HLB NICOLET & C°: 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.
HLB NICOLET & C°
Largest movements
- Cash +€150,314
up €150,314 (+106%), from €141,763 to €292,078
mainly Trade debts (+€78,085) and Net result for the year (+€75,076)
- Trade debts +€78,085
up €78,085 (+30.7%), from €253,966 to €332,051
- Other debts +€44,686
up €44,686 (+921%), from €4,851 to €49,537
- Tax, wage and social debts +€16,362
up €16,362 (+33.1%), from €49,418 to €65,780
of which Taxes: +€12,760
- Profit (loss) carried forward +€15,576
new in 2025: €15,576
- Gross operating margin +€135,349
up €135,349 (+172%), from €78,788 to €214,137
- Staff costs +€43,702
up €43,702 (+69.7%), from €62,669 to €106,371
- Taxes +€21,679
up €21,679 (+339%), from €6,389 to €28,069
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 | €325,251 | €479,512 | +€154,261 | +47.4% |
| Fixed assets | 21/28 | €10,379 | €10,209 | -€170 | -1.6% |
| Tangible fixed assets | 22/27 | €3,451 | €2,146 | -€1,305 | -37.8% |
| Plant, machinery and equipment | 23 | €1,516 | €1,144 | -€372 | -24.5% |
| Furniture and vehicles | 24 | €1,935 | €1,002 | -€933 | -48.2% |
| Financial fixed assets | 28 | €6,928 | €8,063 | +€1,135 | +16.4% |
| Current assets | 29/58 | €314,872 | €469,303 | +€154,431 | +49.0% |
| Amounts receivable within one year | 40/41 | €171,141 | €175,072 | +€3,930 | +2.3% |
| Trade receivables | 40 | €171,131 | €172,786 | +€1,655 | +1.0% |
| Other amounts receivable | 41 | €11 | €2,286 | +€2,275 | +21,648% |
| Current investments | 50/53 | €19 | €18 | -€1 | -2.8% |
| Cash at bank and in hand | 54/58 | €141,763 | €292,078 | +€150,314 | +106% |
| Deferred charges and accrued income | 490/1 | €1,948 | €2,135 | +€187 | +9.6% |
| Total equity and liabilities | 10/49 | €325,251 | €479,512 | +€154,261 | +47.4% |
| Equity | 10/15 | €16,567 | €32,143 | +€15,576 | +94.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €6,567 | €6,567 | = | 0.0% |
| Distributable reserves | 133 | €6,567 | €6,567 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €15,576 | +€15,576 | |
| Amounts payable | 17/49 | €308,684 | €447,368 | +€138,685 | +44.9% |
| Amounts payable after more than one year | 17 | €448 | - | -€448 | |
| Other amounts payable | 178/9 | €448 | - | -€448 | |
| Amounts payable within one year | 42/48 | €308,235 | €447,368 | +€139,133 | +45.1% |
| Trade debts | 44 | €253,966 | €332,051 | +€78,085 | +30.7% |
| Suppliers | 440/4 | €253,966 | €332,051 | +€78,085 | +30.7% |
| Taxes, remuneration and social security | 45 | €49,418 | €65,780 | +€16,362 | +33.1% |
| Taxes | 450/3 | €37,355 | €50,115 | +€12,760 | +34.2% |
| Remuneration and social security | 454/9 | €12,063 | €15,665 | +€3,601 | +29.9% |
| Other amounts payable | 47/48 | €4,851 | €49,537 | +€44,686 | +921% |
| Remuneration, social security and pensions | 62 | €62,669 | €106,371 | +€43,702 | +69.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,289 | €1,305 | -€984 | -43.0% |
| Other operating charges | 640/8 | €1,830 | €1,536 | -€294 | -16.0% |
| Gross operating margin | 9900 | €78,788 | €214,137 | +€135,349 | +172% |
| Operating profit (loss) | 9901 | €12,000 | €104,925 | +€92,925 | +774% |
| Financial income | 75/76B | €0 | €0 | -€0 | -65.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -65.7% |
| Financial charges | 65/66B | €1,799 | €1,780 | -€19 | -1.1% |
| Recurring financial charges | 65 | €1,799 | €1,780 | -€19 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €10,201 | €103,145 | +€92,944 | +911% |
| Income taxes | 67/77 | €6,389 | €28,069 | +€21,679 | +339% |
| Profit (loss) for the period | 9904 | €3,812 | €75,076 | +€71,264 | +1,870% |
| Profit (loss) for the period to be appropriated | 9905 | €3,812 | €75,076 | +€71,264 | +1,870% |
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 24 October 2026 via checked.be.