NATACHA HATFIELD: 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.
NATACHA HATFIELD
Largest movements
- Receivables within one year -€4,793
down €4,793 (-76.6%), from €6,261 to €1,468
of which Trade receivables: -€6,031
- Cash +€973
up €973 (+283%), from €343 to €1,317
mainly Receivables within one year (+€4,793) and Other debts (+€3,622)
- Financial fixed assets -€510
down €510 (-100%), from €510 to €0
- Tax, wage and social debts -€4,657
no longer reported in 2025 (was €4,657)
of which Remuneration and social security: -€3,951
- Other debts +€3,622
up €3,622 (+87.2%), from €4,154 to €7,776
- Profit (loss) carried forward -€3,438
down €3,438 (-2.2%), from -€154,232 to -€157,670
- Trade debts +€144
up €144 (+560%), from €26 to €170
- Turnover -€35,875
no longer reported in 2025 (was €35,875)
- Gross operating margin -€33,742
down €33,742, from €30,846 to -€2,896
- Financial charges -€8,836
down €8,836 (-98.4%), from €8,979 to €143
- Purchases and services -€947
down €947 (-18.8%), from €5,029 to €4,082
- Other operating charges -€388
down €388 (-49.2%), from €788 to €400
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 | €7,115 | €2,785 | -€4,330 | -60.9% |
| Fixed assets | 21/28 | €510 | €0 | -€510 | -100% |
| Financial fixed assets | 28 | €510 | €0 | -€510 | -100% |
| Current assets | 29/58 | €6,605 | €2,785 | -€3,820 | -57.8% |
| Amounts receivable within one year | 40/41 | €6,261 | €1,468 | -€4,793 | -76.6% |
| Trade receivables | 40 | €6,253 | €223 | -€6,031 | -96.4% |
| Other amounts receivable | 41 | €8 | €1,246 | +€1,238 | +15,452% |
| Cash at bank and in hand | 54/58 | €343 | €1,317 | +€973 | +283% |
| Total equity and liabilities | 10/49 | €7,115 | €2,785 | -€4,330 | -60.9% |
| Equity | 10/15 | -€135,632 | -€139,070 | -€3,438 | -2.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€154,232 | -€157,670 | -€3,438 | -2.2% |
| Amounts payable | 17/49 | €142,746 | €141,855 | -€892 | -0.6% |
| Amounts payable after more than one year | 17 | €133,909 | €133,909 | = | 0.0% |
| Other amounts payable | 178/9 | €133,909 | €133,909 | = | 0.0% |
| Amounts payable within one year | 42/48 | €8,837 | €7,945 | -€892 | -10.1% |
| Trade debts | 44 | €26 | €170 | +€144 | +560% |
| Suppliers | 440/4 | €26 | €170 | +€144 | +560% |
| Taxes, remuneration and social security | 45 | €4,657 | - | -€4,657 | |
| Taxes | 450/3 | €706 | - | -€706 | |
| Remuneration and social security | 454/9 | €3,951 | - | -€3,951 | |
| Other amounts payable | 47/48 | €4,154 | €7,776 | +€3,622 | +87.2% |
| Turnover | 70 | €35,875 | - | -€35,875 | |
| Goods, raw materials, services and sundry goods | 60/61 | €5,029 | €4,082 | -€947 | -18.8% |
| Other operating charges | 640/8 | €788 | €400 | -€388 | -49.2% |
| Gross operating margin | 9900 | €30,846 | -€2,896 | -€33,742 | |
| Operating profit (loss) | 9901 | €30,059 | -€3,295 | -€33,354 | |
| Financial income | 75/76B | €55 | €0 | -€55 | -99.7% |
| Recurring financial income | 75 | €55 | €0 | -€55 | -99.7% |
| Financial charges | 65/66B | €8,979 | €143 | -€8,836 | -98.4% |
| Recurring financial charges | 65 | €8,979 | €143 | -€8,836 | -98.4% |
| Profit (loss) for the period before taxes | 9903 | €21,135 | -€3,438 | -€24,573 | |
| Profit (loss) for the period | 9904 | €21,135 | -€3,438 | -€24,573 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,135 | -€3,438 | -€24,573 |
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 18 October 2026 via checked.be.