Nodri: 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.
Nodri
Largest movements
- Cash +€146,971
up €146,971 (+90.7%), from €162,033 to €309,004
mainly Net result for the year (+€103,666) and Tax, wage and social debts (+€52,408)
- Tangible fixed assets +€9,752
up €9,752 (+23.4%), from €41,603 to €51,355
of which Plant, machinery and equipment: +€10,217
- Reserves +€103,666
new in 2025: €103,666
- Tax, wage and social debts +€52,408
up €52,408 (+237.9%), from €22,027 to €74,435
- Other debts +€13,512
new in 2025: €13,512
- Trade debts -€6,805
down €6,805 (-52.3%), from €13,014 to €6,210
- Advances received -€6,210
no longer reported in 2025 (was €6,210)
- Gross operating margin +€72,351
up €72,351 (+76.4%), from €94,748 to €167,098
- Taxes +€32,367
up €32,367 (+179.2%), from €18,064 to €50,430
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 | €204,479 | €361,052 | +€156,573 | +76.6% |
| Fixed assets | 21/28 | €41,603 | €51,355 | +€9,752 | +23.4% |
| Tangible fixed assets | 22/27 | €41,603 | €51,355 | +€9,752 | +23.4% |
| Plant, machinery and equipment | 23 | - | €10,217 | +€10,217 | |
| Furniture and vehicles | 24 | €41,603 | €41,138 | -€465 | -1.1% |
| Current assets | 29/58 | €162,876 | €309,697 | +€146,821 | +90.1% |
| Amounts receivable within one year | 40/41 | €843 | €693 | -€150 | -17.8% |
| Trade receivables | 40 | - | €693 | +€693 | |
| Other amounts receivable | 41 | €843 | - | -€843 | |
| Cash at bank and in hand | 54/58 | €162,033 | €309,004 | +€146,971 | +90.7% |
| Total equity and liabilities | 10/49 | €204,479 | €361,052 | +€156,573 | +76.6% |
| Equity | 10/15 | €163,228 | €266,895 | +€103,666 | +63.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €103,666 | +€103,666 | |
| Distributable reserves | 133 | - | €103,666 | +€103,666 | |
| Profit (loss) carried forward | 14 | €158,228 | €158,228 | = | 0.0% |
| Amounts payable | 17/49 | €41,251 | €94,157 | +€52,906 | +128.3% |
| Amounts payable within one year | 42/48 | €41,251 | €94,157 | +€52,906 | +128.3% |
| Trade debts | 44 | €13,014 | €6,210 | -€6,805 | -52.3% |
| Suppliers | 440/4 | €13,014 | €6,210 | -€6,805 | -52.3% |
| Advances received on contracts in progress | 46 | €6,210 | - | -€6,210 | |
| Taxes, remuneration and social security | 45 | €22,027 | €74,435 | +€52,408 | +237.9% |
| Taxes | 450/3 | €22,027 | €74,435 | +€52,408 | +237.9% |
| Other amounts payable | 47/48 | - | €13,512 | +€13,512 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,470 | €11,644 | +€1,175 | +11.2% |
| Other operating charges | 640/8 | €720 | €1,319 | +€599 | +83.2% |
| Gross operating margin | 9900 | €94,748 | €167,098 | +€72,351 | +76.4% |
| Operating profit (loss) | 9901 | €83,558 | €154,135 | +€70,577 | +84.5% |
| Financial income | 75/76B | - | €74 | +€74 | |
| Recurring financial income | 75 | - | €74 | +€74 | |
| Financial charges | 65/66B | €117 | €112 | -€5 | -4.2% |
| Recurring financial charges | 65 | €117 | €112 | -€5 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | €83,441 | €154,097 | +€70,656 | +84.7% |
| Income taxes | 67/77 | €18,064 | €50,430 | +€32,367 | +179.2% |
| Profit (loss) for the period | 9904 | €65,377 | €103,666 | +€38,289 | +58.6% |
| Profit (loss) for the period to be appropriated | 9905 | €65,377 | €103,666 | +€38,289 | +58.6% |
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.