NaTECHSOLUTION: what changed
Two fiscal 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.
NaTECHSOLUTION
Largest movements
- Cash +€140,063
up €140,063 (+412.5%), from €33,955 to €174,018
mainly Net result for the year (+€194,692) and Current investments (+€35,000)
- Receivables within one year +€62,874
up €62,874 (+175.4%), from €35,856 to €98,730
of which Trade receivables: +€43,118
- Current investments -€35,000
down €35,000 (-7.2%), from €485,000 to €450,000
- Tangible fixed assets +€25,496
up €25,496 (+81.5%), from €31,275 to €56,771
of which Furniture and vehicles: +€25,728
- Reserves +€194,692
up €194,692 (+41.4%), from €469,909 to €664,601
- Other debts -€23,195
no longer reported in 2025 (was €23,195)
- Tax, wage and social debts +€18,677
up €18,677 (+21.2%), from €87,982 to €106,659
- Gross operating margin +€19,869
up €19,869 (+6.8%), from €294,331 to €314,200
- Taxes +€14,722
up €14,722 (+16.7%), from €87,982 to €102,704
- Financial income +€10,950
up €10,950 (+204.5%), from €5,354 to €16,304
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.
Cash bridge derived
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 | €586,086 | €780,696 | +€194,610 | +33.2% |
| Fixed assets | 21/28 | €31,275 | €56,771 | +€25,496 | +81.5% |
| Tangible fixed assets | 22/27 | €31,275 | €56,771 | +€25,496 | +81.5% |
| Furniture and vehicles | 24 | €29,343 | €55,071 | +€25,728 | +87.7% |
| Other tangible fixed assets | 26 | €1,932 | €1,700 | -€232 | -12.0% |
| Current assets | 29/58 | €554,811 | €723,925 | +€169,114 | +30.5% |
| Amounts receivable within one year | 40/41 | €35,856 | €98,730 | +€62,874 | +175.4% |
| Trade receivables | 40 | €33,022 | €76,140 | +€43,118 | +130.6% |
| Other amounts receivable | 41 | €2,834 | €22,590 | +€19,756 | +697.1% |
| Current investments | 50/53 | €485,000 | €450,000 | -€35,000 | -7.2% |
| Cash at bank and in hand | 54/58 | €33,955 | €174,018 | +€140,063 | +412.5% |
| Deferred charges and accrued income | 490/1 | - | €1,177 | +€1,177 | |
| Total equity and liabilities | 10/49 | €586,086 | €780,696 | +€194,610 | +33.2% |
| Equity | 10/15 | €474,909 | €669,601 | +€194,692 | +41.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €469,909 | €664,601 | +€194,692 | +41.4% |
| Distributable reserves | 133 | €469,909 | €664,601 | +€194,692 | +41.4% |
| Amounts payable | 17/49 | €111,177 | €111,095 | -€82 | -0.1% |
| Amounts payable within one year | 42/48 | €111,177 | €111,095 | -€82 | -0.1% |
| Trade debts | 44 | - | €4,436 | +€4,436 | |
| Suppliers | 440/4 | - | €4,436 | +€4,436 | |
| Taxes, remuneration and social security | 45 | €87,982 | €106,659 | +€18,677 | +21.2% |
| Taxes | 450/3 | €87,982 | €106,659 | +€18,677 | +21.2% |
| Other amounts payable | 47/48 | €23,195 | - | -€23,195 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,487 | €13,560 | +€2,073 | +18.0% |
| Other operating charges | 640/8 | €17,606 | €18,527 | +€921 | +5.2% |
| Gross operating margin | 9900 | €294,331 | €314,200 | +€19,869 | +6.8% |
| Operating profit (loss) | 9901 | €265,238 | €282,113 | +€16,875 | +6.4% |
| Financial income | 75/76B | €5,354 | €16,304 | +€10,950 | +204.5% |
| Recurring financial income | 75 | €5,354 | €16,304 | +€10,950 | +204.5% |
| Financial charges | 65/66B | €855 | €1,021 | +€166 | +19.4% |
| Recurring financial charges | 65 | €855 | €1,021 | +€166 | +19.4% |
| Profit (loss) for the period before taxes | 9903 | €269,737 | €297,396 | +€27,659 | +10.3% |
| Income taxes | 67/77 | €87,982 | €102,704 | +€14,722 | +16.7% |
| Profit (loss) for the period | 9904 | €181,755 | €194,692 | +€12,937 | +7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €181,755 | €194,692 | +€12,937 | +7.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.