NILS: 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.
NILS
Largest movements
- Stocks and contracts +€15,000
new in 2025: €15,000
- Tangible fixed assets -€2,822
down €2,822 (-44.8%), from €6,293 to €3,471
of which Furniture and vehicles: -€1,817
- Receivables within one year -€1,523
down €1,523 (-19.3%), from €7,894 to €6,371
of which Trade receivables: -€2,409
- Cash -€672
down €672 (-30.8%), from €2,182 to €1,510
mainly Stocks and contracts (-€15,000) and Trade debts (-€2,648)
- Other debts +€15,401
up €15,401 (+126.6%), from €12,165 to €27,566
- Trade debts -€2,648
down €2,648 (-87.2%), from €3,036 to €388
- Profit (loss) carried forward -€2,288
down €2,288 (-56.9%), from -€4,022 to -€6,310
- Current portion of long-term debt -€647
down €647 (-100.0%), from €647 to €0
- Gross operating margin -€1,506
down €1,506 (-57.1%), from €2,640 to €1,134
- Depreciation +€466
up €466 (+19.8%), from €2,357 to €2,822
- Staff costs -€260
down €260 (-100.0%), from €260 to €0
- Financial charges -€33
down €33 (-36.9%), from €89 to €56
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 | €16,534 | €26,351 | +€9,818 | +59.4% |
| Fixed assets | 21/28 | €6,293 | €3,471 | -€2,822 | -44.8% |
| Tangible fixed assets | 22/27 | €6,293 | €3,471 | -€2,822 | -44.8% |
| Plant, machinery and equipment | 23 | €4,042 | €3,037 | -€1,005 | -24.9% |
| Furniture and vehicles | 24 | €2,251 | €433 | -€1,817 | -80.8% |
| Current assets | 29/58 | €10,241 | €22,881 | +€12,640 | +123.4% |
| Stocks and contracts in progress | 3 | - | €15,000 | +€15,000 | |
| Contracts in progress | 37 | - | €15,000 | +€15,000 | |
| Amounts receivable within one year | 40/41 | €7,894 | €6,371 | -€1,523 | -19.3% |
| Trade receivables | 40 | €6,359 | €3,950 | -€2,409 | -37.9% |
| Other amounts receivable | 41 | €1,535 | €2,421 | +€886 | +57.7% |
| Cash at bank and in hand | 54/58 | €2,182 | €1,510 | -€672 | -30.8% |
| Deferred charges and accrued income | 490/1 | €165 | €0 | -€165 | -100.0% |
| Total equity and liabilities | 10/49 | €16,534 | €26,351 | +€9,818 | +59.4% |
| Equity | 10/15 | €687 | -€1,602 | -€2,288 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €1,708 | €1,708 | = | 0.0% |
| Distributable reserves | 133 | €1,708 | €1,708 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,022 | -€6,310 | -€2,288 | -56.9% |
| Amounts payable | 17/49 | €15,847 | €27,953 | +€12,106 | +76.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €15,847 | €27,953 | +€12,106 | +76.4% |
| Current portion of amounts payable after more than one year | 42 | €647 | €0 | -€647 | -100.0% |
| Trade debts | 44 | €3,036 | €388 | -€2,648 | -87.2% |
| Suppliers | 440/4 | €3,036 | €388 | -€2,648 | -87.2% |
| Other amounts payable | 47/48 | €12,165 | €27,566 | +€15,401 | +126.6% |
| Remuneration, social security and pensions | 62 | €260 | €0 | -€260 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,357 | €2,822 | +€466 | +19.8% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €2,640 | €1,134 | -€1,506 | -57.1% |
| Operating profit (loss) | 9901 | -€504 | -€2,232 | -€1,728 | -342.9% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €89 | €56 | -€33 | -36.9% |
| Recurring financial charges | 65 | €89 | €56 | -€33 | -36.9% |
| Profit (loss) for the period before taxes | 9903 | -€593 | -€2,288 | -€1,696 | -286.0% |
| Profit (loss) for the period | 9904 | -€593 | -€2,288 | -€1,696 | -286.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€593 | -€2,288 | -€1,696 | -286.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.