NiPa: 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.
NiPa
Largest movements
- Cash +€26,058
up €26,058 (+68.8%), from €37,875 to €63,934
mainly Net result for the year (+€54,637) and Depreciation (+€1,138)
- Receivables within one year +€15,033
up €15,033 (+96.2%), from €15,624 to €30,657
of which Other amounts receivable: +€14,228
- Deferred charges and accrued income +€5,191
up €5,191 (+1132.6%), from €458 to €5,649
- Tangible fixed assets +€2,154
up €2,154 (+179.7%), from €1,199 to €3,352
- Profit (loss) carried forward +€54,637
up €54,637 (+174.0%), from €31,409 to €86,046
- Tax, wage and social debts -€4,016
down €4,016 (-27.1%), from €14,793 to €10,777
- Trade debts -€2,214
down €2,214 (-52.7%), from €4,205 to €1,991
- Gross operating margin +€30,752
up €30,752 (+74.1%), from €41,526 to €72,278
- Taxes +€6,705
up €6,705 (+80.0%), from €8,382 to €15,087
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 | €55,157 | €103,592 | +€48,436 | +87.8% |
| Fixed assets | 21/28 | €1,199 | €3,352 | +€2,154 | +179.7% |
| Tangible fixed assets | 22/27 | €1,199 | €3,352 | +€2,154 | +179.7% |
| Furniture and vehicles | 24 | €1,199 | €3,352 | +€2,154 | +179.7% |
| Current assets | 29/58 | €53,958 | €100,240 | +€46,282 | +85.8% |
| Amounts receivable within one year | 40/41 | €15,624 | €30,657 | +€15,033 | +96.2% |
| Trade receivables | 40 | €14,870 | €15,675 | +€805 | +5.4% |
| Other amounts receivable | 41 | €754 | €14,982 | +€14,228 | +1886.8% |
| Cash at bank and in hand | 54/58 | €37,875 | €63,934 | +€26,058 | +68.8% |
| Deferred charges and accrued income | 490/1 | €458 | €5,649 | +€5,191 | +1132.6% |
| Total equity and liabilities | 10/49 | €55,157 | €103,592 | +€48,436 | +87.8% |
| Equity | 10/15 | €34,409 | €89,046 | +€54,637 | +158.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,409 | €86,046 | +€54,637 | +174.0% |
| Amounts payable | 17/49 | €20,748 | €14,546 | -€6,201 | -29.9% |
| Amounts payable within one year | 42/48 | €18,998 | €12,768 | -€6,230 | -32.8% |
| Trade debts | 44 | €4,205 | €1,991 | -€2,214 | -52.7% |
| Suppliers | 440/4 | €4,205 | €1,991 | -€2,214 | -52.7% |
| Taxes, remuneration and social security | 45 | €14,793 | €10,777 | -€4,016 | -27.1% |
| Taxes | 450/3 | €14,793 | €10,777 | -€4,016 | -27.1% |
| Accrued charges and deferred income | 492/3 | €1,750 | €1,779 | +€29 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,328 | €1,138 | -€190 | -14.3% |
| Other operating charges | 640/8 | €384 | €201 | -€184 | -47.8% |
| Non-recurring operating charges | 66A | - | €1,199 | +€1,199 | |
| Gross operating margin | 9900 | €41,526 | €72,278 | +€30,752 | +74.1% |
| Operating profit (loss) | 9901 | €39,814 | €69,741 | +€29,927 | +75.2% |
| Financial income | 75/76B | €12 | €112 | +€100 | +833.9% |
| Recurring financial income | 75 | €12 | €112 | +€100 | +833.9% |
| Financial charges | 65/66B | €34 | €129 | +€95 | +278.6% |
| Recurring financial charges | 65 | €34 | €129 | +€95 | +278.6% |
| Profit (loss) for the period before taxes | 9903 | €39,791 | €69,724 | +€29,932 | +75.2% |
| Income taxes | 67/77 | €8,382 | €15,087 | +€6,705 | +80.0% |
| Profit (loss) for the period | 9904 | €31,409 | €54,637 | +€23,228 | +74.0% |
| Profit (loss) for the period to be appropriated | 9905 | €31,409 | €54,637 | +€23,228 | +74.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.