NIMMON: 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.
NIMMON
Largest movements
- Cash -€211,652
down €211,652 (-34.5%), from €613,133 to €401,481
mainly Receivables within one year (-€165,352) and Debts after one year (-€51,535)
- Receivables within one year +€165,352
up €165,352 (+27.5%), from €601,061 to €766,413
- Tangible fixed assets -€26,719
down €26,719 (-6.3%), from €422,911 to €396,192
- Debts after one year -€51,535
down €51,535 (-38.0%), from €135,592 to €84,057
- Trade debts +€24,984
up €24,984 (+32.3%), from €77,299 to €102,284
- Financial income -€11,123
down €11,123 (-81.1%), from €13,717 to €2,595
- Gross operating margin -€9,523
down €9,523 (-10.7%), from €88,683 to €79,160
- Financial charges -€6,151
down €6,151 (-11.1%), from €55,360 to €49,209
- Other operating charges +€1,134
up €1,134 (+6.8%), from €16,743 to €17,877
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 | €2,438,909 | €2,377,666 | -€61,244 | -2.5% |
| Fixed assets | 21/28 | €1,224,715 | €1,197,996 | -€26,719 | -2.2% |
| Tangible fixed assets | 22/27 | €422,911 | €396,192 | -€26,719 | -6.3% |
| Land and buildings | 22 | €422,911 | €396,192 | -€26,719 | -6.3% |
| Financial fixed assets | 28 | €801,805 | €801,805 | = | 0.0% |
| Current assets | 29/58 | €1,214,194 | €1,179,669 | -€34,525 | -2.8% |
| Amounts receivable within one year | 40/41 | €601,061 | €766,413 | +€165,352 | +27.5% |
| Other amounts receivable | 41 | €601,061 | €766,413 | +€165,352 | +27.5% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €613,133 | €401,481 | -€211,652 | -34.5% |
| Deferred charges and accrued income | 490/1 | - | €11,775 | +€11,775 | |
| Total equity and liabilities | 10/49 | €2,438,909 | €2,377,666 | -€61,244 | -2.5% |
| Equity | 10/15 | €1,472,196 | €1,459,966 | -€12,230 | -0.8% |
| Contributions | 10/11 | €786,400 | €786,400 | = | 0.0% |
| Capital | 10 | €786,400 | €786,400 | = | 0.0% |
| Issued capital | 100 | €786,400 | €786,400 | = | 0.0% |
| Reserves | 13 | €685,796 | €673,566 | -€12,230 | -1.8% |
| Non-distributable reserves | 130/1 | €78,640 | €78,640 | = | 0.0% |
| Legal reserve | 130 | €78,640 | €78,640 | = | 0.0% |
| Distributable reserves | 133 | €607,156 | €594,926 | -€12,230 | -2.0% |
| Amounts payable | 17/49 | €966,714 | €917,700 | -€49,014 | -5.1% |
| Amounts payable after more than one year | 17 | €135,592 | €84,057 | -€51,535 | -38.0% |
| Financial debts | 170/4 | €135,592 | €84,057 | -€51,535 | -38.0% |
| Amounts payable within one year | 42/48 | €769,030 | €788,535 | +€19,505 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €50,365 | €51,535 | +€1,170 | +2.3% |
| Trade debts | 44 | €77,299 | €102,284 | +€24,984 | +32.3% |
| Suppliers | 440/4 | €77,299 | €102,284 | +€24,984 | +32.3% |
| Taxes, remuneration and social security | 45 | €1,871 | €0 | -€1,871 | -100% |
| Taxes | 450/3 | €1,871 | €0 | -€1,871 | -100% |
| Other amounts payable | 47/48 | €639,495 | €634,717 | -€4,778 | -0.7% |
| Accrued charges and deferred income | 492/3 | €62,092 | €45,107 | -€16,984 | -27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,792 | €26,719 | -€73 | -0.3% |
| Other operating charges | 640/8 | €16,743 | €17,877 | +€1,134 | +6.8% |
| Gross operating margin | 9900 | €88,683 | €79,160 | -€9,523 | -10.7% |
| Operating profit (loss) | 9901 | €45,148 | €34,564 | -€10,584 | -23.4% |
| Financial income | 75/76B | €13,717 | €2,595 | -€11,123 | -81.1% |
| Recurring financial income | 75 | €13,717 | €2,595 | -€11,123 | -81.1% |
| Financial charges | 65/66B | €55,360 | €49,209 | -€6,151 | -11.1% |
| Recurring financial charges | 65 | €55,360 | €49,209 | -€6,151 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | €3,505 | -€12,050 | -€15,556 | |
| Income taxes | 67/77 | €1,025 | €179 | -€845 | -82.5% |
| Profit (loss) for the period | 9904 | €2,481 | -€12,230 | -€14,710 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,481 | -€12,230 | -€14,710 |
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 15 October 2026 via checked.be.