NICE & BRIGHT: 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.
NICE & BRIGHT
Largest movements
- Tangible fixed assets +€86,889
up €86,889 (+47.4%), from €183,223 to €270,112
of which Plant, machinery and equipment: +€113,490
- Receivables within one year -€56,631
down €56,631 (-71.4%), from €79,349 to €22,718
of which Trade receivables: -€52,866
- Cash -€19,609
down €19,609 (-15.5%), from €126,847 to €107,238
mainly Investment in fixed assets (net) (-€173,950) and Trade debts (-€68,503)
- Stocks and contracts -€19,197
down €19,197 (-26.9%), from €71,286 to €52,089
- Trade debts -€68,503
down €68,503 (-93.1%), from €73,542 to €5,039
- Reserves +€35,197
up €35,197 (+26.6%), from €132,120 to €167,318
of which Distributable reserves: +€35,197
- Debts after one year +€24,889
up €24,889 (+18.2%), from €136,977 to €161,867
- Current portion of long-term debt +€20,167
up €20,167 (+27.7%), from €72,711 to €92,878
- Other debts -€10,045
down €10,045 (-34.1%), from €29,471 to €19,426
- Staff costs -€56,943
down €56,943 (-97.2%), from €58,605 to €1,662
- Depreciation +€50,738
up €50,738 (+139.7%), from €36,323 to €87,061
- Gross operating margin +€11,099
up €11,099 (+7.9%), from €140,385 to €151,484
- Financial charges +€6,393
up €6,393 (+109.5%), from €5,837 to €12,230
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 | €460,705 | €455,827 | -€4,878 | -1.1% |
| Fixed assets | 21/28 | €183,223 | €270,112 | +€86,889 | +47.4% |
| Tangible fixed assets | 22/27 | €183,223 | €270,112 | +€86,889 | +47.4% |
| Plant, machinery and equipment | 23 | €96,281 | €209,771 | +€113,490 | +117.9% |
| Furniture and vehicles | 24 | €42,283 | €26,781 | -€15,502 | -36.7% |
| Other tangible fixed assets | 26 | €44,660 | €33,560 | -€11,100 | -24.9% |
| Current assets | 29/58 | €277,482 | €185,715 | -€91,767 | -33.1% |
| Stocks and contracts in progress | 3 | €71,286 | €52,089 | -€19,197 | -26.9% |
| Stocks | 30/36 | €71,286 | €52,089 | -€19,197 | -26.9% |
| Amounts receivable within one year | 40/41 | €79,349 | €22,718 | -€56,631 | -71.4% |
| Trade receivables | 40 | €61,420 | €8,553 | -€52,866 | -86.1% |
| Other amounts receivable | 41 | €17,929 | €14,165 | -€3,764 | -21.0% |
| Cash at bank and in hand | 54/58 | €126,847 | €107,238 | -€19,609 | -15.5% |
| Deferred charges and accrued income | 490/1 | €0 | €3,669 | +€3,669 | |
| Total equity and liabilities | 10/49 | €460,705 | €455,827 | -€4,878 | -1.1% |
| Equity | 10/15 | €138,620 | €173,818 | +€35,197 | +25.4% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €132,120 | €167,318 | +€35,197 | +26.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €132,120 | €167,318 | +€35,197 | +26.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €322,085 | €282,010 | -€40,075 | -12.4% |
| Amounts payable after more than one year | 17 | €136,977 | €161,867 | +€24,889 | +18.2% |
| Financial debts | 170/4 | €136,977 | €161,867 | +€24,889 | +18.2% |
| Amounts payable within one year | 42/48 | €185,108 | €120,143 | -€64,965 | -35.1% |
| Current portion of amounts payable after more than one year | 42 | €72,711 | €92,878 | +€20,167 | +27.7% |
| Financial debts | 43 | €2,120 | €2,227 | +€108 | +5.1% |
| Credit institutions | 430/8 | €2,120 | €2,227 | +€108 | +5.1% |
| Trade debts | 44 | €73,542 | €5,039 | -€68,503 | -93.1% |
| Suppliers | 440/4 | €73,542 | €5,039 | -€68,503 | -93.1% |
| Taxes, remuneration and social security | 45 | €7,265 | €573 | -€6,691 | -92.1% |
| Taxes | 450/3 | €7,265 | €573 | -€6,691 | -92.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €29,471 | €19,426 | -€10,045 | -34.1% |
| Remuneration, social security and pensions | 62 | €58,605 | €1,662 | -€56,943 | -97.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,323 | €87,061 | +€50,738 | +139.7% |
| Other operating charges | 640/8 | €3,618 | €2,175 | -€1,443 | -39.9% |
| Gross operating margin | 9900 | €140,385 | €151,484 | +€11,099 | +7.9% |
| Operating profit (loss) | 9901 | €41,840 | €60,586 | +€18,746 | +44.8% |
| Financial income | 75/76B | €1,408 | €724 | -€684 | -48.6% |
| Recurring financial income | 75 | €1,408 | €724 | -€684 | -48.6% |
| Financial charges | 65/66B | €5,837 | €12,230 | +€6,393 | +109.5% |
| Recurring financial charges | 65 | €5,837 | €12,230 | +€6,393 | +109.5% |
| Profit (loss) for the period before taxes | 9903 | €37,411 | €49,081 | +€11,670 | +31.2% |
| Income taxes | 67/77 | €12,779 | €13,884 | +€1,105 | +8.6% |
| Profit (loss) for the period | 9904 | €24,632 | €35,197 | +€10,565 | +42.9% |
| Profit (loss) for the period to be appropriated | 9905 | €24,632 | €35,197 | +€10,565 | +42.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.