NLA arch: 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.
NLA arch
Largest movements
- Cash +€15,666
up €15,666 (+53.2%), from €29,434 to €45,099
mainly Other debts (+€14,456) and Net result for the year (+€13,623)
- Receivables within one year +€6,445
up €6,445 (+13.9%), from €46,232 to €52,677
of which Trade receivables: +€10,058
- Deferred charges and accrued income +€2,426
up €2,426 (+63.6%), from €3,812 to €6,238
- Other debts +€14,456
up €14,456 (+526.9%), from €2,744 to €17,199
- Tax, wage and social debts +€8,295
up €8,295 (+858.2%), from €967 to €9,262
- Current portion of long-term debt -€3,375
down €3,375 (-100.0%), from €3,375 to €0
- Short-term financial debts +€3,372
new in 2025: €3,372
- Trade debts +€2,543
up €2,543 (+39.5%), from €6,432 to €8,975
- Depreciation -€3,456
down €3,456 (-27.5%), from €12,582 to €9,126
- Gross operating margin +€3,112
up €3,112 (+12.1%), from €25,615 to €28,727
- Taxes +€518
up €518 (+11.5%), from €4,499 to €5,017
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 | €98,309 | €123,768 | +€25,459 | +25.9% |
| Fixed assets | 21/28 | €18,831 | €19,754 | +€923 | +4.9% |
| Tangible fixed assets | 22/27 | €18,831 | €19,754 | +€923 | +4.9% |
| Plant, machinery and equipment | 23 | €2,066 | €7,382 | +€5,317 | +257.4% |
| Furniture and vehicles | 24 | €3,837 | €2,061 | -€1,776 | -46.3% |
| Other tangible fixed assets | 26 | €12,929 | €10,310 | -€2,619 | -20.3% |
| Current assets | 29/58 | €79,478 | €104,014 | +€24,536 | +30.9% |
| Amounts receivable within one year | 40/41 | €46,232 | €52,677 | +€6,445 | +13.9% |
| Trade receivables | 40 | €32,118 | €42,176 | +€10,058 | +31.3% |
| Other amounts receivable | 41 | €14,115 | €10,501 | -€3,614 | -25.6% |
| Cash at bank and in hand | 54/58 | €29,434 | €45,099 | +€15,666 | +53.2% |
| Deferred charges and accrued income | 490/1 | €3,812 | €6,238 | +€2,426 | +63.6% |
| Total equity and liabilities | 10/49 | €98,309 | €123,768 | +€25,459 | +25.9% |
| Equity | 10/15 | €84,791 | €84,791 | = | 0.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €78,591 | €78,591 | = | 0.0% |
| Distributable reserves | 133 | €78,591 | €78,591 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €13,518 | €38,977 | +€25,459 | +188.3% |
| Amounts payable within one year | 42/48 | €13,518 | €38,809 | +€25,291 | +187.1% |
| Current portion of amounts payable after more than one year | 42 | €3,375 | €0 | -€3,375 | -100.0% |
| Financial debts | 43 | - | €3,372 | +€3,372 | |
| Credit institutions | 430/8 | - | €3,372 | +€3,372 | |
| Trade debts | 44 | €6,432 | €8,975 | +€2,543 | +39.5% |
| Suppliers | 440/4 | €6,432 | €8,975 | +€2,543 | +39.5% |
| Taxes, remuneration and social security | 45 | €967 | €9,262 | +€8,295 | +858.2% |
| Taxes | 450/3 | €967 | €9,262 | +€8,295 | +858.2% |
| Other amounts payable | 47/48 | €2,744 | €17,199 | +€14,456 | +526.9% |
| Accrued charges and deferred income | 492/3 | - | €168 | +€168 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,582 | €9,126 | -€3,456 | -27.5% |
| Other operating charges | 640/8 | €528 | €610 | +€82 | +15.5% |
| Gross operating margin | 9900 | €25,615 | €28,727 | +€3,112 | +12.1% |
| Operating profit (loss) | 9901 | €12,506 | €18,992 | +€6,486 | +51.9% |
| Financial charges | 65/66B | €505 | €352 | -€153 | -30.3% |
| Recurring financial charges | 65 | €505 | €352 | -€153 | -30.3% |
| Profit (loss) for the period before taxes | 9903 | €12,001 | €18,640 | +€6,639 | +55.3% |
| Income taxes | 67/77 | €4,499 | €5,017 | +€518 | +11.5% |
| Profit (loss) for the period | 9904 | €7,502 | €13,623 | +€6,121 | +81.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,502 | €13,623 | +€6,121 | +81.6% |
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 11 October 2026 via checked.be.