Naturo: 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.
Naturo
Largest movements
- Cash +€53,833
up €53,833 (+63.0%), from €85,465 to €139,298
mainly Other debts (+€363,243) and Net result for the year (+€175,525)
- Tangible fixed assets +€25,303
up €25,303 (+8.6%), from €293,495 to €318,798
of which Furniture and vehicles: +€23,114
- Receivables within one year -€13,756
down €13,756 (-9.9%), from €139,363 to €125,607
of which Other amounts receivable: -€8,210
- Other debts +€363,243
up €363,243 (+403.0%), from €90,141 to €453,384
- Reserves -€324,475
down €324,475 (-74.0%), from €438,393 to €113,918
- Debts after one year +€29,633
up €29,633 (+14.5%), from €204,973 to €234,606
- Tax, wage and social debts -€8,789
down €8,789 (-66.7%), from €13,176 to €4,387
- Gross operating margin -€68,918
down €68,918 (-21.0%), from €328,795 to €259,877
- Taxes -€11,889
down €11,889 (-17.2%), from €69,309 to €57,420
- Depreciation +€9,983
up €9,983 (+156.6%), from €6,375 to €16,358
- Financial charges +€6,711
up €6,711 (+118.6%), from €5,660 to €12,370
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 | €773,343 | €840,727 | +€67,383 | +8.7% |
| Fixed assets | 21/28 | €293,505 | €318,808 | +€25,303 | +8.6% |
| Tangible fixed assets | 22/27 | €293,495 | €318,798 | +€25,303 | +8.6% |
| Land and buildings | 22 | €264,999 | €262,228 | -€2,771 | -1.0% |
| Plant, machinery and equipment | 23 | €595 | €5,554 | +€4,959 | +833.7% |
| Furniture and vehicles | 24 | €27,902 | €51,016 | +€23,114 | +82.8% |
| Financial fixed assets | 28 | €10 | €10 | = | 0.0% |
| Current assets | 29/58 | €479,838 | €521,919 | +€42,081 | +8.8% |
| Amounts receivable within one year | 40/41 | €139,363 | €125,607 | -€13,756 | -9.9% |
| Trade receivables | 40 | €5,546 | - | -€5,546 | |
| Other amounts receivable | 41 | €133,817 | €125,607 | -€8,210 | -6.1% |
| Current investments | 50/53 | €251,102 | €252,782 | +€1,680 | +0.7% |
| Cash at bank and in hand | 54/58 | €85,465 | €139,298 | +€53,833 | +63.0% |
| Deferred charges and accrued income | 490/1 | €3,908 | €4,232 | +€324 | +8.3% |
| Total equity and liabilities | 10/49 | €773,343 | €840,727 | +€67,383 | +8.7% |
| Equity | 10/15 | €443,393 | €118,918 | -€324,475 | -73.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €438,393 | €113,918 | -€324,475 | -74.0% |
| Distributable reserves | 133 | €438,393 | €113,918 | -€324,475 | -74.0% |
| Amounts payable | 17/49 | €329,950 | €721,809 | +€391,859 | +118.8% |
| Amounts payable after more than one year | 17 | €204,973 | €234,606 | +€29,633 | +14.5% |
| Financial debts | 170/4 | €204,973 | €234,606 | +€29,633 | +14.5% |
| Amounts payable within one year | 42/48 | €124,977 | €487,203 | +€362,226 | +289.8% |
| Current portion of amounts payable after more than one year | 42 | €11,203 | €16,617 | +€5,414 | +48.3% |
| Trade debts | 44 | €10,457 | €12,815 | +€2,358 | +22.6% |
| Suppliers | 440/4 | €10,457 | €12,815 | +€2,358 | +22.6% |
| Taxes, remuneration and social security | 45 | €13,176 | €4,387 | -€8,789 | -66.7% |
| Taxes | 450/3 | €13,176 | €4,387 | -€8,789 | -66.7% |
| Other amounts payable | 47/48 | €90,141 | €453,384 | +€363,243 | +403.0% |
| Non-recurring operating income | 76A | €6,280 | - | -€6,280 | |
| Remuneration, social security and pensions | 62 | €1,800 | - | -€1,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,375 | €16,358 | +€9,983 | +156.6% |
| Other operating charges | 640/8 | €816 | €765 | -€51 | -6.2% |
| Gross operating margin | 9900 | €328,795 | €259,877 | -€68,918 | -21.0% |
| Operating profit (loss) | 9901 | €319,804 | €242,754 | -€77,050 | -24.1% |
| Financial income | 75/76B | €1,122 | €2,561 | +€1,439 | +128.2% |
| Recurring financial income | 75 | €1,122 | €2,561 | +€1,439 | +128.2% |
| Financial charges | 65/66B | €5,660 | €12,370 | +€6,711 | +118.6% |
| Recurring financial charges | 65 | €5,660 | €12,370 | +€6,711 | +118.6% |
| Profit (loss) for the period before taxes | 9903 | €315,267 | €232,944 | -€82,322 | -26.1% |
| Income taxes | 67/77 | €69,309 | €57,420 | -€11,889 | -17.2% |
| Profit (loss) for the period | 9904 | €245,958 | €175,525 | -€70,433 | -28.6% |
| Profit (loss) for the period to be appropriated | 9905 | €245,958 | €175,525 | -€70,433 | -28.6% |
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 11 October 2026 via checked.be.