NIES: 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.
NIES
Largest movements
- Cash -€62,978
down €62,978 (-44.8%), from €140,600 to €77,622
mainly Investment in fixed assets (net) (-€53,800) and Stocks and contracts (-€43,375)
- Stocks and contracts +€43,375
up €43,375 (+36.1%), from €120,262 to €163,637
- Tangible fixed assets +€35,009
up €35,009 (+91.2%), from €38,391 to €73,400
of which Furniture and vehicles: +€43,100
- Receivables within one year -€12,305
down €12,305 (-53.6%), from €22,954 to €10,649
of which Trade receivables: -€12,800
- Debts after one year -€9,365
down €9,365 (-43.6%), from €21,463 to €12,099
- Tax, wage and social debts +€9,144
up €9,144 (+32.0%), from €28,615 to €37,759
- Other debts -€4,787
down €4,787 (-95.7%), from €5,000 to €213
- Current portion of long-term debt +€4,701
new in 2024: €4,701
- Gross operating margin -€39,467
down €39,467 (-59.6%), from €66,166 to €26,699
- Financial charges -€20,168
down €20,168 (-94.1%), from €21,440 to €1,272
- Depreciation +€5,212
up €5,212 (+38.4%), from €13,580 to €18,792
- Taxes -€5,030
down €5,030 (-36.7%), from €13,691 to €8,660
- Financial income +€2,978
up €2,978 (+50042.9%), from €6 to €2,984
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €323,113 | €326,116 | +€3,003 | +0.9% |
| Fixed assets | 21/28 | €38,391 | €73,400 | +€35,009 | +91.2% |
| Tangible fixed assets | 22/27 | €38,391 | €73,400 | +€35,009 | +91.2% |
| Land and buildings | 22 | €12,675 | €10,581 | -€2,094 | -16.5% |
| Plant, machinery and equipment | 23 | €3,148 | €2,062 | -€1,087 | -34.5% |
| Furniture and vehicles | 24 | €908 | €44,008 | +€43,100 | +4745.7% |
| Leasing and similar rights | 25 | €21,660 | €16,749 | -€4,910 | -22.7% |
| Current assets | 29/58 | €284,722 | €252,717 | -€32,006 | -11.2% |
| Stocks and contracts in progress | 3 | €120,262 | €163,637 | +€43,375 | +36.1% |
| Stocks | 30/36 | €120,262 | €163,637 | +€43,375 | +36.1% |
| Amounts receivable within one year | 40/41 | €22,954 | €10,649 | -€12,305 | -53.6% |
| Trade receivables | 40 | €22,954 | €10,154 | -€12,800 | -55.8% |
| Other amounts receivable | 41 | - | €495 | +€495 | |
| Cash at bank and in hand | 54/58 | €140,600 | €77,622 | -€62,978 | -44.8% |
| Deferred charges and accrued income | 490/1 | €906 | €809 | -€97 | -10.7% |
| Total equity and liabilities | 10/49 | €323,113 | €326,116 | +€3,003 | +0.9% |
| Equity | 10/15 | €264,046 | €264,125 | +€79 | 0.0% |
| Contributions | 10/11 | €19,800 | €19,800 | = | 0.0% |
| Reserves | 13 | €244,246 | €244,246 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,380 | €16,380 | = | 0.0% |
| Reserves not available under the articles | 1311 | €16,380 | €16,380 | = | 0.0% |
| Distributable reserves | 133 | €227,866 | €227,866 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €79 | +€79 | |
| Amounts payable | 17/49 | €59,067 | €61,992 | +€2,924 | +5.0% |
| Amounts payable after more than one year | 17 | €21,463 | €12,099 | -€9,365 | -43.6% |
| Financial debts | 170/4 | €21,463 | €12,099 | -€9,365 | -43.6% |
| Amounts payable within one year | 42/48 | €37,604 | €49,893 | +€12,289 | +32.7% |
| Current portion of amounts payable after more than one year | 42 | - | €4,701 | +€4,701 | |
| Trade debts | 44 | €3,989 | €7,220 | +€3,231 | +81.0% |
| Suppliers | 440/4 | €3,989 | €7,220 | +€3,231 | +81.0% |
| Taxes, remuneration and social security | 45 | €28,615 | €37,759 | +€9,144 | +32.0% |
| Taxes | 450/3 | €28,615 | €37,759 | +€9,144 | +32.0% |
| Other amounts payable | 47/48 | €5,000 | €213 | -€4,787 | -95.7% |
| Non-recurring operating income | 76A | €2,000 | €7,030 | +€5,030 | +251.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,580 | €18,792 | +€5,212 | +38.4% |
| Other operating charges | 640/8 | €1,282 | €880 | -€402 | -31.4% |
| Non-recurring operating charges | 66A | €375 | - | -€375 | |
| Gross operating margin | 9900 | €66,166 | €26,699 | -€39,467 | -59.6% |
| Operating profit (loss) | 9901 | €50,930 | €7,027 | -€43,902 | -86.2% |
| Financial income | 75/76B | €6 | €2,984 | +€2,978 | +50042.9% |
| Recurring financial income | 75 | €6 | €2,984 | +€2,978 | +50042.9% |
| Financial charges | 65/66B | €21,440 | €1,272 | -€20,168 | -94.1% |
| Recurring financial charges | 65 | €21,440 | €1,272 | -€20,168 | -94.1% |
| Profit (loss) for the period before taxes | 9903 | €29,496 | €8,739 | -€20,756 | -70.4% |
| Income taxes | 67/77 | €13,691 | €8,660 | -€5,030 | -36.7% |
| Profit (loss) for the period | 9904 | €15,805 | €79 | -€15,726 | -99.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,805 | €79 | -€15,726 | -99.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.