NINA: what changed
Two fiscal 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.
NINA
Largest movements
- Deferred charges and accrued income +€74,355
up €74,355 (+31.0%), from €240,138 to €314,493
- Cash -€62,456
down €62,456 (-53.0%), from €117,939 to €55,483
- Receivables within one year +€23,528
up €23,528 (+116.9%), from €20,126 to €43,654
of which Other amounts receivable: +€20,000
- Reserves +€102,079
up €102,079 (+33.0%), from €309,314 to €411,393
- Profit (loss) carried forward -€102,079
down €102,079, from €27,724 to -€74,355
- Trade debts +€43,631
up €43,631 (+132.4%), from €32,961 to €76,592
- Other debts -€5,000
no longer reported in 2024 (was €5,000)
- Gross operating margin -€679,398
no longer reported in 2024 (was €679,398)
- Depreciation -€530,729
no longer reported in 2024 (was €530,729)
- Staff costs -€114,899
no longer reported in 2024 (was €114,899)
From the 2023 result to the 2024 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €378,203 | €413,630 | +€35,427 | +9.4% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Current assets | 29/58 | €378,203 | €413,630 | +€35,427 | +9.4% |
| Amounts receivable within one year | 40/41 | €20,126 | €43,654 | +€23,528 | +116.9% |
| Trade receivables | 40 | €10,126 | €13,654 | +€3,528 | +34.8% |
| Other amounts receivable | 41 | €10,000 | €30,000 | +€20,000 | +200.0% |
| Cash at bank and in hand | 54/58 | €117,939 | €55,483 | -€62,456 | -53.0% |
| Deferred charges and accrued income | 490/1 | €240,138 | €314,493 | +€74,355 | +31.0% |
| Total equity and liabilities | 10/49 | €378,203 | €413,630 | +€35,427 | +9.4% |
| Equity | 10/15 | €337,038 | €337,038 | = | 0.0% |
| Reserves | 13 | €309,314 | €411,393 | +€102,079 | +33.0% |
| Non-distributable reserves | 130/1 | €309,314 | €411,393 | +€102,079 | +33.0% |
| Reserves not available under the articles | 1311 | - | €411,393 | +€411,393 | |
| Other | 1319 | €309,314 | - | -€309,314 | |
| Profit (loss) carried forward | 14 | €27,724 | -€74,355 | -€102,079 | |
| Advance to shareholders on the distribution of net assets | 19 | €0 | - | = | |
| Amounts payable | 17/49 | €41,165 | €76,592 | +€35,427 | +86.1% |
| Amounts payable within one year | 42/48 | €41,165 | €76,592 | +€35,427 | +86.1% |
| Trade debts | 44 | €32,961 | €76,592 | +€43,631 | +132.4% |
| Suppliers | 440/4 | €32,961 | €76,592 | +€43,631 | +132.4% |
| Taxes, remuneration and social security | 45 | €3,204 | - | -€3,204 | |
| Remuneration and social security | 454/9 | €3,204 | - | -€3,204 | |
| Other amounts payable | 47/48 | €5,000 | - | -€5,000 | |
| Remuneration, social security and pensions | 62 | €114,899 | - | -€114,899 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €530,729 | - | -€530,729 | |
| Other operating charges | 640/8 | €6,046 | - | -€6,046 | |
| Gross operating margin | 9900 | €679,398 | - | -€679,398 | |
| Operating profit (loss) | 9901 | €27,724 | - | -€27,724 | |
| Profit (loss) for the period before taxes | 9903 | €27,724 | - | -€27,724 | |
| Profit (loss) for the period | 9904 | €27,724 | - | -€27,724 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,724 | - | -€27,724 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.