Niyamas: what changed
Niyamas
Largest movements
- Cash +€29,433
up €29,433 (+144%), from €20,395 to €49,829
mainly Other debts (+€25,972) and Net result for the year (+€17,459)
- Receivables within one year -€6,704
down €6,704 (-48.4%), from €13,848 to €7,145
of which Trade receivables: -€6,138
- Tangible fixed assets -€1,297
down €1,297 (-14.9%), from €8,719 to €7,421
of which Leasing and similar rights: -€1,768
- Other debts +€25,972
up €25,972 (+104%), from €24,924 to €50,896
- Profit (loss) carried forward -€6,034
down €6,034 (-100%), from €6,034 to €0
- Trade debts +€1,974
up €1,974 (+922%), from €214 to €2,188
- Tax, wage and social debts -€938
down €938 (-8.6%), from €10,925 to €9,987
- Gross operating margin +€15,871
up €15,871 (+142%), from €11,165 to €27,036
- Taxes +€3,340
up €3,340 (+143%), from €2,337 to €5,678
- Other operating charges +€329
up €329 (+36.7%), from €895 to €1,223
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 | €43,079 | €64,660 | +€21,581 | +50.1% |
| Fixed assets | 21/28 | €8,719 | €7,421 | -€1,297 | -14.9% |
| Tangible fixed assets | 22/27 | €8,719 | €7,421 | -€1,297 | -14.9% |
| Land and buildings | 22 | €4,761 | €4,166 | -€595 | -12.5% |
| Plant, machinery and equipment | 23 | - | €1,066 | +€1,066 | |
| Leasing and similar rights | 25 | €3,957 | €2,189 | -€1,768 | -44.7% |
| Current assets | 29/58 | €34,360 | €57,238 | +€22,878 | +66.6% |
| Amounts receivable within one year | 40/41 | €13,848 | €7,145 | -€6,704 | -48.4% |
| Trade receivables | 40 | €13,130 | €6,992 | -€6,138 | -46.7% |
| Other amounts receivable | 41 | €718 | €153 | -€565 | -78.8% |
| Cash at bank and in hand | 54/58 | €20,395 | €49,829 | +€29,433 | +144% |
| Deferred charges and accrued income | 490/1 | €117 | €265 | +€148 | +126% |
| Total equity and liabilities | 10/49 | €43,079 | €64,660 | +€21,581 | +50.1% |
| Equity | 10/15 | €7,006 | €972 | -€6,034 | -86.1% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €872 | €872 | = | 0.0% |
| Distributable reserves | 133 | €872 | €872 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,034 | €0 | -€6,034 | -100% |
| Amounts payable | 17/49 | €36,073 | €63,688 | +€27,614 | +76.6% |
| Amounts payable within one year | 42/48 | €36,073 | €63,688 | +€27,614 | +76.6% |
| Financial debts | 43 | €10 | €616 | +€607 | +6,095% |
| Credit institutions | 430/8 | €10 | €616 | +€607 | +6,095% |
| Trade debts | 44 | €214 | €2,188 | +€1,974 | +922% |
| Suppliers | 440/4 | €214 | €2,188 | +€1,974 | +922% |
| Taxes, remuneration and social security | 45 | €10,925 | €9,987 | -€938 | -8.6% |
| Taxes | 450/3 | €10,925 | €9,987 | -€938 | -8.6% |
| Other amounts payable | 47/48 | €24,924 | €50,896 | +€25,972 | +104% |
| Remuneration, social security and pensions | 62 | €7 | €0 | -€7 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,363 | €2,469 | +€106 | +4.5% |
| Other operating charges | 640/8 | €895 | €1,223 | +€329 | +36.7% |
| Gross operating margin | 9900 | €11,165 | €27,036 | +€15,871 | +142% |
| Operating profit (loss) | 9901 | €7,900 | €23,343 | +€15,443 | +195% |
| Financial income | 75/76B | €4 | €0 | -€4 | -93.2% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -93.2% |
| Financial charges | 65/66B | €82 | €207 | +€125 | +151% |
| Recurring financial charges | 65 | €82 | €207 | +€125 | +151% |
| Profit (loss) for the period before taxes | 9903 | €7,823 | €23,137 | +€15,314 | +196% |
| Income taxes | 67/77 | €2,337 | €5,678 | +€3,340 | +143% |
| Profit (loss) for the period | 9904 | €5,485 | €17,459 | +€11,974 | +218% |
| Profit (loss) for the period to be appropriated | 9905 | €5,485 | €17,459 | +€11,974 | +218% |
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 5 November 2026 via checked.be.