NIMRAVID: 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.
NIMRAVID
Largest movements
- Receivables within one year -€41,187
no longer reported in 2025 (was €41,187)
of which Other amounts receivable: -€33,063
- Cash +€19,587
up €19,587 (+10.9%), from €179,583 to €199,171
mainly Receivables within one year (+€41,187) and Depreciation (+€19,369)
- Tangible fixed assets -€14,647
down €14,647 (-8.5%), from €172,642 to €157,995
of which Land and buildings: -€10,234
- Stocks and contracts +€5,402
new in 2025: €5,402
- Other debts -€18,876
down €18,876 (-24.9%), from €75,909 to €57,033
- Debts after one year -€10,486
down €10,486 (-7.8%), from €134,258 to €123,772
- Gross operating margin -€7,355
down €7,355 (-23.3%), from €31,576 to €24,221
- Taxes -€2,483
down €2,483 (-78.1%), from €3,180 to €697
- Other operating charges +€1,710
up €1,710 (+569%), from €300 to €2,011
- Financial charges -€513
down €513 (-15.2%), from €3,368 to €2,855
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 | €393,412 | €364,353 | -€29,059 | -7.4% |
| Fixed assets | 21/28 | €172,642 | €157,995 | -€14,647 | -8.5% |
| Tangible fixed assets | 22/27 | €172,642 | €157,995 | -€14,647 | -8.5% |
| Land and buildings | 22 | €159,399 | €149,165 | -€10,234 | -6.4% |
| Furniture and vehicles | 24 | €13,243 | €8,830 | -€4,413 | -33.3% |
| Current assets | 29/58 | €220,770 | €206,358 | -€14,412 | -6.5% |
| Stocks and contracts in progress | 3 | - | €5,402 | +€5,402 | |
| Contracts in progress | 37 | - | €5,402 | +€5,402 | |
| Amounts receivable within one year | 40/41 | €41,187 | - | -€41,187 | |
| Trade receivables | 40 | €8,123 | - | -€8,123 | |
| Other amounts receivable | 41 | €33,063 | - | -€33,063 | |
| Cash at bank and in hand | 54/58 | €179,583 | €199,171 | +€19,587 | +10.9% |
| Deferred charges and accrued income | 490/1 | - | €1,785 | +€1,785 | |
| Total equity and liabilities | 10/49 | €393,412 | €364,353 | -€29,059 | -7.4% |
| Equity | 10/15 | €153,042 | €153,167 | +€125 | +0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €134,442 | €134,567 | +€125 | +0.1% |
| Tax-exempt reserves | 132 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €129,442 | €129,567 | +€125 | +0.1% |
| Amounts payable | 17/49 | €240,370 | €211,186 | -€29,184 | -12.1% |
| Amounts payable after more than one year | 17 | €134,258 | €123,772 | -€10,486 | -7.8% |
| Financial debts | 170/4 | €134,258 | €123,772 | -€10,486 | -7.8% |
| Amounts payable within one year | 42/48 | €106,112 | €87,414 | -€18,698 | -17.6% |
| Current portion of amounts payable after more than one year | 42 | €10,480 | €10,486 | +€6 | +0.1% |
| Trade debts | 44 | €1,807 | €2,076 | +€269 | +14.9% |
| Suppliers | 440/4 | €1,807 | €2,076 | +€269 | +14.9% |
| Taxes, remuneration and social security | 45 | €17,916 | €17,819 | -€97 | -0.5% |
| Taxes | 450/3 | €14,631 | €17,793 | +€3,161 | +21.6% |
| Remuneration and social security | 454/9 | €3,285 | €27 | -€3,258 | -99.2% |
| Other amounts payable | 47/48 | €75,909 | €57,033 | -€18,876 | -24.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,148 | €19,369 | +€221 | +1.2% |
| Other operating charges | 640/8 | €300 | €2,011 | +€1,710 | +569% |
| Gross operating margin | 9900 | €31,576 | €24,221 | -€7,355 | -23.3% |
| Operating profit (loss) | 9901 | €12,128 | €2,841 | -€9,287 | -76.6% |
| Financial income | 75/76B | €554 | €837 | +€283 | +51.1% |
| Recurring financial income | 75 | €554 | €837 | +€283 | +51.1% |
| Financial charges | 65/66B | €3,368 | €2,855 | -€513 | -15.2% |
| Recurring financial charges | 65 | €3,368 | €2,855 | -€513 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €9,313 | €823 | -€8,491 | -91.2% |
| Income taxes | 67/77 | €3,180 | €697 | -€2,483 | -78.1% |
| Profit (loss) for the period | 9904 | €6,133 | €125 | -€6,008 | -98.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,133 | €125 | -€6,008 | -98.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.