Natthida: 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.
Natthida
Largest movements
- Stocks and contracts -€2,693
down €2,693 (-39.9%), from €6,759 to €4,065
- Tangible fixed assets +€1,329
up €1,329 (+339%), from €393 to €1,722
of which Furniture and vehicles: +€1,722
- Cash +€423
up €423 (+16.7%), from €2,527 to €2,949
mainly Other debts (+€32,562) and Stocks and contracts (+€2,693)
- Profit (loss) carried forward -€33,334
down €33,334 (-27.8%), from -€119,746 to -€153,080
- Other debts +€32,562
up €32,562 (+30.7%), from €106,146 to €138,708
- Tax, wage and social debts -€1,830
down €1,830 (-66.2%), from €2,766 to €936
- Trade debts +€1,300
up €1,300 (+79.9%), from €1,628 to €2,928
- Accrued charges and deferred income +€360
new in 2025: €360
- Other operating charges -€734
down €734 (-49.6%), from €1,479 to €745
- Gross operating margin +€656
up €656 (+2.0%), from -€32,204 to -€31,548
- Financial charges -€328
down €328 (-53.7%), from €610 to €282
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 | €9,678 | €8,737 | -€941 | -9.7% |
| Fixed assets | 21/28 | €393 | €1,722 | +€1,329 | +339% |
| Tangible fixed assets | 22/27 | €393 | €1,722 | +€1,329 | +339% |
| Plant, machinery and equipment | 23 | €393 | €0 | -€393 | -100% |
| Furniture and vehicles | 24 | - | €1,722 | +€1,722 | |
| Current assets | 29/58 | €9,286 | €7,015 | -€2,271 | -24.5% |
| Stocks and contracts in progress | 3 | €6,759 | €4,065 | -€2,693 | -39.9% |
| Stocks | 30/36 | €6,759 | €4,065 | -€2,693 | -39.9% |
| Cash at bank and in hand | 54/58 | €2,527 | €2,949 | +€423 | +16.7% |
| Total equity and liabilities | 10/49 | €9,678 | €8,737 | -€941 | -9.7% |
| Equity | 10/15 | -€100,861 | -€134,195 | -€33,334 | -33.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €285 | €285 | = | 0.0% |
| Distributable reserves | 133 | €285 | €285 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€119,746 | -€153,080 | -€33,334 | -27.8% |
| Amounts payable | 17/49 | €110,540 | €142,932 | +€32,392 | +29.3% |
| Amounts payable within one year | 42/48 | €110,540 | €142,572 | +€32,032 | +29.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,628 | €2,928 | +€1,300 | +79.9% |
| Suppliers | 440/4 | €1,628 | €2,928 | +€1,300 | +79.9% |
| Taxes, remuneration and social security | 45 | €2,766 | €936 | -€1,830 | -66.2% |
| Taxes | 450/3 | €2,766 | €936 | -€1,830 | -66.2% |
| Other amounts payable | 47/48 | €106,146 | €138,708 | +€32,562 | +30.7% |
| Accrued charges and deferred income | 492/3 | - | €360 | +€360 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €808 | €759 | -€49 | -6.1% |
| Other operating charges | 640/8 | €1,479 | €745 | -€734 | -49.6% |
| Gross operating margin | 9900 | -€32,204 | -€31,548 | +€656 | +2.0% |
| Operating profit (loss) | 9901 | -€34,490 | -€33,051 | +€1,439 | +4.2% |
| Financial income | 75/76B | €18 | €0 | -€18 | -100% |
| Recurring financial income | 75 | €18 | €0 | -€18 | -100% |
| Financial charges | 65/66B | €610 | €282 | -€328 | -53.7% |
| Recurring financial charges | 65 | €610 | €282 | -€328 | -53.7% |
| Profit (loss) for the period before taxes | 9903 | -€35,082 | -€33,334 | +€1,748 | +5.0% |
| Profit (loss) for the period | 9904 | -€35,082 | -€33,334 | +€1,748 | +5.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,082 | -€33,334 | +€1,748 | +5.0% |
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 14 October 2026 via checked.be.