Natra: 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.
Natra
Largest movements
- Receivables within one year -€1.4m
down €1.4m (-94.9%), from €1.5m to €77,675
of which Trade receivables: -€1.5m
- Current investments +€1.1m
up €1.1m (+182%), from €587,597 to €1.7m
- Receivables after one year -€1.0m
down €1.0m (-28.1%), from €3.6m to €2.6m
- Cash +€306,728
up €306,728 (+29.5%), from €1.0m to €1.3m
mainly Receivables within one year (+€1.4m) and Receivables after one year (+€1.0m)
- Stocks and contracts +€149,405
up €149,405 (+28.3%), from €528,125 to €677,530
- Profit (loss) carried forward -€1.2m
down €1.2m (-100%), from €1.2m to €0
- Other debts +€740,720
up €740,720 (+13.7%), from €5.4m to €6.1m
- Trade debts -€454,011
down €454,011 (-88.8%), from €511,416 to €57,405
- Gross operating margin +€279,618
up €279,618 (+41.6%), from €672,176 to €951,795
- Financial income -€273,563
down €273,563 (-78.8%), from €347,019 to €73,456
- Staff costs +€20,832
up €20,832 (+7.8%), from €268,107 to €288,939
- Taxes -€15,661
down €15,661 (-8.6%), from €181,407 to €165,745
- Financial charges +€11,754
up €11,754 (+18.7%), from €62,916 to €74,670
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 | €7,307,037 | €6,392,665 | -€914,372 | -12.5% |
| Fixed assets | 21/28 | €32,913 | €35,912 | +€2,999 | +9.1% |
| Tangible fixed assets | 22/27 | €5,895 | €8,894 | +€2,999 | +50.9% |
| Furniture and vehicles | 24 | €5,308 | €8,454 | +€3,146 | +59.3% |
| Other tangible fixed assets | 26 | €587 | €440 | -€147 | -25.0% |
| Financial fixed assets | 28 | €27,018 | €27,018 | = | 0.0% |
| Current assets | 29/58 | €7,274,125 | €6,356,754 | -€917,371 | -12.6% |
| Amounts receivable after more than one year | 29 | €3,605,204 | €2,593,244 | -€1.0m | -28.1% |
| Other amounts receivable | 291 | €3,605,204 | €2,593,244 | -€1.0m | -28.1% |
| Stocks and contracts in progress | 3 | €528,125 | €677,530 | +€149,405 | +28.3% |
| Stocks | 30/36 | €528,125 | €677,530 | +€149,405 | +28.3% |
| Amounts receivable within one year | 40/41 | €1,510,014 | €77,675 | -€1.4m | -94.9% |
| Trade receivables | 40 | €1,451,361 | €0 | -€1.5m | -100% |
| Other amounts receivable | 41 | €58,652 | €77,675 | +€19,023 | +32.4% |
| Current investments | 50/53 | €587,597 | €1,656,407 | +€1.1m | +182% |
| Cash at bank and in hand | 54/58 | €1,039,910 | €1,346,638 | +€306,728 | +29.5% |
| Deferred charges and accrued income | 490/1 | €3,276 | €5,260 | +€1,984 | +60.6% |
| Total equity and liabilities | 10/49 | €7,307,037 | €6,392,665 | -€914,372 | -12.5% |
| Equity | 10/15 | €1,305,841 | €68,200 | -€1.2m | -94.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,237,641 | €0 | -€1.2m | -100% |
| Amounts payable | 17/49 | €6,001,196 | €6,324,465 | +€323,269 | +5.4% |
| Amounts payable within one year | 42/48 | €6,001,196 | €6,324,465 | +€323,269 | +5.4% |
| Financial debts | 43 | €0 | €47 | +€47 | |
| Credit institutions | 430/8 | €0 | €47 | +€47 | |
| Trade debts | 44 | €511,416 | €57,405 | -€454,011 | -88.8% |
| Suppliers | 440/4 | €511,416 | €57,405 | -€454,011 | -88.8% |
| Taxes, remuneration and social security | 45 | €89,639 | €126,153 | +€36,514 | +40.7% |
| Taxes | 450/3 | €51,452 | €51,591 | +€139 | +0.3% |
| Remuneration and social security | 454/9 | €38,187 | €74,562 | +€36,375 | +95.3% |
| Other amounts payable | 47/48 | €5,400,141 | €6,140,861 | +€740,720 | +13.7% |
| Remuneration, social security and pensions | 62 | €268,107 | €288,939 | +€20,832 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,349 | €3,374 | +€25 | +0.8% |
| Other operating charges | 640/8 | €6,315 | €3,470 | -€2,844 | -45.0% |
| Gross operating margin | 9900 | €672,176 | €951,795 | +€279,618 | +41.6% |
| Operating profit (loss) | 9901 | €394,406 | €656,011 | +€261,605 | +66.3% |
| Financial income | 75/76B | €347,019 | €73,456 | -€273,563 | -78.8% |
| Recurring financial income | 75 | €347,019 | €73,456 | -€273,563 | -78.8% |
| Financial charges | 65/66B | €62,916 | €74,670 | +€11,754 | +18.7% |
| Recurring financial charges | 65 | €62,916 | €74,670 | +€11,754 | +18.7% |
| Profit (loss) for the period before taxes | 9903 | €678,509 | €654,797 | -€23,712 | -3.5% |
| Income taxes | 67/77 | €181,407 | €165,745 | -€15,661 | -8.6% |
| Profit (loss) for the period | 9904 | €497,103 | €489,052 | -€8,051 | -1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €497,103 | €489,052 | -€8,051 | -1.6% |
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 26 October 2026 via checked.be.