NILO 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.
NILO MANAGEMENT
Largest movements
- Cash -€3,528
down €3,528 (-20.5%), from €17,232 to €13,703
mainly Other debts (-€9,938) and Deferred charges and accrued income (-€806)
- Deferred charges and accrued income +€806
up €806 (+232%), from €348 to €1,154
- Tangible fixed assets -€450
down €450 (-35.1%), from €1,282 to €832
- Other debts -€9,938
down €9,938 (-82.6%), from €12,031 to €2,093
- Profit (loss) carried forward +€4,793
up €4,793 (+315%), from €1,523 to €6,316
- Tax, wage and social debts +€1,970
up €1,970 (+85.3%), from €2,310 to €4,279
- Gross operating margin +€4,370
up €4,370 (+101%), from €4,306 to €8,676
- Taxes +€1,950
up €1,950 (+250%), from €780 to €2,730
- Other operating charges -€1,219
down €1,219 (-65.6%), from €1,857 to €638
- Depreciation +€381
up €381 (+552%), from €69 to €450
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 | €18,991 | €15,689 | -€3,302 | -17.4% |
| Fixed assets | 21/28 | €1,282 | €832 | -€450 | -35.1% |
| Tangible fixed assets | 22/27 | €1,282 | €832 | -€450 | -35.1% |
| Furniture and vehicles | 24 | €1,282 | €832 | -€450 | -35.1% |
| Current assets | 29/58 | €17,709 | €14,857 | -€2,852 | -16.1% |
| Amounts receivable within one year | 40/41 | €130 | - | -€130 | |
| Trade receivables | 40 | €130 | - | -€130 | |
| Cash at bank and in hand | 54/58 | €17,232 | €13,703 | -€3,528 | -20.5% |
| Deferred charges and accrued income | 490/1 | €348 | €1,154 | +€806 | +232% |
| Total equity and liabilities | 10/49 | €18,991 | €15,689 | -€3,302 | -17.4% |
| Equity | 10/15 | €4,523 | €9,316 | +€4,793 | +106% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,523 | €6,316 | +€4,793 | +315% |
| Amounts payable | 17/49 | €14,468 | €6,373 | -€8,095 | -56.0% |
| Amounts payable within one year | 42/48 | €14,468 | €6,373 | -€8,095 | -56.0% |
| Trade debts | 44 | €127 | - | -€127 | |
| Suppliers | 440/4 | €127 | - | -€127 | |
| Taxes, remuneration and social security | 45 | €2,310 | €4,279 | +€1,970 | +85.3% |
| Taxes | 450/3 | €2,310 | €4,279 | +€1,970 | +85.3% |
| Other amounts payable | 47/48 | €12,031 | €2,093 | -€9,938 | -82.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69 | €450 | +€381 | +552% |
| Other operating charges | 640/8 | €1,857 | €638 | -€1,219 | -65.6% |
| Gross operating margin | 9900 | €4,306 | €8,676 | +€4,370 | +101% |
| Operating profit (loss) | 9901 | €2,380 | €7,587 | +€5,207 | +219% |
| Financial charges | 65/66B | €77 | €64 | -€13 | -16.5% |
| Recurring financial charges | 65 | €77 | €64 | -€13 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €2,303 | €7,523 | +€5,220 | +227% |
| Income taxes | 67/77 | €780 | €2,730 | +€1,950 | +250% |
| Profit (loss) for the period | 9904 | €1,523 | €4,793 | +€3,270 | +215% |
| Profit (loss) for the period to be appropriated | 9905 | €1,523 | €4,793 | +€3,270 | +215% |
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 14 October 2026 via checked.be.