NATHALIA: 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.
NATHALIA
Largest movements
- Cash +€29,362
up €29,362, from €0 to €29,362
mainly Other debts (+€30,104) and Depreciation (+€23,766)
- Tangible fixed assets -€23,766
down €23,766 (-8.2%), from €291,378 to €267,612
- Deferred charges and accrued income -€3,495
down €3,495 (-27.0%), from €12,946 to €9,451
- Other debts +€30,104
up €30,104 (+20.4%), from €147,558 to €177,662
- Debts after one year -€26,189
down €26,189 (-26.2%), from €100,094 to €73,905
- Gross operating margin -€389
down €389 (-1.2%), from €32,934 to €32,544
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 | €304,324 | €306,425 | +€2,101 | +0.7% |
| Fixed assets | 21/28 | €291,378 | €267,612 | -€23,766 | -8.2% |
| Tangible fixed assets | 22/27 | €291,378 | €267,612 | -€23,766 | -8.2% |
| Land and buildings | 22 | €291,378 | €267,612 | -€23,766 | -8.2% |
| Current assets | 29/58 | €12,946 | €38,813 | +€25,867 | +200% |
| Cash at bank and in hand | 54/58 | €0 | €29,362 | +€29,362 | |
| Deferred charges and accrued income | 490/1 | €12,946 | €9,451 | -€3,495 | -27.0% |
| Total equity and liabilities | 10/49 | €304,324 | €306,425 | +€2,101 | +0.7% |
| Equity | 10/15 | €21,512 | €22,893 | +€1,381 | +6.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | - | €1,375 | +€1,375 | |
| Distributable reserves | 133 | - | €1,375 | +€1,375 | |
| Profit (loss) carried forward | 14 | €15,312 | €15,318 | +€6 | 0.0% |
| Amounts payable | 17/49 | €282,812 | €283,532 | +€720 | +0.3% |
| Amounts payable after more than one year | 17 | €100,094 | €73,905 | -€26,189 | -26.2% |
| Financial debts | 170/4 | €100,094 | €73,905 | -€26,189 | -26.2% |
| Amounts payable within one year | 42/48 | €178,055 | €207,379 | +€29,324 | +16.5% |
| Current portion of amounts payable after more than one year | 42 | €25,854 | €26,189 | +€335 | +1.3% |
| Trade debts | 44 | €4,411 | €3,391 | -€1,020 | -23.1% |
| Suppliers | 440/4 | €4,411 | €3,391 | -€1,020 | -23.1% |
| Taxes, remuneration and social security | 45 | €232 | €138 | -€95 | -40.8% |
| Taxes | 450/3 | €232 | €138 | -€95 | -40.8% |
| Other amounts payable | 47/48 | €147,558 | €177,662 | +€30,104 | +20.4% |
| Accrued charges and deferred income | 492/3 | €4,663 | €2,248 | -€2,415 | -51.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,768 | €23,766 | -€2 | 0.0% |
| Other operating charges | 640/8 | €3,360 | €3,406 | +€46 | +1.4% |
| Gross operating margin | 9900 | €32,934 | €32,544 | -€389 | -1.2% |
| Operating profit (loss) | 9901 | €5,806 | €5,373 | -€433 | -7.5% |
| Financial charges | 65/66B | €3,980 | €3,854 | -€126 | -3.2% |
| Recurring financial charges | 65 | €3,980 | €3,854 | -€126 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €1,826 | €1,519 | -€307 | -16.8% |
| Income taxes | 67/77 | - | €138 | +€138 | |
| Profit (loss) for the period | 9904 | €1,826 | €1,381 | -€444 | -24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,826 | €1,381 | -€444 | -24.3% |
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 13 October 2026 via checked.be.