NAUTADUTILH: 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.
What changed
NAUTADUTILH
NACE 69.101, Activities of lawyers
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€10.5m
2024 · €10.6m-€121,660
Equity
€202,968
2024 · €202,968
Cash
€2.2m
2024 · €2.6m-€435,411
Balance sheet total
€16.6m
2024 · €15.6m+€1.0m
Largest movements
Assets
- Receivables within one year +€1.1m
up €1.1m (+11.8%), from €9.0m to €10.1m
of which Trade receivables: +€753,483
- Cash -€435,411
down €435,411 (-16.8%), from €2.6m to €2.2m
mainly Contributions, distributions and other (-€10.5m) and Receivables within one year (-€1.1m)
- Stocks and contracts +€355,987
up €355,987 (+15.1%), from €2.4m to €2.7m
- Deferred charges and accrued income +€308,357
up €308,357 (+135%), from €228,426 to €536,783
- Tangible fixed assets -€260,541
down €260,541 (-18.0%), from €1.4m to €1.2m
Equity and liabilities
- Other debts +€1.0m
up €1.0m (+8.8%), from €11.9m to €13.0m
- Tax, wage and social debts +€470,928
up €470,928 (+25.7%), from €1.8m to €2.3m
of which Taxes: +€461,915
- Debts after one year -€347,582
down €347,582 (-92.1%), from €377,282 to €29,701
Income statement
- Write-downs +€964,112
up €964,112 (+119%), from €809,456 to €1.8m
- Taxes -€788,013
down €788,013 (-67.6%), from €1.2m to €378,045
- Turnover -€479,536
down €479,536 (-1.5%), from €32.8m to €32.3m
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.
Result 2024
€10.6m
Turnover
-€479,536
Other operating income
+€8,266
Services and other goods
+€176,782
Staff costs
+€93,556
Depreciation
-€36,320
Write-downs
-€964,112
Other operating charges
-€40,267
Other operating items
+€287,124
Financial income
+€9,906
Financial charges
+€34,926
Taxes
+€788,013
Result 2025
€10.5m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€10.4m
Investment
-€49,130
Financing
-€10.8m
Cash 2024
€2.6m
From operations (derived)
+€10.4m
Net result for the year
+€10.5m
Depreciation
+€309,671
Stocks and contracts
-€355,987
Receivables within one year
-€1.1m
Deferred charges and accrued income
-€308,357
Trade debts
-€8,637
Tax, wage and social debts
+€470,928
Advances received
-€104,346
Other debts
+€1.0m
Accrued charges and deferred income
-€45,925
Investment (derived)
-€49,130
Investment in fixed assets (net)
-€49,130
Financing
-€10.8m
Debts after one year
-€347,582
Current portion of long-term debt
+€15,775
Contributions, distributions and other
-€10.5m
Cash 2025
€2.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,622,394 | €16,648,773 | +€1.0m | +6.6% |
| Fixed assets | 21/28 | €1,444,819 | €1,184,278 | -€260,541 | -18.0% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €1,444,819 | €1,184,278 | -€260,541 | -18.0% |
| Plant, machinery and equipment | 23 | €183,022 | €123,934 | -€59,088 | -32.3% |
| Furniture and vehicles | 24 | €428,428 | €310,099 | -€118,329 | -27.6% |
| Other tangible fixed assets | 26 | €833,369 | €719,034 | -€114,336 | -13.7% |
| Assets under construction and advance payments | 27 | - | €31,211 | +€31,211 | |
| Current assets | 29/58 | €14,177,575 | €15,464,495 | +€1.3m | +9.1% |
| Stocks and contracts in progress | 3 | €2,353,907 | €2,709,894 | +€355,987 | +15.1% |
| Contracts in progress | 37 | €2,353,907 | €2,709,894 | +€355,987 | +15.1% |
| Amounts receivable within one year | 40/41 | €9,001,319 | €10,059,306 | +€1.1m | +11.8% |
| Trade receivables | 40 | €8,517,377 | €9,270,859 | +€753,483 | +8.8% |
| Other amounts receivable | 41 | €483,942 | €788,446 | +€304,504 | +62.9% |
| Cash at bank and in hand | 54/58 | €2,593,923 | €2,158,512 | -€435,411 | -16.8% |
| Deferred charges and accrued income | 490/1 | €228,426 | €536,783 | +€308,357 | +135% |
| Total equity and liabilities | 10/49 | €15,622,394 | €16,648,773 | +€1.0m | +6.6% |
| Equity | 10/15 | €202,968 | €202,968 | = | 0.0% |
| Contributions | 10/11 | €184,522 | €184,522 | = | 0.0% |
| Reserves | 13 | €18,446 | €18,446 | = | 0.0% |
| Non-distributable reserves | 130/1 | €18,446 | €18,446 | = | 0.0% |
| Reserves not available under the articles | 1311 | €18,446 | €18,446 | = | 0.0% |
| Amounts payable | 17/49 | €15,419,426 | €16,445,805 | +€1.0m | +6.7% |
| Amounts payable after more than one year | 17 | €377,282 | €29,701 | -€347,582 | -92.1% |
| Financial debts | 170/4 | €377,282 | €29,701 | -€347,582 | -92.1% |
| Credit institutions | 173 | €377,282 | €29,701 | -€347,582 | -92.1% |
| Amounts payable within one year | 42/48 | €14,787,793 | €16,207,679 | +€1.4m | +9.6% |
| Current portion of amounts payable after more than one year | 42 | €331,807 | €347,582 | +€15,775 | +4.8% |
| Trade debts | 44 | €435,999 | €427,362 | -€8,637 | -2.0% |
| Suppliers | 440/4 | €435,999 | €427,362 | -€8,637 | -2.0% |
| Advances received on contracts in progress | 46 | €272,508 | €168,162 | -€104,346 | -38.3% |
| Taxes, remuneration and social security | 45 | €1,830,899 | €2,301,827 | +€470,928 | +25.7% |
| Taxes | 450/3 | €289,449 | €751,364 | +€461,915 | +160% |
| Remuneration and social security | 454/9 | €1,541,451 | €1,550,463 | +€9,012 | +0.6% |
| Other amounts payable | 47/48 | €11,916,581 | €12,962,747 | +€1.0m | +8.8% |
| Accrued charges and deferred income | 492/3 | €254,350 | €208,425 | -€45,925 | -18.1% |
| Operating income | 70/76A | €32,829,963 | €32,645,817 | -€184,145 | -0.6% |
| Turnover | 70 | €32,756,861 | €32,277,326 | -€479,536 | -1.5% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €68,863 | €355,987 | +€287,124 | +417% |
| Other operating income | 74 | €4,239 | €12,505 | +€8,266 | +195% |
| Operating charges | 60/66A | €20,788,708 | €21,559,068 | +€770,360 | +3.7% |
| Services and other goods | 61 | €16,167,701 | €15,990,919 | -€176,782 | -1.1% |
| Remuneration, social security and pensions | 62 | €3,158,514 | €3,064,958 | -€93,556 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €273,351 | €309,671 | +€36,320 | +13.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €809,456 | €1,773,568 | +€964,112 | +119% |
| Other operating charges | 640/8 | €379,685 | €419,952 | +€40,267 | +10.6% |
| Operating profit (loss) | 9901 | €12,041,255 | €11,086,749 | -€954,506 | -7.9% |
| Financial income | 75/76B | €4,992 | €14,898 | +€9,906 | +198% |
| Recurring financial income | 75 | €4,992 | €14,898 | +€9,906 | +198% |
| Income from current assets | 751 | - | €189 | +€189 | |
| Other financial income | 752/9 | €4,992 | €14,709 | +€9,717 | +195% |
| Financial charges | 65/66B | €279,673 | €244,747 | -€34,926 | -12.5% |
| Recurring financial charges | 65 | €279,673 | €244,747 | -€34,926 | -12.5% |
| Debt charges | 650 | €274,554 | €185,508 | -€89,047 | -32.4% |
| Other financial charges | 652/9 | €5,119 | €59,240 | +€54,121 | +1,057% |
| Profit (loss) for the period before taxes | 9903 | €11,766,573 | €10,856,900 | -€909,674 | -7.7% |
| Income taxes | 67/77 | €1,166,058 | €378,045 | -€788,013 | -67.6% |
| Taxes | 670/3 | €1,166,058 | €378,045 | -€788,013 | -67.6% |
| Profit (loss) for the period | 9904 | €10,600,515 | €10,478,855 | -€121,660 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €10,600,515 | €10,478,855 | -€121,660 | -1.1% |
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 19 October 2026 via checked.be.