Nisa: 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.
Nisa
Largest movements
- Cash -€6,620
down €6,620 (-22.4%), from €29,594 to €22,974
mainly Stocks and contracts (-€5,109) and Other debts (-€3,917)
- Stocks and contracts +€5,109
up €5,109 (+25.1%), from €20,323 to €25,432
- Deferred charges and accrued income -€900
no longer reported in 2025 (was €900)
- Other debts -€3,917
down €3,917 (-52.4%), from €7,482 to €3,565
- Tax, wage and social debts +€1,269
up €1,269 (+10.7%), from €11,814 to €13,083
- Profit (loss) carried forward -€799
down €799 (-6.4%), from €12,507 to €11,708
- Trade debts +€622
up €622 (+75.1%), from €828 to €1,450
- Purchases and services +€15,387
up €15,387 (+10.9%), from €141,391 to €156,778
- Turnover +€12,830
up €12,830 (+9.2%), from €140,221 to €153,051
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 | €51,232 | €48,406 | -€2,825 | -5.5% |
| Fixed assets | 21/28 | €401 | - | -€401 | |
| Tangible fixed assets | 22/27 | €401 | - | -€401 | |
| Furniture and vehicles | 24 | €401 | - | -€401 | |
| Current assets | 29/58 | €50,831 | €48,406 | -€2,425 | -4.8% |
| Stocks and contracts in progress | 3 | €20,323 | €25,432 | +€5,109 | +25.1% |
| Stocks | 30/36 | €20,323 | €25,432 | +€5,109 | +25.1% |
| Amounts receivable within one year | 40/41 | €14 | - | -€14 | |
| Trade receivables | 40 | €14 | - | -€14 | |
| Cash at bank and in hand | 54/58 | €29,594 | €22,974 | -€6,620 | -22.4% |
| Deferred charges and accrued income | 490/1 | €900 | - | -€900 | |
| Total equity and liabilities | 10/49 | €51,232 | €48,406 | -€2,825 | -5.5% |
| Equity | 10/15 | €31,107 | €30,308 | -€799 | -2.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,507 | €11,708 | -€799 | -6.4% |
| Amounts payable | 17/49 | €20,125 | €18,098 | -€2,026 | -10.1% |
| Amounts payable within one year | 42/48 | €20,125 | €18,098 | -€2,026 | -10.1% |
| Trade debts | 44 | €828 | €1,450 | +€622 | +75.1% |
| Suppliers | 440/4 | €828 | €1,450 | +€622 | +75.1% |
| Taxes, remuneration and social security | 45 | €11,814 | €13,083 | +€1,269 | +10.7% |
| Taxes | 450/3 | €11,814 | €13,083 | +€1,269 | +10.7% |
| Other amounts payable | 47/48 | €7,482 | €3,565 | -€3,917 | -52.4% |
| Turnover | 70 | €140,221 | €153,051 | +€12,830 | +9.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €141,391 | €156,778 | +€15,387 | +10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €413 | €401 | -€12 | -3.0% |
| Other operating charges | 640/8 | €2,723 | €3,979 | +€1,257 | +46.2% |
| Gross operating margin | 9900 | €6,658 | €5,826 | -€833 | -12.5% |
| Operating profit (loss) | 9901 | €3,523 | €1,446 | -€2,077 | -59.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €30 | €258 | +€228 | +758.4% |
| Recurring financial charges | 65 | €30 | €258 | +€228 | +758.4% |
| Profit (loss) for the period before taxes | 9903 | €3,493 | €1,188 | -€2,305 | -66.0% |
| Income taxes | 67/77 | €3,214 | €1,987 | -€1,227 | -38.2% |
| Profit (loss) for the period | 9904 | €278 | -€799 | -€1,077 | |
| Profit (loss) for the period to be appropriated | 9905 | €278 | -€799 | -€1,077 |
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 7 October 2026 via checked.be.