NILH: 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.
NILH
Largest movements
- Receivables within one year +€86,243
up €86,243 (+2,561%), from €3,368 to €89,611
- Tangible fixed assets +€28,433
up €28,433 (+26.2%), from €108,506 to €136,939
of which Land and buildings: +€56,309
- Stocks and contracts -€15,690
down €15,690 (-51.3%), from €30,574 to €14,884
- Deferred charges and accrued income +€5,930
up €5,930 (+221%), from €2,677 to €8,607
- Accrued charges and deferred income +€92,299
up €92,299 (+3,143%), from €2,937 to €95,236
- Profit (loss) carried forward -€57,386
down €57,386 (-173%), from -€33,195 to -€90,581
- Short-term financial debts +€24,560
up €24,560 (+233%), from €10,542 to €35,102
- Debts after one year +€18,534
up €18,534 (+44.8%), from €41,369 to €59,903
- Tax, wage and social debts +€10,410
up €10,410 (+75.8%), from €13,732 to €24,142
of which Taxes: +€8,384
- Gross operating margin -€41,056
down €41,056 (-23.4%), from €175,298 to €134,241
- Staff costs -€14,281
down €14,281 (-10.6%), from €134,974 to €120,693
- Depreciation +€8,381
up €8,381 (+26.2%), from €31,976 to €40,357
- Financial charges +€6,482
up €6,482 (+49.6%), from €13,069 to €19,551
- Other operating charges -€2,446
down €2,446 (-46.6%), from €5,251 to €2,805
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 | €187,667 | €288,514 | +€100,847 | +53.7% |
| Fixed assets | 21/28 | €136,523 | €162,098 | +€25,575 | +18.7% |
| Intangible fixed assets | 21 | €9,077 | €6,219 | -€2,858 | -31.5% |
| Tangible fixed assets | 22/27 | €108,506 | €136,939 | +€28,433 | +26.2% |
| Land and buildings | 22 | - | €56,309 | +€56,309 | |
| Plant, machinery and equipment | 23 | €107,752 | €80,146 | -€27,606 | -25.6% |
| Furniture and vehicles | 24 | €754 | €483 | -€271 | -35.9% |
| Financial fixed assets | 28 | €18,940 | €18,940 | = | 0.0% |
| Current assets | 29/58 | €51,144 | €126,416 | +€75,272 | +147% |
| Stocks and contracts in progress | 3 | €30,574 | €14,884 | -€15,690 | -51.3% |
| Stocks | 30/36 | €30,574 | €14,884 | -€15,690 | -51.3% |
| Amounts receivable within one year | 40/41 | €3,368 | €89,611 | +€86,243 | +2,561% |
| Trade receivables | 40 | €3,368 | €89,611 | +€86,243 | +2,561% |
| Cash at bank and in hand | 54/58 | €14,525 | €13,315 | -€1,210 | -8.3% |
| Deferred charges and accrued income | 490/1 | €2,677 | €8,607 | +€5,930 | +221% |
| Total equity and liabilities | 10/49 | €187,667 | €288,514 | +€100,847 | +53.7% |
| Equity | 10/15 | €16,805 | -€40,581 | -€57,386 | |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,195 | -€90,581 | -€57,386 | -173% |
| Amounts payable | 17/49 | €170,862 | €329,095 | +€158,233 | +92.6% |
| Amounts payable after more than one year | 17 | €41,369 | €59,903 | +€18,534 | +44.8% |
| Financial debts | 170/4 | €41,369 | €59,903 | +€18,534 | +44.8% |
| Amounts payable within one year | 42/48 | €126,557 | €173,956 | +€47,400 | +37.5% |
| Current portion of amounts payable after more than one year | 42 | €42,214 | €43,004 | +€790 | +1.9% |
| Financial debts | 43 | €10,542 | €35,102 | +€24,560 | +233% |
| Credit institutions | 430/8 | €10,542 | €35,102 | +€24,560 | +233% |
| Trade debts | 44 | €58,074 | €60,270 | +€2,196 | +3.8% |
| Suppliers | 440/4 | €58,074 | €60,270 | +€2,196 | +3.8% |
| Advances received on contracts in progress | 46 | - | €7,334 | +€7,334 | |
| Taxes, remuneration and social security | 45 | €13,732 | €24,142 | +€10,410 | +75.8% |
| Taxes | 450/3 | €10,335 | €18,720 | +€8,384 | +81.1% |
| Remuneration and social security | 454/9 | €3,397 | €5,422 | +€2,026 | +59.6% |
| Other amounts payable | 47/48 | €1,996 | €4,104 | +€2,109 | +106% |
| Accrued charges and deferred income | 492/3 | €2,937 | €95,236 | +€92,299 | +3,143% |
| Remuneration, social security and pensions | 62 | €134,974 | €120,693 | -€14,281 | -10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,976 | €40,357 | +€8,381 | +26.2% |
| Other operating charges | 640/8 | €5,251 | €2,805 | -€2,446 | -46.6% |
| Non-recurring operating charges | 66A | - | €8,000 | +€8,000 | |
| Gross operating margin | 9900 | €175,298 | €134,241 | -€41,056 | -23.4% |
| Operating profit (loss) | 9901 | €3,096 | -€37,613 | -€40,710 | |
| Financial income | 75/76B | €27 | €2 | -€25 | -91.9% |
| Recurring financial income | 75 | €27 | €2 | -€25 | -91.9% |
| Financial charges | 65/66B | €13,069 | €19,551 | +€6,482 | +49.6% |
| Recurring financial charges | 65 | €13,069 | €19,551 | +€6,482 | +49.6% |
| Profit (loss) for the period before taxes | 9903 | -€9,946 | -€57,162 | -€47,216 | -475% |
| Income taxes | 67/77 | €250 | €225 | -€25 | -10.2% |
| Profit (loss) for the period | 9904 | -€10,196 | -€57,386 | -€47,190 | -463% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,196 | -€57,386 | -€47,190 | -463% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.