NATUCA: 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.
NATUCA
Largest movements
- Receivables within one year -€39,887
down €39,887 (-2.7%), from €1.5m to €1.4m
of which Other amounts receivable: -€39,887
- Trade debts -€40,008
down €40,008 (-22.6%), from €176,972 to €136,964
- Other debts +€29,544
up €29,544 (+24.3%), from €121,496 to €151,040
- Tax, wage and social debts -€24,879
down €24,879 (-50.8%), from €48,943 to €24,064
of which Remuneration and social security: -€20,250
- Gross operating margin +€4,800
up €4,800 (+67.4%), from €7,117 to €11,917
- Depreciation +€3,437
up €3,437 (+97.8%), from €3,515 to €6,952
- Financial charges +€1,186
up €1,186 (+9.4%), from €12,648 to €13,834
- Other operating charges -€206
down €206 (-0.9%), from €22,563 to €22,357
- Financial income +€140
up €140 (+1.1%), from €13,080 to €13,220
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 | €2,031,265 | €1,983,612 | -€47,652 | -2.3% |
| Fixed assets | 21/28 | €532,179 | €525,227 | -€6,952 | -1.3% |
| Tangible fixed assets | 22/27 | €31,304 | €24,352 | -€6,952 | -22.2% |
| Plant, machinery and equipment | 23 | €943 | €686 | -€258 | -27.3% |
| Furniture and vehicles | 24 | €30,360 | €23,667 | -€6,694 | -22.0% |
| Financial fixed assets | 28 | €500,875 | €500,875 | = | 0.0% |
| Current assets | 29/58 | €1,499,086 | €1,458,385 | -€40,701 | -2.7% |
| Amounts receivable within one year | 40/41 | €1,477,709 | €1,437,822 | -€39,887 | -2.7% |
| Trade receivables | 40 | €14,848 | €14,848 | = | 0.0% |
| Other amounts receivable | 41 | €1,462,861 | €1,422,975 | -€39,887 | -2.7% |
| Cash at bank and in hand | 54/58 | €1,071 | €0 | -€1,071 | -100.0% |
| Deferred charges and accrued income | 490/1 | €20,307 | €20,563 | +€257 | +1.3% |
| Total equity and liabilities | 10/49 | €2,031,265 | €1,983,612 | -€47,652 | -2.3% |
| Equity | 10/15 | €1,404,107 | €1,385,958 | -€18,148 | -1.3% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €1,342,133 | €1,323,985 | -€18,148 | -1.4% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €1,279,686 | €1,261,537 | -€18,148 | -1.4% |
| Amounts payable | 17/49 | €627,158 | €597,654 | -€29,504 | -4.7% |
| Amounts payable after more than one year | 17 | €130,000 | €130,000 | = | 0.0% |
| Financial debts | 170/4 | €130,000 | €130,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €493,701 | €463,054 | -€30,647 | -6.2% |
| Financial debts | 43 | €146,290 | €150,986 | +€4,696 | +3.2% |
| Credit institutions | 430/8 | €146,290 | €150,986 | +€4,696 | +3.2% |
| Trade debts | 44 | €176,972 | €136,964 | -€40,008 | -22.6% |
| Suppliers | 440/4 | €176,972 | €136,964 | -€40,008 | -22.6% |
| Taxes, remuneration and social security | 45 | €48,943 | €24,064 | -€24,879 | -50.8% |
| Taxes | 450/3 | €4,943 | €314 | -€4,629 | -93.6% |
| Remuneration and social security | 454/9 | €44,000 | €23,750 | -€20,250 | -46.0% |
| Other amounts payable | 47/48 | €121,496 | €151,040 | +€29,544 | +24.3% |
| Accrued charges and deferred income | 492/3 | €3,457 | €4,600 | +€1,143 | +33.1% |
| Non-recurring operating income | 76A | €17,915 | €0 | -€17,915 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,515 | €6,952 | +€3,437 | +97.8% |
| Other operating charges | 640/8 | €22,563 | €22,357 | -€206 | -0.9% |
| Gross operating margin | 9900 | €7,117 | €11,917 | +€4,800 | +67.4% |
| Operating profit (loss) | 9901 | -€18,961 | -€17,392 | +€1,569 | +8.3% |
| Financial income | 75/76B | €13,080 | €13,220 | +€140 | +1.1% |
| Recurring financial income | 75 | €13,080 | €13,220 | +€140 | +1.1% |
| Financial charges | 65/66B | €12,648 | €13,834 | +€1,186 | +9.4% |
| Recurring financial charges | 65 | €12,648 | €13,834 | +€1,186 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | -€18,528 | -€18,006 | +€523 | +2.8% |
| Income taxes | 67/77 | €195 | €143 | -€52 | -26.7% |
| Profit (loss) for the period | 9904 | -€18,723 | -€18,148 | +€575 | +3.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,723 | -€18,148 | +€575 | +3.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.