NIMATAL: 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.
NIMATAL
Largest movements
- Current investments +€151,633
up €151,633 (+19.0%), from €798,367 to €950,000
- Cash +€20,960
up €20,960 (+36.9%), from €56,812 to €77,772
mainly Net result for the year (+€172,196) and Trade debts (+€6,801)
- Reserves +€171,363
up €171,363 (+20.1%), from €851,517 to €1.0m
- Tax, wage and social debts -€16,698
down €16,698 (-89.2%), from €18,727 to €2,029
- Gross operating margin -€39,331
down €39,331 (-14.5%), from €270,445 to €231,114
- Financial income +€16,566
up €16,566 (+198%), from €8,361 to €24,927
- Taxes -€5,675
down €5,675 (-6.9%), from €82,638 to €76,964
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 | €886,604 | €1,048,339 | +€161,735 | +18.2% |
| Fixed assets | 21/28 | €17,687 | €12,679 | -€5,008 | -28.3% |
| Tangible fixed assets | 22/27 | €17,687 | €12,679 | -€5,008 | -28.3% |
| Plant, machinery and equipment | 23 | €491 | €283 | -€208 | -42.4% |
| Furniture and vehicles | 24 | €7,175 | €3,575 | -€3,600 | -50.2% |
| Other tangible fixed assets | 26 | €10,021 | €8,821 | -€1,200 | -12.0% |
| Current assets | 29/58 | €868,917 | €1,035,660 | +€166,743 | +19.2% |
| Amounts receivable within one year | 40/41 | €12,261 | €5,606 | -€6,655 | -54.3% |
| Trade receivables | 40 | - | €4,674 | +€4,674 | |
| Other amounts receivable | 41 | €12,261 | €932 | -€11,330 | -92.4% |
| Current investments | 50/53 | €798,367 | €950,000 | +€151,633 | +19.0% |
| Cash at bank and in hand | 54/58 | €56,812 | €77,772 | +€20,960 | +36.9% |
| Deferred charges and accrued income | 490/1 | €1,477 | €2,282 | +€805 | +54.5% |
| Total equity and liabilities | 10/49 | €886,604 | €1,048,339 | +€161,735 | +18.2% |
| Equity | 10/15 | €866,602 | €1,037,966 | +€171,363 | +19.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €851,517 | €1,022,881 | +€171,363 | +20.1% |
| Distributable reserves | 133 | €851,517 | €1,022,881 | +€171,363 | +20.1% |
| Profit (loss) carried forward | 14 | €85 | €85 | = | 0.0% |
| Amounts payable | 17/49 | €20,002 | €10,373 | -€9,628 | -48.1% |
| Amounts payable within one year | 42/48 | €20,002 | €10,373 | -€9,628 | -48.1% |
| Trade debts | 44 | €323 | €7,123 | +€6,801 | +2,108% |
| Suppliers | 440/4 | €323 | €7,123 | +€6,801 | +2,108% |
| Taxes, remuneration and social security | 45 | €18,727 | €2,029 | -€16,698 | -89.2% |
| Taxes | 450/3 | €18,727 | €2,029 | -€16,698 | -89.2% |
| Other amounts payable | 47/48 | €952 | €1,221 | +€269 | +28.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,540 | €5,008 | -€532 | -9.6% |
| Other operating charges | 640/8 | €942 | €1,017 | +€75 | +8.0% |
| Gross operating margin | 9900 | €270,445 | €231,114 | -€39,331 | -14.5% |
| Operating profit (loss) | 9901 | €263,963 | €225,088 | -€38,875 | -14.7% |
| Financial income | 75/76B | €8,361 | €24,927 | +€16,566 | +198% |
| Recurring financial income | 75 | €8,361 | €24,927 | +€16,566 | +198% |
| Financial charges | 65/66B | €1,583 | €856 | -€727 | -45.9% |
| Recurring financial charges | 65 | €1,583 | €856 | -€727 | -45.9% |
| Profit (loss) for the period before taxes | 9903 | €270,741 | €249,160 | -€21,581 | -8.0% |
| Income taxes | 67/77 | €82,638 | €76,964 | -€5,675 | -6.9% |
| Profit (loss) for the period | 9904 | €188,102 | €172,196 | -€15,906 | -8.5% |
| Profit (loss) for the period to be appropriated | 9905 | €188,102 | €172,196 | -€15,906 | -8.5% |
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.