FERRONNERIE NICOLAS: 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.
FERRONNERIE NICOLAS
Largest movements
- Receivables within one year +€26,540
up €26,540 (+4.4%), from €603,511 to €630,051
of which Other amounts receivable: +€61,413
- Tangible fixed assets -€15,353
down €15,353 (-4.4%), from €350,306 to €334,953
of which Land and buildings: -€8,436
- Profit (loss) carried forward +€73,821
up €73,821 (+12.7%), from €581,107 to €654,928
- Trade debts -€40,320
down €40,320 (-47.3%), from €85,298 to €44,978
- Debts after one year -€24,999
down €24,999 (-12.2%), from €204,259 to €179,260
- Gross operating margin -€103,377
down €103,377 (-50.1%), from €206,348 to €102,971
- Turnover -€59,096
down €59,096 (-13.9%), from €423,891 to €364,795
- Purchases and services +€44,281
up €44,281 (+20.4%), from €217,543 to €261,824
- Taxes -€34,692
down €34,692 (-61.4%), from €56,482 to €21,790
- Depreciation +€6,968
up €6,968 (+46.9%), from €14,869 to €21,837
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 | €983,559 | €992,384 | +€8,825 | +0.9% |
| Fixed assets | 21/28 | €351,869 | €336,515 | -€15,353 | -4.4% |
| Tangible fixed assets | 22/27 | €350,306 | €334,953 | -€15,353 | -4.4% |
| Land and buildings | 22 | €321,727 | €313,291 | -€8,436 | -2.6% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €28,580 | €21,662 | -€6,917 | -24.2% |
| Financial fixed assets | 28 | €1,562 | €1,562 | = | 0.0% |
| Current assets | 29/58 | €631,690 | €655,868 | +€24,179 | +3.8% |
| Amounts receivable after more than one year | 29 | €19,884 | €21,292 | +€1,408 | +7.1% |
| Other amounts receivable | 291 | €19,884 | €21,292 | +€1,408 | +7.1% |
| Amounts receivable within one year | 40/41 | €603,511 | €630,051 | +€26,540 | +4.4% |
| Trade receivables | 40 | €94,102 | €59,229 | -€34,873 | -37.1% |
| Other amounts receivable | 41 | €509,409 | €570,822 | +€61,413 | +12.1% |
| Cash at bank and in hand | 54/58 | €7,138 | €4,128 | -€3,010 | -42.2% |
| Deferred charges and accrued income | 490/1 | €1,156 | €398 | -€759 | -65.6% |
| Total equity and liabilities | 10/49 | €983,559 | €992,384 | +€8,825 | +0.9% |
| Equity | 10/15 | €589,167 | €662,988 | +€73,821 | +12.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €581,107 | €654,928 | +€73,821 | +12.7% |
| Amounts payable | 17/49 | €394,392 | €329,396 | -€64,996 | -16.5% |
| Amounts payable after more than one year | 17 | €204,259 | €179,260 | -€24,999 | -12.2% |
| Financial debts | 170/4 | €204,259 | €179,260 | -€24,999 | -12.2% |
| Amounts payable within one year | 42/48 | €190,132 | €150,136 | -€39,996 | -21.0% |
| Current portion of amounts payable after more than one year | 42 | €24,271 | €24,999 | +€729 | +3.0% |
| Financial debts | 43 | €9,618 | €11,204 | +€1,586 | +16.5% |
| Credit institutions | 430/8 | €9,618 | €11,204 | +€1,586 | +16.5% |
| Trade debts | 44 | €85,298 | €44,978 | -€40,320 | -47.3% |
| Suppliers | 440/4 | €85,298 | €44,978 | -€40,320 | -47.3% |
| Taxes, remuneration and social security | 45 | €70,946 | €68,955 | -€1,991 | -2.8% |
| Taxes | 450/3 | €70,136 | €68,955 | -€1,181 | -1.7% |
| Remuneration and social security | 454/9 | €810 | - | -€810 | |
| Turnover | 70 | €423,891 | €364,795 | -€59,096 | -13.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €217,543 | €261,824 | +€44,281 | +20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,869 | €21,837 | +€6,968 | +46.9% |
| Other operating charges | 640/8 | €4,285 | €3,304 | -€981 | -22.9% |
| Gross operating margin | 9900 | €206,348 | €102,971 | -€103,377 | -50.1% |
| Operating profit (loss) | 9901 | €187,194 | €77,830 | -€109,364 | -58.4% |
| Financial income | 75/76B | €26,664 | €29,869 | +€3,206 | +12.0% |
| Recurring financial income | 75 | €26,664 | €29,869 | +€3,206 | +12.0% |
| Financial charges | 65/66B | €7,479 | €12,089 | +€4,609 | +61.6% |
| Recurring financial charges | 65 | €7,479 | €12,089 | +€4,609 | +61.6% |
| Profit (loss) for the period before taxes | 9903 | €206,378 | €95,611 | -€110,767 | -53.7% |
| Income taxes | 67/77 | €56,482 | €21,790 | -€34,692 | -61.4% |
| Profit (loss) for the period | 9904 | €149,896 | €73,821 | -€76,075 | -50.8% |
| Profit (loss) for the period to be appropriated | 9905 | €149,896 | €73,821 | -€76,075 | -50.8% |
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 21 October 2026 via checked.be.