NICK MORIS: 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 MORIS
Largest movements
- Receivables within one year -€127,390
down €127,390 (-71.5%), from €178,095 to €50,705
of which Other amounts receivable: -€127,437
- Cash -€49,750
down €49,750 (-79.5%), from €62,548 to €12,798
mainly Contributions, distributions and other (-€165,781) and Other debts (-€163,218)
- Receivables after one year +€12,188
new in 2025: €12,188
- Other debts -€163,218
down €163,218 (-65.6%), from €248,933 to €85,714
- Reserves -€12,266
down €12,266 (-10.1%), from €121,731 to €109,464
- Tax, wage and social debts +€12,161
up €12,161 (+56.2%), from €21,619 to €33,780
- Trade debts +€4,808
up €4,808 (+50.6%), from €9,495 to €14,302
- Gross operating margin +€47,447
up €47,447 (+29.2%), from €162,554 to €210,000
- Taxes +€19,805
up €19,805 (+50.5%), from €39,182 to €58,987
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 | €416,949 | €258,918 | -€158,031 | -37.9% |
| Fixed assets | 21/28 | €171,834 | €174,707 | +€2,873 | +1.7% |
| Tangible fixed assets | 22/27 | €171,834 | €174,707 | +€2,873 | +1.7% |
| Furniture and vehicles | 24 | €170,705 | €174,006 | +€3,301 | +1.9% |
| Other tangible fixed assets | 26 | €1,129 | €701 | -€428 | -37.9% |
| Current assets | 29/58 | €245,115 | €84,211 | -€160,904 | -65.6% |
| Amounts receivable after more than one year | 29 | - | €12,188 | +€12,188 | |
| Other amounts receivable | 291 | - | €12,188 | +€12,188 | |
| Amounts receivable within one year | 40/41 | €178,095 | €50,705 | -€127,390 | -71.5% |
| Trade receivables | 40 | - | €47 | +€47 | |
| Other amounts receivable | 41 | €178,095 | €50,658 | -€127,437 | -71.6% |
| Cash at bank and in hand | 54/58 | €62,548 | €12,798 | -€49,750 | -79.5% |
| Deferred charges and accrued income | 490/1 | €4,473 | €8,521 | +€4,048 | +90.5% |
| Total equity and liabilities | 10/49 | €416,949 | €258,918 | -€158,031 | -37.9% |
| Equity | 10/15 | €136,731 | €124,464 | -€12,266 | -9.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €121,731 | €109,464 | -€12,266 | -10.1% |
| Distributable reserves | 133 | €121,731 | €109,464 | -€12,266 | -10.1% |
| Amounts payable | 17/49 | €280,218 | €134,454 | -€145,765 | -52.0% |
| Amounts payable within one year | 42/48 | €280,046 | €133,796 | -€146,250 | -52.2% |
| Trade debts | 44 | €9,495 | €14,302 | +€4,808 | +50.6% |
| Suppliers | 440/4 | €9,495 | €14,302 | +€4,808 | +50.6% |
| Taxes, remuneration and social security | 45 | €21,619 | €33,780 | +€12,161 | +56.2% |
| Taxes | 450/3 | €21,619 | €33,780 | +€12,161 | +56.2% |
| Other amounts payable | 47/48 | €248,933 | €85,714 | -€163,218 | -65.6% |
| Accrued charges and deferred income | 492/3 | €172 | €657 | +€485 | +282% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,334 | €4,286 | +€952 | +28.5% |
| Other operating charges | 640/8 | €1,167 | €1,266 | +€99 | +8.5% |
| Gross operating margin | 9900 | €162,554 | €210,000 | +€47,447 | +29.2% |
| Operating profit (loss) | 9901 | €158,053 | €204,449 | +€46,396 | +29.4% |
| Financial income | 75/76B | €7,630 | €8,192 | +€561 | +7.4% |
| Recurring financial income | 75 | €7,630 | €8,192 | +€561 | +7.4% |
| Financial charges | 65/66B | €138 | €139 | +€1 | +0.5% |
| Recurring financial charges | 65 | €138 | €139 | +€1 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €165,545 | €212,501 | +€46,957 | +28.4% |
| Income taxes | 67/77 | €39,182 | €58,987 | +€19,805 | +50.5% |
| Profit (loss) for the period | 9904 | €126,363 | €153,515 | +€27,152 | +21.5% |
| Profit (loss) for the period to be appropriated | 9905 | €126,363 | €153,515 | +€27,152 | +21.5% |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.