NIVLOUPHIL: 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.
NIVLOUPHIL
Largest movements
- Receivables within one year +€70,796
up €70,796 (+4,991%), from €1,419 to €72,215
of which Trade receivables: +€72,000
- Cash -€33,114
down €33,114 (-99.0%), from €33,456 to €343
mainly Receivables within one year (-€70,796) and Other debts (-€22,054)
- Tangible fixed assets -€7,950
no longer reported in 2025 (was €7,950)
of which Other tangible fixed assets: -€5,378
- Stocks and contracts -€1,470
no longer reported in 2025 (was €1,470)
- Profit (loss) carried forward +€36,021
no longer reported in 2025 (was -€36,021)
- Reserves +€24,745
new in 2025: €24,745
- Other debts -€22,054
no longer reported in 2025 (was €22,054)
- Accrued charges and deferred income -€12,042
no longer reported in 2025 (was €12,042)
- Tax, wage and social debts +€7,248
up €7,248 (+101%), from €7,189 to €14,437
of which Taxes: +€11,459
- Gross operating margin +€90,948
up €90,948 (+1,206%), from €7,541 to €98,489
- Taxes +€12,884
new in 2025: €12,884
- Staff costs -€4,485
down €4,485 (-20.3%), from €22,104 to €17,619
- Other operating charges +€2,959
up €2,959 (+75.2%), from €3,933 to €6,893
- Depreciation -€2,399
no longer reported in 2025 (was €2,399)
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 | €44,295 | €72,557 | +€28,262 | +63.8% |
| Fixed assets | 21/28 | €7,950 | - | -€7,950 | |
| Tangible fixed assets | 22/27 | €7,950 | - | -€7,950 | |
| Plant, machinery and equipment | 23 | €1,141 | - | -€1,141 | |
| Furniture and vehicles | 24 | €1,431 | - | -€1,431 | |
| Other tangible fixed assets | 26 | €5,378 | - | -€5,378 | |
| Current assets | 29/58 | €36,345 | €72,557 | +€36,212 | +99.6% |
| Stocks and contracts in progress | 3 | €1,470 | - | -€1,470 | |
| Stocks | 30/36 | €1,470 | - | -€1,470 | |
| Amounts receivable within one year | 40/41 | €1,419 | €72,215 | +€70,796 | +4,991% |
| Trade receivables | 40 | - | €72,000 | +€72,000 | |
| Other amounts receivable | 41 | €1,419 | €215 | -€1,204 | -84.9% |
| Cash at bank and in hand | 54/58 | €33,456 | €343 | -€33,114 | -99.0% |
| Total equity and liabilities | 10/49 | €44,295 | €72,557 | +€28,262 | +63.8% |
| Equity | 10/15 | -€6,021 | €54,745 | +€60,766 | |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | - | €24,745 | +€24,745 | |
| Distributable reserves | 133 | - | €24,745 | +€24,745 | |
| Profit (loss) carried forward | 14 | -€36,021 | - | +€36,021 | |
| Amounts payable | 17/49 | €50,317 | €17,812 | -€32,504 | -64.6% |
| Amounts payable within one year | 42/48 | €38,274 | €17,812 | -€20,462 | -53.5% |
| Trade debts | 44 | €9,032 | €3,376 | -€5,656 | -62.6% |
| Suppliers | 440/4 | €9,032 | €3,376 | -€5,656 | -62.6% |
| Taxes, remuneration and social security | 45 | €7,189 | €14,437 | +€7,248 | +101% |
| Taxes | 450/3 | €1,425 | €12,884 | +€11,459 | +804% |
| Remuneration and social security | 454/9 | €5,764 | €1,553 | -€4,211 | -73.1% |
| Other amounts payable | 47/48 | €22,054 | - | -€22,054 | |
| Accrued charges and deferred income | 492/3 | €12,042 | - | -€12,042 | |
| Remuneration, social security and pensions | 62 | €22,104 | €17,619 | -€4,485 | -20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,399 | - | -€2,399 | |
| Other operating charges | 640/8 | €3,933 | €6,893 | +€2,959 | +75.2% |
| Gross operating margin | 9900 | €7,541 | €98,489 | +€90,948 | +1,206% |
| Operating profit (loss) | 9901 | -€20,895 | €73,977 | +€94,873 | |
| Financial income | 75/76B | €138 | €830 | +€691 | +500% |
| Recurring financial income | 75 | €138 | €830 | +€691 | +500% |
| Financial charges | 65/66B | €1,129 | €1,157 | +€27 | +2.4% |
| Recurring financial charges | 65 | €1,129 | €1,157 | +€27 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | -€21,886 | €73,650 | +€95,537 | |
| Income taxes | 67/77 | - | €12,884 | +€12,884 | |
| Profit (loss) for the period | 9904 | -€21,886 | €60,766 | +€82,652 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,886 | €60,766 | +€82,652 |
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.