NISHANT GEMS: 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.
NISHANT GEMS
Largest movements
- Stocks and contracts +€5.3m
up €5.3m (+944%), from €560,228 to €5.9m
- Receivables within one year +€1.2m
up €1.2m (+34.7%), from €3.3m to €4.5m
of which Trade receivables: +€1.2m
- Cash +€124,086
up €124,086 (+26.9%), from €460,748 to €584,834
mainly Trade debts (+€6.2m) and Accrued charges and deferred income (+€276,771)
- Trade debts +€6.2m
up €6.2m (+75,747%), from €8,251 to €6.3m
- Accrued charges and deferred income +€276,771
up €276,771 (+126,264%), from €219 to €276,990
- Gross operating margin +€16,303
up €16,303 (+17.7%), from €92,348 to €108,651
- Other operating charges -€11,991
down €11,991 (-79.1%), from €15,150 to €3,160
- Financial charges -€9,175
down €9,175 (-48.9%), from €18,747 to €9,573
- Taxes +€7,695
up €7,695 (+41.1%), from €18,716 to €26,412
- Staff costs +€5,268
up €5,268 (+20.7%), from €25,399 to €30,667
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 | €4,479,235 | €11,043,547 | +€6.6m | +147% |
| Fixed assets | 21/28 | €121,798 | €110,240 | -€11,558 | -9.5% |
| Tangible fixed assets | 22/27 | €121,798 | €110,240 | -€11,558 | -9.5% |
| Land and buildings | 22 | €87,229 | €84,604 | -€2,625 | -3.0% |
| Plant, machinery and equipment | 23 | €2,758 | €1,733 | -€1,025 | -37.2% |
| Furniture and vehicles | 24 | €31,811 | €23,903 | -€7,908 | -24.9% |
| Current assets | 29/58 | €4,357,437 | €10,933,307 | +€6.6m | +151% |
| Stocks and contracts in progress | 3 | €560,228 | €5,851,130 | +€5.3m | +944% |
| Stocks | 30/36 | €560,228 | €5,851,130 | +€5.3m | +944% |
| Amounts receivable within one year | 40/41 | €3,336,381 | €4,495,732 | +€1.2m | +34.7% |
| Trade receivables | 40 | €3,333,833 | €4,494,869 | +€1.2m | +34.8% |
| Other amounts receivable | 41 | €2,548 | €862 | -€1,686 | -66.2% |
| Cash at bank and in hand | 54/58 | €460,748 | €584,834 | +€124,086 | +26.9% |
| Deferred charges and accrued income | 490/1 | €79 | €1,611 | +€1,533 | +1,949% |
| Total equity and liabilities | 10/49 | €4,479,235 | €11,043,547 | +€6.6m | +147% |
| Equity | 10/15 | €4,445,523 | €4,479,395 | +€33,872 | +0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,426,923 | €4,460,795 | +€33,872 | +0.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €4,425,063 | €4,458,935 | +€33,872 | +0.8% |
| Amounts payable | 17/49 | €33,712 | €6,564,153 | +€6.5m | +19,371% |
| Amounts payable within one year | 42/48 | €33,493 | €6,287,162 | +€6.3m | +18,672% |
| Trade debts | 44 | €8,251 | €6,257,808 | +€6.2m | +75,747% |
| Suppliers | 440/4 | €8,251 | €6,257,808 | +€6.2m | +75,747% |
| Taxes, remuneration and social security | 45 | €15,503 | €21,644 | +€6,141 | +39.6% |
| Taxes | 450/3 | €11,663 | €16,383 | +€4,719 | +40.5% |
| Remuneration and social security | 454/9 | €3,840 | €5,262 | +€1,422 | +37.0% |
| Other amounts payable | 47/48 | €9,739 | €7,710 | -€2,030 | -20.8% |
| Accrued charges and deferred income | 492/3 | €219 | €276,990 | +€276,771 | +126,264% |
| Non-recurring operating income | 76A | €7,025 | - | -€7,025 | |
| Remuneration, social security and pensions | 62 | €25,399 | €30,667 | +€5,268 | +20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,605 | €11,558 | -€1,047 | -8.3% |
| Other operating charges | 640/8 | €15,150 | €3,160 | -€11,991 | -79.1% |
| Gross operating margin | 9900 | €92,348 | €108,651 | +€16,303 | +17.7% |
| Operating profit (loss) | 9901 | €39,193 | €63,267 | +€24,074 | +61.4% |
| Financial income | 75/76B | €1,403 | €6,590 | +€5,187 | +370% |
| Recurring financial income | 75 | €1,403 | €6,590 | +€5,187 | +370% |
| Financial charges | 65/66B | €18,747 | €9,573 | -€9,175 | -48.9% |
| Recurring financial charges | 65 | €18,747 | €9,573 | -€9,175 | -48.9% |
| Profit (loss) for the period before taxes | 9903 | €21,849 | €60,284 | +€38,435 | +176% |
| Income taxes | 67/77 | €18,716 | €26,412 | +€7,695 | +41.1% |
| Profit (loss) for the period | 9904 | €3,132 | €33,872 | +€30,740 | +981% |
| Profit (loss) for the period to be appropriated | 9905 | €3,132 | €33,872 | +€30,740 | +981% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.