niXen: 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.
niXen
Largest movements
- Receivables within one year +€12,847
up €12,847 (+341.2%), from €3,765 to €16,612
of which Trade receivables: +€10,967
- Other debts +€86,766
up €86,766 (+5905.0%), from €1,469 to €88,235
- Profit (loss) carried forward -€63,487
down €63,487 (-79.7%), from €79,650 to €16,163
- Trade debts -€9,920
down €9,920 (-93.8%), from €10,576 to €656
- Gross operating margin +€8,579
up €8,579 (+34.0%), from €25,226 to €33,806
- Taxes +€1,940
up €1,940 (+40.2%), from €4,832 to €6,773
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.
Cash bridge derived
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 | €98,596 | €111,561 | +€12,965 | +13.1% |
| Fixed assets | 21/28 | €3,282 | €4,384 | +€1,102 | +33.6% |
| Tangible fixed assets | 22/27 | €3,282 | €4,384 | +€1,102 | +33.6% |
| Furniture and vehicles | 24 | €3,282 | €4,384 | +€1,102 | +33.6% |
| Current assets | 29/58 | €95,314 | €107,177 | +€11,863 | +12.4% |
| Amounts receivable within one year | 40/41 | €3,765 | €16,612 | +€12,847 | +341.2% |
| Trade receivables | 40 | - | €10,967 | +€10,967 | |
| Other amounts receivable | 41 | €3,765 | €5,645 | +€1,880 | +49.9% |
| Cash at bank and in hand | 54/58 | €91,310 | €90,201 | -€1,110 | -1.2% |
| Deferred charges and accrued income | 490/1 | €239 | €364 | +€126 | +52.6% |
| Total equity and liabilities | 10/49 | €98,596 | €111,561 | +€12,965 | +13.1% |
| Equity | 10/15 | €83,150 | €19,663 | -€63,487 | -76.4% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,650 | €16,163 | -€63,487 | -79.7% |
| Amounts payable | 17/49 | €15,446 | €91,897 | +€76,451 | +495.0% |
| Amounts payable within one year | 42/48 | €15,435 | €91,658 | +€76,223 | +493.8% |
| Trade debts | 44 | €10,576 | €656 | -€9,920 | -93.8% |
| Suppliers | 440/4 | €10,576 | €656 | -€9,920 | -93.8% |
| Taxes, remuneration and social security | 45 | €3,390 | €2,767 | -€622 | -18.4% |
| Taxes | 450/3 | €3,390 | €2,767 | -€622 | -18.4% |
| Other amounts payable | 47/48 | €1,469 | €88,235 | +€86,766 | +5905.0% |
| Accrued charges and deferred income | 492/3 | €11 | €239 | +€228 | +2024.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,418 | €1,698 | +€280 | +19.7% |
| Other operating charges | 640/8 | €467 | €480 | +€12 | +2.7% |
| Non-recurring operating charges | 66A | €892 | - | -€892 | |
| Gross operating margin | 9900 | €25,226 | €33,806 | +€8,579 | +34.0% |
| Operating profit (loss) | 9901 | €22,449 | €31,628 | +€9,179 | +40.9% |
| Financial income | 75/76B | - | €83 | +€83 | |
| Recurring financial income | 75 | - | €83 | +€83 | |
| Financial charges | 65/66B | €45 | €189 | +€144 | +319.6% |
| Recurring financial charges | 65 | €45 | €189 | +€144 | +319.6% |
| Profit (loss) for the period before taxes | 9903 | €22,404 | €31,521 | +€9,117 | +40.7% |
| Income taxes | 67/77 | €4,832 | €6,773 | +€1,940 | +40.2% |
| Profit (loss) for the period | 9904 | €17,572 | €24,749 | +€7,177 | +40.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,572 | €24,749 | +€7,177 | +40.8% |
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 11 October 2026 via checked.be.