NICE INVESTMENTS: 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.
NICE INVESTMENTS
Largest movements
- Cash -€11,652
down €11,652 (-64.8%), from €17,970 to €6,318
mainly Investment in fixed assets (net) (-€7,361) and Trade debts (-€5,778)
- Tangible fixed assets +€3,767
up €3,767 (+39.7%), from €9,493 to €13,260
of which Plant, machinery and equipment: +€5,856
- Trade debts -€5,778
down €5,778 (-33.6%), from €17,173 to €11,395
- Tax, wage and social debts -€4,553
down €4,553 (-69.2%), from €6,580 to €2,027
of which Remuneration and social security: -€4,570
- Other debts +€3,148
up €3,148 (+3.8%), from €83,447 to €86,595
- Accrued charges and deferred income -€2,501
down €2,501 (-71.1%), from €3,518 to €1,017
- Profit (loss) carried forward +€1,464
up €1,464 (+1.7%), from -€84,619 to -€83,155
- Gross operating margin -€9,755
down €9,755 (-21.3%), from €45,803 to €36,048
- Staff costs -€8,052
down €8,052 (-21.7%), from €37,026 to €28,974
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.
Derived cash bridge
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 | €41,598 | €33,378 | -€8,220 | -19.8% |
| Fixed assets | 21/28 | €11,393 | €15,160 | +€3,767 | +33.1% |
| Tangible fixed assets | 22/27 | €9,493 | €13,260 | +€3,767 | +39.7% |
| Land and buildings | 22 | €7,690 | €5,259 | -€2,431 | -31.6% |
| Plant, machinery and equipment | 23 | €1,029 | €6,885 | +€5,856 | +569% |
| Furniture and vehicles | 24 | €773 | €1,116 | +€342 | +44.3% |
| Financial fixed assets | 28 | €1,900 | €1,900 | = | 0.0% |
| Current assets | 29/58 | €30,205 | €18,218 | -€11,987 | -39.7% |
| Amounts receivable within one year | 40/41 | €9,832 | €9,770 | -€62 | -0.6% |
| Trade receivables | 40 | €655 | €655 | = | 0.0% |
| Other amounts receivable | 41 | €9,177 | €9,115 | -€62 | -0.7% |
| Cash at bank and in hand | 54/58 | €17,970 | €6,318 | -€11,652 | -64.8% |
| Deferred charges and accrued income | 490/1 | €2,404 | €2,130 | -€274 | -11.4% |
| Total equity and liabilities | 10/49 | €41,598 | €33,378 | -€8,220 | -19.8% |
| Equity | 10/15 | -€69,119 | -€67,655 | +€1,464 | +2.1% |
| Contributions | 10/11 | €15,500 | €15,500 | = | 0.0% |
| Contributions outside capital | 11 | €15,500 | - | -€15,500 | |
| Other | 1109/19 | €15,500 | - | -€15,500 | |
| Profit (loss) carried forward | 14 | -€84,619 | -€83,155 | +€1,464 | +1.7% |
| Amounts payable | 17/49 | €110,717 | €101,033 | -€9,684 | -8.7% |
| Amounts payable within one year | 42/48 | €107,199 | €100,016 | -€7,183 | -6.7% |
| Trade debts | 44 | €17,173 | €11,395 | -€5,778 | -33.6% |
| Suppliers | 440/4 | €17,173 | €11,395 | -€5,778 | -33.6% |
| Taxes, remuneration and social security | 45 | €6,580 | €2,027 | -€4,553 | -69.2% |
| Taxes | 450/3 | €2,010 | €2,027 | +€17 | +0.8% |
| Remuneration and social security | 454/9 | €4,570 | - | -€4,570 | |
| Other amounts payable | 47/48 | €83,447 | €86,595 | +€3,148 | +3.8% |
| Accrued charges and deferred income | 492/3 | €3,518 | €1,017 | -€2,501 | -71.1% |
| Remuneration, social security and pensions | 62 | €37,026 | €28,974 | -€8,052 | -21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,159 | €3,594 | +€435 | +13.8% |
| Other operating charges | 640/8 | €1,603 | €1,356 | -€247 | -15.4% |
| Gross operating margin | 9900 | €45,803 | €36,048 | -€9,755 | -21.3% |
| Operating profit (loss) | 9901 | €4,015 | €2,124 | -€1,891 | -47.1% |
| Financial income | 75/76B | €0 | €5 | +€5 | +1,652% |
| Recurring financial income | 75 | €0 | €5 | +€5 | +1,652% |
| Financial charges | 65/66B | €747 | €665 | -€82 | -11.0% |
| Recurring financial charges | 65 | €747 | €665 | -€82 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €3,268 | €1,464 | -€1,804 | -55.2% |
| Profit (loss) for the period | 9904 | €3,268 | €1,464 | -€1,804 | -55.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,268 | €1,464 | -€1,804 | -55.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.