Nilsanio: 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.
Nilsanio
Largest movements
- Tangible fixed assets +€100,060
up €100,060 (+218%), from €45,898 to €145,959
of which Plant, machinery and equipment: +€71,810
- Receivables within one year -€43,681
down €43,681 (-49.9%), from €87,588 to €43,907
of which Trade receivables: -€56,086
- Financial fixed assets +€40,000
up €40,000 (+6.1%), from €660,830 to €700,830
- Reserves +€57,576
up €57,576 (+5,758%), from €1,000 to €58,576
- Debts after one year +€54,431
up €54,431 (+21.7%), from €250,735 to €305,167
- Other debts -€43,791
down €43,791 (-12.7%), from €344,882 to €301,091
- Trade debts +€31,422
up €31,422 (+688%), from €4,567 to €35,988
- Accrued charges and deferred income -€23,974
no longer reported in 2025 (was €23,974)
- Gross operating margin +€60,567
up €60,567 (+81.7%), from €74,147 to €134,714
- Financial charges +€21,416
up €21,416 (+117%), from €18,280 to €39,696
- Taxes +€16,955
up €16,955 (+1,153%), from €1,470 to €18,425
- Depreciation +€2,384
up €2,384 (+13.9%), from €17,197 to €19,581
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 | €795,428 | €892,044 | +€96,616 | +12.1% |
| Fixed assets | 21/28 | €707,776 | €847,296 | +€139,520 | +19.7% |
| Intangible fixed assets | 21 | €1,047 | €507 | -€540 | -51.6% |
| Tangible fixed assets | 22/27 | €45,898 | €145,959 | +€100,060 | +218% |
| Land and buildings | 22 | €1,642 | €1,410 | -€232 | -14.1% |
| Plant, machinery and equipment | 23 | €28,021 | €99,831 | +€71,810 | +256% |
| Furniture and vehicles | 24 | €16,235 | €44,718 | +€28,482 | +175% |
| Financial fixed assets | 28 | €660,830 | €700,830 | +€40,000 | +6.1% |
| Current assets | 29/58 | €87,652 | €44,748 | -€42,904 | -48.9% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €87,588 | €43,907 | -€43,681 | -49.9% |
| Trade receivables | 40 | €87,148 | €31,062 | -€56,086 | -64.4% |
| Other amounts receivable | 41 | €440 | €12,844 | +€12,404 | +2,817% |
| Cash at bank and in hand | 54/58 | - | €841 | +€841 | |
| Deferred charges and accrued income | 490/1 | €64 | - | -€64 | |
| Total equity and liabilities | 10/49 | €795,428 | €892,044 | +€96,616 | +12.1% |
| Equity | 10/15 | €101,884 | €158,616 | +€56,733 | +55.7% |
| Contributions | 10/11 | €100,040 | €100,040 | = | 0.0% |
| Reserves | 13 | €1,000 | €58,576 | +€57,576 | +5,758% |
| Distributable reserves | 133 | €1,000 | €58,576 | +€57,576 | +5,758% |
| Profit (loss) carried forward | 14 | €844 | - | -€844 | |
| Amounts payable | 17/49 | €693,544 | €733,428 | +€39,883 | +5.8% |
| Amounts payable after more than one year | 17 | €250,735 | €305,167 | +€54,431 | +21.7% |
| Financial debts | 170/4 | €250,735 | €305,167 | +€54,431 | +21.7% |
| Amounts payable within one year | 42/48 | €418,835 | €428,261 | +€9,426 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €49,963 | €67,390 | +€17,427 | +34.9% |
| Financial debts | 43 | €14,750 | - | -€14,750 | |
| Credit institutions | 430/8 | €14,750 | - | -€14,750 | |
| Trade debts | 44 | €4,567 | €35,988 | +€31,422 | +688% |
| Suppliers | 440/4 | €4,567 | €35,988 | +€31,422 | +688% |
| Taxes, remuneration and social security | 45 | €4,674 | €23,792 | +€19,117 | +409% |
| Taxes | 450/3 | €4,674 | €19,302 | +€14,628 | +313% |
| Remuneration and social security | 454/9 | - | €4,490 | +€4,490 | |
| Other amounts payable | 47/48 | €344,882 | €301,091 | -€43,791 | -12.7% |
| Accrued charges and deferred income | 492/3 | €23,974 | - | -€23,974 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,197 | €19,581 | +€2,384 | +13.9% |
| Other operating charges | 640/8 | €757 | €280 | -€477 | -63.0% |
| Gross operating margin | 9900 | €74,147 | €134,714 | +€60,567 | +81.7% |
| Operating profit (loss) | 9901 | €56,193 | €114,853 | +€58,660 | +104% |
| Financial income | 75/76B | €148 | - | -€148 | |
| Recurring financial income | 75 | €148 | - | -€148 | |
| Financial charges | 65/66B | €18,280 | €39,696 | +€21,416 | +117% |
| Recurring financial charges | 65 | €18,280 | €39,696 | +€21,416 | +117% |
| Profit (loss) for the period before taxes | 9903 | €38,061 | €75,157 | +€37,097 | +97.5% |
| Income taxes | 67/77 | €1,470 | €18,425 | +€16,955 | +1,153% |
| Profit (loss) for the period | 9904 | €36,590 | €56,733 | +€20,142 | +55.0% |
| Profit (loss) for the period to be appropriated | 9905 | €36,590 | €56,733 | +€20,142 | +55.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.