NIMER: what changed
Two fiscal 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.
NIMER
Largest movements
- Tangible fixed assets -€24,727
down €24,727 (-26.6%), from €93,048 to €68,321
of which Leasing and similar rights: -€15,360
- Cash +€4,037
up €4,037 (+89.6%), from €4,506 to €8,543
mainly Depreciation (+€24,727) and Tax, wage and social debts (+€7,504)
- Stocks and contracts +€2,987
up €2,987 (+9.3%), from €32,013 to €35,000
- Deferred charges and accrued income +€1,810
up €1,810 (+75.4%), from €2,402 to €4,212
- Debts after one year -€12,743
down €12,743 (-36.5%), from €34,953 to €22,210
- Trade debts -€7,602
down €7,602 (-38.9%), from €19,537 to €11,935
- Tax, wage and social debts +€7,504
up €7,504 (+63.1%), from €11,897 to €19,401
of which Remuneration and social security: +€4,224
- Other debts -€5,172
down €5,172 (-39.4%), from €13,138 to €7,966
- Profit (loss) carried forward +€5,010
up €5,010 (+14.1%), from €35,427 to €40,437
- Gross operating margin +€11,152
up €11,152 (+12.9%), from €86,306 to €97,458
- Staff costs +€10,894
up €10,894 (+24.7%), from €44,045 to €54,939
- Financial charges +€1,036
up €1,036 (+16.1%), from €6,443 to €7,478
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 | €136,484 | €121,594 | -€14,890 | -10.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €96,570 | €71,844 | -€24,727 | -25.6% |
| Tangible fixed assets | 22/27 | €93,048 | €68,321 | -€24,727 | -26.6% |
| Plant, machinery and equipment | 23 | €14,674 | €9,200 | -€5,474 | -37.3% |
| Furniture and vehicles | 24 | €10,090 | €7,397 | -€2,693 | -26.7% |
| Leasing and similar rights | 25 | €57,484 | €42,124 | -€15,360 | -26.7% |
| Other tangible fixed assets | 26 | €10,800 | €9,600 | -€1,200 | -11.1% |
| Financial fixed assets | 28 | €3,522 | €3,522 | = | 0.0% |
| Current assets | 29/58 | €39,914 | €49,750 | +€9,837 | +24.6% |
| Stocks and contracts in progress | 3 | €32,013 | €35,000 | +€2,987 | +9.3% |
| Stocks | 30/36 | €32,013 | €35,000 | +€2,987 | +9.3% |
| Amounts receivable within one year | 40/41 | €993 | €1,994 | +€1,002 | +100.9% |
| Trade receivables | 40 | - | €330 | +€330 | |
| Other amounts receivable | 41 | €993 | €1,664 | +€672 | +67.7% |
| Cash at bank and in hand | 54/58 | €4,506 | €8,543 | +€4,037 | +89.6% |
| Deferred charges and accrued income | 490/1 | €2,402 | €4,212 | +€1,810 | +75.4% |
| Total equity and liabilities | 10/49 | €136,484 | €121,594 | -€14,890 | -10.9% |
| Equity | 10/15 | €42,329 | €47,340 | +€5,010 | +11.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €703 | €703 | = | 0.0% |
| Non-distributable reserves | 130/1 | €703 | €703 | = | 0.0% |
| Reserves not available under the articles | 1311 | €703 | €703 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,427 | €40,437 | +€5,010 | +14.1% |
| Amounts payable | 17/49 | €94,155 | €74,254 | -€19,901 | -21.1% |
| Amounts payable after more than one year | 17 | €34,953 | €22,210 | -€12,743 | -36.5% |
| Financial debts | 170/4 | €34,953 | €22,210 | -€12,743 | -36.5% |
| Amounts payable within one year | 42/48 | €57,702 | €52,044 | -€5,658 | -9.8% |
| Current portion of amounts payable after more than one year | 42 | €13,131 | €12,742 | -€388 | -3.0% |
| Trade debts | 44 | €19,537 | €11,935 | -€7,602 | -38.9% |
| Suppliers | 440/4 | €19,537 | €11,935 | -€7,602 | -38.9% |
| Taxes, remuneration and social security | 45 | €11,897 | €19,401 | +€7,504 | +63.1% |
| Taxes | 450/3 | €6,761 | €10,042 | +€3,281 | +48.5% |
| Remuneration and social security | 454/9 | €5,136 | €9,359 | +€4,224 | +82.2% |
| Other amounts payable | 47/48 | €13,138 | €7,966 | -€5,172 | -39.4% |
| Accrued charges and deferred income | 492/3 | €1,500 | - | -€1,500 | |
| Remuneration, social security and pensions | 62 | €44,045 | €54,939 | +€10,894 | +24.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,976 | €24,727 | +€751 | +3.1% |
| Other operating charges | 640/8 | €3,043 | €3,941 | +€898 | +29.5% |
| Gross operating margin | 9900 | €86,306 | €97,458 | +€11,152 | +12.9% |
| Operating profit (loss) | 9901 | €15,242 | €13,851 | -€1,390 | -9.1% |
| Financial income | 75/76B | €9 | €444 | +€435 | +4701.0% |
| Recurring financial income | 75 | €9 | €444 | +€435 | +4701.0% |
| Financial charges | 65/66B | €6,443 | €7,478 | +€1,036 | +16.1% |
| Recurring financial charges | 65 | €6,443 | €7,478 | +€1,036 | +16.1% |
| Profit (loss) for the period before taxes | 9903 | €8,808 | €6,817 | -€1,991 | -22.6% |
| Income taxes | 67/77 | €2,211 | €1,807 | -€405 | -18.3% |
| Profit (loss) for the period | 9904 | €6,597 | €5,010 | -€1,586 | -24.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,597 | €5,010 | -€1,586 | -24.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.