NILA: 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.
NILA
Largest movements
- Cash +€86,334
up €86,334 (+86.8%), from €99,484 to €185,817
mainly Net result for the year (+€73,717) and Depreciation (+€56,589)
- Tangible fixed assets -€56,589
down €56,589 (-6.2%), from €909,168 to €852,578
of which Land and buildings: -€40,125
- Receivables within one year +€11,362
up €11,362 (+335%), from €3,395 to €14,758
- Reserves +€73,717
up €73,717 (+21.8%), from €338,635 to €412,352
of which Distributable reserves: +€73,717
- Debts after one year -€62,554
down €62,554 (-12.1%), from €517,507 to €454,953
- Trade debts +€25,369
up €25,369 (+106%), from €23,958 to €49,328
- Other operating charges -€39,661
down €39,661 (-69.7%), from €56,929 to €17,269
- Taxes +€11,289
up €11,289 (+46.4%), from €24,343 to €35,632
- Gross operating margin +€5,321
up €5,321 (+2.3%), from €227,008 to €232,329
- Depreciation +€5,216
up €5,216 (+10.2%), from €51,374 to €56,589
- Staff costs +€3,172
up €3,172 (+11.0%), from €28,736 to €31,908
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.
Derived cash bridge
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 | €1,013,180 | €1,053,638 | +€40,458 | +4.0% |
| Fixed assets | 21/28 | €909,168 | €852,578 | -€56,589 | -6.2% |
| Tangible fixed assets | 22/27 | €909,168 | €852,578 | -€56,589 | -6.2% |
| Land and buildings | 22 | €862,009 | €821,885 | -€40,125 | -4.7% |
| Plant, machinery and equipment | 23 | €4,943 | €2,896 | -€2,047 | -41.4% |
| Furniture and vehicles | 24 | €42,216 | €27,798 | -€14,418 | -34.2% |
| Current assets | 29/58 | €104,012 | €201,059 | +€97,047 | +93.3% |
| Amounts receivable within one year | 40/41 | €3,395 | €14,758 | +€11,362 | +335% |
| Other amounts receivable | 41 | €3,395 | €14,758 | +€11,362 | +335% |
| Cash at bank and in hand | 54/58 | €99,484 | €185,817 | +€86,334 | +86.8% |
| Deferred charges and accrued income | 490/1 | €1,133 | €484 | -€649 | -57.3% |
| Total equity and liabilities | 10/49 | €1,013,180 | €1,053,638 | +€40,458 | +4.0% |
| Equity | 10/15 | €357,235 | €430,952 | +€73,717 | +20.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €338,635 | €412,352 | +€73,717 | +21.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €336,775 | €410,492 | +€73,717 | +21.9% |
| Amounts payable | 17/49 | €655,944 | €622,685 | -€33,259 | -5.1% |
| Amounts payable after more than one year | 17 | €517,507 | €454,953 | -€62,554 | -12.1% |
| Financial debts | 170/4 | €517,507 | €454,953 | -€62,554 | -12.1% |
| Amounts payable within one year | 42/48 | €138,437 | €167,732 | +€29,295 | +21.2% |
| Current portion of amounts payable after more than one year | 42 | €61,125 | €62,854 | +€1,729 | +2.8% |
| Trade debts | 44 | €23,958 | €49,328 | +€25,369 | +106% |
| Suppliers | 440/4 | €23,958 | €49,328 | +€25,369 | +106% |
| Taxes, remuneration and social security | 45 | €15,128 | €13,209 | -€1,919 | -12.7% |
| Taxes | 450/3 | €12,511 | €10,286 | -€2,226 | -17.8% |
| Remuneration and social security | 454/9 | €2,617 | €2,924 | +€307 | +11.7% |
| Other amounts payable | 47/48 | €38,226 | €42,341 | +€4,115 | +10.8% |
| Remuneration, social security and pensions | 62 | €28,736 | €31,908 | +€3,172 | +11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,374 | €56,589 | +€5,216 | +10.2% |
| Other operating charges | 640/8 | €56,929 | €17,269 | -€39,661 | -69.7% |
| Gross operating margin | 9900 | €227,008 | €232,329 | +€5,321 | +2.3% |
| Operating profit (loss) | 9901 | €89,969 | €126,563 | +€36,593 | +40.7% |
| Financial income | 75/76B | €654 | €1,681 | +€1,027 | +157% |
| Recurring financial income | 75 | €654 | €1,681 | +€1,027 | +157% |
| Financial charges | 65/66B | €16,156 | €18,894 | +€2,739 | +17.0% |
| Recurring financial charges | 65 | €16,156 | €18,894 | +€2,739 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | €74,467 | €109,349 | +€34,882 | +46.8% |
| Income taxes | 67/77 | €24,343 | €35,632 | +€11,289 | +46.4% |
| Profit (loss) for the period | 9904 | €50,124 | €73,717 | +€23,593 | +47.1% |
| Profit (loss) for the period to be appropriated | 9905 | €50,124 | €73,717 | +€23,593 | +47.1% |
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 26 October 2026 via checked.be.