NIVELLES 57: 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.
NIVELLES 57
Largest movements
- Receivables within one year +€53,138
up €53,138 (+34.7%), from €153,036 to €206,174
of which Other amounts receivable: +€106,727
- Cash -€30,328
down €30,328 (-62.0%), from €48,947 to €18,619
mainly Investment in fixed assets (net) (-€74,249) and Other debts (-€63,273)
- Debts after one year +€78,494
up €78,494 (+13.2%), from €596,320 to €674,815
- Other debts -€63,273
down €63,273 (-36.4%), from €174,015 to €110,741
- Tax, wage and social debts +€60,211
up €60,211 (+198%), from €30,359 to €90,570
- Profit (loss) carried forward -€57,698
down €57,698 (-24.9%), from -€231,451 to -€289,149
- Turnover -€303,559
no longer reported in 2025 (was €303,559)
- Purchases and services -€104,401
no longer reported in 2025 (was €104,401)
- Gross operating margin -€83,887
down €83,887 (-28.0%), from €299,458 to €215,571
- Taxes +€72,192
up €72,192 (+210%), from €34,344 to €106,536
- Financial charges +€3,324
up €3,324 (+6.2%), from €53,745 to €57,069
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 | €1,460,165 | €1,477,017 | +€16,852 | +1.2% |
| Fixed assets | 21/28 | €1,256,214 | €1,250,458 | -€5,757 | -0.5% |
| Tangible fixed assets | 22/27 | €1,256,214 | €1,250,458 | -€5,757 | -0.5% |
| Land and buildings | 22 | €1,234,930 | €1,164,813 | -€70,117 | -5.7% |
| Plant, machinery and equipment | 23 | €21,285 | €85,645 | +€64,360 | +302% |
| Current assets | 29/58 | €203,950 | €226,559 | +€22,609 | +11.1% |
| Amounts receivable within one year | 40/41 | €153,036 | €206,174 | +€53,138 | +34.7% |
| Trade receivables | 40 | €137,290 | €83,701 | -€53,589 | -39.0% |
| Other amounts receivable | 41 | €15,746 | €122,473 | +€106,727 | +678% |
| Cash at bank and in hand | 54/58 | €48,947 | €18,619 | -€30,328 | -62.0% |
| Deferred charges and accrued income | 490/1 | €1,967 | €1,766 | -€201 | -10.2% |
| Total equity and liabilities | 10/49 | €1,460,165 | €1,477,017 | +€16,852 | +1.2% |
| Equity | 10/15 | €505,489 | €447,791 | -€57,698 | -11.4% |
| Contributions | 10/11 | €736,940 | €736,940 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€231,451 | -€289,149 | -€57,698 | -24.9% |
| Amounts payable | 17/49 | €954,675 | €1,029,226 | +€74,550 | +7.8% |
| Amounts payable after more than one year | 17 | €596,320 | €674,815 | +€78,494 | +13.2% |
| Financial debts | 170/4 | €596,320 | €674,815 | +€78,494 | +13.2% |
| Amounts payable within one year | 42/48 | €358,355 | €354,411 | -€3,944 | -1.1% |
| Current portion of amounts payable after more than one year | 42 | €152,546 | €153,100 | +€554 | +0.4% |
| Trade debts | 44 | €1,436 | - | -€1,436 | |
| Suppliers | 440/4 | €1,436 | - | -€1,436 | |
| Taxes, remuneration and social security | 45 | €30,359 | €90,570 | +€60,211 | +198% |
| Taxes | 450/3 | €30,359 | €90,570 | +€60,211 | +198% |
| Other amounts payable | 47/48 | €174,015 | €110,741 | -€63,273 | -36.4% |
| Turnover | 70 | €303,559 | - | -€303,559 | |
| Goods, raw materials, services and sundry goods | 60/61 | €104,401 | - | -€104,401 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,983 | €80,006 | +€1,023 | +1.3% |
| Other operating charges | 640/8 | €26,675 | €29,659 | +€2,984 | +11.2% |
| Gross operating margin | 9900 | €299,458 | €215,571 | -€83,887 | -28.0% |
| Operating profit (loss) | 9901 | €193,800 | €105,906 | -€87,894 | -45.4% |
| Financial charges | 65/66B | €53,745 | €57,069 | +€3,324 | +6.2% |
| Recurring financial charges | 65 | €53,745 | €57,069 | +€3,324 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €140,055 | €48,838 | -€91,217 | -65.1% |
| Income taxes | 67/77 | €34,344 | €106,536 | +€72,192 | +210% |
| Profit (loss) for the period | 9904 | €105,711 | -€57,698 | -€163,409 | |
| Profit (loss) for the period to be appropriated | 9905 | €105,711 | -€57,698 | -€163,409 |
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 20 October 2026 via checked.be.