NICO TOURS: 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 TOURS
Largest movements
- Receivables within one year -€130,069
down €130,069 (-48.7%), from €267,022 to €136,953
of which Other amounts receivable: -€131,411
- Cash +€22,613
up €22,613 (+32.9%), from €68,752 to €91,364
mainly Depreciation (+€141,218) and Receivables within one year (+€130,069)
- Deferred charges and accrued income -€11,678
no longer reported in 2025 (was €11,678)
- Other debts -€159,125
down €159,125 (-63.8%), from €249,505 to €90,380
- Trade debts +€127,437
up €127,437 (+67.7%), from €188,334 to €315,771
- Debts after one year -€98,552
down €98,552 (-39.2%), from €251,613 to €153,062
- Current portion of long-term debt -€82,727
down €82,727 (-46.6%), from €177,403 to €94,677
- Profit (loss) carried forward +€57,183
up €57,183, from -€30,566 to €26,616
- Gross operating margin +€205,860
up €205,860 (+75.4%), from €272,877 to €478,737
- Staff costs +€54,173
up €54,173 (+26.0%), from €207,978 to €262,150
- Depreciation +€11,421
up €11,421 (+8.8%), from €129,797 to €141,218
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 | €950,513 | €833,925 | -€116,588 | -12.3% |
| Fixed assets | 21/28 | €603,062 | €605,608 | +€2,547 | +0.4% |
| Tangible fixed assets | 22/27 | €596,649 | €599,196 | +€2,547 | +0.4% |
| Land and buildings | 22 | €1,779 | €7,321 | +€5,542 | +312% |
| Plant, machinery and equipment | 23 | €14,412 | €13,591 | -€821 | -5.7% |
| Furniture and vehicles | 24 | €580,459 | €578,284 | -€2,175 | -0.4% |
| Financial fixed assets | 28 | €6,413 | €6,413 | = | 0.0% |
| Current assets | 29/58 | €347,452 | €228,317 | -€119,135 | -34.3% |
| Amounts receivable within one year | 40/41 | €267,022 | €136,953 | -€130,069 | -48.7% |
| Trade receivables | 40 | €92,551 | €93,893 | +€1,343 | +1.5% |
| Other amounts receivable | 41 | €174,471 | €43,060 | -€131,411 | -75.3% |
| Cash at bank and in hand | 54/58 | €68,752 | €91,364 | +€22,613 | +32.9% |
| Deferred charges and accrued income | 490/1 | €11,678 | - | -€11,678 | |
| Total equity and liabilities | 10/49 | €950,513 | €833,925 | -€116,588 | -12.3% |
| Equity | 10/15 | €6,834 | €64,016 | +€57,183 | +837% |
| Contributions | 10/11 | €37,400 | €37,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,566 | €26,616 | +€57,183 | |
| Amounts payable | 17/49 | €943,680 | €769,909 | -€173,771 | -18.4% |
| Amounts payable after more than one year | 17 | €251,613 | €153,062 | -€98,552 | -39.2% |
| Financial debts | 170/4 | €251,613 | €153,062 | -€98,552 | -39.2% |
| Amounts payable within one year | 42/48 | €692,066 | €616,847 | -€75,219 | -10.9% |
| Current portion of amounts payable after more than one year | 42 | €177,403 | €94,677 | -€82,727 | -46.6% |
| Trade debts | 44 | €188,334 | €315,771 | +€127,437 | +67.7% |
| Suppliers | 440/4 | €188,334 | €315,771 | +€127,437 | +67.7% |
| Taxes, remuneration and social security | 45 | €76,824 | €116,020 | +€39,196 | +51.0% |
| Taxes | 450/3 | €54,243 | €23,584 | -€30,659 | -56.5% |
| Remuneration and social security | 454/9 | €22,582 | €92,436 | +€69,855 | +309% |
| Other amounts payable | 47/48 | €249,505 | €90,380 | -€159,125 | -63.8% |
| Remuneration, social security and pensions | 62 | €207,978 | €262,150 | +€54,173 | +26.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €129,797 | €141,218 | +€11,421 | +8.8% |
| Other operating charges | 640/8 | €1,678 | €567 | -€1,111 | -66.2% |
| Gross operating margin | 9900 | €272,877 | €478,737 | +€205,860 | +75.4% |
| Operating profit (loss) | 9901 | -€66,576 | €74,801 | +€141,377 | |
| Financial income | 75/76B | €107 | €187 | +€80 | +74.2% |
| Recurring financial income | 75 | €107 | €187 | +€80 | +74.2% |
| Financial charges | 65/66B | €14,469 | €17,805 | +€3,336 | +23.1% |
| Recurring financial charges | 65 | €14,469 | €17,805 | +€3,336 | +23.1% |
| Profit (loss) for the period before taxes | 9903 | -€80,938 | €57,183 | +€138,121 | |
| Profit (loss) for the period | 9904 | -€80,938 | €57,183 | +€138,121 | |
| Profit (loss) for the period to be appropriated | 9905 | -€80,938 | €57,183 | +€138,121 |
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.