NIDENI: 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.
NIDENI
Largest movements
- Cash -€30,379
down €30,379 (-97.7%), from €31,081 to €702
mainly Debts after one year (-€25,000) and Net result for the year (-€14,622)
- Receivables after one year -€6,221
down €6,221 (-25.0%), from €24,851 to €18,630
- Receivables within one year -€3,700
down €3,700 (-33.0%), from €11,207 to €7,507
of which Other amounts receivable: -€2,783
- Tangible fixed assets -€2,954
down €2,954 (-15.0%), from €19,753 to €16,799
of which Other tangible fixed assets: -€2,617
- Debts after one year -€25,000
no longer reported in 2025 (was €25,000)
- Profit (loss) carried forward -€14,622
down €14,622 (-75.9%), from €19,274 to €4,652
- Other debts +€7,647
up €7,647 (+1,419%), from €539 to €8,186
- Tax, wage and social debts -€5,427
down €5,427 (-87.4%), from €6,212 to €785
of which Taxes: -€3,777
- Current portion of long-term debt -€3,369
no longer reported in 2025 (was €3,369)
- Gross operating margin -€4,207
down €4,207 (-101%), from -€4,167 to -€8,374
- Financial charges -€3,295
down €3,295 (-45.5%), from €7,248 to €3,953
of which Non-recurring financial charges: -€3,319
- Depreciation -€2,483
down €2,483 (-45.7%), from €5,437 to €2,954
- Taxes +€521
up €521, from -€495 to €26
- Financial income +€390
up €390 (+74.1%), from €526 to €916
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 | €89,392 | €46,138 | -€43,254 | -48.4% |
| Fixed assets | 21/28 | €22,253 | €19,299 | -€2,954 | -13.3% |
| Tangible fixed assets | 22/27 | €19,753 | €16,799 | -€2,954 | -15.0% |
| Plant, machinery and equipment | 23 | €337 | - | -€337 | |
| Other tangible fixed assets | 26 | €19,416 | €16,799 | -€2,617 | -13.5% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €67,139 | €26,839 | -€40,300 | -60.0% |
| Amounts receivable after more than one year | 29 | €24,851 | €18,630 | -€6,221 | -25.0% |
| Other amounts receivable | 291 | €24,851 | €18,630 | -€6,221 | -25.0% |
| Amounts receivable within one year | 40/41 | €11,207 | €7,507 | -€3,700 | -33.0% |
| Trade receivables | 40 | €4,054 | €3,137 | -€917 | -22.6% |
| Other amounts receivable | 41 | €7,153 | €4,370 | -€2,783 | -38.9% |
| Cash at bank and in hand | 54/58 | €31,081 | €702 | -€30,379 | -97.7% |
| Total equity and liabilities | 10/49 | €89,392 | €46,138 | -€43,254 | -48.4% |
| Equity | 10/15 | €51,334 | €36,712 | -€14,622 | -28.5% |
| Contributions | 10/11 | €16,200 | €16,200 | = | 0.0% |
| Reserves | 13 | €15,860 | €15,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €14,000 | €14,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,274 | €4,652 | -€14,622 | -75.9% |
| Amounts payable | 17/49 | €38,058 | €9,426 | -€28,632 | -75.2% |
| Amounts payable after more than one year | 17 | €25,000 | - | -€25,000 | |
| Financial debts | 170/4 | €25,000 | - | -€25,000 | |
| Amounts payable within one year | 42/48 | €13,058 | €9,426 | -€3,632 | -27.8% |
| Current portion of amounts payable after more than one year | 42 | €3,369 | - | -€3,369 | |
| Trade debts | 44 | €2,938 | €455 | -€2,483 | -84.5% |
| Suppliers | 440/4 | €2,938 | €455 | -€2,483 | -84.5% |
| Taxes, remuneration and social security | 45 | €6,212 | €785 | -€5,427 | -87.4% |
| Taxes | 450/3 | €4,562 | €785 | -€3,777 | -82.8% |
| Remuneration and social security | 454/9 | €1,650 | - | -€1,650 | |
| Other amounts payable | 47/48 | €539 | €8,186 | +€7,647 | +1,419% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,437 | €2,954 | -€2,483 | -45.7% |
| Other operating charges | 640/8 | €139 | €231 | +€92 | +66.2% |
| Gross operating margin | 9900 | -€4,167 | -€8,374 | -€4,207 | -101% |
| Operating profit (loss) | 9901 | -€9,743 | -€11,559 | -€1,816 | -18.6% |
| Financial income | 75/76B | €526 | €916 | +€390 | +74.1% |
| Recurring financial income | 75 | €526 | €916 | +€390 | +74.1% |
| Financial charges | 65/66B | €7,248 | €3,953 | -€3,295 | -45.5% |
| Recurring financial charges | 65 | €3,929 | €3,953 | +€24 | +0.6% |
| Non-recurring financial charges | 66B | €3,319 | - | -€3,319 | |
| Profit (loss) for the period before taxes | 9903 | -€16,465 | -€14,596 | +€1,869 | +11.4% |
| Income taxes | 67/77 | -€495 | €26 | +€521 | |
| Profit (loss) for the period | 9904 | -€15,970 | -€14,622 | +€1,348 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,970 | -€14,622 | +€1,348 | +8.4% |
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 23 October 2026 via checked.be.