NATURAL CORNER: 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.
NATURAL CORNER
Largest movements
- Cash +€62,190
up €62,190 (+16.3%), from €382,447 to €444,637
mainly Net result for the year (+€150,887) and Depreciation (+€14,285)
- Stocks and contracts +€28,713
up €28,713 (+29.3%), from €98,158 to €126,872
- Profit (loss) carried forward +€150,887
up €150,887 (+1,722%), from €8,760 to €159,647
- Other debts -€44,345
down €44,345 (-8.2%), from €540,141 to €495,796
- Trade debts -€35,025
down €35,025 (-59.8%), from €58,562 to €23,537
- Tax, wage and social debts +€10,956
up €10,956 (+93.3%), from €11,747 to €22,703
of which Taxes: +€9,901
- Gross operating margin +€42,564
up €42,564 (+10.8%), from €393,256 to €435,819
- Staff costs +€20,998
up €20,998 (+11.7%), from €179,830 to €200,827
- Taxes +€4,392
up €4,392 (+9.2%), from €47,702 to €52,094
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 | €719,872 | €802,152 | +€82,280 | +11.4% |
| Fixed assets | 21/28 | €215,671 | €207,654 | -€8,016 | -3.7% |
| Tangible fixed assets | 22/27 | €215,280 | €207,264 | -€8,016 | -3.7% |
| Land and buildings | 22 | €206,111 | €197,548 | -€8,563 | -4.2% |
| Plant, machinery and equipment | 23 | €2,216 | €845 | -€1,371 | -61.9% |
| Furniture and vehicles | 24 | €6,953 | €8,871 | +€1,918 | +27.6% |
| Financial fixed assets | 28 | €391 | €391 | = | 0.0% |
| Current assets | 29/58 | €504,202 | €594,498 | +€90,297 | +17.9% |
| Stocks and contracts in progress | 3 | €98,158 | €126,872 | +€28,713 | +29.3% |
| Stocks | 30/36 | €98,158 | €126,872 | +€28,713 | +29.3% |
| Amounts receivable within one year | 40/41 | €18,987 | €18,389 | -€599 | -3.2% |
| Trade receivables | 40 | €18,987 | €17,413 | -€1,574 | -8.3% |
| Other amounts receivable | 41 | - | €975 | +€975 | |
| Cash at bank and in hand | 54/58 | €382,447 | €444,637 | +€62,190 | +16.3% |
| Deferred charges and accrued income | 490/1 | €4,609 | €4,601 | -€8 | -0.2% |
| Total equity and liabilities | 10/49 | €719,872 | €802,152 | +€82,280 | +11.4% |
| Equity | 10/15 | €75,040 | €225,927 | +€150,887 | +201% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €47,680 | €47,680 | = | 0.0% |
| Non-distributable reserves | 130/1 | €47,659 | €47,659 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €45,799 | €45,799 | = | 0.0% |
| Tax-exempt reserves | 132 | €21 | €21 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,760 | €159,647 | +€150,887 | +1,722% |
| Amounts payable | 17/49 | €644,832 | €576,225 | -€68,606 | -10.6% |
| Amounts payable within one year | 42/48 | €644,832 | €575,871 | -€68,961 | -10.7% |
| Current portion of amounts payable after more than one year | 42 | €34,382 | €33,835 | -€547 | -1.6% |
| Trade debts | 44 | €58,562 | €23,537 | -€35,025 | -59.8% |
| Suppliers | 440/4 | €58,562 | €23,537 | -€35,025 | -59.8% |
| Taxes, remuneration and social security | 45 | €11,747 | €22,703 | +€10,956 | +93.3% |
| Taxes | 450/3 | €11,747 | €21,649 | +€9,901 | +84.3% |
| Remuneration and social security | 454/9 | - | €1,055 | +€1,055 | |
| Other amounts payable | 47/48 | €540,141 | €495,796 | -€44,345 | -8.2% |
| Accrued charges and deferred income | 492/3 | - | €354 | +€354 | |
| Remuneration, social security and pensions | 62 | €179,830 | €200,827 | +€20,998 | +11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,563 | €14,285 | +€1,722 | +13.7% |
| Other operating charges | 640/8 | €4,261 | €4,387 | +€126 | +3.0% |
| Gross operating margin | 9900 | €393,256 | €435,819 | +€42,564 | +10.8% |
| Operating profit (loss) | 9901 | €196,602 | €216,320 | +€19,719 | +10.0% |
| Financial income | 75/76B | €1,476 | €1,601 | +€124 | +8.4% |
| Recurring financial income | 75 | €1,476 | €1,601 | +€124 | +8.4% |
| Financial charges | 65/66B | €16,376 | €14,940 | -€1,436 | -8.8% |
| Recurring financial charges | 65 | €16,376 | €14,940 | -€1,436 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €181,702 | €202,981 | +€21,279 | +11.7% |
| Income taxes | 67/77 | €47,702 | €52,094 | +€4,392 | +9.2% |
| Profit (loss) for the period | 9904 | €134,000 | €150,887 | +€16,887 | +12.6% |
| Profit (loss) for the period to be appropriated | 9905 | €134,000 | €150,887 | +€16,887 | +12.6% |
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 17 October 2026 via checked.be.