SO NATAL: 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.
SO NATAL
Largest movements
- Cash +€17,920
up €17,920 (+201.5%), from €8,893 to €26,812
mainly Other debts (+€20,562) and Depreciation (+€4,829)
- Tangible fixed assets -€4,829
down €4,829 (-37.2%), from €12,985 to €8,156
- Other debts +€20,562
up €20,562 (+159.9%), from €12,857 to €33,420
- Profit (loss) carried forward -€8,485
down €8,485, from €4,817 to -€3,668
- Trade debts +€1,013
up €1,013 (+88.9%), from €1,140 to €2,153
- Gross operating margin -€12,093
down €12,093, from €8,552 to -€3,541
- Depreciation +€3,026
up €3,026 (+167.7%), from €1,804 to €4,829
- Taxes -€1,427
no longer reported in 2025 (was €1,427)
- Other operating charges -€504
no longer reported in 2025 (was €504)
- Financial charges +€115
new in 2025: €115
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 | €22,241 | €35,331 | +€13,091 | +58.9% |
| Fixed assets | 21/28 | €13,348 | €8,519 | -€4,829 | -36.2% |
| Tangible fixed assets | 22/27 | €12,985 | €8,156 | -€4,829 | -37.2% |
| Furniture and vehicles | 24 | €12,985 | €8,156 | -€4,829 | -37.2% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €8,893 | €26,812 | +€17,920 | +201.5% |
| Cash at bank and in hand | 54/58 | €8,893 | €26,812 | +€17,920 | +201.5% |
| Total equity and liabilities | 10/49 | €22,241 | €35,331 | +€13,091 | +58.9% |
| Equity | 10/15 | €6,817 | -€1,668 | -€8,485 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,817 | -€3,668 | -€8,485 | |
| Amounts payable | 17/49 | €15,424 | €36,999 | +€21,576 | +139.9% |
| Amounts payable within one year | 42/48 | €15,424 | €36,999 | +€21,576 | +139.9% |
| Trade debts | 44 | €1,140 | €2,153 | +€1,013 | +88.9% |
| Suppliers | 440/4 | €1,140 | €2,153 | +€1,013 | +88.9% |
| Taxes, remuneration and social security | 45 | €1,427 | €1,427 | = | 0.0% |
| Taxes | 450/3 | €1,427 | €1,427 | = | 0.0% |
| Other amounts payable | 47/48 | €12,857 | €33,420 | +€20,562 | +159.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,804 | €4,829 | +€3,026 | +167.7% |
| Other operating charges | 640/8 | €504 | - | -€504 | |
| Gross operating margin | 9900 | €8,552 | -€3,541 | -€12,093 | |
| Operating profit (loss) | 9901 | €6,244 | -€8,370 | -€14,614 | |
| Financial charges | 65/66B | - | €115 | +€115 | |
| Recurring financial charges | 65 | - | €115 | +€115 | |
| Profit (loss) for the period before taxes | 9903 | €6,244 | -€8,485 | -€14,729 | |
| Income taxes | 67/77 | €1,427 | - | -€1,427 | |
| Profit (loss) for the period | 9904 | €4,817 | -€8,485 | -€13,303 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,817 | -€8,485 | -€13,303 |
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 12 October 2026 via checked.be.