NILLOC Management: 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.
NILLOC Management
Largest movements
- Tangible fixed assets -€275,568
down €275,568 (-88.9%), from €310,103 to €34,535
of which Land and buildings: -€250,577
- Cash +€54,432
up €54,432 (+18,583%), from €293 to €54,724
mainly Investment in fixed assets (net) (+€274,804) and Net result for the year (+€59,067)
- Receivables within one year +€11,940
up €11,940 (+116%), from €10,270 to €22,210
of which Trade receivables: +€13,780
- Debts after one year -€216,014
down €216,014 (-88.6%), from €243,703 to €27,689
- Other debts -€62,512
down €62,512 (-75.8%), from €82,512 to €20,000
- Trade debts +€32,631
up €32,631 (+7,161%), from €456 to €33,087
- Reserves +€21,609
new in 2025: €21,609
- Profit (loss) carried forward +€17,458
up €17,458, from -€17,458 to €0
- Depreciation -€19,104
down €19,104 (-96.2%), from €19,868 to €764
- Taxes +€16,792
up €16,792 (+10,495%), from €160 to €16,952
- Gross operating margin +€16,673
up €16,673 (+24.6%), from €67,849 to €84,522
- Financial income +€9,244
new in 2025: €9,244
- Other operating charges -€3,880
down €3,880 (-64.0%), from €6,064 to €2,184
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 | €341,061 | €131,572 | -€209,489 | -61.4% |
| Fixed assets | 21/28 | €329,323 | €53,755 | -€275,568 | -83.7% |
| Tangible fixed assets | 22/27 | €310,103 | €34,535 | -€275,568 | -88.9% |
| Land and buildings | 22 | €250,577 | €0 | -€250,577 | -100% |
| Plant, machinery and equipment | 23 | €42,029 | €0 | -€42,029 | -100% |
| Furniture and vehicles | 24 | €17,497 | €34,535 | +€17,038 | +97.4% |
| Financial fixed assets | 28 | €19,220 | €19,220 | = | 0.0% |
| Current assets | 29/58 | €11,738 | €77,816 | +€66,079 | +563% |
| Amounts receivable within one year | 40/41 | €10,270 | €22,210 | +€11,940 | +116% |
| Trade receivables | 40 | €8,430 | €22,210 | +€13,780 | +163% |
| Other amounts receivable | 41 | €1,840 | €0 | -€1,840 | -100% |
| Cash at bank and in hand | 54/58 | €293 | €54,724 | +€54,432 | +18,583% |
| Deferred charges and accrued income | 490/1 | €1,175 | €882 | -€293 | -24.9% |
| Total equity and liabilities | 10/49 | €341,061 | €131,572 | -€209,489 | -61.4% |
| Equity | 10/15 | -€14,958 | €24,109 | +€39,067 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €21,609 | +€21,609 | |
| Distributable reserves | 133 | - | €21,609 | +€21,609 | |
| Profit (loss) carried forward | 14 | -€17,458 | €0 | +€17,458 | |
| Amounts payable | 17/49 | €356,018 | €107,462 | -€248,556 | -69.8% |
| Amounts payable after more than one year | 17 | €243,703 | €27,689 | -€216,014 | -88.6% |
| Financial debts | 170/4 | €243,703 | €27,689 | -€216,014 | -88.6% |
| Amounts payable within one year | 42/48 | €112,315 | €79,773 | -€32,542 | -29.0% |
| Current portion of amounts payable after more than one year | 42 | €26,535 | €13,425 | -€13,110 | -49.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €456 | €33,087 | +€32,631 | +7,161% |
| Suppliers | 440/4 | €456 | €33,087 | +€32,631 | +7,161% |
| Taxes, remuneration and social security | 45 | €2,812 | €13,261 | +€10,449 | +372% |
| Taxes | 450/3 | €2,812 | €13,261 | +€10,449 | +372% |
| Other amounts payable | 47/48 | €82,512 | €20,000 | -€62,512 | -75.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,868 | €764 | -€19,104 | -96.2% |
| Other operating charges | 640/8 | €6,064 | €2,184 | -€3,880 | -64.0% |
| Gross operating margin | 9900 | €67,849 | €84,522 | +€16,673 | +24.6% |
| Operating profit (loss) | 9901 | €41,917 | €81,574 | +€39,657 | +94.6% |
| Financial income | 75/76B | - | €9,244 | +€9,244 | |
| Recurring financial income | 75 | - | €9,244 | +€9,244 | |
| Financial charges | 65/66B | €13,681 | €14,799 | +€1,118 | +8.2% |
| Recurring financial charges | 65 | €13,681 | €14,799 | +€1,118 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | €28,236 | €76,019 | +€47,784 | +169% |
| Income taxes | 67/77 | €160 | €16,952 | +€16,792 | +10,495% |
| Profit (loss) for the period | 9904 | €28,076 | €59,067 | +€30,992 | +110% |
| Profit (loss) for the period to be appropriated | 9905 | €28,076 | €59,067 | +€30,992 | +110% |
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 18 October 2026 via checked.be.