NICO'S BUILT SOLUTIONS: 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'S BUILT SOLUTIONS
Largest movements
- Receivables within one year +€69,926
up €69,926 (+122%), from €57,493 to €127,420
of which Trade receivables: +€55,281
- Tangible fixed assets +€52,340
up €52,340 (+586%), from €8,928 to €61,268
of which Furniture and vehicles: +€53,391
- Cash -€25,555
down €25,555 (-43.0%), from €59,461 to €33,906
mainly Receivables within one year (-€69,926) and Investment in fixed assets (net) (-€62,101)
- Reserves +€79,799
up €79,799 (+69.2%), from €115,350 to €195,148
- Trade debts +€15,982
up €15,982 (+394%), from €4,056 to €20,038
- Tax, wage and social debts +€2,455
up €2,455 (+71.5%), from €3,433 to €5,888
- Gross operating margin +€47,440
up €47,440 (+73.0%), from €65,028 to €112,467
- Taxes +€9,214
up €9,214 (+71.5%), from €12,886 to €22,100
- Depreciation +€6,736
up €6,736 (+223%), from €3,025 to €9,761
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 | €126,864 | €223,676 | +€96,811 | +76.3% |
| Fixed assets | 21/28 | €8,928 | €61,268 | +€52,340 | +586% |
| Tangible fixed assets | 22/27 | €8,928 | €61,268 | +€52,340 | +586% |
| Plant, machinery and equipment | 23 | €3,928 | €2,877 | -€1,051 | -26.8% |
| Furniture and vehicles | 24 | €5,000 | €58,391 | +€53,391 | +1,068% |
| Current assets | 29/58 | €117,936 | €162,408 | +€44,471 | +37.7% |
| Amounts receivable within one year | 40/41 | €57,493 | €127,420 | +€69,926 | +122% |
| Trade receivables | 40 | €20,502 | €75,783 | +€55,281 | +270% |
| Other amounts receivable | 41 | €36,991 | €51,637 | +€14,646 | +39.6% |
| Cash at bank and in hand | 54/58 | €59,461 | €33,906 | -€25,555 | -43.0% |
| Deferred charges and accrued income | 490/1 | €982 | €1,082 | +€100 | +10.2% |
| Total equity and liabilities | 10/49 | €126,864 | €223,676 | +€96,811 | +76.3% |
| Equity | 10/15 | €116,350 | €196,148 | +€79,799 | +68.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €115,350 | €195,148 | +€79,799 | +69.2% |
| Distributable reserves | 133 | €115,350 | €195,148 | +€79,799 | +69.2% |
| Amounts payable | 17/49 | €10,515 | €27,527 | +€17,012 | +162% |
| Amounts payable within one year | 42/48 | €10,515 | €27,527 | +€17,012 | +162% |
| Trade debts | 44 | €4,056 | €20,038 | +€15,982 | +394% |
| Suppliers | 440/4 | €4,056 | €20,038 | +€15,982 | +394% |
| Taxes, remuneration and social security | 45 | €3,433 | €5,888 | +€2,455 | +71.5% |
| Taxes | 450/3 | €3,433 | €5,888 | +€2,455 | +71.5% |
| Other amounts payable | 47/48 | €3,025 | €1,601 | -€1,425 | -47.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,025 | €9,761 | +€6,736 | +223% |
| Other operating charges | 640/8 | €941 | €1,267 | +€327 | +34.7% |
| Gross operating margin | 9900 | €65,028 | €112,467 | +€47,440 | +73.0% |
| Operating profit (loss) | 9901 | €61,062 | €101,439 | +€40,377 | +66.1% |
| Financial income | 75/76B | €883 | €1,471 | +€588 | +66.6% |
| Recurring financial income | 75 | €883 | €1,471 | +€588 | +66.6% |
| Financial charges | 65/66B | €1,550 | €1,011 | -€539 | -34.8% |
| Recurring financial charges | 65 | €1,550 | €1,011 | -€539 | -34.8% |
| Profit (loss) for the period before taxes | 9903 | €60,394 | €101,899 | +€41,505 | +68.7% |
| Income taxes | 67/77 | €12,886 | €22,100 | +€9,214 | +71.5% |
| Profit (loss) for the period | 9904 | €47,508 | €79,799 | +€32,291 | +68.0% |
| Profit (loss) for the period to be appropriated | 9905 | €47,508 | €79,799 | +€32,291 | +68.0% |
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 24 October 2026 via checked.be.