NICCON: 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.
NICCON
Largest movements
- Cash +€62,024
up €62,024 (+651.3%), from €9,523 to €71,547
mainly Current investments (+€50,000) and Net result for the year (+€35,468)
- Current investments -€50,000
down €50,000 (-100.0%), from €50,000 to €0
- Tangible fixed assets -€21,681
down €21,681 (-25.4%), from €85,354 to €63,673
- Receivables within one year +€5,798
up €5,798 (+32.4%), from €17,903 to €23,701
of which Trade receivables: +€7,250
- Deferred charges and accrued income +€3,019
new in 2025: €3,019
- Debts after one year -€24,575
down €24,575 (-36.0%), from €68,188 to €43,613
- Other debts +€24,216
up €24,216 (+1012.7%), from €2,391 to €26,607
- Tax, wage and social debts +€5,934
up €5,934 (+99.3%), from €5,978 to €11,913
of which Taxes: +€5,925
- Profit (loss) carried forward -€4,532
down €4,532 (-13.0%), from €34,893 to €30,361
- Trade debts -€2,933
down €2,933 (-49.7%), from €5,905 to €2,972
- Gross operating margin +€21,848
up €21,848 (+41.3%), from €52,917 to €74,764
- Taxes +€4,534
up €4,534 (+61.8%), from €7,333 to €11,867
- Financial charges -€1,462
down €1,462 (-44.1%), from €3,314 to €1,852
- Financial income -€760
down €760 (-38.7%), from €1,965 to €1,205
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €162,780 | €161,940 | -€840 | -0.5% |
| Fixed assets | 21/28 | €85,354 | €63,673 | -€21,681 | -25.4% |
| Tangible fixed assets | 22/27 | €85,354 | €63,673 | -€21,681 | -25.4% |
| Furniture and vehicles | 24 | €85,354 | €63,673 | -€21,681 | -25.4% |
| Current assets | 29/58 | €77,426 | €98,267 | +€20,840 | +26.9% |
| Amounts receivable within one year | 40/41 | €17,903 | €23,701 | +€5,798 | +32.4% |
| Trade receivables | 40 | €13,450 | €20,700 | +€7,250 | +53.9% |
| Other amounts receivable | 41 | €4,453 | €3,002 | -€1,451 | -32.6% |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €9,523 | €71,547 | +€62,024 | +651.3% |
| Deferred charges and accrued income | 490/1 | - | €3,019 | +€3,019 | |
| Total equity and liabilities | 10/49 | €162,780 | €161,940 | -€840 | -0.5% |
| Equity | 10/15 | €55,298 | €50,766 | -€4,532 | -8.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,893 | €30,361 | -€4,532 | -13.0% |
| Amounts payable | 17/49 | €107,482 | €111,174 | +€3,692 | +3.4% |
| Amounts payable after more than one year | 17 | €68,188 | €43,613 | -€24,575 | -36.0% |
| Financial debts | 170/4 | €68,188 | €43,613 | -€24,575 | -36.0% |
| Amounts payable within one year | 42/48 | €37,728 | €65,744 | +€28,016 | +74.3% |
| Current portion of amounts payable after more than one year | 42 | €23,453 | €24,252 | +€798 | +3.4% |
| Trade debts | 44 | €5,905 | €2,972 | -€2,933 | -49.7% |
| Suppliers | 440/4 | €5,905 | €2,972 | -€2,933 | -49.7% |
| Taxes, remuneration and social security | 45 | €5,978 | €11,913 | +€5,934 | +99.3% |
| Taxes | 450/3 | €4,200 | €10,125 | +€5,925 | +141.1% |
| Remuneration and social security | 454/9 | €1,778 | €1,788 | +€10 | +0.5% |
| Other amounts payable | 47/48 | €2,391 | €26,607 | +€24,216 | +1012.7% |
| Accrued charges and deferred income | 492/3 | €1,566 | €1,817 | +€251 | +16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,979 | €24,829 | -€150 | -0.6% |
| Other operating charges | 640/8 | €1,934 | €1,954 | +€20 | +1.0% |
| Gross operating margin | 9900 | €52,917 | €74,764 | +€21,848 | +41.3% |
| Operating profit (loss) | 9901 | €26,003 | €47,981 | +€21,978 | +84.5% |
| Financial income | 75/76B | €1,965 | €1,205 | -€760 | -38.7% |
| Recurring financial income | 75 | €1,965 | €1,205 | -€760 | -38.7% |
| Financial charges | 65/66B | €3,314 | €1,852 | -€1,462 | -44.1% |
| Recurring financial charges | 65 | €3,314 | €1,852 | -€1,462 | -44.1% |
| Profit (loss) for the period before taxes | 9903 | €24,655 | €47,334 | +€22,679 | +92.0% |
| Income taxes | 67/77 | €7,333 | €11,867 | +€4,534 | +61.8% |
| Profit (loss) for the period | 9904 | €17,322 | €35,468 | +€18,146 | +104.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,322 | €35,468 | +€18,146 | +104.8% |
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 9 October 2026 via checked.be.