#NICECOM: 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.
#NICECOM
Largest movements
- Deferred charges and accrued income -€149,834
no longer reported in 2025 (was €149,834)
- Cash -€92,834
down €92,834 (-27.1%), from €342,603 to €249,769
mainly Accrued charges and deferred income (-€329,471) and Contributions, distributions and other (-€280,000)
- Tangible fixed assets -€68,021
down €68,021 (-33.3%), from €204,528 to €136,507
of which Furniture and vehicles: -€60,123
- Receivables within one year +€31,378
up €31,378 (+38.3%), from €81,993 to €113,371
of which Trade receivables: +€37,535
- Accrued charges and deferred income -€329,471
no longer reported in 2025 (was €329,471)
- Other debts +€110,000
up €110,000 (+64.7%), from €170,000 to €280,000
- Profit (loss) carried forward -€41,826
down €41,826 (-50.8%), from €82,393 to €40,567
- Tax, wage and social debts -€18,010
down €18,010 (-27.3%), from €66,008 to €47,999
of which Remuneration and social security: -€16,390
- Debts after one year -€12,607
down €12,607 (-11.6%), from €108,901 to €96,294
- Purchases and services -€1.6m
down €1.6m (-78.8%), from €2.0m to €421,885
- Staff costs -€104,272
down €104,272 (-38.3%), from €272,071 to €167,799
- Gross operating margin -€74,080
down €74,080 (-12.5%), from €590,685 to €516,605
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 | €789,609 | €510,297 | -€279,311 | -35.4% |
| Fixed assets | 21/28 | €215,178 | €147,157 | -€68,021 | -31.6% |
| Tangible fixed assets | 22/27 | €204,528 | €136,507 | -€68,021 | -33.3% |
| Land and buildings | 22 | €131,161 | €125,459 | -€5,703 | -4.3% |
| Furniture and vehicles | 24 | €60,333 | €210 | -€60,123 | -99.7% |
| Other tangible fixed assets | 26 | €13,035 | €10,838 | -€2,196 | -16.8% |
| Financial fixed assets | 28 | €10,650 | €10,650 | = | 0.0% |
| Current assets | 29/58 | €574,430 | €363,140 | -€211,290 | -36.8% |
| Amounts receivable within one year | 40/41 | €81,993 | €113,371 | +€31,378 | +38.3% |
| Trade receivables | 40 | €75,836 | €113,371 | +€37,535 | +49.5% |
| Other amounts receivable | 41 | €6,157 | - | -€6,157 | |
| Cash at bank and in hand | 54/58 | €342,603 | €249,769 | -€92,834 | -27.1% |
| Deferred charges and accrued income | 490/1 | €149,834 | - | -€149,834 | |
| Total equity and liabilities | 10/49 | €789,609 | €510,297 | -€279,311 | -35.4% |
| Equity | 10/15 | €102,853 | €61,027 | -€41,826 | -40.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,393 | €40,567 | -€41,826 | -50.8% |
| Amounts payable | 17/49 | €686,756 | €449,270 | -€237,486 | -34.6% |
| Amounts payable after more than one year | 17 | €108,901 | €96,294 | -€12,607 | -11.6% |
| Financial debts | 170/4 | €108,901 | €96,294 | -€12,607 | -11.6% |
| Amounts payable within one year | 42/48 | €248,384 | €352,977 | +€104,592 | +42.1% |
| Current portion of amounts payable after more than one year | 42 | €12,376 | €12,607 | +€231 | +1.9% |
| Trade debts | 44 | - | €12,371 | +€12,371 | |
| Suppliers | 440/4 | - | €12,371 | +€12,371 | |
| Taxes, remuneration and social security | 45 | €66,008 | €47,999 | -€18,010 | -27.3% |
| Taxes | 450/3 | €49,618 | €47,999 | -€1,619 | -3.3% |
| Remuneration and social security | 454/9 | €16,390 | - | -€16,390 | |
| Other amounts payable | 47/48 | €170,000 | €280,000 | +€110,000 | +64.7% |
| Accrued charges and deferred income | 492/3 | €329,471 | - | -€329,471 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,993,217 | €421,885 | -€1.6m | -78.8% |
| Remuneration, social security and pensions | 62 | €272,071 | €167,799 | -€104,272 | -38.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,600 | €8,403 | -€2,197 | -20.7% |
| Other operating charges | 640/8 | €1,361 | €1,594 | +€234 | +17.2% |
| Non-recurring operating charges | 66A | €1,972 | €17,955 | +€15,983 | +811% |
| Gross operating margin | 9900 | €590,685 | €516,605 | -€74,080 | -12.5% |
| Operating profit (loss) | 9901 | €304,682 | €320,854 | +€16,172 | +5.3% |
| Financial income | 75/76B | €1,139 | €3,051 | +€1,912 | +168% |
| Recurring financial income | 75 | €1,139 | €3,051 | +€1,912 | +168% |
| Financial charges | 65/66B | €3,768 | €2,899 | -€869 | -23.1% |
| Recurring financial charges | 65 | €3,768 | €2,899 | -€869 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | €302,053 | €321,007 | +€18,953 | +6.3% |
| Income taxes | 67/77 | €82,663 | €82,832 | +€169 | +0.2% |
| Profit (loss) for the period | 9904 | €219,390 | €238,174 | +€18,784 | +8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €219,390 | €238,174 | +€18,784 | +8.6% |
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 18 October 2026 via checked.be.