NATUURPOLDER: 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.
NATUURPOLDER
Largest movements
- Cash -€51,979
down €51,979 (-8.5%), from €613,852 to €561,873
mainly Contributions, distributions and other (-€44,234) and Net result for the year (-€29,458)
- Tangible fixed assets -€41,386
down €41,386 (-6.5%), from €638,302 to €596,915
of which Land and buildings: -€39,349
- Reserves -€44,234
down €44,234 (-37.1%), from €119,255 to €75,021
- Profit (loss) carried forward -€29,458
down €29,458 (-6.3%), from €465,530 to €436,072
- Debts after one year -€18,000
down €18,000 (-8.4%), from €215,000 to €197,000
- Gross operating margin -€6,967
down €6,967 (-20.2%), from €34,512 to €27,546
- Financial income -€6,361
down €6,361 (-59.3%), from €10,730 to €4,369
- Financial charges -€5,705
down €5,705 (-27.8%), from €20,519 to €14,814
- Taxes +€3,213
up €3,213, from -€3,019 to €194
- Depreciation -€1,054
down €1,054 (-2.5%), from €42,440 to €41,386
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 | €1,270,750 | €1,177,824 | -€92,926 | -7.3% |
| Fixed assets | 21/28 | €638,302 | €596,915 | -€41,386 | -6.5% |
| Tangible fixed assets | 22/27 | €638,302 | €596,915 | -€41,386 | -6.5% |
| Land and buildings | 22 | €623,169 | €583,820 | -€39,349 | -6.3% |
| Plant, machinery and equipment | 23 | €10,702 | €9,921 | -€780 | -7.3% |
| Furniture and vehicles | 24 | €4,431 | €3,174 | -€1,257 | -28.4% |
| Current assets | 29/58 | €632,448 | €580,909 | -€51,540 | -8.1% |
| Amounts receivable within one year | 40/41 | €16,581 | €16,403 | -€178 | -1.1% |
| Trade receivables | 40 | €13,562 | €15,286 | +€1,724 | +12.7% |
| Other amounts receivable | 41 | €3,019 | €1,117 | -€1,902 | -63.0% |
| Cash at bank and in hand | 54/58 | €613,852 | €561,873 | -€51,979 | -8.5% |
| Deferred charges and accrued income | 490/1 | €2,016 | €2,634 | +€618 | +30.6% |
| Total equity and liabilities | 10/49 | €1,270,750 | €1,177,824 | -€92,926 | -7.3% |
| Equity | 10/15 | €1,033,311 | €959,618 | -€73,692 | -7.1% |
| Contributions | 10/11 | €448,525 | €448,525 | = | 0.0% |
| Reserves | 13 | €119,255 | €75,021 | -€44,234 | -37.1% |
| Distributable reserves | 133 | €119,255 | €75,021 | -€44,234 | -37.1% |
| Profit (loss) carried forward | 14 | €465,530 | €436,072 | -€29,458 | -6.3% |
| Amounts payable | 17/49 | €237,439 | €218,205 | -€19,234 | -8.1% |
| Amounts payable after more than one year | 17 | €215,000 | €197,000 | -€18,000 | -8.4% |
| Other amounts payable | 178/9 | €215,000 | €197,000 | -€18,000 | -8.4% |
| Amounts payable within one year | 42/48 | €5,196 | €7,258 | +€2,062 | +39.7% |
| Trade debts | 44 | €4,049 | €1,726 | -€2,323 | -57.4% |
| Suppliers | 440/4 | €4,049 | €1,726 | -€2,323 | -57.4% |
| Taxes, remuneration and social security | 45 | €1,147 | €5,532 | +€4,385 | +382% |
| Taxes | 450/3 | €1,147 | €5,532 | +€4,385 | +382% |
| Accrued charges and deferred income | 492/3 | €17,243 | €13,948 | -€3,295 | -19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,440 | €41,386 | -€1,054 | -2.5% |
| Other operating charges | 640/8 | €4,818 | €4,978 | +€160 | +3.3% |
| Gross operating margin | 9900 | €34,512 | €27,546 | -€6,967 | -20.2% |
| Operating profit (loss) | 9901 | -€12,745 | -€18,819 | -€6,073 | -47.7% |
| Financial income | 75/76B | €10,730 | €4,369 | -€6,361 | -59.3% |
| Recurring financial income | 75 | €10,730 | €4,369 | -€6,361 | -59.3% |
| Financial charges | 65/66B | €20,519 | €14,814 | -€5,705 | -27.8% |
| Recurring financial charges | 65 | €20,519 | €14,814 | -€5,705 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | -€22,535 | -€29,264 | -€6,730 | -29.9% |
| Income taxes | 67/77 | -€3,019 | €194 | +€3,213 | |
| Profit (loss) for the period | 9904 | -€19,516 | -€29,458 | -€9,942 | -50.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,516 | -€29,458 | -€9,942 | -50.9% |
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 29 October 2026 via checked.be.