NIVINNOVATION: 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.
NIVINNOVATION
Largest movements
- Current investments -€175,000
down €175,000 (-18.9%), from €924,804 to €749,804
- Deferred charges and accrued income -€15,897
no longer reported in 2025 (was €15,897)
- Other debts -€104,331
down €104,331 (-39.7%), from €262,941 to €158,611
- Reserves -€55,900
down €55,900 (-12.6%), from €445,160 to €389,260
- Tax, wage and social debts -€18,126
down €18,126 (-34.6%), from €52,386 to €34,260
of which Taxes: -€15,145
- Financial income -€21,053
down €21,053 (-79.6%), from €26,435 to €5,382
- Gross operating margin +€20,300
up €20,300 (+21.0%), from €96,882 to €117,182
- Taxes +€1,606
up €1,606 (+5.3%), from €30,511 to €32,117
- Other operating charges +€1,386
new in 2025: €1,386
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 | €1,053,676 | €870,671 | -€183,004 | -17.4% |
| Fixed assets | 21/28 | €800 | €800 | = | 0.0% |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €1,052,876 | €869,871 | -€183,004 | -17.4% |
| Amounts receivable within one year | 40/41 | €70,169 | €74,022 | +€3,853 | +5.5% |
| Trade receivables | 40 | €13,885 | €17,130 | +€3,245 | +23.4% |
| Other amounts receivable | 41 | €56,284 | €56,892 | +€608 | +1.1% |
| Current investments | 50/53 | €924,804 | €749,804 | -€175,000 | -18.9% |
| Cash at bank and in hand | 54/58 | €42,006 | €46,046 | +€4,040 | +9.6% |
| Deferred charges and accrued income | 490/1 | €15,897 | - | -€15,897 | |
| Total equity and liabilities | 10/49 | €1,053,676 | €870,671 | -€183,004 | -17.4% |
| Equity | 10/15 | €733,521 | €677,642 | -€55,878 | -7.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Share premium | 1100/10 | - | €12,400 | +€12,400 | |
| Other | 1109/19 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €445,160 | €389,260 | -€55,900 | -12.6% |
| Distributable reserves | 133 | €445,160 | €389,260 | -€55,900 | -12.6% |
| Profit (loss) carried forward | 14 | €275,961 | €275,982 | +€22 | 0.0% |
| Amounts payable | 17/49 | €320,155 | €193,029 | -€127,126 | -39.7% |
| Amounts payable within one year | 42/48 | €318,227 | €193,029 | -€125,198 | -39.3% |
| Trade debts | 44 | €2,900 | €159 | -€2,742 | -94.5% |
| Suppliers | 440/4 | €2,900 | €159 | -€2,742 | -94.5% |
| Taxes, remuneration and social security | 45 | €52,386 | €34,260 | -€18,126 | -34.6% |
| Taxes | 450/3 | €49,405 | €34,260 | -€15,145 | -30.7% |
| Remuneration and social security | 454/9 | €2,981 | - | -€2,981 | |
| Other amounts payable | 47/48 | €262,941 | €158,611 | -€104,331 | -39.7% |
| Accrued charges and deferred income | 492/3 | €1,928 | - | -€1,928 | |
| Other operating charges | 640/8 | - | €1,386 | +€1,386 | |
| Gross operating margin | 9900 | €96,882 | €117,182 | +€20,300 | +21.0% |
| Operating profit (loss) | 9901 | €96,882 | €115,796 | +€18,914 | +19.5% |
| Financial income | 75/76B | €26,435 | €5,382 | -€21,053 | -79.6% |
| Recurring financial income | 75 | €26,435 | €5,382 | -€21,053 | -79.6% |
| Financial charges | 65/66B | €415 | €440 | +€24 | +5.9% |
| Recurring financial charges | 65 | €415 | €440 | +€24 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | €122,902 | €120,739 | -€2,163 | -1.8% |
| Income taxes | 67/77 | €30,511 | €32,117 | +€1,606 | +5.3% |
| Profit (loss) for the period | 9904 | €92,391 | €88,622 | -€3,769 | -4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €92,391 | €88,622 | -€3,769 | -4.1% |
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 1 November 2026 via checked.be.