NIMZU AND MORE: what changed
NIMZU AND MORE
Largest movements
- Cash +€45,939
up €45,939 (+230%), from €19,936 to €65,874
mainly Other debts (+€61,669) and Trade debts (+€12,274)
- Receivables within one year +€14,060
up €14,060 (+121%), from €11,586 to €25,646
of which Other amounts receivable: +€7,692
- Stocks and contracts -€6,702
down €6,702 (-49.7%), from €13,498 to €6,796
- Deferred charges and accrued income +€3,078
up €3,078 (+111%), from €2,769 to €5,847
- Tangible fixed assets -€2,844
down €2,844 (-7.1%), from €40,042 to €37,198
of which Other tangible fixed assets: -€4,630
- Other debts +€61,669
up €61,669 (+1,747%), from €3,530 to €65,198
- Tax, wage and social debts -€16,225
down €16,225 (-66.9%), from €24,256 to €8,031
of which Taxes: -€16,296
- Trade debts +€12,274
up €12,274 (+44.1%), from €27,845 to €40,119
- Reserves -€4,375
down €4,375 (-13.7%), from €31,820 to €27,445
- Gross operating margin -€7,893
down €7,893 (-22.1%), from €35,719 to €27,826
- Staff costs +€1,752
up €1,752 (+8.2%), from €21,367 to €23,119
- Taxes -€1,603
no longer reported in 2025 (was €1,603)
- Depreciation +€1,144
up €1,144 (+17.8%), from €6,413 to €7,557
- Other operating charges +€650
up €650 (+129%), from €505 to €1,155
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €88,523 | €141,794 | +€53,271 | +60.2% |
| Formation expenses | 20 | €692 | €432 | -€259 | -37.5% |
| Fixed assets | 21/28 | €40,042 | €37,198 | -€2,844 | -7.1% |
| Tangible fixed assets | 22/27 | €40,042 | €37,198 | -€2,844 | -7.1% |
| Plant, machinery and equipment | 23 | €7,395 | €5,365 | -€2,030 | -27.5% |
| Furniture and vehicles | 24 | - | €3,816 | +€3,816 | |
| Other tangible fixed assets | 26 | €32,647 | €28,017 | -€4,630 | -14.2% |
| Current assets | 29/58 | €47,789 | €104,163 | +€56,374 | +118% |
| Stocks and contracts in progress | 3 | €13,498 | €6,796 | -€6,702 | -49.7% |
| Stocks | 30/36 | €13,498 | €6,796 | -€6,702 | -49.7% |
| Amounts receivable within one year | 40/41 | €11,586 | €25,646 | +€14,060 | +121% |
| Trade receivables | 40 | €8,496 | €14,864 | +€6,368 | +75.0% |
| Other amounts receivable | 41 | €3,090 | €10,782 | +€7,692 | +249% |
| Cash at bank and in hand | 54/58 | €19,936 | €65,874 | +€45,939 | +230% |
| Deferred charges and accrued income | 490/1 | €2,769 | €5,847 | +€3,078 | +111% |
| Total equity and liabilities | 10/49 | €88,523 | €141,794 | +€53,271 | +60.2% |
| Equity | 10/15 | €32,820 | €28,445 | -€4,375 | -13.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €31,820 | €27,445 | -€4,375 | -13.7% |
| Distributable reserves | 133 | €31,820 | €27,445 | -€4,375 | -13.7% |
| Amounts payable | 17/49 | €55,702 | €113,348 | +€57,646 | +103% |
| Amounts payable within one year | 42/48 | €55,630 | €113,348 | +€57,718 | +104% |
| Trade debts | 44 | €27,845 | €40,119 | +€12,274 | +44.1% |
| Suppliers | 440/4 | €27,845 | €40,119 | +€12,274 | +44.1% |
| Taxes, remuneration and social security | 45 | €24,256 | €8,031 | -€16,225 | -66.9% |
| Taxes | 450/3 | €18,356 | €2,059 | -€16,296 | -88.8% |
| Remuneration and social security | 454/9 | €5,900 | €5,971 | +€72 | +1.2% |
| Other amounts payable | 47/48 | €3,530 | €65,198 | +€61,669 | +1,747% |
| Accrued charges and deferred income | 492/3 | €72 | - | -€72 | |
| Remuneration, social security and pensions | 62 | €21,367 | €23,119 | +€1,752 | +8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,413 | €7,557 | +€1,144 | +17.8% |
| Other operating charges | 640/8 | €505 | €1,155 | +€650 | +129% |
| Non-recurring operating charges | 66A | €2,500 | - | -€2,500 | |
| Gross operating margin | 9900 | €35,719 | €27,826 | -€7,893 | -22.1% |
| Operating profit (loss) | 9901 | €4,933 | -€4,005 | -€8,939 | |
| Financial income | 75/76B | €3 | €3 | +€0 | +10.7% |
| Recurring financial income | 75 | €3 | €3 | +€0 | +10.7% |
| Financial charges | 65/66B | €182 | €372 | +€190 | +104% |
| Recurring financial charges | 65 | €182 | €372 | +€190 | +104% |
| Profit (loss) for the period before taxes | 9903 | €4,754 | -€4,375 | -€9,129 | |
| Income taxes | 67/77 | €1,603 | - | -€1,603 | |
| Profit (loss) for the period | 9904 | €3,151 | -€4,375 | -€7,526 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,151 | -€4,375 | -€7,526 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.