NILI TRANS: 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.
NILI TRANS
Largest movements
- Receivables within one year -€23,693
down €23,693 (-45.2%), from €52,411 to €28,718
of which Trade receivables: -€21,193
- Cash +€5,951
up €5,951 (+2,610%), from €228 to €6,179
mainly Receivables within one year (+€23,693) and Other debts (+€8,623)
- Tangible fixed assets -€3,215
down €3,215 (-72.7%), from €4,425 to €1,210
- Financial fixed assets -€1,500
down €1,500 (-67.0%), from €2,238 to €738
- Deferred charges and accrued income -€1,204
no longer reported in 2025 (was €1,204)
- Tax, wage and social debts -€16,628
down €16,628 (-43.3%), from €38,368 to €21,740
of which Remuneration and social security: -€9,063
- Current portion of long-term debt -€11,435
no longer reported in 2025 (was €11,435)
- Other debts +€8,623
up €8,623 (+55.2%), from €15,630 to €24,253
- Profit (loss) carried forward -€3,651
down €3,651 (-9.8%), from -€37,070 to -€40,721
- Short-term financial debts -€625
no longer reported in 2025 (was €625)
- Depreciation -€24,844
down €24,844 (-84.4%), from €29,439 to €4,595
- Financial charges +€8,929
up €8,929 (+948%), from €942 to €9,871
- Staff costs -€6,023
down €6,023 (-12.4%), from €48,508 to €42,485
- Gross operating margin -€2,687
down €2,687 (-4.1%), from €65,907 to €63,220
- Taxes -€1,378
down €1,378 (-39.5%), from €3,487 to €2,109
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 | €60,506 | €36,845 | -€23,661 | -39.1% |
| Fixed assets | 21/28 | €6,663 | €1,948 | -€4,715 | -70.8% |
| Tangible fixed assets | 22/27 | €4,425 | €1,210 | -€3,215 | -72.7% |
| Leasing and similar rights | 25 | €4,425 | €1,210 | -€3,215 | -72.7% |
| Financial fixed assets | 28 | €2,238 | €738 | -€1,500 | -67.0% |
| Current assets | 29/58 | €53,843 | €34,897 | -€18,946 | -35.2% |
| Amounts receivable within one year | 40/41 | €52,411 | €28,718 | -€23,693 | -45.2% |
| Trade receivables | 40 | €48,493 | €27,300 | -€21,193 | -43.7% |
| Other amounts receivable | 41 | €3,918 | €1,418 | -€2,500 | -63.8% |
| Cash at bank and in hand | 54/58 | €228 | €6,179 | +€5,951 | +2,610% |
| Deferred charges and accrued income | 490/1 | €1,204 | - | -€1,204 | |
| Total equity and liabilities | 10/49 | €60,506 | €36,845 | -€23,661 | -39.1% |
| Equity | 10/15 | -€14,685 | -€18,336 | -€3,651 | -24.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,785 | €3,785 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,925 | €1,925 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,070 | -€40,721 | -€3,651 | -9.8% |
| Amounts payable | 17/49 | €75,191 | €55,181 | -€20,010 | -26.6% |
| Amounts payable within one year | 42/48 | €75,191 | €55,181 | -€20,010 | -26.6% |
| Current portion of amounts payable after more than one year | 42 | €11,435 | - | -€11,435 | |
| Financial debts | 43 | €625 | - | -€625 | |
| Credit institutions | 430/8 | €625 | - | -€625 | |
| Trade debts | 44 | €9,133 | €9,188 | +€55 | +0.6% |
| Suppliers | 440/4 | €9,133 | €9,188 | +€55 | +0.6% |
| Taxes, remuneration and social security | 45 | €38,368 | €21,740 | -€16,628 | -43.3% |
| Taxes | 450/3 | €29,305 | €21,740 | -€7,565 | -25.8% |
| Remuneration and social security | 454/9 | €9,063 | - | -€9,063 | |
| Other amounts payable | 47/48 | €15,630 | €24,253 | +€8,623 | +55.2% |
| Remuneration, social security and pensions | 62 | €48,508 | €42,485 | -€6,023 | -12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,439 | €4,595 | -€24,844 | -84.4% |
| Other operating charges | 640/8 | €7,981 | €7,822 | -€159 | -2.0% |
| Gross operating margin | 9900 | €65,907 | €63,220 | -€2,687 | -4.1% |
| Operating profit (loss) | 9901 | -€20,021 | €8,318 | +€28,339 | |
| Financial income | 75/76B | €191 | €11 | -€180 | -94.2% |
| Recurring financial income | 75 | €191 | €11 | -€180 | -94.2% |
| Financial charges | 65/66B | €942 | €9,871 | +€8,929 | +948% |
| Recurring financial charges | 65 | €942 | €9,871 | +€8,929 | +948% |
| Profit (loss) for the period before taxes | 9903 | -€20,772 | -€1,542 | +€19,230 | +92.6% |
| Income taxes | 67/77 | €3,487 | €2,109 | -€1,378 | -39.5% |
| Profit (loss) for the period | 9904 | -€24,259 | -€3,651 | +€20,608 | +84.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,259 | -€3,651 | +€20,608 | +84.9% |
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 22 October 2026 via checked.be.