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NIDA: 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.

What changed

NIDA

BE 0567.667.655
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€34,908
2024 · €23,902+€11,006
Equity
-€63,652
2024 · -€98,559+€34,908
Cash
€2,524
2024 · €7,977-€5,453
Balance sheet total
€508,361
2024 · €540,255-€31,894

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€26,441

    down €26,441 (-5.0%), from €532,279 to €505,838

  • Cash -€5,453

    down €5,453 (-68.4%), from €7,977 to €2,524

    mainly Debts after one year (-€68,571) and Other debts (-€1,526)

Equity and liabilities
  • Debts after one year -€68,571

    down €68,571 (-11.7%), from €583,847 to €515,276

  • Profit (loss) carried forward +€34,908

    up €34,908 (+33.3%), from -€104,759 to -€69,852

Income statement
  • Gross operating margin +€6,804

    up €6,804 (+9.9%), from €68,816 to €75,620

  • Other operating charges -€2,567

    no longer reported in 2025 (was €2,567)

  • Financial charges -€1,635

    down €1,635 (-10.3%), from €15,907 to €14,271

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €23,902
Gross operating margin +€6,804
Other operating charges +€2,567
Financial charges +€1,635
Result 2025 €34,908

Cash bridge derived

cash 2024 to 2025

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.

From operations +€59,838
Investment €0
Financing -€65,291
Cash 2024 €7,977
Net result for the year +€34,908
Depreciation +€26,441
Other debts -€1,526
Accrued charges and deferred income +€15
Debts after one year -€68,571
Current portion of long-term debt +€3,280
Cash 2025 €2,524
Every line side by side 26 lines
Line Code 2024 2025 Change %
Total assets 20/58 €540,255 €508,361 -€31,894 -5.9%
Fixed assets 21/28 €532,279 €505,838 -€26,441 -5.0%
Tangible fixed assets 22/27 €532,279 €505,838 -€26,441 -5.0%
Land and buildings 22 €532,279 €505,838 -€26,441 -5.0%
Current assets 29/58 €7,977 €2,524 -€5,453 -68.4%
Cash at bank and in hand 54/58 €7,977 €2,524 -€5,453 -68.4%
Total equity and liabilities 10/49 €540,255 €508,361 -€31,894 -5.9%
Equity 10/15 -€98,559 -€63,652 +€34,908 +35.4%
Contributions 10/11 €6,200 €6,200 = 0.0%
Profit (loss) carried forward 14 -€104,759 -€69,852 +€34,908 +33.3%
Amounts payable 17/49 €638,815 €572,013 -€66,802 -10.5%
Amounts payable after more than one year 17 €583,847 €515,276 -€68,571 -11.7%
Financial debts 170/4 €583,847 €515,276 -€68,571 -11.7%
Amounts payable within one year 42/48 €54,584 €56,338 +€1,754 +3.2%
Current portion of amounts payable after more than one year 42 €50,791 €54,071 +€3,280 +6.5%
Other amounts payable 47/48 €3,793 €2,267 -€1,526 -40.2%
Accrued charges and deferred income 492/3 €384 €400 +€15 +4.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €26,441 €26,441 = 0.0%
Other operating charges 640/8 €2,567 - -€2,567
Gross operating margin 9900 €68,816 €75,620 +€6,804 +9.9%
Operating profit (loss) 9901 €39,808 €49,179 +€9,371 +23.5%
Financial charges 65/66B €15,907 €14,271 -€1,635 -10.3%
Recurring financial charges 65 €15,907 €14,271 -€1,635 -10.3%
Profit (loss) for the period before taxes 9903 €23,902 €34,908 +€11,006 +46.0%
Profit (loss) for the period 9904 €23,902 €34,908 +€11,006 +46.0%
Profit (loss) for the period to be appropriated 9905 €23,902 €34,908 +€11,006 +46.0%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.