NICKTRANS: 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.
NICKTRANS
Largest movements
- Cash +€54,854
up €54,854 (+38.7%), from €141,640 to €196,494
mainly Depreciation (+€84,994) and Net result for the year (+€52,683)
- Tangible fixed assets -€39,994
down €39,994 (-13.2%), from €303,001 to €263,007
of which Furniture and vehicles: -€35,633
- Receivables within one year +€14,888
up €14,888 (+21.3%), from €70,038 to €84,926
of which Other amounts receivable: +€19,379
- Deferred charges and accrued income +€8,878
up €8,878 (+58.5%), from €15,171 to €24,049
- Reserves +€35,048
up €35,048 (+7.8%), from €451,581 to €486,629
of which Non-distributable reserves: +€35,048
- Tax, wage and social debts -€6,221
down €6,221 (-45.9%), from €13,567 to €7,346
- Gross operating margin -€57,211
down €57,211 (-25.8%), from €221,761 to €164,550
- Taxes -€16,206
down €16,206 (-44.0%), from €36,827 to €20,621
- Depreciation +€12,562
up €12,562 (+17.3%), from €72,432 to €84,994
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 | €532,355 | €569,380 | +€37,026 | +7.0% |
| Fixed assets | 21/28 | €305,506 | €263,912 | -€41,594 | -13.6% |
| Tangible fixed assets | 22/27 | €303,001 | €263,007 | -€39,994 | -13.2% |
| Land and buildings | 22 | €24,606 | €22,203 | -€2,402 | -9.8% |
| Plant, machinery and equipment | 23 | €3,988 | €2,030 | -€1,959 | -49.1% |
| Furniture and vehicles | 24 | €274,407 | €238,774 | -€35,633 | -13.0% |
| Financial fixed assets | 28 | €2,505 | €905 | -€1,600 | -63.9% |
| Current assets | 29/58 | €226,849 | €305,468 | +€78,620 | +34.7% |
| Amounts receivable within one year | 40/41 | €70,038 | €84,926 | +€14,888 | +21.3% |
| Trade receivables | 40 | €70,038 | €65,547 | -€4,491 | -6.4% |
| Other amounts receivable | 41 | - | €19,379 | +€19,379 | |
| Cash at bank and in hand | 54/58 | €141,640 | €196,494 | +€54,854 | +38.7% |
| Deferred charges and accrued income | 490/1 | €15,171 | €24,049 | +€8,878 | +58.5% |
| Total equity and liabilities | 10/49 | €532,355 | €569,380 | +€37,026 | +7.0% |
| Equity | 10/15 | €470,181 | €505,229 | +€35,048 | +7.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €451,581 | €486,629 | +€35,048 | +7.8% |
| Non-distributable reserves | 130/1 | €310,412 | €345,459 | +€35,048 | +11.3% |
| Other | 1319 | €310,412 | €345,459 | +€35,048 | +11.3% |
| Tax-exempt reserves | 132 | €36,500 | €36,500 | = | 0.0% |
| Distributable reserves | 133 | €104,669 | €104,669 | = | 0.0% |
| Amounts payable | 17/49 | €62,174 | €64,152 | +€1,978 | +3.2% |
| Amounts payable within one year | 42/48 | €60,610 | €62,638 | +€2,028 | +3.3% |
| Trade debts | 44 | €10,678 | €16,345 | +€5,667 | +53.1% |
| Suppliers | 440/4 | €10,678 | €16,345 | +€5,667 | +53.1% |
| Taxes, remuneration and social security | 45 | €13,567 | €7,346 | -€6,221 | -45.9% |
| Taxes | 450/3 | €13,567 | €7,346 | -€6,221 | -45.9% |
| Other amounts payable | 47/48 | €36,365 | €38,946 | +€2,582 | +7.1% |
| Accrued charges and deferred income | 492/3 | €1,564 | €1,514 | -€50 | -3.2% |
| Non-recurring operating income | 76A | €16,500 | - | -€16,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,432 | €84,994 | +€12,562 | +17.3% |
| Other operating charges | 640/8 | €2,019 | €2,146 | +€127 | +6.3% |
| Non-recurring operating charges | 66A | - | €2,389 | +€2,389 | |
| Gross operating margin | 9900 | €221,761 | €164,550 | -€57,211 | -25.8% |
| Operating profit (loss) | 9901 | €147,311 | €75,021 | -€72,290 | -49.1% |
| Financial income | 75/76B | €6 | €1 | -€5 | -84.3% |
| Recurring financial income | 75 | €6 | €1 | -€5 | -84.3% |
| Financial charges | 65/66B | €1,895 | €1,717 | -€178 | -9.4% |
| Recurring financial charges | 65 | €1,895 | €1,717 | -€178 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €145,422 | €73,305 | -€72,118 | -49.6% |
| Income taxes | 67/77 | €36,827 | €20,621 | -€16,206 | -44.0% |
| Profit (loss) for the period | 9904 | €108,595 | €52,683 | -€55,912 | -51.5% |
| Transfer to tax-exempt reserves | 689 | €8,000 | - | -€8,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €100,595 | €52,683 | -€47,912 | -47.6% |
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 19 October 2026 via checked.be.