NIJS PATRICK: 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 PATRICK
Largest movements
- Cash -€38,810
down €38,810 (-36.1%), from €107,510 to €68,700
mainly Investment in fixed assets (net) (-€44,649) and Receivables within one year (-€19,132)
- Tangible fixed assets +€30,857
up €30,857 (+92.9%), from €33,226 to €64,083
of which Furniture and vehicles: +€34,548
- Receivables within one year +€19,132
up €19,132 (+187.0%), from €10,231 to €29,364
of which Trade receivables: +€10,538
- Stocks and contracts +€6,652
new in 2025: €6,652
- Deferred charges and accrued income -€5,500
no longer reported in 2025 (was €5,500)
- Reserves +€13,626
up €13,626 (+13.1%), from €104,219 to €117,846
- Debts after one year -€5,060
down €5,060 (-24.6%), from €20,564 to €15,504
- Trade debts +€4,992
up €4,992 (+61.8%), from €8,081 to €13,073
- Other debts -€2,937
down €2,937 (-54.9%), from €5,347 to €2,410
- Depreciation +€12,305
up €12,305 (+827.2%), from €1,487 to €13,792
- Taxes -€3,043
down €3,043 (-35.9%), from €8,487 to €5,444
- Gross operating margin +€730
up €730 (+2.1%), from €35,331 to €36,061
- Financial charges +€683
up €683 (+92.8%), from €736 to €1,419
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 | €156,467 | €168,798 | +€12,331 | +7.9% |
| Fixed assets | 21/28 | €33,226 | €64,083 | +€30,857 | +92.9% |
| Tangible fixed assets | 22/27 | €33,226 | €64,083 | +€30,857 | +92.9% |
| Plant, machinery and equipment | 23 | €1,418 | €4,273 | +€2,855 | +201.3% |
| Furniture and vehicles | 24 | €99 | €34,647 | +€34,548 | +34749.5% |
| Leasing and similar rights | 25 | €31,708 | €25,162 | -€6,545 | -20.6% |
| Current assets | 29/58 | €123,241 | €104,715 | -€18,526 | -15.0% |
| Stocks and contracts in progress | 3 | - | €6,652 | +€6,652 | |
| Stocks | 30/36 | - | €6,652 | +€6,652 | |
| Amounts receivable within one year | 40/41 | €10,231 | €29,364 | +€19,132 | +187.0% |
| Trade receivables | 40 | - | €10,538 | +€10,538 | |
| Other amounts receivable | 41 | €10,231 | €18,826 | +€8,595 | +84.0% |
| Cash at bank and in hand | 54/58 | €107,510 | €68,700 | -€38,810 | -36.1% |
| Deferred charges and accrued income | 490/1 | €5,500 | - | -€5,500 | |
| Total equity and liabilities | 10/49 | €156,467 | €168,798 | +€12,331 | +7.9% |
| Equity | 10/15 | €116,619 | €130,246 | +€13,626 | +11.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €104,219 | €117,846 | +€13,626 | +13.1% |
| Distributable reserves | 133 | €104,219 | €117,846 | +€13,626 | +13.1% |
| Amounts payable | 17/49 | €39,848 | €38,552 | -€1,295 | -3.3% |
| Amounts payable after more than one year | 17 | €20,564 | €15,504 | -€5,060 | -24.6% |
| Financial debts | 170/4 | €20,564 | €15,504 | -€5,060 | -24.6% |
| Amounts payable within one year | 42/48 | €18,729 | €20,952 | +€2,223 | +11.9% |
| Current portion of amounts payable after more than one year | 42 | €4,859 | €5,060 | +€201 | +4.1% |
| Financial debts | 43 | €308 | €275 | -€34 | -11.0% |
| Other loans | 439 | €308 | €275 | -€34 | -11.0% |
| Trade debts | 44 | €8,081 | €13,073 | +€4,992 | +61.8% |
| Suppliers | 440/4 | €8,081 | €13,073 | +€4,992 | +61.8% |
| Taxes, remuneration and social security | 45 | €135 | €135 | = | 0.0% |
| Taxes | 450/3 | €135 | €135 | = | 0.0% |
| Other amounts payable | 47/48 | €5,347 | €2,410 | -€2,937 | -54.9% |
| Accrued charges and deferred income | 492/3 | €554 | €2,096 | +€1,542 | +278.3% |
| Non-recurring operating income | 76A | €1,500 | - | -€1,500 | |
| Remuneration, social security and pensions | 62 | €519 | €763 | +€244 | +47.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,487 | €13,792 | +€12,305 | +827.2% |
| Other operating charges | 640/8 | €1,172 | €1,411 | +€239 | +20.4% |
| Gross operating margin | 9900 | €35,331 | €36,061 | +€730 | +2.1% |
| Operating profit (loss) | 9901 | €32,152 | €20,095 | -€12,057 | -37.5% |
| Financial income | 75/76B | €469 | €395 | -€73 | -15.6% |
| Recurring financial income | 75 | €469 | €395 | -€73 | -15.6% |
| Financial charges | 65/66B | €736 | €1,419 | +€683 | +92.8% |
| Recurring financial charges | 65 | €736 | €1,419 | +€683 | +92.8% |
| Profit (loss) for the period before taxes | 9903 | €31,884 | €19,071 | -€12,814 | -40.2% |
| Income taxes | 67/77 | €8,487 | €5,444 | -€3,043 | -35.9% |
| Profit (loss) for the period | 9904 | €23,397 | €13,626 | -€9,771 | -41.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,397 | €13,626 | -€9,771 | -41.8% |
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 3 October 2026 via checked.be.