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
- Current investments -€140,000
down €140,000 (-100%), from €140,000 to €0
- Cash +€29,160
up €29,160 (+102%), from €28,475 to €57,635
mainly Current investments (+€140,000) and Net result for the year (+€20,044)
- Tangible fixed assets -€4,923
down €4,923 (-28.6%), from €17,203 to €12,280
of which Furniture and vehicles: -€3,539
- Reserves -€121,440
down €121,440 (-74.9%), from €162,159 to €40,718
- Tax, wage and social debts +€5,949
up €5,949 (+380%), from €1,564 to €7,512
- Gross operating margin +€13,473
up €13,473 (+54.0%), from €24,960 to €38,433
- Taxes +€5,476
up €5,476 (+86.1%), from €6,360 to €11,836
- Financial income -€831
down €831 (-49.1%), from €1,693 to €862
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 | €189,468 | €73,253 | -€116,215 | -61.3% |
| Fixed assets | 21/28 | €17,203 | €12,280 | -€4,923 | -28.6% |
| Tangible fixed assets | 22/27 | €17,203 | €12,280 | -€4,923 | -28.6% |
| Land and buildings | 22 | €6,936 | €6,169 | -€766 | -11.0% |
| Plant, machinery and equipment | 23 | €1,114 | €496 | -€618 | -55.4% |
| Furniture and vehicles | 24 | €9,154 | €5,615 | -€3,539 | -38.7% |
| Current assets | 29/58 | €172,265 | €60,973 | -€111,292 | -64.6% |
| Amounts receivable within one year | 40/41 | €146 | €146 | = | 0.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €146 | €146 | = | 0.0% |
| Current investments | 50/53 | €140,000 | €0 | -€140,000 | -100% |
| Cash at bank and in hand | 54/58 | €28,475 | €57,635 | +€29,160 | +102% |
| Deferred charges and accrued income | 490/1 | €3,644 | €3,192 | -€452 | -12.4% |
| Total equity and liabilities | 10/49 | €189,468 | €73,253 | -€116,215 | -61.3% |
| Equity | 10/15 | €174,559 | €53,118 | -€121,440 | -69.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €162,159 | €40,718 | -€121,440 | -74.9% |
| Distributable reserves | 133 | €162,159 | €40,718 | -€121,440 | -74.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €14,910 | €20,135 | +€5,225 | +35.0% |
| Amounts payable within one year | 42/48 | €14,910 | €20,135 | +€5,225 | +35.0% |
| Trade debts | 44 | €1,133 | €1,051 | -€82 | -7.3% |
| Suppliers | 440/4 | €1,133 | €1,051 | -€82 | -7.3% |
| Taxes, remuneration and social security | 45 | €1,564 | €7,512 | +€5,949 | +380% |
| Taxes | 450/3 | €1,564 | €7,512 | +€5,949 | +380% |
| Other amounts payable | 47/48 | €12,213 | €11,571 | -€641 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,129 | €4,923 | -€206 | -4.0% |
| Other operating charges | 640/8 | €2,192 | €2,342 | +€150 | +6.8% |
| Gross operating margin | 9900 | €24,960 | €38,433 | +€13,473 | +54.0% |
| Operating profit (loss) | 9901 | €17,639 | €31,168 | +€13,529 | +76.7% |
| Financial income | 75/76B | €1,693 | €862 | -€831 | -49.1% |
| Recurring financial income | 75 | €1,693 | €862 | -€831 | -49.1% |
| Financial charges | 65/66B | €135 | €150 | +€15 | +11.1% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €19,197 | €31,880 | +€12,683 | +66.1% |
| Income taxes | 67/77 | €6,360 | €11,836 | +€5,476 | +86.1% |
| Profit (loss) for the period | 9904 | €12,837 | €20,044 | +€7,206 | +56.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,837 | €20,044 | +€7,206 | +56.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.