NIAL: 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.
NIAL
Largest movements
- Tangible fixed assets -€6,003
down €6,003 (-2.9%), from €205,003 to €199,000
- Cash -€4,810
down €4,810 (-66.2%), from €7,261 to €2,451
mainly Debts after one year (-€13,650)
- Receivables within one year -€2,606
down €2,606 (-14.3%), from €18,211 to €15,605
of which Other amounts receivable: -€1,783
- Debts after one year -€13,650
down €13,650 (-20.9%), from €65,403 to €51,753
- Other operating charges +€2,162
up €2,162 (+66.3%), from €3,259 to €5,420
- Gross operating margin +€1,124
up €1,124 (+9.4%), from €12,001 to €13,125
- Taxes -€286
down €286 (-96.7%), from €296 to €10
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 | €230,475 | €217,056 | -€13,420 | -5.8% |
| Fixed assets | 21/28 | €205,003 | €199,000 | -€6,003 | -2.9% |
| Tangible fixed assets | 22/27 | €205,003 | €199,000 | -€6,003 | -2.9% |
| Land and buildings | 22 | €205,003 | €199,000 | -€6,003 | -2.9% |
| Current assets | 29/58 | €25,472 | €18,056 | -€7,416 | -29.1% |
| Amounts receivable within one year | 40/41 | €18,211 | €15,605 | -€2,606 | -14.3% |
| Trade receivables | 40 | €823 | €0 | -€823 | -100.0% |
| Other amounts receivable | 41 | €17,388 | €15,605 | -€1,783 | -10.3% |
| Cash at bank and in hand | 54/58 | €7,261 | €2,451 | -€4,810 | -66.2% |
| Total equity and liabilities | 10/49 | €230,475 | €217,056 | -€13,420 | -5.8% |
| Equity | 10/15 | €151,616 | €151,643 | +€27 | 0.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €126,616 | €126,643 | +€27 | 0.0% |
| Distributable reserves | 133 | €126,616 | €126,643 | +€27 | 0.0% |
| Amounts payable | 17/49 | €78,860 | €65,413 | -€13,447 | -17.1% |
| Amounts payable after more than one year | 17 | €65,403 | €51,753 | -€13,650 | -20.9% |
| Financial debts | 170/4 | €65,403 | €51,753 | -€13,650 | -20.9% |
| Amounts payable within one year | 42/48 | €13,457 | €13,660 | +€203 | +1.5% |
| Current portion of amounts payable after more than one year | 42 | €13,457 | €13,650 | +€194 | +1.4% |
| Taxes, remuneration and social security | 45 | - | €10 | +€10 | |
| Taxes | 450/3 | - | €10 | +€10 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,003 | €6,003 | = | 0.0% |
| Other operating charges | 640/8 | €3,259 | €5,420 | +€2,162 | +66.3% |
| Gross operating margin | 9900 | €12,001 | €13,125 | +€1,124 | +9.4% |
| Operating profit (loss) | 9901 | €2,739 | €1,701 | -€1,038 | -37.9% |
| Financial charges | 65/66B | €1,556 | €1,665 | +€108 | +7.0% |
| Recurring financial charges | 65 | €1,556 | €1,665 | +€108 | +7.0% |
| Profit (loss) for the period before taxes | 9903 | €1,183 | €37 | -€1,146 | -96.9% |
| Income taxes | 67/77 | €296 | €10 | -€286 | -96.7% |
| Profit (loss) for the period | 9904 | €887 | €27 | -€860 | -97.0% |
| Profit (loss) for the period to be appropriated | 9905 | €887 | €27 | -€860 | -97.0% |
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 30 September 2026 via checked.be.