Jean NAHIMANA: 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.
Jean NAHIMANA
Largest movements
- Receivables within one year -€41,882
down €41,882 (-100.0%), from €41,894 to €12
of which Other amounts receivable: -€41,894
- Tangible fixed assets -€789
down €789 (-25.0%), from €3,159 to €2,370
of which Plant, machinery and equipment: -€662
- Profit (loss) carried forward -€85,439
down €85,439 (-315%), from -€27,158 to -€112,597
- Provisions +€44,156
up €44,156 (+124%), from €35,578 to €79,734
- Other debts +€3,126
up €3,126 (+520%), from €601 to €3,727
- Tax, wage and social debts -€2,718
down €2,718 (-19.6%), from €13,854 to €11,136
of which Taxes: -€2,878
- Debts after one year -€2,085
down €2,085 (-32.2%), from €6,476 to €4,391
- Financial charges +€40,166
up €40,166 (+3,775%), from €1,064 to €41,230
- Gross operating margin -€12,771
down €12,771, from €12,126 to -€645
- Provisions +€8,578
up €8,578 (+24.1%), from €35,578 to €44,156
- Taxes -€3,351
down €3,351 (-92.2%), from €3,636 to €285
- Financial income +€687
up €687 (+60.0%), from €1,145 to €1,832
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 | €47,971 | €5,192 | -€42,779 | -89.2% |
| Fixed assets | 21/28 | €3,159 | €2,370 | -€789 | -25.0% |
| Tangible fixed assets | 22/27 | €3,159 | €2,370 | -€789 | -25.0% |
| Plant, machinery and equipment | 23 | €2,043 | €1,381 | -€662 | -32.4% |
| Other tangible fixed assets | 26 | €1,116 | €989 | -€127 | -11.4% |
| Current assets | 29/58 | €44,812 | €2,822 | -€41,990 | -93.7% |
| Amounts receivable within one year | 40/41 | €41,894 | €12 | -€41,882 | -100.0% |
| Trade receivables | 40 | - | €12 | +€12 | |
| Other amounts receivable | 41 | €41,894 | - | -€41,894 | |
| Cash at bank and in hand | 54/58 | €150 | €14 | -€136 | -90.7% |
| Deferred charges and accrued income | 490/1 | €2,768 | €2,796 | +€28 | +1.0% |
| Total equity and liabilities | 10/49 | €47,971 | €5,192 | -€42,779 | -89.2% |
| Equity | 10/15 | -€26,158 | -€111,597 | -€85,439 | -327% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,158 | -€112,597 | -€85,439 | -315% |
| Provisions and deferred taxes | 16 | €35,578 | €79,734 | +€44,156 | +124% |
| Provisions for liabilities and charges | 160/5 | €35,578 | €79,734 | +€44,156 | +124% |
| Other liabilities and charges | 164/5 | €35,578 | €79,734 | +€44,156 | +124% |
| Amounts payable | 17/49 | €38,551 | €37,055 | -€1,496 | -3.9% |
| Amounts payable after more than one year | 17 | €6,476 | €4,391 | -€2,085 | -32.2% |
| Financial debts | 170/4 | €6,476 | €4,391 | -€2,085 | -32.2% |
| Amounts payable within one year | 42/48 | €32,055 | €32,649 | +€594 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €1,990 | €2,085 | +€95 | +4.8% |
| Financial debts | 43 | €921 | €742 | -€179 | -19.4% |
| Credit institutions | 430/8 | €921 | €742 | -€179 | -19.4% |
| Trade debts | 44 | €14,689 | €14,959 | +€270 | +1.8% |
| Suppliers | 440/4 | €14,689 | €14,959 | +€270 | +1.8% |
| Taxes, remuneration and social security | 45 | €13,854 | €11,136 | -€2,718 | -19.6% |
| Taxes | 450/3 | €13,854 | €10,976 | -€2,878 | -20.8% |
| Remuneration and social security | 454/9 | - | €160 | +€160 | |
| Other amounts payable | 47/48 | €601 | €3,727 | +€3,126 | +520% |
| Accrued charges and deferred income | 492/3 | €20 | €15 | -€5 | -25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €697 | €789 | +€92 | +13.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €35,578 | €44,156 | +€8,578 | +24.1% |
| Other operating charges | 640/8 | €209 | €167 | -€42 | -20.1% |
| Gross operating margin | 9900 | €12,126 | -€645 | -€12,771 | |
| Operating profit (loss) | 9901 | -€24,358 | -€45,757 | -€21,399 | -87.9% |
| Financial income | 75/76B | €1,145 | €1,832 | +€687 | +60.0% |
| Recurring financial income | 75 | €1,145 | €1,832 | +€687 | +60.0% |
| Financial charges | 65/66B | €1,064 | €41,230 | +€40,166 | +3,775% |
| Recurring financial charges | 65 | €1,064 | €41,230 | +€40,166 | +3,775% |
| Profit (loss) for the period before taxes | 9903 | -€24,277 | -€85,155 | -€60,878 | -251% |
| Income taxes | 67/77 | €3,636 | €285 | -€3,351 | -92.2% |
| Profit (loss) for the period | 9904 | -€27,913 | -€85,440 | -€57,527 | -206% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,913 | -€85,440 | -€57,527 | -206% |
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.