NIM 2: 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.
NIM 2
Largest movements
- Cash -€4,756
down €4,756 (-11.0%), from €43,420 to €38,663
mainly Contributions, distributions and other (-€6,200) and Trade debts (-€3,125)
- Receivables within one year -€2,600
down €2,600 (-4.3%), from €59,985 to €57,385
of which Trade receivables: -€27,151
- Contributions -€6,200
no longer reported in 2025 (was €6,200)
- Trade debts -€3,125
down €3,125 (-27.9%), from €11,196 to €8,071
of which Suppliers: -€3,975
- Profit (loss) carried forward +€1,879
up €1,879 (+2.3%), from €82,293 to €84,172
- Gross operating margin -€15,938
down €15,938 (-65.5%), from €24,330 to €8,392
- Depreciation -€10,116
down €10,116 (-95.9%), from €10,551 to €435
- Other operating charges -€513
down €513 (-12.6%), from €4,058 to €3,545
- Taxes -€345
down €345 (-12.7%), from €2,726 to €2,381
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 | €104,274 | €96,483 | -€7,791 | -7.5% |
| Fixed assets | 21/28 | €870 | €435 | -€435 | -50.0% |
| Tangible fixed assets | 22/27 | €870 | €435 | -€435 | -50.0% |
| Furniture and vehicles | 24 | €870 | €435 | -€435 | -50.0% |
| Current assets | 29/58 | €103,404 | €96,048 | -€7,356 | -7.1% |
| Amounts receivable within one year | 40/41 | €59,985 | €57,385 | -€2,600 | -4.3% |
| Trade receivables | 40 | €40,681 | €13,529 | -€27,151 | -66.7% |
| Other amounts receivable | 41 | €19,304 | €43,856 | +€24,552 | +127% |
| Cash at bank and in hand | 54/58 | €43,420 | €38,663 | -€4,756 | -11.0% |
| Total equity and liabilities | 10/49 | €104,274 | €96,483 | -€7,791 | -7.5% |
| Equity | 10/15 | €90,353 | €86,032 | -€4,321 | -4.8% |
| Contributions | 10/11 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,293 | €84,172 | +€1,879 | +2.3% |
| Amounts payable | 17/49 | €13,921 | €10,451 | -€3,470 | -24.9% |
| Amounts payable within one year | 42/48 | €13,921 | €10,451 | -€3,470 | -24.9% |
| Trade debts | 44 | €11,196 | €8,071 | -€3,125 | -27.9% |
| Suppliers | 440/4 | €11,196 | €7,221 | -€3,975 | -35.5% |
| Bills of exchange payable | 441 | - | €850 | +€850 | |
| Taxes, remuneration and social security | 45 | €2,726 | €2,381 | -€345 | -12.7% |
| Taxes | 450/3 | €2,726 | €2,381 | -€345 | -12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,551 | €435 | -€10,116 | -95.9% |
| Other operating charges | 640/8 | €4,058 | €3,545 | -€513 | -12.6% |
| Gross operating margin | 9900 | €24,330 | €8,392 | -€15,938 | -65.5% |
| Operating profit (loss) | 9901 | €9,721 | €4,413 | -€5,308 | -54.6% |
| Financial charges | 65/66B | €244 | €153 | -€91 | -37.2% |
| Recurring financial charges | 65 | €244 | €153 | -€91 | -37.2% |
| Profit (loss) for the period before taxes | 9903 | €9,477 | €4,259 | -€5,218 | -55.1% |
| Income taxes | 67/77 | €2,726 | €2,381 | -€345 | -12.7% |
| Profit (loss) for the period | 9904 | €6,751 | €1,879 | -€4,873 | -72.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,751 | €1,879 | -€4,873 | -72.2% |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.