NAUTILUS FRONTIERS: 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.
NAUTILUS FRONTIERS
Largest movements
- Receivables within one year +€121,575
up €121,575 (+1,303%), from €9,330 to €130,906
of which Trade receivables: +€115,651
- Advances received +€76,380
up €76,380 (+1,547%), from €4,938 to €81,318
- Trade debts +€39,058
up €39,058 (+1,118%), from €3,495 to €42,552
- Profit (loss) carried forward +€4,099
up €4,099, from -€1,592 to €2,507
- Tax, wage and social debts +€2,041
new in 2025: €2,041
of which Remuneration and social security: +€1,200
- Gross operating margin +€2,939
up €2,939 (+144%), from €2,048 to €4,987
- Taxes +€841
new in 2025: €841
- Financial income -€519
down €519 (-77.0%), from €675 to €155
- Other operating charges -€410
down €410 (-81.7%), from €502 to €92
- Financial charges +€105
up €105 (+2,170%), from €5 to €110
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 | €9,340 | €130,918 | +€121,578 | +1,302% |
| Current assets | 29/58 | €9,340 | €130,918 | +€121,578 | +1,302% |
| Amounts receivable within one year | 40/41 | €9,330 | €130,906 | +€121,575 | +1,303% |
| Trade receivables | 40 | €7,888 | €123,539 | +€115,651 | +1,466% |
| Other amounts receivable | 41 | €1,442 | €7,367 | +€5,924 | +411% |
| Cash at bank and in hand | 54/58 | €10 | €12 | +€2 | +21.2% |
| Total equity and liabilities | 10/49 | €9,340 | €130,918 | +€121,578 | +1,302% |
| Equity | 10/15 | €908 | €5,007 | +€4,099 | +452% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,592 | €2,507 | +€4,099 | |
| Amounts payable | 17/49 | €8,432 | €125,911 | +€117,478 | +1,393% |
| Amounts payable within one year | 42/48 | €8,432 | €125,911 | +€117,478 | +1,393% |
| Trade debts | 44 | €3,495 | €42,552 | +€39,058 | +1,118% |
| Suppliers | 440/4 | €3,495 | €42,552 | +€39,058 | +1,118% |
| Advances received on contracts in progress | 46 | €4,938 | €81,318 | +€76,380 | +1,547% |
| Taxes, remuneration and social security | 45 | - | €2,041 | +€2,041 | |
| Taxes | 450/3 | - | €841 | +€841 | |
| Remuneration and social security | 454/9 | - | €1,200 | +€1,200 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €502 | €92 | -€410 | -81.7% |
| Gross operating margin | 9900 | €2,048 | €4,987 | +€2,939 | +144% |
| Operating profit (loss) | 9901 | €1,546 | €4,895 | +€3,349 | +217% |
| Financial income | 75/76B | €675 | €155 | -€519 | -77.0% |
| Recurring financial income | 75 | €675 | €155 | -€519 | -77.0% |
| Financial charges | 65/66B | €5 | €110 | +€105 | +2,170% |
| Recurring financial charges | 65 | €5 | €110 | +€105 | +2,170% |
| Profit (loss) for the period before taxes | 9903 | €2,216 | €4,940 | +€2,724 | +123% |
| Income taxes | 67/77 | - | €841 | +€841 | |
| Profit (loss) for the period | 9904 | €2,216 | €4,099 | +€1,884 | +85.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,216 | €4,099 | +€1,884 | +85.0% |
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 25 October 2026 via checked.be.