NINI NINI: 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 NINI
Largest movements
- Receivables within one year -€34,018
down €34,018 (-95.2%), from €35,741 to €1,724
- Tangible fixed assets -€9,401
down €9,401 (-37.2%), from €25,242 to €15,841
- Financial fixed assets +€3,660
up €3,660 (+73.8%), from €4,960 to €8,620
- Stocks and contracts -€2,030
down €2,030 (-36.8%), from €5,510 to €3,480
- Trade debts -€33,190
down €33,190 (-88.1%), from €37,653 to €4,463
- Current portion of long-term debt -€8,953
no longer reported in 2023 (was €8,953)
- Short-term financial debts -€8,279
down €8,279 (-99.0%), from €8,367 to €88
- Profit (loss) carried forward +€4,397
up €4,397 (+36.2%), from €12,140 to €16,537
- Other debts +€3,334
new in 2023: €3,334
- Turnover -€104,171
down €104,171 (-50.3%), from €207,208 to €103,037
- Purchases and services -€73,379
down €73,379 (-44.3%), from €165,548 to €92,170
- Gross operating margin -€29,616
down €29,616 (-71.1%), from €41,660 to €12,044
- Staff costs -€20,264
no longer reported in 2023 (was €20,264)
- Taxes -€2,449
down €2,449 (-69.0%), from €3,548 to €1,099
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €76,159 | €34,070 | -€42,089 | -55.3% |
| Formation expenses | 20 | €334 | - | -€334 | |
| Fixed assets | 21/28 | €30,202 | €24,461 | -€5,741 | -19.0% |
| Tangible fixed assets | 22/27 | €25,242 | €15,841 | -€9,401 | -37.2% |
| Plant, machinery and equipment | 23 | €25,242 | €15,841 | -€9,401 | -37.2% |
| Financial fixed assets | 28 | €4,960 | €8,620 | +€3,660 | +73.8% |
| Current assets | 29/58 | €45,624 | €9,609 | -€36,015 | -78.9% |
| Stocks and contracts in progress | 3 | €5,510 | €3,480 | -€2,030 | -36.8% |
| Stocks | 30/36 | €5,510 | €3,480 | -€2,030 | -36.8% |
| Amounts receivable within one year | 40/41 | €35,741 | €1,724 | -€34,018 | -95.2% |
| Other amounts receivable | 41 | €35,741 | €1,724 | -€34,018 | -95.2% |
| Cash at bank and in hand | 54/58 | €4,372 | €4,406 | +€33 | +0.8% |
| Total equity and liabilities | 10/49 | €76,159 | €34,070 | -€42,089 | -55.3% |
| Equity | 10/15 | €17,140 | €21,537 | +€4,397 | +25.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | €5,000 | - | -€5,000 | |
| Other | 1109/19 | €5,000 | - | -€5,000 | |
| Profit (loss) carried forward | 14 | €12,140 | €16,537 | +€4,397 | +36.2% |
| Amounts payable | 17/49 | €59,019 | €12,533 | -€46,487 | -78.8% |
| Amounts payable within one year | 42/48 | €59,019 | €12,533 | -€46,487 | -78.8% |
| Current portion of amounts payable after more than one year | 42 | €8,953 | - | -€8,953 | |
| Financial debts | 43 | €8,367 | €88 | -€8,279 | -99.0% |
| Credit institutions | 430/8 | €8,367 | €88 | -€8,279 | -99.0% |
| Trade debts | 44 | €37,653 | €4,463 | -€33,190 | -88.1% |
| Suppliers | 440/4 | €37,653 | €4,463 | -€33,190 | -88.1% |
| Taxes, remuneration and social security | 45 | €4,047 | €4,648 | +€601 | +14.8% |
| Taxes | 450/3 | €4,047 | €4,648 | +€601 | +14.8% |
| Other amounts payable | 47/48 | - | €3,334 | +€3,334 | |
| Turnover | 70 | €207,208 | €103,037 | -€104,171 | -50.3% |
| Non-recurring operating income | 76A | - | €1,176 | +€1,176 | |
| Goods, raw materials, services and sundry goods | 60/61 | €165,548 | €92,170 | -€73,379 | -44.3% |
| Remuneration, social security and pensions | 62 | €20,264 | - | -€20,264 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,644 | €6,644 | +€0 | 0.0% |
| Gross operating margin | 9900 | €41,660 | €12,044 | -€29,616 | -71.1% |
| Operating profit (loss) | 9901 | €14,753 | €5,400 | -€9,353 | -63.4% |
| Financial income | 75/76B | - | €400 | +€400 | |
| Recurring financial income | 75 | - | €400 | +€400 | |
| Financial charges | 65/66B | €560 | €303 | -€257 | -45.9% |
| Recurring financial charges | 65 | €560 | €303 | -€257 | -45.9% |
| Profit (loss) for the period before taxes | 9903 | €14,193 | €5,497 | -€8,696 | -61.3% |
| Income taxes | 67/77 | €3,548 | €1,099 | -€2,449 | -69.0% |
| Profit (loss) for the period | 9904 | €10,645 | €4,397 | -€6,247 | -58.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,645 | €4,397 | -€6,247 | -58.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.