NINS: 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.
NINS
Largest movements
- Tangible fixed assets -€9,503
down €9,503 (-92.0%), from €10,326 to €823
of which Plant, machinery and equipment: -€9,870
- Deferred charges and accrued income -€4,462
no longer reported in 2025 (was €4,462)
- Receivables within one year -€4,053
down €4,053 (-21.5%), from €18,843 to €14,790
- Cash +€3,647
up €3,647 (+47.6%), from €7,668 to €11,316
mainly Net result for the year (+€10,824) and Investment in fixed assets (net) (+€7,945)
- Financial fixed assets +€1,000
up €1,000 (+4000.0%), from €25 to €1,025
- Other debts -€20,391
down €20,391 (-80.4%), from €25,363 to €4,972
- Profit (loss) carried forward +€10,824
up €10,824 (+77.3%), from -€14,004 to -€3,179
- Advances received -€5,451
down €5,451 (-23.9%), from €22,851 to €17,400
- Tax, wage and social debts +€906
up €906 (+53.5%), from €1,696 to €2,602
- Trade debts +€739
up €739 (+176.3%), from €419 to €1,159
- Gross operating margin +€7,941
up €7,941 (+200.7%), from €3,957 to €11,899
- Depreciation -€5,054
down €5,054 (-90.0%), from €5,613 to €559
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 | €41,325 | €27,953 | -€13,372 | -32.4% |
| Fixed assets | 21/28 | €10,351 | €1,848 | -€8,503 | -82.1% |
| Tangible fixed assets | 22/27 | €10,326 | €823 | -€9,503 | -92.0% |
| Plant, machinery and equipment | 23 | €9,870 | - | -€9,870 | |
| Furniture and vehicles | 24 | €457 | €823 | +€366 | +80.1% |
| Financial fixed assets | 28 | €25 | €1,025 | +€1,000 | +4000.0% |
| Current assets | 29/58 | €30,974 | €26,105 | -€4,868 | -15.7% |
| Amounts receivable within one year | 40/41 | €18,843 | €14,790 | -€4,053 | -21.5% |
| Trade receivables | 40 | €18,843 | €14,790 | -€4,053 | -21.5% |
| Cash at bank and in hand | 54/58 | €7,668 | €11,316 | +€3,647 | +47.6% |
| Deferred charges and accrued income | 490/1 | €4,462 | - | -€4,462 | |
| Total equity and liabilities | 10/49 | €41,325 | €27,953 | -€13,372 | -32.4% |
| Equity | 10/15 | -€9,004 | €1,821 | +€10,824 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,004 | -€3,179 | +€10,824 | +77.3% |
| Amounts payable | 17/49 | €50,328 | €26,133 | -€24,196 | -48.1% |
| Amounts payable within one year | 42/48 | €50,328 | €26,133 | -€24,196 | -48.1% |
| Trade debts | 44 | €419 | €1,159 | +€739 | +176.3% |
| Suppliers | 440/4 | €419 | €1,159 | +€739 | +176.3% |
| Advances received on contracts in progress | 46 | €22,851 | €17,400 | -€5,451 | -23.9% |
| Taxes, remuneration and social security | 45 | €1,696 | €2,602 | +€906 | +53.5% |
| Taxes | 450/3 | €1,696 | €2,602 | +€906 | +53.5% |
| Other amounts payable | 47/48 | €25,363 | €4,972 | -€20,391 | -80.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,613 | €559 | -€5,054 | -90.0% |
| Other operating charges | 640/8 | €453 | €360 | -€93 | -20.5% |
| Gross operating margin | 9900 | €3,957 | €11,899 | +€7,941 | +200.7% |
| Operating profit (loss) | 9901 | -€2,108 | €10,980 | +€13,088 | |
| Financial charges | 65/66B | €153 | €156 | +€3 | +2.0% |
| Recurring financial charges | 65 | €153 | €156 | +€3 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,261 | €10,824 | +€13,085 | |
| Profit (loss) for the period | 9904 | -€2,261 | €10,824 | +€13,085 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,261 | €10,824 | +€13,085 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.