NIJS PIPING: what changed
Two financial 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 PIPING
Largest movements
- Tangible fixed assets -€519,168
no longer reported in 2025 (was €519,168)
of which Land and buildings: -€388,334
- Current investments -€500,087
no longer reported in 2025 (was €500,087)
- Cash -€440,050
no longer reported in 2025 (was €440,050)
- Receivables within one year -€337,428
no longer reported in 2025 (was €337,428)
of which Trade receivables: -€322,633
- Stocks and contracts -€134,418
no longer reported in 2025 (was €134,418)
of which Contracts in progress: -€99,278
- Reserves -€1.0m
no longer reported in 2025 (was €1.0m)
- Contributions -€348,500
no longer reported in 2025 (was €348,500)
- Debts after one year -€298,838
no longer reported in 2025 (was €298,838)
- Tax, wage and social debts -€108,990
no longer reported in 2025 (was €108,990)
of which Taxes: -€70,797
- Trade debts -€87,608
no longer reported in 2025 (was €87,608)
- Gross operating margin -€740,919
no longer reported in 2025 (was €740,919)
- Staff costs -€368,643
no longer reported in 2025 (was €368,643)
- Depreciation -€117,951
no longer reported in 2025 (was €117,951)
- Taxes -€74,619
no longer reported in 2025 (was €74,619)
- Other operating charges -€8,475
no longer reported in 2025 (was €8,475)
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Derived cash bridge
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
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,931,837 | - | -€1.9m | |
| Fixed assets | 21/28 | €519,168 | - | -€519,168 | |
| Tangible fixed assets | 22/27 | €519,168 | - | -€519,168 | |
| Land and buildings | 22 | €388,334 | - | -€388,334 | |
| Plant, machinery and equipment | 23 | €35,129 | - | -€35,129 | |
| Furniture and vehicles | 24 | €84,515 | - | -€84,515 | |
| Assets under construction and advance payments | 27 | €11,190 | - | -€11,190 | |
| Current assets | 29/58 | €1,412,669 | - | -€1.4m | |
| Stocks and contracts in progress | 3 | €134,418 | - | -€134,418 | |
| Stocks | 30/36 | €35,140 | - | -€35,140 | |
| Contracts in progress | 37 | €99,278 | - | -€99,278 | |
| Amounts receivable within one year | 40/41 | €337,428 | - | -€337,428 | |
| Trade receivables | 40 | €322,633 | - | -€322,633 | |
| Other amounts receivable | 41 | €14,795 | - | -€14,795 | |
| Current investments | 50/53 | €500,087 | - | -€500,087 | |
| Cash at bank and in hand | 54/58 | €440,050 | - | -€440,050 | |
| Deferred charges and accrued income | 490/1 | €686 | - | -€686 | |
| Total equity and liabilities | 10/49 | €1,931,837 | - | -€1.9m | |
| Equity | 10/15 | €1,355,239 | - | -€1.4m | |
| Contributions | 10/11 | €348,500 | - | -€348,500 | |
| Reserves | 13 | €1,005,250 | - | -€1.0m | |
| Distributable reserves | 133 | €1,005,250 | - | -€1.0m | |
| Profit (loss) carried forward | 14 | €1,489 | - | -€1,489 | |
| Amounts payable | 17/49 | €576,598 | - | -€576,598 | |
| Amounts payable after more than one year | 17 | €298,838 | - | -€298,838 | |
| Financial debts | 170/4 | €298,838 | - | -€298,838 | |
| Amounts payable within one year | 42/48 | €277,760 | - | -€277,760 | |
| Current portion of amounts payable after more than one year | 42 | €69,517 | - | -€69,517 | |
| Trade debts | 44 | €87,608 | - | -€87,608 | |
| Suppliers | 440/4 | €87,608 | - | -€87,608 | |
| Advances received on contracts in progress | 46 | €11,497 | - | -€11,497 | |
| Taxes, remuneration and social security | 45 | €108,990 | - | -€108,990 | |
| Taxes | 450/3 | €70,797 | - | -€70,797 | |
| Remuneration and social security | 454/9 | €38,193 | - | -€38,193 | |
| Other amounts payable | 47/48 | €148 | - | -€148 | |
| Remuneration, social security and pensions | 62 | €368,643 | - | -€368,643 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €117,951 | - | -€117,951 | |
| Other operating charges | 640/8 | €8,475 | - | -€8,475 | |
| Gross operating margin | 9900 | €740,919 | - | -€740,919 | |
| Operating profit (loss) | 9901 | €245,850 | - | -€245,850 | |
| Financial income | 75/76B | €4,957 | - | -€4,957 | |
| Recurring financial income | 75 | €4,957 | - | -€4,957 | |
| Financial charges | 65/66B | €8,068 | - | -€8,068 | |
| Recurring financial charges | 65 | €8,068 | - | -€8,068 | |
| Profit (loss) for the period before taxes | 9903 | €242,739 | - | -€242,739 | |
| Income taxes | 67/77 | €74,619 | - | -€74,619 | |
| Profit (loss) for the period | 9904 | €168,120 | - | -€168,120 | |
| Profit (loss) for the period to be appropriated | 9905 | €168,120 | - | -€168,120 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.