NINIVE-BAR: 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.
NINIVE-BAR
Largest movements
- Receivables within one year +€84,306
up €84,306 (+695.7%), from €12,119 to €96,425
- Cash -€79,885
down €79,885 (-91.5%), from €87,270 to €7,385
mainly Receivables within one year (-€84,306) and Tax, wage and social debts (-€28,554)
- Tangible fixed assets +€9,759
new in 2024: €9,759
- Stocks and contracts +€1,987
up €1,987 (+446.5%), from €445 to €2,432
- Profit (loss) carried forward +€44,897
up €44,897 (+86.6%), from €51,850 to €96,747
- Tax, wage and social debts -€28,554
no longer reported in 2024 (was €28,554)
of which Remuneration and social security: -€27,360
- Turnover +€131,439
up €131,439 (+95.3%), from €137,931 to €269,369
- Purchases and services +€110,413
up €110,413 (+112.2%), from €98,441 to €208,855
- Gross operating margin +€21,025
up €21,025 (+53.2%), from €39,489 to €60,515
- Staff costs -€14,380
down €14,380 (-46.4%), from €30,988 to €16,609
- Financial income +€3,531
up €3,531 (+2540.3%), from €139 to €3,670
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 | €101,674 | €117,842 | +€16,167 | +15.9% |
| Fixed assets | 21/28 | €1,840 | €11,599 | +€9,759 | +530.4% |
| Tangible fixed assets | 22/27 | - | €9,759 | +€9,759 | |
| Plant, machinery and equipment | 23 | - | €9,759 | +€9,759 | |
| Financial fixed assets | 28 | €1,840 | €1,840 | = | 0.0% |
| Current assets | 29/58 | €99,834 | €106,242 | +€6,408 | +6.4% |
| Stocks and contracts in progress | 3 | €445 | €2,432 | +€1,987 | +446.5% |
| Stocks | 30/36 | €445 | €2,432 | +€1,987 | +446.5% |
| Amounts receivable within one year | 40/41 | €12,119 | €96,425 | +€84,306 | +695.7% |
| Other amounts receivable | 41 | €12,119 | €96,425 | +€84,306 | +695.7% |
| Cash at bank and in hand | 54/58 | €87,270 | €7,385 | -€79,885 | -91.5% |
| Total equity and liabilities | 10/49 | €101,674 | €117,842 | +€16,167 | +15.9% |
| Equity | 10/15 | €71,735 | €116,631 | +€44,897 | +62.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,285 | €1,285 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,285 | €1,285 | = | 0.0% |
| Legal reserve | 130 | €1,285 | €1,285 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,850 | €96,747 | +€44,897 | +86.6% |
| Amounts payable | 17/49 | €29,940 | €1,210 | -€28,729 | -96.0% |
| Amounts payable within one year | 42/48 | €29,940 | €1,210 | -€28,729 | -96.0% |
| Trade debts | 44 | €594 | €418 | -€176 | -29.6% |
| Suppliers | 440/4 | €594 | €418 | -€176 | -29.6% |
| Taxes, remuneration and social security | 45 | €28,554 | - | -€28,554 | |
| Taxes | 450/3 | €1,194 | - | -€1,194 | |
| Remuneration and social security | 454/9 | €27,360 | - | -€27,360 | |
| Other amounts payable | 47/48 | €792 | €792 | = | 0.0% |
| Turnover | 70 | €137,931 | €269,369 | +€131,439 | +95.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €98,441 | €208,855 | +€110,413 | +112.2% |
| Remuneration, social security and pensions | 62 | €30,988 | €16,609 | -€14,380 | -46.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,680 | +€2,680 | |
| Other operating charges | 640/8 | €500 | - | -€500 | |
| Gross operating margin | 9900 | €39,489 | €60,515 | +€21,025 | +53.2% |
| Operating profit (loss) | 9901 | €8,001 | €41,227 | +€33,225 | +415.3% |
| Financial income | 75/76B | €139 | €3,670 | +€3,531 | +2540.3% |
| Recurring financial income | 75 | €139 | €3,670 | +€3,531 | +2540.3% |
| Financial charges | 65/66B | €11 | - | -€11 | |
| Recurring financial charges | 65 | €11 | - | -€11 | |
| Profit (loss) for the period before taxes | 9903 | €8,129 | €44,897 | +€36,767 | +452.3% |
| Profit (loss) for the period | 9904 | €8,129 | €44,897 | +€36,767 | +452.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,129 | €44,897 | +€36,767 | +452.3% |
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 6 October 2026 via checked.be.