NINIX TECHNOLOGIES: what changed
Two financial 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.
NINIX TECHNOLOGIES
Largest movements
- Tangible fixed assets +€1.2m
up €1.2m (+124.3%), from €1.0m to €2.3m
of which Land and buildings: +€1.2m
- Cash -€420,455
down €420,455 (-88.2%), from €476,941 to €56,485
mainly Investment in fixed assets (net) (-€1.6m) and Net result for the year (-€684,783)
- Stocks and contracts -€189,825
down €189,825 (-17.3%), from €1.1m to €908,615
of which Contracts in progress: -€282,273
- Intangible fixed assets +€143,087
up €143,087 (+2158.5%), from €6,629 to €149,716
- Revaluation surpluses +€1.2m
new in 2025: €1.2m
- Profit (loss) carried forward -€684,783
down €684,783 (-42.4%), from €1.6m to €930,741
- Advances received +€328,970
up €328,970 (+386.7%), from €85,076 to €414,046
- Trade debts -€265,260
down €265,260 (-46.0%), from €577,198 to €311,938
- Short-term financial debts +€150,000
new in 2025: €150,000
- Gross operating margin -€551,859
down €551,859 (-24.1%), from €2.3m to €1.7m
- Staff costs +€91,274
up €91,274 (+4.7%), from €1.9m to €2.0m
- Depreciation +€41,124
up €41,124 (+28.6%), from €143,565 to €184,689
- Provisions +€36,409
up €36,409 (+27.2%), from €133,743 to €170,153
- Taxes -€26,580
down €26,580 (-90.6%), from €29,345 to €2,765
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 | €3,443,759 | €4,235,893 | +€792,134 | +23.0% |
| Fixed assets | 21/28 | €1,011,053 | €2,403,436 | +€1.4m | +137.7% |
| Intangible fixed assets | 21 | €6,629 | €149,716 | +€143,087 | +2158.5% |
| Tangible fixed assets | 22/27 | €1,004,424 | €2,253,356 | +€1.2m | +124.3% |
| Land and buildings | 22 | €824,777 | €2,018,469 | +€1.2m | +144.7% |
| Plant, machinery and equipment | 23 | €95,192 | €167,778 | +€72,587 | +76.3% |
| Furniture and vehicles | 24 | €84,455 | €67,109 | -€17,346 | -20.5% |
| Financial fixed assets | 28 | - | €363 | +€363 | |
| Current assets | 29/58 | €2,432,706 | €1,832,458 | -€600,248 | -24.7% |
| Stocks and contracts in progress | 3 | €1,098,441 | €908,615 | -€189,825 | -17.3% |
| Stocks | 30/36 | €365,068 | €457,516 | +€92,448 | +25.3% |
| Contracts in progress | 37 | €733,372 | €451,099 | -€282,273 | -38.5% |
| Amounts receivable within one year | 40/41 | €826,693 | €817,261 | -€9,432 | -1.1% |
| Trade receivables | 40 | €629,607 | €692,677 | +€63,070 | +10.0% |
| Other amounts receivable | 41 | €197,086 | €124,584 | -€72,503 | -36.8% |
| Cash at bank and in hand | 54/58 | €476,941 | €56,485 | -€420,455 | -88.2% |
| Deferred charges and accrued income | 490/1 | €30,631 | €50,096 | +€19,465 | +63.5% |
| Total equity and liabilities | 10/49 | €3,443,759 | €4,235,893 | +€792,134 | +23.0% |
| Equity | 10/15 | €2,197,424 | €2,753,235 | +€555,811 | +25.3% |
| Contributions | 10/11 | €529,000 | €529,000 | = | 0.0% |
| Capital | 10 | €529,000 | €529,000 | = | 0.0% |
| Issued capital | 100 | €529,000 | €529,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €1,240,594 | +€1.2m | |
| Reserves | 13 | €52,900 | €52,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €52,900 | €52,900 | = | 0.0% |
| Legal reserve | 130 | €52,900 | €52,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,615,524 | €930,741 | -€684,783 | -42.4% |
| Provisions and deferred taxes | 16 | €133,743 | €200 | -€133,543 | -99.9% |
| Provisions for liabilities and charges | 160/5 | €133,743 | €200 | -€133,543 | -99.9% |
| Other liabilities and charges | 164/5 | €133,743 | €200 | -€133,543 | -99.9% |
| Amounts payable | 17/49 | €1,112,592 | €1,482,458 | +€369,867 | +33.2% |
| Amounts payable after more than one year | 17 | €209,375 | €331,875 | +€122,500 | +58.5% |
| Financial debts | 170/4 | €209,375 | €331,875 | +€122,500 | +58.5% |
| Amounts payable within one year | 42/48 | €903,217 | €1,147,155 | +€243,939 | +27.0% |
| Current portion of amounts payable after more than one year | 42 | €37,500 | €37,500 | = | 0.0% |
| Financial debts | 43 | - | €150,000 | +€150,000 | |
| Other loans | 439 | - | €150,000 | +€150,000 | |
| Trade debts | 44 | €577,198 | €311,938 | -€265,260 | -46.0% |
| Suppliers | 440/4 | €577,198 | €311,938 | -€265,260 | -46.0% |
| Advances received on contracts in progress | 46 | €85,076 | €414,046 | +€328,970 | +386.7% |
| Taxes, remuneration and social security | 45 | €203,443 | €233,672 | +€30,229 | +14.9% |
| Taxes | 450/3 | - | €21,200 | +€21,200 | |
| Remuneration and social security | 454/9 | €203,443 | €212,472 | +€9,029 | +4.4% |
| Accrued charges and deferred income | 492/3 | - | €3,428 | +€3,428 | |
| Remuneration, social security and pensions | 62 | €1,948,652 | €2,039,926 | +€91,274 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €143,565 | €184,689 | +€41,124 | +28.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €6,662 | +€6,662 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €133,743 | €170,153 | +€36,409 | +27.2% |
| Other operating charges | 640/8 | €27,910 | €26,553 | -€1,357 | -4.9% |
| Gross operating margin | 9900 | €2,292,898 | €1,741,039 | -€551,859 | -24.1% |
| Operating profit (loss) | 9901 | €39,027 | -€686,943 | -€725,970 | |
| Financial income | 75/76B | €68,016 | €48,279 | -€19,737 | -29.0% |
| Recurring financial income | 75 | €58,916 | €31,910 | -€27,005 | -45.8% |
| Non-recurring financial income | 76B | €9,100 | €16,369 | +€7,269 | +79.9% |
| Financial charges | 65/66B | €38,877 | €43,354 | +€4,477 | +11.5% |
| Recurring financial charges | 65 | €38,877 | €43,354 | +€4,477 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €68,165 | -€682,018 | -€750,183 | |
| Income taxes | 67/77 | €29,345 | €2,765 | -€26,580 | -90.6% |
| Profit (loss) for the period | 9904 | €38,820 | -€684,783 | -€723,603 | |
| Profit (loss) for the period to be appropriated | 9905 | €38,820 | -€684,783 | -€723,603 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.