N-I-C-K: what changed
N-I-C-K
Largest movements
- Receivables within one year -€13,444
down €13,444 (-63.8%), from €21,058 to €7,614
- Tangible fixed assets -€13,306
down €13,306 (-27.3%), from €48,653 to €35,347
of which Furniture and vehicles: -€11,302
- Cash +€12,612
up €12,612 (+257%), from €4,912 to €17,524
mainly Receivables within one year (+€13,444) and Depreciation (+€13,306)
- Stocks and contracts +€4,689
up €4,689 (+63.0%), from €7,442 to €12,131
- Debts after one year -€11,896
down €11,896 (-53.3%), from €22,306 to €10,410
- Trade debts +€3,419
up €3,419 (+1,251%), from €273 to €3,692
- Tax, wage and social debts -€2,573
down €2,573 (-28.9%), from €8,890 to €6,317
of which Taxes: -€1,914
- Other debts +€2,462
up €2,462 (+13.5%), from €18,267 to €20,730
- Reserves -€1,225
down €1,225 (-6.2%), from €19,723 to €18,498
- Gross operating margin -€3,861
down €3,861 (-16.2%), from €23,800 to €19,938
- Staff costs -€2,325
down €2,325 (-30.9%), from €7,531 to €5,205
- Financial charges -€565
down €565 (-25.1%), from €2,254 to €1,689
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €82,738 | €73,543 | -€9,194 | -11.1% |
| Fixed assets | 21/28 | €48,653 | €35,347 | -€13,306 | -27.3% |
| Tangible fixed assets | 22/27 | €48,653 | €35,347 | -€13,306 | -27.3% |
| Plant, machinery and equipment | 23 | €6,177 | €4,173 | -€2,004 | -32.4% |
| Furniture and vehicles | 24 | €42,476 | €31,174 | -€11,302 | -26.6% |
| Current assets | 29/58 | €34,084 | €38,196 | +€4,112 | +12.1% |
| Stocks and contracts in progress | 3 | €7,442 | €12,131 | +€4,689 | +63.0% |
| Stocks | 30/36 | €7,442 | €12,131 | +€4,689 | +63.0% |
| Amounts receivable within one year | 40/41 | €21,058 | €7,614 | -€13,444 | -63.8% |
| Trade receivables | 40 | €21,058 | €7,614 | -€13,444 | -63.8% |
| Cash at bank and in hand | 54/58 | €4,912 | €17,524 | +€12,612 | +257% |
| Deferred charges and accrued income | 490/1 | €673 | €928 | +€255 | +37.9% |
| Total equity and liabilities | 10/49 | €82,738 | €73,543 | -€9,194 | -11.1% |
| Equity | 10/15 | €21,723 | €20,498 | -€1,225 | -5.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €19,723 | €18,498 | -€1,225 | -6.2% |
| Distributable reserves | 133 | €19,723 | €18,498 | -€1,225 | -6.2% |
| Amounts payable | 17/49 | €61,014 | €53,045 | -€7,969 | -13.1% |
| Amounts payable after more than one year | 17 | €22,306 | €10,410 | -€11,896 | -53.3% |
| Financial debts | 170/4 | €22,306 | €10,410 | -€11,896 | -53.3% |
| Amounts payable within one year | 42/48 | €38,708 | €42,635 | +€3,927 | +10.1% |
| Current portion of amounts payable after more than one year | 42 | €11,277 | €11,896 | +€619 | +5.5% |
| Trade debts | 44 | €273 | €3,692 | +€3,419 | +1,251% |
| Suppliers | 440/4 | €273 | €3,692 | +€3,419 | +1,251% |
| Taxes, remuneration and social security | 45 | €8,890 | €6,317 | -€2,573 | -28.9% |
| Taxes | 450/3 | €6,496 | €4,583 | -€1,914 | -29.5% |
| Remuneration and social security | 454/9 | €2,394 | €1,735 | -€660 | -27.5% |
| Other amounts payable | 47/48 | €18,267 | €20,730 | +€2,462 | +13.5% |
| Remuneration, social security and pensions | 62 | €7,531 | €5,205 | -€2,325 | -30.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,306 | €13,306 | = | 0.0% |
| Other operating charges | 640/8 | €893 | €973 | +€81 | +9.1% |
| Gross operating margin | 9900 | €23,800 | €19,938 | -€3,861 | -16.2% |
| Operating profit (loss) | 9901 | €2,070 | €453 | -€1,617 | -78.1% |
| Financial income | 75/76B | €43 | €10 | -€33 | -76.7% |
| Recurring financial income | 75 | €43 | €10 | -€33 | -76.7% |
| Financial charges | 65/66B | €2,254 | €1,689 | -€565 | -25.1% |
| Recurring financial charges | 65 | €2,254 | €1,689 | -€565 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | -€141 | -€1,225 | -€1,085 | -772% |
| Income taxes | 67/77 | €114 | - | -€114 | |
| Profit (loss) for the period | 9904 | -€254 | -€1,225 | -€971 | -382% |
| Profit (loss) for the period to be appropriated | 9905 | -€254 | -€1,225 | -€971 | -382% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.