NIJSEN: 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.
NIJSEN
Largest movements
- Cash +€364,719
up €364,719 (+35.2%), from €1.0m to €1.4m
mainly Receivables within one year (+€124,078) and Net result for the year (+€105,239)
- Receivables within one year -€124,078
down €124,078 (-61.9%), from €200,410 to €76,332
of which Trade receivables: -€129,586
- Current investments -€94,233
down €94,233 (-100.0%), from €94,233 to €0
- Reserves +€105,239
up €105,239 (+8.2%), from €1.3m to €1.4m
- Trade debts +€17,833
up €17,833 (+37.9%), from €47,047 to €64,880
- Gross operating margin -€98,301
down €98,301 (-35.5%), from €277,123 to €178,822
- Write-downs -€34,023
down €34,023 (-100.0%), from €34,023 to €0
- Financial income +€19,755
up €19,755 (+403.3%), from €4,898 to €24,654
- Taxes -€17,725
down €17,725 (-29.2%), from €60,659 to €42,934
- Financial charges +€16,862
up €16,862 (+2480.8%), from €680 to €17,541
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 | €1,362,526 | €1,501,300 | +€138,774 | +10.2% |
| Fixed assets | 21/28 | €30,265 | €22,381 | -€7,884 | -26.0% |
| Tangible fixed assets | 22/27 | €29,765 | €21,881 | -€7,884 | -26.5% |
| Plant, machinery and equipment | 23 | €1,618 | €8,163 | +€6,545 | +404.4% |
| Furniture and vehicles | 24 | €28,146 | €13,717 | -€14,429 | -51.3% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €1,332,261 | €1,478,919 | +€146,658 | +11.0% |
| Amounts receivable within one year | 40/41 | €200,410 | €76,332 | -€124,078 | -61.9% |
| Trade receivables | 40 | €173,523 | €43,937 | -€129,586 | -74.7% |
| Other amounts receivable | 41 | €26,887 | €32,395 | +€5,508 | +20.5% |
| Current investments | 50/53 | €94,233 | €0 | -€94,233 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,037,100 | €1,401,819 | +€364,719 | +35.2% |
| Deferred charges and accrued income | 490/1 | €518 | €768 | +€250 | +48.2% |
| Total equity and liabilities | 10/49 | €1,362,526 | €1,501,300 | +€138,774 | +10.2% |
| Equity | 10/15 | €1,303,867 | €1,409,107 | +€105,239 | +8.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,285,267 | €1,390,507 | +€105,239 | +8.2% |
| Distributable reserves | 133 | €1,285,267 | €1,390,507 | +€105,239 | +8.2% |
| Amounts payable | 17/49 | €58,659 | €92,193 | +€33,535 | +57.2% |
| Amounts payable within one year | 42/48 | €58,564 | €90,053 | +€31,489 | +53.8% |
| Trade debts | 44 | €47,047 | €64,880 | +€17,833 | +37.9% |
| Suppliers | 440/4 | €47,047 | €64,880 | +€17,833 | +37.9% |
| Taxes, remuneration and social security | 45 | €8,426 | €7,627 | -€799 | -9.5% |
| Taxes | 450/3 | €1,268 | €777 | -€491 | -38.7% |
| Remuneration and social security | 454/9 | €7,159 | €6,850 | -€308 | -4.3% |
| Other amounts payable | 47/48 | €3,091 | €17,546 | +€14,455 | +467.7% |
| Accrued charges and deferred income | 492/3 | €94 | €2,140 | +€2,046 | +2168.9% |
| Remuneration, social security and pensions | 62 | €26,379 | €19,751 | -€6,629 | -25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,243 | €15,735 | +€492 | +3.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €34,023 | €0 | -€34,023 | -100.0% |
| Other operating charges | 640/8 | €2,430 | €2,275 | -€155 | -6.4% |
| Gross operating margin | 9900 | €277,123 | €178,822 | -€98,301 | -35.5% |
| Operating profit (loss) | 9901 | €199,047 | €141,061 | -€57,986 | -29.1% |
| Financial income | 75/76B | €4,898 | €24,654 | +€19,755 | +403.3% |
| Recurring financial income | 75 | €4,898 | €24,654 | +€19,755 | +403.3% |
| Financial charges | 65/66B | €680 | €17,541 | +€16,862 | +2480.8% |
| Recurring financial charges | 65 | €680 | €17,541 | +€16,862 | +2480.8% |
| Profit (loss) for the period before taxes | 9903 | €203,266 | €148,174 | -€55,093 | -27.1% |
| Income taxes | 67/77 | €60,659 | €42,934 | -€17,725 | -29.2% |
| Profit (loss) for the period | 9904 | €142,607 | €105,239 | -€37,367 | -26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €142,607 | €105,239 | -€37,367 | -26.2% |
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.