Nat or Not: 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.
Nat or Not
Largest movements
- Stocks and contracts -€7,920
down €7,920 (-15.7%), from €50,557 to €42,637
- Current investments +€1,043
new in 2024: €1,043
- Cash +€940
up €940 (+21.1%), from €4,465 to €5,405
mainly Stocks and contracts (+€7,920) and Other debts (+€3,283)
- Profit (loss) carried forward -€14,768
down €14,768, from €8,394 to -€6,374
- Other debts +€3,283
up €3,283 (+7.0%), from €46,985 to €50,268
- Trade debts +€2,900
up €2,900 (+182%), from €1,594 to €4,494
- Tax, wage and social debts +€1,846
up €1,846 (+111%), from €1,667 to €3,513
- Advances received +€805
up €805 (+322%), from €250 to €1,055
- Purchases and services +€42,501
up €42,501 (+170%), from €24,959 to €67,460
- Gross operating margin -€29,750
down €29,750, from €15,452 to -€14,298
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €61,889 | €55,955 | -€5,934 | -9.6% |
| Current assets | 29/58 | €61,889 | €55,955 | -€5,934 | -9.6% |
| Stocks and contracts in progress | 3 | €50,557 | €42,637 | -€7,920 | -15.7% |
| Stocks | 30/36 | €50,557 | €42,637 | -€7,920 | -15.7% |
| Amounts receivable within one year | 40/41 | €6,867 | €6,870 | +€3 | 0.0% |
| Trade receivables | 40 | €6,867 | €6,870 | +€3 | 0.0% |
| Current investments | 50/53 | - | €1,043 | +€1,043 | |
| Cash at bank and in hand | 54/58 | €4,465 | €5,405 | +€940 | +21.1% |
| Total equity and liabilities | 10/49 | €61,889 | €55,955 | -€5,934 | -9.6% |
| Equity | 10/15 | €11,394 | -€3,374 | -€14,768 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,394 | -€6,374 | -€14,768 | |
| Amounts payable | 17/49 | €50,496 | €59,329 | +€8,834 | +17.5% |
| Amounts payable within one year | 42/48 | €50,496 | €59,329 | +€8,834 | +17.5% |
| Trade debts | 44 | €1,594 | €4,494 | +€2,900 | +182% |
| Suppliers | 440/4 | €1,594 | €4,494 | +€2,900 | +182% |
| Advances received on contracts in progress | 46 | €250 | €1,055 | +€805 | +322% |
| Taxes, remuneration and social security | 45 | €1,667 | €3,513 | +€1,846 | +111% |
| Taxes | 450/3 | €1,667 | €3,513 | +€1,846 | +111% |
| Other amounts payable | 47/48 | €46,985 | €50,268 | +€3,283 | +7.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €24,959 | €67,460 | +€42,501 | +170% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €15,452 | -€14,298 | -€29,750 | |
| Operating profit (loss) | 9901 | €15,068 | -€14,685 | -€29,753 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €24 | €83 | +€59 | +245% |
| Recurring financial charges | 65 | €24 | €83 | +€59 | +245% |
| Profit (loss) for the period before taxes | 9903 | €15,045 | -€14,768 | -€29,813 | |
| Profit (loss) for the period | 9904 | €15,045 | -€14,768 | -€29,813 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,045 | -€14,768 | -€29,813 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.