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
- Tangible fixed assets -€4,355
down €4,355 (-15.0%), from €29,121 to €24,766
of which Land and buildings: -€2,228
- Cash +€3,469
up €3,469 (+6.6%), from €52,237 to €55,706
mainly Depreciation (+€5,277) and Trade debts (+€2,328)
- Current portion of long-term debt -€3,203
no longer reported in 2025 (was €3,203)
- Trade debts +€2,328
up €2,328 (+51.8%), from €4,493 to €6,821
- Reserves -€1,291
down €1,291 (-2.1%), from €61,140 to €59,849
of which Distributable reserves: -€1,291
- Staff costs +€5,535
up €5,535 (+40.5%), from €13,675 to €19,210
- Gross operating margin -€3,198
down €3,198 (-8.7%), from €36,641 to €33,444
- Taxes -€1,969
no longer reported in 2025 (was €1,969)
- Depreciation -€1,144
down €1,144 (-17.8%), from €6,421 to €5,277
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 | €89,220 | €88,137 | -€1,083 | -1.2% |
| Fixed assets | 21/28 | €29,121 | €24,766 | -€4,355 | -15.0% |
| Tangible fixed assets | 22/27 | €29,121 | €24,766 | -€4,355 | -15.0% |
| Land and buildings | 22 | €20,504 | €18,276 | -€2,228 | -10.9% |
| Plant, machinery and equipment | 23 | €2 | €0 | -€2 | -100.0% |
| Furniture and vehicles | 24 | €8,615 | €6,490 | -€2,125 | -24.7% |
| Current assets | 29/58 | €60,099 | €63,371 | +€3,272 | +5.4% |
| Stocks and contracts in progress | 3 | €2,786 | €3,099 | +€313 | +11.2% |
| Stocks | 30/36 | €2,786 | €3,099 | +€313 | +11.2% |
| Amounts receivable within one year | 40/41 | €1,898 | €1,092 | -€806 | -42.5% |
| Other amounts receivable | 41 | €1,898 | €1,092 | -€806 | -42.5% |
| Cash at bank and in hand | 54/58 | €52,237 | €55,706 | +€3,469 | +6.6% |
| Deferred charges and accrued income | 490/1 | €3,178 | €3,473 | +€295 | +9.3% |
| Total equity and liabilities | 10/49 | €89,220 | €88,137 | -€1,083 | -1.2% |
| Equity | 10/15 | €73,540 | €72,249 | -€1,291 | -1.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €61,140 | €59,849 | -€1,291 | -2.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €59,280 | €57,989 | -€1,291 | -2.2% |
| Amounts payable | 17/49 | €15,680 | €15,887 | +€207 | +1.3% |
| Amounts payable within one year | 42/48 | €15,680 | €15,887 | +€207 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €3,203 | - | -€3,203 | |
| Trade debts | 44 | €4,493 | €6,821 | +€2,328 | +51.8% |
| Suppliers | 440/4 | €4,493 | €6,821 | +€2,328 | +51.8% |
| Taxes, remuneration and social security | 45 | €5,121 | €5,484 | +€363 | +7.1% |
| Taxes | 450/3 | €2,449 | €2,285 | -€164 | -6.7% |
| Remuneration and social security | 454/9 | €2,672 | €3,199 | +€526 | +19.7% |
| Other amounts payable | 47/48 | €2,863 | €3,583 | +€720 | +25.2% |
| Remuneration, social security and pensions | 62 | €13,675 | €19,210 | +€5,535 | +40.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,421 | €5,277 | -€1,144 | -17.8% |
| Other operating charges | 640/8 | €10,261 | €10,040 | -€221 | -2.2% |
| Gross operating margin | 9900 | €36,641 | €33,444 | -€3,198 | -8.7% |
| Operating profit (loss) | 9901 | €6,283 | -€1,084 | -€7,367 | |
| Financial income | 75/76B | €163 | €102 | -€62 | -37.7% |
| Recurring financial income | 75 | €163 | €102 | -€62 | -37.7% |
| Financial charges | 65/66B | €288 | €309 | +€21 | +7.2% |
| Recurring financial charges | 65 | €288 | €309 | +€21 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €6,159 | -€1,291 | -€7,449 | |
| Income taxes | 67/77 | €1,969 | - | -€1,969 | |
| Profit (loss) for the period | 9904 | €4,190 | -€1,291 | -€5,480 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,190 | -€1,291 | -€5,480 |
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 6 October 2026 via checked.be.