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
- Tangible fixed assets -€11,064
down €11,064 (-27.8%), from €39,841 to €28,777
of which Furniture and vehicles: -€7,540
- Receivables within one year -€4,304
down €4,304 (-39.8%), from €10,800 to €6,496
of which Trade receivables: -€3,714
- Cash +€1,237
up €1,237 (+22.3%), from €5,553 to €6,790
mainly Depreciation (+€11,064) and Receivables within one year (+€4,304)
- Stocks and contracts -€653
down €653 (-24.6%), from €2,653 to €2,000
- Other debts -€7,085
down €7,085 (-15.6%), from €45,341 to €38,256
- Profit (loss) carried forward -€6,593
down €6,593 (-11.7%), from -€56,161 to -€62,754
- Trade debts -€1,179
down €1,179 (-93.9%), from €1,256 to €77
- Gross operating margin -€5,409
down €5,409 (-46.1%), from €11,744 to €6,335
- Depreciation -€910
down €910 (-7.6%), from €11,974 to €11,064
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 | €60,512 | €45,813 | -€14,699 | -24.3% |
| Fixed assets | 21/28 | €39,841 | €28,777 | -€11,064 | -27.8% |
| Tangible fixed assets | 22/27 | €39,841 | €28,777 | -€11,064 | -27.8% |
| Land and buildings | 22 | €12,501 | €10,674 | -€1,827 | -14.6% |
| Plant, machinery and equipment | 23 | €6,528 | €4,831 | -€1,696 | -26.0% |
| Furniture and vehicles | 24 | €20,813 | €13,273 | -€7,540 | -36.2% |
| Current assets | 29/58 | €20,670 | €17,036 | -€3,635 | -17.6% |
| Stocks and contracts in progress | 3 | €2,653 | €2,000 | -€653 | -24.6% |
| Stocks | 30/36 | €2,653 | €2,000 | -€653 | -24.6% |
| Amounts receivable within one year | 40/41 | €10,800 | €6,496 | -€4,304 | -39.8% |
| Trade receivables | 40 | €9,289 | €5,575 | -€3,714 | -40.0% |
| Other amounts receivable | 41 | €1,511 | €922 | -€589 | -39.0% |
| Cash at bank and in hand | 54/58 | €5,553 | €6,790 | +€1,237 | +22.3% |
| Deferred charges and accrued income | 490/1 | €1,665 | €1,750 | +€85 | +5.1% |
| Total equity and liabilities | 10/49 | €60,512 | €45,813 | -€14,699 | -24.3% |
| Equity | 10/15 | -€36,085 | -€42,678 | -€6,593 | -18.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €76 | €76 | = | 0.0% |
| Distributable reserves | 133 | €76 | €76 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,161 | -€62,754 | -€6,593 | -11.7% |
| Amounts payable | 17/49 | €96,597 | €88,491 | -€8,105 | -8.4% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €46,597 | €38,491 | -€8,105 | -17.4% |
| Trade debts | 44 | €1,256 | €77 | -€1,179 | -93.9% |
| Suppliers | 440/4 | €1,256 | €77 | -€1,179 | -93.9% |
| Taxes, remuneration and social security | 45 | €0 | €159 | +€159 | |
| Taxes | 450/3 | €0 | €159 | +€159 | |
| Other amounts payable | 47/48 | €45,341 | €38,256 | -€7,085 | -15.6% |
| Remuneration, social security and pensions | 62 | €851 | €868 | +€17 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,974 | €11,064 | -€910 | -7.6% |
| Other operating charges | 640/8 | €513 | €527 | +€14 | +2.8% |
| Gross operating margin | 9900 | €11,744 | €6,335 | -€5,409 | -46.1% |
| Operating profit (loss) | 9901 | -€1,594 | -€6,125 | -€4,531 | -284% |
| Financial income | 75/76B | €0 | €1 | +€1 | |
| Recurring financial income | 75 | €0 | €1 | +€1 | |
| Financial charges | 65/66B | €404 | €470 | +€66 | +16.4% |
| Recurring financial charges | 65 | €404 | €470 | +€66 | +16.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,997 | -€6,593 | -€4,596 | -230% |
| Profit (loss) for the period | 9904 | -€1,997 | -€6,593 | -€4,596 | -230% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,997 | -€6,593 | -€4,596 | -230% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.