NICKELE: 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.
NICKELE
Largest movements
- Cash +€13,457
up €13,457 (+415%), from €3,239 to €16,696
mainly Net result for the year (+€23,584) and Tax, wage and social debts (+€4,264)
- Tangible fixed assets +€7,680
up €7,680 (+729%), from €1,054 to €8,733
of which Furniture and vehicles: +€6,680
- Receivables within one year +€4,373
up €4,373 (+25.9%), from €16,909 to €21,282
of which Other amounts receivable: +€2,467
- Profit (loss) carried forward +€23,584
up €23,584 (+206%), from €11,457 to €35,041
- Tax, wage and social debts +€4,264
up €4,264 (+136%), from €3,136 to €7,400
- Other debts -€4,033
down €4,033 (-92.9%), from €4,339 to €306
- Trade debts +€1,695
up €1,695 (+630%), from €269 to €1,964
- Gross operating margin +€19,272
up €19,272 (+123%), from €15,632 to €34,904
- Taxes +€4,264
up €4,264 (+136%), from €3,136 to €7,400
- Depreciation +€2,482
up €2,482 (+8,979%), from €28 to €2,510
- Other operating charges +€391
up €391 (+40.1%), from €975 to €1,365
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 | €21,201 | €46,711 | +€25,510 | +120% |
| Fixed assets | 21/28 | €1,054 | €8,733 | +€7,680 | +729% |
| Tangible fixed assets | 22/27 | €1,054 | €8,733 | +€7,680 | +729% |
| Furniture and vehicles | 24 | €1,054 | €7,733 | +€6,680 | +634% |
| Assets under construction and advance payments | 27 | - | €1,000 | +€1,000 | |
| Current assets | 29/58 | €20,148 | €37,978 | +€17,830 | +88.5% |
| Amounts receivable within one year | 40/41 | €16,909 | €21,282 | +€4,373 | +25.9% |
| Trade receivables | 40 | €14,829 | €16,736 | +€1,907 | +12.9% |
| Other amounts receivable | 41 | €2,080 | €4,546 | +€2,467 | +119% |
| Cash at bank and in hand | 54/58 | €3,239 | €16,696 | +€13,457 | +415% |
| Total equity and liabilities | 10/49 | €21,201 | €46,711 | +€25,510 | +120% |
| Equity | 10/15 | €13,457 | €37,041 | +€23,584 | +175% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,457 | €35,041 | +€23,584 | +206% |
| Amounts payable | 17/49 | €7,744 | €9,670 | +€1,926 | +24.9% |
| Amounts payable within one year | 42/48 | €7,744 | €9,670 | +€1,926 | +24.9% |
| Trade debts | 44 | €269 | €1,964 | +€1,695 | +630% |
| Suppliers | 440/4 | €269 | €1,964 | +€1,695 | +630% |
| Taxes, remuneration and social security | 45 | €3,136 | €7,400 | +€4,264 | +136% |
| Taxes | 450/3 | €3,136 | €7,400 | +€4,264 | +136% |
| Other amounts payable | 47/48 | €4,339 | €306 | -€4,033 | -92.9% |
| Remuneration, social security and pensions | 62 | - | €15 | +€15 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28 | €2,510 | +€2,482 | +8,979% |
| Other operating charges | 640/8 | €975 | €1,365 | +€391 | +40.1% |
| Gross operating margin | 9900 | €15,632 | €34,904 | +€19,272 | +123% |
| Operating profit (loss) | 9901 | €14,630 | €31,015 | +€16,384 | +112% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €37 | €32 | -€5 | -14.1% |
| Recurring financial charges | 65 | €37 | €32 | -€5 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | €14,593 | €30,984 | +€16,391 | +112% |
| Income taxes | 67/77 | €3,136 | €7,400 | +€4,264 | +136% |
| Profit (loss) for the period | 9904 | €11,457 | €23,584 | +€12,127 | +106% |
| Profit (loss) for the period to be appropriated | 9905 | €11,457 | €23,584 | +€12,127 | +106% |
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 27 October 2026 via checked.be.