NILS FACTORY: 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 FACTORY
Largest movements
- Stocks and contracts -€19,513
down €19,513 (-10.9%), from €178,698 to €159,185
- Receivables within one year -€19,462
down €19,462 (-28.7%), from €67,716 to €48,254
of which Trade receivables: -€10,281
- Profit (loss) carried forward -€21,883
down €21,883 (-121.0%), from -€18,091 to -€39,975
- Other debts -€11,046
down €11,046 (-100.0%), from €11,046 to €0
- Trade debts -€5,970
down €5,970 (-2.6%), from €230,787 to €224,817
- Gross operating margin -€27,812
down €27,812 (-73.8%), from €37,697 to €9,886
- Write-downs +€10,000
no longer reported in 2025 (was -€10,000)
- Staff costs +€2,034
up €2,034 (+7.5%), from €27,102 to €29,136
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 | €248,342 | €208,167 | -€40,176 | -16.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Current assets | 29/58 | €248,342 | €208,167 | -€40,176 | -16.2% |
| Stocks and contracts in progress | 3 | €178,698 | €159,185 | -€19,513 | -10.9% |
| Stocks | 30/36 | €178,698 | €159,185 | -€19,513 | -10.9% |
| Amounts receivable within one year | 40/41 | €67,716 | €48,254 | -€19,462 | -28.7% |
| Trade receivables | 40 | €11,768 | €1,487 | -€10,281 | -87.4% |
| Other amounts receivable | 41 | €55,948 | €46,767 | -€9,180 | -16.4% |
| Cash at bank and in hand | 54/58 | €1,786 | €696 | -€1,090 | -61.0% |
| Deferred charges and accrued income | 490/1 | €144 | €32 | -€111 | -77.5% |
| Total equity and liabilities | 10/49 | €248,342 | €208,167 | -€40,176 | -16.2% |
| Equity | 10/15 | €459 | -€21,425 | -€21,883 | |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,091 | -€39,975 | -€21,883 | -121.0% |
| Amounts payable | 17/49 | €247,884 | €229,591 | -€18,292 | -7.4% |
| Amounts payable within one year | 42/48 | €247,884 | €229,591 | -€18,292 | -7.4% |
| Financial debts | 43 | - | €78 | +€78 | |
| Credit institutions | 430/8 | - | €78 | +€78 | |
| Trade debts | 44 | €230,787 | €224,817 | -€5,970 | -2.6% |
| Suppliers | 440/4 | €230,787 | €224,817 | -€5,970 | -2.6% |
| Advances received on contracts in progress | 46 | €1,582 | €220 | -€1,362 | -86.1% |
| Taxes, remuneration and social security | 45 | €4,469 | €4,477 | +€8 | +0.2% |
| Taxes | 450/3 | €8 | €248 | +€239 | +2864.6% |
| Remuneration and social security | 454/9 | €4,461 | €4,229 | -€232 | -5.2% |
| Other amounts payable | 47/48 | €11,046 | €0 | -€11,046 | -100.0% |
| Non-recurring operating income | 76A | €12 | €0 | -€12 | -99.0% |
| Remuneration, social security and pensions | 62 | €27,102 | €29,136 | +€2,034 | +7.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€10,000 | - | +€10,000 | |
| Other operating charges | 640/8 | €695 | €500 | -€195 | -28.1% |
| Non-recurring operating charges | 66A | €1 | €508 | +€507 | +43703.4% |
| Gross operating margin | 9900 | €37,697 | €9,886 | -€27,812 | -73.8% |
| Operating profit (loss) | 9901 | €19,900 | -€20,258 | -€40,158 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,921 | €1,626 | -€295 | -15.3% |
| Recurring financial charges | 65 | €1,921 | €1,626 | -€295 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | €17,979 | -€21,883 | -€39,862 | |
| Profit (loss) for the period | 9904 | €17,979 | -€21,883 | -€39,862 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,979 | -€21,883 | -€39,862 |
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 2 October 2026 via checked.be.