NIGI: 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.
NIGI
Largest movements
- Cash +€44,787
up €44,787 (+568%), from €7,879 to €52,666
mainly Depreciation (+€63,724) and Other debts (+€29,862)
- Tangible fixed assets -€11,731
down €11,731 (-3.0%), from €389,853 to €378,122
of which Other tangible fixed assets: -€9,216
- Other debts +€29,862
up €29,862 (+83.6%), from €35,719 to €65,581
- Debts after one year -€15,320
down €15,320 (-6.0%), from €254,301 to €238,981
- Trade debts +€9,999
up €9,999 (+14.7%), from €68,250 to €78,250
- Reserves -€6,753
down €6,753 (-4.2%), from €161,639 to €154,886
- Gross operating margin +€40,111
up €40,111 (+13.6%), from €295,567 to €335,678
- Staff costs +€18,480
up €18,480 (+7.7%), from €239,999 to €258,479
- Depreciation +€11,870
up €11,870 (+22.9%), from €51,854 to €63,724
- Financial charges -€9,355
down €9,355 (-35.1%), from €26,618 to €17,263
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €599,508 | €625,222 | +€25,714 | +4.3% |
| Fixed assets | 21/28 | €397,046 | €385,643 | -€11,403 | -2.9% |
| Intangible fixed assets | 21 | €7,193 | €4,836 | -€2,357 | -32.8% |
| Tangible fixed assets | 22/27 | €389,853 | €378,122 | -€11,731 | -3.0% |
| Land and buildings | 22 | €7,550 | €6,715 | -€835 | -11.1% |
| Plant, machinery and equipment | 23 | €30,546 | €34,326 | +€3,780 | +12.4% |
| Furniture and vehicles | 24 | €11,988 | €6,530 | -€5,459 | -45.5% |
| Other tangible fixed assets | 26 | €339,769 | €330,552 | -€9,216 | -2.7% |
| Financial fixed assets | 28 | - | €2,685 | +€2,685 | |
| Current assets | 29/58 | €202,462 | €239,579 | +€37,117 | +18.3% |
| Amounts receivable after more than one year | 29 | €62,000 | €62,000 | = | 0.0% |
| Other amounts receivable | 291 | €62,000 | €62,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €15,084 | €15,682 | +€598 | +4.0% |
| Stocks | 30/36 | €15,084 | €15,682 | +€598 | +4.0% |
| Amounts receivable within one year | 40/41 | €107,243 | €104,935 | -€2,308 | -2.2% |
| Trade receivables | 40 | €19,678 | €34,846 | +€15,167 | +77.1% |
| Other amounts receivable | 41 | €87,564 | €70,089 | -€17,475 | -20.0% |
| Cash at bank and in hand | 54/58 | €7,879 | €52,666 | +€44,787 | +568% |
| Deferred charges and accrued income | 490/1 | €10,256 | €4,296 | -€5,960 | -58.1% |
| Total equity and liabilities | 10/49 | €599,508 | €625,222 | +€25,714 | +4.3% |
| Equity | 10/15 | €167,839 | €161,086 | -€6,753 | -4.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €161,639 | €154,886 | -€6,753 | -4.2% |
| Distributable reserves | 133 | €161,639 | €154,886 | -€6,753 | -4.2% |
| Amounts payable | 17/49 | €431,669 | €464,136 | +€32,467 | +7.5% |
| Amounts payable after more than one year | 17 | €254,301 | €238,981 | -€15,320 | -6.0% |
| Financial debts | 170/4 | €254,301 | €238,981 | -€15,320 | -6.0% |
| Amounts payable within one year | 42/48 | €173,478 | €221,155 | +€47,677 | +27.5% |
| Current portion of amounts payable after more than one year | 42 | €28,471 | €32,526 | +€4,055 | +14.2% |
| Trade debts | 44 | €68,250 | €78,250 | +€9,999 | +14.7% |
| Suppliers | 440/4 | €68,250 | €78,250 | +€9,999 | +14.7% |
| Advances received on contracts in progress | 46 | - | €2,136 | +€2,136 | |
| Taxes, remuneration and social security | 45 | €41,038 | €42,663 | +€1,625 | +4.0% |
| Taxes | 450/3 | €20,360 | €20,913 | +€553 | +2.7% |
| Remuneration and social security | 454/9 | €20,678 | €21,750 | +€1,072 | +5.2% |
| Other amounts payable | 47/48 | €35,719 | €65,581 | +€29,862 | +83.6% |
| Accrued charges and deferred income | 492/3 | €3,890 | €4,000 | +€110 | +2.8% |
| Remuneration, social security and pensions | 62 | €239,999 | €258,479 | +€18,480 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,854 | €63,724 | +€11,870 | +22.9% |
| Other operating charges | 640/8 | €3,017 | €3,738 | +€720 | +23.9% |
| Gross operating margin | 9900 | €295,567 | €335,678 | +€40,111 | +13.6% |
| Operating profit (loss) | 9901 | €696 | €9,737 | +€9,041 | +1,299% |
| Financial income | 75/76B | €932 | €1,002 | +€70 | +7.5% |
| Recurring financial income | 75 | €932 | €1,002 | +€70 | +7.5% |
| Financial charges | 65/66B | €26,618 | €17,263 | -€9,355 | -35.1% |
| Recurring financial charges | 65 | €26,618 | €17,263 | -€9,355 | -35.1% |
| Profit (loss) for the period before taxes | 9903 | -€24,989 | -€6,524 | +€18,466 | +73.9% |
| Income taxes | 67/77 | €246 | €229 | -€17 | -6.7% |
| Profit (loss) for the period | 9904 | -€25,235 | -€6,753 | +€18,482 | +73.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,235 | -€6,753 | +€18,482 | +73.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.