NICA BUILD: what changed
NICA BUILD
Largest movements
- Tangible fixed assets -€14,825
down €14,825 (-30.8%), from €48,087 to €33,262
of which Leasing and similar rights: -€14,277
- Receivables within one year +€13,354
up €13,354 (+17.7%), from €75,316 to €88,670
of which Trade receivables: +€9,749
- Debts after one year -€14,409
down €14,409 (-43.3%), from €33,281 to €18,872
- Trade debts +€8,124
up €8,124 (+73.4%), from €11,073 to €19,197
- Profit (loss) carried forward +€3,482
up €3,482 (+6.7%), from €52,112 to €55,594
- Current portion of long-term debt +€2,484
up €2,484 (+21.9%), from €11,351 to €13,835
- Tax, wage and social debts -€1,610
down €1,610 (-49.0%), from €3,289 to €1,678
- Gross operating margin +€2,039
up €2,039 (+9.1%), from €22,469 to €24,508
- Other operating charges -€1,448
down €1,448 (-94.8%), from €1,528 to €80
- Taxes +€1,101
up €1,101 (+171%), from €646 to €1,747
- Financial charges -€708
down €708 (-14.5%), from €4,873 to €4,165
- Depreciation -€498
down €498 (-3.1%), from €16,227 to €15,729
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 | €131,566 | €129,636 | -€1,930 | -1.5% |
| Fixed assets | 21/28 | €48,087 | €33,262 | -€14,825 | -30.8% |
| Tangible fixed assets | 22/27 | €48,087 | €33,262 | -€14,825 | -30.8% |
| Plant, machinery and equipment | 23 | €135 | - | -€135 | |
| Furniture and vehicles | 24 | €2,815 | €2,401 | -€414 | -14.7% |
| Leasing and similar rights | 25 | €45,138 | €30,861 | -€14,277 | -31.6% |
| Current assets | 29/58 | €83,479 | €96,374 | +€12,895 | +15.4% |
| Amounts receivable within one year | 40/41 | €75,316 | €88,670 | +€13,354 | +17.7% |
| Trade receivables | 40 | €52,634 | €62,383 | +€9,749 | +18.5% |
| Other amounts receivable | 41 | €22,682 | €26,287 | +€3,605 | +15.9% |
| Cash at bank and in hand | 54/58 | €7,497 | €6,768 | -€729 | -9.7% |
| Deferred charges and accrued income | 490/1 | €666 | €936 | +€270 | +40.5% |
| Total equity and liabilities | 10/49 | €131,566 | €129,636 | -€1,930 | -1.5% |
| Equity | 10/15 | €72,572 | €76,054 | +€3,482 | +4.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,112 | €55,594 | +€3,482 | +6.7% |
| Amounts payable | 17/49 | €58,993 | €53,582 | -€5,412 | -9.2% |
| Amounts payable after more than one year | 17 | €33,281 | €18,872 | -€14,409 | -43.3% |
| Financial debts | 170/4 | €33,281 | €18,872 | -€14,409 | -43.3% |
| Amounts payable within one year | 42/48 | €25,713 | €34,710 | +€8,998 | +35.0% |
| Current portion of amounts payable after more than one year | 42 | €11,351 | €13,835 | +€2,484 | +21.9% |
| Trade debts | 44 | €11,073 | €19,197 | +€8,124 | +73.4% |
| Suppliers | 440/4 | €11,073 | €19,197 | +€8,124 | +73.4% |
| Taxes, remuneration and social security | 45 | €3,289 | €1,678 | -€1,610 | -49.0% |
| Taxes | 450/3 | €3,289 | €1,678 | -€1,610 | -49.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,227 | €15,729 | -€498 | -3.1% |
| Other operating charges | 640/8 | €1,528 | €80 | -€1,448 | -94.8% |
| Gross operating margin | 9900 | €22,469 | €24,508 | +€2,039 | +9.1% |
| Operating profit (loss) | 9901 | €4,713 | €8,699 | +€3,985 | +84.6% |
| Financial income | 75/76B | €634 | €695 | +€61 | +9.6% |
| Recurring financial income | 75 | €634 | €695 | +€61 | +9.6% |
| Financial charges | 65/66B | €4,873 | €4,165 | -€708 | -14.5% |
| Recurring financial charges | 65 | €4,873 | €4,165 | -€708 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €475 | €5,229 | +€4,754 | +1,001% |
| Income taxes | 67/77 | €646 | €1,747 | +€1,101 | +171% |
| Profit (loss) for the period | 9904 | -€171 | €3,482 | +€3,653 | |
| Profit (loss) for the period to be appropriated | 9905 | -€171 | €3,482 | +€3,653 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.