NICK EL PARTNERS: what changed
What changed
NICK EL PARTNERS
NACE 73.300, Public relations and communication consultancy
filed annual accounts (NBB)
Net result for the year
€98,024
2024 · €91,997+€6,027
Equity
€57,399
2024 · €5,000+€52,399
Cash
€34,988
2024 · €66,176-€31,188
Balance sheet total
€198,463
2024 · €169,991+€28,472
Largest movements
Assets
- Cash -€31,188
down €31,188 (-47.1%), from €66,176 to €34,988
mainly Contributions, distributions and other (-€45,625) and Receivables after one year (-€26,800)
- Receivables after one year +€26,800
up €26,800 (+41.2%), from €65,000 to €91,800
- Receivables within one year +€17,472
up €17,472 (+48.6%), from €35,949 to €53,422
of which Trade receivables: +€15,502
- Stocks and contracts +€16,700
new in 2025: €16,700
Equity and liabilities
- Profit (loss) carried forward +€52,399
new in 2025: €52,399
- Other debts -€22,950
down €22,950 (-29.4%), from €78,092 to €55,142
Income statement
- Gross operating margin +€6,728
up €6,728 (+5.6%), from €119,603 to €126,331
- Taxes +€2,817
up €2,817 (+10.6%), from €26,674 to €29,491
- Financial income +€2,401
up €2,401 (+515%), from €466 to €2,867
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€91,997
Gross operating margin
+€6,728
Depreciation
-€719
Other operating charges
+€478
Financial income
+€2,401
Financial charges
-€43
Taxes
-€2,817
Result 2025
€98,024
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€14,437
Investment
€0
Financing
-€45,625
Cash 2024
€66,176
From operations (derived)
+€14,437
Net result for the year
+€98,024
Depreciation
+€833
Receivables after one year
-€26,800
Stocks and contracts
-€16,700
Receivables within one year
-€17,472
Deferred charges and accrued income
+€479
Trade debts
-€1,432
Smaller working-capital items
+€455
Other debts
-€22,950
Financing
-€45,625
Contributions, distributions and other
-€45,625
Cash 2025
€34,988
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €169,991 | €198,463 | +€28,472 | +16.7% |
| Fixed assets | 21/28 | €2,386 | €1,553 | -€833 | -34.9% |
| Tangible fixed assets | 22/27 | €2,386 | €1,553 | -€833 | -34.9% |
| Furniture and vehicles | 24 | €2,386 | €1,553 | -€833 | -34.9% |
| Current assets | 29/58 | €167,604 | €196,910 | +€29,305 | +17.5% |
| Amounts receivable after more than one year | 29 | €65,000 | €91,800 | +€26,800 | +41.2% |
| Other amounts receivable | 291 | €65,000 | €91,800 | +€26,800 | +41.2% |
| Stocks and contracts in progress | 3 | - | €16,700 | +€16,700 | |
| Stocks | 30/36 | - | €16,700 | +€16,700 | |
| Amounts receivable within one year | 40/41 | €35,949 | €53,422 | +€17,472 | +48.6% |
| Trade receivables | 40 | €28,812 | €44,314 | +€15,502 | +53.8% |
| Other amounts receivable | 41 | €7,137 | €9,108 | +€1,970 | +27.6% |
| Cash at bank and in hand | 54/58 | €66,176 | €34,988 | -€31,188 | -47.1% |
| Deferred charges and accrued income | 490/1 | €479 | - | -€479 | |
| Total equity and liabilities | 10/49 | €169,991 | €198,463 | +€28,472 | +16.7% |
| Equity | 10/15 | €5,000 | €57,399 | +€52,399 | +1,048% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €52,399 | +€52,399 | |
| Amounts payable | 17/49 | €164,991 | €141,063 | -€23,927 | -14.5% |
| Amounts payable within one year | 42/48 | €164,991 | €141,063 | -€23,927 | -14.5% |
| Trade debts | 44 | €7,231 | €5,799 | -€1,432 | -19.8% |
| Suppliers | 440/4 | €7,231 | €5,799 | -€1,432 | -19.8% |
| Advances received on contracts in progress | 46 | €3,513 | €3,758 | +€244 | +6.9% |
| Taxes, remuneration and social security | 45 | €76,154 | €76,365 | +€211 | +0.3% |
| Taxes | 450/3 | €76,154 | €76,365 | +€211 | +0.3% |
| Other amounts payable | 47/48 | €78,092 | €55,142 | -€22,950 | -29.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €114 | €833 | +€719 | +632% |
| Other operating charges | 640/8 | €1,006 | €528 | -€478 | -47.5% |
| Gross operating margin | 9900 | €119,603 | €126,331 | +€6,728 | +5.6% |
| Operating profit (loss) | 9901 | €118,483 | €124,970 | +€6,486 | +5.5% |
| Financial income | 75/76B | €466 | €2,867 | +€2,401 | +515% |
| Recurring financial income | 75 | €466 | €2,867 | +€2,401 | +515% |
| Financial charges | 65/66B | €278 | €321 | +€43 | +15.4% |
| Recurring financial charges | 65 | €278 | €321 | +€43 | +15.4% |
| Profit (loss) for the period before taxes | 9903 | €118,672 | €127,516 | +€8,844 | +7.5% |
| Income taxes | 67/77 | €26,674 | €29,491 | +€2,817 | +10.6% |
| Profit (loss) for the period | 9904 | €91,997 | €98,024 | +€6,027 | +6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €91,997 | €98,024 | +€6,027 | +6.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.