O.A. NASER: 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.
O.A. NASER
Largest movements
- Cash +€9,485
up €9,485 (+124%), from €7,623 to €17,108
mainly Net result for the year (+€9,197) and Stocks and contracts (+€707)
- Stocks and contracts -€707
no longer reported in 2025 (was €707)
- Receivables within one year +€405
up €405 (+30.3%), from €1,336 to €1,741
of which Trade receivables: +€507
- Profit (loss) carried forward +€9,197
up €9,197, from -€137 to €9,060
- Purchases and services -€4,282
down €4,282 (-8.3%), from €51,759 to €47,477
- Gross operating margin +€2,439
up €2,439 (+35.9%), from €6,798 to €9,237
- Turnover -€2,023
down €2,023 (-4.0%), from €50,557 to €48,534
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 | €9,666 | €18,848 | +€9,183 | +95.0% |
| Current assets | 29/58 | €9,666 | €18,848 | +€9,183 | +95.0% |
| Stocks and contracts in progress | 3 | €707 | - | -€707 | |
| Stocks | 30/36 | €707 | - | -€707 | |
| Amounts receivable within one year | 40/41 | €1,336 | €1,741 | +€405 | +30.3% |
| Trade receivables | 40 | €1,053 | €1,559 | +€507 | +48.1% |
| Other amounts receivable | 41 | €283 | €181 | -€102 | -36.0% |
| Cash at bank and in hand | 54/58 | €7,623 | €17,108 | +€9,485 | +124% |
| Total equity and liabilities | 10/49 | €9,666 | €18,848 | +€9,183 | +95.0% |
| Equity | 10/15 | €6,063 | €15,260 | +€9,197 | +152% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€137 | €9,060 | +€9,197 | |
| Amounts payable | 17/49 | €3,603 | €3,588 | -€14 | -0.4% |
| Amounts payable within one year | 42/48 | €3,603 | €3,588 | -€14 | -0.4% |
| Trade debts | 44 | €191 | €330 | +€140 | +73.2% |
| Suppliers | 440/4 | €191 | €330 | +€140 | +73.2% |
| Taxes, remuneration and social security | 45 | €3,412 | €3,258 | -€154 | -4.5% |
| Taxes | 450/3 | €1,512 | €1,358 | -€154 | -10.2% |
| Remuneration and social security | 454/9 | €1,900 | €1,900 | = | 0.0% |
| Turnover | 70 | €50,557 | €48,534 | -€2,023 | -4.0% |
| Non-recurring operating income | 76A | €8,000 | €8,180 | +€180 | +2.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €51,759 | €47,477 | -€4,282 | -8.3% |
| Gross operating margin | 9900 | €6,798 | €9,237 | +€2,439 | +35.9% |
| Operating profit (loss) | 9901 | €6,798 | €9,237 | +€2,439 | +35.9% |
| Financial charges | 65/66B | €265 | €40 | -€225 | -84.8% |
| Recurring financial charges | 65 | €265 | €40 | -€225 | -84.8% |
| Profit (loss) for the period before taxes | 9903 | €6,533 | €9,197 | +€2,664 | +40.8% |
| Profit (loss) for the period | 9904 | €6,533 | €9,197 | +€2,664 | +40.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,533 | €9,197 | +€2,664 | +40.8% |
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 16 October 2026 via checked.be.