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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.

What changed

NIJS

BE 0446.980.849
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€29,009
2024 · €42,315-€13,307
Equity
€211,322
2024 · €182,313+€29,009
Cash
-
not filed
Balance sheet total
€412,057
2024 · €401,163+€10,894

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€22,896

    up €22,896 (+44.5%), from €51,492 to €74,388

    of which Other amounts receivable: +€22,996

  • Tangible fixed assets -€17,193

    down €17,193 (-6.9%), from €250,100 to €232,907

    of which Land and buildings: -€13,147

Equity and liabilities
  • Reserves +€29,000

    up €29,000 (+17.9%), from €162,359 to €191,359

    of which Non-distributable reserves: +€29,000

  • Debts after one year -€21,117

    down €21,117 (-15.4%), from €136,960 to €115,843

  • Tax, wage and social debts +€6,047

    up €6,047 (+22.4%), from €26,945 to €32,992

Income statement
  • Gross operating margin -€26,475

    down €26,475 (-31.2%), from €84,946 to €58,472

  • Taxes -€9,353

    down €9,353 (-44.7%), from €20,914 to €11,562

  • Financial charges -€1,741

    down €1,741 (-26.4%), from €6,587 to €4,846

  • Financial income +€1,617

    up €1,617 (+28.5%), from €5,684 to €7,301

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €42,315
Gross operating margin -€26,475
Depreciation +€412
Other operating charges +€45
Financial income +€1,617
Financial charges +€1,741
Taxes +€9,353
Result 2025 €29,009

Cash bridge derived

cash 2024 to 2025

Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.

Every line side by side 43 lines
Line Code 2024 2025 Change %
Total assets 20/58 €401,163 €412,057 +€10,894 +2.7%
Fixed assets 21/28 €349,671 €336,461 -€13,210 -3.8%
Tangible fixed assets 22/27 €250,100 €232,907 -€17,193 -6.9%
Land and buildings 22 €235,144 €221,996 -€13,147 -5.6%
Plant, machinery and equipment 23 €14,594 €10,639 -€3,955 -27.1%
Furniture and vehicles 24 €362 €272 -€90 -25.0%
Financial fixed assets 28 €99,571 €103,554 +€3,983 +4.0%
Current assets 29/58 €51,492 €75,596 +€24,104 +46.8%
Amounts receivable within one year 40/41 €51,492 €74,388 +€22,896 +44.5%
Trade receivables 40 €100 - -€100
Other amounts receivable 41 €51,392 €74,388 +€22,996 +44.7%
Deferred charges and accrued income 490/1 - €1,208 +€1,208
Total equity and liabilities 10/49 €401,163 €412,057 +€10,894 +2.7%
Equity 10/15 €182,313 €211,322 +€29,009 +15.9%
Contributions 10/11 €18,592 €18,592 = 0.0%
Reserves 13 €162,359 €191,359 +€29,000 +17.9%
Non-distributable reserves 130/1 €108,359 €137,359 +€29,000 +26.8%
Reserves not available under the articles 1311 €108,359 €137,359 +€29,000 +26.8%
Distributable reserves 133 €54,000 €54,000 = 0.0%
Profit (loss) carried forward 14 €1,362 €1,371 +€9 +0.6%
Amounts payable 17/49 €218,849 €200,735 -€18,115 -8.3%
Amounts payable after more than one year 17 €136,960 €115,843 -€21,117 -15.4%
Financial debts 170/4 €136,960 €115,843 -€21,117 -15.4%
Amounts payable within one year 42/48 €81,890 €84,892 +€3,002 +3.7%
Current portion of amounts payable after more than one year 42 €22,579 €23,879 +€1,300 +5.8%
Financial debts 43 €5,125 €4,894 -€230 -4.5%
Credit institutions 430/8 €5,125 €4,894 -€230 -4.5%
Trade debts 44 €27,241 €23,127 -€4,114 -15.1%
Suppliers 440/4 €27,241 €23,127 -€4,114 -15.1%
Taxes, remuneration and social security 45 €26,945 €32,992 +€6,047 +22.4%
Taxes 450/3 €26,945 €32,992 +€6,047 +22.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €18,974 €18,562 -€412 -2.2%
Other operating charges 640/8 €1,839 €1,794 -€45 -2.4%
Gross operating margin 9900 €84,946 €58,472 -€26,475 -31.2%
Operating profit (loss) 9901 €64,133 €38,115 -€26,018 -40.6%
Financial income 75/76B €5,684 €7,301 +€1,617 +28.5%
Recurring financial income 75 €5,684 €7,301 +€1,617 +28.5%
Financial charges 65/66B €6,587 €4,846 -€1,741 -26.4%
Recurring financial charges 65 €6,587 €4,846 -€1,741 -26.4%
Profit (loss) for the period before taxes 9903 €63,230 €40,571 -€22,659 -35.8%
Income taxes 67/77 €20,914 €11,562 -€9,353 -44.7%
Profit (loss) for the period 9904 €42,315 €29,009 -€13,307 -31.4%
Profit (loss) for the period to be appropriated 9905 €42,315 €29,009 -€13,307 -31.4%

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 29 September 2026 via checked.be.