NICKCIN: 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.
NICKCIN
Largest movements
- Cash +€11,897
up €11,897 (+23.6%), from €50,506 to €62,403
mainly Depreciation (+€13,022) and Net result for the year (+€12,931)
- Tangible fixed assets -€11,447
down €11,447 (-3.7%), from €310,247 to €298,800
of which Land and buildings: -€12,734
- Receivables after one year +€11,286
up €11,286 (+135%), from €8,368 to €19,654
- Profit (loss) carried forward +€12,931
up €12,931 (+57.9%), from -€22,315 to -€9,385
- Gross operating margin -€6,496
down €6,496 (-16.4%), from €39,676 to €33,180
- Financial charges -€577
down €577 (-11.0%), from €5,228 to €4,651
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 | €369,121 | €381,602 | +€12,481 | +3.4% |
| Fixed assets | 21/28 | €310,247 | €298,800 | -€11,447 | -3.7% |
| Tangible fixed assets | 22/27 | €310,247 | €298,800 | -€11,447 | -3.7% |
| Land and buildings | 22 | €309,431 | €296,698 | -€12,734 | -4.1% |
| Plant, machinery and equipment | 23 | €816 | €2,102 | +€1,287 | +158% |
| Current assets | 29/58 | €58,874 | €82,802 | +€23,928 | +40.6% |
| Amounts receivable after more than one year | 29 | €8,368 | €19,654 | +€11,286 | +135% |
| Other amounts receivable | 291 | €8,368 | €19,654 | +€11,286 | +135% |
| Cash at bank and in hand | 54/58 | €50,506 | €62,403 | +€11,897 | +23.6% |
| Deferred charges and accrued income | 490/1 | - | €745 | +€745 | |
| Total equity and liabilities | 10/49 | €369,121 | €381,602 | +€12,481 | +3.4% |
| Equity | 10/15 | €302,285 | €315,215 | +€12,931 | +4.3% |
| Contributions | 10/11 | €324,600 | €324,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,315 | -€9,385 | +€12,931 | +57.9% |
| Amounts payable | 17/49 | €66,836 | €66,387 | -€449 | -0.7% |
| Amounts payable after more than one year | 17 | €59,577 | €60,818 | +€1,241 | +2.1% |
| Other amounts payable | 178/9 | €59,577 | €60,818 | +€1,241 | +2.1% |
| Amounts payable within one year | 42/48 | €7,259 | €5,569 | -€1,690 | -23.3% |
| Trade debts | 44 | €2,172 | €1,071 | -€1,101 | -50.7% |
| Suppliers | 440/4 | €2,172 | €1,071 | -€1,101 | -50.7% |
| Taxes, remuneration and social security | 45 | €1,526 | €1,349 | -€177 | -11.6% |
| Taxes | 450/3 | €1,526 | €1,349 | -€177 | -11.6% |
| Other amounts payable | 47/48 | €3,561 | €3,149 | -€413 | -11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,006 | €13,022 | +€16 | +0.1% |
| Other operating charges | 640/8 | €2,849 | €2,929 | +€80 | +2.8% |
| Gross operating margin | 9900 | €39,676 | €33,180 | -€6,496 | -16.4% |
| Operating profit (loss) | 9901 | €23,822 | €17,229 | -€6,593 | -27.7% |
| Financial income | 75/76B | €14 | €353 | +€339 | +2,435% |
| Recurring financial income | 75 | €14 | €353 | +€339 | +2,435% |
| Financial charges | 65/66B | €5,228 | €4,651 | -€577 | -11.0% |
| Recurring financial charges | 65 | €5,228 | €4,651 | -€577 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €18,608 | €12,931 | -€5,678 | -30.5% |
| Profit (loss) for the period | 9904 | €18,608 | €12,931 | -€5,678 | -30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €18,608 | €12,931 | -€5,678 | -30.5% |
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 14 October 2026 via checked.be.