NIZO: 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.
NIZO
Largest movements
- Receivables within one year -€14,690
down €14,690 (-95.9%), from €15,325 to €635
of which Other amounts receivable: -€12,096
- Cash +€2,070
new in 2025: €2,070
mainly Receivables within one year (+€14,690) and Other debts (+€8,598)
- Deferred charges and accrued income -€1,348
no longer reported in 2025 (was €1,348)
- Other debts +€8,598
up €8,598 (+117.5%), from €7,320 to €15,918
- Current portion of long-term debt -€7,146
no longer reported in 2025 (was €7,146)
- Short-term financial debts -€5,837
no longer reported in 2025 (was €5,837)
- Profit (loss) carried forward -€5,161
down €5,161 (-36.9%), from -€13,969 to -€19,130
- Trade debts -€3,942
down €3,942 (-81.1%), from €4,859 to €917
- Gross operating margin -€9,862
down €9,862, from €190 to -€9,672
- Taxes -€9,212
down €9,212, from €2,072 to -€7,140
- Financial charges +€1,040
up €1,040 (+65.4%), from €1,589 to €2,629
- Other operating charges -€400
no longer reported in 2025 (was €400)
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 | €16,673 | €2,705 | -€13,968 | -83.8% |
| Current assets | 29/58 | €16,673 | €2,705 | -€13,968 | -83.8% |
| Amounts receivable within one year | 40/41 | €15,325 | €635 | -€14,690 | -95.9% |
| Trade receivables | 40 | €2,886 | €292 | -€2,594 | -89.9% |
| Other amounts receivable | 41 | €12,439 | €343 | -€12,096 | -97.2% |
| Cash at bank and in hand | 54/58 | - | €2,070 | +€2,070 | |
| Deferred charges and accrued income | 490/1 | €1,348 | - | -€1,348 | |
| Total equity and liabilities | 10/49 | €16,673 | €2,705 | -€13,968 | -83.8% |
| Equity | 10/15 | -€8,969 | -€14,130 | -€5,161 | -57.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,969 | -€19,130 | -€5,161 | -36.9% |
| Amounts payable | 17/49 | €25,642 | €16,835 | -€8,807 | -34.3% |
| Amounts payable within one year | 42/48 | €25,642 | €16,835 | -€8,807 | -34.3% |
| Current portion of amounts payable after more than one year | 42 | €7,146 | - | -€7,146 | |
| Financial debts | 43 | €5,837 | - | -€5,837 | |
| Credit institutions | 430/8 | €5,837 | - | -€5,837 | |
| Trade debts | 44 | €4,859 | €917 | -€3,942 | -81.1% |
| Suppliers | 440/4 | €4,859 | €917 | -€3,942 | -81.1% |
| Taxes, remuneration and social security | 45 | €480 | - | -€480 | |
| Taxes | 450/3 | €480 | - | -€480 | |
| Other amounts payable | 47/48 | €7,320 | €15,918 | +€8,598 | +117.5% |
| Other operating charges | 640/8 | €400 | - | -€400 | |
| Gross operating margin | 9900 | €190 | -€9,672 | -€9,862 | |
| Operating profit (loss) | 9901 | -€210 | -€9,672 | -€9,462 | -4505.7% |
| Financial charges | 65/66B | €1,589 | €2,629 | +€1,040 | +65.4% |
| Recurring financial charges | 65 | €1,589 | €2,629 | +€1,040 | +65.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,799 | -€12,301 | -€10,502 | -583.8% |
| Income taxes | 67/77 | €2,072 | -€7,140 | -€9,212 | |
| Profit (loss) for the period | 9904 | -€3,871 | -€5,161 | -€1,290 | -33.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,871 | -€5,161 | -€1,290 | -33.3% |
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.