NIEVAM: 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.
NIEVAM
Largest movements
- Receivables within one year +€43
new in 2025: €43
- Other debts +€2,695
up €2,695 (+4.3%), from €63,290 to €65,985
- Trade debts -€1,504
down €1,504 (-82.9%), from €1,815 to €311
- Profit (loss) carried forward -€1,115
down €1,115 (-1.2%), from -€89,575 to -€90,690
- Short-term financial debts -€33
down €33 (-0.6%), from €5,174 to €5,141
- Other operating charges -€451
no longer reported in 2025 (was €451)
- Financial charges +€13
up €13 (+1.6%), from €834 to €847
- Gross operating margin -€11
down €11 (-4.3%), from -€257 to -€268
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | - | €43 | +€43 | |
| Current assets | 29/58 | - | €43 | +€43 | |
| Amounts receivable within one year | 40/41 | - | €43 | +€43 | |
| Other amounts receivable | 41 | - | €43 | +€43 | |
| Total equity and liabilities | 10/49 | - | €43 | +€43 | |
| Equity | 10/15 | -€70,279 | -€71,395 | -€1,115 | -1.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €6,896 | €6,896 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €5,036 | €5,036 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,575 | -€90,690 | -€1,115 | -1.2% |
| Amounts payable | 17/49 | €70,279 | €71,437 | +€1,158 | +1.6% |
| Amounts payable within one year | 42/48 | €70,279 | €71,437 | +€1,158 | +1.6% |
| Financial debts | 43 | €5,174 | €5,141 | -€33 | -0.6% |
| Credit institutions | 430/8 | €5,174 | €5,141 | -€33 | -0.6% |
| Trade debts | 44 | €1,815 | €311 | -€1,504 | -82.9% |
| Suppliers | 440/4 | €1,815 | €311 | -€1,504 | -82.9% |
| Other amounts payable | 47/48 | €63,290 | €65,985 | +€2,695 | +4.3% |
| Other operating charges | 640/8 | €451 | - | -€451 | |
| Gross operating margin | 9900 | -€257 | -€268 | -€11 | -4.3% |
| Operating profit (loss) | 9901 | -€708 | -€268 | +€440 | +62.1% |
| Financial charges | 65/66B | €834 | €847 | +€13 | +1.6% |
| Recurring financial charges | 65 | €834 | €847 | +€13 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,542 | -€1,115 | +€427 | +27.7% |
| Profit (loss) for the period | 9904 | -€1,542 | -€1,115 | +€427 | +27.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,542 | -€1,115 | +€427 | +27.7% |
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 29 October 2026 via checked.be.