NICO DRINK: 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.
NICO DRINK
Largest movements
- Tangible fixed assets +€35,767
up €35,767 (+433%), from €8,254 to €44,021
- Cash -€28,824
down €28,824 (-70.5%), from €40,913 to €12,089
mainly Investment in fixed assets (net) (-€41,582) and Other debts (-€20,073)
- Receivables within one year -€12,171
down €12,171 (-24.1%), from €50,404 to €38,234
of which Trade receivables: -€14,120
- Debts after one year +€28,000
new in 2025: €28,000
- Other debts -€20,073
down €20,073 (-65.2%), from €30,771 to €10,698
- Trade debts -€13,161
down €13,161 (-57.1%), from €23,034 to €9,872
- Current portion of long-term debt +€5,761
up €5,761 (+40.4%), from €14,251 to €20,012
- Profit (loss) carried forward -€5,094
down €5,094 (-42.8%), from €11,900 to €6,806
- Write-downs -€15,845
no longer reported in 2025 (was €15,845)
- Staff costs +€14,304
up €14,304 (+40.5%), from €35,354 to €49,658
- Gross operating margin +€8,681
up €8,681 (+13.0%), from €67,031 to €75,712
- Other operating charges +€6,489
up €6,489 (+333%), from €1,946 to €8,435
- Depreciation -€2,310
down €2,310 (-28.4%), from €8,125 to €5,814
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 | €99,631 | €94,404 | -€5,227 | -5.2% |
| Fixed assets | 21/28 | €8,314 | €44,081 | +€35,767 | +430% |
| Tangible fixed assets | 22/27 | €8,254 | €44,021 | +€35,767 | +433% |
| Leasing and similar rights | 25 | €8,254 | €44,021 | +€35,767 | +433% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €91,317 | €50,323 | -€40,994 | -44.9% |
| Amounts receivable within one year | 40/41 | €50,404 | €38,234 | -€12,171 | -24.1% |
| Trade receivables | 40 | €38,948 | €24,828 | -€14,120 | -36.3% |
| Other amounts receivable | 41 | €11,456 | €13,405 | +€1,949 | +17.0% |
| Cash at bank and in hand | 54/58 | €40,913 | €12,089 | -€28,824 | -70.5% |
| Total equity and liabilities | 10/49 | €99,631 | €94,404 | -€5,227 | -5.2% |
| Equity | 10/15 | €13,900 | €8,806 | -€5,094 | -36.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,900 | €6,806 | -€5,094 | -42.8% |
| Amounts payable | 17/49 | €85,731 | €85,598 | -€133 | -0.2% |
| Amounts payable after more than one year | 17 | - | €28,000 | +€28,000 | |
| Financial debts | 170/4 | - | €28,000 | +€28,000 | |
| Amounts payable within one year | 42/48 | €85,731 | €57,598 | -€28,133 | -32.8% |
| Current portion of amounts payable after more than one year | 42 | €14,251 | €20,012 | +€5,761 | +40.4% |
| Trade debts | 44 | €23,034 | €9,872 | -€13,161 | -57.1% |
| Suppliers | 440/4 | €23,034 | €9,872 | -€13,161 | -57.1% |
| Taxes, remuneration and social security | 45 | €17,676 | €17,016 | -€660 | -3.7% |
| Taxes | 450/3 | €10,313 | €8,983 | -€1,330 | -12.9% |
| Remuneration and social security | 454/9 | €7,363 | €8,033 | +€670 | +9.1% |
| Other amounts payable | 47/48 | €30,771 | €10,698 | -€20,073 | -65.2% |
| Remuneration, social security and pensions | 62 | €35,354 | €49,658 | +€14,304 | +40.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,125 | €5,814 | -€2,310 | -28.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,845 | - | -€15,845 | |
| Other operating charges | 640/8 | €1,946 | €8,435 | +€6,489 | +333% |
| Gross operating margin | 9900 | €67,031 | €75,712 | +€8,681 | +13.0% |
| Operating profit (loss) | 9901 | €5,762 | €11,805 | +€6,043 | +105% |
| Financial charges | 65/66B | €180 | €899 | +€719 | +400% |
| Recurring financial charges | 65 | €180 | €899 | +€719 | +400% |
| Profit (loss) for the period before taxes | 9903 | €5,582 | €10,906 | +€5,325 | +95.4% |
| Income taxes | 67/77 | €4,544 | €4,000 | -€544 | -12.0% |
| Profit (loss) for the period | 9904 | €1,038 | €6,906 | +€5,868 | +565% |
| Profit (loss) for the period to be appropriated | 9905 | €1,038 | €6,906 | +€5,868 | +565% |
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 25 October 2026 via checked.be.