NILPAMA: 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.
NILPAMA
Largest movements
- Cash -€2,652
down €2,652 (-34.4%), from €7,710 to €5,058
mainly Receivables within one year (-€1,694) and Tax, wage and social debts (-€1,042)
- Receivables within one year +€1,694
new in 2025: €1,694
- Formation expenses -€422
down €422 (-100.0%), from €422 to €0
- Tax, wage and social debts -€1,042
down €1,042 (-100.0%), from €1,042 to €0
- Trade debts -€362
down €362 (-93.4%), from €387 to €25
- Gross operating margin -€3,057
down €3,057 (-78.5%), from €3,896 to €839
- Depreciation -€894
down €894 (-67.9%), from €1,316 to €422
- Taxes -€546
down €546 (-99.9%), from €546 to €0
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.
Cash bridge derived
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 | €8,132 | €6,752 | -€1,380 | -17.0% |
| Formation expenses | 20 | €422 | €0 | -€422 | -100.0% |
| Current assets | 29/58 | €7,710 | €6,752 | -€958 | -12.4% |
| Amounts receivable within one year | 40/41 | - | €1,694 | +€1,694 | |
| Trade receivables | 40 | - | €1,694 | +€1,694 | |
| Cash at bank and in hand | 54/58 | €7,710 | €5,058 | -€2,652 | -34.4% |
| Total equity and liabilities | 10/49 | €8,132 | €6,752 | -€1,380 | -17.0% |
| Equity | 10/15 | €6,639 | €6,641 | +€2 | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,639 | €1,641 | +€2 | +0.1% |
| Amounts payable | 17/49 | €1,493 | €112 | -€1,381 | -92.5% |
| Amounts payable within one year | 42/48 | €1,429 | €26 | -€1,403 | -98.2% |
| Trade debts | 44 | €387 | €25 | -€362 | -93.4% |
| Suppliers | 440/4 | €387 | €25 | -€362 | -93.4% |
| Taxes, remuneration and social security | 45 | €1,042 | €0 | -€1,042 | -100.0% |
| Taxes | 450/3 | €1,042 | €0 | -€1,042 | -100.0% |
| Accrued charges and deferred income | 492/3 | €64 | €86 | +€22 | +34.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,316 | €422 | -€894 | -67.9% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €3,896 | €839 | -€3,057 | -78.5% |
| Operating profit (loss) | 9901 | €2,196 | €30 | -€2,166 | -98.6% |
| Financial charges | 65/66B | €11 | €28 | +€17 | +165.6% |
| Recurring financial charges | 65 | €11 | €28 | +€17 | +165.6% |
| Profit (loss) for the period before taxes | 9903 | €2,186 | €2 | -€2,183 | -99.9% |
| Income taxes | 67/77 | €546 | €0 | -€546 | -99.9% |
| Profit (loss) for the period | 9904 | €1,639 | €2 | -€1,637 | -99.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,639 | €2 | -€1,637 | -99.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.