NICK & ANJA: 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.
NICK & ANJA
Largest movements
- Tangible fixed assets -€36,129
down €36,129 (-9.5%), from €378,553 to €342,424
of which Plant, machinery and equipment: -€27,689
- Receivables after one year +€20,000
up €20,000 (+8.3%), from €240,000 to €260,000
- Stocks and contracts -€7,272
down €7,272 (-65.0%), from €11,185 to €3,912
- Debts after one year -€50,537
down €50,537 (-15.4%), from €328,266 to €277,729
- Reserves +€48,621
up €48,621 (+39.4%), from €123,540 to €172,161
of which Distributable reserves: +€48,621
- Trade debts -€47,450
down €47,450 (-39.5%), from €120,250 to €72,800
- Tax, wage and social debts +€17,040
up €17,040 (+492%), from €3,460 to €20,500
- Other debts +€8,900
up €8,900 (+156%), from €5,723 to €14,623
- Gross operating margin +€50,602
up €50,602 (+42.3%), from €119,555 to €170,157
- Taxes +€12,085
up €12,085 (+144%), from €8,412 to €20,497
- Staff costs -€11,466
no longer reported in 2025 (was €11,466)
- Financial charges +€10,618
up €10,618 (+45.9%), from €23,142 to €33,760
- Depreciation +€8,882
up €8,882 (+15.0%), from €59,214 to €68,097
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 | €678,894 | €654,568 | -€24,326 | -3.6% |
| Fixed assets | 21/28 | €378,553 | €342,424 | -€36,129 | -9.5% |
| Tangible fixed assets | 22/27 | €378,553 | €342,424 | -€36,129 | -9.5% |
| Land and buildings | 22 | €102,419 | €94,681 | -€7,738 | -7.6% |
| Plant, machinery and equipment | 23 | €190,834 | €163,145 | -€27,689 | -14.5% |
| Furniture and vehicles | 24 | €1,223 | €826 | -€397 | -32.4% |
| Leasing and similar rights | 25 | €84,077 | €83,771 | -€306 | -0.4% |
| Current assets | 29/58 | €300,341 | €312,144 | +€11,803 | +3.9% |
| Amounts receivable after more than one year | 29 | €240,000 | €260,000 | +€20,000 | +8.3% |
| Other amounts receivable | 291 | €240,000 | €260,000 | +€20,000 | +8.3% |
| Stocks and contracts in progress | 3 | €11,185 | €3,912 | -€7,272 | -65.0% |
| Stocks | 30/36 | €11,185 | €3,912 | -€7,272 | -65.0% |
| Amounts receivable within one year | 40/41 | €45,122 | €42,442 | -€2,680 | -5.9% |
| Trade receivables | 40 | €16,860 | €18,690 | +€1,829 | +10.8% |
| Other amounts receivable | 41 | €28,262 | €23,753 | -€4,509 | -16.0% |
| Cash at bank and in hand | 54/58 | €2,766 | €4,407 | +€1,642 | +59.4% |
| Deferred charges and accrued income | 490/1 | €1,268 | €1,383 | +€115 | +9.0% |
| Total equity and liabilities | 10/49 | €678,894 | €654,568 | -€24,326 | -3.6% |
| Equity | 10/15 | €137,540 | €186,161 | +€48,621 | +35.4% |
| Contributions | 10/11 | €14,000 | €14,000 | = | 0.0% |
| Reserves | 13 | €123,540 | €172,161 | +€48,621 | +39.4% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €121,540 | €170,161 | +€48,621 | +40.0% |
| Amounts payable | 17/49 | €541,354 | €468,407 | -€72,947 | -13.5% |
| Amounts payable after more than one year | 17 | €328,266 | €277,729 | -€50,537 | -15.4% |
| Financial debts | 170/4 | €328,266 | €277,729 | -€50,537 | -15.4% |
| Amounts payable within one year | 42/48 | €213,029 | €190,618 | -€22,411 | -10.5% |
| Current portion of amounts payable after more than one year | 42 | €60,086 | €65,039 | +€4,954 | +8.2% |
| Financial debts | 43 | €19,732 | €17,656 | -€2,076 | -10.5% |
| Credit institutions | 430/8 | €19,732 | €17,656 | -€2,076 | -10.5% |
| Trade debts | 44 | €120,250 | €72,800 | -€47,450 | -39.5% |
| Suppliers | 440/4 | €120,250 | €72,800 | -€47,450 | -39.5% |
| Advances received on contracts in progress | 46 | €3,779 | - | -€3,779 | |
| Taxes, remuneration and social security | 45 | €3,460 | €20,500 | +€17,040 | +492% |
| Taxes | 450/3 | €3,460 | €20,500 | +€17,040 | +492% |
| Other amounts payable | 47/48 | €5,723 | €14,623 | +€8,900 | +156% |
| Accrued charges and deferred income | 492/3 | €59 | €61 | +€2 | +3.4% |
| Non-recurring operating income | 76A | - | €11,798 | +€11,798 | |
| Remuneration, social security and pensions | 62 | €11,466 | - | -€11,466 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,214 | €68,097 | +€8,882 | +15.0% |
| Other operating charges | 640/8 | €2,595 | €2,803 | +€207 | +8.0% |
| Gross operating margin | 9900 | €119,555 | €170,157 | +€50,602 | +42.3% |
| Operating profit (loss) | 9901 | €46,279 | €99,258 | +€52,979 | +114% |
| Financial income | 75/76B | €3,600 | €3,620 | +€20 | +0.5% |
| Recurring financial income | 75 | €3,600 | €3,620 | +€20 | +0.5% |
| Financial charges | 65/66B | €23,142 | €33,760 | +€10,618 | +45.9% |
| Recurring financial charges | 65 | €23,142 | €33,760 | +€10,618 | +45.9% |
| Profit (loss) for the period before taxes | 9903 | €26,738 | €69,118 | +€42,380 | +159% |
| Income taxes | 67/77 | €8,412 | €20,497 | +€12,085 | +144% |
| Profit (loss) for the period | 9904 | €18,326 | €48,621 | +€30,295 | +165% |
| Profit (loss) for the period to be appropriated | 9905 | €18,326 | €48,621 | +€30,295 | +165% |
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 19 October 2026 via checked.be.