NiA: 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.
NiA
Largest movements
- Cash -€45,295
down €45,295 (-76.3%), from €59,368 to €14,073
mainly Net result for the year (-€35,031) and Debts after one year (-€28,820)
- Tangible fixed assets -€15,287
down €15,287 (-3.6%), from €424,830 to €409,543
of which Land and buildings: -€10,060
- Receivables within one year -€12,553
down €12,553 (-52.1%), from €24,093 to €11,539
of which Trade receivables: -€12,593
- Profit (loss) carried forward -€35,031
down €35,031 (-25.9%), from €135,421 to €100,390
- Debts after one year -€28,820
down €28,820 (-8.3%), from €346,277 to €317,457
- Trade debts -€13,944
down €13,944 (-42.7%), from €32,660 to €18,715
- Gross operating margin -€104,846
down €104,846, from €103,980 to -€865
- Taxes -€23,282
down €23,282 (-97.6%), from €23,847 to €565
- Depreciation +€4,158
up €4,158 (+20.1%), from €20,699 to €24,857
- Other operating charges -€1,227
down €1,227 (-31.2%), from €3,932 to €2,704
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 | €580,575 | €506,634 | -€73,941 | -12.7% |
| Fixed assets | 21/28 | €424,830 | €409,543 | -€15,287 | -3.6% |
| Tangible fixed assets | 22/27 | €424,830 | €409,543 | -€15,287 | -3.6% |
| Land and buildings | 22 | €373,937 | €363,877 | -€10,060 | -2.7% |
| Plant, machinery and equipment | 23 | €15,418 | €13,550 | -€1,868 | -12.1% |
| Furniture and vehicles | 24 | €35,475 | €32,116 | -€3,359 | -9.5% |
| Current assets | 29/58 | €155,745 | €97,091 | -€58,654 | -37.7% |
| Amounts receivable within one year | 40/41 | €24,093 | €11,539 | -€12,553 | -52.1% |
| Trade receivables | 40 | €12,593 | - | -€12,593 | |
| Other amounts receivable | 41 | €11,500 | €11,539 | +€39 | +0.3% |
| Current investments | 50/53 | €70,874 | €71,478 | +€604 | +0.9% |
| Cash at bank and in hand | 54/58 | €59,368 | €14,073 | -€45,295 | -76.3% |
| Deferred charges and accrued income | 490/1 | €1,410 | - | -€1,410 | |
| Total equity and liabilities | 10/49 | €580,575 | €506,634 | -€73,941 | -12.7% |
| Equity | 10/15 | €142,161 | €107,130 | -€35,031 | -24.6% |
| Contributions | 10/11 | €6,740 | €6,740 | = | 0.0% |
| Profit (loss) carried forward | 14 | €135,421 | €100,390 | -€35,031 | -25.9% |
| Amounts payable | 17/49 | €438,414 | €399,504 | -€38,911 | -8.9% |
| Amounts payable after more than one year | 17 | €346,277 | €317,457 | -€28,820 | -8.3% |
| Financial debts | 170/4 | €346,277 | €317,457 | -€28,820 | -8.3% |
| Amounts payable within one year | 42/48 | €92,137 | €80,648 | -€11,489 | -12.5% |
| Current portion of amounts payable after more than one year | 42 | €27,924 | €28,820 | +€896 | +3.2% |
| Trade debts | 44 | €32,660 | €18,715 | -€13,944 | -42.7% |
| Suppliers | 440/4 | €32,660 | €18,715 | -€13,944 | -42.7% |
| Taxes, remuneration and social security | 45 | €31,505 | €29,279 | -€2,226 | -7.1% |
| Taxes | 450/3 | €31,505 | €29,279 | -€2,226 | -7.1% |
| Other amounts payable | 47/48 | €48 | €3,833 | +€3,785 | +7,873% |
| Accrued charges and deferred income | 492/3 | - | €1,399 | +€1,399 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,699 | €24,857 | +€4,158 | +20.1% |
| Other operating charges | 640/8 | €3,932 | €2,704 | -€1,227 | -31.2% |
| Gross operating margin | 9900 | €103,980 | -€865 | -€104,846 | |
| Operating profit (loss) | 9901 | €79,350 | -€28,426 | -€107,776 | |
| Financial income | 75/76B | €883 | €605 | -€278 | -31.5% |
| Recurring financial income | 75 | €883 | €605 | -€278 | -31.5% |
| Financial charges | 65/66B | €7,402 | €6,644 | -€759 | -10.2% |
| Recurring financial charges | 65 | €7,402 | €6,644 | -€759 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €72,830 | -€34,466 | -€107,296 | |
| Income taxes | 67/77 | €23,847 | €565 | -€23,282 | -97.6% |
| Profit (loss) for the period | 9904 | €48,983 | -€35,031 | -€84,014 | |
| Profit (loss) for the period to be appropriated | 9905 | €48,983 | -€35,031 | -€84,014 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.