NATUUR: 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.
NATUUR
Largest movements
- Stocks and contracts -€23,675
down €23,675 (-34.1%), from €69,500 to €45,825
- Receivables within one year -€13,420
down €13,420 (-27.5%), from €48,819 to €35,399
of which Other amounts receivable: -€14,128
- Cash -€1,301
down €1,301 (-16.8%), from €7,748 to €6,447
mainly Other debts (-€63,110) and Net result for the year (-€7,031)
- Other debts -€63,110
down €63,110 (-63.8%), from €98,895 to €35,785
- Debts after one year +€26,425
new in 2025: €26,425
- Current portion of long-term debt +€11,224
new in 2025: €11,224
- Profit (loss) carried forward -€7,031
down €7,031 (-27.1%), from -€25,940 to -€32,970
- Trade debts -€6,775
down €6,775 (-18.1%), from €37,462 to €30,688
- Financial charges +€24,736
up €24,736 (+33131.9%), from €75 to €24,811
- Gross operating margin -€2,491
down €2,491 (-11.9%), from €20,887 to €18,396
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 | €129,754 | €90,487 | -€39,266 | -30.3% |
| Formation expenses | 20 | - | €0 | = | |
| Current assets | 29/58 | €129,754 | €90,487 | -€39,266 | -30.3% |
| Stocks and contracts in progress | 3 | €69,500 | €45,825 | -€23,675 | -34.1% |
| Stocks | 30/36 | €69,500 | €45,825 | -€23,675 | -34.1% |
| Amounts receivable within one year | 40/41 | €48,819 | €35,399 | -€13,420 | -27.5% |
| Trade receivables | 40 | €27,923 | €28,631 | +€708 | +2.5% |
| Other amounts receivable | 41 | €20,896 | €6,768 | -€14,128 | -67.6% |
| Cash at bank and in hand | 54/58 | €7,748 | €6,447 | -€1,301 | -16.8% |
| Deferred charges and accrued income | 490/1 | €3,686 | €2,816 | -€870 | -23.6% |
| Total equity and liabilities | 10/49 | €129,754 | €90,487 | -€39,266 | -30.3% |
| Equity | 10/15 | -€7,340 | -€14,370 | -€7,031 | -95.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,940 | -€32,970 | -€7,031 | -27.1% |
| Amounts payable | 17/49 | €137,093 | €104,857 | -€32,236 | -23.5% |
| Amounts payable after more than one year | 17 | - | €26,425 | +€26,425 | |
| Financial debts | 170/4 | - | €26,425 | +€26,425 | |
| Amounts payable within one year | 42/48 | €137,093 | €78,433 | -€58,660 | -42.8% |
| Current portion of amounts payable after more than one year | 42 | - | €11,224 | +€11,224 | |
| Trade debts | 44 | €37,462 | €30,688 | -€6,775 | -18.1% |
| Suppliers | 440/4 | €37,462 | €30,688 | -€6,775 | -18.1% |
| Advances received on contracts in progress | 46 | €736 | €736 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €98,895 | €35,785 | -€63,110 | -63.8% |
| Other operating charges | 640/8 | €798 | €670 | -€129 | -16.1% |
| Gross operating margin | 9900 | €20,887 | €18,396 | -€2,491 | -11.9% |
| Operating profit (loss) | 9901 | €20,089 | €17,726 | -€2,363 | -11.8% |
| Financial income | 75/76B | €1 | €54 | +€53 | +4237.6% |
| Recurring financial income | 75 | €1 | €54 | +€53 | +4237.6% |
| Financial charges | 65/66B | €75 | €24,811 | +€24,736 | +33131.9% |
| Recurring financial charges | 65 | €75 | €24,811 | +€24,736 | +33131.9% |
| Profit (loss) for the period before taxes | 9903 | €20,015 | -€7,031 | -€27,046 | |
| Profit (loss) for the period | 9904 | €20,015 | -€7,031 | -€27,046 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,015 | -€7,031 | -€27,046 |
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.