NiKo (0758.622.845): financials and annual accounts

NiKo

Antwerp ·KBO/BCE: BE 0758.622.845

Line	2025	2024	2023	2022	2021
Balance sheet: assets
Total assets`20/58`	431,097	417,101	408,383	363,641	248,261
Fixed assets`21/28`	76,224	64,906	75,303	81,062	80,044
Intangible fixed assets`21`	29,383	35,334	41,285	47,236	53,187
Tangible fixed assets`22/27`	35,441	18,172	22,617	22,426	15,457
Plant, machinery and equipment`23`	16,701	2,952	5,439	7,894	10,782
Furniture and vehicles`24`	18,739	15,219	17,178	14,532	4,675
Financial fixed assets`28`	11,400	11,400	11,400	11,400	11,400
Current assets`29/58`	354,872	352,195	333,081	282,579	168,217
Stocks and contracts in progress`3`	48,740	63,077	55,559	30,750	17,050
Stocks`30/36`	48,740	63,077	55,559	30,750	17,050
Amounts receivable within one year`40/41`	18,510	6,380	2,718	6,172	784
Trade receivables`40`	10,390	526	2,151	5,324	647
Other amounts receivable`41`	8,119	5,854	568	848	136
Cash at bank and in hand`54/58`	133,777	279,479	270,061	241,718	148,421
Deferred charges and accrued income`490/1`	153,846	3,259	4,743	3,939	1,962
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	431,097	417,101	408,383	363,641	248,261
Equity`10/15`	330,462	319,161	271,720	193,831	120,017
Contributions`10/11`	22,500	22,500	22,500	22,500	22,500
Profit (loss) carried forward`14`	307,962	296,661	249,220	171,331	97,517
Amounts payable`17/49`	100,635	97,940	136,663	169,810	128,244
Amounts payable after more than one year`17`	16,130	31,790	46,994	61,755	76,086
Financial debts`170/4`	16,130	31,790	46,994	61,755	76,086
Amounts payable within one year`42/48`	84,505	66,150	89,669	108,055	52,158
Current portion of amounts payable after more than one year`42`	15,660	15,204	14,761	14,331	13,914
Trade debts`44`	16,886	14,093	10,139	35,500	8,266
Suppliers`440/4`	16,886	14,093	10,139	35,500	8,266
Advances received on contracts in progress`46`	-	0	600	-	-
Taxes, remuneration and social security`45`	50,758	35,653	62,969	52,224	29,979
Taxes`450/3`	20,036	23,491	50,456	36,922	28,946
Remuneration and social security`454/9`	30,722	12,162	12,513	15,302	1,033
Other amounts payable`47/48`	1,200	1,200	1,200	6,000	-
Income statement
Gross operating margin`9900`	311,869	303,116	296,979	225,867	174,793
Remuneration, social security and pensions`62`	271,866	217,401	173,163	111,803	45,372
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	12,495	11,927	12,427	10,702	8,604
Other operating charges`640/8`	3,661	2,990	3,262	2,705	3,306
Operating profit (loss)`9901`	23,847	70,798	108,127	100,657	117,510
Financial income`75/76B`	5	80	0	119	38
Recurring financial income`75`	5	80	0	119	38
Financial charges`65/66B`	8,629	8,958	8,147	7,847	4,754
Recurring financial charges`65`	8,629	8,958	8,147	7,847	4,754
Profit (loss) for the period before taxes`9903`	15,223	61,920	99,981	92,929	112,794
Income taxes`67/77`	3,922	14,480	22,091	19,115	15,277
Profit (loss) for the period`9904`	11,301	47,440	77,890	73,814	97,517
Profit (loss) for the period to be appropriated`9905`	11,301	47,440	77,890	73,814	97,517
Appropriation of the result
Profit (loss) to be appropriated`9906`	307,962	296,661	249,220	171,331	97,517
Profit (loss) brought forward from the previous period`14P`	296,661	249,220	171,331	97,517	-
Social balance sheet
Average staff (FTE)`9087`	6	4.8	4.8	3.9	2.1
Hours worked`1013`	8,883	7,682	6,614	4,923	2,285
Document	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	23-06-2026	2026-00200111	PDF
31-12-2024	abbreviated format	19-06-2025	2025-00156084	PDF
31-12-2023	abbreviated format	27-06-2024	2024-00205429	PDF
31-12-2022	abbreviated format	22-06-2023	2023-00158733	PDF
31-12-2021	abbreviated format	16-06-2022	2022-20071255	PDF

Year	Entries	Awarded	Paid
2024	1	€239	€239
2022	1	€2,000	€2,000

Line	2025	2024	2023	2022	2021
EBITDA	36,342	82,725	120,554	111,359	126,115
Cash flow	23,796	59,367	90,316	84,516	106,122
Investment in fixed assets	23,813	1,530	6,668	12,415	88,648
Change in cash	-145,702	9,418	28,343	93,296	-
Working capital	270,368	286,045	243,412	174,524	116,059
Solvency	76.7%	76.5%	66.5%	53.3%	48.3%
Current ratio	4.20	5.32	3.71	2.62	3.23
Quick ratio	3.62	4.37	3.09	2.33	2.90
Debt to equity	0.30	0.31	0.50	0.88	1.07
ROE	3.4%	14.9%	28.7%	38.1%	81.3%
ROA	2.6%	11.4%	19.1%	20.3%	39.3%
Interest coverage	4.21	9.23	14.80	14.19	26.53

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	5	6	6	4	1
full-time	5	4	5	2	0
part-time	0	2	1	2	1
in full-time equivalents	5	5.7	5.5	2.8	0.8
Average over the year, in full-time equivalents	6	4.8	4.8	3.9	2.1
On a permanent contract	5	5	6	3	-
Joined	28	65	38	51	50
Left	29	65	36	48	50

NiKo

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency76.7%

Current ratio4.20

Return on assets2.6%

Staff

Staff cost per FTE€45,311

Joined and left-1

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2022 to 2024, 2 entries, €2,239 awarded, €2,239 paid

Key figures and ratios

Social balance sheet

Investments

Insights on NiKo

Next steps

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€23,813	€1,530	€6,668	€12,415	€17,738
Intangible fixed assets	-	-	-	-	€59,510
Financial fixed assets	€0	-	-	-	€11,400
Depreciation and write-downs of the year	€12,495	€11,927	€12,427	€10,702	€8,604