MATHIAS NIYONZIMA: what changed
MATHIAS NIYONZIMA
Largest movements
- Receivables within one year +€16,999
up €16,999 (+113%), from €14,984 to €31,983
of which Other amounts receivable: +€21,408
- Tangible fixed assets -€15,228
down €15,228 (-100%), from €15,228 to €0
of which Plant, machinery and equipment: -€15,228
- Cash -€705
down €705 (-48.1%), from €1,464 to €759
mainly Receivables within one year (-€16,999) and Net result for the year (-€5,859)
- Trade debts +€6,439
up €6,439 (+5,049%), from €128 to €6,566
- Profit (loss) carried forward -€5,859
down €5,859 (-56.8%), from €10,312 to €4,454
- Tax, wage and social debts +€486
up €486 (+62.0%), from €785 to €1,271
- Depreciation +€13,324
up €13,324 (+700%), from €1,903 to €15,228
- Gross operating margin +€6,462
up €6,462 (+209%), from €3,092 to €9,555
- Other operating charges -€450
down €450 (-43.5%), from €1,036 to €585
- Financial charges -€164
down €164 (-23.5%), from €700 to €536
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,676 | €32,742 | +€1,067 | +3.4% |
| Fixed assets | 21/28 | €15,228 | €0 | -€15,228 | -100% |
| Tangible fixed assets | 22/27 | €15,228 | €0 | -€15,228 | -100% |
| Plant, machinery and equipment | 23 | €15,228 | €0 | -€15,228 | -100% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €16,448 | €32,742 | +€16,294 | +99.1% |
| Amounts receivable within one year | 40/41 | €14,984 | €31,983 | +€16,999 | +113% |
| Trade receivables | 40 | €4,408 | - | -€4,408 | |
| Other amounts receivable | 41 | €10,575 | €31,983 | +€21,408 | +202% |
| Cash at bank and in hand | 54/58 | €1,464 | €759 | -€705 | -48.1% |
| Total equity and liabilities | 10/49 | €31,676 | €32,742 | +€1,067 | +3.4% |
| Equity | 10/15 | €30,763 | €24,905 | -€5,859 | -19.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,312 | €4,454 | -€5,859 | -56.8% |
| Amounts payable | 17/49 | €912 | €7,838 | +€6,925 | +759% |
| Amounts payable within one year | 42/48 | €912 | €7,838 | +€6,925 | +759% |
| Trade debts | 44 | €128 | €6,566 | +€6,439 | +5,049% |
| Suppliers | 440/4 | €128 | €6,566 | +€6,439 | +5,049% |
| Taxes, remuneration and social security | 45 | €785 | €1,271 | +€486 | +62.0% |
| Taxes | 450/3 | €785 | €1,271 | +€486 | +62.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,903 | €15,228 | +€13,324 | +700% |
| Other operating charges | 640/8 | €1,036 | €585 | -€450 | -43.5% |
| Gross operating margin | 9900 | €3,092 | €9,555 | +€6,462 | +209% |
| Operating profit (loss) | 9901 | €153 | -€6,259 | -€6,412 | |
| Financial income | 75/76B | €854 | €936 | +€82 | +9.6% |
| Recurring financial income | 75 | €854 | €936 | +€82 | +9.6% |
| Financial charges | 65/66B | €700 | €536 | -€164 | -23.5% |
| Recurring financial charges | 65 | €700 | €536 | -€164 | -23.5% |
| Profit (loss) for the period before taxes | 9903 | €307 | -€5,859 | -€6,165 | |
| Profit (loss) for the period | 9904 | €307 | -€5,859 | -€6,165 | |
| Profit (loss) for the period to be appropriated | 9905 | €307 | -€5,859 | -€6,165 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.