NILUMA Consulting: 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.
NILUMA Consulting
Largest movements
- Tangible fixed assets +€52,512
up €52,512 (+14.3%), from €367,291 to €419,802
of which Land and buildings: +€52,968
- Other debts +€32,717
up €32,717 (+53.4%), from €61,211 to €93,927
- Reserves +€12,888
up €12,888 (+17.9%), from €71,946 to €84,834
of which Distributable reserves: +€12,888
- Short-term financial debts +€6,500
up €6,500 (+76.5%), from €8,500 to €15,000
- Gross operating margin -€28,221
down €28,221 (-35.5%), from €79,567 to €51,345
- Taxes -€10,508
down €10,508 (-62.4%), from €16,838 to €6,330
- Depreciation +€3,795
up €3,795 (+17.9%), from €21,197 to €24,992
- Financial charges -€1,090
down €1,090 (-20.7%), from €5,263 to €4,173
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 | €543,032 | €601,515 | +€58,483 | +10.8% |
| Fixed assets | 21/28 | €376,772 | €429,284 | +€52,512 | +13.9% |
| Tangible fixed assets | 22/27 | €367,291 | €419,802 | +€52,512 | +14.3% |
| Land and buildings | 22 | €360,687 | €413,655 | +€52,968 | +14.7% |
| Furniture and vehicles | 24 | €457 | - | -€457 | |
| Assets under construction and advance payments | 27 | €6,147 | €6,147 | = | 0.0% |
| Financial fixed assets | 28 | €9,481 | €9,481 | = | 0.0% |
| Current assets | 29/58 | €166,260 | €172,232 | +€5,972 | +3.6% |
| Amounts receivable within one year | 40/41 | €157,303 | €160,832 | +€3,529 | +2.2% |
| Trade receivables | 40 | €16,365 | €21,760 | +€5,395 | +33.0% |
| Other amounts receivable | 41 | €140,938 | €139,072 | -€1,866 | -1.3% |
| Cash at bank and in hand | 54/58 | €8,341 | €11,399 | +€3,059 | +36.7% |
| Deferred charges and accrued income | 490/1 | €616 | - | -€616 | |
| Total equity and liabilities | 10/49 | €543,032 | €601,515 | +€58,483 | +10.8% |
| Equity | 10/15 | €290,577 | €303,465 | +€12,888 | +4.4% |
| Contributions | 10/11 | €81,800 | €81,800 | = | 0.0% |
| Reserves | 13 | €71,946 | €84,834 | +€12,888 | +17.9% |
| Non-distributable reserves | 130/1 | €5,448 | €5,448 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,448 | €5,448 | = | 0.0% |
| Distributable reserves | 133 | €66,498 | €79,386 | +€12,888 | +19.4% |
| Profit (loss) carried forward | 14 | €136,831 | €136,831 | +€0 | 0.0% |
| Amounts payable | 17/49 | €252,455 | €298,050 | +€45,595 | +18.1% |
| Amounts payable after more than one year | 17 | €152,982 | €153,089 | +€107 | +0.1% |
| Financial debts | 170/4 | €152,982 | €153,089 | +€107 | +0.1% |
| Amounts payable within one year | 42/48 | €99,472 | €144,961 | +€45,489 | +45.7% |
| Current portion of amounts payable after more than one year | 42 | €18,801 | €24,322 | +€5,521 | +29.4% |
| Financial debts | 43 | €8,500 | €15,000 | +€6,500 | +76.5% |
| Credit institutions | 430/8 | €8,500 | €15,000 | +€6,500 | +76.5% |
| Trade debts | 44 | €2,491 | €914 | -€1,578 | -63.3% |
| Suppliers | 440/4 | €2,491 | €914 | -€1,578 | -63.3% |
| Taxes, remuneration and social security | 45 | €8,470 | €10,798 | +€2,328 | +27.5% |
| Taxes | 450/3 | €8,470 | €10,798 | +€2,328 | +27.5% |
| Other amounts payable | 47/48 | €61,211 | €93,927 | +€32,717 | +53.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,197 | €24,992 | +€3,795 | +17.9% |
| Other operating charges | 640/8 | €2,635 | €3,205 | +€570 | +21.6% |
| Gross operating margin | 9900 | €79,567 | €51,345 | -€28,221 | -35.5% |
| Operating profit (loss) | 9901 | €55,735 | €23,148 | -€32,587 | -58.5% |
| Financial income | 75/76B | €108 | €242 | +€134 | +124.3% |
| Recurring financial income | 75 | €108 | €242 | +€134 | +124.3% |
| Financial charges | 65/66B | €5,263 | €4,173 | -€1,090 | -20.7% |
| Recurring financial charges | 65 | €5,263 | €4,173 | -€1,090 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €50,580 | €19,217 | -€31,362 | -62.0% |
| Income taxes | 67/77 | €16,838 | €6,330 | -€10,508 | -62.4% |
| Profit (loss) for the period | 9904 | €33,742 | €12,888 | -€20,854 | -61.8% |
| Profit (loss) for the period to be appropriated | 9905 | €33,742 | €12,888 | -€20,854 | -61.8% |
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 5 October 2026 via checked.be.