NIS MANAGEMENT: 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.
NIS MANAGEMENT
Largest movements
- Current investments +€100,000
up €100,000 (+81.3%), from €123,000 to €223,000
- Receivables within one year -€33,071
down €33,071 (-91.9%), from €35,988 to €2,917
of which Trade receivables: -€32,860
- Cash +€23,735
up €23,735 (+295.0%), from €8,045 to €31,780
mainly Net result for the year (+€109,570) and Receivables within one year (+€33,071)
- Reserves +€79,623
up €79,623 (+21.9%), from €363,243 to €442,867
of which Distributable reserves: +€79,623
- Debts after one year -€26,004
down €26,004 (-63.3%), from €41,113 to €15,109
- Other debts +€22,375
up €22,375 (+319.3%), from €7,008 to €29,384
- Short-term financial debts +€10,000
new in 2025: €10,000
- Gross operating margin +€2,845
up €2,845 (+1.6%), from €175,368 to €178,213
- Depreciation +€2,219
up €2,219 (+13.1%), from €16,916 to €19,134
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 | €503,396 | €587,659 | +€84,263 | +16.7% |
| Fixed assets | 21/28 | €332,903 | €327,429 | -€5,474 | -1.6% |
| Tangible fixed assets | 22/27 | €332,903 | €327,429 | -€5,474 | -1.6% |
| Land and buildings | 22 | €328,719 | €314,320 | -€14,399 | -4.4% |
| Plant, machinery and equipment | 23 | €2,868 | €1,548 | -€1,321 | -46.0% |
| Furniture and vehicles | 24 | €1,315 | €11,561 | +€10,246 | +779.0% |
| Current assets | 29/58 | €170,493 | €260,230 | +€89,737 | +52.6% |
| Amounts receivable within one year | 40/41 | €35,988 | €2,917 | -€33,071 | -91.9% |
| Trade receivables | 40 | €35,777 | €2,917 | -€32,860 | -91.8% |
| Other amounts receivable | 41 | €211 | €0 | -€211 | -100.0% |
| Current investments | 50/53 | €123,000 | €223,000 | +€100,000 | +81.3% |
| Cash at bank and in hand | 54/58 | €8,045 | €31,780 | +€23,735 | +295.0% |
| Deferred charges and accrued income | 490/1 | €3,460 | €2,533 | -€927 | -26.8% |
| Total equity and liabilities | 10/49 | €503,396 | €587,659 | +€84,263 | +16.7% |
| Equity | 10/15 | €382,416 | €462,039 | +€79,623 | +20.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €363,243 | €442,867 | +€79,623 | +21.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Other | 1319 | - | €1,860 | +€1,860 | |
| Tax-exempt reserves | 132 | €24,898 | €24,898 | = | 0.0% |
| Distributable reserves | 133 | €336,485 | €416,108 | +€79,623 | +23.7% |
| Profit (loss) carried forward | 14 | €573 | €573 | = | 0.0% |
| Amounts payable | 17/49 | €120,980 | €125,620 | +€4,640 | +3.8% |
| Amounts payable after more than one year | 17 | €41,113 | €15,109 | -€26,004 | -63.3% |
| Financial debts | 170/4 | €41,113 | €15,109 | -€26,004 | -63.3% |
| Amounts payable within one year | 42/48 | €79,554 | €110,511 | +€30,957 | +38.9% |
| Current portion of amounts payable after more than one year | 42 | €26,004 | €26,004 | = | 0.0% |
| Financial debts | 43 | - | €10,000 | +€10,000 | |
| Credit institutions | 430/8 | - | €10,000 | +€10,000 | |
| Trade debts | 44 | €11,193 | €8,574 | -€2,619 | -23.4% |
| Suppliers | 440/4 | €11,193 | €8,574 | -€2,619 | -23.4% |
| Taxes, remuneration and social security | 45 | €35,349 | €36,549 | +€1,201 | +3.4% |
| Taxes | 450/3 | €27,966 | €36,549 | +€8,583 | +30.7% |
| Remuneration and social security | 454/9 | €7,382 | €0 | -€7,382 | -100.0% |
| Other amounts payable | 47/48 | €7,008 | €29,384 | +€22,375 | +319.3% |
| Accrued charges and deferred income | 492/3 | €313 | €0 | -€313 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,916 | €19,134 | +€2,219 | +13.1% |
| Other operating charges | 640/8 | €3,670 | €2,496 | -€1,174 | -32.0% |
| Gross operating margin | 9900 | €175,368 | €178,213 | +€2,845 | +1.6% |
| Operating profit (loss) | 9901 | €154,782 | €156,582 | +€1,800 | +1.2% |
| Financial income | 75/76B | €2,085 | €2,984 | +€899 | +43.1% |
| Recurring financial income | 75 | €2,085 | €2,984 | +€899 | +43.1% |
| Financial charges | 65/66B | €3,831 | €3,004 | -€827 | -21.6% |
| Recurring financial charges | 65 | €3,831 | €3,004 | -€827 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €153,037 | €156,563 | +€3,526 | +2.3% |
| Income taxes | 67/77 | €45,892 | €46,993 | +€1,102 | +2.4% |
| Profit (loss) for the period | 9904 | €107,145 | €109,570 | +€2,424 | +2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €107,145 | €109,570 | +€2,424 | +2.3% |
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 10 October 2026 via checked.be.