NICE PROPERTIES: 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 PROPERTIES
Largest movements
- Stocks and contracts -€425,621
no longer reported in 2024 (was €425,621)
- Cash +€43,494
up €43,494 (+915654.3%), from €5 to €43,498
mainly Stocks and contracts (+€425,621) and Tax, wage and social debts (+€9,494)
- Receivables within one year -€8,786
no longer reported in 2024 (was €8,786)
- Trade debts -€354,883
down €354,883 (-99.3%), from €357,250 to €2,367
- Other debts -€38,558
down €38,558 (-54.2%), from €71,197 to €32,639
- Tax, wage and social debts +€9,494
new in 2024: €9,494
- Profit (loss) carried forward -€6,967
down €6,967 (-1096.4%), from -€635 to -€7,602
- Gross operating margin +€42,997
up €42,997, from -€3,984 to €39,013
- Taxes +€37,984
up €37,984 (+486.5%), from €7,808 to €45,793
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €434,412 | €43,498 | -€390,913 | -90.0% |
| Current assets | 29/58 | €434,412 | €43,498 | -€390,913 | -90.0% |
| Stocks and contracts in progress | 3 | €425,621 | - | -€425,621 | |
| Stocks | 30/36 | €425,621 | - | -€425,621 | |
| Amounts receivable within one year | 40/41 | €8,786 | - | -€8,786 | |
| Other amounts receivable | 41 | €8,786 | - | -€8,786 | |
| Cash at bank and in hand | 54/58 | €5 | €43,498 | +€43,494 | +915654.3% |
| Total equity and liabilities | 10/49 | €434,412 | €43,498 | -€390,913 | -90.0% |
| Equity | 10/15 | €5,965 | -€1,002 | -€6,967 | |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €600 | €600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €600 | €600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €600 | €600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€635 | -€7,602 | -€6,967 | -1096.4% |
| Amounts payable | 17/49 | €428,447 | €44,500 | -€383,947 | -89.6% |
| Amounts payable within one year | 42/48 | €428,447 | €44,500 | -€383,947 | -89.6% |
| Trade debts | 44 | €357,250 | €2,367 | -€354,883 | -99.3% |
| Suppliers | 440/4 | €357,250 | €2,367 | -€354,883 | -99.3% |
| Taxes, remuneration and social security | 45 | - | €9,494 | +€9,494 | |
| Taxes | 450/3 | - | €9,494 | +€9,494 | |
| Other amounts payable | 47/48 | €71,197 | €32,639 | -€38,558 | -54.2% |
| Other operating charges | 640/8 | - | €68 | +€68 | |
| Gross operating margin | 9900 | -€3,984 | €39,013 | +€42,997 | |
| Operating profit (loss) | 9901 | -€3,984 | €38,945 | +€42,929 | |
| Financial charges | 65/66B | €1 | €119 | +€118 | +18723.8% |
| Recurring financial charges | 65 | €1 | €119 | +€118 | +18723.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,985 | €38,826 | +€42,811 | |
| Income taxes | 67/77 | €7,808 | €45,793 | +€37,984 | +486.5% |
| Profit (loss) for the period | 9904 | -€11,793 | -€6,967 | +€4,827 | +40.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,793 | -€6,967 | +€4,827 | +40.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.