NATIORABE: 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.
NATIORABE
Largest movements
- Receivables within one year +€64,203
up €64,203 (+1865.0%), from €3,443 to €67,646
of which Trade receivables: +€63,278
- Stocks and contracts +€30,801
up €30,801 (+961.5%), from €3,204 to €34,004
- Cash -€5,632
down €5,632 (-56.7%), from €9,941 to €4,308
mainly Receivables within one year (-€64,203) and Stocks and contracts (-€30,801)
- Intangible fixed assets -€2,935
down €2,935 (-43.9%), from €6,691 to €3,756
- Trade debts +€51,164
up €51,164 (+988.7%), from €5,175 to €56,339
- Other debts +€23,194
new in 2024: €23,194
- Profit (loss) carried forward -€15,171
down €15,171, from €2,393 to -€12,778
- Debts after one year +€8,709
new in 2024: €8,709
- Tax, wage and social debts +€7,197
up €7,197 (+245.4%), from €2,933 to €10,130
- Gross operating margin -€16,524
down €16,524, from €8,339 to -€8,185
- Financial charges +€2,455
up €2,455 (+297.6%), from €825 to €3,280
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.
Cash bridge derived
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 | €25,447 | €111,074 | +€85,627 | +336.5% |
| Fixed assets | 21/28 | €8,860 | €5,115 | -€3,745 | -42.3% |
| Intangible fixed assets | 21 | €6,691 | €3,756 | -€2,935 | -43.9% |
| Tangible fixed assets | 22/27 | €2,169 | €1,359 | -€810 | -37.3% |
| Plant, machinery and equipment | 23 | €1,256 | €805 | -€452 | -35.9% |
| Furniture and vehicles | 24 | €912 | €554 | -€358 | -39.2% |
| Current assets | 29/58 | €16,587 | €105,959 | +€89,372 | +538.8% |
| Stocks and contracts in progress | 3 | €3,204 | €34,004 | +€30,801 | +961.5% |
| Stocks | 30/36 | €3,204 | €34,004 | +€30,801 | +961.5% |
| Amounts receivable within one year | 40/41 | €3,443 | €67,646 | +€64,203 | +1865.0% |
| Trade receivables | 40 | - | €63,278 | +€63,278 | |
| Other amounts receivable | 41 | €3,443 | €4,368 | +€926 | +26.9% |
| Cash at bank and in hand | 54/58 | €9,941 | €4,308 | -€5,632 | -56.7% |
| Total equity and liabilities | 10/49 | €25,447 | €111,074 | +€85,627 | +336.5% |
| Equity | 10/15 | €17,339 | €2,168 | -€15,171 | -87.5% |
| Contributions | 10/11 | €14,946 | €14,946 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,393 | -€12,778 | -€15,171 | |
| Amounts payable | 17/49 | €8,108 | €108,906 | +€100,798 | +1243.2% |
| Amounts payable after more than one year | 17 | - | €8,709 | +€8,709 | |
| Financial debts | 170/4 | - | €8,709 | +€8,709 | |
| Amounts payable within one year | 42/48 | €8,108 | €100,196 | +€92,089 | +1135.8% |
| Current portion of amounts payable after more than one year | 42 | - | €6,065 | +€6,065 | |
| Financial debts | 43 | - | €4,468 | +€4,468 | |
| Credit institutions | 430/8 | - | €4,468 | +€4,468 | |
| Trade debts | 44 | €5,175 | €56,339 | +€51,164 | +988.7% |
| Suppliers | 440/4 | €5,175 | €56,339 | +€51,164 | +988.7% |
| Taxes, remuneration and social security | 45 | €2,933 | €10,130 | +€7,197 | +245.4% |
| Taxes | 450/3 | €2,933 | €10,130 | +€7,197 | +245.4% |
| Other amounts payable | 47/48 | - | €23,194 | +€23,194 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,755 | €3,745 | -€10 | -0.3% |
| Other operating charges | 640/8 | €50 | - | -€50 | |
| Gross operating margin | 9900 | €8,339 | -€8,185 | -€16,524 | |
| Operating profit (loss) | 9901 | €4,534 | -€11,930 | -€16,464 | |
| Financial income | 75/76B | €0 | €39 | +€39 | +64400.0% |
| Recurring financial income | 75 | €0 | €39 | +€39 | +64400.0% |
| Financial charges | 65/66B | €825 | €3,280 | +€2,455 | +297.6% |
| Recurring financial charges | 65 | €825 | €3,280 | +€2,455 | +297.6% |
| Profit (loss) for the period before taxes | 9903 | €3,709 | -€15,171 | -€18,880 | |
| Profit (loss) for the period | 9904 | €3,709 | -€15,171 | -€18,880 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,709 | -€15,171 | -€18,880 |
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 9 October 2026 via checked.be.