NIALIS: 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.
NIALIS
Largest movements
- Cash +€75,601
up €75,601 (+56.0%), from €135,056 to €210,658
mainly Trade debts (+€64,942) and Net result for the year (+€50,381)
- Receivables within one year +€17,777
up €17,777 (+145%), from €12,252 to €30,029
of which Trade receivables: +€20,506
- Tangible fixed assets -€10,677
down €10,677 (-30.4%), from €35,153 to €24,477
of which Furniture and vehicles: -€10,056
- Stocks and contracts +€7,123
up €7,123 (+14.7%), from €48,573 to €55,696
- Trade debts +€64,942
up €64,942 (+48.4%), from €134,239 to €199,181
- Profit (loss) carried forward +€23,981
up €23,981 (+50.9%), from €47,120 to €71,101
- Other debts +€14,400
up €14,400 (+144%), from €10,000 to €24,400
- Debts after one year -€11,999
down €11,999 (-43.4%), from €27,646 to €15,647
- Gross operating margin +€97,608
up €97,608 (+67.1%), from €145,433 to €243,041
- Staff costs +€38,971
up €38,971 (+37.7%), from €103,400 to €142,371
- Taxes +€15,245
up €15,245 (+212%), from €7,179 to €22,424
- Financial charges +€5,922
up €5,922 (+117%), from €5,055 to €10,977
- Depreciation -€4,141
down €4,141 (-20.7%), from €20,013 to €15,872
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 | €263,903 | €355,230 | +€91,327 | +34.6% |
| Fixed assets | 21/28 | €43,256 | €32,580 | -€10,677 | -24.7% |
| Tangible fixed assets | 22/27 | €35,153 | €24,477 | -€10,677 | -30.4% |
| Plant, machinery and equipment | 23 | €296 | €860 | +€564 | +191% |
| Furniture and vehicles | 24 | €25,932 | €15,876 | -€10,056 | -38.8% |
| Other tangible fixed assets | 26 | €8,925 | €7,741 | -€1,184 | -13.3% |
| Financial fixed assets | 28 | €8,103 | €8,103 | = | 0.0% |
| Current assets | 29/58 | €220,647 | €322,650 | +€102,003 | +46.2% |
| Stocks and contracts in progress | 3 | €48,573 | €55,696 | +€7,123 | +14.7% |
| Stocks | 30/36 | €48,573 | €55,696 | +€7,123 | +14.7% |
| Amounts receivable within one year | 40/41 | €12,252 | €30,029 | +€17,777 | +145% |
| Trade receivables | 40 | €9,368 | €29,874 | +€20,506 | +219% |
| Other amounts receivable | 41 | €2,884 | €155 | -€2,729 | -94.6% |
| Cash at bank and in hand | 54/58 | €135,056 | €210,658 | +€75,601 | +56.0% |
| Deferred charges and accrued income | 490/1 | €24,766 | €26,268 | +€1,502 | +6.1% |
| Total equity and liabilities | 10/49 | €263,903 | €355,230 | +€91,327 | +34.6% |
| Equity | 10/15 | €67,580 | €91,561 | +€23,981 | +35.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,120 | €71,101 | +€23,981 | +50.9% |
| Amounts payable | 17/49 | €196,323 | €263,669 | +€67,345 | +34.3% |
| Amounts payable after more than one year | 17 | €27,646 | €15,647 | -€11,999 | -43.4% |
| Other amounts payable | 178/9 | €27,646 | €15,647 | -€11,999 | -43.4% |
| Amounts payable within one year | 42/48 | €168,678 | €248,022 | +€79,344 | +47.0% |
| Trade debts | 44 | €134,239 | €199,181 | +€64,942 | +48.4% |
| Suppliers | 440/4 | €134,239 | €199,181 | +€64,942 | +48.4% |
| Taxes, remuneration and social security | 45 | €24,439 | €24,442 | +€2 | 0.0% |
| Taxes | 450/3 | €11,565 | €5,791 | -€5,774 | -49.9% |
| Remuneration and social security | 454/9 | €12,874 | €18,651 | +€5,777 | +44.9% |
| Other amounts payable | 47/48 | €10,000 | €24,400 | +€14,400 | +144% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €103,400 | €142,371 | +€38,971 | +37.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,013 | €15,872 | -€4,141 | -20.7% |
| Other operating charges | 640/8 | €1,111 | €1,314 | +€203 | +18.3% |
| Gross operating margin | 9900 | €145,433 | €243,041 | +€97,608 | +67.1% |
| Operating profit (loss) | 9901 | €20,908 | €83,484 | +€62,575 | +299% |
| Financial income | 75/76B | €2 | €298 | +€295 | +13,310% |
| Recurring financial income | 75 | €2 | €298 | +€295 | +13,310% |
| Financial charges | 65/66B | €5,055 | €10,977 | +€5,922 | +117% |
| Recurring financial charges | 65 | €5,055 | €10,977 | +€5,922 | +117% |
| Profit (loss) for the period before taxes | 9903 | €15,856 | €72,805 | +€56,949 | +359% |
| Income taxes | 67/77 | €7,179 | €22,424 | +€15,245 | +212% |
| Profit (loss) for the period | 9904 | €8,677 | €50,381 | +€41,704 | +481% |
| Profit (loss) for the period to be appropriated | 9905 | €8,677 | €50,381 | +€41,704 | +481% |
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 13 October 2026 via checked.be.