Niu Games: 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.
Niu Games
Largest movements
- Cash +€27,904
up €27,904 (+31.6%), from €88,207 to €116,111
mainly Net result for the year (+€33,605) and Depreciation (+€1,400)
- Receivables within one year +€2,451
up €2,451 (+25.3%), from €9,692 to €12,143
of which Trade receivables: +€2,755
- Tangible fixed assets +€2,410
up €2,410 (+84.9%), from €2,839 to €5,249
- Reserves +€33,605
up €33,605 (+37.1%), from €90,529 to €124,133
- Gross operating margin -€6,558
down €6,558 (-12.9%), from €50,948 to €44,390
- Taxes -€1,689
down €1,689 (-16.4%), from €10,305 to €8,616
- Depreciation +€1,104
up €1,104 (+372%), from €297 to €1,400
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 | €102,728 | €134,959 | +€32,231 | +31.4% |
| Fixed assets | 21/28 | €2,839 | €5,249 | +€2,410 | +84.9% |
| Tangible fixed assets | 22/27 | €2,839 | €5,249 | +€2,410 | +84.9% |
| Plant, machinery and equipment | 23 | €2,839 | €5,249 | +€2,410 | +84.9% |
| Current assets | 29/58 | €99,889 | €129,710 | +€29,821 | +29.9% |
| Amounts receivable within one year | 40/41 | €9,692 | €12,143 | +€2,451 | +25.3% |
| Trade receivables | 40 | €7,346 | €10,101 | +€2,755 | +37.5% |
| Other amounts receivable | 41 | €2,346 | €2,042 | -€304 | -13.0% |
| Cash at bank and in hand | 54/58 | €88,207 | €116,111 | +€27,904 | +31.6% |
| Deferred charges and accrued income | 490/1 | €1,990 | €1,456 | -€534 | -26.8% |
| Total equity and liabilities | 10/49 | €102,728 | €134,959 | +€32,231 | +31.4% |
| Equity | 10/15 | €95,529 | €129,133 | +€33,605 | +35.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €90,529 | €124,133 | +€33,605 | +37.1% |
| Distributable reserves | 133 | €90,529 | €124,133 | +€33,605 | +37.1% |
| Amounts payable | 17/49 | €7,199 | €5,825 | -€1,374 | -19.1% |
| Amounts payable within one year | 42/48 | €7,158 | €5,825 | -€1,333 | -18.6% |
| Trade debts | 44 | €2,761 | €2,005 | -€755 | -27.4% |
| Suppliers | 440/4 | €2,761 | €2,005 | -€755 | -27.4% |
| Taxes, remuneration and social security | 45 | €3,820 | €3,820 | = | 0.0% |
| Taxes | 450/3 | €1,920 | €1,920 | = | 0.0% |
| Remuneration and social security | 454/9 | €1,900 | €1,900 | = | 0.0% |
| Other amounts payable | 47/48 | €578 | €0 | -€578 | -100% |
| Accrued charges and deferred income | 492/3 | €41 | €0 | -€41 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €297 | €1,400 | +€1,104 | +372% |
| Other operating charges | 640/8 | €126 | €633 | +€507 | +403% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €50,948 | €44,390 | -€6,558 | -12.9% |
| Operating profit (loss) | 9901 | €50,526 | €42,357 | -€8,168 | -16.2% |
| Financial income | 75/76B | €219 | €78 | -€141 | -64.6% |
| Recurring financial income | 75 | €219 | €78 | -€141 | -64.6% |
| Financial charges | 65/66B | €224 | €214 | -€10 | -4.3% |
| Recurring financial charges | 65 | €224 | €214 | -€10 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €50,521 | €42,221 | -€8,300 | -16.4% |
| Income taxes | 67/77 | €10,305 | €8,616 | -€1,689 | -16.4% |
| Profit (loss) for the period | 9904 | €40,216 | €33,605 | -€6,611 | -16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €40,216 | €33,605 | -€6,611 | -16.4% |
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 22 October 2026 via checked.be.