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NILITECH: what changed

Two fiscal 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.

What changed

NILITECH

BE 0666.819.372
NACE 43.211, General electrical installation work
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€17,861
2024 · €3,830+€14,031
Equity
€102,291
2024 · €84,430+€17,861
Cash
€11,943
2024 · €239+€11,704
Balance sheet total
€174,298
2024 · €125,407+€48,891

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€42,667

    up €42,667 (+743.0%), from €5,743 to €48,410

    of which Furniture and vehicles: +€43,601

  • Receivables within one year -€14,954

    down €14,954 (-21.5%), from €69,481 to €54,527

    of which Trade receivables: -€17,381

  • Cash +€11,704

    up €11,704 (+4895.2%), from €239 to €11,943

    mainly Debts after one year (+€27,842) and Net result for the year (+€17,861)

  • Stocks and contracts +€9,291

    up €9,291 (+19.0%), from €48,952 to €58,243

Equity and liabilities
  • Debts after one year +€27,842

    new in 2025: €27,842

  • Profit (loss) carried forward +€17,861

    up €17,861 (+28.4%), from €62,870 to €80,731

  • Current portion of long-term debt +€8,164

    new in 2025: €8,164

  • Trade debts -€5,676

    down €5,676 (-26.0%), from €21,837 to €16,161

Income statement
  • Gross operating margin +€27,738

    up €27,738 (+398.5%), from €6,961 to €34,699

  • Depreciation +€9,851

    up €9,851 (+1020.7%), from €965 to €10,816

  • Taxes +€2,384

    up €2,384 (+137.5%), from €1,734 to €4,117

  • Financial charges +€1,307

    up €1,307 (+9248.9%), from €14 to €1,321

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €3,830
Gross operating margin +€27,738
Depreciation -€9,851
Other operating charges -€150
Financial income -€15
Financial charges -€1,307
Taxes -€2,384
Result 2025 €17,861

Cash bridge derived

cash 2024 to 2025

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.

From operations +€29,181
Investment -€53,483
Financing +€36,006
Cash 2024 €239
Net result for the year +€17,861
Depreciation +€10,816
Stocks and contracts -€9,291
Receivables within one year +€14,954
Deferred charges and accrued income -€183
Trade debts -€5,676
Tax, wage and social debts +€996
Other debts -€296
Investment in fixed assets (net) -€53,483
Debts after one year +€27,842
Current portion of long-term debt +€8,164
Cash 2025 €11,943
Every line side by side 44 lines
Line Code 2024 2025 Change %
Total assets 20/58 €125,407 €174,298 +€48,891 +39.0%
Fixed assets 21/28 €5,743 €48,410 +€42,667 +743.0%
Tangible fixed assets 22/27 €5,743 €48,410 +€42,667 +743.0%
Land and buildings 22 €2,555 €2,038 -€516 -20.2%
Plant, machinery and equipment 23 €1,504 €1,086 -€418 -27.8%
Furniture and vehicles 24 €1,685 €45,285 +€43,601 +2588.4%
Current assets 29/58 €119,664 €125,889 +€6,224 +5.2%
Stocks and contracts in progress 3 €48,952 €58,243 +€9,291 +19.0%
Stocks 30/36 €48,952 €58,243 +€9,291 +19.0%
Amounts receivable within one year 40/41 €69,481 €54,527 -€14,954 -21.5%
Trade receivables 40 €60,514 €43,132 -€17,381 -28.7%
Other amounts receivable 41 €8,968 €11,395 +€2,427 +27.1%
Cash at bank and in hand 54/58 €239 €11,943 +€11,704 +4895.2%
Deferred charges and accrued income 490/1 €992 €1,175 +€183 +18.5%
Total equity and liabilities 10/49 €125,407 €174,298 +€48,891 +39.0%
Equity 10/15 €84,430 €102,291 +€17,861 +21.2%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €15,360 €15,360 = 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%
Distributable reserves 133 €13,500 €13,500 = 0.0%
Profit (loss) carried forward 14 €62,870 €80,731 +€17,861 +28.4%
Amounts payable 17/49 €40,977 €72,007 +€31,030 +75.7%
Amounts payable after more than one year 17 - €27,842 +€27,842
Financial debts 170/4 - €27,842 +€27,842
Amounts payable within one year 42/48 €40,977 €44,165 +€3,188 +7.8%
Current portion of amounts payable after more than one year 42 - €8,164 +€8,164
Trade debts 44 €21,837 €16,161 -€5,676 -26.0%
Suppliers 440/4 €21,837 €16,161 -€5,676 -26.0%
Taxes, remuneration and social security 45 - €996 +€996
Taxes 450/3 - €996 +€996
Other amounts payable 47/48 €19,140 €18,844 -€296 -1.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €965 €10,816 +€9,851 +1020.7%
Other operating charges 640/8 €433 €582 +€150 +34.6%
Gross operating margin 9900 €6,961 €34,699 +€27,738 +398.5%
Operating profit (loss) 9901 €5,563 €23,300 +€17,737 +318.8%
Financial income 75/76B €15 €0 -€15 -99.9%
Recurring financial income 75 €15 €0 -€15 -99.9%
Financial charges 65/66B €14 €1,321 +€1,307 +9248.9%
Recurring financial charges 65 €14 €1,321 +€1,307 +9248.9%
Profit (loss) for the period before taxes 9903 €5,564 €21,979 +€16,415 +295.1%
Income taxes 67/77 €1,734 €4,117 +€2,384 +137.5%
Profit (loss) for the period 9904 €3,830 €17,861 +€14,031 +366.4%
Profit (loss) for the period to be appropriated 9905 €3,830 €17,861 +€14,031 +366.4%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.