NILE: 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.
NILE
Largest movements
- Receivables within one year -€8,022
down €8,022 (-58.5%), from €13,703 to €5,681
of which Trade receivables: -€13,703
- Deferred charges and accrued income -€1,922
down €1,922 (-100%), from €1,922 to €0
- Cash +€638
up €638 (+3.0%), from €21,219 to €21,857
mainly Net result for the year (+€15,154) and Other debts (+€14,112)
- Reserves -€23,586
down €23,586 (-100%), from €23,586 to €0
- Other debts +€14,112
up €14,112 (+1,354%), from €1,042 to €15,154
- Tax, wage and social debts -€1,666
down €1,666 (-13.0%), from €12,855 to €11,189
of which Taxes: -€1,655
- Trade debts +€1,070
new in 2025: €1,070
- Accrued charges and deferred income +€525
new in 2025: €525
- Financial charges +€4,789
up €4,789 (+764%), from €626 to €5,416
- Gross operating margin -€3,321
down €3,321 (-11.0%), from €30,161 to €26,840
- Taxes -€1,419
down €1,419 (-20.9%), from €6,784 to €5,365
- Other operating charges +€740
up €740 (+1,194%), from €62 to €802
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 | €37,483 | €27,938 | -€9,545 | -25.5% |
| Fixed assets | 21/28 | €638 | €400 | -€238 | -37.3% |
| Tangible fixed assets | 22/27 | €238 | €0 | -€238 | -100% |
| Plant, machinery and equipment | 23 | €238 | €0 | -€238 | -100% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €36,845 | €27,538 | -€9,307 | -25.3% |
| Amounts receivable within one year | 40/41 | €13,703 | €5,681 | -€8,022 | -58.5% |
| Trade receivables | 40 | €13,703 | €0 | -€13,703 | -100% |
| Other amounts receivable | 41 | - | €5,681 | +€5,681 | |
| Cash at bank and in hand | 54/58 | €21,219 | €21,857 | +€638 | +3.0% |
| Deferred charges and accrued income | 490/1 | €1,922 | €0 | -€1,922 | -100% |
| Total equity and liabilities | 10/49 | €37,483 | €27,938 | -€9,545 | -25.5% |
| Equity | 10/15 | €23,586 | €0 | -€23,586 | -100% |
| Reserves | 13 | €23,586 | €0 | -€23,586 | -100% |
| Distributable reserves | 133 | €23,586 | €0 | -€23,586 | -100% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €13,897 | €27,938 | +€14,041 | +101% |
| Amounts payable within one year | 42/48 | €13,897 | €27,413 | +€13,516 | +97.3% |
| Trade debts | 44 | - | €1,070 | +€1,070 | |
| Suppliers | 440/4 | - | €1,070 | +€1,070 | |
| Taxes, remuneration and social security | 45 | €12,855 | €11,189 | -€1,666 | -13.0% |
| Taxes | 450/3 | €12,844 | €11,189 | -€1,655 | -12.9% |
| Remuneration and social security | 454/9 | €11 | €0 | -€11 | -100% |
| Other amounts payable | 47/48 | €1,042 | €15,154 | +€14,112 | +1,354% |
| Accrued charges and deferred income | 492/3 | - | €525 | +€525 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €264 | €238 | -€26 | -9.9% |
| Other operating charges | 640/8 | €62 | €802 | +€740 | +1,194% |
| Gross operating margin | 9900 | €30,161 | €26,840 | -€3,321 | -11.0% |
| Operating profit (loss) | 9901 | €29,835 | €25,800 | -€4,035 | -13.5% |
| Financial income | 75/76B | - | €134 | +€134 | |
| Recurring financial income | 75 | - | €134 | +€134 | |
| Financial charges | 65/66B | €626 | €5,416 | +€4,789 | +764% |
| Recurring financial charges | 65 | €626 | €5,416 | +€4,789 | +764% |
| Profit (loss) for the period before taxes | 9903 | €29,209 | €20,519 | -€8,690 | -29.8% |
| Income taxes | 67/77 | €6,784 | €5,365 | -€1,419 | -20.9% |
| Profit (loss) for the period | 9904 | €22,425 | €15,154 | -€7,271 | -32.4% |
| Profit (loss) for the period to be appropriated | 9905 | €22,425 | €15,154 | -€7,271 | -32.4% |
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 25 October 2026 via checked.be.