Nifelas: 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.
Nifelas
Largest movements
- Cash +€46,296
up €46,296 (+44.7%), from €103,583 to €149,879
mainly Net result for the year (+€48,853) and Accrued charges and deferred income (+€19,996)
- Receivables within one year +€1,582
new in 2025: €1,582
- Profit (loss) carried forward +€48,853
up €48,853 (+100.8%), from €48,458 to €97,311
- Accrued charges and deferred income +€19,996
new in 2025: €19,996
- Other debts -€18,943
down €18,943 (-78.5%), from €24,132 to €5,190
- Trade debts -€11,745
down €11,745 (-88.1%), from €13,327 to €1,582
- Tax, wage and social debts +€9,401
up €9,401 (+61.4%), from €15,299 to €24,700
- Depreciation -€1,350
down €1,350 (-81.0%), from €1,667 to €317
- Gross operating margin -€638
down €638 (-1.0%), from €62,400 to €61,762
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.
Cash bridge derived
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 | €104,217 | €151,778 | +€47,561 | +45.6% |
| Fixed assets | 21/28 | €633 | €317 | -€317 | -50.0% |
| Tangible fixed assets | 22/27 | €633 | €317 | -€317 | -50.0% |
| Furniture and vehicles | 24 | €633 | €317 | -€317 | -50.0% |
| Current assets | 29/58 | €103,583 | €151,461 | +€47,878 | +46.2% |
| Amounts receivable within one year | 40/41 | - | €1,582 | +€1,582 | |
| Trade receivables | 40 | - | €1,582 | +€1,582 | |
| Cash at bank and in hand | 54/58 | €103,583 | €149,879 | +€46,296 | +44.7% |
| Total equity and liabilities | 10/49 | €104,217 | €151,778 | +€47,561 | +45.6% |
| Equity | 10/15 | €51,458 | €100,311 | +€48,853 | +94.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,458 | €97,311 | +€48,853 | +100.8% |
| Amounts payable | 17/49 | €52,759 | €51,467 | -€1,291 | -2.4% |
| Amounts payable within one year | 42/48 | €52,759 | €31,472 | -€21,287 | -40.3% |
| Trade debts | 44 | €13,327 | €1,582 | -€11,745 | -88.1% |
| Suppliers | 440/4 | €13,327 | €1,582 | -€11,745 | -88.1% |
| Taxes, remuneration and social security | 45 | €15,299 | €24,700 | +€9,401 | +61.4% |
| Taxes | 450/3 | €15,299 | €24,700 | +€9,401 | +61.4% |
| Other amounts payable | 47/48 | €24,132 | €5,190 | -€18,943 | -78.5% |
| Accrued charges and deferred income | 492/3 | - | €19,996 | +€19,996 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,667 | €317 | -€1,350 | -81.0% |
| Gross operating margin | 9900 | €62,400 | €61,762 | -€638 | -1.0% |
| Operating profit (loss) | 9901 | €60,734 | €61,446 | +€712 | +1.2% |
| Financial charges | 65/66B | €58 | €111 | +€53 | +91.3% |
| Recurring financial charges | 65 | €58 | €111 | +€53 | +91.3% |
| Profit (loss) for the period before taxes | 9903 | €60,676 | €61,335 | +€659 | +1.1% |
| Income taxes | 67/77 | €12,218 | €12,482 | +€264 | +2.2% |
| Profit (loss) for the period | 9904 | €48,458 | €48,853 | +€395 | +0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €48,458 | €48,853 | +€395 | +0.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.