NiJe: what changed
Two fiscal 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.
NiJe
Largest movements
- Cash -€47,641
down €47,641 (-23.8%), from €200,561 to €152,920
mainly Investment in fixed assets (net) (-€38,402) and Net result for the year (-€14,497)
- Tangible fixed assets +€22,838
up €22,838 (+16.9%), from €135,017 to €157,855
of which Furniture and vehicles: +€23,643
- Receivables within one year +€5,775
up €5,775 (+243.5%), from €2,372 to €8,148
of which Trade receivables: +€4,130
- Profit (loss) carried forward -€14,497
down €14,497 (-22.6%), from €64,199 to €49,702
- Current portion of long-term debt -€9,305
no longer reported in 2025 (was €9,305)
- Depreciation +€6,353
up €6,353 (+69.0%), from €9,212 to €15,564
- Gross operating margin +€1,252
up €1,252 (+18.1%), from €6,915 to €8,167
- Write-downs +€1,139
new in 2025: €1,139
- Taxes +€448
up €448 (+161.6%), from €277 to €726
- Other operating charges +€177
up €177 (+11.2%), from €1,571 to €1,748
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.
Cash bridge derived
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 | €339,094 | €319,425 | -€19,670 | -5.8% |
| Fixed assets | 21/28 | €135,290 | €158,127 | +€22,838 | +16.9% |
| Tangible fixed assets | 22/27 | €135,017 | €157,855 | +€22,838 | +16.9% |
| Land and buildings | 22 | €1,611 | €805 | -€805 | -50.0% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €16,011 | €39,654 | +€23,643 | +147.7% |
| Other tangible fixed assets | 26 | €117,395 | €117,395 | = | 0.0% |
| Financial fixed assets | 28 | €273 | €273 | = | 0.0% |
| Current assets | 29/58 | €203,805 | €161,297 | -€42,507 | -20.9% |
| Amounts receivable within one year | 40/41 | €2,372 | €8,148 | +€5,775 | +243.5% |
| Trade receivables | 40 | €1,139 | €5,269 | +€4,130 | +362.4% |
| Other amounts receivable | 41 | €1,233 | €2,878 | +€1,646 | +133.5% |
| Cash at bank and in hand | 54/58 | €200,561 | €152,920 | -€47,641 | -23.8% |
| Deferred charges and accrued income | 490/1 | €871 | €229 | -€642 | -73.7% |
| Total equity and liabilities | 10/49 | €339,094 | €319,425 | -€19,670 | -5.8% |
| Equity | 10/15 | €321,133 | €306,636 | -€14,497 | -4.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €194,934 | €194,934 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €188,734 | €188,734 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,199 | €49,702 | -€14,497 | -22.6% |
| Amounts payable | 17/49 | €17,961 | €12,788 | -€5,173 | -28.8% |
| Amounts payable within one year | 42/48 | €17,961 | €12,788 | -€5,173 | -28.8% |
| Current portion of amounts payable after more than one year | 42 | €9,305 | - | -€9,305 | |
| Trade debts | 44 | €494 | €3,625 | +€3,131 | +633.9% |
| Suppliers | 440/4 | €494 | €3,625 | +€3,131 | +633.9% |
| Taxes, remuneration and social security | 45 | €7,144 | €9,163 | +€2,020 | +28.3% |
| Taxes | 450/3 | €7,144 | €9,163 | +€2,020 | +28.3% |
| Other amounts payable | 47/48 | €1,018 | - | -€1,018 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,212 | €15,564 | +€6,353 | +69.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,139 | +€1,139 | |
| Other operating charges | 640/8 | €1,571 | €1,748 | +€177 | +11.2% |
| Gross operating margin | 9900 | €6,915 | €8,167 | +€1,252 | +18.1% |
| Operating profit (loss) | 9901 | -€3,868 | -€10,285 | -€6,417 | -165.9% |
| Financial income | 75/76B | €50 | €0 | -€50 | -100.0% |
| Recurring financial income | 75 | €50 | €0 | -€50 | -100.0% |
| Financial charges | 65/66B | €3,388 | €3,486 | +€99 | +2.9% |
| Recurring financial charges | 65 | €3,388 | €3,486 | +€99 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | -€7,206 | -€13,771 | -€6,566 | -91.1% |
| Income taxes | 67/77 | €277 | €726 | +€448 | +161.6% |
| Profit (loss) for the period | 9904 | -€7,483 | -€14,497 | -€7,014 | -93.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,483 | -€14,497 | -€7,014 | -93.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.