NNELI: 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.
NNELI
Largest movements
- Current investments +€20,484
new in 2025: €20,484
- Cash +€20,114
up €20,114 (+20.2%), from €99,609 to €119,723
mainly Net result for the year (+€47,431) and Tax, wage and social debts (+€1,362)
- Receivables after one year +€5,000
new in 2025: €5,000
- Receivables within one year +€2,308
up €2,308 (+21.0%), from €10,966 to €13,274
- Reserves +€45,713
up €45,713 (+55.6%), from €82,158 to €127,871
- Gross operating margin +€3,545
up €3,545 (+6.1%), from €58,013 to €61,558
- Taxes +€793
up €793 (+6.3%), from €12,527 to €13,320
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 | €112,492 | €159,714 | +€47,221 | +42.0% |
| Fixed assets | 21/28 | €383 | €110 | -€273 | -71.4% |
| Tangible fixed assets | 22/27 | €383 | €110 | -€273 | -71.4% |
| Furniture and vehicles | 24 | €383 | €110 | -€273 | -71.4% |
| Current assets | 29/58 | €112,109 | €159,604 | +€47,495 | +42.4% |
| Amounts receivable after more than one year | 29 | - | €5,000 | +€5,000 | |
| Other amounts receivable | 291 | - | €5,000 | +€5,000 | |
| Amounts receivable within one year | 40/41 | €10,966 | €13,274 | +€2,308 | +21.0% |
| Trade receivables | 40 | €10,966 | €13,274 | +€2,308 | +21.0% |
| Current investments | 50/53 | - | €20,484 | +€20,484 | |
| Cash at bank and in hand | 54/58 | €99,609 | €119,723 | +€20,114 | +20.2% |
| Deferred charges and accrued income | 490/1 | €1,534 | €1,123 | -€411 | -26.8% |
| Total equity and liabilities | 10/49 | €112,492 | €159,714 | +€47,221 | +42.0% |
| Equity | 10/15 | €87,158 | €132,871 | +€45,713 | +52.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €82,158 | €127,871 | +€45,713 | +55.6% |
| Distributable reserves | 133 | €82,158 | €127,871 | +€45,713 | +55.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €25,334 | €26,843 | +€1,509 | +6.0% |
| Amounts payable within one year | 42/48 | €25,334 | €26,843 | +€1,509 | +6.0% |
| Trade debts | 44 | €228 | €294 | +€66 | +28.9% |
| Suppliers | 440/4 | €228 | €294 | +€66 | +28.9% |
| Taxes, remuneration and social security | 45 | €22,076 | €23,438 | +€1,362 | +6.2% |
| Taxes | 450/3 | €22,048 | €23,438 | +€1,391 | +6.3% |
| Remuneration and social security | 454/9 | €28 | €0 | -€28 | -100% |
| Other amounts payable | 47/48 | €3,030 | €3,111 | +€80 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €273 | €273 | +€0 | 0.0% |
| Other operating charges | 640/8 | €781 | €818 | +€37 | +4.8% |
| Gross operating margin | 9900 | €58,013 | €61,558 | +€3,545 | +6.1% |
| Operating profit (loss) | 9901 | €56,959 | €60,466 | +€3,507 | +6.2% |
| Financial income | 75/76B | €0 | €383 | +€383 | |
| Recurring financial income | 75 | €0 | €383 | +€383 | |
| Financial charges | 65/66B | €128 | €98 | -€30 | -23.6% |
| Recurring financial charges | 65 | €128 | €98 | -€30 | -23.6% |
| Profit (loss) for the period before taxes | 9903 | €56,831 | €60,751 | +€3,920 | +6.9% |
| Income taxes | 67/77 | €12,527 | €13,320 | +€793 | +6.3% |
| Profit (loss) for the period | 9904 | €44,303 | €47,431 | +€3,127 | +7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €44,303 | €47,431 | +€3,127 | +7.1% |
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 14 October 2026 via checked.be.