NENA SALES: what changed
What changed
NENA SALES
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€151,672
2024 · €121,884+€29,788
Equity
€358,350
2024 · €421,678-€63,328
Cash
€393,546
2024 · €170,901+€222,644
Balance sheet total
€583,224
2024 · €525,183+€58,041
Largest movements
Assets
- Cash +€222,644
up €222,644 (+130%), from €170,901 to €393,546
mainly Net result for the year (+€151,672) and Current investments (+€149,990)
- Current investments -€149,990
down €149,990 (-100%), from €149,990 to €0
- Tangible fixed assets -€14,743
down €14,743 (-14.8%), from €99,784 to €85,041
of which Furniture and vehicles: -€27,327
Equity and liabilities
- Other debts +€129,368
up €129,368 (+1,530%), from €8,455 to €137,823
- Reserves -€63,328
down €63,328 (-15.7%), from €403,078 to €339,750
- Debts after one year -€9,119
down €9,119 (-48.9%), from €18,640 to €9,521
Income statement
- Gross operating margin +€22,440
up €22,440 (+4.7%), from €474,215 to €496,654
- Staff costs +€18,986
up €18,986 (+7.4%), from €255,728 to €274,714
- Taxes -€18,164
down €18,164 (-33.5%), from €54,209 to €36,045
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€121,884
Gross operating margin
+€22,440
Staff costs
-€18,986
Depreciation
-€630
Other operating charges
+€3,872
Financial income
+€3,782
Financial charges
+€1,146
Taxes
+€18,164
Result 2025
€151,672
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€316,473
Investment
+€129,906
Financing
-€223,735
Cash 2024
€170,901
From operations (derived)
+€316,473
Net result for the year
+€151,672
Depreciation
+€34,827
Receivables within one year
-€1,269
Deferred charges and accrued income
+€1,139
Trade debts
-€2,589
Tax, wage and social debts
+€3,325
Other debts
+€129,368
Investment (derived)
+€129,906
Investment in fixed assets (net)
-€20,084
Current investments
+€149,990
Financing
-€223,735
Debts after one year
-€9,119
Current portion of long-term debt
+€385
Contributions, distributions and other
-€215,000
Cash 2025
€393,546
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €525,183 | €583,224 | +€58,041 | +11.1% |
| Fixed assets | 21/28 | €99,784 | €85,041 | -€14,743 | -14.8% |
| Tangible fixed assets | 22/27 | €99,784 | €85,041 | -€14,743 | -14.8% |
| Plant, machinery and equipment | 23 | €2,278 | €1,506 | -€772 | -33.9% |
| Furniture and vehicles | 24 | €84,788 | €57,461 | -€27,327 | -32.2% |
| Other tangible fixed assets | 26 | €12,718 | €26,075 | +€13,356 | +105% |
| Current assets | 29/58 | €425,399 | €498,183 | +€72,784 | +17.1% |
| Amounts receivable within one year | 40/41 | €93,740 | €95,009 | +€1,269 | +1.4% |
| Trade receivables | 40 | €72,935 | €91,030 | +€18,095 | +24.8% |
| Other amounts receivable | 41 | €20,805 | €3,978 | -€16,826 | -80.9% |
| Current investments | 50/53 | €149,990 | €0 | -€149,990 | -100% |
| Cash at bank and in hand | 54/58 | €170,901 | €393,546 | +€222,644 | +130% |
| Deferred charges and accrued income | 490/1 | €10,767 | €9,629 | -€1,139 | -10.6% |
| Total equity and liabilities | 10/49 | €525,183 | €583,224 | +€58,041 | +11.1% |
| Equity | 10/15 | €421,678 | €358,350 | -€63,328 | -15.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €403,078 | €339,750 | -€63,328 | -15.7% |
| Distributable reserves | 133 | €403,078 | €339,750 | -€63,328 | -15.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €103,505 | €224,874 | +€121,369 | +117% |
| Amounts payable after more than one year | 17 | €18,640 | €9,521 | -€9,119 | -48.9% |
| Financial debts | 170/4 | €18,640 | €9,521 | -€9,119 | -48.9% |
| Amounts payable within one year | 42/48 | €84,865 | €215,354 | +€130,489 | +154% |
| Current portion of amounts payable after more than one year | 42 | €8,735 | €9,119 | +€385 | +4.4% |
| Trade debts | 44 | €6,199 | €3,610 | -€2,589 | -41.8% |
| Suppliers | 440/4 | €6,199 | €3,610 | -€2,589 | -41.8% |
| Taxes, remuneration and social security | 45 | €61,476 | €64,801 | +€3,325 | +5.4% |
| Taxes | 450/3 | €14,422 | €14,393 | -€29 | -0.2% |
| Remuneration and social security | 454/9 | €47,054 | €50,409 | +€3,355 | +7.1% |
| Other amounts payable | 47/48 | €8,455 | €137,823 | +€129,368 | +1,530% |
| Non-recurring operating income | 76A | - | €45,535 | +€45,535 | |
| Remuneration, social security and pensions | 62 | €255,728 | €274,714 | +€18,986 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,197 | €34,827 | +€630 | +1.8% |
| Other operating charges | 640/8 | €5,488 | €1,616 | -€3,872 | -70.6% |
| Gross operating margin | 9900 | €474,215 | €496,654 | +€22,440 | +4.7% |
| Operating profit (loss) | 9901 | €178,802 | €185,497 | +€6,695 | +3.7% |
| Financial income | 75/76B | €180 | €3,962 | +€3,782 | +2,097% |
| Recurring financial income | 75 | €180 | €3,962 | +€3,782 | +2,097% |
| Financial charges | 65/66B | €2,889 | €1,743 | -€1,146 | -39.7% |
| Recurring financial charges | 65 | €2,889 | €1,743 | -€1,146 | -39.7% |
| Profit (loss) for the period before taxes | 9903 | €176,093 | €187,717 | +€11,623 | +6.6% |
| Income taxes | 67/77 | €54,209 | €36,045 | -€18,164 | -33.5% |
| Profit (loss) for the period | 9904 | €121,884 | €151,672 | +€29,788 | +24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €121,884 | €151,672 | +€29,788 | +24.4% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.