NIYAESH: 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.
NIYAESH
Largest movements
- Receivables within one year -€21,298
down €21,298 (-86.6%), from €24,591 to €3,293
of which Other amounts receivable: -€11,098
- Stocks and contracts +€8,141
up €8,141 (+37.4%), from €21,752 to €29,893
- Tangible fixed assets -€7,607
down €7,607 (-39.3%), from €19,346 to €11,739
- Cash -€5,728
down €5,728 (-74.4%), from €7,703 to €1,976
mainly Trade debts (-€17,093) and Current portion of long-term debt (-€12,190)
- Deferred charges and accrued income +€831
up €831 (+82.9%), from €1,003 to €1,834
- Trade debts -€17,093
down €17,093 (-75.2%), from €22,733 to €5,639
- Current portion of long-term debt -€12,190
no longer reported in 2025 (was €12,190)
- Other debts +€5,216
new in 2025: €5,216
- Tax, wage and social debts -€2,823
down €2,823 (-22.6%), from €12,495 to €9,672
of which Remuneration and social security: -€1,981
- Profit (loss) carried forward +€1,231
up €1,231 (+10.0%), from €12,357 to €13,587
- Staff costs +€5,657
up €5,657 (+24.8%), from €22,803 to €28,460
- Other operating charges -€1,927
down €1,927 (-56.9%), from €3,389 to €1,462
- Gross operating margin +€1,713
up €1,713 (+4.3%), from €39,876 to €41,588
- Financial charges -€929
down €929 (-37.1%), from €2,502 to €1,573
- Taxes -€666
down €666 (-34.6%), from €1,922 to €1,256
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 | €78,774 | €53,114 | -€25,660 | -32.6% |
| Fixed assets | 21/28 | €23,726 | €16,119 | -€7,607 | -32.1% |
| Tangible fixed assets | 22/27 | €19,346 | €11,739 | -€7,607 | -39.3% |
| Furniture and vehicles | 24 | €19,346 | €11,739 | -€7,607 | -39.3% |
| Financial fixed assets | 28 | €4,380 | €4,380 | = | 0.0% |
| Current assets | 29/58 | €55,048 | €36,995 | -€18,053 | -32.8% |
| Stocks and contracts in progress | 3 | €21,752 | €29,893 | +€8,141 | +37.4% |
| Stocks | 30/36 | €21,752 | €29,893 | +€8,141 | +37.4% |
| Amounts receivable within one year | 40/41 | €24,591 | €3,293 | -€21,298 | -86.6% |
| Trade receivables | 40 | €10,199 | - | -€10,199 | |
| Other amounts receivable | 41 | €14,391 | €3,293 | -€11,098 | -77.1% |
| Cash at bank and in hand | 54/58 | €7,703 | €1,976 | -€5,728 | -74.4% |
| Deferred charges and accrued income | 490/1 | €1,003 | €1,834 | +€831 | +82.9% |
| Total equity and liabilities | 10/49 | €78,774 | €53,114 | -€25,660 | -32.6% |
| Equity | 10/15 | €31,357 | €32,587 | +€1,231 | +3.9% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,357 | €13,587 | +€1,231 | +10.0% |
| Amounts payable | 17/49 | €47,418 | €20,527 | -€26,891 | -56.7% |
| Amounts payable within one year | 42/48 | €47,418 | €20,527 | -€26,891 | -56.7% |
| Current portion of amounts payable after more than one year | 42 | €12,190 | - | -€12,190 | |
| Financial debts | 43 | €0 | - | -€0 | |
| Credit institutions | 430/8 | €0 | - | -€0 | |
| Trade debts | 44 | €22,733 | €5,639 | -€17,093 | -75.2% |
| Suppliers | 440/4 | €22,733 | €5,639 | -€17,093 | -75.2% |
| Taxes, remuneration and social security | 45 | €12,495 | €9,672 | -€2,823 | -22.6% |
| Taxes | 450/3 | €6,308 | €5,466 | -€842 | -13.3% |
| Remuneration and social security | 454/9 | €6,187 | €4,206 | -€1,981 | -32.0% |
| Other amounts payable | 47/48 | - | €5,216 | +€5,216 | |
| Remuneration, social security and pensions | 62 | €22,803 | €28,460 | +€5,657 | +24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,580 | €7,607 | +€26 | +0.3% |
| Other operating charges | 640/8 | €3,389 | €1,462 | -€1,927 | -56.9% |
| Gross operating margin | 9900 | €39,876 | €41,588 | +€1,713 | +4.3% |
| Operating profit (loss) | 9901 | €6,103 | €4,060 | -€2,043 | -33.5% |
| Financial charges | 65/66B | €2,502 | €1,573 | -€929 | -37.1% |
| Recurring financial charges | 65 | €2,502 | €1,573 | -€929 | -37.1% |
| Profit (loss) for the period before taxes | 9903 | €3,601 | €2,487 | -€1,114 | -30.9% |
| Income taxes | 67/77 | €1,922 | €1,256 | -€666 | -34.6% |
| Profit (loss) for the period | 9904 | €1,679 | €1,231 | -€448 | -26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,679 | €1,231 | -€448 | -26.7% |
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.