NIJST: 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.
NIJST
Largest movements
- Tangible fixed assets +€568,082
up €568,082 (+46.6%), from €1.2m to €1.8m
of which Land and buildings: +€568,082
- Cash -€293,289
down €293,289 (-97.8%), from €299,900 to €6,611
mainly Investment in fixed assets (net) (-€618,517) and Debts after one year (-€52,576)
- Other debts +€345,409
up €345,409 (+45.1%), from €766,450 to €1.1m
- Debts after one year -€52,576
down €52,576 (-10.8%), from €485,206 to €432,629
- Advances received -€21,226
down €21,226 (-59.6%), from €35,609 to €14,383
- Depreciation +€13,551
up €13,551 (+36.7%), from €36,883 to €50,434
- Gross operating margin +€10,475
up €10,475 (+10.4%), from €100,625 to €111,100
- Financial charges -€3,553
down €3,553 (-26.7%), from €13,287 to €9,734
- Financial income +€2,557
new in 2024: €2,557
- Staff costs +€1,778
up €1,778 (+5.0%), from €35,642 to €37,420
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,573,393 | €1,853,376 | +€279,983 | +17.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,218,951 | €1,787,033 | +€568,082 | +46.6% |
| Tangible fixed assets | 22/27 | €1,218,951 | €1,787,033 | +€568,082 | +46.6% |
| Land and buildings | 22 | €1,218,951 | €1,787,033 | +€568,082 | +46.6% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Current assets | 29/58 | €354,442 | €66,342 | -€288,100 | -81.3% |
| Amounts receivable within one year | 40/41 | €52,396 | €57,486 | +€5,090 | +9.7% |
| Trade receivables | 40 | €26,500 | €32,400 | +€5,900 | +22.3% |
| Other amounts receivable | 41 | €25,896 | €25,086 | -€810 | -3.1% |
| Cash at bank and in hand | 54/58 | €299,900 | €6,611 | -€293,289 | -97.8% |
| Deferred charges and accrued income | 490/1 | €2,146 | €2,245 | +€99 | +4.6% |
| Total equity and liabilities | 10/49 | €1,573,393 | €1,853,376 | +€279,983 | +17.8% |
| Equity | 10/15 | €229,473 | €233,312 | +€3,838 | +1.7% |
| Contributions | 10/11 | €61,613 | €61,613 | = | 0.0% |
| Capital | 10 | €61,613 | €61,613 | = | 0.0% |
| Issued capital | 100 | €61,613 | €61,613 | = | 0.0% |
| Reserves | 13 | €167,860 | €171,698 | +€3,838 | +2.3% |
| Non-distributable reserves | 130/1 | €6,161 | €6,161 | = | 0.0% |
| Legal reserve | 130 | €6,161 | €6,161 | = | 0.0% |
| Distributable reserves | 133 | €161,699 | €165,537 | +€3,838 | +2.4% |
| Amounts payable | 17/49 | €1,343,920 | €1,620,064 | +€276,144 | +20.5% |
| Amounts payable after more than one year | 17 | €485,206 | €432,629 | -€52,576 | -10.8% |
| Financial debts | 170/4 | €485,206 | €432,629 | -€52,576 | -10.8% |
| Amounts payable within one year | 42/48 | €855,148 | €1,179,594 | +€324,446 | +37.9% |
| Current portion of amounts payable after more than one year | 42 | €51,595 | €52,576 | +€981 | +1.9% |
| Trade debts | 44 | €111 | - | -€111 | |
| Suppliers | 440/4 | €111 | - | -€111 | |
| Advances received on contracts in progress | 46 | €35,609 | €14,383 | -€21,226 | -59.6% |
| Taxes, remuneration and social security | 45 | €1,383 | €775 | -€608 | -43.9% |
| Taxes | 450/3 | €0 | €775 | +€775 | |
| Remuneration and social security | 454/9 | €1,383 | - | -€1,383 | |
| Other amounts payable | 47/48 | €766,450 | €1,111,859 | +€345,409 | +45.1% |
| Accrued charges and deferred income | 492/3 | €3,567 | €7,841 | +€4,275 | +119.9% |
| Remuneration, social security and pensions | 62 | €35,642 | €37,420 | +€1,778 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,883 | €50,434 | +€13,551 | +36.7% |
| Other operating charges | 640/8 | €9,452 | €10,688 | +€1,236 | +13.1% |
| Gross operating margin | 9900 | €100,625 | €111,100 | +€10,475 | +10.4% |
| Operating profit (loss) | 9901 | €18,648 | €12,557 | -€6,091 | -32.7% |
| Financial income | 75/76B | - | €2,557 | +€2,557 | |
| Recurring financial income | 75 | - | €2,557 | +€2,557 | |
| Financial charges | 65/66B | €13,287 | €9,734 | -€3,553 | -26.7% |
| Recurring financial charges | 65 | €13,287 | €9,734 | -€3,553 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | €5,361 | €5,381 | +€19 | +0.4% |
| Income taxes | 67/77 | €1,508 | €1,542 | +€35 | +2.3% |
| Profit (loss) for the period | 9904 | €3,854 | €3,838 | -€15 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,854 | €3,838 | -€15 | -0.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.