NYRI: 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.
NYRI
Largest movements
- Cash +€790,077
up €790,077 (+1292.4%), from €61,132 to €851,209
mainly Stocks and contracts (+€731,526) and Depreciation (+€51,654)
- Stocks and contracts -€731,526
down €731,526 (-92.6%), from €790,276 to €58,750
- Receivables within one year -€46,010
down €46,010 (-69.0%), from €66,720 to €20,710
of which Trade receivables: -€45,985
- Tangible fixed assets -€28,031
down €28,031 (-6.2%), from €453,605 to €425,574
of which Other tangible fixed assets: -€31,205
- Debts after one year -€55,045
no longer reported in 2025 (was €55,045)
- Reserves +€46,527
up €46,527 (+52.2%), from €89,103 to €135,631
of which Distributable reserves: +€46,527
- Short-term financial debts -€40,000
down €40,000 (-40.0%), from €100,000 to €60,000
- Trade debts +€27,015
up €27,015 (+55.4%), from €48,801 to €75,816
- Current portion of long-term debt -€23,068
down €23,068 (-80.6%), from €28,609 to €5,541
- Gross operating margin +€914,466
up €914,466 (+409.3%), from €223,406 to €1.1m
- Staff costs -€49,856
down €49,856 (-29.0%), from €171,762 to €121,906
- Taxes +€21,463
up €21,463 (+870.1%), from €2,467 to €23,930
- Financial charges +€13,762
up €13,762 (+89.7%), from €15,339 to €29,101
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 | €1,402,980 | €1,378,257 | -€24,723 | -1.8% |
| Fixed assets | 21/28 | €477,999 | €437,771 | -€40,228 | -8.4% |
| Intangible fixed assets | 21 | €24,394 | €12,197 | -€12,197 | -50.0% |
| Tangible fixed assets | 22/27 | €453,605 | €425,574 | -€28,031 | -6.2% |
| Land and buildings | 22 | €53,517 | €47,538 | -€5,979 | -11.2% |
| Plant, machinery and equipment | 23 | - | €2,346 | +€2,346 | |
| Furniture and vehicles | 24 | €2,566 | €9,374 | +€6,808 | +265.3% |
| Other tangible fixed assets | 26 | €397,521 | €366,316 | -€31,205 | -7.8% |
| Current assets | 29/58 | €924,982 | €940,486 | +€15,505 | +1.7% |
| Stocks and contracts in progress | 3 | €790,276 | €58,750 | -€731,526 | -92.6% |
| Stocks | 30/36 | €790,276 | €58,750 | -€731,526 | -92.6% |
| Amounts receivable within one year | 40/41 | €66,720 | €20,710 | -€46,010 | -69.0% |
| Trade receivables | 40 | €53,455 | €7,470 | -€45,985 | -86.0% |
| Other amounts receivable | 41 | €13,265 | €13,240 | -€25 | -0.2% |
| Cash at bank and in hand | 54/58 | €61,132 | €851,209 | +€790,077 | +1292.4% |
| Deferred charges and accrued income | 490/1 | €6,853 | €9,817 | +€2,964 | +43.3% |
| Total equity and liabilities | 10/49 | €1,402,980 | €1,378,257 | -€24,723 | -1.8% |
| Equity | 10/15 | €844,907 | €891,435 | +€46,527 | +5.5% |
| Contributions | 10/11 | €648,750 | €648,750 | = | 0.0% |
| Reserves | 13 | €89,103 | €135,631 | +€46,527 | +52.2% |
| Non-distributable reserves | 130/1 | €14,000 | €14,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €14,000 | €14,000 | = | 0.0% |
| Distributable reserves | 133 | €75,103 | €121,631 | +€46,527 | +62.0% |
| Profit (loss) carried forward | 14 | €107,054 | €107,054 | = | 0.0% |
| Amounts payable | 17/49 | €558,073 | €486,823 | -€71,250 | -12.8% |
| Amounts payable after more than one year | 17 | €55,045 | - | -€55,045 | |
| Financial debts | 170/4 | €55,045 | - | -€55,045 | |
| Amounts payable within one year | 42/48 | €502,113 | €485,218 | -€16,895 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €28,609 | €5,541 | -€23,068 | -80.6% |
| Financial debts | 43 | €100,000 | €60,000 | -€40,000 | -40.0% |
| Credit institutions | 430/8 | €100,000 | €60,000 | -€40,000 | -40.0% |
| Trade debts | 44 | €48,801 | €75,816 | +€27,015 | +55.4% |
| Suppliers | 440/4 | €48,801 | €75,816 | +€27,015 | +55.4% |
| Taxes, remuneration and social security | 45 | €38,807 | €47,628 | +€8,821 | +22.7% |
| Taxes | 450/3 | €9,861 | €22,074 | +€12,213 | +123.8% |
| Remuneration and social security | 454/9 | €28,946 | €25,554 | -€3,392 | -11.7% |
| Other amounts payable | 47/48 | €285,896 | €296,233 | +€10,337 | +3.6% |
| Accrued charges and deferred income | 492/3 | €915 | €1,605 | +€689 | +75.3% |
| Non-recurring operating income | 76A | - | €1,033,991 | +€1.0m | |
| Remuneration, social security and pensions | 62 | €171,762 | €121,906 | -€49,856 | -29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,184 | €51,654 | +€470 | +0.9% |
| Other operating charges | 640/8 | €7,344 | €7,428 | +€84 | +1.1% |
| Non-recurring operating charges | 66A | - | €862,965 | +€862,965 | |
| Gross operating margin | 9900 | €223,406 | €1,137,872 | +€914,466 | +409.3% |
| Operating profit (loss) | 9901 | -€6,884 | €93,920 | +€100,803 | |
| Financial income | 75/76B | €6,437 | €5,638 | -€798 | -12.4% |
| Recurring financial income | 75 | €6,437 | €5,638 | -€798 | -12.4% |
| Financial charges | 65/66B | €15,339 | €29,101 | +€13,762 | +89.7% |
| Recurring financial charges | 65 | €15,339 | €29,101 | +€13,762 | +89.7% |
| Profit (loss) for the period before taxes | 9903 | -€15,786 | €70,458 | +€86,243 | |
| Income taxes | 67/77 | €2,467 | €23,930 | +€21,463 | +870.1% |
| Profit (loss) for the period | 9904 | -€18,252 | €46,527 | +€64,780 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,252 | €46,527 | +€64,780 |
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.