NIFTIX: 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.
NIFTIX
Largest movements
- Cash +€46,545
up €46,545 (+63.5%), from €73,335 to €119,880
mainly Net result for the year (+€81,271) and Trade debts (+€62,363)
- Receivables within one year +€23,351
up €23,351 (+22.0%), from €105,936 to €129,287
of which Trade receivables: +€52,221
- Stocks and contracts -€10,567
down €10,567 (-17.7%), from €59,623 to €49,056
- Reserves +€71,271
up €71,271 (+47.3%), from €150,830 to €222,100
of which Distributable reserves: +€71,271
- Trade debts +€62,363
up €62,363 (+79.1%), from €78,872 to €141,235
- Debts after one year -€44,023
down €44,023 (-31.5%), from €139,803 to €95,780
- Short-term financial debts -€27,142
down €27,142 (-54.1%), from €50,174 to €23,032
- Gross operating margin +€26,531
up €26,531 (+6.8%), from €391,612 to €418,142
- Depreciation +€11,910
up €11,910 (+33.3%), from €35,757 to €47,667
- Taxes +€9,222
up €9,222 (+35.7%), from €25,842 to €35,064
- Write-downs -€5,986
down €5,986 (-100%), from €5,986 to €0
- Staff costs +€4,278
up €4,278 (+1.8%), from €239,538 to €243,816
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 | €516,634 | €575,997 | +€59,364 | +11.5% |
| Fixed assets | 21/28 | €265,303 | €261,209 | -€4,094 | -1.5% |
| Tangible fixed assets | 22/27 | €265,303 | €261,209 | -€4,094 | -1.5% |
| Land and buildings | 22 | €174,362 | €168,232 | -€6,129 | -3.5% |
| Plant, machinery and equipment | 23 | €24,616 | €25,849 | +€1,233 | +5.0% |
| Furniture and vehicles | 24 | €66,326 | €67,128 | +€802 | +1.2% |
| Current assets | 29/58 | €251,331 | €314,788 | +€63,457 | +25.2% |
| Stocks and contracts in progress | 3 | €59,623 | €49,056 | -€10,567 | -17.7% |
| Stocks | 30/36 | €59,623 | €49,056 | -€10,567 | -17.7% |
| Amounts receivable within one year | 40/41 | €105,936 | €129,287 | +€23,351 | +22.0% |
| Trade receivables | 40 | €44,470 | €96,691 | +€52,221 | +117% |
| Other amounts receivable | 41 | €61,467 | €32,597 | -€28,870 | -47.0% |
| Cash at bank and in hand | 54/58 | €73,335 | €119,880 | +€46,545 | +63.5% |
| Deferred charges and accrued income | 490/1 | €12,436 | €16,564 | +€4,129 | +33.2% |
| Total equity and liabilities | 10/49 | €516,634 | €575,997 | +€59,364 | +11.5% |
| Equity | 10/15 | €169,430 | €240,700 | +€71,271 | +42.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €150,830 | €222,100 | +€71,271 | +47.3% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €132,080 | €203,350 | +€71,271 | +54.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €347,204 | €335,297 | -€11,907 | -3.4% |
| Amounts payable after more than one year | 17 | €139,803 | €95,780 | -€44,023 | -31.5% |
| Financial debts | 170/4 | €139,803 | €95,780 | -€44,023 | -31.5% |
| Amounts payable within one year | 42/48 | €207,401 | €239,096 | +€31,695 | +15.3% |
| Current portion of amounts payable after more than one year | 42 | €47,788 | €44,023 | -€3,765 | -7.9% |
| Financial debts | 43 | €50,174 | €23,032 | -€27,142 | -54.1% |
| Credit institutions | 430/8 | €50,174 | €23,032 | -€27,142 | -54.1% |
| Trade debts | 44 | €78,872 | €141,235 | +€62,363 | +79.1% |
| Suppliers | 440/4 | €78,872 | €141,235 | +€62,363 | +79.1% |
| Taxes, remuneration and social security | 45 | €21,067 | €21,305 | +€238 | +1.1% |
| Taxes | 450/3 | €500 | €500 | = | 0.0% |
| Remuneration and social security | 454/9 | €20,567 | €20,805 | +€238 | +1.2% |
| Other amounts payable | 47/48 | €9,500 | €9,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €421 | +€421 | |
| Remuneration, social security and pensions | 62 | €239,538 | €243,816 | +€4,278 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,757 | €47,667 | +€11,910 | +33.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,986 | €0 | -€5,986 | -100% |
| Other operating charges | 640/8 | €1,986 | €2,391 | +€404 | +20.4% |
| Non-recurring operating charges | 66A | €12,471 | €0 | -€12,471 | -100% |
| Gross operating margin | 9900 | €391,612 | €418,142 | +€26,531 | +6.8% |
| Operating profit (loss) | 9901 | €95,874 | €124,269 | +€28,395 | +29.6% |
| Financial income | 75/76B | €174 | €506 | +€332 | +190% |
| Recurring financial income | 75 | €174 | €506 | +€332 | +190% |
| Financial charges | 65/66B | €7,822 | €8,441 | +€619 | +7.9% |
| Recurring financial charges | 65 | €7,822 | €8,441 | +€619 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €88,227 | €116,334 | +€28,108 | +31.9% |
| Income taxes | 67/77 | €25,842 | €35,064 | +€9,222 | +35.7% |
| Profit (loss) for the period | 9904 | €62,385 | €81,271 | +€18,886 | +30.3% |
| Profit (loss) for the period to be appropriated | 9905 | €62,385 | €81,271 | +€18,886 | +30.3% |
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 17 October 2026 via checked.be.