NIMAVI: 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.
NIMAVI
Largest movements
- Cash +€100,311
up €100,311 (+35.1%), from €286,192 to €386,503
mainly Other debts (+€302,175) and Net result for the year (+€128,248)
- Tangible fixed assets +€46,967
up €46,967 (+390%), from €12,043 to €59,009
of which Furniture and vehicles: +€45,349
- Receivables within one year +€6,583
up €6,583 (+10.5%), from €62,829 to €69,412
of which Other amounts receivable: +€7,178
- Other debts +€302,175
up €302,175 (+3,631%), from €8,321 to €310,496
- Profit (loss) carried forward -€295,363
down €295,363 (-99.9%), from €295,633 to €270
- Reserves +€128,248
new in 2025: €128,248
- Tax, wage and social debts +€18,742
up €18,742 (+41.0%), from €45,665 to €64,407
- Gross operating margin +€20,927
up €20,927 (+11.8%), from €176,749 to €197,676
- Taxes +€14,366
up €14,366 (+36.0%), from €39,905 to €54,271
- Depreciation +€8,236
up €8,236 (+152%), from €5,435 to €13,671
- Financial income -€4,054
down €4,054 (-100.0%), from €4,054 to €0
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 | €361,245 | €515,043 | +€153,798 | +42.6% |
| Fixed assets | 21/28 | €12,043 | €59,009 | +€46,967 | +390% |
| Tangible fixed assets | 22/27 | €12,043 | €59,009 | +€46,967 | +390% |
| Plant, machinery and equipment | 23 | €518 | €2,135 | +€1,617 | +312% |
| Furniture and vehicles | 24 | €11,525 | €56,874 | +€45,349 | +393% |
| Current assets | 29/58 | €349,202 | €456,034 | +€106,832 | +30.6% |
| Amounts receivable within one year | 40/41 | €62,829 | €69,412 | +€6,583 | +10.5% |
| Trade receivables | 40 | €23,790 | €23,196 | -€594 | -2.5% |
| Other amounts receivable | 41 | €39,039 | €46,216 | +€7,178 | +18.4% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €286,192 | €386,503 | +€100,311 | +35.1% |
| Deferred charges and accrued income | 490/1 | €181 | €119 | -€63 | -34.6% |
| Total equity and liabilities | 10/49 | €361,245 | €515,043 | +€153,798 | +42.6% |
| Equity | 10/15 | €305,633 | €138,518 | -€167,114 | -54.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €128,248 | +€128,248 | |
| Distributable reserves | 133 | - | €128,248 | +€128,248 | |
| Profit (loss) carried forward | 14 | €295,633 | €270 | -€295,363 | -99.9% |
| Amounts payable | 17/49 | €55,612 | €376,524 | +€320,913 | +577% |
| Amounts payable within one year | 42/48 | €55,612 | €376,524 | +€320,913 | +577% |
| Trade debts | 44 | €1,626 | €1,622 | -€4 | -0.3% |
| Suppliers | 440/4 | €1,626 | €1,622 | -€4 | -0.3% |
| Taxes, remuneration and social security | 45 | €45,665 | €64,407 | +€18,742 | +41.0% |
| Taxes | 450/3 | €45,665 | €64,407 | +€18,742 | +41.0% |
| Other amounts payable | 47/48 | €8,321 | €310,496 | +€302,175 | +3,631% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,435 | €13,671 | +€8,236 | +152% |
| Other operating charges | 640/8 | €764 | €689 | -€75 | -9.8% |
| Gross operating margin | 9900 | €176,749 | €197,676 | +€20,927 | +11.8% |
| Operating profit (loss) | 9901 | €170,550 | €183,316 | +€12,766 | +7.5% |
| Financial income | 75/76B | €4,054 | €0 | -€4,054 | -100.0% |
| Recurring financial income | 75 | €4,054 | €0 | -€4,054 | -100.0% |
| Financial charges | 65/66B | €1,003 | €797 | -€206 | -20.5% |
| Recurring financial charges | 65 | €1,003 | €797 | -€206 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | €173,602 | €182,520 | +€8,918 | +5.1% |
| Income taxes | 67/77 | €39,905 | €54,271 | +€14,366 | +36.0% |
| Profit (loss) for the period | 9904 | €133,697 | €128,248 | -€5,449 | -4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €133,697 | €128,248 | -€5,449 | -4.1% |
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 20 October 2026 via checked.be.