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
- Cash +€757,412
up €757,412 (+68.2%), from €1.1m to €1.9m
mainly Receivables within one year (+€736,542) and Net result for the year (+€624,091)
- Receivables within one year -€736,542
down €736,542 (-27.5%), from €2.7m to €1.9m
of which Trade receivables: -€858,386
- Tangible fixed assets -€297,923
down €297,923 (-27.9%), from €1.1m to €770,753
of which Leasing and similar rights: -€227,067
- Stocks and contracts -€65,085
down €65,085 (-6.9%), from €943,529 to €878,443
of which Stocks: -€45,123
- Trade debts -€246,117
down €246,117 (-16.6%), from €1.5m to €1.2m
- Debts after one year -€240,454
down €240,454 (-34.0%), from €707,666 to €467,212
- Reserves +€112,953
up €112,953 (+3.5%), from €3.2m to €3.3m
- Tax, wage and social debts +€99,735
up €99,735 (+117.9%), from €84,592 to €184,327
of which Taxes: +€103,524
- Gross operating margin +€180,011
up €180,011 (+9.0%), from €2.0m to €2.2m
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 | €5,847,556 | €5,495,037 | -€352,518 | -6.0% |
| Fixed assets | 21/28 | €1,077,398 | €777,475 | -€299,923 | -27.8% |
| Intangible fixed assets | 21 | €5,641 | €3,641 | -€2,000 | -35.5% |
| Tangible fixed assets | 22/27 | €1,068,677 | €770,753 | -€297,923 | -27.9% |
| Plant, machinery and equipment | 23 | €225,771 | €212,473 | -€13,298 | -5.9% |
| Furniture and vehicles | 24 | €168,295 | €110,737 | -€57,558 | -34.2% |
| Leasing and similar rights | 25 | €674,611 | €447,544 | -€227,067 | -33.7% |
| Financial fixed assets | 28 | €3,080 | €3,080 | = | 0.0% |
| Current assets | 29/58 | €4,770,158 | €4,717,563 | -€52,595 | -1.1% |
| Stocks and contracts in progress | 3 | €943,529 | €878,443 | -€65,085 | -6.9% |
| Stocks | 30/36 | €400,905 | €355,782 | -€45,123 | -11.3% |
| Contracts in progress | 37 | €542,624 | €522,662 | -€19,962 | -3.7% |
| Amounts receivable within one year | 40/41 | €2,679,257 | €1,942,714 | -€736,542 | -27.5% |
| Trade receivables | 40 | €2,106,287 | €1,247,900 | -€858,386 | -40.8% |
| Other amounts receivable | 41 | €572,970 | €694,814 | +€121,844 | +21.3% |
| Cash at bank and in hand | 54/58 | €1,111,021 | €1,868,432 | +€757,412 | +68.2% |
| Deferred charges and accrued income | 490/1 | €36,352 | €27,973 | -€8,379 | -23.0% |
| Total equity and liabilities | 10/49 | €5,847,556 | €5,495,037 | -€352,518 | -6.0% |
| Equity | 10/15 | €3,210,484 | €3,323,437 | +€112,953 | +3.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,191,884 | €3,304,837 | +€112,953 | +3.5% |
| Distributable reserves | 133 | €3,191,884 | €3,304,837 | +€112,953 | +3.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,637,072 | €2,171,601 | -€465,471 | -17.7% |
| Amounts payable after more than one year | 17 | €707,666 | €467,212 | -€240,454 | -34.0% |
| Financial debts | 170/4 | €707,666 | €467,212 | -€240,454 | -34.0% |
| Amounts payable within one year | 42/48 | €1,929,406 | €1,704,388 | -€225,017 | -11.7% |
| Current portion of amounts payable after more than one year | 42 | €288,729 | €238,461 | -€50,268 | -17.4% |
| Trade debts | 44 | €1,478,632 | €1,232,514 | -€246,117 | -16.6% |
| Suppliers | 440/4 | €1,478,632 | €1,232,514 | -€246,117 | -16.6% |
| Taxes, remuneration and social security | 45 | €84,592 | €184,327 | +€99,735 | +117.9% |
| Taxes | 450/3 | €19,604 | €123,128 | +€103,524 | +528.1% |
| Remuneration and social security | 454/9 | €64,989 | €61,200 | -€3,789 | -5.8% |
| Other amounts payable | 47/48 | €77,453 | €49,086 | -€28,367 | -36.6% |
| Remuneration, social security and pensions | 62 | €904,944 | €913,192 | +€8,248 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €398,632 | €402,319 | +€3,687 | +0.9% |
| Other operating charges | 640/8 | €30,104 | €19,471 | -€10,632 | -35.3% |
| Gross operating margin | 9900 | €2,008,411 | €2,188,422 | +€180,011 | +9.0% |
| Operating profit (loss) | 9901 | €674,731 | €853,439 | +€178,708 | +26.5% |
| Financial income | 75/76B | €83 | €14 | -€68 | -82.8% |
| Recurring financial income | 75 | €83 | €14 | -€68 | -82.8% |
| Financial charges | 65/66B | €56,681 | €48,998 | -€7,683 | -13.6% |
| Recurring financial charges | 65 | €56,681 | €48,998 | -€7,683 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €618,132 | €804,455 | +€186,323 | +30.1% |
| Income taxes | 67/77 | €196,876 | €180,364 | -€16,512 | -8.4% |
| Profit (loss) for the period | 9904 | €421,256 | €624,091 | +€202,835 | +48.1% |
| Profit (loss) for the period to be appropriated | 9905 | €421,256 | €624,091 | +€202,835 | +48.1% |
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 2 October 2026 via checked.be.