Skip to content

NANIM: 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.

What changed

NANIM

BE 0428.446.525
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€13,579
2024 · -€14,600+€1,021
Equity
€580,918
2024 · €594,497-€13,579
Cash
€71,929
2024 · €74,499-€2,570
Balance sheet total
€722,881
2024 · €756,076-€33,196

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€30,957

    down €30,957 (-4.6%), from €677,786 to €646,829

Equity and liabilities
  • Reserves -€323,304

    down €323,304 (-54.4%), from €594,575 to €271,271

    of which Distributable reserves: -€310,000

  • Contributions +€310,000

    up €310,000, from €0 to €310,000

  • Other debts -€10,513

    down €10,513 (-10.2%), from €103,541 to €93,028

  • Debts after one year -€9,197

    down €9,197 (-24.4%), from €37,629 to €28,432

Income statement
  • Gross operating margin +€709

    up €709 (+2.3%), from €31,313 to €32,022

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€14,600
Gross operating margin +€709
Other operating charges +€273
Financial charges +€36
Taxes +€3
Result 2025 -€13,579
raises the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€6,489
Investment €0
Financing -€9,060
Cash 2024 €74,499
Net result for the year -€13,579
Depreciation +€30,957
Deferred charges and accrued income -€332
Trade debts +€46
Other debts -€10,513
Accrued charges and deferred income -€90
Debts after one year -€9,197
Current portion of long-term debt +€137
Cash 2025 €71,929
brings cash intakes cash out
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €756,076 €722,881 -€33,196 -4.4%
Fixed assets 21/28 €677,786 €646,829 -€30,957 -4.6%
Tangible fixed assets 22/27 €677,786 €646,829 -€30,957 -4.6%
Land and buildings 22 €677,786 €646,829 -€30,957 -4.6%
Current assets 29/58 €78,290 €76,051 -€2,239 -2.9%
Cash at bank and in hand 54/58 €74,499 €71,929 -€2,570 -3.5%
Deferred charges and accrued income 490/1 €3,791 €4,123 +€332 +8.8%
Total equity and liabilities 10/49 €756,076 €722,881 -€33,196 -4.4%
Equity 10/15 €594,497 €580,918 -€13,579 -2.3%
Contributions 10/11 €0 €310,000 +€310,000
Reserves 13 €594,575 €271,271 -€323,304 -54.4%
Non-distributable reserves 130/1 €0 - =
Reserves not available under the articles 1311 €0 - =
Tax-exempt reserves 132 €215,437 €202,133 -€13,304 -6.2%
Distributable reserves 133 €379,138 €69,138 -€310,000 -81.8%
Profit (loss) carried forward 14 -€78 -€353 -€275 -351%
Amounts payable 17/49 €161,579 €141,963 -€19,617 -12.1%
Amounts payable after more than one year 17 €37,629 €28,432 -€9,197 -24.4%
Financial debts 170/4 €37,629 €28,432 -€9,197 -24.4%
Amounts payable within one year 42/48 €113,568 €103,239 -€10,330 -9.1%
Current portion of amounts payable after more than one year 42 €9,060 €9,197 +€137 +1.5%
Trade debts 44 €968 €1,013 +€46 +4.8%
Suppliers 440/4 €968 €1,013 +€46 +4.8%
Taxes, remuneration and social security 45 €0 - =
Taxes 450/3 €0 - =
Other amounts payable 47/48 €103,541 €93,028 -€10,513 -10.2%
Accrued charges and deferred income 492/3 €10,382 €10,292 -€90 -0.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €30,957 €30,957 = 0.0%
Other operating charges 640/8 €6,203 €5,929 -€273 -4.4%
Gross operating margin 9900 €31,313 €32,022 +€709 +2.3%
Operating profit (loss) 9901 -€5,847 -€4,864 +€983 +16.8%
Financial charges 65/66B €8,751 €8,715 -€36 -0.4%
Recurring financial charges 65 €8,751 €8,715 -€36 -0.4%
Profit (loss) for the period before taxes 9903 -€14,597 -€13,579 +€1,018 +7.0%
Income taxes 67/77 €3 €0 -€3 -100%
Profit (loss) for the period 9904 -€14,600 -€13,579 +€1,021 +7.0%
Transfer from tax-exempt reserves 789 €13,304 €13,304 = 0.0%
Profit (loss) for the period to be appropriated 9905 -€1,295 -€275 +€1,021 +78.8%

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 27 October 2026 via checked.be.