Nifa Consultancy: 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.
Nifa Consultancy
Largest movements
- Cash +€50,714
up €50,714 (+125%), from €40,507 to €91,221
mainly Net result for the year (+€41,953) and Receivables within one year (+€5,927)
- Receivables within one year -€5,927
down €5,927 (-30.6%), from €19,341 to €13,414
of which Other amounts receivable: -€3,792
- Tangible fixed assets -€1,133
down €1,133 (-12.0%), from €9,431 to €8,299
- Reserves +€40,738
up €40,738 (+78.8%), from €51,670 to €92,408
- Trade debts +€3,480
new in 2025: €3,480
- Tax, wage and social debts -€1,682
down €1,682 (-12.3%), from €13,727 to €12,045
- Gross operating margin -€10,056
down €10,056 (-15.2%), from €66,289 to €56,233
- Taxes -€2,323
down €2,323 (-17.7%), from €13,092 to €10,770
- Depreciation +€771
up €771 (+38.3%), from €2,011 to €2,782
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 | €70,397 | €112,933 | +€42,537 | +60.4% |
| Fixed assets | 21/28 | €9,431 | €8,299 | -€1,133 | -12.0% |
| Tangible fixed assets | 22/27 | €9,431 | €8,299 | -€1,133 | -12.0% |
| Plant, machinery and equipment | 23 | €9,431 | €8,299 | -€1,133 | -12.0% |
| Current assets | 29/58 | €60,966 | €104,635 | +€43,669 | +71.6% |
| Amounts receivable within one year | 40/41 | €19,341 | €13,414 | -€5,927 | -30.6% |
| Trade receivables | 40 | €13,632 | €11,498 | -€2,134 | -15.7% |
| Other amounts receivable | 41 | €5,708 | €1,916 | -€3,792 | -66.4% |
| Cash at bank and in hand | 54/58 | €40,507 | €91,221 | +€50,714 | +125% |
| Deferred charges and accrued income | 490/1 | €1,118 | - | -€1,118 | |
| Total equity and liabilities | 10/49 | €70,397 | €112,933 | +€42,537 | +60.4% |
| Equity | 10/15 | €56,670 | €97,408 | +€40,738 | +71.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €51,670 | €92,408 | +€40,738 | +78.8% |
| Distributable reserves | 133 | €51,670 | €92,408 | +€40,738 | +78.8% |
| Amounts payable | 17/49 | €13,727 | €15,525 | +€1,798 | +13.1% |
| Amounts payable within one year | 42/48 | €13,727 | €15,525 | +€1,798 | +13.1% |
| Trade debts | 44 | - | €3,480 | +€3,480 | |
| Suppliers | 440/4 | - | €3,480 | +€3,480 | |
| Taxes, remuneration and social security | 45 | €13,727 | €12,045 | -€1,682 | -12.3% |
| Taxes | 450/3 | €13,727 | €12,045 | -€1,682 | -12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,011 | €2,782 | +€771 | +38.3% |
| Other operating charges | 640/8 | €78 | - | -€78 | |
| Gross operating margin | 9900 | €66,289 | €56,233 | -€10,056 | -15.2% |
| Operating profit (loss) | 9901 | €64,200 | €53,451 | -€10,748 | -16.7% |
| Financial income | 75/76B | €632 | - | -€632 | |
| Recurring financial income | 75 | €632 | - | -€632 | |
| Financial charges | 65/66B | €70 | €729 | +€659 | +948% |
| Recurring financial charges | 65 | €70 | €729 | +€659 | +948% |
| Profit (loss) for the period before taxes | 9903 | €64,762 | €52,723 | -€12,039 | -18.6% |
| Income taxes | 67/77 | €13,092 | €10,770 | -€2,323 | -17.7% |
| Profit (loss) for the period | 9904 | €51,670 | €41,953 | -€9,717 | -18.8% |
| Profit (loss) for the period to be appropriated | 9905 | €51,670 | €41,953 | -€9,717 | -18.8% |
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 18 October 2026 via checked.be.