S.NIZ: what changed
Two fiscal 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.
S.NIZ
Largest movements
- Cash -€4,117
down €4,117 (-47.5%), from €8,668 to €4,551
mainly Trade debts (-€14,520) and Receivables within one year (-€1,128)
- Receivables within one year +€1,128
up €1,128 (+3.4%), from €33,419 to €34,548
of which Trade receivables: +€1,500
- Tangible fixed assets -€523
down €523 (-38.0%), from €1,376 to €853
- Trade debts -€14,520
no longer reported in 2025 (was €14,520)
- Profit (loss) carried forward +€11,783
up €11,783 (+45.9%), from €25,650 to €37,433
- Other debts -€1,048
down €1,048 (-98.1%), from €1,068 to €20
- Gross operating margin +€10,409
up €10,409 (+214.9%), from €4,843 to €15,252
- Taxes +€2,000
up €2,000 (+211.4%), from €946 to €2,946
- Depreciation +€330
up €330 (+171.1%), from €193 to €523
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 | €43,659 | €39,952 | -€3,707 | -8.5% |
| Fixed assets | 21/28 | €1,376 | €853 | -€523 | -38.0% |
| Tangible fixed assets | 22/27 | €1,376 | €853 | -€523 | -38.0% |
| Furniture and vehicles | 24 | €1,376 | €853 | -€523 | -38.0% |
| Current assets | 29/58 | €42,283 | €39,099 | -€3,184 | -7.5% |
| Amounts receivable within one year | 40/41 | €33,419 | €34,548 | +€1,128 | +3.4% |
| Trade receivables | 40 | €30,008 | €31,508 | +€1,500 | +5.0% |
| Other amounts receivable | 41 | €3,411 | €3,039 | -€372 | -10.9% |
| Cash at bank and in hand | 54/58 | €8,668 | €4,551 | -€4,117 | -47.5% |
| Deferred charges and accrued income | 490/1 | €196 | - | -€196 | |
| Total equity and liabilities | 10/49 | €43,659 | €39,952 | -€3,707 | -8.5% |
| Equity | 10/15 | €27,650 | €39,433 | +€11,783 | +42.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,650 | €37,433 | +€11,783 | +45.9% |
| Amounts payable | 17/49 | €16,009 | €518 | -€15,491 | -96.8% |
| Amounts payable within one year | 42/48 | €16,009 | €518 | -€15,491 | -96.8% |
| Trade debts | 44 | €14,520 | - | -€14,520 | |
| Suppliers | 440/4 | €14,520 | - | -€14,520 | |
| Taxes, remuneration and social security | 45 | €421 | €498 | +€77 | +18.4% |
| Taxes | 450/3 | €421 | €498 | +€77 | +18.4% |
| Other amounts payable | 47/48 | €1,068 | €20 | -€1,048 | -98.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €193 | €523 | +€330 | +171.1% |
| Gross operating margin | 9900 | €4,843 | €15,252 | +€10,409 | +214.9% |
| Operating profit (loss) | 9901 | €4,650 | €14,729 | +€10,079 | +216.7% |
| Profit (loss) for the period before taxes | 9903 | €4,650 | €14,729 | +€10,079 | +216.7% |
| Income taxes | 67/77 | €946 | €2,946 | +€2,000 | +211.4% |
| Profit (loss) for the period | 9904 | €3,704 | €11,783 | +€8,079 | +218.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,704 | €11,783 | +€8,079 | +218.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.