NIHAD MARKET: 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.
NIHAD MARKET
Largest movements
- Stocks and contracts +€13,040
up €13,040 (+199%), from €6,567 to €19,607
- Cash +€5,718
up €5,718 (+440%), from €1,299 to €7,017
mainly Net result for the year (+€18,209) and Other debts (+€1,848)
- Receivables within one year +€3,572
up €3,572 (+124%), from €2,881 to €6,453
- Tangible fixed assets -€649
down €649 (-51.0%), from €1,272 to €623
- Profit (loss) carried forward +€18,209
up €18,209 (+308%), from €5,920 to €24,130
- Other debts +€1,848
new in 2024: €1,848
- Tax, wage and social debts +€1,124
new in 2024: €1,124
- Trade debts +€500
up €500 (+500%), from €100 to €600
- Turnover +€140,572
up €140,572 (+177%), from €79,297 to €219,869
- Purchases and services +€109,015
up €109,015 (+149%), from €73,382 to €182,397
- Gross operating margin +€31,557
up €31,557 (+533%), from €5,915 to €37,472
- Other operating charges +€17,744
up €17,744 (+2,117%), from €838 to €18,582
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 | €12,020 | €33,701 | +€21,681 | +180% |
| Fixed assets | 21/28 | €1,272 | €623 | -€649 | -51.0% |
| Tangible fixed assets | 22/27 | €1,272 | €623 | -€649 | -51.0% |
| Furniture and vehicles | 24 | €1,272 | €623 | -€649 | -51.0% |
| Current assets | 29/58 | €10,748 | €33,078 | +€22,330 | +208% |
| Stocks and contracts in progress | 3 | €6,567 | €19,607 | +€13,040 | +199% |
| Stocks | 30/36 | €6,567 | €19,607 | +€13,040 | +199% |
| Amounts receivable within one year | 40/41 | €2,881 | €6,453 | +€3,572 | +124% |
| Other amounts receivable | 41 | €2,881 | €6,453 | +€3,572 | +124% |
| Cash at bank and in hand | 54/58 | €1,299 | €7,017 | +€5,718 | +440% |
| Total equity and liabilities | 10/49 | €12,020 | €33,701 | +€21,681 | +180% |
| Equity | 10/15 | €11,920 | €30,130 | +€18,209 | +153% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Contributions outside capital | 11 | €6,000 | €6,000 | = | 0.0% |
| Share premium | 1100/10 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,920 | €24,130 | +€18,209 | +308% |
| Amounts payable | 17/49 | €100 | €3,572 | +€3,472 | +3,472% |
| Amounts payable within one year | 42/48 | €100 | €3,572 | +€3,472 | +3,472% |
| Trade debts | 44 | €100 | €600 | +€500 | +500% |
| Suppliers | 440/4 | €100 | €600 | +€500 | +500% |
| Taxes, remuneration and social security | 45 | - | €1,124 | +€1,124 | |
| Taxes | 450/3 | - | €1,124 | +€1,124 | |
| Other amounts payable | 47/48 | - | €1,848 | +€1,848 | |
| Turnover | 70 | €79,297 | €219,869 | +€140,572 | +177% |
| Goods, raw materials, services and sundry goods | 60/61 | €73,382 | €182,397 | +€109,015 | +149% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €649 | €649 | = | 0.0% |
| Other operating charges | 640/8 | €838 | €18,582 | +€17,744 | +2,117% |
| Gross operating margin | 9900 | €5,915 | €37,472 | +€31,557 | +533% |
| Operating profit (loss) | 9901 | €4,429 | €18,242 | +€13,813 | +312% |
| Financial income | 75/76B | - | €121 | +€121 | |
| Recurring financial income | 75 | - | €121 | +€121 | |
| Non-recurring financial income | 76B | - | €121 | +€121 | |
| Financial charges | 65/66B | €561 | €154 | -€407 | -72.5% |
| Recurring financial charges | 65 | €455 | €154 | -€302 | -66.2% |
| Non-recurring financial charges | 66B | €105 | €0 | -€105 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €3,868 | €18,209 | +€14,341 | +371% |
| Profit (loss) for the period | 9904 | €3,868 | €18,209 | +€14,341 | +371% |
| Profit (loss) for the period to be appropriated | 9905 | €3,868 | €18,209 | +€14,341 | +371% |
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 29 October 2026 via checked.be.