Nasturtium: 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.
Nasturtium
Largest movements
- Receivables within one year +€41,272
up €41,272 (+841%), from €4,909 to €46,182
of which Other amounts receivable: +€24,748
- Cash +€35,399
up €35,399 (+387%), from €9,159 to €44,558
mainly Debts after one year (+€50,000) and Net result for the year (+€23,627)
- Current investments -€4,634
down €4,634 (-100%), from €4,634 to €0
- Tangible fixed assets +€1,470
new in 2025: €1,470
- Deferred charges and accrued income -€1,100
down €1,100 (-20.9%), from €5,258 to €4,158
- Debts after one year +€50,000
new in 2025: €50,000
- Profit (loss) carried forward +€23,627
new in 2025: €23,627
- Other debts -€7,643
down €7,643 (-46.2%), from €16,557 to €8,915
- Tax, wage and social debts +€5,030
up €5,030 (+128%), from €3,941 to €8,971
- Trade debts +€1,389
up €1,389 (+375%), from €371 to €1,760
- Gross operating margin +€29,169
up €29,169 (+620%), from €4,705 to €33,874
- Taxes +€5,460
up €5,460 (+471%), from €1,159 to €6,619
- Financial charges +€2,043
up €2,043 (+202%), from €1,011 to €3,054
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 | €24,061 | €97,067 | +€73,007 | +303% |
| Fixed assets | 21/28 | €100 | €2,170 | +€2,070 | +2,070% |
| Tangible fixed assets | 22/27 | - | €1,470 | +€1,470 | |
| Furniture and vehicles | 24 | - | €1,470 | +€1,470 | |
| Financial fixed assets | 28 | €100 | €700 | +€600 | +600% |
| Current assets | 29/58 | €23,961 | €94,898 | +€70,937 | +296% |
| Amounts receivable within one year | 40/41 | €4,909 | €46,182 | +€41,272 | +841% |
| Trade receivables | 40 | €4,894 | €21,418 | +€16,524 | +338% |
| Other amounts receivable | 41 | €16 | €24,764 | +€24,748 | +159,359% |
| Current investments | 50/53 | €4,634 | €0 | -€4,634 | -100% |
| Cash at bank and in hand | 54/58 | €9,159 | €44,558 | +€35,399 | +387% |
| Deferred charges and accrued income | 490/1 | €5,258 | €4,158 | -€1,100 | -20.9% |
| Total equity and liabilities | 10/49 | €24,061 | €97,067 | +€73,007 | +303% |
| Equity | 10/15 | €3,122 | €26,749 | +€23,627 | +757% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €2,122 | €2,122 | = | 0.0% |
| Distributable reserves | 133 | €2,122 | €2,122 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €23,627 | +€23,627 | |
| Amounts payable | 17/49 | €20,939 | €70,318 | +€49,380 | +236% |
| Amounts payable after more than one year | 17 | - | €50,000 | +€50,000 | |
| Financial debts | 170/4 | - | €50,000 | +€50,000 | |
| Amounts payable within one year | 42/48 | €20,939 | €19,793 | -€1,145 | -5.5% |
| Financial debts | 43 | €70 | €147 | +€78 | +112% |
| Credit institutions | 430/8 | €70 | €147 | +€78 | +112% |
| Trade debts | 44 | €371 | €1,760 | +€1,389 | +375% |
| Suppliers | 440/4 | €371 | €1,760 | +€1,389 | +375% |
| Taxes, remuneration and social security | 45 | €3,941 | €8,971 | +€5,030 | +128% |
| Taxes | 450/3 | €3,941 | €8,971 | +€5,030 | +128% |
| Other amounts payable | 47/48 | €16,557 | €8,915 | -€7,643 | -46.2% |
| Accrued charges and deferred income | 492/3 | - | €525 | +€525 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €136 | +€136 | |
| Other operating charges | 640/8 | €413 | €497 | +€83 | +20.2% |
| Gross operating margin | 9900 | €4,705 | €33,874 | +€29,169 | +620% |
| Operating profit (loss) | 9901 | €4,291 | €33,240 | +€28,949 | +675% |
| Financial income | 75/76B | €1 | €60 | +€59 | +3,938% |
| Recurring financial income | 75 | €1 | €60 | +€59 | +3,938% |
| Financial charges | 65/66B | €1,011 | €3,054 | +€2,043 | +202% |
| Recurring financial charges | 65 | €1,011 | €3,054 | +€2,043 | +202% |
| Profit (loss) for the period before taxes | 9903 | €3,281 | €30,246 | +€26,965 | +822% |
| Income taxes | 67/77 | €1,159 | €6,619 | +€5,460 | +471% |
| Profit (loss) for the period | 9904 | €2,122 | €23,627 | +€21,505 | +1,013% |
| Profit (loss) for the period to be appropriated | 9905 | €2,122 | €23,627 | +€21,505 | +1,013% |
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 19 October 2026 via checked.be.