NINJA HOUSE: 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.
NINJA HOUSE
Largest movements
- Cash +€153,363
up €153,363 (+42.6%), from €359,847 to €513,210
mainly Net result for the year (+€229,448) and Receivables within one year (+€85,649)
- Receivables within one year -€85,649
down €85,649 (-15.5%), from €553,970 to €468,321
of which Trade receivables: -€166,484
- Stocks and contracts -€20,470
down €20,470 (-67.6%), from €30,273 to €9,803
- Tangible fixed assets -€18,013
down €18,013 (-2.4%), from €756,191 to €738,177
of which Other tangible fixed assets: -€11,892
- Reserves +€576,544
up €576,544 (+998%), from €57,750 to €634,294
of which Distributable reserves: +€576,544
- Profit (loss) carried forward -€347,096
down €347,096 (-100%), from €347,096 to €0
- Accrued charges and deferred income -€117,531
down €117,531 (-68.9%), from €170,677 to €53,147
- Debts after one year -€81,994
down €81,994 (-9.4%), from €871,712 to €789,718
of which Financial debts: -€83,194
- Tax, wage and social debts +€56,392
up €56,392 (+95.4%), from €59,089 to €115,481
of which Taxes: +€46,876
- Gross operating margin +€124,214
up €124,214 (+18.4%), from €674,668 to €798,882
- Taxes -€101,994
down €101,994, from €99,043 to -€2,951
- Depreciation -€42,736
down €42,736 (-37.7%), from €113,476 to €70,740
- Financial charges +€9,677
up €9,677 (+30.8%), from €31,414 to €41,092
- Financial income +€9,549
up €9,549 (+568%), from €1,680 to €11,230
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.
Derived cash bridge
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 | €1,703,133 | €1,737,668 | +€34,536 | +2.0% |
| Fixed assets | 21/28 | €759,043 | €741,529 | -€17,514 | -2.3% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €756,191 | €738,177 | -€18,013 | -2.4% |
| Land and buildings | 22 | €112,553 | €107,720 | -€4,833 | -4.3% |
| Plant, machinery and equipment | 23 | €4,305 | €2,418 | -€1,886 | -43.8% |
| Furniture and vehicles | 24 | €2,055 | €2,653 | +€598 | +29.1% |
| Other tangible fixed assets | 26 | €637,278 | €625,385 | -€11,892 | -1.9% |
| Financial fixed assets | 28 | €2,853 | €3,352 | +€499 | +17.5% |
| Current assets | 29/58 | €944,090 | €996,139 | +€52,050 | +5.5% |
| Stocks and contracts in progress | 3 | €30,273 | €9,803 | -€20,470 | -67.6% |
| Stocks | 30/36 | €30,273 | €9,803 | -€20,470 | -67.6% |
| Amounts receivable within one year | 40/41 | €553,970 | €468,321 | -€85,649 | -15.5% |
| Trade receivables | 40 | €172,531 | €6,047 | -€166,484 | -96.5% |
| Other amounts receivable | 41 | €381,439 | €462,274 | +€80,835 | +21.2% |
| Cash at bank and in hand | 54/58 | €359,847 | €513,210 | +€153,363 | +42.6% |
| Deferred charges and accrued income | 490/1 | €0 | €4,806 | +€4,806 | |
| Total equity and liabilities | 10/49 | €1,703,133 | €1,737,668 | +€34,536 | +2.0% |
| Equity | 10/15 | €423,446 | €652,894 | +€229,448 | +54.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €57,750 | €634,294 | +€576,544 | +998% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €1,500 | €578,044 | +€576,544 | +38,436% |
| Profit (loss) carried forward | 14 | €347,096 | €0 | -€347,096 | -100% |
| Amounts payable | 17/49 | €1,279,687 | €1,084,775 | -€194,913 | -15.2% |
| Amounts payable after more than one year | 17 | €871,712 | €789,718 | -€81,994 | -9.4% |
| Financial debts | 170/4 | €870,312 | €787,118 | -€83,194 | -9.6% |
| Other amounts payable | 178/9 | €1,400 | €2,600 | +€1,200 | +85.7% |
| Amounts payable within one year | 42/48 | €237,298 | €241,910 | +€4,612 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €126,182 | €83,194 | -€42,987 | -34.1% |
| Trade debts | 44 | €48,976 | €32,069 | -€16,907 | -34.5% |
| Suppliers | 440/4 | €48,976 | €32,069 | -€16,907 | -34.5% |
| Taxes, remuneration and social security | 45 | €59,089 | €115,481 | +€56,392 | +95.4% |
| Taxes | 450/3 | €38,792 | €85,668 | +€46,876 | +121% |
| Remuneration and social security | 454/9 | €20,297 | €29,813 | +€9,516 | +46.9% |
| Other amounts payable | 47/48 | €3,051 | €11,166 | +€8,115 | +266% |
| Accrued charges and deferred income | 492/3 | €170,677 | €53,147 | -€117,531 | -68.9% |
| Remuneration, social security and pensions | 62 | €402,800 | €399,681 | -€3,119 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,476 | €70,740 | -€42,736 | -37.7% |
| Other operating charges | 640/8 | €20,638 | €21,046 | +€408 | +2.0% |
| Non-recurring operating charges | 66A | - | €51,057 | +€51,057 | |
| Gross operating margin | 9900 | €674,668 | €798,882 | +€124,214 | +18.4% |
| Operating profit (loss) | 9901 | €137,754 | €256,359 | +€118,605 | +86.1% |
| Financial income | 75/76B | €1,680 | €11,230 | +€9,549 | +568% |
| Recurring financial income | 75 | €1,680 | €11,230 | +€9,549 | +568% |
| Financial charges | 65/66B | €31,414 | €41,092 | +€9,677 | +30.8% |
| Recurring financial charges | 65 | €31,414 | €41,092 | +€9,677 | +30.8% |
| Profit (loss) for the period before taxes | 9903 | €108,020 | €226,497 | +€118,477 | +110% |
| Income taxes | 67/77 | €99,043 | -€2,951 | -€101,994 | |
| Profit (loss) for the period | 9904 | €8,977 | €229,448 | +€220,471 | +2,456% |
| Profit (loss) for the period to be appropriated | 9905 | €8,977 | €229,448 | +€220,471 | +2,456% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.