NIC CONSULTANCY: 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.
What changed
NIC CONSULTANCY
NACE 63.920, Other information service activities
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€18,841
2024 · €11,285+€7,556
Equity
€1.4m
2024 · €1.4m+€18,841
Cash
€31,408
2024 · €21,751+€9,657
Balance sheet total
€1.6m
2024 · €1.6m+€23,323
Largest movements
Assets
- Current investments +€199,000
up €199,000 (+102.1%), from €195,000 to €394,000
- Receivables after one year -€140,000
down €140,000 (-87.5%), from €160,000 to €20,000
- Tangible fixed assets -€47,306
down €47,306 (-4.1%), from €1.2m to €1.1m
of which Land and buildings: -€36,509
Equity and liabilities
- Profit (loss) carried forward +€27,261
up €27,261 (+2.5%), from €1.1m to €1.1m
Income statement
- Financial income +€20,430
up €20,430 (+186.9%), from €10,931 to €31,361
- Depreciation +€7,373
up €7,373 (+15.2%), from €48,657 to €56,030
- Gross operating margin -€4,613
down €4,613 (-7.5%), from €61,821 to €57,208
- Other operating charges +€1,439
up €1,439 (+9.3%), from €15,524 to €16,963
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.
Result 2024
€11,285
Gross operating margin
-€4,613
Depreciation
-€7,373
Other operating charges
-€1,439
Financial income
+€20,430
Financial charges
+€29
Taxes
+€522
Result 2025
€18,841
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.
From operations
+€217,381
Investment
-€207,724
Financing
€0
Cash 2024
€21,751
From operations (derived)
+€217,381
Net result for the year
+€18,841
Depreciation
+€56,030
Receivables after one year
+€140,000
Receivables within one year
+€1,057
Deferred charges and accrued income
-€3,029
Provisions
-€4,335
Trade debts
+€2,416
Tax, wage and social debts
+€1,145
Other debts
+€3,151
Accrued charges and deferred income
+€2,105
Investment (derived)
-€207,724
Investment in fixed assets (net)
-€8,724
Current investments
-€199,000
Cash 2025
€31,408
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,583,663 | €1,606,986 | +€23,323 | +1.5% |
| Fixed assets | 21/28 | €1,193,407 | €1,146,101 | -€47,306 | -4.0% |
| Tangible fixed assets | 22/27 | €1,165,835 | €1,118,529 | -€47,306 | -4.1% |
| Land and buildings | 22 | €1,030,430 | €993,921 | -€36,509 | -3.5% |
| Furniture and vehicles | 24 | €41,599 | €30,802 | -€10,797 | -26.0% |
| Other tangible fixed assets | 26 | €93,806 | €93,806 | = | 0.0% |
| Financial fixed assets | 28 | €27,572 | €27,572 | = | 0.0% |
| Current assets | 29/58 | €390,256 | €460,885 | +€70,629 | +18.1% |
| Amounts receivable after more than one year | 29 | €160,000 | €20,000 | -€140,000 | -87.5% |
| Other amounts receivable | 291 | €160,000 | €20,000 | -€140,000 | -87.5% |
| Amounts receivable within one year | 40/41 | €3,344 | €2,287 | -€1,057 | -31.6% |
| Other amounts receivable | 41 | €3,344 | €2,287 | -€1,057 | -31.6% |
| Current investments | 50/53 | €195,000 | €394,000 | +€199,000 | +102.1% |
| Cash at bank and in hand | 54/58 | €21,751 | €31,408 | +€9,657 | +44.4% |
| Deferred charges and accrued income | 490/1 | €10,161 | €13,190 | +€3,029 | +29.8% |
| Total equity and liabilities | 10/49 | €1,583,663 | €1,606,986 | +€23,323 | +1.5% |
| Equity | 10/15 | €1,428,062 | €1,446,903 | +€18,841 | +1.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €330,954 | €322,534 | -€8,420 | -2.5% |
| Tax-exempt reserves | 132 | €196,481 | €188,061 | -€8,420 | -4.3% |
| Distributable reserves | 133 | €134,473 | €134,473 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,078,508 | €1,105,769 | +€27,261 | +2.5% |
| Provisions and deferred taxes | 16 | €101,172 | €96,837 | -€4,335 | -4.3% |
| Deferred taxes | 168 | €101,172 | €96,837 | -€4,335 | -4.3% |
| Amounts payable | 17/49 | €54,429 | €63,246 | +€8,817 | +16.2% |
| Amounts payable within one year | 42/48 | €51,720 | €58,432 | +€6,712 | +13.0% |
| Trade debts | 44 | €2,588 | €5,004 | +€2,416 | +93.4% |
| Suppliers | 440/4 | €2,588 | €5,004 | +€2,416 | +93.4% |
| Taxes, remuneration and social security | 45 | - | €1,145 | +€1,145 | |
| Taxes | 450/3 | - | €1,145 | +€1,145 | |
| Other amounts payable | 47/48 | €49,132 | €52,283 | +€3,151 | +6.4% |
| Accrued charges and deferred income | 492/3 | €2,709 | €4,814 | +€2,105 | +77.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,657 | €56,030 | +€7,373 | +15.2% |
| Other operating charges | 640/8 | €15,524 | €16,963 | +€1,439 | +9.3% |
| Gross operating margin | 9900 | €61,821 | €57,208 | -€4,613 | -7.5% |
| Operating profit (loss) | 9901 | -€2,360 | -€15,785 | -€13,425 | -568.9% |
| Financial income | 75/76B | €10,931 | €31,361 | +€20,430 | +186.9% |
| Recurring financial income | 75 | €10,931 | €31,361 | +€20,430 | +186.9% |
| Financial charges | 65/66B | €201 | €172 | -€29 | -14.4% |
| Recurring financial charges | 65 | €201 | €172 | -€29 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €8,370 | €15,404 | +€7,034 | +84.0% |
| Transfer from deferred taxes | 780 | €4,336 | €4,336 | = | 0.0% |
| Income taxes | 67/77 | €1,421 | €899 | -€522 | -36.7% |
| Profit (loss) for the period | 9904 | €11,285 | €18,841 | +€7,556 | +67.0% |
| Transfer from tax-exempt reserves | 789 | €8,421 | €8,420 | -€1 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,706 | €27,261 | +€7,555 | +38.3% |
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 10 October 2026 via checked.be.