Nautor: 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.
Nautor
Largest movements
- Tangible fixed assets +€100,828
new in 2025: €100,828
of which Furniture and vehicles: +€99,525
- Cash +€30,701
up €30,701 (+700.0%), from €4,386 to €35,087
mainly Net result for the year (+€68,503) and Other debts (+€60,000)
- Receivables within one year -€10,670
down €10,670 (-31.9%), from €33,463 to €22,793
of which Trade receivables: -€14,411
- Profit (loss) carried forward +€60,354
up €60,354 (+740.7%), from €8,149 to €68,503
- Other debts +€60,000
new in 2025: €60,000
- Trade debts -€14,004
down €14,004 (-89.1%), from €15,720 to €1,716
- Reserves +€8,149
new in 2025: €8,149
- Tax, wage and social debts +€6,250
up €6,250 (+129.2%), from €4,837 to €11,087
- Gross operating margin +€90,471
up €90,471 (+748.6%), from €12,086 to €102,557
- Taxes +€15,756
up €15,756 (+732.3%), from €2,151 to €17,907
- Staff costs +€9,025
up €9,025 (+645.8%), from €1,397 to €10,423
- Depreciation +€3,388
new in 2025: €3,388
- Other operating charges +€1,320
up €1,320 (+347.2%), from €380 to €1,700
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 | €38,705 | €159,454 | +€120,749 | +312.0% |
| Fixed assets | 21/28 | - | €100,828 | +€100,828 | |
| Tangible fixed assets | 22/27 | - | €100,828 | +€100,828 | |
| Plant, machinery and equipment | 23 | - | €1,303 | +€1,303 | |
| Furniture and vehicles | 24 | - | €99,525 | +€99,525 | |
| Current assets | 29/58 | €38,705 | €58,627 | +€19,921 | +51.5% |
| Amounts receivable within one year | 40/41 | €33,463 | €22,793 | -€10,670 | -31.9% |
| Trade receivables | 40 | €33,166 | €18,755 | -€14,411 | -43.5% |
| Other amounts receivable | 41 | €297 | €4,038 | +€3,741 | +1259.1% |
| Cash at bank and in hand | 54/58 | €4,386 | €35,087 | +€30,701 | +700.0% |
| Deferred charges and accrued income | 490/1 | €856 | €746 | -€110 | -12.8% |
| Total equity and liabilities | 10/49 | €38,705 | €159,454 | +€120,749 | +312.0% |
| Equity | 10/15 | €18,149 | €86,651 | +€68,503 | +377.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €8,149 | +€8,149 | |
| Distributable reserves | 133 | - | €8,149 | +€8,149 | |
| Profit (loss) carried forward | 14 | €8,149 | €68,503 | +€60,354 | +740.7% |
| Amounts payable | 17/49 | €20,557 | €72,803 | +€52,246 | +254.2% |
| Amounts payable within one year | 42/48 | €20,557 | €72,803 | +€52,246 | +254.2% |
| Trade debts | 44 | €15,720 | €1,716 | -€14,004 | -89.1% |
| Suppliers | 440/4 | €15,720 | €1,716 | -€14,004 | -89.1% |
| Taxes, remuneration and social security | 45 | €4,837 | €11,087 | +€6,250 | +129.2% |
| Taxes | 450/3 | €4,837 | €11,087 | +€6,250 | +129.2% |
| Other amounts payable | 47/48 | - | €60,000 | +€60,000 | |
| Remuneration, social security and pensions | 62 | €1,397 | €10,423 | +€9,025 | +645.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,388 | +€3,388 | |
| Other operating charges | 640/8 | €380 | €1,700 | +€1,320 | +347.2% |
| Gross operating margin | 9900 | €12,086 | €102,557 | +€90,471 | +748.6% |
| Operating profit (loss) | 9901 | €10,308 | €87,045 | +€76,737 | +744.4% |
| Financial income | 75/76B | - | €181 | +€181 | |
| Recurring financial income | 75 | - | €181 | +€181 | |
| Financial charges | 65/66B | €8 | €816 | +€808 | +9990.1% |
| Recurring financial charges | 65 | €8 | €816 | +€808 | +9990.1% |
| Profit (loss) for the period before taxes | 9903 | €10,300 | €86,410 | +€76,110 | +738.9% |
| Income taxes | 67/77 | €2,151 | €17,907 | +€15,756 | +732.3% |
| Profit (loss) for the period | 9904 | €8,149 | €68,503 | +€60,354 | +740.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,149 | €68,503 | +€60,354 | +740.7% |
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 12 October 2026 via checked.be.