NISOT BERNARD: 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.
NISOT BERNARD
Largest movements
- Receivables within one year +€14,278
up €14,278 (+70.5%), from €20,263 to €34,541
- Cash +€5,748
up €5,748 (+57.7%), from €9,967 to €15,715
mainly Net result for the year (+€13,247) and Tax, wage and social debts (+€6,881)
- Tangible fixed assets -€2,692
down €2,692 (-28.6%), from €9,412 to €6,720
of which Furniture and vehicles: -€3,569
- Reserves +€13,200
up €13,200 (+80.7%), from €16,359 to €29,559
of which Distributable reserves: +€13,200
- Tax, wage and social debts +€6,881
new in 2025: €6,881
- Trade debts -€2,526
down €2,526 (-26.9%), from €9,379 to €6,853
- Other operating charges +€4,459
up €4,459 (+814%), from €548 to €5,007
- Gross operating margin -€4,050
down €4,050 (-11.7%), from €34,732 to €30,682
- Taxes -€2,187
down €2,187 (-24.1%), from €9,068 to €6,881
- Staff costs +€2,021
new in 2025: €2,021
- Financial charges +€1,617
up €1,617 (+281%), from €576 to €2,193
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 | €44,640 | €62,242 | +€17,602 | +39.4% |
| Fixed assets | 21/28 | €9,412 | €6,720 | -€2,692 | -28.6% |
| Tangible fixed assets | 22/27 | €9,412 | €6,720 | -€2,692 | -28.6% |
| Plant, machinery and equipment | 23 | €1,520 | €2,397 | +€877 | +57.7% |
| Furniture and vehicles | 24 | €7,892 | €4,323 | -€3,569 | -45.2% |
| Current assets | 29/58 | €35,228 | €55,522 | +€20,294 | +57.6% |
| Amounts receivable within one year | 40/41 | €20,263 | €34,541 | +€14,278 | +70.5% |
| Other amounts receivable | 41 | €20,263 | €34,541 | +€14,278 | +70.5% |
| Cash at bank and in hand | 54/58 | €9,967 | €15,715 | +€5,748 | +57.7% |
| Deferred charges and accrued income | 490/1 | €4,998 | €5,266 | +€268 | +5.4% |
| Total equity and liabilities | 10/49 | €44,640 | €62,242 | +€17,602 | +39.4% |
| Equity | 10/15 | €35,261 | €48,508 | +€13,247 | +37.6% |
| Contributions | 10/11 | €18,592 | €18,592 | +€0 | 0.0% |
| Reserves | 13 | €16,359 | €29,559 | +€13,200 | +80.7% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €14,500 | €27,700 | +€13,200 | +91.0% |
| Profit (loss) carried forward | 14 | €310 | €357 | +€47 | +15.3% |
| Amounts payable | 17/49 | €9,379 | €13,734 | +€4,355 | +46.4% |
| Amounts payable within one year | 42/48 | €9,379 | €13,734 | +€4,355 | +46.4% |
| Trade debts | 44 | €9,379 | €6,853 | -€2,526 | -26.9% |
| Suppliers | 440/4 | €9,379 | €6,853 | -€2,526 | -26.9% |
| Taxes, remuneration and social security | 45 | - | €6,881 | +€6,881 | |
| Taxes | 450/3 | - | €6,881 | +€6,881 | |
| Remuneration, social security and pensions | 62 | - | €2,021 | +€2,021 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,691 | €2,691 | +€0 | 0.0% |
| Other operating charges | 640/8 | €548 | €5,007 | +€4,459 | +814% |
| Gross operating margin | 9900 | €34,732 | €30,682 | -€4,050 | -11.7% |
| Operating profit (loss) | 9901 | €31,493 | €20,963 | -€10,530 | -33.4% |
| Financial income | 75/76B | - | €1,358 | +€1,358 | |
| Recurring financial income | 75 | - | €1,358 | +€1,358 | |
| Financial charges | 65/66B | €576 | €2,193 | +€1,617 | +281% |
| Recurring financial charges | 65 | €576 | €2,193 | +€1,617 | +281% |
| Profit (loss) for the period before taxes | 9903 | €30,917 | €20,128 | -€10,789 | -34.9% |
| Income taxes | 67/77 | €9,068 | €6,881 | -€2,187 | -24.1% |
| Profit (loss) for the period | 9904 | €21,849 | €13,247 | -€8,602 | -39.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,849 | €13,247 | -€8,602 | -39.4% |
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 27 October 2026 via checked.be.