NHN: 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.
NHN
Largest movements
- Cash -€53,251
down €53,251 (-90.5%), from €58,824 to €5,573
mainly Other debts (-€166,417) and Deferred charges and accrued income (-€52,997)
- Deferred charges and accrued income +€52,997
up €52,997 (+159%), from €33,292 to €86,289
- Financial fixed assets +€28,000
new in 2025: €28,000
- Tangible fixed assets +€4,365
up €4,365 (+28.5%), from €15,298 to €19,663
of which Furniture and vehicles: +€9,568
- Profit (loss) carried forward +€171,627
new in 2025: €171,627
- Other debts -€166,417
no longer reported in 2025 (was €166,417)
- Tax, wage and social debts +€40,300
up €40,300 (+205%), from €19,700 to €60,000
of which Taxes: +€42,300
- Current portion of long-term debt -€6,912
no longer reported in 2025 (was €6,912)
- Debts after one year -€6,259
no longer reported in 2025 (was €6,259)
- Purchases and services -€115,907
no longer reported in 2025 (was €115,907)
- Depreciation -€8,059
down €8,059 (-49.0%), from €16,442 to €8,384
- Gross operating margin -€6,667
down €6,667 (-2.8%), from €242,442 to €235,775
- Other operating charges -€3,519
down €3,519 (-71.2%), from €4,943 to €1,423
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 | €204,958 | €236,627 | +€31,668 | +15.5% |
| Fixed assets | 21/28 | €15,298 | €47,663 | +€32,365 | +212% |
| Tangible fixed assets | 22/27 | €15,298 | €19,663 | +€4,365 | +28.5% |
| Plant, machinery and equipment | 23 | - | €3,082 | +€3,082 | |
| Furniture and vehicles | 24 | €7,012 | €16,581 | +€9,568 | +136% |
| Leasing and similar rights | 25 | €8,285 | - | -€8,285 | |
| Financial fixed assets | 28 | - | €28,000 | +€28,000 | |
| Current assets | 29/58 | €189,661 | €188,963 | -€697 | -0.4% |
| Amounts receivable within one year | 40/41 | €97,544 | €97,101 | -€443 | -0.5% |
| Trade receivables | 40 | - | €313 | +€313 | |
| Other amounts receivable | 41 | €97,544 | €96,789 | -€755 | -0.8% |
| Cash at bank and in hand | 54/58 | €58,824 | €5,573 | -€53,251 | -90.5% |
| Deferred charges and accrued income | 490/1 | €33,292 | €86,289 | +€52,997 | +159% |
| Total equity and liabilities | 10/49 | €204,958 | €236,627 | +€31,668 | +15.5% |
| Equity | 10/15 | €5,000 | €176,627 | +€171,627 | +3,433% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €171,627 | +€171,627 | |
| Amounts payable | 17/49 | €199,958 | €60,000 | -€139,958 | -70.0% |
| Amounts payable after more than one year | 17 | €6,259 | - | -€6,259 | |
| Financial debts | 170/4 | €6,259 | - | -€6,259 | |
| Amounts payable within one year | 42/48 | €193,597 | €60,000 | -€133,597 | -69.0% |
| Current portion of amounts payable after more than one year | 42 | €6,912 | - | -€6,912 | |
| Trade debts | 44 | €568 | - | -€568 | |
| Suppliers | 440/4 | €568 | - | -€568 | |
| Taxes, remuneration and social security | 45 | €19,700 | €60,000 | +€40,300 | +205% |
| Taxes | 450/3 | €17,700 | €60,000 | +€42,300 | +239% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €166,417 | - | -€166,417 | |
| Accrued charges and deferred income | 492/3 | €102 | - | -€102 | |
| Goods, raw materials, services and sundry goods | 60/61 | €115,907 | - | -€115,907 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,442 | €8,384 | -€8,059 | -49.0% |
| Other operating charges | 640/8 | €4,943 | €1,423 | -€3,519 | -71.2% |
| Non-recurring operating charges | 66A | - | €5 | +€5 | |
| Gross operating margin | 9900 | €242,442 | €235,775 | -€6,667 | -2.8% |
| Operating profit (loss) | 9901 | €221,057 | €225,962 | +€4,906 | +2.2% |
| Financial income | 75/76B | €4,142 | €6,139 | +€1,997 | +48.2% |
| Recurring financial income | 75 | €4,142 | €5,214 | +€1,072 | +25.9% |
| Non-recurring financial income | 76B | - | €925 | +€925 | |
| Financial charges | 65/66B | €1,016 | €475 | -€541 | -53.3% |
| Recurring financial charges | 65 | €1,016 | €475 | -€541 | -53.3% |
| Profit (loss) for the period before taxes | 9903 | €224,183 | €231,627 | +€7,443 | +3.3% |
| Income taxes | 67/77 | €57,766 | €60,000 | +€2,234 | +3.9% |
| Profit (loss) for the period | 9904 | €166,417 | €171,627 | +€5,209 | +3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €166,417 | €171,627 | +€5,209 | +3.1% |
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 24 October 2026 via checked.be.