NATIVE NATION: 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.
NATIVE NATION
Largest movements
- Receivables within one year -€546,926
down €546,926 (-45.3%), from €1.2m to €659,700
- Other debts -€455,229
down €455,229 (-30.1%), from €1.5m to €1.1m
- Profit (loss) carried forward -€114,755
down €114,755 (-9.5%), from -€1.2m to -€1.3m
- Trade debts +€58,105
up €58,105 (+11.9%), from €486,773 to €544,878
- Tax, wage and social debts -€27,752
down €27,752 (-14.6%), from €189,783 to €162,031
of which Taxes: -€23,647
- Gross operating margin +€101,481
up €101,481 (+23.8%), from €426,211 to €527,691
- Staff costs +€41,318
up €41,318 (+7.5%), from €550,001 to €591,319
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 | €1,221,437 | €681,806 | -€539,631 | -44.2% |
| Fixed assets | 21/28 | €2,848 | €3,443 | +€594 | +20.9% |
| Tangible fixed assets | 22/27 | €2,848 | €3,368 | +€519 | +18.2% |
| Plant, machinery and equipment | 23 | €2,848 | €3,368 | +€519 | +18.2% |
| Financial fixed assets | 28 | - | €75 | +€75 | |
| Current assets | 29/58 | €1,218,589 | €678,363 | -€540,226 | -44.3% |
| Amounts receivable after more than one year | 29 | - | €0 | = | |
| Other amounts receivable | 291 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €1,206,626 | €659,700 | -€546,926 | -45.3% |
| Trade receivables | 40 | €1,206,626 | €659,700 | -€546,926 | -45.3% |
| Cash at bank and in hand | 54/58 | - | €3,340 | +€3,340 | |
| Deferred charges and accrued income | 490/1 | €11,963 | €15,323 | +€3,361 | +28.1% |
| Total equity and liabilities | 10/49 | €1,221,437 | €681,806 | -€539,631 | -44.2% |
| Equity | 10/15 | -€966,519 | -€1,081,274 | -€114,755 | -11.9% |
| Contributions | 10/11 | €208,350 | €208,350 | = | 0.0% |
| Reserves | 13 | €34,814 | €34,814 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,196 | €5,196 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,196 | €5,196 | = | 0.0% |
| Distributable reserves | 133 | €29,618 | €29,618 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,209,683 | -€1,324,438 | -€114,755 | -9.5% |
| Amounts payable | 17/49 | €2,187,956 | €1,763,079 | -€424,876 | -19.4% |
| Amounts payable within one year | 42/48 | €2,187,956 | €1,763,079 | -€424,876 | -19.4% |
| Trade debts | 44 | €486,773 | €544,878 | +€58,105 | +11.9% |
| Suppliers | 440/4 | €486,773 | €544,878 | +€58,105 | +11.9% |
| Taxes, remuneration and social security | 45 | €189,783 | €162,031 | -€27,752 | -14.6% |
| Taxes | 450/3 | €72,774 | €49,126 | -€23,647 | -32.5% |
| Remuneration and social security | 454/9 | €117,010 | €112,905 | -€4,105 | -3.5% |
| Other amounts payable | 47/48 | €1,511,400 | €1,056,170 | -€455,229 | -30.1% |
| Remuneration, social security and pensions | 62 | €550,001 | €591,319 | +€41,318 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,053 | €2,925 | +€872 | +42.5% |
| Other operating charges | 640/8 | €562 | €525 | -€38 | -6.7% |
| Gross operating margin | 9900 | €426,211 | €527,691 | +€101,481 | +23.8% |
| Operating profit (loss) | 9901 | -€126,406 | -€67,078 | +€59,328 | +46.9% |
| Financial income | 75/76B | €627 | - | -€627 | |
| Recurring financial income | 75 | €627 | - | -€627 | |
| Financial charges | 65/66B | €45,615 | €46,187 | +€572 | +1.3% |
| Recurring financial charges | 65 | €45,615 | €46,187 | +€572 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | -€171,393 | -€113,265 | +€58,129 | +33.9% |
| Income taxes | 67/77 | €630 | €1,490 | +€861 | +137% |
| Profit (loss) for the period | 9904 | -€172,023 | -€114,755 | +€57,268 | +33.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€172,023 | -€114,755 | +€57,268 | +33.3% |
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 29 October 2026 via checked.be.