Nickel-ange: 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.
Nickel-ange
Largest movements
- Receivables within one year -€9,430
down €9,430 (-41.4%), from €22,765 to €13,335
of which Other amounts receivable: -€9,018
- Tangible fixed assets -€6,526
down €6,526 (-26.3%), from €24,858 to €18,332
of which Furniture and vehicles: -€5,138
- Cash +€5,117
up €5,117 (+262%), from €1,953 to €7,070
mainly Net result for the year (+€21,647) and Receivables within one year (+€9,430)
- Deferred charges and accrued income -€1,427
no longer reported in 2025 (was €1,427)
- Debts after one year -€11,773
no longer reported in 2025 (was €11,773)
- Tax, wage and social debts +€4,583
up €4,583 (+28.3%), from €16,174 to €20,757
- Current portion of long-term debt -€4,155
no longer reported in 2025 (was €4,155)
- Trade debts -€921
down €921 (-92.0%), from €1,001 to €80
of which Suppliers: -€1,001
- Taxes -€3,648
down €3,648 (-40.3%), from €9,060 to €5,412
- Staff costs -€3,206
down €3,206 (-48.4%), from €6,623 to €3,417
- Gross operating margin -€898
down €898 (-2.3%), from €38,752 to €37,854
- Depreciation +€753
up €753 (+13.0%), from €5,773 to €6,526
- Financial income +€552
new in 2025: €552
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 | €51,003 | €38,737 | -€12,266 | -24.0% |
| Fixed assets | 21/28 | €24,858 | €18,332 | -€6,526 | -26.3% |
| Tangible fixed assets | 22/27 | €24,858 | €18,332 | -€6,526 | -26.3% |
| Plant, machinery and equipment | 23 | €2,141 | €1,377 | -€764 | -35.7% |
| Furniture and vehicles | 24 | €17,268 | €12,130 | -€5,138 | -29.8% |
| Other tangible fixed assets | 26 | €5,449 | €4,825 | -€624 | -11.5% |
| Current assets | 29/58 | €26,145 | €20,405 | -€5,740 | -22.0% |
| Amounts receivable within one year | 40/41 | €22,765 | €13,335 | -€9,430 | -41.4% |
| Trade receivables | 40 | €3,954 | €3,542 | -€412 | -10.4% |
| Other amounts receivable | 41 | €18,811 | €9,793 | -€9,018 | -47.9% |
| Cash at bank and in hand | 54/58 | €1,953 | €7,070 | +€5,117 | +262% |
| Deferred charges and accrued income | 490/1 | €1,427 | - | -€1,427 | |
| Total equity and liabilities | 10/49 | €51,003 | €38,737 | -€12,266 | -24.0% |
| Equity | 10/15 | €17,900 | €17,900 | = | 0.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,400 | €15,400 | = | 0.0% |
| Amounts payable | 17/49 | €33,103 | €20,837 | -€12,266 | -37.1% |
| Amounts payable after more than one year | 17 | €11,773 | - | -€11,773 | |
| Financial debts | 170/4 | €11,773 | - | -€11,773 | |
| Amounts payable within one year | 42/48 | €21,330 | €20,837 | -€493 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €4,155 | - | -€4,155 | |
| Trade debts | 44 | €1,001 | €80 | -€921 | -92.0% |
| Suppliers | 440/4 | €1,001 | - | -€1,001 | |
| Bills of exchange payable | 441 | - | €80 | +€80 | |
| Taxes, remuneration and social security | 45 | €16,174 | €20,757 | +€4,583 | +28.3% |
| Taxes | 450/3 | €16,174 | €20,757 | +€4,583 | +28.3% |
| Remuneration, social security and pensions | 62 | €6,623 | €3,417 | -€3,206 | -48.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,773 | €6,526 | +€753 | +13.0% |
| Other operating charges | 640/8 | €928 | €726 | -€202 | -21.8% |
| Gross operating margin | 9900 | €38,752 | €37,854 | -€898 | -2.3% |
| Operating profit (loss) | 9901 | €25,428 | €27,185 | +€1,757 | +6.9% |
| Financial income | 75/76B | - | €552 | +€552 | |
| Recurring financial income | 75 | - | €552 | +€552 | |
| Financial charges | 65/66B | €968 | €678 | -€290 | -30.0% |
| Recurring financial charges | 65 | €968 | €678 | -€290 | -30.0% |
| Profit (loss) for the period before taxes | 9903 | €24,460 | €27,059 | +€2,599 | +10.6% |
| Income taxes | 67/77 | €9,060 | €5,412 | -€3,648 | -40.3% |
| Profit (loss) for the period | 9904 | €15,400 | €21,647 | +€6,247 | +40.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,400 | €21,647 | +€6,247 | +40.6% |
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.