NATURAL EVOLUTION 21: 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 EVOLUTION 21
Largest movements
- Receivables within one year -€15,118
down €15,118 (-36.2%), from €41,717 to €26,599
of which Other amounts receivable: -€19,758
- Stocks and contracts +€10,000
up €10,000 (+66.7%), from €15,000 to €25,000
- Cash -€5,575
down €5,575 (-72.5%), from €7,692 to €2,117
mainly Investment in fixed assets (net) (-€22,000) and Tax, wage and social debts (-€19,927)
- Tax, wage and social debts -€19,927
down €19,927 (-45.8%), from €43,490 to €23,564
of which Taxes: -€12,265
- Other debts +€16,410
up €16,410 (+114.7%), from €14,310 to €30,720
- Trade debts +€12,527
up €12,527 (+264.1%), from €4,744 to €17,271
- Debts after one year -€11,731
down €11,731 (-27.1%), from €43,297 to €31,566
- Profit (loss) carried forward -€8,213
down €8,213, from €2,971 to -€5,242
- Gross operating margin +€51,156
up €51,156 (+48.8%), from €104,813 to €155,969
- Depreciation +€7,441
up €7,441 (+52.0%), from €14,320 to €21,761
- Staff costs +€5,562
up €5,562 (+4.5%), from €123,652 to €129,214
- Financial charges +€4,572
up €4,572 (+241.2%), from €1,896 to €6,468
- Other operating charges +€2,042
up €2,042 (+45.8%), from €4,463 to €6,506
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 | €140,524 | €130,070 | -€10,454 | -7.4% |
| Fixed assets | 21/28 | €76,115 | €76,354 | +€239 | +0.3% |
| Tangible fixed assets | 22/27 | €75,215 | €75,454 | +€239 | +0.3% |
| Plant, machinery and equipment | 23 | €636 | €0 | -€636 | -100.0% |
| Furniture and vehicles | 24 | €74,579 | €75,454 | +€875 | +1.2% |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €64,409 | €53,716 | -€10,693 | -16.6% |
| Stocks and contracts in progress | 3 | €15,000 | €25,000 | +€10,000 | +66.7% |
| Stocks | 30/36 | €15,000 | €25,000 | +€10,000 | +66.7% |
| Amounts receivable within one year | 40/41 | €41,717 | €26,599 | -€15,118 | -36.2% |
| Trade receivables | 40 | €21,476 | €26,116 | +€4,640 | +21.6% |
| Other amounts receivable | 41 | €20,242 | €483 | -€19,758 | -97.6% |
| Cash at bank and in hand | 54/58 | €7,692 | €2,117 | -€5,575 | -72.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €140,524 | €130,070 | -€10,454 | -7.4% |
| Equity | 10/15 | €23,431 | €15,218 | -€8,213 | -35.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,971 | -€5,242 | -€8,213 | |
| Amounts payable | 17/49 | €117,093 | €114,853 | -€2,241 | -1.9% |
| Amounts payable after more than one year | 17 | €43,297 | €31,566 | -€11,731 | -27.1% |
| Financial debts | 170/4 | €43,297 | €31,566 | -€11,731 | -27.1% |
| Amounts payable within one year | 42/48 | €73,796 | €83,286 | +€9,491 | +12.9% |
| Current portion of amounts payable after more than one year | 42 | €11,251 | €11,731 | +€480 | +4.3% |
| Trade debts | 44 | €4,744 | €17,271 | +€12,527 | +264.1% |
| Suppliers | 440/4 | €4,744 | €17,271 | +€12,527 | +264.1% |
| Taxes, remuneration and social security | 45 | €43,490 | €23,564 | -€19,927 | -45.8% |
| Taxes | 450/3 | €13,872 | €1,607 | -€12,265 | -88.4% |
| Remuneration and social security | 454/9 | €29,618 | €21,956 | -€7,662 | -25.9% |
| Other amounts payable | 47/48 | €14,310 | €30,720 | +€16,410 | +114.7% |
| Non-recurring operating income | 76A | €4,980 | €14,176 | +€9,196 | +184.7% |
| Remuneration, social security and pensions | 62 | €123,652 | €129,214 | +€5,562 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,320 | €21,761 | +€7,441 | +52.0% |
| Other operating charges | 640/8 | €4,463 | €6,506 | +€2,042 | +45.8% |
| Gross operating margin | 9900 | €104,813 | €155,969 | +€51,156 | +48.8% |
| Operating profit (loss) | 9901 | -€37,622 | -€1,512 | +€36,110 | +96.0% |
| Financial charges | 65/66B | €1,896 | €6,468 | +€4,572 | +241.2% |
| Recurring financial charges | 65 | €1,896 | €6,468 | +€4,572 | +241.2% |
| Profit (loss) for the period before taxes | 9903 | -€39,518 | -€7,980 | +€31,538 | +79.8% |
| Income taxes | 67/77 | €227 | €233 | +€7 | +3.0% |
| Profit (loss) for the period | 9904 | -€39,745 | -€8,213 | +€31,531 | +79.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,745 | -€8,213 | +€31,531 | +79.3% |
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 10 October 2026 via checked.be.