Naturo Construct: 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.
Naturo Construct
Largest movements
- Receivables within one year +€156,852
up €156,852 (+85.9%), from €182,656 to €339,509
of which Trade receivables: +€140,586
- Advances received +€93,650
new in 2025: €93,650
- Profit (loss) carried forward +€91,274
up €91,274 (+175.8%), from €51,908 to €143,182
- Other debts -€30,486
down €30,486 (-75.6%), from €40,322 to €9,836
- Tax, wage and social debts +€12,398
up €12,398 (+295.0%), from €4,202 to €16,600
of which Taxes: +€12,470
- Short-term financial debts -€10,293
down €10,293 (-51.5%), from €19,985 to €9,692
- Gross operating margin +€107,747
up €107,747 (+279.7%), from €38,516 to €146,263
- Taxes +€12,470
new in 2025: €12,470
- Staff costs +€9,086
up €9,086 (+60.2%), from €15,083 to €24,170
- Depreciation -€7,138
down €7,138 (-40.4%), from €17,677 to €10,538
- Financial charges -€3,043
down €3,043 (-40.5%), from €7,513 to €4,469
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €211,851 | €367,165 | +€155,314 | +73.3% |
| Fixed assets | 21/28 | €29,195 | €27,656 | -€1,538 | -5.3% |
| Tangible fixed assets | 22/27 | €29,195 | €27,656 | -€1,538 | -5.3% |
| Furniture and vehicles | 24 | €29,195 | €27,656 | -€1,538 | -5.3% |
| Current assets | 29/58 | €182,656 | €339,509 | +€156,852 | +85.9% |
| Amounts receivable within one year | 40/41 | €182,656 | €339,509 | +€156,852 | +85.9% |
| Trade receivables | 40 | €180,143 | €320,729 | +€140,586 | +78.0% |
| Other amounts receivable | 41 | €2,513 | €18,780 | +€16,267 | +647.2% |
| Total equity and liabilities | 10/49 | €211,851 | €367,165 | +€155,314 | +73.3% |
| Equity | 10/15 | €54,908 | €146,182 | +€91,274 | +166.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Outside capital | 11 | €3,000 | €3,000 | = | 0.0% |
| Other | 1109/19 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,908 | €143,182 | +€91,274 | +175.8% |
| Amounts payable | 17/49 | €156,943 | €220,983 | +€64,040 | +40.8% |
| Amounts payable after more than one year | 17 | €31,266 | €22,136 | -€9,131 | -29.2% |
| Financial debts | 170/4 | €31,266 | €22,136 | -€9,131 | -29.2% |
| Amounts payable within one year | 42/48 | €125,677 | €198,848 | +€73,170 | +58.2% |
| Financial debts | 43 | €19,985 | €9,692 | -€10,293 | -51.5% |
| Credit institutions | 430/8 | €19,985 | €9,692 | -€10,293 | -51.5% |
| Trade debts | 44 | €61,168 | €69,069 | +€7,902 | +12.9% |
| Suppliers | 440/4 | €61,168 | €69,069 | +€7,902 | +12.9% |
| Advances received on contracts in progress | 46 | - | €93,650 | +€93,650 | |
| Taxes, remuneration and social security | 45 | €4,202 | €16,600 | +€12,398 | +295.0% |
| Taxes | 450/3 | - | €12,470 | +€12,470 | |
| Remuneration and social security | 454/9 | €4,202 | €4,130 | -€72 | -1.7% |
| Other amounts payable | 47/48 | €40,322 | €9,836 | -€30,486 | -75.6% |
| Remuneration, social security and pensions | 62 | €15,083 | €24,170 | +€9,086 | +60.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,677 | €10,538 | -€7,138 | -40.4% |
| Other operating charges | 640/8 | €2,348 | €3,349 | +€1,000 | +42.6% |
| Non-recurring operating charges | 66A | €14,621 | - | -€14,621 | |
| Gross operating margin | 9900 | €38,516 | €146,263 | +€107,747 | +279.7% |
| Operating profit (loss) | 9901 | -€11,214 | €108,206 | +€119,419 | |
| Financial income | 75/76B | €2 | €8 | +€6 | +314.2% |
| Recurring financial income | 75 | €2 | €8 | +€6 | +314.2% |
| Financial charges | 65/66B | €7,513 | €4,469 | -€3,043 | -40.5% |
| Recurring financial charges | 65 | €7,513 | €4,469 | -€3,043 | -40.5% |
| Profit (loss) for the period before taxes | 9903 | -€18,724 | €103,744 | +€122,468 | |
| Income taxes | 67/77 | - | €12,470 | +€12,470 | |
| Profit (loss) for the period | 9904 | -€18,724 | €91,274 | +€109,998 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,724 | €91,274 | +€109,998 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.