NIS PROJECT: 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 PROJECT
Largest movements
- Tangible fixed assets -€13,051
down €13,051 (-37.1%), from €35,153 to €22,101
of which Furniture and vehicles: -€12,593
- Cash +€11,676
up €11,676 (+48.6%), from €24,029 to €35,705
mainly Net result for the year (+€13,498) and Depreciation (+€13,051)
- Receivables within one year -€9,657
down €9,657 (-21.5%), from €44,913 to €35,256
of which Other amounts receivable: -€6,617
- Deferred charges and accrued income +€4,691
up €4,691 (+411%), from €1,142 to €5,833
- Profit (loss) carried forward -€33,561
down €33,561 (-66.2%), from €50,663 to €17,102
- Other debts +€12,847
up €12,847 (+29.2%), from €44,011 to €56,857
- Tax, wage and social debts +€10,239
up €10,239 (+264%), from €3,874 to €14,113
of which Remuneration and social security: +€10,000
- Trade debts +€5,134
up €5,134 (+746%), from €688 to €5,822
- Other operating charges -€4,940
down €4,940 (-67.4%), from €7,331 to €2,391
- Gross operating margin -€4,301
down €4,301 (-11.4%), from €37,757 to €33,457
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 | €105,236 | €98,895 | -€6,342 | -6.0% |
| Fixed assets | 21/28 | €35,153 | €22,101 | -€13,051 | -37.1% |
| Tangible fixed assets | 22/27 | €35,153 | €22,101 | -€13,051 | -37.1% |
| Plant, machinery and equipment | 23 | €1,360 | €902 | -€458 | -33.7% |
| Furniture and vehicles | 24 | €33,793 | €21,200 | -€12,593 | -37.3% |
| Current assets | 29/58 | €70,083 | €76,793 | +€6,710 | +9.6% |
| Amounts receivable within one year | 40/41 | €44,913 | €35,256 | -€9,657 | -21.5% |
| Trade receivables | 40 | €36,910 | €33,870 | -€3,040 | -8.2% |
| Other amounts receivable | 41 | €8,003 | €1,386 | -€6,617 | -82.7% |
| Cash at bank and in hand | 54/58 | €24,029 | €35,705 | +€11,676 | +48.6% |
| Deferred charges and accrued income | 490/1 | €1,142 | €5,833 | +€4,691 | +411% |
| Total equity and liabilities | 10/49 | €105,236 | €98,895 | -€6,342 | -6.0% |
| Equity | 10/15 | €56,663 | €22,102 | -€34,561 | -61.0% |
| Contributions | 10/11 | €6,000 | €5,000 | -€1,000 | -16.7% |
| Profit (loss) carried forward | 14 | €50,663 | €17,102 | -€33,561 | -66.2% |
| Amounts payable | 17/49 | €48,573 | €76,793 | +€28,220 | +58.1% |
| Amounts payable within one year | 42/48 | €48,573 | €76,793 | +€28,220 | +58.1% |
| Trade debts | 44 | €688 | €5,822 | +€5,134 | +746% |
| Suppliers | 440/4 | €688 | €5,822 | +€5,134 | +746% |
| Taxes, remuneration and social security | 45 | €3,874 | €14,113 | +€10,239 | +264% |
| Taxes | 450/3 | €3,874 | €4,113 | +€239 | +6.2% |
| Remuneration and social security | 454/9 | - | €10,000 | +€10,000 | |
| Other amounts payable | 47/48 | €44,011 | €56,857 | +€12,847 | +29.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,181 | €13,051 | -€130 | -1.0% |
| Other operating charges | 640/8 | €7,331 | €2,391 | -€4,940 | -67.4% |
| Gross operating margin | 9900 | €37,757 | €33,457 | -€4,301 | -11.4% |
| Operating profit (loss) | 9901 | €17,245 | €18,015 | +€769 | +4.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €698 | €404 | -€294 | -42.2% |
| Recurring financial charges | 65 | €698 | €404 | -€294 | -42.2% |
| Profit (loss) for the period before taxes | 9903 | €16,547 | €17,611 | +€1,064 | +6.4% |
| Income taxes | 67/77 | €3,874 | €4,113 | +€239 | +6.2% |
| Profit (loss) for the period | 9904 | €12,672 | €13,498 | +€825 | +6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,672 | €13,498 | +€825 | +6.5% |
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 14 October 2026 via checked.be.