NIMA: 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.
NIMA
Largest movements
- Tangible fixed assets -€51,768
down €51,768 (-6.6%), from €790,077 to €738,310
of which Land and buildings: -€49,283
- Current investments +€15,604
up €15,604 (+50.2%), from €31,071 to €46,675
- Reserves +€41,646
up €41,646 (+13.2%), from €315,369 to €357,015
of which Distributable reserves: +€41,646
- Other debts -€32,090
down €32,090 (-60.4%), from €53,132 to €21,042
- Debts after one year -€31,659
down €31,659 (-11.9%), from €265,553 to €233,894
- Trade debts -€16,462
down €16,462 (-99.5%), from €16,547 to €85
- Depreciation -€4,907
down €4,907 (-5.9%), from €83,342 to €78,435
- Financial income +€3,618
up €3,618 (+51,026%), from €7 to €3,625
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 | €894,896 | €862,473 | -€32,423 | -3.6% |
| Formation expenses | 20 | €14,000 | €12,000 | -€2,000 | -14.3% |
| Fixed assets | 21/28 | €790,077 | €738,310 | -€51,768 | -6.6% |
| Tangible fixed assets | 22/27 | €790,077 | €738,310 | -€51,768 | -6.6% |
| Land and buildings | 22 | €782,787 | €733,504 | -€49,283 | -6.3% |
| Furniture and vehicles | 24 | €7,290 | €4,805 | -€2,484 | -34.1% |
| Current assets | 29/58 | €90,818 | €112,163 | +€21,345 | +23.5% |
| Current investments | 50/53 | €31,071 | €46,675 | +€15,604 | +50.2% |
| Cash at bank and in hand | 54/58 | €59,148 | €64,530 | +€5,383 | +9.1% |
| Deferred charges and accrued income | 490/1 | €599 | €957 | +€358 | +59.8% |
| Total equity and liabilities | 10/49 | €894,896 | €862,473 | -€32,423 | -3.6% |
| Equity | 10/15 | €515,369 | €557,015 | +€41,646 | +8.1% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €315,369 | €357,015 | +€41,646 | +13.2% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Legal reserve | 130 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €295,369 | €337,015 | +€41,646 | +14.1% |
| Amounts payable | 17/49 | €379,527 | €305,458 | -€74,069 | -19.5% |
| Amounts payable after more than one year | 17 | €265,553 | €233,894 | -€31,659 | -11.9% |
| Financial debts | 170/4 | €265,553 | €233,894 | -€31,659 | -11.9% |
| Amounts payable within one year | 42/48 | €113,974 | €66,621 | -€47,353 | -41.5% |
| Current portion of amounts payable after more than one year | 42 | €41,025 | €41,659 | +€633 | +1.5% |
| Trade debts | 44 | €16,547 | €85 | -€16,462 | -99.5% |
| Suppliers | 440/4 | €16,547 | €85 | -€16,462 | -99.5% |
| Taxes, remuneration and social security | 45 | €3,270 | €3,836 | +€566 | +17.3% |
| Taxes | 450/3 | €3,270 | €3,836 | +€566 | +17.3% |
| Other amounts payable | 47/48 | €53,132 | €21,042 | -€32,090 | -60.4% |
| Accrued charges and deferred income | 492/3 | - | €4,943 | +€4,943 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,342 | €78,435 | -€4,907 | -5.9% |
| Other operating charges | 640/8 | €18,384 | €19,021 | +€637 | +3.5% |
| Gross operating margin | 9900 | €180,950 | €180,061 | -€889 | -0.5% |
| Operating profit (loss) | 9901 | €79,224 | €82,606 | +€3,381 | +4.3% |
| Financial income | 75/76B | €7 | €3,625 | +€3,618 | +51,026% |
| Recurring financial income | 75 | €7 | €3,625 | +€3,618 | +51,026% |
| Financial charges | 65/66B | €10,031 | €8,911 | -€1,120 | -11.2% |
| Recurring financial charges | 65 | €10,031 | €8,911 | -€1,120 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €69,200 | €77,319 | +€8,119 | +11.7% |
| Income taxes | 67/77 | €22,372 | €24,173 | +€1,801 | +8.1% |
| Profit (loss) for the period | 9904 | €46,828 | €53,146 | +€6,318 | +13.5% |
| Profit (loss) for the period to be appropriated | 9905 | €46,828 | €53,146 | +€6,318 | +13.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.