NINE-X: 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.
NINE-X
Largest movements
- Tangible fixed assets -€16,746
down €16,746 (-37.6%), from €44,482 to €27,736
of which Leasing and similar rights: -€15,116
- Receivables within one year -€5,993
down €5,993 (-18.7%), from €32,100 to €26,107
of which Other amounts receivable: -€4,023
- Cash -€1,532
down €1,532 (-100.0%), from €1,532 to €0
mainly Debts after one year (-€15,600) and Net result for the year (-€7,871)
- Debts after one year -€15,600
down €15,600 (-56.2%), from €27,753 to €12,154
- Profit (loss) carried forward -€7,871
down €7,871 (-12.2%), from -€64,545 to -€72,416
- Other debts -€4,529
down €4,529 (-6.5%), from €69,363 to €64,835
- Short-term financial debts +€2,561
up €2,561 (+14235.2%), from €18 to €2,579
- Tax, wage and social debts +€1,494
up €1,494 (+14.1%), from €10,563 to €12,057
of which Taxes: +€1,494
- Gross operating margin -€29,684
down €29,684 (-65.0%), from €45,660 to €15,976
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €81,790 | €57,605 | -€24,185 | -29.6% |
| Fixed assets | 21/28 | €44,782 | €28,036 | -€16,746 | -37.4% |
| Tangible fixed assets | 22/27 | €44,482 | €27,736 | -€16,746 | -37.6% |
| Plant, machinery and equipment | 23 | €876 | €0 | -€876 | -100.0% |
| Furniture and vehicles | 24 | €1,945 | €1,190 | -€754 | -38.8% |
| Leasing and similar rights | 25 | €41,662 | €26,546 | -€15,116 | -36.3% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €37,008 | €29,569 | -€7,439 | -20.1% |
| Amounts receivable within one year | 40/41 | €32,100 | €26,107 | -€5,993 | -18.7% |
| Trade receivables | 40 | €14,077 | €12,107 | -€1,970 | -14.0% |
| Other amounts receivable | 41 | €18,023 | €14,000 | -€4,023 | -22.3% |
| Cash at bank and in hand | 54/58 | €1,532 | €0 | -€1,532 | -100.0% |
| Deferred charges and accrued income | 490/1 | €3,376 | €3,463 | +€87 | +2.6% |
| Total equity and liabilities | 10/49 | €81,790 | €57,605 | -€24,185 | -29.6% |
| Equity | 10/15 | -€44,085 | -€51,956 | -€7,871 | -17.9% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€64,545 | -€72,416 | -€7,871 | -12.2% |
| Amounts payable | 17/49 | €125,875 | €109,561 | -€16,314 | -13.0% |
| Amounts payable after more than one year | 17 | €27,753 | €12,154 | -€15,600 | -56.2% |
| Financial debts | 170/4 | €27,753 | €12,154 | -€15,600 | -56.2% |
| Amounts payable within one year | 42/48 | €98,122 | €97,407 | -€714 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | €15,787 | €15,600 | -€187 | -1.2% |
| Financial debts | 43 | €18 | €2,579 | +€2,561 | +14235.2% |
| Credit institutions | 430/8 | €18 | €2,579 | +€2,561 | +14235.2% |
| Trade debts | 44 | €2,390 | €2,337 | -€53 | -2.2% |
| Suppliers | 440/4 | €2,390 | €2,337 | -€53 | -2.2% |
| Taxes, remuneration and social security | 45 | €10,563 | €12,057 | +€1,494 | +14.1% |
| Taxes | 450/3 | €8,160 | €9,654 | +€1,494 | +18.3% |
| Remuneration and social security | 454/9 | €2,403 | €2,403 | = | 0.0% |
| Other amounts payable | 47/48 | €69,363 | €64,835 | -€4,529 | -6.5% |
| Non-recurring operating income | 76A | - | €1,106 | +€1,106 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,876 | €16,746 | -€130 | -0.8% |
| Other operating charges | 640/8 | €3,097 | €3,541 | +€444 | +14.3% |
| Gross operating margin | 9900 | €45,660 | €15,976 | -€29,684 | -65.0% |
| Operating profit (loss) | 9901 | €25,687 | -€4,311 | -€29,998 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €2,805 | €2,645 | -€160 | -5.7% |
| Recurring financial charges | 65 | €2,805 | €2,645 | -€160 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €22,882 | -€6,956 | -€29,838 | |
| Income taxes | 67/77 | €954 | €915 | -€39 | -4.1% |
| Profit (loss) for the period | 9904 | €21,927 | -€7,871 | -€29,798 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,927 | -€7,871 | -€29,798 |
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 30 September 2026 via checked.be.