NATIV: 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.
NATIV
Largest movements
- Cash -€462
down €462 (-93.3%), from €495 to €33
mainly Net result for the year (-€2,121) and Trade debts (-€126)
- Receivables within one year -€143
down €143 (-100%), from €143 to €0
- Profit (loss) carried forward -€2,121
down €2,121 (-37.3%), from -€5,688 to -€7,809
- Other debts +€1,642
new in 2025: €1,642
- Trade debts -€126
down €126 (-100%), from €126 to €0
- Gross operating margin -€696
down €696 (-78.3%), from -€889 to -€1,585
- Other operating charges -€388
down €388 (-45.7%), from €850 to €462
- Financial charges +€28
up €28 (+60.3%), from €46 to €74
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 | €638 | €33 | -€605 | -94.8% |
| Formation expenses | 20 | €0 | - | = | |
| Current assets | 29/58 | €638 | €33 | -€605 | -94.8% |
| Amounts receivable within one year | 40/41 | €143 | €0 | -€143 | -100% |
| Other amounts receivable | 41 | €143 | €0 | -€143 | -100% |
| Cash at bank and in hand | 54/58 | €495 | €33 | -€462 | -93.3% |
| Total equity and liabilities | 10/49 | €638 | €33 | -€605 | -94.8% |
| Equity | 10/15 | €512 | -€1,609 | -€2,121 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,688 | -€7,809 | -€2,121 | -37.3% |
| Amounts payable | 17/49 | €126 | €1,642 | +€1,516 | +1,207% |
| Amounts payable within one year | 42/48 | €126 | €1,642 | +€1,516 | +1,207% |
| Trade debts | 44 | €126 | €0 | -€126 | -100% |
| Suppliers | 440/4 | €126 | €0 | -€126 | -100% |
| Other amounts payable | 47/48 | - | €1,642 | +€1,642 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14 | €0 | -€14 | -100% |
| Other operating charges | 640/8 | €850 | €462 | -€388 | -45.7% |
| Gross operating margin | 9900 | -€889 | -€1,585 | -€696 | -78.3% |
| Operating profit (loss) | 9901 | -€1,753 | -€2,047 | -€294 | -16.8% |
| Financial income | 75/76B | €5 | €0 | -€5 | -100% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -100% |
| Financial charges | 65/66B | €46 | €74 | +€28 | +60.3% |
| Recurring financial charges | 65 | €46 | €74 | +€28 | +60.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,795 | -€2,121 | -€326 | -18.2% |
| Profit (loss) for the period | 9904 | -€1,795 | -€2,121 | -€326 | -18.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,795 | -€2,121 | -€326 | -18.2% |
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 15 October 2026 via checked.be.