NAZSU: 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.
NAZSU
Largest movements
- Cash -€34,925
down €34,925 (-57.3%), from €60,954 to €26,028
mainly Trade debts (-€27,453) and Tax, wage and social debts (-€11,266)
- Tangible fixed assets +€7,824
up €7,824 (+1448.7%), from €540 to €8,364
- Receivables within one year -€7,034
down €7,034 (-14.8%), from €47,472 to €40,438
of which Trade receivables: -€25,368
- Formation expenses -€4,514
down €4,514 (-100.0%), from €4,514 to €0
- Deferred charges and accrued income -€3,223
no longer reported in 2024 (was €3,223)
- Trade debts -€27,453
down €27,453 (-88.6%), from €30,978 to €3,525
- Tax, wage and social debts -€11,266
down €11,266 (-27.9%), from €40,420 to €29,154
of which Remuneration and social security: -€22,444
- Turnover +€320,960
new in 2024: €320,960
- Purchases and services +€257,091
new in 2024: €257,091
- Staff costs -€32,637
down €32,637 (-39.5%), from €82,640 to €50,003
- Gross operating margin -€17,081
down €17,081 (-19.1%), from €89,399 to €72,318
- Other operating charges +€13,107
up €13,107 (+906.7%), from €1,446 to €14,552
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 | €123,796 | €86,008 | -€37,788 | -30.5% |
| Formation expenses | 20 | €4,514 | €0 | -€4,514 | -100.0% |
| Fixed assets | 21/28 | €6,305 | €15,865 | +€9,560 | +151.6% |
| Intangible fixed assets | 21 | - | €1,736 | +€1,736 | |
| Tangible fixed assets | 22/27 | €540 | €8,364 | +€7,824 | +1448.7% |
| Furniture and vehicles | 24 | €540 | €8,364 | +€7,824 | +1448.7% |
| Financial fixed assets | 28 | €5,765 | €5,765 | = | 0.0% |
| Current assets | 29/58 | €112,977 | €70,143 | -€42,834 | -37.9% |
| Stocks and contracts in progress | 3 | €1,329 | €3,677 | +€2,348 | +176.7% |
| Stocks | 30/36 | €1,329 | €3,677 | +€2,348 | +176.7% |
| Amounts receivable within one year | 40/41 | €47,472 | €40,438 | -€7,034 | -14.8% |
| Trade receivables | 40 | €25,368 | - | -€25,368 | |
| Other amounts receivable | 41 | €22,104 | €40,438 | +€18,334 | +82.9% |
| Cash at bank and in hand | 54/58 | €60,954 | €26,028 | -€34,925 | -57.3% |
| Deferred charges and accrued income | 490/1 | €3,223 | - | -€3,223 | |
| Total equity and liabilities | 10/49 | €123,796 | €86,008 | -€37,788 | -30.5% |
| Equity | 10/15 | €52,398 | €53,329 | +€931 | +1.8% |
| Contributions | 10/11 | €18,600 | €18,941 | +€341 | +1.8% |
| Reserves | 13 | €341 | - | -€341 | |
| Non-distributable reserves | 130/1 | €341 | - | -€341 | |
| Other | 1319 | €341 | - | -€341 | |
| Profit (loss) carried forward | 14 | €33,457 | €34,388 | +€931 | +2.8% |
| Amounts payable | 17/49 | €71,398 | €32,678 | -€38,720 | -54.2% |
| Amounts payable within one year | 42/48 | €71,398 | €32,678 | -€38,720 | -54.2% |
| Trade debts | 44 | €30,978 | €3,525 | -€27,453 | -88.6% |
| Suppliers | 440/4 | €30,978 | €3,525 | -€27,453 | -88.6% |
| Taxes, remuneration and social security | 45 | €40,420 | €29,154 | -€11,266 | -27.9% |
| Taxes | 450/3 | €9,349 | €20,527 | +€11,177 | +119.6% |
| Remuneration and social security | 454/9 | €31,071 | €8,627 | -€22,444 | -72.2% |
| Turnover | 70 | - | €320,960 | +€320,960 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €257,091 | +€257,091 | |
| Remuneration, social security and pensions | 62 | €82,640 | €50,003 | -€32,637 | -39.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,819 | €5,034 | +€1,214 | +31.8% |
| Other operating charges | 640/8 | €1,446 | €14,552 | +€13,107 | +906.7% |
| Gross operating margin | 9900 | €89,399 | €72,318 | -€17,081 | -19.1% |
| Operating profit (loss) | 9901 | €1,494 | €2,729 | +€1,235 | +82.6% |
| Financial income | 75/76B | €12 | €3,541 | +€3,529 | +30373.1% |
| Recurring financial income | 75 | €12 | €3,541 | +€3,529 | +30373.1% |
| Financial charges | 65/66B | €629 | €572 | -€56 | -9.0% |
| Recurring financial charges | 65 | €629 | €572 | -€56 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €877 | €5,698 | +€4,821 | +549.4% |
| Income taxes | 67/77 | €752 | €4,767 | +€4,015 | +533.9% |
| Profit (loss) for the period | 9904 | €125 | €931 | +€806 | +642.7% |
| Profit (loss) for the period to be appropriated | 9905 | €125 | €931 | +€806 | +642.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.