NIETDEZUSVAN: 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.
NIETDEZUSVAN
Largest movements
- Receivables within one year -€87,943
down €87,943 (-71.6%), from €122,898 to €34,955
of which Trade receivables: -€88,146
- Cash +€37,425
up €37,425 (+48.4%), from €77,323 to €114,748
mainly Receivables within one year (+€87,943) and Net result for the year (+€35,942)
- Tangible fixed assets +€28,529
up €28,529 (+11.0%), from €259,935 to €288,463
of which Furniture and vehicles: +€35,041
- Debts after one year -€18,696
down €18,696 (-9.7%), from €192,083 to €173,387
- Reserves +€12,346
up €12,346 (+6.3%), from €194,556 to €206,902
- Tax, wage and social debts -€9,453
down €9,453 (-60.1%), from €15,722 to €6,269
of which Taxes: -€8,453
- Other debts -€7,240
down €7,240 (-20.0%), from €36,237 to €28,997
- Gross operating margin -€13,045
down €13,045 (-15.0%), from €87,112 to €74,067
- Depreciation -€12,148
down €12,148 (-43.7%), from €27,816 to €15,668
- Other operating charges -€1,848
down €1,848 (-34.3%), from €5,394 to €3,546
- Financial charges +€1,099
up €1,099 (+27.2%), from €4,040 to €5,139
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 | €460,156 | €438,166 | -€21,989 | -4.8% |
| Fixed assets | 21/28 | €259,935 | €288,463 | +€28,529 | +11.0% |
| Tangible fixed assets | 22/27 | €259,935 | €288,463 | +€28,529 | +11.0% |
| Land and buildings | 22 | €244,292 | €238,780 | -€5,511 | -2.3% |
| Furniture and vehicles | 24 | €9,329 | €44,370 | +€35,041 | +375.6% |
| Other tangible fixed assets | 26 | €6,314 | €5,313 | -€1,001 | -15.8% |
| Current assets | 29/58 | €200,221 | €149,703 | -€50,518 | -25.2% |
| Amounts receivable within one year | 40/41 | €122,898 | €34,955 | -€87,943 | -71.6% |
| Trade receivables | 40 | €121,214 | €33,068 | -€88,146 | -72.7% |
| Other amounts receivable | 41 | €1,684 | €1,887 | +€203 | +12.0% |
| Cash at bank and in hand | 54/58 | €77,323 | €114,748 | +€37,425 | +48.4% |
| Total equity and liabilities | 10/49 | €460,156 | €438,166 | -€21,989 | -4.8% |
| Equity | 10/15 | €195,556 | €207,902 | +€12,346 | +6.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €194,556 | €206,902 | +€12,346 | +6.3% |
| Distributable reserves | 133 | €194,556 | €206,902 | +€12,346 | +6.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €264,600 | €230,265 | -€34,335 | -13.0% |
| Amounts payable after more than one year | 17 | €192,083 | €173,387 | -€18,696 | -9.7% |
| Financial debts | 170/4 | €192,083 | €173,387 | -€18,696 | -9.7% |
| Amounts payable within one year | 42/48 | €72,517 | €56,878 | -€15,639 | -21.6% |
| Current portion of amounts payable after more than one year | 42 | €18,194 | €18,696 | +€502 | +2.8% |
| Trade debts | 44 | €2,364 | €2,841 | +€477 | +20.2% |
| Suppliers | 440/4 | €2,364 | €2,841 | +€477 | +20.2% |
| Advances received on contracts in progress | 46 | - | €75 | +€75 | |
| Taxes, remuneration and social security | 45 | €15,722 | €6,269 | -€9,453 | -60.1% |
| Taxes | 450/3 | €12,722 | €4,269 | -€8,453 | -66.4% |
| Remuneration and social security | 454/9 | €3,000 | €2,000 | -€1,000 | -33.3% |
| Other amounts payable | 47/48 | €36,237 | €28,997 | -€7,240 | -20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,816 | €15,668 | -€12,148 | -43.7% |
| Other operating charges | 640/8 | €5,394 | €3,546 | -€1,848 | -34.3% |
| Gross operating margin | 9900 | €87,112 | €74,067 | -€13,045 | -15.0% |
| Operating profit (loss) | 9901 | €53,902 | €54,854 | +€952 | +1.8% |
| Financial income | 75/76B | €98 | €24 | -€74 | -75.2% |
| Recurring financial income | 75 | €98 | €24 | -€74 | -75.2% |
| Financial charges | 65/66B | €4,040 | €5,139 | +€1,099 | +27.2% |
| Recurring financial charges | 65 | €4,040 | €5,139 | +€1,099 | +27.2% |
| Profit (loss) for the period before taxes | 9903 | €49,960 | €49,739 | -€221 | -0.4% |
| Income taxes | 67/77 | €14,316 | €13,797 | -€519 | -3.6% |
| Profit (loss) for the period | 9904 | €35,644 | €35,942 | +€298 | +0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €35,644 | €35,942 | +€298 | +0.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.