NAUSICAA: 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.
NAUSICAA
Largest movements
- Cash +€145,494
up €145,494 (+6.1%), from €2.4m to €2.5m
mainly Net result for the year (+€96,649) and Depreciation (+€49,612)
- Tangible fixed assets -€46,614
down €46,614 (-15.3%), from €304,102 to €257,488
of which Land and buildings: -€33,558
- Profit (loss) carried forward +€96,650
up €96,650 (+3.7%), from €2.6m to €2.7m
- Gross operating margin -€269,040
down €269,040 (-23.7%), from €1.1m to €868,534
- Staff costs +€148,546
up €148,546 (+24.6%), from €602,930 to €751,476
- Financial income -€67,003
down €67,003 (-60.0%), from €111,710 to €44,707
of which Non-recurring financial income: -€59,900
- Purchases and services +€19,911
up €19,911 (+3.2%), from €631,611 to €651,522
- Write-downs -€18,476
no longer reported in 2025 (was €18,476)
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 | €3,378,025 | €3,461,537 | +€83,512 | +2.5% |
| Fixed assets | 21/28 | €308,915 | €259,303 | -€49,612 | -16.1% |
| Intangible fixed assets | 21 | €2,998 | €0 | -€2,998 | -100% |
| Tangible fixed assets | 22/27 | €304,102 | €257,488 | -€46,614 | -15.3% |
| Land and buildings | 22 | €230,161 | €196,603 | -€33,558 | -14.6% |
| Furniture and vehicles | 24 | €73,941 | €60,885 | -€13,056 | -17.7% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €1,815 | €1,815 | = | 0.0% |
| Current assets | 29/58 | €3,069,110 | €3,202,234 | +€133,124 | +4.3% |
| Amounts receivable within one year | 40/41 | €685,058 | €663,374 | -€21,684 | -3.2% |
| Trade receivables | 40 | €333,208 | €309,525 | -€23,683 | -7.1% |
| Other amounts receivable | 41 | €351,850 | €353,849 | +€1,999 | +0.6% |
| Cash at bank and in hand | 54/58 | €2,381,498 | €2,526,992 | +€145,494 | +6.1% |
| Deferred charges and accrued income | 490/1 | €2,554 | €11,868 | +€9,314 | +365% |
| Total equity and liabilities | 10/49 | €3,378,025 | €3,461,537 | +€83,512 | +2.5% |
| Equity | 10/15 | €3,144,357 | €3,241,007 | +€96,650 | +3.1% |
| Reserves | 13 | €210,778 | €210,778 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,633,579 | €2,730,229 | +€96,650 | +3.7% |
| Investment grants | 15 | €300,000 | €300,000 | = | 0.0% |
| Amounts payable | 17/49 | €233,668 | €220,530 | -€13,138 | -5.6% |
| Amounts payable within one year | 42/48 | €233,578 | €219,269 | -€14,309 | -6.1% |
| Trade debts | 44 | €48,425 | €31,261 | -€17,164 | -35.4% |
| Suppliers | 440/4 | €48,425 | €31,261 | -€17,164 | -35.4% |
| Advances received on contracts in progress | 46 | €71,211 | €49,394 | -€21,817 | -30.6% |
| Taxes, remuneration and social security | 45 | €110,184 | €135,254 | +€25,070 | +22.8% |
| Taxes | 450/3 | €17,363 | €21,193 | +€3,830 | +22.1% |
| Remuneration and social security | 454/9 | €92,821 | €114,061 | +€21,240 | +22.9% |
| Accrued charges and deferred income | 492/3 | €90 | €1,261 | +€1,171 | +1,301% |
| Turnover | 70 | €1,340,895 | €1,356,670 | +€15,775 | +1.2% |
| Membership fees, donations, legacies and grants | 73 | €265,907 | - | -€265,907 | |
| Goods, raw materials, services and sundry goods | 60/61 | €631,611 | €651,522 | +€19,911 | +3.2% |
| Remuneration, social security and pensions | 62 | €602,930 | €751,476 | +€148,546 | +24.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,847 | €49,612 | -€4,235 | -7.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €18,476 | - | -€18,476 | |
| Other operating charges | 640/8 | €268 | €203 | -€65 | -24.3% |
| Gross operating margin | 9900 | €1,137,574 | €868,534 | -€269,040 | -23.7% |
| Operating profit (loss) | 9901 | €462,053 | €67,243 | -€394,810 | -85.4% |
| Financial income | 75/76B | €111,710 | €44,707 | -€67,003 | -60.0% |
| Recurring financial income | 75 | €32,009 | €24,906 | -€7,103 | -22.2% |
| Non-recurring financial income | 76B | €79,701 | €19,801 | -€59,900 | -75.2% |
| Financial charges | 65/66B | €11,198 | €15,301 | +€4,103 | +36.6% |
| Recurring financial charges | 65 | €272 | €174 | -€98 | -36.0% |
| Non-recurring financial charges | 66B | €10,926 | €15,127 | +€4,201 | +38.4% |
| Profit (loss) for the period before taxes | 9903 | €562,565 | €96,649 | -€465,916 | -82.8% |
| Profit (loss) for the period | 9904 | €562,565 | €96,649 | -€465,916 | -82.8% |
| Profit (loss) for the period to be appropriated | 9905 | €562,565 | €96,649 | -€465,916 | -82.8% |
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 17 October 2026 via checked.be.