Nathalie Parent: 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.
Nathalie Parent
Largest movements
- Cash +€191,308
up €191,308 (+131%), from €146,353 to €337,661
mainly Other debts (+€332,941) and Net result for the year (+€226,839)
- Receivables within one year -€18,817
down €18,817 (-15.8%), from €119,024 to €100,208
of which Trade receivables: -€18,708
- Tangible fixed assets -€15,913
down €15,913 (-24.6%), from €64,608 to €48,695
of which Furniture and vehicles: -€15,913
- Other debts +€332,941
up €332,941 (+175%), from €190,082 to €523,022
- Profit (loss) carried forward -€102,998
no longer reported in 2025 (was €102,998)
- Trade debts -€79,376
down €79,376 (-96.9%), from €81,887 to €2,512
- Tax, wage and social debts +€37,719
up €37,719 (+123%), from €30,669 to €68,388
- Debts after one year -€30,384
down €30,384 (-36.1%), from €84,085 to €53,702
- Gross operating margin +€159,582
up €159,582 (+101%), from €157,563 to €317,145
- Taxes +€45,019
up €45,019 (+151%), from €29,742 to €74,761
- Other operating charges -€5,170
down €5,170 (-77.6%), from €6,666 to €1,496
- Financial charges -€4,143
down €4,143 (-46.4%), from €8,929 to €4,786
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 | €523,422 | €680,007 | +€156,584 | +29.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €64,608 | €48,695 | -€15,913 | -24.6% |
| Tangible fixed assets | 22/27 | €64,608 | €48,695 | -€15,913 | -24.6% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €64,608 | €48,695 | -€15,913 | -24.6% |
| Current assets | 29/58 | €458,814 | €631,312 | +€172,497 | +37.6% |
| Amounts receivable after more than one year | 29 | €190,000 | €190,000 | = | 0.0% |
| Trade receivables | 290 | €190,000 | €190,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €119,024 | €100,208 | -€18,817 | -15.8% |
| Trade receivables | 40 | €116,658 | €97,950 | -€18,708 | -16.0% |
| Other amounts receivable | 41 | €2,366 | €2,258 | -€108 | -4.6% |
| Cash at bank and in hand | 54/58 | €146,353 | €337,661 | +€191,308 | +131% |
| Deferred charges and accrued income | 490/1 | €3,437 | €3,443 | +€6 | +0.2% |
| Total equity and liabilities | 10/49 | €523,422 | €680,007 | +€156,584 | +29.9% |
| Equity | 10/15 | €104,998 | €2,000 | -€102,998 | -98.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €102,998 | - | -€102,998 | |
| Amounts payable | 17/49 | €418,424 | €678,007 | +€259,582 | +62.0% |
| Amounts payable after more than one year | 17 | €84,085 | €53,702 | -€30,384 | -36.1% |
| Financial debts | 170/4 | €84,085 | €53,702 | -€30,384 | -36.1% |
| Amounts payable within one year | 42/48 | €334,286 | €624,305 | +€290,019 | +86.8% |
| Current portion of amounts payable after more than one year | 42 | €29,078 | €30,384 | +€1,306 | +4.5% |
| Financial debts | 43 | €2,570 | - | -€2,570 | |
| Credit institutions | 430/8 | €2,570 | - | -€2,570 | |
| Trade debts | 44 | €81,887 | €2,512 | -€79,376 | -96.9% |
| Suppliers | 440/4 | €81,887 | €2,512 | -€79,376 | -96.9% |
| Taxes, remuneration and social security | 45 | €30,669 | €68,388 | +€37,719 | +123% |
| Taxes | 450/3 | €30,669 | €68,388 | +€37,719 | +123% |
| Other amounts payable | 47/48 | €190,082 | €523,022 | +€332,941 | +175% |
| Accrued charges and deferred income | 492/3 | €53 | - | -€53 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,019 | €15,913 | +€894 | +6.0% |
| Other operating charges | 640/8 | €6,666 | €1,496 | -€5,170 | -77.6% |
| Gross operating margin | 9900 | €157,563 | €317,145 | +€159,582 | +101% |
| Operating profit (loss) | 9901 | €135,878 | €299,735 | +€163,857 | +121% |
| Financial income | 75/76B | €6,650 | €6,650 | = | 0.0% |
| Recurring financial income | 75 | €6,650 | €6,650 | = | 0.0% |
| Financial charges | 65/66B | €8,929 | €4,786 | -€4,143 | -46.4% |
| Recurring financial charges | 65 | €8,929 | €4,786 | -€4,143 | -46.4% |
| Profit (loss) for the period before taxes | 9903 | €133,599 | €301,600 | +€168,000 | +126% |
| Income taxes | 67/77 | €29,742 | €74,761 | +€45,019 | +151% |
| Profit (loss) for the period | 9904 | €103,857 | €226,839 | +€122,982 | +118% |
| Profit (loss) for the period to be appropriated | 9905 | €103,857 | €226,839 | +€122,982 | +118% |
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 28 October 2026 via checked.be.