 | +42.5% |
| Profit (loss) for the period to be appropriated | 9905 | €25,803 | €36,759 | +€10,956 | +42.5% |
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 14 October 2026 via checked.be.