NENA CONSULT: 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.
NENA CONSULT
Largest movements
- Receivables within one year +€74,538
up €74,538 (+220%), from €33,898 to €108,436
of which Other amounts receivable: +€44,739
- Cash +€29,259
up €29,259 (+828%), from €3,535 to €32,793
mainly Net result for the year (+€82,318) and Tax, wage and social debts (+€24,258)
- Deferred charges and accrued income +€2,660
up €2,660 (+331%), from €804 to €3,463
- Reserves +€82,400
up €82,400 (+305%), from €27,000 to €109,400
- Tax, wage and social debts +€24,258
up €24,258 (+329%), from €7,377 to €31,634
- Turnover -€88,437
no longer reported in 2025 (was €88,437)
- Gross operating margin +€71,100
up €71,100 (+194%), from €36,596 to €107,696
- Purchases and services -€53,122
no longer reported in 2025 (was €53,122)
- Taxes +€14,883
up €14,883 (+202%), from €7,377 to €22,260
- Financial charges +€2,423
up €2,423 (+165%), from €1,465 to €3,888
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 | €38,236 | €145,891 | +€107,655 | +282% |
| Fixed assets | 21/28 | - | €1,198 | +€1,198 | |
| Tangible fixed assets | 22/27 | - | €1,198 | +€1,198 | |
| Furniture and vehicles | 24 | - | €1,198 | +€1,198 | |
| Current assets | 29/58 | €38,236 | €144,693 | +€106,457 | +278% |
| Amounts receivable within one year | 40/41 | €33,898 | €108,436 | +€74,538 | +220% |
| Trade receivables | 40 | €26,644 | €56,443 | +€29,799 | +112% |
| Other amounts receivable | 41 | €7,255 | €51,994 | +€44,739 | +617% |
| Cash at bank and in hand | 54/58 | €3,535 | €32,793 | +€29,259 | +828% |
| Deferred charges and accrued income | 490/1 | €804 | €3,463 | +€2,660 | +331% |
| Total equity and liabilities | 10/49 | €38,236 | €145,891 | +€107,655 | +282% |
| Equity | 10/15 | €30,095 | €112,413 | +€82,318 | +274% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €27,000 | €109,400 | +€82,400 | +305% |
| Distributable reserves | 133 | €27,000 | €109,400 | +€82,400 | +305% |
| Profit (loss) carried forward | 14 | €95 | €13 | -€82 | -86.4% |
| Amounts payable | 17/49 | €8,142 | €33,478 | +€25,337 | +311% |
| Amounts payable within one year | 42/48 | €8,142 | €33,478 | +€25,337 | +311% |
| Trade debts | 44 | €765 | €1,844 | +€1,079 | +141% |
| Suppliers | 440/4 | €765 | €1,844 | +€1,079 | +141% |
| Taxes, remuneration and social security | 45 | €7,377 | €31,634 | +€24,258 | +329% |
| Taxes | 450/3 | €7,377 | €31,634 | +€24,258 | +329% |
| Turnover | 70 | €88,437 | - | -€88,437 | |
| Goods, raw materials, services and sundry goods | 60/61 | €53,122 | - | -€53,122 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €165 | +€165 | |
| Other operating charges | 640/8 | €698 | €780 | +€82 | +11.7% |
| Gross operating margin | 9900 | €36,596 | €107,696 | +€71,100 | +194% |
| Operating profit (loss) | 9901 | €35,899 | €106,752 | +€70,854 | +197% |
| Financial income | 75/76B | €38 | €1,714 | +€1,676 | +4,463% |
| Recurring financial income | 75 | €38 | €1,714 | +€1,676 | +4,463% |
| Financial charges | 65/66B | €1,465 | €3,888 | +€2,423 | +165% |
| Recurring financial charges | 65 | €1,465 | €3,888 | +€2,423 | +165% |
| Profit (loss) for the period before taxes | 9903 | €34,471 | €104,578 | +€70,107 | +203% |
| Income taxes | 67/77 | €7,377 | €22,260 | +€14,883 | +202% |
| Profit (loss) for the period | 9904 | €27,095 | €82,318 | +€55,224 | +204% |
| Profit (loss) for the period to be appropriated | 9905 | €27,095 | €82,318 | +€55,224 | +204% |
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.