Naweza: 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.
Naweza
Largest movements
- Cash +€8,611
up €8,611 (+33.5%), from €25,686 to €34,297
mainly Net result for the year (+€6,793) and Trade debts (+€5,145)
- Receivables within one year -€673
down €673 (-16.7%), from €4,026 to €3,353
of which Trade receivables: -€1,098
- Tangible fixed assets -€488
down €488 (-40.6%), from €1,201 to €713
- Profit (loss) carried forward +€6,793
up €6,793 (+36.5%), from €18,628 to €25,421
- Trade debts +€5,145
new in 2025: €5,145
- Tax, wage and social debts -€4,488
down €4,488 (-61.6%), from €7,285 to €2,797
- Gross operating margin -€15,842
down €15,842 (-63.6%), from €24,919 to €9,077
- Taxes -€2,958
down €2,958 (-62.7%), from €4,720 to €1,762
- Depreciation -€1,083
down €1,083 (-68.9%), from €1,571 to €488
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 | €30,913 | €38,363 | +€7,450 | +24.1% |
| Fixed assets | 21/28 | €1,201 | €713 | -€488 | -40.6% |
| Tangible fixed assets | 22/27 | €1,201 | €713 | -€488 | -40.6% |
| Plant, machinery and equipment | 23 | €1,201 | €713 | -€488 | -40.6% |
| Current assets | 29/58 | €29,712 | €37,650 | +€7,938 | +26.7% |
| Amounts receivable within one year | 40/41 | €4,026 | €3,353 | -€673 | -16.7% |
| Trade receivables | 40 | €4,026 | €2,928 | -€1,098 | -27.3% |
| Other amounts receivable | 41 | - | €425 | +€425 | |
| Cash at bank and in hand | 54/58 | €25,686 | €34,297 | +€8,611 | +33.5% |
| Total equity and liabilities | 10/49 | €30,913 | €38,363 | +€7,450 | +24.1% |
| Equity | 10/15 | €23,628 | €30,421 | +€6,793 | +28.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,628 | €25,421 | +€6,793 | +36.5% |
| Amounts payable | 17/49 | €7,285 | €7,942 | +€657 | +9.0% |
| Amounts payable within one year | 42/48 | €7,285 | €7,942 | +€657 | +9.0% |
| Trade debts | 44 | - | €5,145 | +€5,145 | |
| Suppliers | 440/4 | - | €5,145 | +€5,145 | |
| Taxes, remuneration and social security | 45 | €7,285 | €2,797 | -€4,488 | -61.6% |
| Taxes | 450/3 | €7,285 | €2,797 | -€4,488 | -61.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,571 | €488 | -€1,083 | -68.9% |
| Gross operating margin | 9900 | €24,919 | €9,077 | -€15,842 | -63.6% |
| Operating profit (loss) | 9901 | €23,348 | €8,589 | -€14,759 | -63.2% |
| Financial charges | 65/66B | - | €34 | +€34 | |
| Recurring financial charges | 65 | - | €34 | +€34 | |
| Profit (loss) for the period before taxes | 9903 | €23,348 | €8,555 | -€14,793 | -63.4% |
| Income taxes | 67/77 | €4,720 | €1,762 | -€2,958 | -62.7% |
| Profit (loss) for the period | 9904 | €18,628 | €6,793 | -€11,835 | -63.5% |
| Profit (loss) for the period to be appropriated | 9905 | €18,628 | €6,793 | -€11,835 | -63.5% |
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 22 October 2026 via checked.be.