NIJS: 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.
NIJS
Largest movements
- Receivables within one year +€22,021
up €22,021 (+325.0%), from €6,776 to €28,797
of which Trade receivables: +€22,224
- Cash -€21,739
down €21,739 (-46.4%), from €46,892 to €25,152
mainly Receivables within one year (-€22,021) and Tax, wage and social debts (-€22,017)
- Stocks and contracts -€16,273
down €16,273 (-17.8%), from €91,626 to €75,353
- Tangible fixed assets -€2,399
down €2,399 (-14.8%), from €16,174 to €13,775
of which Plant, machinery and equipment: -€7,044
- Tax, wage and social debts -€22,017
down €22,017 (-75.3%), from €29,257 to €7,240
of which Taxes: -€12,205
- Profit (loss) carried forward +€2,000
up €2,000 (+3.1%), from €64,792 to €66,792
- Trade debts +€1,901
up €1,901 (+163.3%), from €1,164 to €3,065
- Gross operating margin -€5,480
down €5,480 (-7.4%), from €74,522 to €69,042
- Other operating charges -€1,489
down €1,489 (-63.1%), from €2,361 to €872
- Financial charges +€1,481
up €1,481 (+94.7%), from €1,563 to €3,044
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 | €171,564 | €153,448 | -€18,116 | -10.6% |
| Fixed assets | 21/28 | €18,923 | €17,726 | -€1,197 | -6.3% |
| Intangible fixed assets | 21 | - | €1,202 | +€1,202 | |
| Tangible fixed assets | 22/27 | €16,174 | €13,775 | -€2,399 | -14.8% |
| Land and buildings | 22 | €4,524 | €4,524 | = | 0.0% |
| Plant, machinery and equipment | 23 | €10,480 | €3,436 | -€7,044 | -67.2% |
| Furniture and vehicles | 24 | €1,170 | €5,815 | +€4,645 | +397.1% |
| Financial fixed assets | 28 | €2,750 | €2,750 | = | 0.0% |
| Current assets | 29/58 | €152,640 | €135,722 | -€16,918 | -11.1% |
| Stocks and contracts in progress | 3 | €91,626 | €75,353 | -€16,273 | -17.8% |
| Stocks | 30/36 | €91,626 | €75,353 | -€16,273 | -17.8% |
| Amounts receivable within one year | 40/41 | €6,776 | €28,797 | +€22,021 | +325.0% |
| Trade receivables | 40 | €2,610 | €24,834 | +€22,224 | +851.6% |
| Other amounts receivable | 41 | €4,166 | €3,964 | -€203 | -4.9% |
| Cash at bank and in hand | 54/58 | €46,892 | €25,152 | -€21,739 | -46.4% |
| Deferred charges and accrued income | 490/1 | €7,346 | €6,419 | -€927 | -12.6% |
| Total equity and liabilities | 10/49 | €171,564 | €153,448 | -€18,116 | -10.6% |
| Equity | 10/15 | €141,143 | €143,143 | +€2,000 | +1.4% |
| Contributions | 10/11 | €69,410 | €69,410 | = | 0.0% |
| Capital | 10 | €69,410 | €69,410 | = | 0.0% |
| Issued capital | 100 | €69,410 | €69,410 | = | 0.0% |
| Reserves | 13 | €6,941 | €6,941 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,941 | €6,941 | = | 0.0% |
| Legal reserve | 130 | €6,941 | €6,941 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,792 | €66,792 | +€2,000 | +3.1% |
| Amounts payable | 17/49 | €30,421 | €10,305 | -€20,116 | -66.1% |
| Amounts payable within one year | 42/48 | €30,421 | €10,305 | -€20,116 | -66.1% |
| Trade debts | 44 | €1,164 | €3,065 | +€1,901 | +163.3% |
| Suppliers | 440/4 | €1,164 | €3,065 | +€1,901 | +163.3% |
| Taxes, remuneration and social security | 45 | €29,257 | €7,240 | -€22,017 | -75.3% |
| Taxes | 450/3 | €15,877 | €3,671 | -€12,205 | -76.9% |
| Remuneration and social security | 454/9 | €13,380 | €3,569 | -€9,811 | -73.3% |
| Remuneration, social security and pensions | 62 | €51,177 | €51,312 | +€136 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,964 | €11,813 | -€151 | -1.3% |
| Other operating charges | 640/8 | €2,361 | €872 | -€1,489 | -63.1% |
| Non-recurring operating charges | 66A | €8,801 | - | -€8,801 | |
| Gross operating margin | 9900 | €74,522 | €69,042 | -€5,480 | -7.4% |
| Operating profit (loss) | 9901 | €219 | €5,045 | +€4,826 | +2200.7% |
| Financial income | 75/76B | €290 | - | -€290 | |
| Recurring financial income | 75 | €290 | - | -€290 | |
| Financial charges | 65/66B | €1,563 | €3,044 | +€1,481 | +94.7% |
| Recurring financial charges | 65 | €1,563 | €3,044 | +€1,481 | +94.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,054 | €2,000 | +€3,054 | |
| Profit (loss) for the period | 9904 | -€1,054 | €2,000 | +€3,054 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,054 | €2,000 | +€3,054 |
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 5 October 2026 via checked.be.