NIXINVEST: what changed
NIXINVEST
Largest movements
- Receivables within one year -€293,567
down €293,567 (-68.0%), from €431,675 to €138,108
of which Trade receivables: -€383,220
- Cash -€290,448
down €290,448 (-98.5%), from €294,878 to €4,429
mainly Debts after one year (-€328,639) and Current investments (-€189,135)
- Current investments +€189,135
new in 2025: €189,135
- Tangible fixed assets -€76,131
down €76,131 (-6.4%), from €1.2m to €1.1m
of which Land and buildings: -€86,139
- Receivables after one year +€55,000
up €55,000 (+190%), from €29,000 to €84,000
- Debts after one year -€328,639
down €328,639 (-33.0%), from €996,949 to €668,310
- Profit (loss) carried forward -€55,403
new in 2025: -€55,403
- Reserves -€53,794
down €53,794 (-10.0%), from €536,490 to €482,696
of which Tax-exempt reserves: -€48,836
- Trade debts +€37,933
up €37,933 (+200%), from €18,933 to €56,866
- Gross operating margin -€387,467
down €387,467, from €351,781 to -€35,687
- Taxes -€69,530
down €69,530 (-99.3%), from €70,027 to €498
- Financial income +€40,005
up €40,005 (+1,905%), from €2,100 to €42,105
- Other operating charges -€15,963
down €15,963 (-63.6%), from €25,101 to €9,138
- Financial charges -€9,943
down €9,943 (-22.5%), from €44,211 to €34,267
of which Financial charges: -€17,871
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,947,577 | €1,537,318 | -€410,259 | -21.1% |
| Fixed assets | 21/28 | €1,191,511 | €1,115,379 | -€76,131 | -6.4% |
| Tangible fixed assets | 22/27 | €1,191,511 | €1,115,379 | -€76,131 | -6.4% |
| Land and buildings | 22 | €1,107,990 | €1,021,851 | -€86,139 | -7.8% |
| Furniture and vehicles | 24 | €83,521 | €90,315 | +€6,794 | +8.1% |
| Other tangible fixed assets | 26 | - | €3,214 | +€3,214 | |
| Current assets | 29/58 | €756,066 | €421,938 | -€334,128 | -44.2% |
| Amounts receivable after more than one year | 29 | €29,000 | €84,000 | +€55,000 | +190% |
| Other amounts receivable | 291 | €29,000 | €84,000 | +€55,000 | +190% |
| Amounts receivable within one year | 40/41 | €431,675 | €138,108 | -€293,567 | -68.0% |
| Trade receivables | 40 | €384,450 | €1,230 | -€383,220 | -99.7% |
| Other amounts receivable | 41 | €47,224 | €136,878 | +€89,653 | +190% |
| Current investments | 50/53 | - | €189,135 | +€189,135 | |
| Cash at bank and in hand | 54/58 | €294,878 | €4,429 | -€290,448 | -98.5% |
| Deferred charges and accrued income | 490/1 | €514 | €6,267 | +€5,753 | +1,120% |
| Total equity and liabilities | 10/49 | €1,947,577 | €1,537,318 | -€410,259 | -21.1% |
| Equity | 10/15 | €597,990 | €488,793 | -€109,197 | -18.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €536,490 | €482,696 | -€53,794 | -10.0% |
| Tax-exempt reserves | 132 | €332,726 | €283,890 | -€48,836 | -14.7% |
| Distributable reserves | 133 | €203,764 | €198,806 | -€4,958 | -2.4% |
| Profit (loss) carried forward | 14 | - | -€55,403 | -€55,403 | |
| Provisions and deferred taxes | 16 | €192,337 | €176,058 | -€16,279 | -8.5% |
| Deferred taxes | 168 | €192,337 | €176,058 | -€16,279 | -8.5% |
| Amounts payable | 17/49 | €1,157,250 | €872,467 | -€284,783 | -24.6% |
| Amounts payable after more than one year | 17 | €996,949 | €668,310 | -€328,639 | -33.0% |
| Financial debts | 170/4 | €996,949 | €668,310 | -€328,639 | -33.0% |
| Amounts payable within one year | 42/48 | €159,428 | €203,284 | +€43,856 | +27.5% |
| Current portion of amounts payable after more than one year | 42 | €65,076 | €65,639 | +€563 | +0.9% |
| Trade debts | 44 | €18,933 | €56,866 | +€37,933 | +200% |
| Suppliers | 440/4 | €18,933 | €56,866 | +€37,933 | +200% |
| Taxes, remuneration and social security | 45 | €70,145 | €70,254 | +€109 | +0.2% |
| Taxes | 450/3 | €70,145 | €70,254 | +€109 | +0.2% |
| Other amounts payable | 47/48 | €5,274 | €10,525 | +€5,251 | +99.6% |
| Accrued charges and deferred income | 492/3 | €872 | €872 | = | 0.0% |
| Non-recurring operating income | 76A | €323,626 | - | -€323,626 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,383 | €87,992 | +€1,609 | +1.9% |
| Other operating charges | 640/8 | €25,101 | €9,138 | -€15,963 | -63.6% |
| Gross operating margin | 9900 | €351,781 | -€35,687 | -€387,467 | |
| Operating profit (loss) | 9901 | €240,297 | -€132,816 | -€373,113 | |
| Financial income | 75/76B | €2,100 | €42,105 | +€40,005 | +1,905% |
| Recurring financial income | 75 | €2,100 | €42,105 | +€40,005 | +1,905% |
| Financial charges | 65/66B | €44,211 | €34,267 | -€9,943 | -22.5% |
| Recurring financial charges | 65 | €44,211 | €26,340 | -€17,871 | -40.4% |
| Non-recurring financial charges | 66B | - | €7,928 | +€7,928 | |
| Profit (loss) for the period before taxes | 9903 | €198,186 | -€124,979 | -€323,165 | |
| Transfer from deferred taxes | 780 | €60,835 | €16,279 | -€44,557 | -73.2% |
| Income taxes | 67/77 | €70,027 | €498 | -€69,530 | -99.3% |
| Profit (loss) for the period | 9904 | €188,994 | -€109,197 | -€298,191 | |
| Transfer from tax-exempt reserves | 789 | €136,762 | €48,836 | -€87,925 | -64.3% |
| Profit (loss) for the period to be appropriated | 9905 | €325,756 | -€60,361 | -€386,117 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.