NSANGANO: 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.
NSANGANO
Largest movements
- Receivables within one year +€15,696
up €15,696 (+83.8%), from €18,729 to €34,424
of which Other amounts receivable: +€10,102
- Cash +€12,014
up €12,014 (+9386.2%), from €128 to €12,142
mainly Trade debts (+€15,449) and Depreciation (+€9,166)
- Tangible fixed assets -€9,166
down €9,166 (-52.2%), from €17,555 to €8,389
- Trade debts +€15,449
up €15,449 (+137.2%), from €11,259 to €26,707
- Tax, wage and social debts +€4,948
up €4,948 (+62.8%), from €7,874 to €12,822
- Profit (loss) carried forward -€1,852
down €1,852 (-12.0%), from €15,413 to €13,561
- Gross operating margin -€10,505
down €10,505 (-40.7%), from €25,781 to €15,276
- Other operating charges +€5,516
up €5,516 (+1101.7%), from €501 to €6,017
- Depreciation +€4,221
up €4,221 (+85.4%), from €4,945 to €9,166
- Taxes -€2,844
down €2,844 (-64.1%), from €4,435 to €1,591
- Financial income +€295
new in 2025: €295
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 | €36,547 | €55,091 | +€18,544 | +50.7% |
| Fixed assets | 21/28 | €17,690 | €8,524 | -€9,166 | -51.8% |
| Tangible fixed assets | 22/27 | €17,555 | €8,389 | -€9,166 | -52.2% |
| Furniture and vehicles | 24 | €17,555 | €8,389 | -€9,166 | -52.2% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €18,857 | €46,567 | +€27,710 | +147.0% |
| Amounts receivable within one year | 40/41 | €18,729 | €34,424 | +€15,696 | +83.8% |
| Trade receivables | 40 | €18,331 | €23,925 | +€5,594 | +30.5% |
| Other amounts receivable | 41 | €398 | €10,499 | +€10,102 | +2539.7% |
| Cash at bank and in hand | 54/58 | €128 | €12,142 | +€12,014 | +9386.2% |
| Total equity and liabilities | 10/49 | €36,547 | €55,091 | +€18,544 | +50.7% |
| Equity | 10/15 | €17,413 | €15,561 | -€1,852 | -10.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,413 | €13,561 | -€1,852 | -12.0% |
| Amounts payable | 17/49 | €19,133 | €39,529 | +€20,396 | +106.6% |
| Amounts payable within one year | 42/48 | €19,133 | €39,529 | +€20,396 | +106.6% |
| Trade debts | 44 | €11,259 | €26,707 | +€15,449 | +137.2% |
| Suppliers | 440/4 | €11,259 | €26,707 | +€15,449 | +137.2% |
| Taxes, remuneration and social security | 45 | €7,874 | €12,822 | +€4,948 | +62.8% |
| Taxes | 450/3 | €7,874 | €12,822 | +€4,948 | +62.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,945 | €9,166 | +€4,221 | +85.4% |
| Other operating charges | 640/8 | €501 | €6,017 | +€5,516 | +1101.7% |
| Gross operating margin | 9900 | €25,781 | €15,276 | -€10,505 | -40.7% |
| Operating profit (loss) | 9901 | €20,335 | €93 | -€20,243 | -99.5% |
| Financial income | 75/76B | - | €295 | +€295 | |
| Recurring financial income | 75 | - | €295 | +€295 | |
| Financial charges | 65/66B | €487 | €649 | +€163 | +33.4% |
| Recurring financial charges | 65 | €487 | €649 | +€163 | +33.4% |
| Profit (loss) for the period before taxes | 9903 | €19,849 | -€261 | -€20,110 | |
| Income taxes | 67/77 | €4,435 | €1,591 | -€2,844 | -64.1% |
| Profit (loss) for the period | 9904 | €15,413 | -€1,852 | -€17,266 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,413 | -€1,852 | -€17,266 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.