NIGYS PROJECT: 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.
NIGYS PROJECT
Largest movements
- Cash +€9,199
up €9,199 (+36.8%), from €25,018 to €34,218
mainly Net result for the year (+€11,760) and Deferred charges and accrued income (+€2,873)
- Receivables within one year +€4,776
up €4,776 (+72.7%), from €6,574 to €11,350
of which Trade receivables: +€4,716
- Deferred charges and accrued income -€2,873
down €2,873 (-70.5%), from €4,077 to €1,204
- Tangible fixed assets -€804
down €804 (-31.4%), from €2,557 to €1,753
of which Plant, machinery and equipment: -€500
- Profit (loss) carried forward +€11,760
up €11,760 (+52.5%), from €22,381 to €34,141
- Other debts -€3,175
down €3,175 (-99.5%), from €3,191 to €16
- Trade debts +€2,809
up €2,809 (+272%), from €1,033 to €3,842
- Tax, wage and social debts -€1,341
down €1,341 (-13.5%), from €9,909 to €8,567
of which Taxes: -€1,341
- Gross operating margin +€5,889
up €5,889 (+43.8%), from €13,435 to €19,324
- Taxes +€1,350
up €1,350 (+47.4%), from €2,849 to €4,199
- Other operating charges -€565
down €565 (-20.8%), from €2,714 to €2,149
- Depreciation -€392
down €392 (-27.2%), from €1,443 to €1,050
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 | €38,513 | €48,566 | +€10,053 | +26.1% |
| Formation expenses | 20 | €287 | €40 | -€246 | -85.9% |
| Fixed assets | 21/28 | €2,557 | €1,753 | -€804 | -31.4% |
| Tangible fixed assets | 22/27 | €2,557 | €1,753 | -€804 | -31.4% |
| Plant, machinery and equipment | 23 | €1,803 | €1,303 | -€500 | -27.7% |
| Furniture and vehicles | 24 | €755 | €451 | -€304 | -40.3% |
| Current assets | 29/58 | €35,669 | €46,772 | +€11,103 | +31.1% |
| Amounts receivable within one year | 40/41 | €6,574 | €11,350 | +€4,776 | +72.7% |
| Trade receivables | 40 | €6,424 | €11,140 | +€4,716 | +73.4% |
| Other amounts receivable | 41 | €151 | €211 | +€60 | +39.8% |
| Cash at bank and in hand | 54/58 | €25,018 | €34,218 | +€9,199 | +36.8% |
| Deferred charges and accrued income | 490/1 | €4,077 | €1,204 | -€2,873 | -70.5% |
| Total equity and liabilities | 10/49 | €38,513 | €48,566 | +€10,053 | +26.1% |
| Equity | 10/15 | €24,381 | €36,141 | +€11,760 | +48.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,381 | €34,141 | +€11,760 | +52.5% |
| Amounts payable | 17/49 | €14,132 | €12,425 | -€1,708 | -12.1% |
| Amounts payable within one year | 42/48 | €14,132 | €12,425 | -€1,708 | -12.1% |
| Trade debts | 44 | €1,033 | €3,842 | +€2,809 | +272% |
| Suppliers | 440/4 | €1,033 | €3,842 | +€2,809 | +272% |
| Taxes, remuneration and social security | 45 | €9,909 | €8,567 | -€1,341 | -13.5% |
| Taxes | 450/3 | €7,909 | €6,567 | -€1,341 | -17.0% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €3,191 | €16 | -€3,175 | -99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,443 | €1,050 | -€392 | -27.2% |
| Other operating charges | 640/8 | €2,714 | €2,149 | -€565 | -20.8% |
| Gross operating margin | 9900 | €13,435 | €19,324 | +€5,889 | +43.8% |
| Operating profit (loss) | 9901 | €9,278 | €16,124 | +€6,846 | +73.8% |
| Financial income | 75/76B | €29 | - | -€29 | |
| Recurring financial income | 75 | €29 | - | -€29 | |
| Financial charges | 65/66B | €30 | €165 | +€135 | +449% |
| Recurring financial charges | 65 | €30 | €165 | +€135 | +449% |
| Profit (loss) for the period before taxes | 9903 | €9,277 | €15,959 | +€6,682 | +72.0% |
| Income taxes | 67/77 | €2,849 | €4,199 | +€1,350 | +47.4% |
| Profit (loss) for the period | 9904 | €6,428 | €11,760 | +€5,332 | +83.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,428 | €11,760 | +€5,332 | +83.0% |
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 13 October 2026 via checked.be.