NIDELUX: 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.
NIDELUX
Largest movements
- Tangible fixed assets -€14,633
down €14,633 (-4.2%), from €345,185 to €330,552
of which Land and buildings: -€11,955
- Receivables within one year +€4,532
up €4,532 (+6.6%), from €68,452 to €72,984
- Trade debts -€24,222
down €24,222 (-59.8%), from €40,474 to €16,252
- Profit (loss) carried forward +€20,715
up €20,715 (+163.2%), from €12,693 to €33,408
- Debts after one year -€12,540
down €12,540 (-4.8%), from €260,311 to €247,771
- Tax, wage and social debts +€4,742
up €4,742 (+90.4%), from €5,245 to €9,987
of which Taxes: +€6,259
- Current portion of long-term debt +€4,198
up €4,198 (+23.0%), from €18,220 to €22,418
- Staff costs -€32,358
no longer reported in 2025 (was €32,358)
- Gross operating margin -€13,305
down €13,305 (-15.1%), from €88,129 to €74,824
- Taxes +€4,631
up €4,631 (+124.2%), from €3,728 to €8,360
- Financial charges -€1,059
down €1,059 (-4.3%), from €24,722 to €23,664
- Other operating charges +€934
up €934 (+31.4%), from €2,973 to €3,907
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 | €416,199 | €408,365 | -€7,833 | -1.9% |
| Fixed assets | 21/28 | €345,435 | €330,802 | -€14,633 | -4.2% |
| Tangible fixed assets | 22/27 | €345,185 | €330,552 | -€14,633 | -4.2% |
| Land and buildings | 22 | €337,036 | €325,081 | -€11,955 | -3.5% |
| Furniture and vehicles | 24 | €8,149 | €5,471 | -€2,678 | -32.9% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €70,763 | €77,563 | +€6,800 | +9.6% |
| Amounts receivable within one year | 40/41 | €68,452 | €72,984 | +€4,532 | +6.6% |
| Other amounts receivable | 41 | €68,452 | €72,984 | +€4,532 | +6.6% |
| Current investments | 50/53 | €173 | €173 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,046 | €4,406 | +€2,360 | +115.3% |
| Deferred charges and accrued income | 490/1 | €92 | - | -€92 | |
| Total equity and liabilities | 10/49 | €416,199 | €408,365 | -€7,833 | -1.9% |
| Equity | 10/15 | €41,403 | €62,118 | +€20,715 | +50.0% |
| Contributions | 10/11 | €12,404 | €12,404 | = | 0.0% |
| Reserves | 13 | €16,306 | €16,306 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,447 | €14,447 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,693 | €33,408 | +€20,715 | +163.2% |
| Amounts payable | 17/49 | €374,795 | €346,247 | -€28,548 | -7.6% |
| Amounts payable after more than one year | 17 | €260,311 | €247,771 | -€12,540 | -4.8% |
| Financial debts | 170/4 | €260,311 | €247,771 | -€12,540 | -4.8% |
| Amounts payable within one year | 42/48 | €69,484 | €53,477 | -€16,008 | -23.0% |
| Current portion of amounts payable after more than one year | 42 | €18,220 | €22,418 | +€4,198 | +23.0% |
| Financial debts | 43 | €5,546 | €4,819 | -€726 | -13.1% |
| Credit institutions | 430/8 | €5,546 | €4,819 | -€726 | -13.1% |
| Trade debts | 44 | €40,474 | €16,252 | -€24,222 | -59.8% |
| Suppliers | 440/4 | €40,474 | €16,252 | -€24,222 | -59.8% |
| Taxes, remuneration and social security | 45 | €5,245 | €9,987 | +€4,742 | +90.4% |
| Taxes | 450/3 | €3,728 | €9,987 | +€6,259 | +167.9% |
| Remuneration and social security | 454/9 | €1,517 | - | -€1,517 | |
| Accrued charges and deferred income | 492/3 | €45,000 | €45,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €32,358 | - | -€32,358 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,315 | €22,090 | +€775 | +3.6% |
| Other operating charges | 640/8 | €2,973 | €3,907 | +€934 | +31.4% |
| Gross operating margin | 9900 | €88,129 | €74,824 | -€13,305 | -15.1% |
| Operating profit (loss) | 9901 | €31,484 | €48,827 | +€17,344 | +55.1% |
| Financial income | 75/76B | €4,069 | €3,911 | -€158 | -3.9% |
| Recurring financial income | 75 | €4,069 | €3,911 | -€158 | -3.9% |
| Financial charges | 65/66B | €24,722 | €23,664 | -€1,059 | -4.3% |
| Recurring financial charges | 65 | €24,722 | €23,664 | -€1,059 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €10,830 | €29,075 | +€18,245 | +168.5% |
| Income taxes | 67/77 | €3,728 | €8,360 | +€4,631 | +124.2% |
| Profit (loss) for the period | 9904 | €7,102 | €20,715 | +€13,613 | +191.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,102 | €20,715 | +€13,613 | +191.7% |
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 5 October 2026 via checked.be.