NAWEED: 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.
NAWEED
Largest movements
- Cash +€3,133
up €3,133 (+365.7%), from €857 to €3,990
mainly Trade debts (+€7,289) and Receivables within one year (+€2,346)
- Receivables within one year -€2,346
down €2,346 (-100.0%), from €2,346 to €0
- Financial fixed assets +€1,730
new in 2025: €1,730
- Stocks and contracts -€929
down €929 (-49.4%), from €1,879 to €950
- Tangible fixed assets -€249
down €249 (-33.4%), from €746 to €497
- Trade debts +€7,289
up €7,289 (+657.5%), from €1,109 to €8,398
- Other debts -€6,616
down €6,616 (-40.6%), from €16,306 to €9,690
- Profit (loss) carried forward +€1,213
up €1,213 (+0.9%), from -€136,949 to -€135,736
- Tax, wage and social debts -€946
down €946 (-21.6%), from €4,387 to €3,440
- Contributions +€400
up €400 (+2.2%), from €18,600 to €19,000
- Gross operating margin +€1,792
up €1,792 (+4825.5%), from €37 to €1,829
- Other operating charges -€382
down €382 (-76.4%), from €500 to €118
- Financial charges +€317
up €317 (+145.4%), from €218 to €535
- Financial income +€286
up €286 (+408285.7%), from €0 to €286
- Depreciation -€180
down €180 (-42.0%), from €429 to €249
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 | €5,828 | €7,167 | +€1,340 | +23.0% |
| Fixed assets | 21/28 | €746 | €2,227 | +€1,481 | +198.5% |
| Tangible fixed assets | 22/27 | €746 | €497 | -€249 | -33.4% |
| Plant, machinery and equipment | 23 | €746 | €497 | -€249 | -33.4% |
| Financial fixed assets | 28 | - | €1,730 | +€1,730 | |
| Current assets | 29/58 | €5,081 | €4,940 | -€141 | -2.8% |
| Stocks and contracts in progress | 3 | €1,879 | €950 | -€929 | -49.4% |
| Stocks | 30/36 | €1,879 | €950 | -€929 | -49.4% |
| Amounts receivable within one year | 40/41 | €2,346 | €0 | -€2,346 | -100.0% |
| Other amounts receivable | 41 | €2,346 | €0 | -€2,346 | -100.0% |
| Cash at bank and in hand | 54/58 | €857 | €3,990 | +€3,133 | +365.7% |
| Total equity and liabilities | 10/49 | €5,828 | €7,167 | +€1,340 | +23.0% |
| Equity | 10/15 | -€15,974 | -€14,361 | +€1,613 | +10.1% |
| Contributions | 10/11 | €18,600 | €19,000 | +€400 | +2.2% |
| Reserves | 13 | €102,375 | €102,375 | = | 0.0% |
| Tax-exempt reserves | 132 | €102,375 | €102,375 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€136,949 | -€135,736 | +€1,213 | +0.9% |
| Amounts payable | 17/49 | €21,802 | €21,528 | -€274 | -1.3% |
| Amounts payable within one year | 42/48 | €21,802 | €21,528 | -€274 | -1.3% |
| Trade debts | 44 | €1,109 | €8,398 | +€7,289 | +657.5% |
| Suppliers | 440/4 | €1,109 | €8,398 | +€7,289 | +657.5% |
| Taxes, remuneration and social security | 45 | €4,387 | €3,440 | -€946 | -21.6% |
| Taxes | 450/3 | €4,387 | €3,440 | -€946 | -21.6% |
| Other amounts payable | 47/48 | €16,306 | €9,690 | -€6,616 | -40.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €429 | €249 | -€180 | -42.0% |
| Other operating charges | 640/8 | €500 | €118 | -€382 | -76.4% |
| Gross operating margin | 9900 | €37 | €1,829 | +€1,792 | +4825.5% |
| Operating profit (loss) | 9901 | -€892 | €1,462 | +€2,354 | |
| Financial income | 75/76B | €0 | €286 | +€286 | +408285.7% |
| Recurring financial income | 75 | €0 | €286 | +€286 | +408285.7% |
| Financial charges | 65/66B | €218 | €535 | +€317 | +145.4% |
| Recurring financial charges | 65 | €218 | €535 | +€317 | +145.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,110 | €1,213 | +€2,323 | |
| Profit (loss) for the period | 9904 | -€1,110 | €1,213 | +€2,323 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,110 | €1,213 | +€2,323 |
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 8 October 2026 via checked.be.