Nille Consult: 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.
Nille Consult
Largest movements
- Financial fixed assets +€356,400
new in 2025: €356,400
- Tangible fixed assets +€125,855
up €125,855 (+440%), from €28,585 to €154,440
of which Land and buildings: +€133,832
- Cash -€17,730
down €17,730 (-26.6%), from €66,649 to €48,919
mainly Investment in fixed assets (net) (-€511,783) and Contributions, distributions and other (-€50,000)
- Receivables within one year -€8,022
down €8,022 (-13.3%), from €60,122 to €52,100
of which Trade receivables: -€17,666
- Debts after one year +€389,633
up €389,633 (+3,537%), from €11,017 to €400,651
- Other debts +€50,000
new in 2025: €50,000
- Current portion of long-term debt +€44,955
new in 2025: €44,955
- Profit (loss) carried forward -€35,279
down €35,279 (-29.6%), from €119,082 to €83,803
- Tax, wage and social debts +€7,993
up €7,993 (+36.8%), from €21,715 to €29,708
- Gross operating margin +€18,925
up €18,925 (+36.3%), from €52,115 to €71,039
- Depreciation +€14,362
up €14,362 (+94.7%), from €15,166 to €29,528
- Financial charges +€10,625
up €10,625 (+2,359%), from €450 to €11,075
- Other operating charges +€6,296
up €6,296 (+350%), from €1,798 to €8,094
- Taxes -€1,968
down €1,968 (-20.1%), from €9,805 to €7,837
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 | €158,502 | €612,656 | +€454,154 | +287% |
| Fixed assets | 21/28 | €28,585 | €510,840 | +€482,255 | +1,687% |
| Tangible fixed assets | 22/27 | €28,585 | €154,440 | +€125,855 | +440% |
| Land and buildings | 22 | - | €133,832 | +€133,832 | |
| Furniture and vehicles | 24 | €22,464 | €15,137 | -€7,327 | -32.6% |
| Other tangible fixed assets | 26 | €6,121 | €5,471 | -€649 | -10.6% |
| Financial fixed assets | 28 | - | €356,400 | +€356,400 | |
| Current assets | 29/58 | €129,917 | €101,816 | -€28,101 | -21.6% |
| Amounts receivable within one year | 40/41 | €60,122 | €52,100 | -€8,022 | -13.3% |
| Trade receivables | 40 | €34,969 | €17,303 | -€17,666 | -50.5% |
| Other amounts receivable | 41 | €25,153 | €34,797 | +€9,644 | +38.3% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €66,649 | €48,919 | -€17,730 | -26.6% |
| Deferred charges and accrued income | 490/1 | €3,146 | €797 | -€2,349 | -74.7% |
| Total equity and liabilities | 10/49 | €158,502 | €612,656 | +€454,154 | +287% |
| Equity | 10/15 | €119,083 | €83,804 | -€35,279 | -29.6% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €119,082 | €83,803 | -€35,279 | -29.6% |
| Amounts payable | 17/49 | €39,419 | €528,852 | +€489,433 | +1,242% |
| Amounts payable after more than one year | 17 | €11,017 | €400,651 | +€389,633 | +3,537% |
| Financial debts | 170/4 | €11,017 | €400,651 | +€389,633 | +3,537% |
| Amounts payable within one year | 42/48 | €23,862 | €127,562 | +€103,700 | +435% |
| Current portion of amounts payable after more than one year | 42 | - | €44,955 | +€44,955 | |
| Financial debts | 43 | €388 | €207 | -€181 | -46.7% |
| Credit institutions | 430/8 | €388 | €207 | -€181 | -46.7% |
| Trade debts | 44 | €1,759 | €2,692 | +€932 | +53.0% |
| Suppliers | 440/4 | €1,759 | €2,692 | +€932 | +53.0% |
| Taxes, remuneration and social security | 45 | €21,715 | €29,708 | +€7,993 | +36.8% |
| Taxes | 450/3 | €21,715 | €29,708 | +€7,993 | +36.8% |
| Other amounts payable | 47/48 | - | €50,000 | +€50,000 | |
| Accrued charges and deferred income | 492/3 | €4,540 | €640 | -€3,900 | -85.9% |
| Non-recurring operating income | 76A | - | €6,116 | +€6,116 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,166 | €29,528 | +€14,362 | +94.7% |
| Other operating charges | 640/8 | €1,798 | €8,094 | +€6,296 | +350% |
| Gross operating margin | 9900 | €52,115 | €71,039 | +€18,925 | +36.3% |
| Operating profit (loss) | 9901 | €35,151 | €33,418 | -€1,733 | -4.9% |
| Financial income | 75/76B | €510 | €215 | -€295 | -57.8% |
| Recurring financial income | 75 | €510 | €215 | -€295 | -57.8% |
| Financial charges | 65/66B | €450 | €11,075 | +€10,625 | +2,359% |
| Recurring financial charges | 65 | €450 | €11,075 | +€10,625 | +2,359% |
| Profit (loss) for the period before taxes | 9903 | €35,211 | €22,558 | -€12,653 | -35.9% |
| Income taxes | 67/77 | €9,805 | €7,837 | -€1,968 | -20.1% |
| Profit (loss) for the period | 9904 | €25,406 | €14,721 | -€10,685 | -42.1% |
| Profit (loss) for the period to be appropriated | 9905 | €25,406 | €14,721 | -€10,685 | -42.1% |
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 19 October 2026 via checked.be.