Nima Excellence: 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 Excellence
Largest movements
- Receivables within one year +€112,343
up €112,343 (+943%), from €11,914 to €124,258
of which Other amounts receivable: +€77,218
- Profit (loss) carried forward +€112,835
up €112,835, from -€40,558 to €72,276
- Tax, wage and social debts +€31,287
up €31,287 (+455%), from €6,882 to €38,170
of which Taxes: +€32,537
- Other debts -€20,918
down €20,918 (-100%), from €20,918 to €0
- Debts after one year -€11,269
down €11,269 (-100%), from €11,269 to €0
- Gross operating margin +€172,275
up €172,275, from -€35,859 to €136,416
- Taxes +€21,952
up €21,952 (+6,933%), from €317 to €22,268
- Financial income +€1,666
new in 2025: €1,666
- Financial charges -€1,442
down €1,442 (-47.6%), from €3,030 to €1,589
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 | €16,979 | €129,346 | +€112,367 | +662% |
| Fixed assets | 21/28 | €2,391 | €2,155 | -€237 | -9.9% |
| Tangible fixed assets | 22/27 | €2,391 | €2,155 | -€237 | -9.9% |
| Plant, machinery and equipment | 23 | €1,481 | €1,320 | -€160 | -10.8% |
| Furniture and vehicles | 24 | €911 | €834 | -€76 | -8.4% |
| Current assets | 29/58 | €14,588 | €127,191 | +€112,604 | +772% |
| Amounts receivable within one year | 40/41 | €11,914 | €124,258 | +€112,343 | +943% |
| Trade receivables | 40 | €11,011 | €46,137 | +€35,126 | +319% |
| Other amounts receivable | 41 | €903 | €78,121 | +€77,218 | +8,550% |
| Cash at bank and in hand | 54/58 | €740 | €540 | -€200 | -27.0% |
| Deferred charges and accrued income | 490/1 | €1,934 | €2,394 | +€460 | +23.8% |
| Total equity and liabilities | 10/49 | €16,979 | €129,346 | +€112,367 | +662% |
| Equity | 10/15 | -€35,558 | €77,276 | +€112,835 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,558 | €72,276 | +€112,835 | |
| Amounts payable | 17/49 | €52,537 | €52,070 | -€467 | -0.9% |
| Amounts payable after more than one year | 17 | €11,269 | €0 | -€11,269 | -100% |
| Financial debts | 170/4 | €11,269 | €0 | -€11,269 | -100% |
| Amounts payable within one year | 42/48 | €41,268 | €52,070 | +€10,802 | +26.2% |
| Current portion of amounts payable after more than one year | 42 | €11,706 | €11,269 | -€437 | -3.7% |
| Financial debts | 43 | €1,519 | €1,476 | -€43 | -2.8% |
| Credit institutions | 430/8 | €1,519 | €1,476 | -€43 | -2.8% |
| Trade debts | 44 | €243 | €1,155 | +€912 | +375% |
| Suppliers | 440/4 | €243 | €1,155 | +€912 | +375% |
| Taxes, remuneration and social security | 45 | €6,882 | €38,170 | +€31,287 | +455% |
| Taxes | 450/3 | €4,382 | €36,920 | +€32,537 | +742% |
| Remuneration and social security | 454/9 | €2,500 | €1,250 | -€1,250 | -50.0% |
| Other amounts payable | 47/48 | €20,918 | €0 | -€20,918 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €565 | €632 | +€67 | +11.8% |
| Other operating charges | 640/8 | €788 | €760 | -€28 | -3.6% |
| Gross operating margin | 9900 | -€35,859 | €136,416 | +€172,275 | |
| Operating profit (loss) | 9901 | -€37,212 | €135,025 | +€172,237 | |
| Financial income | 75/76B | - | €1,666 | +€1,666 | |
| Recurring financial income | 75 | - | €1,666 | +€1,666 | |
| Financial charges | 65/66B | €3,030 | €1,589 | -€1,442 | -47.6% |
| Recurring financial charges | 65 | €3,030 | €1,589 | -€1,442 | -47.6% |
| Profit (loss) for the period before taxes | 9903 | -€40,242 | €135,103 | +€175,344 | |
| Income taxes | 67/77 | €317 | €22,268 | +€21,952 | +6,933% |
| Profit (loss) for the period | 9904 | -€40,558 | €112,835 | +€153,393 | |
| Profit (loss) for the period to be appropriated | 9905 | -€40,558 | €112,835 | +€153,393 |
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.