NICAM STORE: 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.
NICAM STORE
Largest movements
- Tangible fixed assets -€22,391
down €22,391 (-23.7%), from €94,615 to €72,224
of which Land and buildings: -€21,790
- Stocks and contracts +€12,977
up €12,977 (+5.1%), from €255,153 to €268,130
- Deferred charges and accrued income -€6,486
down €6,486 (-35.9%), from €18,049 to €11,563
- Cash +€3,930
up €3,930 (+17.5%), from €22,453 to €26,383
mainly Other debts (+€65,913) and Depreciation (+€22,391)
- Profit (loss) carried forward -€67,886
down €67,886, from €4,795 to -€63,091
- Other debts +€65,913
up €65,913 (+47.9%), from €137,528 to €203,441
- Debts after one year -€15,220
down €15,220 (-35.9%), from €42,406 to €27,186
- Accrued charges and deferred income +€5,018
up €5,018 (+795.2%), from €631 to €5,649
- Tax, wage and social debts +€4,349
up €4,349 (+17.9%), from €24,267 to €28,616
of which Remuneration and social security: +€10,731
- Gross operating margin -€48,921
down €48,921 (-36.9%), from €132,607 to €83,686
- Staff costs +€32,550
up €32,550 (+36.0%), from €90,508 to €123,058
- Taxes -€3,617
no longer reported in 2026 (was €3,617)
- Other operating charges +€1,754
up €1,754 (+81.8%), from €2,145 to €3,899
- Financial income +€1,681
up €1,681 (+196.8%), from €854 to €2,535
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €392,252 | €382,812 | -€9,440 | -2.4% |
| Fixed assets | 21/28 | €94,615 | €72,224 | -€22,391 | -23.7% |
| Tangible fixed assets | 22/27 | €94,615 | €72,224 | -€22,391 | -23.7% |
| Land and buildings | 22 | €92,776 | €70,986 | -€21,790 | -23.5% |
| Plant, machinery and equipment | 23 | €939 | €638 | -€301 | -32.1% |
| Furniture and vehicles | 24 | €900 | €600 | -€300 | -33.3% |
| Current assets | 29/58 | €297,637 | €310,588 | +€12,951 | +4.4% |
| Stocks and contracts in progress | 3 | €255,153 | €268,130 | +€12,977 | +5.1% |
| Stocks | 30/36 | €255,153 | €268,130 | +€12,977 | +5.1% |
| Amounts receivable within one year | 40/41 | €1,982 | €4,512 | +€2,530 | +127.6% |
| Trade receivables | 40 | €1,982 | €4,512 | +€2,530 | +127.6% |
| Cash at bank and in hand | 54/58 | €22,453 | €26,383 | +€3,930 | +17.5% |
| Deferred charges and accrued income | 490/1 | €18,049 | €11,563 | -€6,486 | -35.9% |
| Total equity and liabilities | 10/49 | €392,252 | €382,812 | -€9,440 | -2.4% |
| Equity | 10/15 | €24,795 | -€43,091 | -€67,886 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,795 | -€63,091 | -€67,886 | |
| Amounts payable | 17/49 | €367,457 | €425,903 | +€58,446 | +15.9% |
| Amounts payable after more than one year | 17 | €42,406 | €27,186 | -€15,220 | -35.9% |
| Financial debts | 170/4 | €42,406 | €27,186 | -€15,220 | -35.9% |
| Amounts payable within one year | 42/48 | €324,420 | €393,068 | +€68,648 | +21.2% |
| Current portion of amounts payable after more than one year | 42 | €15,623 | €16,454 | +€831 | +5.3% |
| Trade debts | 44 | €147,002 | €144,557 | -€2,445 | -1.7% |
| Suppliers | 440/4 | €147,002 | €144,557 | -€2,445 | -1.7% |
| Taxes, remuneration and social security | 45 | €24,267 | €28,616 | +€4,349 | +17.9% |
| Taxes | 450/3 | €14,195 | €7,813 | -€6,382 | -45.0% |
| Remuneration and social security | 454/9 | €10,072 | €20,803 | +€10,731 | +106.5% |
| Other amounts payable | 47/48 | €137,528 | €203,441 | +€65,913 | +47.9% |
| Accrued charges and deferred income | 492/3 | €631 | €5,649 | +€5,018 | +795.2% |
| Remuneration, social security and pensions | 62 | €90,508 | €123,058 | +€32,550 | +36.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,748 | €22,391 | +€643 | +3.0% |
| Other operating charges | 640/8 | €2,145 | €3,899 | +€1,754 | +81.8% |
| Gross operating margin | 9900 | €132,607 | €83,686 | -€48,921 | -36.9% |
| Operating profit (loss) | 9901 | €18,206 | -€65,662 | -€83,868 | |
| Financial income | 75/76B | €854 | €2,535 | +€1,681 | +196.8% |
| Recurring financial income | 75 | €854 | €2,535 | +€1,681 | +196.8% |
| Financial charges | 65/66B | €6,079 | €4,759 | -€1,320 | -21.7% |
| Recurring financial charges | 65 | €6,079 | €4,759 | -€1,320 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | €12,981 | -€67,886 | -€80,867 | |
| Income taxes | 67/77 | €3,617 | - | -€3,617 | |
| Profit (loss) for the period | 9904 | €9,364 | -€67,886 | -€77,250 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,364 | -€67,886 | -€77,250 |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.