NICKEL MANAGEMENT: 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 MANAGEMENT
Largest movements
- Cash +€23,339
up €23,339 (+157%), from €14,868 to €38,207
mainly Other debts (+€30,000) and Net result for the year (+€19,695)
- Receivables within one year -€2,559
down €2,559 (-97.4%), from €2,628 to €69
- Tangible fixed assets -€1,799
down €1,799 (-45.5%), from €3,954 to €2,156
- Deferred charges and accrued income +€728
new in 2025: €728
- Other debts +€30,000
new in 2025: €30,000
- Reserves -€10,305
down €10,305 (-65.2%), from €15,799 to €5,494
- Trade debts +€488
up €488 (+36.7%), from €1,330 to €1,818
- Tax, wage and social debts -€474
down €474 (-13.3%), from €3,562 to €3,088
- Gross operating margin +€15,634
up €15,634 (+123%), from €12,697 to €28,331
- Taxes +€1,761
up €1,761 (+51.3%), from €3,435 to €5,196
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 | €22,690 | €42,400 | +€19,710 | +86.9% |
| Fixed assets | 21/28 | €5,194 | €3,396 | -€1,799 | -34.6% |
| Tangible fixed assets | 22/27 | €3,954 | €2,156 | -€1,799 | -45.5% |
| Furniture and vehicles | 24 | €3,954 | €2,156 | -€1,799 | -45.5% |
| Financial fixed assets | 28 | €1,240 | €1,240 | = | 0.0% |
| Current assets | 29/58 | €17,496 | €39,005 | +€21,509 | +123% |
| Amounts receivable within one year | 40/41 | €2,628 | €69 | -€2,559 | -97.4% |
| Other amounts receivable | 41 | €2,628 | €69 | -€2,559 | -97.4% |
| Cash at bank and in hand | 54/58 | €14,868 | €38,207 | +€23,339 | +157% |
| Deferred charges and accrued income | 490/1 | - | €728 | +€728 | |
| Total equity and liabilities | 10/49 | €22,690 | €42,400 | +€19,710 | +86.9% |
| Equity | 10/15 | €17,799 | €7,494 | -€10,305 | -57.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | - | -€2,000 | |
| Other | 1109/19 | €2,000 | - | -€2,000 | |
| Reserves | 13 | €15,799 | €5,494 | -€10,305 | -65.2% |
| Distributable reserves | 133 | €15,799 | €5,494 | -€10,305 | -65.2% |
| Amounts payable | 17/49 | €4,892 | €34,906 | +€30,015 | +614% |
| Amounts payable within one year | 42/48 | €4,892 | €34,906 | +€30,015 | +614% |
| Trade debts | 44 | €1,330 | €1,818 | +€488 | +36.7% |
| Suppliers | 440/4 | €1,330 | €1,818 | +€488 | +36.7% |
| Taxes, remuneration and social security | 45 | €3,562 | €3,088 | -€474 | -13.3% |
| Taxes | 450/3 | €3,562 | €3,088 | -€474 | -13.3% |
| Other amounts payable | 47/48 | - | €30,000 | +€30,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,799 | €1,799 | = | 0.0% |
| Gross operating margin | 9900 | €12,697 | €28,331 | +€15,634 | +123% |
| Operating profit (loss) | 9901 | €10,898 | €26,532 | +€15,634 | +143% |
| Financial income | 75/76B | €69 | €0 | -€69 | -100.0% |
| Recurring financial income | 75 | €69 | €0 | -€69 | -100.0% |
| Financial charges | 65/66B | €1,621 | €1,641 | +€20 | +1.2% |
| Recurring financial charges | 65 | €1,621 | €1,641 | +€20 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €9,347 | €24,891 | +€15,545 | +166% |
| Income taxes | 67/77 | €3,435 | €5,196 | +€1,761 | +51.3% |
| Profit (loss) for the period | 9904 | €5,912 | €19,695 | +€13,784 | +233% |
| Profit (loss) for the period to be appropriated | 9905 | €5,912 | €19,695 | +€13,784 | +233% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.