NIMADRA: 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.
NIMADRA
Largest movements
- Cash -€99,319
down €99,319 (-32.7%), from €303,326 to €204,007
mainly Debts after one year (-€64,283) and Receivables within one year (-€35,577)
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€24,935
down €24,935 (-25.0%), from €99,935 to €75,000
- Gross operating margin +€15,927
up €15,927 (+60.4%), from -€26,380 to -€10,453
- Depreciation +€5,109
up €5,109 (+48.8%), from €10,463 to €15,572
- Financial charges -€1,924
down €1,924 (-21.3%), from €9,019 to €7,095
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.
Cash bridge derived
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 | €6,874,665 | €6,817,494 | -€57,171 | -0.8% |
| Fixed assets | 21/28 | €6,245,934 | €6,252,466 | +€6,532 | +0.1% |
| Tangible fixed assets | 22/27 | €47,382 | €53,233 | +€5,852 | +12.4% |
| Furniture and vehicles | 24 | €47,382 | €53,233 | +€5,852 | +12.4% |
| Financial fixed assets | 28 | €6,198,552 | €6,199,232 | +€680 | 0.0% |
| Current assets | 29/58 | €628,731 | €565,028 | -€63,703 | -10.1% |
| Amounts receivable within one year | 40/41 | €324,423 | €360,000 | +€35,577 | +11.0% |
| Other amounts receivable | 41 | €324,423 | €360,000 | +€35,577 | +11.0% |
| Cash at bank and in hand | 54/58 | €303,326 | €204,007 | -€99,319 | -32.7% |
| Deferred charges and accrued income | 490/1 | €981 | €1,021 | +€40 | +4.1% |
| Total equity and liabilities | 10/49 | €6,874,665 | €6,817,494 | -€57,171 | -0.8% |
| Equity | 10/15 | €6,476,018 | €6,481,031 | +€5,014 | +0.1% |
| Contributions | 10/11 | €3,426,000 | €3,426,000 | = | 0.0% |
| Reserves | 13 | €3,050,018 | €3,055,031 | +€5,014 | +0.2% |
| Distributable reserves | 133 | €3,050,018 | €3,055,031 | +€5,014 | +0.2% |
| Amounts payable | 17/49 | €398,647 | €336,462 | -€62,185 | -15.6% |
| Amounts payable after more than one year | 17 | €300,137 | €235,854 | -€64,283 | -21.4% |
| Financial debts | 170/4 | €300,137 | €235,854 | -€64,283 | -21.4% |
| Amounts payable within one year | 42/48 | €98,510 | €100,609 | +€2,099 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €62,956 | €64,283 | +€1,327 | +2.1% |
| Trade debts | 44 | €82 | €384 | +€302 | +367.5% |
| Suppliers | 440/4 | €82 | €384 | +€302 | +367.5% |
| Taxes, remuneration and social security | 45 | €472 | €941 | +€470 | +99.6% |
| Taxes | 450/3 | €472 | €941 | +€470 | +99.6% |
| Other amounts payable | 47/48 | €35,000 | €35,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,463 | €15,572 | +€5,109 | +48.8% |
| Other operating charges | 640/8 | €1,347 | €1,396 | +€50 | +3.7% |
| Gross operating margin | 9900 | -€26,380 | -€10,453 | +€15,927 | +60.4% |
| Operating profit (loss) | 9901 | -€38,190 | -€27,421 | +€10,768 | +28.2% |
| Financial income | 75/76B | €99,935 | €75,000 | -€24,935 | -25.0% |
| Recurring financial income | 75 | €99,935 | €75,000 | -€24,935 | -25.0% |
| Financial charges | 65/66B | €9,019 | €7,095 | -€1,924 | -21.3% |
| Recurring financial charges | 65 | €9,019 | €7,095 | -€1,924 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €52,726 | €40,483 | -€12,243 | -23.2% |
| Income taxes | 67/77 | €472 | €470 | -€2 | -0.4% |
| Profit (loss) for the period | 9904 | €52,254 | €40,014 | -€12,241 | -23.4% |
| Profit (loss) for the period to be appropriated | 9905 | €52,254 | €40,014 | -€12,241 | -23.4% |
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 11 October 2026 via checked.be.