NICKCONSTRUCT: what changed
Two fiscal 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.
NICKCONSTRUCT
Largest movements
- Cash +€49,342
up €49,342 (+226.1%), from €21,821 to €71,163
mainly Net result for the year (+€25,455) and Trade debts (+€23,159)
- Tangible fixed assets -€18,721
down €18,721 (-50.8%), from €36,836 to €18,115
- Receivables within one year +€12,692
up €12,692 (+23.6%), from €53,782 to €66,473
of which Other amounts receivable: +€10,532
- Receivables after one year -€3,685
down €3,685 (-19.1%), from €19,343 to €15,657
- Reserves +€25,000
up €25,000 (+1344.1%), from €1,860 to €26,860
of which Distributable reserves: +€25,000
- Trade debts +€23,159
up €23,159 (+195.4%), from €11,851 to €35,010
- Debts after one year -€8,240
down €8,240 (-41.5%), from €19,854 to €11,615
- Gross operating margin +€53,136
up €53,136, from -€2,802 to €50,334
- Taxes +€4,460
up €4,460 (+1716.7%), from €260 to €4,719
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.
Cash bridge derived
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 | €132,896 | €171,921 | +€39,025 | +29.4% |
| Fixed assets | 21/28 | €36,836 | €18,115 | -€18,721 | -50.8% |
| Tangible fixed assets | 22/27 | €36,836 | €18,115 | -€18,721 | -50.8% |
| Furniture and vehicles | 24 | €36,836 | €18,115 | -€18,721 | -50.8% |
| Current assets | 29/58 | €96,060 | €153,806 | +€57,746 | +60.1% |
| Amounts receivable after more than one year | 29 | €19,343 | €15,657 | -€3,685 | -19.1% |
| Other amounts receivable | 291 | €19,343 | €15,657 | -€3,685 | -19.1% |
| Amounts receivable within one year | 40/41 | €53,782 | €66,473 | +€12,692 | +23.6% |
| Trade receivables | 40 | €37,571 | €39,731 | +€2,159 | +5.7% |
| Other amounts receivable | 41 | €16,210 | €26,743 | +€10,532 | +65.0% |
| Cash at bank and in hand | 54/58 | €21,821 | €71,163 | +€49,342 | +226.1% |
| Deferred charges and accrued income | 490/1 | €1,115 | €513 | -€602 | -54.0% |
| Total equity and liabilities | 10/49 | €132,896 | €171,921 | +€39,025 | +29.4% |
| Equity | 10/15 | €89,051 | €114,505 | +€25,455 | +28.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €26,860 | +€25,000 | +1344.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €25,000 | +€25,000 | |
| Profit (loss) carried forward | 14 | €74,791 | €75,245 | +€455 | +0.6% |
| Amounts payable | 17/49 | €43,846 | €57,416 | +€13,570 | +30.9% |
| Amounts payable after more than one year | 17 | €19,854 | €11,615 | -€8,240 | -41.5% |
| Financial debts | 170/4 | €19,854 | €11,615 | -€8,240 | -41.5% |
| Amounts payable within one year | 42/48 | €23,991 | €45,801 | +€21,810 | +90.9% |
| Current portion of amounts payable after more than one year | 42 | €8,936 | €8,240 | -€696 | -7.8% |
| Trade debts | 44 | €11,851 | €35,010 | +€23,159 | +195.4% |
| Suppliers | 440/4 | €11,851 | €35,010 | +€23,159 | +195.4% |
| Taxes, remuneration and social security | 45 | €3,204 | €2,551 | -€653 | -20.4% |
| Taxes | 450/3 | €3,204 | €2,551 | -€653 | -20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,721 | €18,721 | = | 0.0% |
| Other operating charges | 640/8 | €1,199 | €1,215 | +€16 | +1.3% |
| Gross operating margin | 9900 | -€2,802 | €50,334 | +€53,136 | |
| Operating profit (loss) | 9901 | -€22,723 | €30,398 | +€53,120 | |
| Financial income | 75/76B | €1,005 | €1,320 | +€315 | +31.3% |
| Recurring financial income | 75 | €1,005 | €1,320 | +€315 | +31.3% |
| Financial charges | 65/66B | €1,933 | €1,544 | -€389 | -20.1% |
| Recurring financial charges | 65 | €1,933 | €1,544 | -€389 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | -€23,650 | €30,174 | +€53,824 | |
| Income taxes | 67/77 | €260 | €4,719 | +€4,460 | +1716.7% |
| Profit (loss) for the period | 9904 | -€23,910 | €25,455 | +€49,365 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,910 | €25,455 | +€49,365 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.