NIGHTEEN: 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.
NIGHTEEN
Largest movements
- Cash -€4,081
down €4,081 (-97.0%), from €4,205 to €124
mainly Investment in fixed assets (net) (-€62,309) and Current portion of long-term debt (-€30,919)
- Tangible fixed assets +€3,792
up €3,792 (+3.2%), from €117,374 to €121,166
of which Other tangible fixed assets: +€45,862
- Stocks and contracts -€2,560
down €2,560 (-7.0%), from €36,494 to €33,935
- Current portion of long-term debt -€30,919
down €30,919 (-68.1%), from €45,423 to €14,504
- Debts after one year +€29,807
up €29,807 (+14.5%), from €206,085 to €235,893
of which Financial debts: +€29,807
- Trade debts +€29,785
up €29,785 (+22.8%), from €130,385 to €160,170
- Profit (loss) carried forward -€25,490
down €25,490 (-8.9%), from -€285,181 to -€310,671
- Staff costs +€19,319
up €19,319 (+4.1%), from €470,300 to €489,619
- Gross operating margin -€18,247
down €18,247 (-3.3%), from €556,054 to €537,808
- Depreciation -€16,068
down €16,068 (-21.5%), from €74,586 to €58,517
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 | €177,961 | €174,975 | -€2,986 | -1.7% |
| Fixed assets | 21/28 | €117,374 | €121,166 | +€3,792 | +3.2% |
| Tangible fixed assets | 22/27 | €117,374 | €121,166 | +€3,792 | +3.2% |
| Plant, machinery and equipment | 23 | €77,021 | €32,547 | -€44,473 | -57.7% |
| Furniture and vehicles | 24 | - | €2,403 | +€2,403 | |
| Other tangible fixed assets | 26 | €40,353 | €86,215 | +€45,862 | +114% |
| Current assets | 29/58 | €60,588 | €53,809 | -€6,778 | -11.2% |
| Stocks and contracts in progress | 3 | €36,494 | €33,935 | -€2,560 | -7.0% |
| Stocks | 30/36 | €36,494 | €33,935 | -€2,560 | -7.0% |
| Amounts receivable within one year | 40/41 | €8,699 | €8,639 | -€60 | -0.7% |
| Trade receivables | 40 | €6,297 | €2,034 | -€4,263 | -67.7% |
| Other amounts receivable | 41 | €2,402 | €6,605 | +€4,203 | +175% |
| Cash at bank and in hand | 54/58 | €4,205 | €124 | -€4,081 | -97.0% |
| Deferred charges and accrued income | 490/1 | €11,189 | €11,112 | -€78 | -0.7% |
| Total equity and liabilities | 10/49 | €177,961 | €174,975 | -€2,986 | -1.7% |
| Equity | 10/15 | -€265,181 | -€290,671 | -€25,490 | -9.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€285,181 | -€310,671 | -€25,490 | -8.9% |
| Amounts payable | 17/49 | €443,143 | €465,646 | +€22,503 | +5.1% |
| Amounts payable after more than one year | 17 | €206,085 | €235,893 | +€29,807 | +14.5% |
| Financial debts | 170/4 | €6,085 | €35,893 | +€29,807 | +490% |
| Other amounts payable | 178/9 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €232,151 | €226,619 | -€5,531 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €45,423 | €14,504 | -€30,919 | -68.1% |
| Financial debts | 43 | €1,470 | €0 | -€1,470 | -100% |
| Credit institutions | 430/8 | €1,470 | €0 | -€1,470 | -100% |
| Trade debts | 44 | €130,385 | €160,170 | +€29,785 | +22.8% |
| Suppliers | 440/4 | €130,385 | €160,170 | +€29,785 | +22.8% |
| Taxes, remuneration and social security | 45 | €46,530 | €44,918 | -€1,612 | -3.5% |
| Taxes | 450/3 | €15,878 | €19,739 | +€3,861 | +24.3% |
| Remuneration and social security | 454/9 | €30,652 | €25,179 | -€5,473 | -17.9% |
| Other amounts payable | 47/48 | €8,343 | €7,027 | -€1,315 | -15.8% |
| Accrued charges and deferred income | 492/3 | €4,907 | €3,134 | -€1,773 | -36.1% |
| Remuneration, social security and pensions | 62 | €470,300 | €489,619 | +€19,319 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,586 | €58,517 | -€16,068 | -21.5% |
| Other operating charges | 640/8 | €1,580 | €1,174 | -€406 | -25.7% |
| Gross operating margin | 9900 | €556,054 | €537,808 | -€18,247 | -3.3% |
| Operating profit (loss) | 9901 | €9,588 | -€11,503 | -€21,091 | |
| Financial income | 75/76B | €77 | €190 | +€113 | +146% |
| Recurring financial income | 75 | €77 | €190 | +€113 | +146% |
| Financial charges | 65/66B | €16,312 | €14,177 | -€2,135 | -13.1% |
| Recurring financial charges | 65 | €16,312 | €14,177 | -€2,135 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,646 | -€25,490 | -€18,844 | -284% |
| Profit (loss) for the period | 9904 | -€6,646 | -€25,490 | -€18,844 | -284% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,646 | -€25,490 | -€18,844 | -284% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.