NAWEN: 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.
NAWEN
Largest movements
- Receivables within one year +€60,868
up €60,868 (+70.9%), from €85,894 to €146,762
of which Other amounts receivable: +€49,702
- Tangible fixed assets +€14,752
up €14,752 (+37.4%), from €39,420 to €54,172
of which Furniture and vehicles: +€13,458
- Cash +€11,965
up €11,965 (+148%), from €8,108 to €20,073
mainly Trade debts (+€51,062) and Net result for the year (+€30,654)
- Trade debts +€51,062
up €51,062 (+73.2%), from €69,787 to €120,849
- Profit (loss) carried forward +€30,654
up €30,654 (+71.7%), from €42,732 to €73,385
- Tax, wage and social debts +€7,970
up €7,970 (+33.9%), from €23,503 to €31,473
of which Remuneration and social security: +€11,641
- Gross operating margin -€11,834
down €11,834 (-16.3%), from €72,469 to €60,636
- Taxes -€5,083
down €5,083 (-47.6%), from €10,683 to €5,600
- Depreciation +€4,209
up €4,209 (+39.3%), from €10,717 to €14,926
- Other operating charges +€2,486
up €2,486 (+44.8%), from €5,544 to €8,030
- Staff costs -€2,183
no longer reported in 2025 (was €2,183)
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 | €137,022 | €226,707 | +€89,685 | +65.5% |
| Fixed assets | 21/28 | €43,020 | €59,872 | +€16,852 | +39.2% |
| Tangible fixed assets | 22/27 | €39,420 | €54,172 | +€14,752 | +37.4% |
| Plant, machinery and equipment | 23 | €1,870 | €3,164 | +€1,294 | +69.2% |
| Furniture and vehicles | 24 | €37,550 | €51,008 | +€13,458 | +35.8% |
| Financial fixed assets | 28 | €3,600 | €5,700 | +€2,100 | +58.3% |
| Current assets | 29/58 | €94,003 | €166,836 | +€72,833 | +77.5% |
| Amounts receivable within one year | 40/41 | €85,894 | €146,762 | +€60,868 | +70.9% |
| Trade receivables | 40 | €56,235 | €67,401 | +€11,166 | +19.9% |
| Other amounts receivable | 41 | €29,659 | €79,361 | +€49,702 | +168% |
| Cash at bank and in hand | 54/58 | €8,108 | €20,073 | +€11,965 | +148% |
| Total equity and liabilities | 10/49 | €137,022 | €226,707 | +€89,685 | +65.5% |
| Equity | 10/15 | €43,732 | €74,385 | +€30,654 | +70.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,732 | €73,385 | +€30,654 | +71.7% |
| Amounts payable | 17/49 | €93,290 | €152,322 | +€59,032 | +63.3% |
| Amounts payable within one year | 42/48 | €93,290 | €152,322 | +€59,032 | +63.3% |
| Trade debts | 44 | €69,787 | €120,849 | +€51,062 | +73.2% |
| Suppliers | 440/4 | €69,787 | €120,849 | +€51,062 | +73.2% |
| Taxes, remuneration and social security | 45 | €23,503 | €31,473 | +€7,970 | +33.9% |
| Taxes | 450/3 | €12,231 | €8,560 | -€3,671 | -30.0% |
| Remuneration and social security | 454/9 | €11,272 | €22,913 | +€11,641 | +103% |
| Remuneration, social security and pensions | 62 | €2,183 | - | -€2,183 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,717 | €14,926 | +€4,209 | +39.3% |
| Other operating charges | 640/8 | €5,544 | €8,030 | +€2,486 | +44.8% |
| Gross operating margin | 9900 | €72,469 | €60,636 | -€11,834 | -16.3% |
| Operating profit (loss) | 9901 | €54,025 | €37,680 | -€16,346 | -30.3% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €610 | €1,426 | +€816 | +134% |
| Recurring financial charges | 65 | €608 | €1,426 | +€818 | +135% |
| Non-recurring financial charges | 66B | €2 | - | -€2 | |
| Profit (loss) for the period before taxes | 9903 | €53,415 | €36,254 | -€17,161 | -32.1% |
| Income taxes | 67/77 | €10,683 | €5,600 | -€5,083 | -47.6% |
| Profit (loss) for the period | 9904 | €42,732 | €30,654 | -€12,078 | -28.3% |
| Profit (loss) for the period to be appropriated | 9905 | €42,732 | €30,654 | -€12,078 | -28.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.