TOP NAILS: 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.
TOP NAILS
Largest movements
- Cash -€1,922
down €1,922 (-69.6%), from €2,763 to €840
mainly Other debts (-€2,578) and Tax, wage and social debts (-€420)
- Tangible fixed assets -€169
down €169 (-47.2%), from €358 to €189
- Other debts -€2,578
down €2,578 (-48.0%), from €5,367 to €2,790
- Trade debts +€914
new in 2025: €914
- Tax, wage and social debts -€420
down €420 (-57.9%), from €726 to €306
- Gross operating margin +€1,323
up €1,323 (+714.4%), from €185 to €1,509
- Depreciation -€1,011
down €1,011 (-85.7%), from €1,180 to €169
- Taxes -€430
down €430, from €261 to -€169
- Other operating charges +€176
up €176 (+14.4%), from €1,220 to €1,396
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 | €3,621 | €1,529 | -€2,091 | -57.8% |
| Fixed assets | 21/28 | €358 | €189 | -€169 | -47.2% |
| Tangible fixed assets | 22/27 | €358 | €189 | -€169 | -47.2% |
| Plant, machinery and equipment | 23 | €358 | €189 | -€169 | -47.2% |
| Current assets | 29/58 | €3,263 | €1,340 | -€1,922 | -58.9% |
| Stocks and contracts in progress | 3 | €500 | €500 | = | 0.0% |
| Stocks | 30/36 | €500 | €500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,763 | €840 | -€1,922 | -69.6% |
| Total equity and liabilities | 10/49 | €3,621 | €1,529 | -€2,091 | -57.8% |
| Equity | 10/15 | -€2,472 | -€2,480 | -€8 | -0.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,532 | -€10,540 | -€8 | -0.1% |
| Amounts payable | 17/49 | €6,093 | €4,009 | -€2,084 | -34.2% |
| Amounts payable within one year | 42/48 | €6,093 | €4,009 | -€2,084 | -34.2% |
| Trade debts | 44 | - | €914 | +€914 | |
| Suppliers | 440/4 | - | €914 | +€914 | |
| Taxes, remuneration and social security | 45 | €726 | €306 | -€420 | -57.9% |
| Taxes | 450/3 | €726 | €306 | -€420 | -57.9% |
| Other amounts payable | 47/48 | €5,367 | €2,790 | -€2,578 | -48.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,180 | €169 | -€1,011 | -85.7% |
| Other operating charges | 640/8 | €1,220 | €1,396 | +€176 | +14.4% |
| Gross operating margin | 9900 | €185 | €1,509 | +€1,323 | +714.4% |
| Operating profit (loss) | 9901 | -€2,214 | -€56 | +€2,158 | +97.5% |
| Financial charges | 65/66B | €133 | €120 | -€12 | -9.3% |
| Recurring financial charges | 65 | €133 | €120 | -€12 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,347 | -€176 | +€2,171 | +92.5% |
| Income taxes | 67/77 | €261 | -€169 | -€430 | |
| Profit (loss) for the period | 9904 | -€2,608 | -€8 | +€2,601 | +99.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,608 | -€8 | +€2,601 | +99.7% |
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 6 October 2026 via checked.be.