NINI-BURGER: 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.
NINI-BURGER
Largest movements
- Cash +€36,316
up €36,316 (+347.5%), from €10,451 to €46,767
mainly Depreciation (+€34,630) and Net result for the year (+€16,377)
- Tangible fixed assets -€22,210
down €22,210 (-27.9%), from €79,558 to €57,349
- Intangible fixed assets -€11,198
down €11,198 (-100.0%), from €11,198 to €0
- Receivables within one year +€3,239
up €3,239 (+211.4%), from €1,532 to €4,771
of which Trade receivables: +€2,364
- Profit (loss) carried forward +€16,377
up €16,377 (+49.1%), from -€33,325 to -€16,948
- Debts after one year -€15,563
down €15,563 (-36.7%), from €42,365 to €26,803
of which Financial debts: -€18,710
- Trade debts +€4,110
up €4,110 (+30.7%), from €13,377 to €17,487
- Tax, wage and social debts +€2,718
up €2,718 (+50.6%), from €5,370 to €8,088
of which Taxes: +€5,224
- Current portion of long-term debt -€1,145
down €1,145 (-5.8%), from €19,855 to €18,710
- Gross operating margin +€40,812
up €40,812 (+74.8%), from €54,526 to €95,339
- Staff costs -€12,999
down €12,999 (-29.0%), from €44,811 to €31,812
- Taxes +€4,109
up €4,109 (+937.6%), from €438 to €4,547
- Depreciation +€2,600
up €2,600 (+8.1%), from €32,031 to €34,630
- Financial charges -€1,366
down €1,366 (-22.0%), from €6,223 to €4,857
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.
Cash bridge derived
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 | €106,305 | €112,803 | +€6,497 | +6.1% |
| Fixed assets | 21/28 | €90,757 | €57,349 | -€33,408 | -36.8% |
| Intangible fixed assets | 21 | €11,198 | €0 | -€11,198 | -100.0% |
| Tangible fixed assets | 22/27 | €79,558 | €57,349 | -€22,210 | -27.9% |
| Plant, machinery and equipment | 23 | €29,425 | €18,845 | -€10,581 | -36.0% |
| Furniture and vehicles | 24 | €38,718 | €30,737 | -€7,981 | -20.6% |
| Other tangible fixed assets | 26 | €11,415 | €7,767 | -€3,648 | -32.0% |
| Current assets | 29/58 | €15,549 | €55,454 | +€39,905 | +256.6% |
| Stocks and contracts in progress | 3 | €3,566 | €3,916 | +€350 | +9.8% |
| Stocks | 30/36 | €3,566 | €3,916 | +€350 | +9.8% |
| Amounts receivable within one year | 40/41 | €1,532 | €4,771 | +€3,239 | +211.4% |
| Trade receivables | 40 | €980 | €3,345 | +€2,364 | +241.2% |
| Other amounts receivable | 41 | €552 | €1,427 | +€875 | +158.6% |
| Cash at bank and in hand | 54/58 | €10,451 | €46,767 | +€36,316 | +347.5% |
| Total equity and liabilities | 10/49 | €106,305 | €112,803 | +€6,497 | +6.1% |
| Equity | 10/15 | €25,338 | €41,715 | +€16,377 | +64.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €38,663 | €38,663 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €36,663 | €36,663 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,325 | -€16,948 | +€16,377 | +49.1% |
| Amounts payable | 17/49 | €80,968 | €71,088 | -€9,880 | -12.2% |
| Amounts payable after more than one year | 17 | €42,365 | €26,803 | -€15,563 | -36.7% |
| Financial debts | 170/4 | €35,353 | €16,643 | -€18,710 | -52.9% |
| Other amounts payable | 178/9 | €7,013 | €10,160 | +€3,147 | +44.9% |
| Amounts payable within one year | 42/48 | €38,602 | €44,285 | +€5,683 | +14.7% |
| Current portion of amounts payable after more than one year | 42 | €19,855 | €18,710 | -€1,145 | -5.8% |
| Trade debts | 44 | €13,377 | €17,487 | +€4,110 | +30.7% |
| Suppliers | 440/4 | €13,377 | €17,487 | +€4,110 | +30.7% |
| Taxes, remuneration and social security | 45 | €5,370 | €8,088 | +€2,718 | +50.6% |
| Taxes | 450/3 | €480 | €5,704 | +€5,224 | +1088.6% |
| Remuneration and social security | 454/9 | €4,890 | €2,384 | -€2,506 | -51.2% |
| Remuneration, social security and pensions | 62 | €44,811 | €31,812 | -€12,999 | -29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,031 | €34,630 | +€2,600 | +8.1% |
| Other operating charges | 640/8 | €4,540 | €3,306 | -€1,234 | -27.2% |
| Gross operating margin | 9900 | €54,526 | €95,339 | +€40,812 | +74.8% |
| Operating profit (loss) | 9901 | -€26,855 | €25,591 | +€52,446 | |
| Financial income | 75/76B | €192 | €190 | -€1 | -0.8% |
| Recurring financial income | 75 | €192 | €190 | -€1 | -0.8% |
| Financial charges | 65/66B | €6,223 | €4,857 | -€1,366 | -22.0% |
| Recurring financial charges | 65 | €6,223 | €4,857 | -€1,366 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | -€32,887 | €20,924 | +€53,811 | |
| Income taxes | 67/77 | €438 | €4,547 | +€4,109 | +937.6% |
| Profit (loss) for the period | 9904 | -€33,325 | €16,377 | +€49,702 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,325 | €16,377 | +€49,702 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.