NATRIUM: what changed
Two fiscal 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.
NATRIUM
Largest movements
- Tangible fixed assets +€292,849
up €292,849 (+69.9%), from €419,216 to €712,065
- Debts after one year +€300,038
up €300,038 (+71.8%), from €417,659 to €717,697
of which Financial debts: +€291,834
- Profit (loss) carried forward -€54,823
down €54,823, from €22,196 to -€32,627
- Other debts +€47,000
up €47,000 (+42.9%), from €109,675 to €156,675
- Purchases and services +€53,596
up €53,596 (+473.2%), from €11,327 to €64,923
- Gross operating margin -€46,417
down €46,417, from €45,071 to -€1,346
- Turnover +€7,179
up €7,179 (+12.7%), from €56,398 to €63,577
- Financial charges +€2,887
up €2,887 (+23.9%), from €12,102 to €14,989
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.
Cash bridge derived
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 | €635,664 | €925,418 | +€289,755 | +45.6% |
| Fixed assets | 21/28 | €419,216 | €712,065 | +€292,849 | +69.9% |
| Tangible fixed assets | 22/27 | €419,216 | €712,065 | +€292,849 | +69.9% |
| Land and buildings | 22 | €419,216 | €712,065 | +€292,849 | +69.9% |
| Current assets | 29/58 | €216,448 | €213,353 | -€3,095 | -1.4% |
| Stocks and contracts in progress | 3 | €198,583 | €198,583 | = | 0.0% |
| Stocks | 30/36 | €198,583 | €198,583 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,991 | €10,991 | = | 0.0% |
| Trade receivables | 40 | €10,991 | €10,991 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,694 | €1,838 | -€3,856 | -67.7% |
| Deferred charges and accrued income | 490/1 | €1,180 | €1,941 | +€761 | +64.5% |
| Total equity and liabilities | 10/49 | €635,664 | €925,418 | +€289,755 | +45.6% |
| Equity | 10/15 | €72,196 | €17,373 | -€54,823 | -75.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,196 | -€32,627 | -€54,823 | |
| Amounts payable | 17/49 | €563,467 | €908,045 | +€344,578 | +61.2% |
| Amounts payable after more than one year | 17 | €417,659 | €717,697 | +€300,038 | +71.8% |
| Financial debts | 170/4 | €397,945 | €689,779 | +€291,834 | +73.3% |
| Other amounts payable | 178/9 | €19,713 | €27,917 | +€8,204 | +41.6% |
| Amounts payable within one year | 42/48 | €143,892 | €189,245 | +€45,353 | +31.5% |
| Current portion of amounts payable after more than one year | 42 | €26,720 | €27,298 | +€578 | +2.2% |
| Trade debts | 44 | €5,742 | €4,546 | -€1,196 | -20.8% |
| Suppliers | 440/4 | €5,742 | €4,546 | -€1,196 | -20.8% |
| Advances received on contracts in progress | 46 | €726 | €726 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,029 | - | -€1,029 | |
| Taxes | 450/3 | €1,029 | - | -€1,029 | |
| Other amounts payable | 47/48 | €109,675 | €156,675 | +€47,000 | +42.9% |
| Accrued charges and deferred income | 492/3 | €1,917 | €1,104 | -€813 | -42.4% |
| Turnover | 70 | €56,398 | €63,577 | +€7,179 | +12.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €11,327 | €64,923 | +€53,596 | +473.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,685 | €27,782 | +€97 | +0.4% |
| Other operating charges | 640/8 | €5,954 | €6,218 | +€264 | +4.4% |
| Non-recurring operating charges | 66A | - | €4,187 | +€4,187 | |
| Gross operating margin | 9900 | €45,071 | -€1,346 | -€46,417 | |
| Operating profit (loss) | 9901 | €11,431 | -€39,533 | -€50,964 | |
| Financial charges | 65/66B | €12,102 | €14,989 | +€2,887 | +23.9% |
| Recurring financial charges | 65 | €12,102 | €14,989 | +€2,887 | +23.9% |
| Profit (loss) for the period before taxes | 9903 | -€671 | -€54,522 | -€53,851 | -8031.5% |
| Income taxes | 67/77 | - | €301 | +€301 | |
| Profit (loss) for the period | 9904 | -€671 | -€54,823 | -€54,152 | -8076.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€671 | -€54,823 | -€54,152 | -8076.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.