NIFTI: 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.
NIFTI
Largest movements
- Cash -€341
no longer reported in 2025 (was €341)
mainly Debts after one year (-€54,066) and Current portion of long-term debt (-€9,857)
- Other debts +€65,801
up €65,801 (+72.7%), from €90,473 to €156,274
- Debts after one year -€54,066
no longer reported in 2025 (was €54,066)
- Current portion of long-term debt -€9,857
no longer reported in 2025 (was €9,857)
- Profit (loss) carried forward -€1,887
down €1,887 (-1.1%), from -€174,867 to -€176,753
- Trade debts -€332
down €332 (-40.9%), from €811 to €479
- Gross operating margin +€505
up €505 (+51.3%), from -€984 to -€479
- Financial charges -€464
down €464 (-24.8%), from €1,872 to €1,408
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 | €341 | - | -€341 | |
| Current assets | 29/58 | €341 | - | -€341 | |
| Cash at bank and in hand | 54/58 | €341 | - | -€341 | |
| Total equity and liabilities | 10/49 | €341 | - | -€341 | |
| Equity | 10/15 | -€154,867 | -€156,753 | -€1,887 | -1.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€174,867 | -€176,753 | -€1,887 | -1.1% |
| Amounts payable | 17/49 | €155,207 | €156,753 | +€1,546 | +1.0% |
| Amounts payable after more than one year | 17 | €54,066 | - | -€54,066 | |
| Financial debts | 170/4 | €54,066 | - | -€54,066 | |
| Amounts payable within one year | 42/48 | €101,142 | €156,753 | +€55,612 | +55.0% |
| Current portion of amounts payable after more than one year | 42 | €9,857 | - | -€9,857 | |
| Trade debts | 44 | €811 | €479 | -€332 | -40.9% |
| Suppliers | 440/4 | €811 | €479 | -€332 | -40.9% |
| Other amounts payable | 47/48 | €90,473 | €156,274 | +€65,801 | +72.7% |
| Gross operating margin | 9900 | -€984 | -€479 | +€505 | +51.3% |
| Operating profit (loss) | 9901 | -€984 | -€479 | +€505 | +51.3% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €1,872 | €1,408 | -€464 | -24.8% |
| Recurring financial charges | 65 | €1,872 | €1,408 | -€464 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,851 | -€1,887 | +€964 | +33.8% |
| Profit (loss) for the period | 9904 | -€2,851 | -€1,887 | +€964 | +33.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,851 | -€1,887 | +€964 | +33.8% |
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 4 October 2026 via checked.be.