NNI: 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.
NNI
Largest movements
- Stocks and contracts +€17,485
up €17,485 (+1.3%), from €1.4m to €1.4m
- Other debts +€37,536
up €37,536 (+4.2%), from €902,254 to €939,791
- Profit (loss) carried forward -€22,900
down €22,900 (-15.4%), from -€148,494 to -€171,394
- Gross operating margin +€30,399
up €30,399 (+438%), from €6,942 to €37,341
- Financial charges -€30,030
down €30,030 (-42.0%), from €71,488 to €41,458
- Depreciation +€4,547
up €4,547 (+96.3%), from €4,720 to €9,267
- Other operating charges -€2,286
down €2,286 (-19.4%), from €11,802 to €9,516
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 | €1,721,599 | €1,738,157 | +€16,558 | +1.0% |
| Fixed assets | 21/28 | €344,311 | €333,845 | -€10,467 | -3.0% |
| Tangible fixed assets | 22/27 | €343,111 | €333,845 | -€9,267 | -2.7% |
| Land and buildings | 22 | €343,111 | €333,845 | -€9,267 | -2.7% |
| Financial fixed assets | 28 | €1,200 | €0 | -€1,200 | -100% |
| Current assets | 29/58 | €1,377,288 | €1,404,312 | +€27,024 | +2.0% |
| Stocks and contracts in progress | 3 | €1,370,271 | €1,387,756 | +€17,485 | +1.3% |
| Contracts in progress | 37 | €1,370,271 | €1,387,756 | +€17,485 | +1.3% |
| Amounts receivable within one year | 40/41 | - | €1,200 | +€1,200 | |
| Other amounts receivable | 41 | - | €1,200 | +€1,200 | |
| Cash at bank and in hand | 54/58 | €4,017 | €15,356 | +€11,339 | +282% |
| Deferred charges and accrued income | 490/1 | €3,000 | €0 | -€3,000 | -100% |
| Total equity and liabilities | 10/49 | €1,721,599 | €1,738,157 | +€16,558 | +1.0% |
| Equity | 10/15 | -€142,294 | -€165,194 | -€22,900 | -16.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€148,494 | -€171,394 | -€22,900 | -15.4% |
| Amounts payable | 17/49 | €1,863,893 | €1,903,350 | +€39,458 | +2.1% |
| Amounts payable within one year | 42/48 | €1,863,893 | €1,897,350 | +€33,458 | +1.8% |
| Financial debts | 43 | €950,000 | €950,000 | = | 0.0% |
| Credit institutions | 430/8 | €950,000 | €950,000 | = | 0.0% |
| Trade debts | 44 | €11,639 | €7,560 | -€4,079 | -35.0% |
| Suppliers | 440/4 | €11,639 | €7,560 | -€4,079 | -35.0% |
| Other amounts payable | 47/48 | €902,254 | €939,791 | +€37,536 | +4.2% |
| Accrued charges and deferred income | 492/3 | - | €6,000 | +€6,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,720 | €9,267 | +€4,547 | +96.3% |
| Other operating charges | 640/8 | €11,802 | €9,516 | -€2,286 | -19.4% |
| Non-recurring operating charges | 66A | €22,831 | €0 | -€22,831 | -100% |
| Gross operating margin | 9900 | €6,942 | €37,341 | +€30,399 | +438% |
| Operating profit (loss) | 9901 | -€32,411 | €18,558 | +€50,969 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €71,488 | €41,458 | -€30,030 | -42.0% |
| Recurring financial charges | 65 | €71,488 | €41,458 | -€30,030 | -42.0% |
| Profit (loss) for the period before taxes | 9903 | -€103,898 | -€22,900 | +€80,998 | +78.0% |
| Profit (loss) for the period | 9904 | -€103,898 | -€22,900 | +€80,998 | +78.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€103,898 | -€22,900 | +€80,998 | +78.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.