NATYVER: 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.
NATYVER
Largest movements
- Tangible fixed assets -€43,100
down €43,100 (-63.9%), from €67,447 to €24,347
- Receivables within one year -€24,399
down €24,399 (-36.7%), from €66,499 to €42,100
of which Other amounts receivable: -€23,718
- Profit (loss) carried forward -€42,643
down €42,643 (-80.8%), from €52,756 to €10,114
- Trade debts -€26,256
down €26,256 (-92.0%), from €28,549 to €2,293
- Current portion of long-term debt +€3,396
up €3,396 (+55.5%), from €6,117 to €9,513
- Debts after one year -€2,730
down €2,730 (-10.6%), from €25,634 to €22,905
- Gross operating margin -€19,810
down €19,810 (-52.0%), from €38,088 to €18,277
- Depreciation +€5,533
up €5,533 (+198.6%), from €2,785 to €8,318
- Taxes -€5,019
down €5,019 (-90.5%), from €5,544 to €524
- Financial charges +€4,721
up €4,721 (+1011.3%), from €467 to €5,188
- Other operating charges +€4,451
up €4,451 (+250.2%), from €1,779 to €6,230
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 | €137,961 | €70,722 | -€67,239 | -48.7% |
| Fixed assets | 21/28 | €67,447 | €24,347 | -€43,100 | -63.9% |
| Tangible fixed assets | 22/27 | €67,447 | €24,347 | -€43,100 | -63.9% |
| Furniture and vehicles | 24 | €67,447 | €24,347 | -€43,100 | -63.9% |
| Current assets | 29/58 | €70,515 | €46,375 | -€24,140 | -34.2% |
| Amounts receivable within one year | 40/41 | €66,499 | €42,100 | -€24,399 | -36.7% |
| Trade receivables | 40 | €8,542 | €7,861 | -€681 | -8.0% |
| Other amounts receivable | 41 | €57,957 | €34,239 | -€23,718 | -40.9% |
| Cash at bank and in hand | 54/58 | €4,016 | €3,875 | -€140 | -3.5% |
| Deferred charges and accrued income | 490/1 | - | €400 | +€400 | |
| Total equity and liabilities | 10/49 | €137,961 | €70,722 | -€67,239 | -48.7% |
| Equity | 10/15 | €57,756 | €15,114 | -€42,643 | -73.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,756 | €10,114 | -€42,643 | -80.8% |
| Amounts payable | 17/49 | €80,205 | €55,608 | -€24,597 | -30.7% |
| Amounts payable after more than one year | 17 | €25,634 | €22,905 | -€2,730 | -10.6% |
| Financial debts | 170/4 | €25,634 | €22,905 | -€2,730 | -10.6% |
| Amounts payable within one year | 42/48 | €54,571 | €32,704 | -€21,867 | -40.1% |
| Current portion of amounts payable after more than one year | 42 | €6,117 | €9,513 | +€3,396 | +55.5% |
| Trade debts | 44 | €28,549 | €2,293 | -€26,256 | -92.0% |
| Suppliers | 440/4 | €28,549 | €2,293 | -€26,256 | -92.0% |
| Taxes, remuneration and social security | 45 | €19,905 | €20,897 | +€993 | +5.0% |
| Taxes | 450/3 | €18,000 | €20,897 | +€2,897 | +16.1% |
| Remuneration and social security | 454/9 | €1,905 | - | -€1,905 | |
| Non-recurring operating income | 76A | €2,142 | - | -€2,142 | |
| Remuneration, social security and pensions | 62 | €8,813 | €5,369 | -€3,444 | -39.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,785 | €8,318 | +€5,533 | +198.6% |
| Other operating charges | 640/8 | €1,779 | €6,230 | +€4,451 | +250.2% |
| Gross operating margin | 9900 | €38,088 | €18,277 | -€19,810 | -52.0% |
| Operating profit (loss) | 9901 | €24,710 | -€1,640 | -€26,350 | |
| Financial income | 75/76B | €0 | €4 | +€4 | +12566.7% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +12566.7% |
| Financial charges | 65/66B | €467 | €5,188 | +€4,721 | +1011.3% |
| Recurring financial charges | 65 | €467 | €5,188 | +€4,721 | +1011.3% |
| Profit (loss) for the period before taxes | 9903 | €24,243 | -€6,824 | -€31,067 | |
| Income taxes | 67/77 | €5,544 | €524 | -€5,019 | -90.5% |
| Profit (loss) for the period | 9904 | €18,700 | -€7,348 | -€26,048 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,700 | -€7,348 | -€26,048 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.