NiNe Creations: what changed
NiNe Creations
Largest movements
- Tangible fixed assets +€105,677
up €105,677 (+84.4%), from €125,143 to €230,820
of which Plant, machinery and equipment: +€64,911
- Cash +€33,958
up €33,958 (+123%), from €27,700 to €61,658
mainly Debts after one year (+€139,622) and Depreciation (+€43,533)
- Stocks and contracts +€7,500
up €7,500 (+100%), from €7,500 to €15,000
- Debts after one year +€139,622
up €139,622 (+173%), from €80,898 to €220,520
- Current portion of long-term debt +€22,031
up €22,031 (+264%), from €8,347 to €30,378
- Other debts -€15,956
down €15,956 (-52.7%), from €30,293 to €14,337
- Profit (loss) carried forward +€11,329
up €11,329 (+36.4%), from €31,142 to €42,471
- Trade debts -€9,572
down €9,572 (-68.4%), from €13,994 to €4,423
- Gross operating margin +€29,747
up €29,747 (+42.9%), from €69,408 to €99,154
- Staff costs +€29,016
new in 2025: €29,016
- Depreciation +€18,197
up €18,197 (+71.8%), from €25,336 to €43,533
- Financial charges +€3,140
up €3,140 (+44.2%), from €7,106 to €10,246
- Taxes -€2,826
down €2,826 (-50.2%), from €5,630 to €2,804
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 | €192,405 | €343,380 | +€150,975 | +78.5% |
| Fixed assets | 21/28 | €125,143 | €230,820 | +€105,677 | +84.4% |
| Tangible fixed assets | 22/27 | €125,143 | €230,820 | +€105,677 | +84.4% |
| Plant, machinery and equipment | 23 | €118,419 | €183,330 | +€64,911 | +54.8% |
| Furniture and vehicles | 24 | €6,725 | €5,104 | -€1,621 | -24.1% |
| Other tangible fixed assets | 26 | - | €42,386 | +€42,386 | |
| Current assets | 29/58 | €67,261 | €112,560 | +€45,299 | +67.3% |
| Stocks and contracts in progress | 3 | €7,500 | €15,000 | +€7,500 | +100% |
| Stocks | 30/36 | €7,500 | €15,000 | +€7,500 | +100% |
| Amounts receivable within one year | 40/41 | €30,592 | €31,547 | +€954 | +3.1% |
| Trade receivables | 40 | €15,129 | €31,547 | +€16,418 | +109% |
| Other amounts receivable | 41 | €15,463 | - | -€15,463 | |
| Cash at bank and in hand | 54/58 | €27,700 | €61,658 | +€33,958 | +123% |
| Deferred charges and accrued income | 490/1 | €1,469 | €4,355 | +€2,887 | +197% |
| Total equity and liabilities | 10/49 | €192,405 | €343,380 | +€150,975 | +78.5% |
| Equity | 10/15 | €51,142 | €62,471 | +€11,329 | +22.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,142 | €42,471 | +€11,329 | +36.4% |
| Amounts payable | 17/49 | €141,263 | €280,909 | +€139,646 | +98.9% |
| Amounts payable after more than one year | 17 | €80,898 | €220,520 | +€139,622 | +173% |
| Financial debts | 170/4 | €80,898 | €220,520 | +€139,622 | +173% |
| Amounts payable within one year | 42/48 | €60,365 | €60,389 | +€24 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €8,347 | €30,378 | +€22,031 | +264% |
| Trade debts | 44 | €13,994 | €4,423 | -€9,572 | -68.4% |
| Suppliers | 440/4 | €13,994 | €4,423 | -€9,572 | -68.4% |
| Taxes, remuneration and social security | 45 | €7,730 | €11,251 | +€3,521 | +45.5% |
| Taxes | 450/3 | €7,730 | €5,342 | -€2,388 | -30.9% |
| Remuneration and social security | 454/9 | - | €5,909 | +€5,909 | |
| Other amounts payable | 47/48 | €30,293 | €14,337 | -€15,956 | -52.7% |
| Non-recurring operating income | 76A | - | €1,711 | +€1,711 | |
| Remuneration, social security and pensions | 62 | - | €29,016 | +€29,016 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,336 | €43,533 | +€18,197 | +71.8% |
| Other operating charges | 640/8 | €1,266 | €1,223 | -€44 | -3.5% |
| Non-recurring operating charges | 66A | €52 | €2,316 | +€2,265 | +4,362% |
| Gross operating margin | 9900 | €69,408 | €99,154 | +€29,747 | +42.9% |
| Operating profit (loss) | 9901 | €42,753 | €23,066 | -€19,687 | -46.0% |
| Financial income | 75/76B | €1,125 | €1,313 | +€189 | +16.8% |
| Recurring financial income | 75 | €1,125 | €1,313 | +€189 | +16.8% |
| Financial charges | 65/66B | €7,106 | €10,246 | +€3,140 | +44.2% |
| Recurring financial charges | 65 | €7,106 | €10,246 | +€3,140 | +44.2% |
| Profit (loss) for the period before taxes | 9903 | €36,772 | €14,134 | -€22,639 | -61.6% |
| Income taxes | 67/77 | €5,630 | €2,804 | -€2,826 | -50.2% |
| Profit (loss) for the period | 9904 | €31,142 | €11,329 | -€19,813 | -63.6% |
| Profit (loss) for the period to be appropriated | 9905 | €31,142 | €11,329 | -€19,813 | -63.6% |
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 5 November 2026 via checked.be.