NICEWORK: 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.
NICEWORK
Largest movements
- Cash -€15,590
down €15,590 (-32.8%), from €47,541 to €31,950
mainly Tax, wage and social debts (-€11,328) and Receivables within one year (-€4,825)
- Receivables within one year +€4,825
up €4,825 (+23.3%), from €20,753 to €25,578
of which Other amounts receivable: +€6,008
- Tangible fixed assets -€3,605
down €3,605 (-5.7%), from €63,285 to €59,680
of which Land and buildings: -€3,090
- Tax, wage and social debts -€11,328
down €11,328 (-49.2%), from €23,009 to €11,681
of which Taxes: -€8,625
- Debts after one year -€4,122
down €4,122 (-35.6%), from €11,587 to €7,465
- Reserves +€3,800
up €3,800 (+10.9%), from €34,860 to €38,660
of which Distributable reserves: +€3,800
- Accrued charges and deferred income -€2,710
down €2,710 (-66.7%), from €4,066 to €1,355
- Gross operating margin -€8,082
down €8,082 (-38.8%), from €20,803 to €12,722
- Taxes -€2,260
down €2,260 (-46.7%), from €4,842 to €2,582
- Other operating charges -€1,747
down €1,747 (-40.3%), from €4,341 to €2,594
- Financial income +€454
up €454 (+454080.0%), from €0 to €454
of which Financial income: +€454
- Financial charges +€403
up €403 (+276.3%), from €146 to €549
of which Financial charges: +€351
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 | €133,098 | €118,778 | -€14,320 | -10.8% |
| Fixed assets | 21/28 | €63,785 | €60,180 | -€3,605 | -5.7% |
| Tangible fixed assets | 22/27 | €63,285 | €59,680 | -€3,605 | -5.7% |
| Land and buildings | 22 | €61,211 | €58,121 | -€3,090 | -5.0% |
| Furniture and vehicles | 24 | €2,074 | €1,560 | -€515 | -24.8% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €69,313 | €58,598 | -€10,715 | -15.5% |
| Amounts receivable within one year | 40/41 | €20,753 | €25,578 | +€4,825 | +23.3% |
| Trade receivables | 40 | €15,678 | €14,494 | -€1,183 | -7.5% |
| Other amounts receivable | 41 | €5,075 | €11,083 | +€6,008 | +118.4% |
| Cash at bank and in hand | 54/58 | €47,541 | €31,950 | -€15,590 | -32.8% |
| Deferred charges and accrued income | 490/1 | €1,020 | €1,070 | +€50 | +4.9% |
| Total equity and liabilities | 10/49 | €133,098 | €118,778 | -€14,320 | -10.8% |
| Equity | 10/15 | €82,692 | €86,538 | +€3,846 | +4.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €34,860 | €38,660 | +€3,800 | +10.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €33,000 | €36,800 | +€3,800 | +11.5% |
| Profit (loss) carried forward | 14 | €41,632 | €41,678 | +€46 | +0.1% |
| Amounts payable | 17/49 | €50,406 | €32,240 | -€18,166 | -36.0% |
| Amounts payable after more than one year | 17 | €11,587 | €7,465 | -€4,122 | -35.6% |
| Financial debts | 170/4 | €11,587 | €7,465 | -€4,122 | -35.6% |
| Amounts payable within one year | 42/48 | €34,754 | €23,420 | -€11,334 | -32.6% |
| Current portion of amounts payable after more than one year | 42 | €3,711 | €3,659 | -€52 | -1.4% |
| Trade debts | 44 | €7,360 | €7,406 | +€46 | +0.6% |
| Suppliers | 440/4 | €7,360 | €7,406 | +€46 | +0.6% |
| Taxes, remuneration and social security | 45 | €23,009 | €11,681 | -€11,328 | -49.2% |
| Taxes | 450/3 | €8,625 | - | -€8,625 | |
| Remuneration and social security | 454/9 | €14,383 | €11,681 | -€2,702 | -18.8% |
| Other amounts payable | 47/48 | €674 | €674 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €4,066 | €1,355 | -€2,710 | -66.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,590 | €3,605 | +€15 | +0.4% |
| Other operating charges | 640/8 | €4,341 | €2,594 | -€1,747 | -40.3% |
| Gross operating margin | 9900 | €20,803 | €12,722 | -€8,082 | -38.8% |
| Operating profit (loss) | 9901 | €12,873 | €6,523 | -€6,350 | -49.3% |
| Financial income | 75/76B | €0 | €454 | +€454 | +454080.0% |
| Recurring financial income | 75 | €0 | €454 | +€454 | +454080.0% |
| Non-recurring financial income | 76B | €0 | - | -€0 | |
| Financial charges | 65/66B | €146 | €549 | +€403 | +276.3% |
| Recurring financial charges | 65 | €146 | €497 | +€351 | +240.6% |
| Non-recurring financial charges | 66B | - | €52 | +€52 | |
| Profit (loss) for the period before taxes | 9903 | €12,727 | €6,428 | -€6,299 | -49.5% |
| Income taxes | 67/77 | €4,842 | €2,582 | -€2,260 | -46.7% |
| Profit (loss) for the period | 9904 | €7,884 | €3,846 | -€4,039 | -51.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,884 | €3,846 | -€4,039 | -51.2% |
Source: filed annual accounts (NBB), fiscal 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.