PER NIVO: 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.
PER NIVO
Largest movements
- Receivables within one year +€25,057
up €25,057 (+149%), from €16,815 to €41,873
of which Other amounts receivable: +€26,605
- Cash +€6,325
new in 2025: €6,325
mainly Tax, wage and social debts (+€26,274) and Net result for the year (+€15,373)
- Tax, wage and social debts +€26,274
up €26,274 (+103%), from €25,418 to €51,692
of which Taxes: +€28,349
- Profit (loss) carried forward +€15,373
up €15,373 (+41.2%), from €37,296 to €52,669
- Debts after one year -€13,761
down €13,761 (-70.4%), from €19,557 to €5,796
- Accrued charges and deferred income +€5,517
up €5,517 (+349%), from €1,582 to €7,099
- Short-term financial debts -€1,945
no longer reported in 2025 (was €1,945)
- Gross operating margin -€3,065
down €3,065 (-9.7%), from €31,445 to €28,380
- Other operating charges -€1,771
down €1,771 (-54.2%), from €3,266 to €1,495
- Financial income +€1,482
up €1,482 (+182,935%), from €1 to €1,483
- Taxes -€1,151
down €1,151 (-12.0%), from €9,623 to €8,472
- Financial charges +€1,083
up €1,083 (+48.5%), from €2,230 to €3,313
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 | €119,596 | €151,042 | +€31,446 | +26.3% |
| Fixed assets | 21/28 | €100,363 | €100,113 | -€251 | -0.2% |
| Tangible fixed assets | 22/27 | €363 | €113 | -€251 | -69.0% |
| Furniture and vehicles | 24 | €363 | €113 | -€251 | -69.0% |
| Financial fixed assets | 28 | €100,000 | €100,000 | = | 0.0% |
| Current assets | 29/58 | €19,232 | €50,929 | +€31,697 | +165% |
| Stocks and contracts in progress | 3 | €1,223 | €1,223 | = | 0.0% |
| Stocks | 30/36 | €1,223 | €1,223 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €16,815 | €41,873 | +€25,057 | +149% |
| Trade receivables | 40 | €1,866 | €319 | -€1,547 | -82.9% |
| Other amounts receivable | 41 | €14,949 | €41,554 | +€26,605 | +178% |
| Cash at bank and in hand | 54/58 | - | €6,325 | +€6,325 | |
| Deferred charges and accrued income | 490/1 | €1,194 | €1,508 | +€314 | +26.3% |
| Total equity and liabilities | 10/49 | €119,596 | €151,042 | +€31,446 | +26.3% |
| Equity | 10/15 | €53,297 | €68,670 | +€15,373 | +28.8% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €16,000 | €16,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,000 | - | -€16,000 | |
| Reserves not available under the articles | 1311 | €16,000 | - | -€16,000 | |
| Distributable reserves | 133 | - | €16,000 | +€16,000 | |
| Profit (loss) carried forward | 14 | €37,296 | €52,669 | +€15,373 | +41.2% |
| Amounts payable | 17/49 | €66,299 | €82,373 | +€16,074 | +24.2% |
| Amounts payable after more than one year | 17 | €19,557 | €5,796 | -€13,761 | -70.4% |
| Financial debts | 170/4 | €19,557 | €5,796 | -€13,761 | -70.4% |
| Amounts payable within one year | 42/48 | €45,159 | €69,477 | +€24,318 | +53.8% |
| Current portion of amounts payable after more than one year | 42 | €13,458 | €13,761 | +€303 | +2.3% |
| Financial debts | 43 | €1,945 | - | -€1,945 | |
| Other loans | 439 | €1,945 | - | -€1,945 | |
| Trade debts | 44 | €4,339 | €4,025 | -€314 | -7.2% |
| Suppliers | 440/4 | €4,339 | €4,025 | -€314 | -7.2% |
| Taxes, remuneration and social security | 45 | €25,418 | €51,692 | +€26,274 | +103% |
| Taxes | 450/3 | €23,343 | €51,692 | +€28,349 | +121% |
| Remuneration and social security | 454/9 | €2,075 | - | -€2,075 | |
| Accrued charges and deferred income | 492/3 | €1,582 | €7,099 | +€5,517 | +349% |
| Remuneration, social security and pensions | 62 | €1,920 | €960 | -€960 | -50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €367 | €251 | -€116 | -31.7% |
| Other operating charges | 640/8 | €3,266 | €1,495 | -€1,771 | -54.2% |
| Gross operating margin | 9900 | €31,445 | €28,380 | -€3,065 | -9.7% |
| Operating profit (loss) | 9901 | €25,893 | €25,675 | -€218 | -0.8% |
| Financial income | 75/76B | €1 | €1,483 | +€1,482 | +182,935% |
| Recurring financial income | 75 | €1 | €1,483 | +€1,482 | +182,935% |
| Financial charges | 65/66B | €2,230 | €3,313 | +€1,083 | +48.5% |
| Recurring financial charges | 65 | €2,230 | €3,313 | +€1,083 | +48.5% |
| Profit (loss) for the period before taxes | 9903 | €23,664 | €23,844 | +€181 | +0.8% |
| Income taxes | 67/77 | €9,623 | €8,472 | -€1,151 | -12.0% |
| Profit (loss) for the period | 9904 | €14,041 | €15,373 | +€1,332 | +9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,041 | €15,373 | +€1,332 | +9.5% |
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 31 October 2026 via checked.be.