Nimrod: 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.
Nimrod
Largest movements
- Current investments +€34,617
up €34,617 (+15.2%), from €227,476 to €262,093
- Receivables within one year +€27,301
up €27,301 (+55.9%), from €48,813 to €76,114
of which Other amounts receivable: +€33,804
- Cash +€16,339
up €16,339 (+320%), from €5,111 to €21,449
mainly Net result for the year (+€38,705) and Other debts (+€36,010)
- Other debts +€36,010
up €36,010 (+920%), from €3,914 to €39,924
- Debts after one year +€35,000
up €35,000 (+25.0%), from €140,000 to €175,000
- Profit (loss) carried forward +€13,705
up €13,705 (+17.8%), from -€76,944 to -€63,239
- Trade debts -€7,056
down €7,056 (-30.8%), from €22,935 to €15,878
- Gross operating margin +€21,126
up €21,126 (+163%), from €12,998 to €34,123
- Financial income -€3,396
down €3,396 (-18.4%), from €18,484 to €15,088
- Financial charges +€1,965
up €1,965 (+136%), from €1,448 to €3,413
- Taxes +€1,396
new in 2025: €1,396
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 | €341,530 | €419,252 | +€77,722 | +22.8% |
| Fixed assets | 21/28 | €51,624 | €50,929 | -€694 | -1.3% |
| Tangible fixed assets | 22/27 | €51,374 | €50,679 | -€694 | -1.4% |
| Land and buildings | 22 | €30,520 | €29,400 | -€1,120 | -3.7% |
| Plant, machinery and equipment | 23 | €57 | €0 | -€57 | -100% |
| Furniture and vehicles | 24 | €20,796 | €17,049 | -€3,747 | -18.0% |
| Assets under construction and advance payments | 27 | - | €4,230 | +€4,230 | |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €289,907 | €368,323 | +€78,416 | +27.0% |
| Stocks and contracts in progress | 3 | €8,507 | €8,507 | = | 0.0% |
| Stocks | 30/36 | €8,507 | €8,507 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €48,813 | €76,114 | +€27,301 | +55.9% |
| Trade receivables | 40 | €36,019 | €29,515 | -€6,503 | -18.1% |
| Other amounts receivable | 41 | €12,794 | €46,598 | +€33,804 | +264% |
| Current investments | 50/53 | €227,476 | €262,093 | +€34,617 | +15.2% |
| Cash at bank and in hand | 54/58 | €5,111 | €21,449 | +€16,339 | +320% |
| Deferred charges and accrued income | 490/1 | - | €160 | +€160 | |
| Total equity and liabilities | 10/49 | €341,530 | €419,252 | +€77,722 | +22.8% |
| Equity | 10/15 | €173,973 | €187,678 | +€13,705 | +7.9% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €917 | €917 | = | 0.0% |
| Distributable reserves | 133 | €917 | €917 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,944 | -€63,239 | +€13,705 | +17.8% |
| Amounts payable | 17/49 | €167,557 | €231,574 | +€64,017 | +38.2% |
| Amounts payable after more than one year | 17 | €140,000 | €175,000 | +€35,000 | +25.0% |
| Financial debts | 170/4 | €140,000 | €175,000 | +€35,000 | +25.0% |
| Amounts payable within one year | 42/48 | €27,557 | €56,574 | +€29,017 | +105% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €22,935 | €15,878 | -€7,056 | -30.8% |
| Suppliers | 440/4 | €22,935 | €15,878 | -€7,056 | -30.8% |
| Taxes, remuneration and social security | 45 | €709 | €772 | +€64 | +9.0% |
| Taxes | 450/3 | €709 | €772 | +€64 | +9.0% |
| Other amounts payable | 47/48 | €3,914 | €39,924 | +€36,010 | +920% |
| Non-recurring operating income | 76A | - | €8,185 | +€8,185 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,743 | €4,450 | -€293 | -6.2% |
| Other operating charges | 640/8 | €941 | €772 | -€169 | -17.9% |
| Non-recurring operating charges | 66A | - | €475 | +€475 | |
| Gross operating margin | 9900 | €12,998 | €34,123 | +€21,126 | +163% |
| Operating profit (loss) | 9901 | €7,314 | €28,426 | +€21,113 | +289% |
| Financial income | 75/76B | €18,484 | €15,088 | -€3,396 | -18.4% |
| Recurring financial income | 75 | €18,484 | €15,088 | -€3,396 | -18.4% |
| Financial charges | 65/66B | €1,448 | €3,413 | +€1,965 | +136% |
| Recurring financial charges | 65 | €1,448 | €3,413 | +€1,965 | +136% |
| Profit (loss) for the period before taxes | 9903 | €24,349 | €40,101 | +€15,752 | +64.7% |
| Income taxes | 67/77 | - | €1,396 | +€1,396 | |
| Profit (loss) for the period | 9904 | €24,349 | €38,705 | +€14,356 | +59.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,349 | €38,705 | +€14,356 | +59.0% |
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 20 October 2026 via checked.be.