NICO PACK CONSULT: 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 PACK CONSULT
Largest movements
- Cash +€43,577
up €43,577 (+1,631%), from €2,672 to €46,249
mainly Other debts (+€53,953) and Net result for the year (+€46,734)
- Tangible fixed assets +€15,300
up €15,300 (+150%), from €10,169 to €25,469
of which Furniture and vehicles: +€15,648
- Receivables within one year -€7,689
down €7,689 (-47.5%), from €16,189 to €8,500
of which Other amounts receivable: -€4,689
- Other debts +€53,953
up €53,953 (+113%), from €47,683 to €101,637
- Debts after one year -€35,944
down €35,944 (-25.8%), from €139,325 to €103,380
of which Financial debts: -€31,109
- Profit (loss) carried forward +€16,734
up €16,734 (+88.7%), from €18,867 to €35,601
- Reserves +€10,000
up €10,000 (+19.6%), from €51,000 to €61,000
- Tax, wage and social debts +€5,574
up €5,574 (+148%), from €3,768 to €9,342
of which Taxes: +€5,574
- Gross operating margin +€7,326
up €7,326 (+10.4%), from €70,476 to €77,802
- Depreciation +€3,405
up €3,405 (+140%), from €2,438 to €5,843
- Taxes +€2,611
up €2,611 (+15.3%), from €17,052 to €19,663
- Financial charges -€829
down €829 (-15.4%), from €5,395 to €4,567
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 | €319,395 | €370,826 | +€51,431 | +16.1% |
| Fixed assets | 21/28 | €300,239 | €315,539 | +€15,300 | +5.1% |
| Tangible fixed assets | 22/27 | €10,169 | €25,469 | +€15,300 | +150% |
| Land and buildings | 22 | €4,900 | €4,717 | -€183 | -3.7% |
| Furniture and vehicles | 24 | €4,213 | €19,862 | +€15,648 | +371% |
| Other tangible fixed assets | 26 | €1,055 | €890 | -€165 | -15.7% |
| Financial fixed assets | 28 | €290,070 | €290,070 | = | 0.0% |
| Current assets | 29/58 | €19,156 | €55,288 | +€36,131 | +189% |
| Amounts receivable within one year | 40/41 | €16,189 | €8,500 | -€7,689 | -47.5% |
| Trade receivables | 40 | €11,500 | €8,500 | -€3,000 | -26.1% |
| Other amounts receivable | 41 | €4,689 | €0 | -€4,689 | -100% |
| Cash at bank and in hand | 54/58 | €2,672 | €46,249 | +€43,577 | +1,631% |
| Deferred charges and accrued income | 490/1 | €296 | €539 | +€243 | +82.1% |
| Total equity and liabilities | 10/49 | €319,395 | €370,826 | +€51,431 | +16.1% |
| Equity | 10/15 | €88,467 | €115,201 | +€26,734 | +30.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €51,000 | €61,000 | +€10,000 | +19.6% |
| Distributable reserves | 133 | €51,000 | €61,000 | +€10,000 | +19.6% |
| Profit (loss) carried forward | 14 | €18,867 | €35,601 | +€16,734 | +88.7% |
| Amounts payable | 17/49 | €230,928 | €255,625 | +€24,697 | +10.7% |
| Amounts payable after more than one year | 17 | €139,325 | €103,380 | -€35,944 | -25.8% |
| Financial debts | 170/4 | €104,674 | €73,565 | -€31,109 | -29.7% |
| Other amounts payable | 178/9 | €34,651 | €29,816 | -€4,835 | -14.0% |
| Amounts payable within one year | 42/48 | €91,604 | €152,245 | +€60,641 | +66.2% |
| Current portion of amounts payable after more than one year | 42 | €30,279 | €31,109 | +€830 | +2.7% |
| Financial debts | 43 | €7,009 | €8,854 | +€1,845 | +26.3% |
| Credit institutions | 430/8 | €6,577 | €8,803 | +€2,227 | +33.9% |
| Other loans | 439 | €432 | €51 | -€382 | -88.3% |
| Trade debts | 44 | €2,864 | €1,303 | -€1,560 | -54.5% |
| Suppliers | 440/4 | €2,864 | €1,303 | -€1,560 | -54.5% |
| Taxes, remuneration and social security | 45 | €3,768 | €9,342 | +€5,574 | +148% |
| Taxes | 450/3 | €3,768 | €9,342 | +€5,574 | +148% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €47,683 | €101,637 | +€53,953 | +113% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,438 | €5,843 | +€3,405 | +140% |
| Other operating charges | 640/8 | €1,772 | €1,059 | -€714 | -40.3% |
| Gross operating margin | 9900 | €70,476 | €77,802 | +€7,326 | +10.4% |
| Operating profit (loss) | 9901 | €66,266 | €70,901 | +€4,635 | +7.0% |
| Financial income | 75/76B | - | €63 | +€63 | |
| Recurring financial income | 75 | - | €63 | +€63 | |
| Financial charges | 65/66B | €5,395 | €4,567 | -€829 | -15.4% |
| Recurring financial charges | 65 | €5,395 | €4,567 | -€829 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €60,870 | €66,396 | +€5,526 | +9.1% |
| Income taxes | 67/77 | €17,052 | €19,663 | +€2,611 | +15.3% |
| Profit (loss) for the period | 9904 | €43,818 | €46,734 | +€2,915 | +6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €43,818 | €46,734 | +€2,915 | +6.7% |
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 20 October 2026 via checked.be.