NISHAM: 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.
NISHAM
Largest movements
- Cash -€634
down €634 (-89.5%), from €708 to €74
mainly Net result for the year (-€1,739) and Trade debts (-€123)
- Receivables within one year -€126
no longer reported in 2025 (was €126)
- Profit (loss) carried forward -€1,739
down €1,739 (-8.7%), from -€19,938 to -€21,677
- Other debts +€1,102
up €1,102 (+7.6%), from €14,449 to €15,551
- Trade debts -€123
no longer reported in 2025 (was €123)
- Gross operating margin -€167
down €167 (-11.9%), from -€1,402 to -€1,569
- Financial charges +€131
up €131 (+334.6%), from €39 to €170
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 | €834 | €74 | -€760 | -91.1% |
| Current assets | 29/58 | €834 | €74 | -€760 | -91.1% |
| Amounts receivable within one year | 40/41 | €126 | - | -€126 | |
| Other amounts receivable | 41 | €126 | - | -€126 | |
| Cash at bank and in hand | 54/58 | €708 | €74 | -€634 | -89.5% |
| Total equity and liabilities | 10/49 | €834 | €74 | -€760 | -91.1% |
| Equity | 10/15 | -€13,738 | -€15,477 | -€1,739 | -12.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,938 | -€21,677 | -€1,739 | -8.7% |
| Amounts payable | 17/49 | €14,572 | €15,551 | +€979 | +6.7% |
| Amounts payable within one year | 42/48 | €14,572 | €15,551 | +€979 | +6.7% |
| Trade debts | 44 | €123 | - | -€123 | |
| Suppliers | 440/4 | €123 | - | -€123 | |
| Other amounts payable | 47/48 | €14,449 | €15,551 | +€1,102 | +7.6% |
| Gross operating margin | 9900 | -€1,402 | -€1,569 | -€167 | -11.9% |
| Operating profit (loss) | 9901 | -€1,402 | -€1,569 | -€167 | -11.9% |
| Financial charges | 65/66B | €39 | €170 | +€131 | +334.6% |
| Recurring financial charges | 65 | €39 | €170 | +€131 | +334.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,441 | -€1,739 | -€297 | -20.6% |
| Profit (loss) for the period | 9904 | -€1,441 | -€1,739 | -€297 | -20.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,441 | -€1,739 | -€297 | -20.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.