NIP: 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.
NIP
Largest movements
- Receivables within one year +€320,433
up €320,433 (+67.5%), from €474,450 to €794,883
of which Other amounts receivable: +€444,524
- Tangible fixed assets -€104,517
down €104,517 (-58.6%), from €178,393 to €73,877
of which Assets under construction and advance payments: -€150,000
- Cash +€28,240
up €28,240 (+67.2%), from €42,004 to €70,243
mainly Net result for the year (+€233,204) and Tax, wage and social debts (+€138,690)
- Profit (loss) carried forward +€183,204
up €183,204 (+89.2%), from €205,437 to €388,641
- Tax, wage and social debts +€138,690
up €138,690 (+342.4%), from €40,506 to €179,196
of which Remuneration and social security: +€75,467
- Trade debts -€66,633
down €66,633 (-19.2%), from €346,943 to €280,310
of which Bills of exchange payable: -€328,508
- Accrued charges and deferred income -€61,109
no longer reported in 2024 (was €61,109)
- Short-term financial debts +€50,004
new in 2024: €50,004
- Turnover +€1.1m
up €1.1m (+66.8%), from €1.7m to €2.8m
- Purchases and services +€1.1m
up €1.1m (+77.5%), from €1.4m to €2.5m
- Staff costs -€60,423
down €60,423 (-89.9%), from €67,183 to €6,760
- Gross operating margin +€44,938
up €44,938 (+16.0%), from €280,580 to €325,518
- Taxes +€31,618
up €31,618 (+96.2%), from €32,873 to €64,491
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 | €708,995 | €953,152 | +€244,157 | +34.4% |
| Fixed assets | 21/28 | €192,463 | €87,947 | -€104,517 | -54.3% |
| Tangible fixed assets | 22/27 | €178,393 | €73,877 | -€104,517 | -58.6% |
| Plant, machinery and equipment | 23 | €8,130 | €23,014 | +€14,884 | +183.1% |
| Furniture and vehicles | 24 | €20,264 | €50,863 | +€30,599 | +151.0% |
| Assets under construction and advance payments | 27 | €150,000 | - | -€150,000 | |
| Financial fixed assets | 28 | €14,070 | €14,070 | = | 0.0% |
| Current assets | 29/58 | €516,532 | €865,205 | +€348,673 | +67.5% |
| Stocks and contracts in progress | 3 | €78 | €78 | = | 0.0% |
| Stocks | 30/36 | €78 | €78 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €474,450 | €794,883 | +€320,433 | +67.5% |
| Trade receivables | 40 | €448,095 | €324,004 | -€124,090 | -27.7% |
| Other amounts receivable | 41 | €26,355 | €470,879 | +€444,524 | +1686.7% |
| Cash at bank and in hand | 54/58 | €42,004 | €70,243 | +€28,240 | +67.2% |
| Total equity and liabilities | 10/49 | €708,995 | €953,152 | +€244,157 | +34.4% |
| Equity | 10/15 | €210,437 | €393,641 | +€183,204 | +87.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €205,437 | €388,641 | +€183,204 | +89.2% |
| Amounts payable | 17/49 | €498,557 | €559,510 | +€60,953 | +12.2% |
| Amounts payable within one year | 42/48 | €437,449 | €559,510 | +€122,062 | +27.9% |
| Financial debts | 43 | - | €50,004 | +€50,004 | |
| Credit institutions | 430/8 | - | €50,004 | +€50,004 | |
| Trade debts | 44 | €346,943 | €280,310 | -€66,633 | -19.2% |
| Suppliers | 440/4 | €18,436 | €280,310 | +€261,875 | +1420.5% |
| Bills of exchange payable | 441 | €328,508 | - | -€328,508 | |
| Taxes, remuneration and social security | 45 | €40,506 | €179,196 | +€138,690 | +342.4% |
| Taxes | 450/3 | €34,140 | €97,363 | +€63,223 | +185.2% |
| Remuneration and social security | 454/9 | €6,366 | €81,833 | +€75,467 | +1185.5% |
| Other amounts payable | 47/48 | €50,000 | €50,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €61,109 | - | -€61,109 | |
| Turnover | 70 | €1,684,510 | €2,809,988 | +€1.1m | +66.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,404,379 | €2,493,155 | +€1.1m | +77.5% |
| Remuneration, social security and pensions | 62 | €67,183 | €6,760 | -€60,423 | -89.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,658 | €24,443 | +€13,785 | +129.3% |
| Other operating charges | 640/8 | €8,117 | €7,064 | -€1,054 | -13.0% |
| Gross operating margin | 9900 | €280,580 | €325,518 | +€44,938 | +16.0% |
| Operating profit (loss) | 9901 | €194,621 | €287,250 | +€92,630 | +47.6% |
| Financial income | 75/76B | - | €15,998 | +€15,998 | |
| Recurring financial income | 75 | - | €15,998 | +€15,998 | |
| Financial charges | 65/66B | €3,890 | €5,554 | +€1,664 | +42.8% |
| Recurring financial charges | 65 | €3,890 | €5,554 | +€1,664 | +42.8% |
| Profit (loss) for the period before taxes | 9903 | €190,731 | €297,694 | +€106,964 | +56.1% |
| Income taxes | 67/77 | €32,873 | €64,491 | +€31,618 | +96.2% |
| Profit (loss) for the period | 9904 | €157,858 | €233,204 | +€75,346 | +47.7% |
| Profit (loss) for the period to be appropriated | 9905 | €157,858 | €233,204 | +€75,346 | +47.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.