NIMO: 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.
What changed
NIMO
NACE 46.150, Agents in the wholesale of furniture, household goods and hardware
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€5.0m
2024 · €2.8m+€2.3m
Equity
€20,460
2024 · €20,460
Cash
€357,085
2024 · €88,512+€268,573
Balance sheet total
€11.5m
2024 · €3.2m+€8.3m
Largest movements
Assets
- Financial fixed assets +€8.0m
up €8.0m (+2,681%), from €300,000 to €8.3m
- Cash +€268,573
up €268,573 (+303%), from €88,512 to €357,085
mainly Net result for the year (+€5.0m) and Provisions (+€3.0m)
- Current investments -€117,092
down €117,092 (-5.0%), from €2.3m to €2.2m
Equity and liabilities
- Provisions +€3.0m
up €3.0m (+943%), from €320,288 to €3.3m
- Other debts +€2.3m
up €2.3m (+81.1%), from €2.8m to €5.0m
- Debts after one year +€2.0m
new in 2025: €2.0m
- Current portion of long-term debt +€1.0m
new in 2025: €1.0m
Income statement
- Financial income +€2.2m
up €2.2m (+128%), from €1.7m to €4.0m
- Gross operating margin +€221,346
up €221,346 (+13.9%), from €1.6m to €1.8m
- Financial charges +€130,863
up €130,863 (+583%), from €22,466 to €153,329
- Other operating charges +€22,984
up €22,984 (+903%), from €2,546 to €25,530
- Taxes +€20,927
up €20,927 (+5.8%), from €363,560 to €384,487
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.
Result 2024
€2.8m
Gross operating margin
+€221,346
Staff costs
-€7,074
Depreciation
-€8,627
Other operating charges
-€22,984
Financial income
+€2.2m
Financial charges
-€130,863
Taxes
-€20,927
Result 2025
€5.0m
raises the resultlowers the result
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.
From operations
+€10.3m
Investment
-€8.0m
Financing
-€2.0m
Cash 2024
€88,512
From operations (derived)
+€10.3m
Net result for the year
+€5.0m
Depreciation
+€81,526
Smaller working-capital items
+€297
Receivables within one year
-€101,006
Provisions
+€3.0m
Trade debts
-€23,114
Other debts
+€2.3m
Accrued charges and deferred income
+€60,508
Investment (derived)
-€8.0m
Investment in fixed assets (net)
-€8.1m
Current investments
+€117,092
Financing
-€2.0m
Debts after one year
+€2.0m
Current portion of long-term debt
+€1.0m
Contributions, distributions and other
-€5.0m
Cash 2025
€357,085
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,205,283 | €11,524,408 | +€8.3m | +260% |
| Fixed assets | 21/28 | €608,557 | €8,674,543 | +€8.1m | +1,325% |
| Tangible fixed assets | 22/27 | €308,557 | €331,963 | +€23,406 | +7.6% |
| Plant, machinery and equipment | 23 | €3,099 | €1,697 | -€1,402 | -45.3% |
| Furniture and vehicles | 24 | €191,402 | €229,157 | +€37,756 | +19.7% |
| Other tangible fixed assets | 26 | €114,056 | €101,109 | -€12,947 | -11.4% |
| Financial fixed assets | 28 | €300,000 | €8,342,580 | +€8.0m | +2,681% |
| Current assets | 29/58 | €2,596,726 | €2,849,865 | +€253,139 | +9.7% |
| Stocks and contracts in progress | 3 | €8,317 | €10,792 | +€2,475 | +29.8% |
| Stocks | 30/36 | €8,317 | €10,792 | +€2,475 | +29.8% |
| Amounts receivable within one year | 40/41 | €177,874 | €278,881 | +€101,006 | +56.8% |
| Trade receivables | 40 | €145,608 | €182,532 | +€36,924 | +25.4% |
| Other amounts receivable | 41 | €32,267 | €96,349 | +€64,082 | +199% |
| Current investments | 50/53 | €2,319,241 | €2,202,149 | -€117,092 | -5.0% |
| Cash at bank and in hand | 54/58 | €88,512 | €357,085 | +€268,573 | +303% |
| Deferred charges and accrued income | 490/1 | €2,781 | €958 | -€1,823 | -65.6% |
| Total equity and liabilities | 10/49 | €3,205,283 | €11,524,408 | +€8.3m | +260% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Provisions and deferred taxes | 16 | €320,288 | €3,340,765 | +€3.0m | +943% |
| Provisions for liabilities and charges | 160/5 | €320,288 | €3,340,765 | +€3.0m | +943% |
| Other liabilities and charges | 164/5 | €320,288 | €3,340,765 | +€3.0m | +943% |
| Amounts payable | 17/49 | €2,864,535 | €8,163,183 | +€5.3m | +185% |
| Amounts payable after more than one year | 17 | - | €2,000,000 | +€2.0m | |
| Financial debts | 170/4 | - | €2,000,000 | +€2.0m | |
| Amounts payable within one year | 42/48 | €2,845,625 | €6,083,765 | +€3.2m | +114% |
| Current portion of amounts payable after more than one year | 42 | - | €1,000,000 | +€1.0m | |
| Trade debts | 44 | €47,599 | €24,485 | -€23,114 | -48.6% |
| Suppliers | 440/4 | €47,599 | €24,485 | -€23,114 | -48.6% |
| Taxes, remuneration and social security | 45 | €12,172 | €13,121 | +€949 | +7.8% |
| Taxes | 450/3 | €1,260 | €1,260 | = | 0.0% |
| Remuneration and social security | 454/9 | €10,912 | €11,861 | +€949 | +8.7% |
| Other amounts payable | 47/48 | €2,785,854 | €5,046,159 | +€2.3m | +81.1% |
| Accrued charges and deferred income | 492/3 | €18,910 | €79,418 | +€60,508 | +320% |
| Remuneration, social security and pensions | 62 | €86,210 | €93,284 | +€7,074 | +8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,898 | €81,526 | +€8,627 | +11.8% |
| Other operating charges | 640/8 | €2,546 | €25,530 | +€22,984 | +903% |
| Gross operating margin | 9900 | €1,594,560 | €1,815,906 | +€221,346 | +13.9% |
| Operating profit (loss) | 9901 | €1,432,906 | €1,615,567 | +€182,661 | +12.7% |
| Financial income | 75/76B | €1,735,330 | €3,960,190 | +€2.2m | +128% |
| Recurring financial income | 75 | €1,735,330 | €3,960,190 | +€2.2m | +128% |
| Financial charges | 65/66B | €22,466 | €153,329 | +€130,863 | +583% |
| Recurring financial charges | 65 | €22,466 | €153,329 | +€130,863 | +583% |
| Profit (loss) for the period before taxes | 9903 | €3,145,771 | €5,422,428 | +€2.3m | +72.4% |
| Income taxes | 67/77 | €363,560 | €384,487 | +€20,927 | +5.8% |
| Profit (loss) for the period | 9904 | €2,782,210 | €5,037,941 | +€2.3m | +81.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,782,210 | €5,037,941 | +€2.3m | +81.1% |
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 21 October 2026 via checked.be.