NIJVERHEID 112: what changed
NIJVERHEID 112
Largest movements
- Tangible fixed assets -€31,808
down €31,808 (-12.4%), from €256,343 to €224,534
of which Land and buildings: -€33,139
- Receivables within one year +€7,634
up €7,634 (+1,339%), from €570 to €8,204
of which Other amounts receivable: +€8,204
- Cash -€2,852
no longer reported in 2025 (was €2,852)
mainly Debts after one year (-€17,920) and Other debts (-€10,870)
- Debts after one year -€17,920
down €17,920 (-8.1%), from €222,322 to €204,403
- Other debts -€10,870
no longer reported in 2025 (was €10,870)
- Trade debts +€3,271
up €3,271 (+114%), from €2,865 to €6,136
- Tax, wage and social debts -€2,746
down €2,746 (-51.6%), from €5,323 to €2,577
- Gross operating margin -€12,882
down €12,882 (-22.4%), from €57,627 to €44,745
- Financial charges +€1,124
up €1,124 (+17.3%), from €6,479 to €7,603
- Other operating charges -€689
down €689 (-21.0%), from €3,284 to €2,595
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €262,275 | €234,756 | -€27,519 | -10.5% |
| Fixed assets | 21/28 | €256,343 | €224,534 | -€31,808 | -12.4% |
| Tangible fixed assets | 22/27 | €256,343 | €224,534 | -€31,808 | -12.4% |
| Land and buildings | 22 | €253,556 | €220,417 | -€33,139 | -13.1% |
| Plant, machinery and equipment | 23 | - | €964 | +€964 | |
| Furniture and vehicles | 24 | €2,787 | €3,154 | +€367 | +13.2% |
| Current assets | 29/58 | €5,932 | €10,221 | +€4,289 | +72.3% |
| Amounts receivable within one year | 40/41 | €570 | €8,204 | +€7,634 | +1,339% |
| Trade receivables | 40 | €570 | - | -€570 | |
| Other amounts receivable | 41 | - | €8,204 | +€8,204 | |
| Cash at bank and in hand | 54/58 | €2,852 | - | -€2,852 | |
| Deferred charges and accrued income | 490/1 | €2,510 | €2,017 | -€492 | -19.6% |
| Total equity and liabilities | 10/49 | €262,275 | €234,756 | -€27,519 | -10.5% |
| Equity | 10/15 | €1,983 | €1,140 | -€843 | -42.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,617 | -€17,460 | -€843 | -5.1% |
| Amounts payable | 17/49 | €260,292 | €233,615 | -€26,677 | -10.2% |
| Amounts payable after more than one year | 17 | €222,322 | €204,403 | -€17,920 | -8.1% |
| Financial debts | 170/4 | €222,322 | €204,403 | -€17,920 | -8.1% |
| Amounts payable within one year | 42/48 | €37,970 | €28,728 | -€9,241 | -24.3% |
| Current portion of amounts payable after more than one year | 42 | €18,911 | €19,393 | +€482 | +2.5% |
| Financial debts | 43 | - | €622 | +€622 | |
| Credit institutions | 430/8 | - | €622 | +€622 | |
| Trade debts | 44 | €2,865 | €6,136 | +€3,271 | +114% |
| Suppliers | 440/4 | €2,865 | €6,136 | +€3,271 | +114% |
| Taxes, remuneration and social security | 45 | €5,323 | €2,577 | -€2,746 | -51.6% |
| Taxes | 450/3 | €5,323 | €2,577 | -€2,746 | -51.6% |
| Other amounts payable | 47/48 | €10,870 | - | -€10,870 | |
| Accrued charges and deferred income | 492/3 | - | €484 | +€484 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,325 | €34,901 | +€576 | +1.7% |
| Other operating charges | 640/8 | €3,284 | €2,595 | -€689 | -21.0% |
| Gross operating margin | 9900 | €57,627 | €44,745 | -€12,882 | -22.4% |
| Operating profit (loss) | 9901 | €20,017 | €7,248 | -€12,769 | -63.8% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €6,479 | €7,603 | +€1,124 | +17.3% |
| Recurring financial charges | 65 | €6,479 | €7,603 | +€1,124 | +17.3% |
| Profit (loss) for the period before taxes | 9903 | €13,539 | -€354 | -€13,894 | |
| Income taxes | 67/77 | - | €488 | +€488 | |
| Profit (loss) for the period | 9904 | €13,539 | -€843 | -€14,382 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,539 | -€843 | -€14,382 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.