NIMA SEVEN: 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 SEVEN
Largest movements
- Tangible fixed assets +€271,726
up €271,726 (+611%), from €44,469 to €316,195
of which Land and buildings: +€234,869
- Cash -€28,401
down €28,401 (-45.4%), from €62,519 to €34,118
mainly Investment in fixed assets (net) (-€312,549) and Other debts (-€21,184)
- Receivables within one year +€13,011
up €13,011 (+48.1%), from €27,064 to €40,074
of which Other amounts receivable: +€7,080
- Intangible fixed assets -€7,129
down €7,129 (-15.1%), from €47,091 to €39,962
- Debts after one year +€250,358
up €250,358 (+453%), from €55,326 to €305,684
- Other debts -€21,184
down €21,184 (-98.6%), from €21,494 to €310
- Current portion of long-term debt +€11,249
up €11,249 (+78.2%), from €14,388 to €25,637
- Reserves +€7,040
up €7,040 (+9.6%), from €73,462 to €80,502
- Depreciation +€28,851
up €28,851 (+151%), from €19,100 to €47,952
- Taxes -€10,348
down €10,348 (-73.2%), from €14,145 to €3,797
- Financial charges +€5,984
up €5,984 (+310%), from €1,933 to €7,918
- Gross operating margin +€1,564
up €1,564 (+2.3%), from €67,301 to €68,864
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 | €188,976 | €438,064 | +€249,088 | +132% |
| Fixed assets | 21/28 | €91,560 | €356,157 | +€264,597 | +289% |
| Intangible fixed assets | 21 | €47,091 | €39,962 | -€7,129 | -15.1% |
| Tangible fixed assets | 22/27 | €44,469 | €316,195 | +€271,726 | +611% |
| Land and buildings | 22 | €20,316 | €255,185 | +€234,869 | +1,156% |
| Plant, machinery and equipment | 23 | - | €1,491 | +€1,491 | |
| Furniture and vehicles | 24 | €24,153 | €59,519 | +€35,366 | +146% |
| Current assets | 29/58 | €97,416 | €81,907 | -€15,509 | -15.9% |
| Amounts receivable after more than one year | 29 | €5,000 | €5,000 | = | 0.0% |
| Other amounts receivable | 291 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €27,064 | €40,074 | +€13,011 | +48.1% |
| Trade receivables | 40 | €26,902 | €32,833 | +€5,931 | +22.0% |
| Other amounts receivable | 41 | €162 | €7,242 | +€7,080 | +4,374% |
| Cash at bank and in hand | 54/58 | €62,519 | €34,118 | -€28,401 | -45.4% |
| Deferred charges and accrued income | 490/1 | €2,833 | €2,715 | -€118 | -4.2% |
| Total equity and liabilities | 10/49 | €188,976 | €438,064 | +€249,088 | +132% |
| Equity | 10/15 | €82,462 | €89,502 | +€7,040 | +8.5% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Reserves | 13 | €73,462 | €80,502 | +€7,040 | +9.6% |
| Distributable reserves | 133 | €73,462 | €80,502 | +€7,040 | +9.6% |
| Amounts payable | 17/49 | €106,514 | €348,562 | +€242,048 | +227% |
| Amounts payable after more than one year | 17 | €55,326 | €305,684 | +€250,358 | +453% |
| Financial debts | 170/4 | €55,326 | €305,684 | +€250,358 | +453% |
| Amounts payable within one year | 42/48 | €51,189 | €42,878 | -€8,311 | -16.2% |
| Current portion of amounts payable after more than one year | 42 | €14,388 | €25,637 | +€11,249 | +78.2% |
| Trade debts | 44 | €6,000 | €6,447 | +€448 | +7.5% |
| Suppliers | 440/4 | €6,000 | €6,447 | +€448 | +7.5% |
| Taxes, remuneration and social security | 45 | €9,307 | €10,484 | +€1,177 | +12.6% |
| Taxes | 450/3 | €9,307 | €10,484 | +€1,177 | +12.6% |
| Other amounts payable | 47/48 | €21,494 | €310 | -€21,184 | -98.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,100 | €47,952 | +€28,851 | +151% |
| Other operating charges | 640/8 | €977 | €1,395 | +€418 | +42.8% |
| Non-recurring operating charges | 66A | - | €789 | +€789 | |
| Gross operating margin | 9900 | €67,301 | €68,864 | +€1,564 | +2.3% |
| Operating profit (loss) | 9901 | €47,224 | €18,730 | -€28,494 | -60.3% |
| Financial income | 75/76B | €33 | €25 | -€8 | -24.4% |
| Recurring financial income | 75 | €33 | €25 | -€8 | -24.4% |
| Financial charges | 65/66B | €1,933 | €7,918 | +€5,984 | +310% |
| Recurring financial charges | 65 | €1,933 | €7,918 | +€5,984 | +310% |
| Profit (loss) for the period before taxes | 9903 | €45,324 | €10,837 | -€34,487 | -76.1% |
| Income taxes | 67/77 | €14,145 | €3,797 | -€10,348 | -73.2% |
| Profit (loss) for the period | 9904 | €31,178 | €7,040 | -€24,138 | -77.4% |
| Profit (loss) for the period to be appropriated | 9905 | €31,178 | €7,040 | -€24,138 | -77.4% |
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 31 October 2026 via checked.be.