Ninnip: 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.
Ninnip
Largest movements
- Receivables after one year -€185,000
down €185,000 (-51.5%), from €359,000 to €174,000
- Receivables within one year -€30,575
down €30,575 (-42.1%), from €72,547 to €41,972
of which Trade receivables: -€27,118
- Tangible fixed assets -€18,089
down €18,089 (-3.3%), from €556,320 to €538,232
of which Land and buildings: -€26,334
- Reserves -€139,193
down €139,193 (-27.5%), from €505,703 to €366,510
of which Distributable reserves: -€139,193
- Other debts -€81,872
down €81,872 (-22.8%), from €359,123 to €277,251
- Debts after one year -€19,673
down €19,673 (-10.3%), from €191,504 to €171,831
- Trade debts -€14,305
down €14,305 (-45.5%), from €31,450 to €17,145
- Gross operating margin +€35,902
up €35,902 (+45.8%), from €78,450 to €114,352
- Taxes +€8,564
up €8,564 (+49.6%), from €17,255 to €25,819
- Financial income -€5,637
down €5,637 (-40.5%), from €13,908 to €8,271
- Other operating charges -€1,954
down €1,954 (-30.7%), from €6,370 to €4,417
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 | €1,157,193 | €916,376 | -€240,818 | -20.8% |
| Fixed assets | 21/28 | €708,920 | €690,832 | -€18,089 | -2.6% |
| Tangible fixed assets | 22/27 | €556,320 | €538,232 | -€18,089 | -3.3% |
| Land and buildings | 22 | €538,159 | €511,825 | -€26,334 | -4.9% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €18,162 | €23,407 | +€5,245 | +28.9% |
| Other tangible fixed assets | 26 | - | €3,000 | +€3,000 | |
| Financial fixed assets | 28 | €152,600 | €152,600 | = | 0.0% |
| Current assets | 29/58 | €448,273 | €225,544 | -€222,729 | -49.7% |
| Amounts receivable after more than one year | 29 | €359,000 | €174,000 | -€185,000 | -51.5% |
| Other amounts receivable | 291 | €359,000 | €174,000 | -€185,000 | -51.5% |
| Amounts receivable within one year | 40/41 | €72,547 | €41,972 | -€30,575 | -42.1% |
| Trade receivables | 40 | €55,384 | €28,265 | -€27,118 | -49.0% |
| Other amounts receivable | 41 | €17,163 | €13,706 | -€3,457 | -20.1% |
| Cash at bank and in hand | 54/58 | €1,229 | €95 | -€1,134 | -92.3% |
| Deferred charges and accrued income | 490/1 | €15,497 | €9,478 | -€6,019 | -38.8% |
| Total equity and liabilities | 10/49 | €1,157,193 | €916,376 | -€240,818 | -20.8% |
| Equity | 10/15 | €525,703 | €386,510 | -€139,193 | -26.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €505,703 | €366,510 | -€139,193 | -27.5% |
| Tax-exempt reserves | 132 | €21,759 | €21,759 | = | 0.0% |
| Distributable reserves | 133 | €483,944 | €344,751 | -€139,193 | -28.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €631,490 | €529,866 | -€101,624 | -16.1% |
| Amounts payable after more than one year | 17 | €191,504 | €171,831 | -€19,673 | -10.3% |
| Financial debts | 170/4 | €191,504 | €171,831 | -€19,673 | -10.3% |
| Amounts payable within one year | 42/48 | €439,986 | €358,035 | -€81,951 | -18.6% |
| Current portion of amounts payable after more than one year | 42 | €19,445 | €19,673 | +€228 | +1.2% |
| Financial debts | 43 | - | €7,509 | +€7,509 | |
| Credit institutions | 430/8 | - | €7,509 | +€7,509 | |
| Trade debts | 44 | €31,450 | €17,145 | -€14,305 | -45.5% |
| Suppliers | 440/4 | €31,450 | €17,145 | -€14,305 | -45.5% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €29,968 | €36,457 | +€6,489 | +21.7% |
| Taxes | 450/3 | €26,709 | €33,173 | +€6,464 | +24.2% |
| Remuneration and social security | 454/9 | €3,259 | €3,284 | +€25 | +0.8% |
| Other amounts payable | 47/48 | €359,123 | €277,251 | -€81,872 | -22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,744 | €32,882 | +€137 | +0.4% |
| Other operating charges | 640/8 | €6,370 | €4,417 | -€1,954 | -30.7% |
| Non-recurring operating charges | 66A | €974 | €0 | -€974 | -100% |
| Gross operating margin | 9900 | €78,450 | €114,352 | +€35,902 | +45.8% |
| Operating profit (loss) | 9901 | €38,361 | €77,054 | +€38,692 | +101% |
| Financial income | 75/76B | €13,908 | €8,271 | -€5,637 | -40.5% |
| Recurring financial income | 75 | €13,908 | €8,271 | -€5,637 | -40.5% |
| Financial charges | 65/66B | €4,897 | €3,818 | -€1,079 | -22.0% |
| Recurring financial charges | 65 | €4,897 | €3,818 | -€1,079 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | €47,373 | €81,507 | +€34,134 | +72.1% |
| Income taxes | 67/77 | €17,255 | €25,819 | +€8,564 | +49.6% |
| Profit (loss) for the period | 9904 | €30,118 | €55,688 | +€25,570 | +84.9% |
| Profit (loss) for the period to be appropriated | 9905 | €30,118 | €55,688 | +€25,570 | +84.9% |
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 25 October 2026 via checked.be.