NIHAO 168: 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.
NIHAO 168
Largest movements
- Receivables within one year -€96,048
down €96,048 (-82.5%), from €116,470 to €20,422
of which Other amounts receivable: -€49,080
- Tangible fixed assets -€28,508
down €28,508 (-25.1%), from €113,459 to €84,951
of which Plant, machinery and equipment: -€14,853
- Cash -€10,372
down €10,372 (-24.2%), from €42,822 to €32,450
mainly Other debts (-€103,587) and Trade debts (-€95,993)
- Stocks and contracts -€9,177
no longer reported in 2025 (was €9,177)
- Contributions +€135,000
up €135,000 (+5,192%), from €2,600 to €137,600
- Other debts -€103,587
down €103,587 (-42.3%), from €244,925 to €141,338
- Trade debts -€95,993
down €95,993 (-78.6%), from €122,156 to €26,163
- Profit (loss) carried forward -€67,178
down €67,178 (-125%), from -€53,558 to -€120,736
- Tax, wage and social debts -€9,074
down €9,074 (-59.3%), from €15,305 to €6,231
of which Remuneration and social security: -€8,063
- Staff costs +€21,747
up €21,747 (+116%), from €18,757 to €40,504
- Gross operating margin +€20,568
up €20,568, from -€2,491 to €18,077
- Depreciation +€8,435
up €8,435 (+42.0%), from €20,073 to €28,508
- Other operating charges +€5,428
up €5,428 (+50.6%), from €10,736 to €16,164
- Financial charges -€1,851
down €1,851 (-39.9%), from €4,635 to €2,784
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 | €341,960 | €198,423 | -€143,537 | -42.0% |
| Fixed assets | 21/28 | €173,459 | €144,951 | -€28,508 | -16.4% |
| Tangible fixed assets | 22/27 | €113,459 | €84,951 | -€28,508 | -25.1% |
| Plant, machinery and equipment | 23 | €55,918 | €41,065 | -€14,853 | -26.6% |
| Furniture and vehicles | 24 | €931 | €629 | -€302 | -32.4% |
| Other tangible fixed assets | 26 | €56,610 | €43,257 | -€13,353 | -23.6% |
| Financial fixed assets | 28 | €60,000 | €60,000 | = | 0.0% |
| Current assets | 29/58 | €168,501 | €53,472 | -€115,029 | -68.3% |
| Stocks and contracts in progress | 3 | €9,177 | - | -€9,177 | |
| Stocks | 30/36 | €9,177 | - | -€9,177 | |
| Amounts receivable within one year | 40/41 | €116,470 | €20,422 | -€96,048 | -82.5% |
| Trade receivables | 40 | €66,394 | €19,426 | -€46,968 | -70.7% |
| Other amounts receivable | 41 | €50,076 | €996 | -€49,080 | -98.0% |
| Cash at bank and in hand | 54/58 | €42,822 | €32,450 | -€10,372 | -24.2% |
| Deferred charges and accrued income | 490/1 | €32 | €600 | +€568 | +1,775% |
| Total equity and liabilities | 10/49 | €341,960 | €198,423 | -€143,537 | -42.0% |
| Equity | 10/15 | -€40,426 | €24,691 | +€65,117 | |
| Contributions | 10/11 | €2,600 | €137,600 | +€135,000 | +5,192% |
| Profit (loss) carried forward | 14 | -€53,558 | -€120,736 | -€67,178 | -125% |
| Investment grants | 15 | €10,532 | €7,827 | -€2,705 | -25.7% |
| Amounts payable | 17/49 | €382,386 | €173,732 | -€208,654 | -54.6% |
| Amounts payable within one year | 42/48 | €382,386 | €173,732 | -€208,654 | -54.6% |
| Trade debts | 44 | €122,156 | €26,163 | -€95,993 | -78.6% |
| Suppliers | 440/4 | €122,156 | €26,163 | -€95,993 | -78.6% |
| Taxes, remuneration and social security | 45 | €15,305 | €6,231 | -€9,074 | -59.3% |
| Taxes | 450/3 | €1,011 | - | -€1,011 | |
| Remuneration and social security | 454/9 | €14,294 | €6,231 | -€8,063 | -56.4% |
| Other amounts payable | 47/48 | €244,925 | €141,338 | -€103,587 | -42.3% |
| Remuneration, social security and pensions | 62 | €18,757 | €40,504 | +€21,747 | +116% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,073 | €28,508 | +€8,435 | +42.0% |
| Other operating charges | 640/8 | €10,736 | €16,164 | +€5,428 | +50.6% |
| Gross operating margin | 9900 | -€2,491 | €18,077 | +€20,568 | |
| Operating profit (loss) | 9901 | -€52,057 | -€67,099 | -€15,042 | -28.9% |
| Financial income | 75/76B | €3,134 | €2,705 | -€429 | -13.7% |
| Recurring financial income | 75 | €3,134 | €2,705 | -€429 | -13.7% |
| Financial charges | 65/66B | €4,635 | €2,784 | -€1,851 | -39.9% |
| Recurring financial charges | 65 | €4,635 | €2,784 | -€1,851 | -39.9% |
| Profit (loss) for the period before taxes | 9903 | -€53,558 | -€67,178 | -€13,620 | -25.4% |
| Profit (loss) for the period | 9904 | -€53,558 | -€67,178 | -€13,620 | -25.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€53,558 | -€67,178 | -€13,620 | -25.4% |
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 28 October 2026 via checked.be.