Nivelles Finances: 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 Finances
Largest movements
- Cash -€34,104
down €34,104 (-3.3%), from €1.0m to €987,229
mainly Contributions, distributions and other (-€1.7m) and Receivables within one year (-€23,313)
- Receivables within one year +€23,313
up €23,313 (+21.9%), from €106,361 to €129,674
- Profit (loss) carried forward -€513,589
down €513,589 (-56.8%), from €904,084 to €390,495
- Other debts +€317,096
up €317,096 (+52.8%), from €600,512 to €917,608
- Debts after one year +€90,693
up €90,693 (+2,106%), from €4,307 to €95,000
- Tax, wage and social debts +€55,853
up €55,853 (+45.4%), from €123,099 to €178,952
of which Taxes: +€48,390
- Current portion of long-term debt +€27,954
up €27,954 (+440%), from €6,353 to €34,307
- Gross operating margin +€589,098
up €589,098 (+51.3%), from €1.1m to €1.7m
- Staff costs +€76,086
up €76,086 (+23.8%), from €319,273 to €395,359
- Taxes -€26,633
down €26,633 (-19.7%), from €135,233 to €108,600
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 | €1,699,095 | €1,666,788 | -€32,307 | -1.9% |
| Formation expenses | 20 | €1,210 | - | -€1,210 | |
| Fixed assets | 21/28 | €558,245 | €545,195 | -€13,050 | -2.3% |
| Tangible fixed assets | 22/27 | €138,096 | €125,047 | -€13,050 | -9.4% |
| Land and buildings | 22 | €112,059 | €107,623 | -€4,437 | -4.0% |
| Plant, machinery and equipment | 23 | €5,099 | €3,456 | -€1,643 | -32.2% |
| Furniture and vehicles | 24 | €20,689 | €13,855 | -€6,834 | -33.0% |
| Other tangible fixed assets | 26 | €249 | €113 | -€136 | -54.6% |
| Financial fixed assets | 28 | €420,149 | €420,149 | = | 0.0% |
| Current assets | 29/58 | €1,139,641 | €1,121,593 | -€18,047 | -1.6% |
| Amounts receivable within one year | 40/41 | €106,361 | €129,674 | +€23,313 | +21.9% |
| Other amounts receivable | 41 | €106,361 | €129,674 | +€23,313 | +21.9% |
| Cash at bank and in hand | 54/58 | €1,021,333 | €987,229 | -€34,104 | -3.3% |
| Deferred charges and accrued income | 490/1 | €11,947 | €4,690 | -€7,256 | -60.7% |
| Total equity and liabilities | 10/49 | €1,699,095 | €1,666,788 | -€32,307 | -1.9% |
| Equity | 10/15 | €945,275 | €431,686 | -€513,589 | -54.3% |
| Contributions | 10/11 | €21,644 | €21,644 | = | 0.0% |
| Reserves | 13 | €19,548 | €19,548 | = | 0.0% |
| Distributable reserves | 133 | €19,548 | €19,548 | = | 0.0% |
| Profit (loss) carried forward | 14 | €904,084 | €390,495 | -€513,589 | -56.8% |
| Amounts payable | 17/49 | €753,820 | €1,235,102 | +€481,282 | +63.8% |
| Amounts payable after more than one year | 17 | €4,307 | €95,000 | +€90,693 | +2,106% |
| Financial debts | 170/4 | €4,307 | €95,000 | +€90,693 | +2,106% |
| Amounts payable within one year | 42/48 | €749,513 | €1,140,102 | +€390,589 | +52.1% |
| Current portion of amounts payable after more than one year | 42 | €6,353 | €34,307 | +€27,954 | +440% |
| Trade debts | 44 | €19,549 | €9,235 | -€10,313 | -52.8% |
| Suppliers | 440/4 | €19,549 | €9,235 | -€10,313 | -52.8% |
| Taxes, remuneration and social security | 45 | €123,099 | €178,952 | +€55,853 | +45.4% |
| Taxes | 450/3 | €82,615 | €131,006 | +€48,390 | +58.6% |
| Remuneration and social security | 454/9 | €40,483 | €47,946 | +€7,463 | +18.4% |
| Other amounts payable | 47/48 | €600,512 | €917,608 | +€317,096 | +52.8% |
| Remuneration, social security and pensions | 62 | €319,273 | €395,359 | +€76,086 | +23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,456 | €16,650 | -€16,806 | -50.2% |
| Other operating charges | 640/8 | €11,831 | €13,525 | +€1,694 | +14.3% |
| Gross operating margin | 9900 | €1,147,372 | €1,736,469 | +€589,098 | +51.3% |
| Operating profit (loss) | 9901 | €782,811 | €1,310,935 | +€528,124 | +67.5% |
| Financial income | 75/76B | €2,539 | €7,028 | +€4,488 | +177% |
| Recurring financial income | 75 | €2,539 | €7,028 | +€4,488 | +177% |
| Financial charges | 65/66B | €1,626 | €5,771 | +€4,145 | +255% |
| Recurring financial charges | 65 | €1,626 | €5,771 | +€4,145 | +255% |
| Profit (loss) for the period before taxes | 9903 | €783,725 | €1,312,192 | +€528,467 | +67.4% |
| Income taxes | 67/77 | €135,233 | €108,600 | -€26,633 | -19.7% |
| Profit (loss) for the period | 9904 | €648,492 | €1,203,592 | +€555,100 | +85.6% |
| Profit (loss) for the period to be appropriated | 9905 | €648,492 | €1,203,592 | +€555,100 | +85.6% |
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.