NIYAMA: 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.
NIYAMA
Largest movements
- Receivables within one year +€345,320
up €345,320 (+10,642%), from €3,245 to €348,565
of which Other amounts receivable: +€345,128
- Current investments -€185,029
down €185,029 (-45.2%), from €409,427 to €224,398
- Receivables after one year -€76,633
down €76,633 (-83.2%), from €92,102 to €15,469
- Cash -€59,090
down €59,090 (-76.4%), from €77,380 to €18,290
mainly Contributions, distributions and other (-€381,970) and Receivables within one year (-€345,320)
- Tangible fixed assets -€9,902
down €9,902 (-4.4%), from €224,033 to €214,131
of which Land and buildings: -€7,170
- Other debts +€250,465
up €250,465 (+190%), from €131,505 to €381,970
- Reserves -€221,462
down €221,462 (-39.6%), from €559,035 to €337,573
- Debts after one year -€10,244
down €10,244 (-14.6%), from €70,030 to €59,786
- Gross operating margin +€42,461
up €42,461 (+22.1%), from €191,942 to €234,403
- Financial charges -€28,778
down €28,778 (-76.4%), from €37,677 to €8,899
of which Non-recurring financial charges: -€27,270
- Financial income -€24,955
down €24,955 (-46.4%), from €53,827 to €28,872
of which Non-recurring financial income: -€19,853
- Staff costs +€9,435
up €9,435 (+82.5%), from €11,435 to €20,871
- Taxes +€4,999
up €4,999 (+7.9%), from €63,238 to €68,237
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 | €809,228 | €822,702 | +€13,474 | +1.7% |
| Fixed assets | 21/28 | €224,033 | €214,131 | -€9,902 | -4.4% |
| Tangible fixed assets | 22/27 | €224,033 | €214,131 | -€9,902 | -4.4% |
| Land and buildings | 22 | €207,752 | €200,582 | -€7,170 | -3.5% |
| Plant, machinery and equipment | 23 | €1,308 | €762 | -€546 | -41.8% |
| Furniture and vehicles | 24 | €2,747 | €2,438 | -€309 | -11.2% |
| Other tangible fixed assets | 26 | €12,227 | €10,349 | -€1,878 | -15.4% |
| Current assets | 29/58 | €585,194 | €608,571 | +€23,376 | +4.0% |
| Amounts receivable after more than one year | 29 | €92,102 | €15,469 | -€76,633 | -83.2% |
| Other amounts receivable | 291 | €92,102 | €15,469 | -€76,633 | -83.2% |
| Amounts receivable within one year | 40/41 | €3,245 | €348,565 | +€345,320 | +10,642% |
| Trade receivables | 40 | €196 | €388 | +€192 | +97.9% |
| Other amounts receivable | 41 | €3,049 | €348,176 | +€345,128 | +11,321% |
| Current investments | 50/53 | €409,427 | €224,398 | -€185,029 | -45.2% |
| Cash at bank and in hand | 54/58 | €77,380 | €18,290 | -€59,090 | -76.4% |
| Deferred charges and accrued income | 490/1 | €3,041 | €1,849 | -€1,192 | -39.2% |
| Total equity and liabilities | 10/49 | €809,228 | €822,702 | +€13,474 | +1.7% |
| Equity | 10/15 | €584,200 | €356,123 | -€228,077 | -39.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €559,035 | €337,573 | -€221,462 | -39.6% |
| Distributable reserves | 133 | €559,035 | €337,573 | -€221,462 | -39.6% |
| Profit (loss) carried forward | 14 | €6,615 | - | -€6,615 | |
| Amounts payable | 17/49 | €225,028 | €466,579 | +€241,551 | +107% |
| Amounts payable after more than one year | 17 | €70,030 | €59,786 | -€10,244 | -14.6% |
| Financial debts | 170/4 | €70,030 | €59,786 | -€10,244 | -14.6% |
| Amounts payable within one year | 42/48 | €154,598 | €404,793 | +€250,195 | +162% |
| Current portion of amounts payable after more than one year | 42 | €10,060 | €10,244 | +€184 | +1.8% |
| Taxes, remuneration and social security | 45 | €13,033 | €12,579 | -€454 | -3.5% |
| Taxes | 450/3 | €13,033 | €9,913 | -€3,120 | -23.9% |
| Remuneration and social security | 454/9 | - | €2,666 | +€2,666 | |
| Other amounts payable | 47/48 | €131,505 | €381,970 | +€250,465 | +190% |
| Accrued charges and deferred income | 492/3 | €400 | €2,000 | +€1,600 | +400% |
| Remuneration, social security and pensions | 62 | €11,435 | €20,871 | +€9,435 | +82.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,902 | €9,902 | = | 0.0% |
| Other operating charges | 640/8 | €1,826 | €1,473 | -€353 | -19.3% |
| Gross operating margin | 9900 | €191,942 | €234,403 | +€42,461 | +22.1% |
| Operating profit (loss) | 9901 | €168,778 | €202,157 | +€33,379 | +19.8% |
| Financial income | 75/76B | €53,827 | €28,872 | -€24,955 | -46.4% |
| Recurring financial income | 75 | €11,378 | €6,276 | -€5,102 | -44.8% |
| Non-recurring financial income | 76B | €42,448 | €22,596 | -€19,853 | -46.8% |
| Financial charges | 65/66B | €37,677 | €8,899 | -€28,778 | -76.4% |
| Recurring financial charges | 65 | €1,983 | €474 | -€1,509 | -76.1% |
| Non-recurring financial charges | 66B | €35,694 | €8,424 | -€27,270 | -76.4% |
| Profit (loss) for the period before taxes | 9903 | €184,928 | €222,130 | +€37,202 | +20.1% |
| Income taxes | 67/77 | €63,238 | €68,237 | +€4,999 | +7.9% |
| Profit (loss) for the period | 9904 | €121,690 | €153,893 | +€32,203 | +26.5% |
| Profit (loss) for the period to be appropriated | 9905 | €121,690 | €153,893 | +€32,203 | +26.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.