Nic Design: 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.
Nic Design
Largest movements
- Receivables within one year -€148,285
down €148,285 (-71.7%), from €206,797 to €58,512
of which Trade receivables: -€147,754
- Cash -€27,664
down €27,664 (-85.3%), from €32,430 to €4,765
mainly Trade debts (-€156,843) and Other debts (-€44,546)
- Tangible fixed assets -€26,220
down €26,220 (-6.8%), from €388,037 to €361,817
- Stocks and contracts +€8,000
up €8,000 (+27.8%), from €28,791 to €36,791
- Deferred charges and accrued income -€7,078
down €7,078 (-28.8%), from €24,570 to €17,491
- Trade debts -€156,843
down €156,843 (-99.1%), from €158,208 to €1,366
- Other debts -€44,546
down €44,546 (-17.5%), from €254,517 to €209,971
- Tax, wage and social debts +€30,679
up €30,679 (+7,063%), from €434 to €31,113
- Profit (loss) carried forward -€18,711
down €18,711 (-199%), from -€9,404 to -€28,114
- Debts after one year -€11,522
down €11,522 (-4.5%), from €255,515 to €243,993
- Depreciation +€9,782
up €9,782 (+31.0%), from €31,505 to €41,287
- Gross operating margin -€8,952
down €8,952 (-24.1%), from €37,193 to €28,242
- Other operating charges +€679
up €679 (+27.5%), from €2,471 to €3,150
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 | €680,625 | €479,378 | -€201,247 | -29.6% |
| Fixed assets | 21/28 | €388,037 | €361,817 | -€26,220 | -6.8% |
| Tangible fixed assets | 22/27 | €388,037 | €361,817 | -€26,220 | -6.8% |
| Land and buildings | 22 | €194,567 | €184,454 | -€10,114 | -5.2% |
| Plant, machinery and equipment | 23 | €136,154 | €127,246 | -€8,908 | -6.5% |
| Furniture and vehicles | 24 | €57,316 | €50,118 | -€7,198 | -12.6% |
| Current assets | 29/58 | €292,588 | €117,560 | -€175,027 | -59.8% |
| Stocks and contracts in progress | 3 | €28,791 | €36,791 | +€8,000 | +27.8% |
| Stocks | 30/36 | €28,791 | €36,791 | +€8,000 | +27.8% |
| Amounts receivable within one year | 40/41 | €206,797 | €58,512 | -€148,285 | -71.7% |
| Trade receivables | 40 | €205,864 | €58,110 | -€147,754 | -71.8% |
| Other amounts receivable | 41 | €933 | €402 | -€531 | -56.9% |
| Cash at bank and in hand | 54/58 | €32,430 | €4,765 | -€27,664 | -85.3% |
| Deferred charges and accrued income | 490/1 | €24,570 | €17,491 | -€7,078 | -28.8% |
| Total equity and liabilities | 10/49 | €680,625 | €479,378 | -€201,247 | -29.6% |
| Equity | 10/15 | €123 | -€18,588 | -€18,711 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €8,527 | €8,527 | = | 0.0% |
| Distributable reserves | 133 | €8,527 | €8,527 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,404 | -€28,114 | -€18,711 | -199% |
| Amounts payable | 17/49 | €680,501 | €497,965 | -€182,536 | -26.8% |
| Amounts payable after more than one year | 17 | €255,515 | €243,993 | -€11,522 | -4.5% |
| Financial debts | 170/4 | €255,515 | €243,993 | -€11,522 | -4.5% |
| Amounts payable within one year | 42/48 | €424,530 | €253,973 | -€170,557 | -40.2% |
| Current portion of amounts payable after more than one year | 42 | €11,370 | €11,522 | +€153 | +1.3% |
| Trade debts | 44 | €158,208 | €1,366 | -€156,843 | -99.1% |
| Suppliers | 440/4 | €158,208 | €1,366 | -€156,843 | -99.1% |
| Taxes, remuneration and social security | 45 | €434 | €31,113 | +€30,679 | +7,063% |
| Taxes | 450/3 | €434 | €31,113 | +€30,679 | +7,063% |
| Other amounts payable | 47/48 | €254,517 | €209,971 | -€44,546 | -17.5% |
| Accrued charges and deferred income | 492/3 | €457 | - | -€457 | |
| Non-recurring operating income | 76A | - | €8,548 | +€8,548 | |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,505 | €41,287 | +€9,782 | +31.0% |
| Other operating charges | 640/8 | €2,471 | €3,150 | +€679 | +27.5% |
| Gross operating margin | 9900 | €37,193 | €28,242 | -€8,952 | -24.1% |
| Operating profit (loss) | 9901 | €3,217 | -€16,195 | -€19,412 | |
| Financial income | 75/76B | - | €22 | +€22 | |
| Recurring financial income | 75 | - | €22 | +€22 | |
| Financial charges | 65/66B | €2,250 | €2,466 | +€216 | +9.6% |
| Recurring financial charges | 65 | €2,250 | €2,466 | +€216 | +9.6% |
| Profit (loss) for the period before taxes | 9903 | €967 | -€18,638 | -€19,605 | |
| Income taxes | 67/77 | €59 | €73 | +€13 | +22.4% |
| Profit (loss) for the period | 9904 | €908 | -€18,711 | -€19,619 | |
| Profit (loss) for the period to be appropriated | 9905 | €908 | -€18,711 | -€19,619 |
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 17 October 2026 via checked.be.