NAYTON: 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.
NAYTON
Largest movements
- Tangible fixed assets +€1.2m
up €1.2m (+95.7%), from €1.3m to €2.4m
of which Land and buildings: +€2.3m
- Cash -€292,628
down €292,628 (-98.2%), from €298,035 to €5,407
mainly Investment in fixed assets (net) (-€1.2m) and Tax, wage and social debts (-€193,412)
- Receivables within one year -€205,544
down €205,544 (-88.4%), from €232,446 to €26,902
of which Other amounts receivable: -€216,683
- Deferred charges and accrued income +€63,957
new in 2024: €63,957
- Debts after one year +€1.2m
up €1.2m (+47.0%), from €2.5m to €3.7m
- Tax, wage and social debts -€193,412
down €193,412 (-88.0%), from €219,835 to €26,422
- Profit (loss) carried forward -€174,741
down €174,741 (-9.7%), from -€1.8m to -€2.0m
- Trade debts -€67,220
down €67,220 (-46.1%), from €145,907 to €78,688
- Gross operating margin +€229,558
up €229,558 (+99.9%), from -€229,873 to -€315
- Financial charges +€47,805
up €47,805 (+55.8%), from €85,736 to €133,541
- Depreciation +€19,373
up €19,373 (+111.1%), from €17,435 to €36,808
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,781,050 | €2,543,036 | +€761,986 | +42.8% |
| Fixed assets | 21/28 | €1,250,570 | €2,446,770 | +€1.2m | +95.7% |
| Tangible fixed assets | 22/27 | €1,250,320 | €2,446,520 | +€1.2m | +95.7% |
| Land and buildings | 22 | €148,173 | €2,405,198 | +€2.3m | +1523.2% |
| Plant, machinery and equipment | 23 | - | €20,889 | +€20,889 | |
| Furniture and vehicles | 24 | - | €20,433 | +€20,433 | |
| Assets under construction and advance payments | 27 | €1,102,147 | €0 | -€1.1m | -100.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €530,480 | €96,266 | -€434,214 | -81.9% |
| Amounts receivable within one year | 40/41 | €232,446 | €26,902 | -€205,544 | -88.4% |
| Trade receivables | 40 | €0 | €11,138 | +€11,138 | |
| Other amounts receivable | 41 | €232,446 | €15,763 | -€216,683 | -93.2% |
| Cash at bank and in hand | 54/58 | €298,035 | €5,407 | -€292,628 | -98.2% |
| Deferred charges and accrued income | 490/1 | - | €63,957 | +€63,957 | |
| Total equity and liabilities | 10/49 | €1,781,050 | €2,543,036 | +€761,986 | +42.8% |
| Equity | 10/15 | -€1,742,441 | -€1,917,182 | -€174,741 | -10.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,810,641 | -€1,985,382 | -€174,741 | -9.7% |
| Amounts payable | 17/49 | €3,523,492 | €4,460,219 | +€936,727 | +26.6% |
| Amounts payable after more than one year | 17 | €2,530,833 | €3,720,833 | +€1.2m | +47.0% |
| Financial debts | 170/4 | €2,530,833 | €3,720,833 | +€1.2m | +47.0% |
| Amounts payable within one year | 42/48 | €713,395 | €474,316 | -€239,078 | -33.5% |
| Current portion of amounts payable after more than one year | 42 | €98,000 | €106,167 | +€8,167 | +8.3% |
| Trade debts | 44 | €145,907 | €78,688 | -€67,220 | -46.1% |
| Suppliers | 440/4 | €145,907 | €78,688 | -€67,220 | -46.1% |
| Taxes, remuneration and social security | 45 | €219,835 | €26,422 | -€193,412 | -88.0% |
| Taxes | 450/3 | €219,835 | €26,422 | -€193,412 | -88.0% |
| Other amounts payable | 47/48 | €249,653 | €263,040 | +€13,387 | +5.4% |
| Accrued charges and deferred income | 492/3 | €279,264 | €265,069 | -€14,195 | -5.1% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,435 | €36,808 | +€19,373 | +111.1% |
| Other operating charges | 640/8 | €1,386 | €2,769 | +€1,383 | +99.8% |
| Gross operating margin | 9900 | -€229,873 | -€315 | +€229,558 | +99.9% |
| Operating profit (loss) | 9901 | -€248,694 | -€39,892 | +€208,802 | +84.0% |
| Financial income | 75/76B | €14 | €89 | +€75 | +537.4% |
| Recurring financial income | 75 | €14 | €89 | +€75 | +537.4% |
| Financial charges | 65/66B | €85,736 | €133,541 | +€47,805 | +55.8% |
| Recurring financial charges | 65 | €85,736 | €133,541 | +€47,805 | +55.8% |
| Profit (loss) for the period before taxes | 9903 | -€334,416 | -€173,344 | +€161,072 | +48.2% |
| Income taxes | 67/77 | - | €1,397 | +€1,397 | |
| Profit (loss) for the period | 9904 | -€334,416 | -€174,741 | +€159,675 | +47.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€334,416 | -€174,741 | +€159,675 | +47.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.