NIMF: 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.
NIMF
Largest movements
- Cash +€32,551
up €32,551 (+514.1%), from €6,332 to €38,883
mainly Net result for the year (+€21,069) and Other debts (+€6,525)
- Receivables within one year -€933
down €933 (-68.6%), from €1,360 to €427
of which Trade receivables: -€912
- Profit (loss) carried forward +€21,069
up €21,069 (+24.6%), from -€85,560 to -€64,491
- Other debts +€6,525
up €6,525 (+20.8%), from €31,354 to €37,879
- Tax, wage and social debts +€4,024
new in 2025: €4,024
- Gross operating margin +€27,603
up €27,603 (+3459.0%), from €798 to €28,401
- Taxes +€6,884
new in 2025: €6,884
- Other operating charges -€387
down €387 (-72.9%), from €531 to €144
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 | €7,969 | €39,587 | +€31,618 | +396.8% |
| Current assets | 29/58 | €7,969 | €39,587 | +€31,618 | +396.8% |
| Amounts receivable within one year | 40/41 | €1,360 | €427 | -€933 | -68.6% |
| Trade receivables | 40 | €1,284 | €372 | -€912 | -71.0% |
| Other amounts receivable | 41 | €76 | €55 | -€21 | -27.6% |
| Current investments | 50/53 | €277 | €277 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,332 | €38,883 | +€32,551 | +514.1% |
| Total equity and liabilities | 10/49 | €7,969 | €39,587 | +€31,618 | +396.8% |
| Equity | 10/15 | -€23,385 | -€2,316 | +€21,069 | +90.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €175 | €175 | = | 0.0% |
| Non-distributable reserves | 130/1 | €175 | €175 | = | 0.0% |
| Reserves not available under the articles | 1311 | €175 | €175 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,560 | -€64,491 | +€21,069 | +24.6% |
| Amounts payable | 17/49 | €31,354 | €41,903 | +€10,549 | +33.6% |
| Amounts payable within one year | 42/48 | €31,354 | €41,903 | +€10,549 | +33.6% |
| Taxes, remuneration and social security | 45 | - | €4,024 | +€4,024 | |
| Taxes | 450/3 | - | €4,024 | +€4,024 | |
| Other amounts payable | 47/48 | €31,354 | €37,879 | +€6,525 | +20.8% |
| Other operating charges | 640/8 | €531 | €144 | -€387 | -72.9% |
| Gross operating margin | 9900 | €798 | €28,401 | +€27,603 | +3459.0% |
| Operating profit (loss) | 9901 | €267 | €28,257 | +€27,990 | +10483.1% |
| Financial charges | 65/66B | €214 | €304 | +€90 | +42.1% |
| Recurring financial charges | 65 | €214 | €304 | +€90 | +42.1% |
| Profit (loss) for the period before taxes | 9903 | €53 | €27,953 | +€27,900 | +52641.5% |
| Income taxes | 67/77 | - | €6,884 | +€6,884 | |
| Profit (loss) for the period | 9904 | €53 | €21,069 | +€21,016 | +39652.8% |
| Profit (loss) for the period to be appropriated | 9905 | €53 | €21,069 | +€21,016 | +39652.8% |
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 6 October 2026 via checked.be.