NULIMAAL ICT: 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.
NULIMAAL ICT
Largest movements
- Cash -€28,718
down €28,718 (-55.9%), from €51,369 to €22,651
mainly Receivables after one year (-€25,000) and Receivables within one year (-€15,641)
- Receivables after one year +€25,000
new in 2025: €25,000
- Receivables within one year +€15,641
up €15,641 (+141%), from €11,067 to €26,708
of which Trade receivables: +€14,769
- Tangible fixed assets -€10,980
down €10,980 (-30.5%), from €36,048 to €25,068
of which Leasing and similar rights: -€8,417
- Reserves +€6,510
up €6,510 (+14.1%), from €46,030 to €52,540
- Debts after one year -€3,953
down €3,953 (-18.1%), from €21,863 to €17,910
- Other debts -€1,729
down €1,729 (-35.0%), from €4,942 to €3,213
- Gross operating margin -€862
down €862 (-3.3%), from €25,824 to €24,962
- Financial income +€531
up €531 (+584%), from €91 to €622
- Other operating charges -€440
down €440 (-23.6%), from €1,862 to €1,422
- Taxes -€301
down €301 (-7.7%), from €3,898 to €3,597
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 | €99,923 | €101,710 | +€1,787 | +1.8% |
| Fixed assets | 21/28 | €36,048 | €25,068 | -€10,980 | -30.5% |
| Tangible fixed assets | 22/27 | €36,048 | €25,068 | -€10,980 | -30.5% |
| Plant, machinery and equipment | 23 | €646 | €503 | -€143 | -22.1% |
| Furniture and vehicles | 24 | €9,460 | €7,040 | -€2,420 | -25.6% |
| Leasing and similar rights | 25 | €25,942 | €17,525 | -€8,417 | -32.4% |
| Current assets | 29/58 | €63,875 | €76,642 | +€12,767 | +20.0% |
| Amounts receivable after more than one year | 29 | - | €25,000 | +€25,000 | |
| Other amounts receivable | 291 | - | €25,000 | +€25,000 | |
| Amounts receivable within one year | 40/41 | €11,067 | €26,708 | +€15,641 | +141% |
| Trade receivables | 40 | €8,857 | €23,626 | +€14,769 | +167% |
| Other amounts receivable | 41 | €2,210 | €3,082 | +€872 | +39.5% |
| Cash at bank and in hand | 54/58 | €51,369 | €22,651 | -€28,718 | -55.9% |
| Deferred charges and accrued income | 490/1 | €1,439 | €2,283 | +€844 | +58.7% |
| Total equity and liabilities | 10/49 | €99,923 | €101,710 | +€1,787 | +1.8% |
| Equity | 10/15 | €62,310 | €68,829 | +€6,519 | +10.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €46,030 | €52,540 | +€6,510 | +14.1% |
| Distributable reserves | 133 | €46,030 | €52,540 | +€6,510 | +14.1% |
| Profit (loss) carried forward | 14 | €10,080 | €10,089 | +€9 | +0.1% |
| Amounts payable | 17/49 | €37,613 | €32,881 | -€4,732 | -12.6% |
| Amounts payable after more than one year | 17 | €21,863 | €17,910 | -€3,953 | -18.1% |
| Financial debts | 170/4 | €21,863 | €17,910 | -€3,953 | -18.1% |
| Amounts payable within one year | 42/48 | €14,474 | €13,705 | -€769 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €3,829 | €3,953 | +€124 | +3.2% |
| Trade debts | 44 | €805 | €927 | +€122 | +15.2% |
| Suppliers | 440/4 | €805 | €927 | +€122 | +15.2% |
| Taxes, remuneration and social security | 45 | €4,898 | €5,612 | +€714 | +14.6% |
| Taxes | 450/3 | €4,898 | €5,612 | +€714 | +14.6% |
| Other amounts payable | 47/48 | €4,942 | €3,213 | -€1,729 | -35.0% |
| Accrued charges and deferred income | 492/3 | €1,276 | €1,266 | -€10 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,372 | €13,160 | -€212 | -1.6% |
| Other operating charges | 640/8 | €1,862 | €1,422 | -€440 | -23.6% |
| Gross operating margin | 9900 | €25,824 | €24,962 | -€862 | -3.3% |
| Operating profit (loss) | 9901 | €10,590 | €10,380 | -€210 | -2.0% |
| Financial income | 75/76B | €91 | €622 | +€531 | +584% |
| Recurring financial income | 75 | €91 | €622 | +€531 | +584% |
| Financial charges | 65/66B | €1,011 | €886 | -€125 | -12.4% |
| Recurring financial charges | 65 | €1,011 | €886 | -€125 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €9,670 | €10,116 | +€446 | +4.6% |
| Income taxes | 67/77 | €3,898 | €3,597 | -€301 | -7.7% |
| Profit (loss) for the period | 9904 | €5,772 | €6,519 | +€747 | +12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,772 | €6,519 | +€747 | +12.9% |
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 23 October 2026 via checked.be.