N'ice: 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.
N'ice
Largest movements
- Tangible fixed assets -€42,570
down €42,570 (-10.1%), from €422,567 to €379,998
of which Land and buildings: -€34,835
- Cash +€10,337
up €10,337 (+233.3%), from €4,431 to €14,768
mainly Other debts (+€40,625) and Depreciation (+€33,835)
- Profit (loss) carried forward -€52,523
down €52,523 (-38.5%), from -€136,448 to -€188,970
- Other debts +€40,625
up €40,625 (+13.9%), from €292,126 to €332,751
- Debts after one year -€10,062
down €10,062 (-5.9%), from €170,273 to €160,211
- Trade debts -€8,597
down €8,597 (-53.0%), from €16,211 to €7,614
- Gross operating margin +€20,508
up €20,508, from -€8,699 to €11,810
- Staff costs +€19,668
up €19,668 (+757.1%), from €2,598 to €22,266
- Depreciation +€1,306
up €1,306 (+4.0%), from €32,529 to €33,835
- Financial charges +€757
up €757 (+18.9%), from €4,013 to €4,770
- Other operating charges +€747
up €747 (+27.5%), from €2,716 to €3,463
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.
Cash bridge derived
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 | €429,581 | €399,849 | -€29,731 | -6.9% |
| Fixed assets | 21/28 | €422,567 | €379,998 | -€42,570 | -10.1% |
| Tangible fixed assets | 22/27 | €422,567 | €379,998 | -€42,570 | -10.1% |
| Land and buildings | 22 | €360,116 | €325,281 | -€34,835 | -9.7% |
| Plant, machinery and equipment | 23 | €59,106 | €52,292 | -€6,813 | -11.5% |
| Furniture and vehicles | 24 | €3,346 | €2,425 | -€921 | -27.5% |
| Current assets | 29/58 | €7,013 | €19,851 | +€12,838 | +183.1% |
| Stocks and contracts in progress | 3 | - | €3,567 | +€3,567 | |
| Stocks | 30/36 | - | €3,567 | +€3,567 | |
| Amounts receivable within one year | 40/41 | €2,583 | €841 | -€1,741 | -67.4% |
| Other amounts receivable | 41 | €2,583 | €841 | -€1,741 | -67.4% |
| Cash at bank and in hand | 54/58 | €4,431 | €14,768 | +€10,337 | +233.3% |
| Deferred charges and accrued income | 490/1 | - | €676 | +€676 | |
| Total equity and liabilities | 10/49 | €429,581 | €399,849 | -€29,731 | -6.9% |
| Equity | 10/15 | -€61,448 | -€113,970 | -€52,523 | -85.5% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€136,448 | -€188,970 | -€52,523 | -38.5% |
| Amounts payable | 17/49 | €491,028 | €513,820 | +€22,791 | +4.6% |
| Amounts payable after more than one year | 17 | €170,273 | €160,211 | -€10,062 | -5.9% |
| Financial debts | 170/4 | €170,273 | €160,211 | -€10,062 | -5.9% |
| Amounts payable within one year | 42/48 | €320,755 | €353,609 | +€32,853 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €9,868 | €10,062 | +€194 | +2.0% |
| Trade debts | 44 | €16,211 | €7,614 | -€8,597 | -53.0% |
| Suppliers | 440/4 | €16,211 | €7,614 | -€8,597 | -53.0% |
| Advances received on contracts in progress | 46 | €1,476 | - | -€1,476 | |
| Taxes, remuneration and social security | 45 | €1,074 | €3,181 | +€2,107 | +196.1% |
| Remuneration and social security | 454/9 | €1,074 | €3,181 | +€2,107 | +196.1% |
| Other amounts payable | 47/48 | €292,126 | €332,751 | +€40,625 | +13.9% |
| Remuneration, social security and pensions | 62 | €2,598 | €22,266 | +€19,668 | +757.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,529 | €33,835 | +€1,306 | +4.0% |
| Other operating charges | 640/8 | €2,716 | €3,463 | +€747 | +27.5% |
| Gross operating margin | 9900 | -€8,699 | €11,810 | +€20,508 | |
| Operating profit (loss) | 9901 | -€46,542 | -€47,754 | -€1,212 | -2.6% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €4,013 | €4,770 | +€757 | +18.9% |
| Recurring financial charges | 65 | €4,013 | €4,770 | +€757 | +18.9% |
| Profit (loss) for the period before taxes | 9903 | -€50,555 | -€52,523 | -€1,968 | -3.9% |
| Profit (loss) for the period | 9904 | -€50,555 | -€52,523 | -€1,968 | -3.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€50,555 | -€52,523 | -€1,968 | -3.9% |
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 12 October 2026 via checked.be.