NIFLINVEST: 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.
NIFLINVEST
Largest movements
- Cash +€18,183
up €18,183 (+12.6%), from €144,534 to €162,718
mainly Depreciation (+€32,501) and Other debts (+€3,724)
- Tangible fixed assets -€16,660
down €16,660 (-3.4%), from €489,135 to €472,475
of which Land and buildings: -€17,218
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€11,382
down €11,382 (-22.2%), from €51,170 to €39,788
- Depreciation +€1,658
up €1,658 (+5.4%), from €30,843 to €32,501
- Taxes -€1,293
down €1,293 (-64.1%), from €2,018 to €725
- Other operating charges +€1,036
up €1,036 (+26.0%), from €3,983 to €5,019
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 | €765,086 | €771,791 | +€6,705 | +0.9% |
| Fixed assets | 21/28 | €489,135 | €472,475 | -€16,660 | -3.4% |
| Tangible fixed assets | 22/27 | €489,135 | €472,475 | -€16,660 | -3.4% |
| Land and buildings | 22 | €482,583 | €465,364 | -€17,218 | -3.6% |
| Furniture and vehicles | 24 | €6,552 | €7,111 | +€559 | +8.5% |
| Current assets | 29/58 | €275,951 | €299,316 | +€23,365 | +8.5% |
| Stocks and contracts in progress | 3 | €131,417 | €136,598 | +€5,182 | +3.9% |
| Stocks | 30/36 | €131,417 | €136,598 | +€5,182 | +3.9% |
| Cash at bank and in hand | 54/58 | €144,534 | €162,718 | +€18,183 | +12.6% |
| Total equity and liabilities | 10/49 | €765,086 | €771,791 | +€6,705 | +0.9% |
| Equity | 10/15 | €144,085 | €145,956 | +€1,871 | +1.3% |
| Contributions | 10/11 | €13,400 | €13,400 | = | 0.0% |
| Reserves | 13 | €34,902 | €34,902 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €33,042 | €33,042 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,782 | €97,653 | +€1,871 | +2.0% |
| Amounts payable | 17/49 | €621,001 | €625,835 | +€4,834 | +0.8% |
| Amounts payable within one year | 42/48 | €621,001 | €623,499 | +€2,498 | +0.4% |
| Trade debts | 44 | €29 | €144 | +€115 | +396% |
| Suppliers | 440/4 | €29 | €144 | +€115 | +396% |
| Taxes, remuneration and social security | 45 | €1,955 | €614 | -€1,341 | -68.6% |
| Taxes | 450/3 | €1,955 | €614 | -€1,341 | -68.6% |
| Other amounts payable | 47/48 | €619,017 | €622,742 | +€3,724 | +0.6% |
| Accrued charges and deferred income | 492/3 | - | €2,336 | +€2,336 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,843 | €32,501 | +€1,658 | +5.4% |
| Other operating charges | 640/8 | €3,983 | €5,019 | +€1,036 | +26.0% |
| Gross operating margin | 9900 | €51,170 | €39,788 | -€11,382 | -22.2% |
| Operating profit (loss) | 9901 | €16,345 | €2,269 | -€14,076 | -86.1% |
| Financial income | 75/76B | €211 | €370 | +€159 | +75.2% |
| Recurring financial income | 75 | €211 | €370 | +€159 | +75.2% |
| Financial charges | 65/66B | €40 | €44 | +€4 | +9.0% |
| Recurring financial charges | 65 | €40 | €44 | +€4 | +9.0% |
| Profit (loss) for the period before taxes | 9903 | €16,517 | €2,596 | -€13,921 | -84.3% |
| Income taxes | 67/77 | €2,018 | €725 | -€1,293 | -64.1% |
| Profit (loss) for the period | 9904 | €14,498 | €1,871 | -€12,627 | -87.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,498 | €1,871 | -€12,627 | -87.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.