NICK PLUIM: 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 PLUIM
Largest movements
- Current investments -€40,000
down €40,000 (-100%), from €40,000 to €0
- Cash -€13,721
down €13,721 (-29.1%), from €47,196 to €33,475
mainly Contributions, distributions and other (-€114,631) and Receivables within one year (-€1,412)
- Tangible fixed assets -€4,446
down €4,446 (-26.5%), from €16,796 to €12,350
- Receivables within one year +€1,412
up €1,412 (+37,464%), from €4 to €1,416
- Reserves -€84,965
down €84,965 (-99.8%), from €85,131 to €166
- Other debts +€27,111
up €27,111 (+7,743%), from €350 to €27,462
- Gross operating margin -€6,018
down €6,018 (-12.3%), from €49,101 to €43,083
- Taxes -€3,397
down €3,397 (-28.4%), from €11,981 to €8,584
- Financial income +€865
new in 2025: €865
- Depreciation +€696
up €696 (+18.6%), from €3,750 to €4,446
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 | €104,338 | €47,583 | -€56,755 | -54.4% |
| Fixed assets | 21/28 | €16,796 | €12,350 | -€4,446 | -26.5% |
| Tangible fixed assets | 22/27 | €16,796 | €12,350 | -€4,446 | -26.5% |
| Furniture and vehicles | 24 | €16,796 | €12,350 | -€4,446 | -26.5% |
| Current assets | 29/58 | €87,542 | €35,233 | -€52,309 | -59.8% |
| Stocks and contracts in progress | 3 | €146 | €146 | = | 0.0% |
| Stocks | 30/36 | €146 | €146 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4 | €1,416 | +€1,412 | +37,464% |
| Other amounts receivable | 41 | €4 | €1,416 | +€1,412 | +37,464% |
| Current investments | 50/53 | €40,000 | €0 | -€40,000 | -100% |
| Cash at bank and in hand | 54/58 | €47,196 | €33,475 | -€13,721 | -29.1% |
| Deferred charges and accrued income | 490/1 | €195 | €195 | = | 0.0% |
| Total equity and liabilities | 10/49 | €104,338 | €47,583 | -€56,755 | -54.4% |
| Equity | 10/15 | €87,131 | €2,166 | -€84,965 | -97.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €85,131 | €166 | -€84,965 | -99.8% |
| Distributable reserves | 133 | €85,131 | €166 | -€84,965 | -99.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €17,206 | €45,416 | +€28,210 | +164% |
| Amounts payable within one year | 42/48 | €17,206 | €45,416 | +€28,210 | +164% |
| Trade debts | 44 | €53 | €824 | +€772 | +1,459% |
| Suppliers | 440/4 | €53 | €824 | +€772 | +1,459% |
| Taxes, remuneration and social security | 45 | €16,803 | €17,130 | +€327 | +1.9% |
| Taxes | 450/3 | €16,728 | €17,130 | +€402 | +2.4% |
| Remuneration and social security | 454/9 | €75 | €0 | -€75 | -100% |
| Other amounts payable | 47/48 | €350 | €27,462 | +€27,111 | +7,743% |
| Non-recurring operating income | 76A | €258 | €0 | -€258 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,750 | €4,446 | +€696 | +18.6% |
| Other operating charges | 640/8 | €1,020 | €1,021 | +€2 | +0.2% |
| Gross operating margin | 9900 | €49,101 | €43,083 | -€6,018 | -12.3% |
| Operating profit (loss) | 9901 | €44,331 | €37,616 | -€6,715 | -15.1% |
| Financial income | 75/76B | - | €865 | +€865 | |
| Recurring financial income | 75 | - | €865 | +€865 | |
| Financial charges | 65/66B | €201 | €231 | +€30 | +14.8% |
| Recurring financial charges | 65 | €201 | €231 | +€30 | +14.8% |
| Profit (loss) for the period before taxes | 9903 | €44,130 | €38,250 | -€5,880 | -13.3% |
| Income taxes | 67/77 | €11,981 | €8,584 | -€3,397 | -28.4% |
| Profit (loss) for the period | 9904 | €32,149 | €29,666 | -€2,483 | -7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €32,149 | €29,666 | -€2,483 | -7.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.