NH AUTHENTIC: 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.
NH AUTHENTIC
Largest movements
- Cash +€6,171
up €6,171 (+12.3%), from €50,191 to €56,362
mainly Net result for the year (+€22,178) and Depreciation (+€1,457)
- Reserves +€49,360
new in 2025: €49,360
- Profit (loss) carried forward -€42,181
no longer reported in 2025 (was €42,181)
- Gross operating margin +€5,667
up €5,667 (+21.9%), from €25,910 to €31,576
- Taxes +€1,603
up €1,603 (+27.6%), from €5,798 to €7,401
- Depreciation +€411
up €411 (+39.3%), from €1,046 to €1,457
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.
Cash bridge derived
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 | €52,869 | €59,427 | +€6,558 | +12.4% |
| Fixed assets | 21/28 | €2,678 | €3,065 | +€387 | +14.5% |
| Tangible fixed assets | 22/27 | €2,678 | €3,065 | +€387 | +14.5% |
| Furniture and vehicles | 24 | €2,678 | €3,065 | +€387 | +14.5% |
| Current assets | 29/58 | €50,191 | €56,362 | +€6,171 | +12.3% |
| Cash at bank and in hand | 54/58 | €50,191 | €56,362 | +€6,171 | +12.3% |
| Total equity and liabilities | 10/49 | €52,869 | €59,427 | +€6,558 | +12.4% |
| Equity | 10/15 | €44,681 | €51,860 | +€7,178 | +16.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €49,360 | +€49,360 | |
| Distributable reserves | 133 | - | €49,360 | +€49,360 | |
| Profit (loss) carried forward | 14 | €42,181 | - | -€42,181 | |
| Amounts payable | 17/49 | €8,188 | €7,567 | -€621 | -7.6% |
| Amounts payable within one year | 42/48 | €8,188 | €7,567 | -€621 | -7.6% |
| Trade debts | 44 | €299 | €427 | +€128 | +42.8% |
| Suppliers | 440/4 | €299 | €427 | +€128 | +42.8% |
| Taxes, remuneration and social security | 45 | €3,663 | €3,122 | -€540 | -14.8% |
| Taxes | 450/3 | €1,363 | €2,222 | +€860 | +63.1% |
| Remuneration and social security | 454/9 | €2,300 | €900 | -€1,400 | -60.9% |
| Other amounts payable | 47/48 | €4,226 | €4,018 | -€208 | -4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,046 | €1,457 | +€411 | +39.3% |
| Other operating charges | 640/8 | €468 | €483 | +€16 | +3.3% |
| Gross operating margin | 9900 | €25,910 | €31,576 | +€5,667 | +21.9% |
| Operating profit (loss) | 9901 | €24,396 | €29,637 | +€5,240 | +21.5% |
| Financial income | 75/76B | €77 | €68 | -€9 | -11.7% |
| Recurring financial income | 75 | €77 | €68 | -€9 | -11.7% |
| Financial charges | 65/66B | €137 | €125 | -€12 | -9.1% |
| Recurring financial charges | 65 | €137 | €125 | -€12 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €24,336 | €29,580 | +€5,244 | +21.5% |
| Income taxes | 67/77 | €5,798 | €7,401 | +€1,603 | +27.6% |
| Profit (loss) for the period | 9904 | €18,538 | €22,178 | +€3,641 | +19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €18,538 | €22,178 | +€3,641 | +19.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.