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NICA: what changed

Two fiscal 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

NICA

BE 0477.762.018
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€2,603
2024 · -€778-€1,825
Equity
-€3,526
2024 · -€924-€2,603
Cash
€69
2024 · €31+€38
Balance sheet total
€5,629
2024 · €6,358-€730

Largest movements

2024 to 2025
Assets
  • Deferred charges and accrued income -€767

    down €767 (-100.0%), from €767 to €0

Equity and liabilities
  • Profit (loss) carried forward -€2,603

    down €2,603 (-30.9%), from -€8,424 to -€11,026

  • Trade debts +€1,154

    up €1,154 (+769.9%), from €150 to €1,304

  • Other debts +€719

    up €719 (+10.1%), from €7,132 to €7,851

Income statement
  • Other operating charges +€1,702

    up €1,702 (+1480.2%), from €115 to €1,817

  • Gross operating margin -€187

    down €187 (-31.8%), from -€589 to -€777

  • Financial charges -€64

    down €64 (-87.6%), from €74 to €9

From the 2024 result to the 2025 result

effect on the 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 -€778
Gross operating margin -€187
Other operating charges -€1,702
Financial charges +€64
Result 2025 -€2,603

Cash bridge derived

cash 2024 to 2025

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 +€38
Investment €0
Financing €0
Cash 2024 €31
Net result for the year -€2,603
Deferred charges and accrued income +€767
Trade debts +€1,154
Other debts +€719
Cash 2025 €69
Every line side by side 26 lines
Line Code 2024 2025 Change %
Total assets 20/58 €6,358 €5,629 -€730 -11.5%
Current assets 29/58 €6,358 €5,629 -€730 -11.5%
Amounts receivable within one year 40/41 €5,559 €5,559 = 0.0%
Trade receivables 40 €837 €837 = 0.0%
Other amounts receivable 41 €4,722 €4,722 = 0.0%
Cash at bank and in hand 54/58 €31 €69 +€38 +120.7%
Deferred charges and accrued income 490/1 €767 €0 -€767 -100.0%
Total equity and liabilities 10/49 €6,358 €5,629 -€730 -11.5%
Equity 10/15 -€924 -€3,526 -€2,603 -281.8%
Contributions 10/11 €7,500 €7,500 = 0.0%
Profit (loss) carried forward 14 -€8,424 -€11,026 -€2,603 -30.9%
Amounts payable 17/49 €7,282 €9,155 +€1,873 +25.7%
Amounts payable within one year 42/48 €7,282 €9,155 +€1,873 +25.7%
Trade debts 44 €150 €1,304 +€1,154 +769.9%
Suppliers 440/4 €150 €1,304 +€1,154 +769.9%
Other amounts payable 47/48 €7,132 €7,851 +€719 +10.1%
Other operating charges 640/8 €115 €1,817 +€1,702 +1480.2%
Gross operating margin 9900 -€589 -€777 -€187 -31.8%
Operating profit (loss) 9901 -€704 -€2,594 -€1,889 -268.3%
Financial income 75/76B €0 - =
Recurring financial income 75 €0 - =
Financial charges 65/66B €74 €9 -€64 -87.6%
Recurring financial charges 65 €74 €9 -€64 -87.6%
Profit (loss) for the period before taxes 9903 -€778 -€2,603 -€1,825 -234.7%
Profit (loss) for the period 9904 -€778 -€2,603 -€1,825 -234.7%
Profit (loss) for the period to be appropriated 9905 -€778 -€2,603 -€1,825 -234.7%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.