NILLAW: 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.
NILLAW
Largest movements
- Receivables within one year +€17,981
up €17,981 (+54.0%), from €33,276 to €51,257
of which Trade receivables: +€12,099
- Cash -€9,296
down €9,296 (-46.9%), from €19,837 to €10,541
mainly Debts after one year (-€27,194) and Receivables within one year (-€17,981)
- Tangible fixed assets +€1,550
new in 2024: €1,550
- Profit (loss) carried forward +€31,577
up €31,577 (+187.7%), from €16,824 to €48,401
- Debts after one year -€27,194
down €27,194 (-40.6%), from €67,003 to €39,809
- Tax, wage and social debts +€7,361
up €7,361 (+392.5%), from €1,876 to €9,237
- Current portion of long-term debt -€1,672
down €1,672 (-5.4%), from €30,986 to €29,315
- Depreciation -€36,983
down €36,983 (-98.6%), from €37,500 to €517
- Purchases and services +€22,355
up €22,355 (+19.3%), from €116,092 to €138,447
- Taxes +€8,468
up €8,468 (+1101.0%), from €769 to €9,237
- Financial charges -€2,361
down €2,361 (-59.8%), from €3,948 to €1,588
- Gross operating margin -€989
down €989 (-2.3%), from €43,908 to €42,919
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €121,613 | €131,849 | +€10,235 | +8.4% |
| Fixed assets | 21/28 | - | €1,550 | +€1,550 | |
| Tangible fixed assets | 22/27 | - | €1,550 | +€1,550 | |
| Furniture and vehicles | 24 | - | €1,550 | +€1,550 | |
| Current assets | 29/58 | €121,613 | €130,298 | +€8,685 | +7.1% |
| Amounts receivable after more than one year | 29 | €68,500 | €68,500 | = | 0.0% |
| Other amounts receivable | 291 | €68,500 | €68,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €33,276 | €51,257 | +€17,981 | +54.0% |
| Trade receivables | 40 | €33,276 | €45,375 | +€12,099 | +36.4% |
| Other amounts receivable | 41 | - | €5,882 | +€5,882 | |
| Cash at bank and in hand | 54/58 | €19,837 | €10,541 | -€9,296 | -46.9% |
| Total equity and liabilities | 10/49 | €121,613 | €131,849 | +€10,235 | +8.4% |
| Equity | 10/15 | €20,824 | €52,401 | +€31,577 | +151.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,824 | €48,401 | +€31,577 | +187.7% |
| Amounts payable | 17/49 | €100,789 | €79,447 | -€21,342 | -21.2% |
| Amounts payable after more than one year | 17 | €67,003 | €39,809 | -€27,194 | -40.6% |
| Financial debts | 170/4 | €67,003 | €39,809 | -€27,194 | -40.6% |
| Amounts payable within one year | 42/48 | €33,786 | €39,638 | +€5,852 | +17.3% |
| Current portion of amounts payable after more than one year | 42 | €30,986 | €29,315 | -€1,672 | -5.4% |
| Trade debts | 44 | €892 | €1,086 | +€194 | +21.7% |
| Suppliers | 440/4 | €892 | €1,086 | +€194 | +21.7% |
| Taxes, remuneration and social security | 45 | €1,876 | €9,237 | +€7,361 | +392.5% |
| Taxes | 450/3 | €1,876 | €9,237 | +€7,361 | +392.5% |
| Other amounts payable | 47/48 | €32 | - | -€32 | |
| Non-recurring operating income | 76A | €160,000 | €181,365 | +€21,365 | +13.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €116,092 | €138,447 | +€22,355 | +19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,500 | €517 | -€36,983 | -98.6% |
| Gross operating margin | 9900 | €43,908 | €42,919 | -€989 | -2.3% |
| Operating profit (loss) | 9901 | €6,408 | €42,402 | +€35,994 | +561.7% |
| Financial charges | 65/66B | €3,948 | €1,588 | -€2,361 | -59.8% |
| Recurring financial charges | 65 | €3,948 | €1,588 | -€2,361 | -59.8% |
| Profit (loss) for the period before taxes | 9903 | €2,460 | €40,814 | +€38,354 | +1559.1% |
| Income taxes | 67/77 | €769 | €9,237 | +€8,468 | +1101.0% |
| Profit (loss) for the period | 9904 | €1,691 | €31,577 | +€29,886 | +1767.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,691 | €31,577 | +€29,886 | +1767.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.