NICOBERT: what changed
Two fiscal 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.
NICOBERT
Largest movements
- Tangible fixed assets -€10,776
down €10,776 (-3.2%), from €339,453 to €328,677
- Receivables within one year -€8,300
down €8,300 (-11.2%), from €74,257 to €65,957
of which Other amounts receivable: -€8,300
- Current portion of long-term debt -€10,011
down €10,011 (-100.0%), from €10,011 to €0
- Other debts -€9,168
down €9,168 (-13.7%), from €67,020 to €57,851
- Taxes -€35,433
down €35,433 (-99.5%), from €35,606 to €174
- Gross operating margin -€3,400
down €3,400 (-17.1%), from €19,902 to €16,502
- Financial charges -€907
down €907 (-66.0%), from €1,374 to €467
- Other operating charges +€338
up €338 (+7.6%), from €4,419 to €4,756
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.
Cash bridge derived
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 | €415,193 | €398,733 | -€16,461 | -4.0% |
| Fixed assets | 21/28 | €339,583 | €328,807 | -€10,776 | -3.2% |
| Tangible fixed assets | 22/27 | €339,453 | €328,677 | -€10,776 | -3.2% |
| Land and buildings | 22 | €339,453 | €328,677 | -€10,776 | -3.2% |
| Financial fixed assets | 28 | €130 | €130 | = | 0.0% |
| Current assets | 29/58 | €75,611 | €69,926 | -€5,685 | -7.5% |
| Amounts receivable within one year | 40/41 | €74,257 | €65,957 | -€8,300 | -11.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €74,257 | €65,957 | -€8,300 | -11.2% |
| Cash at bank and in hand | 54/58 | €1,081 | €3,597 | +€2,516 | +232.9% |
| Deferred charges and accrued income | 490/1 | €274 | €372 | +€99 | +36.1% |
| Total equity and liabilities | 10/49 | €415,193 | €398,733 | -€16,461 | -4.0% |
| Equity | 10/15 | €296,346 | €296,675 | +€329 | +0.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €228,146 | €228,475 | +€329 | +0.1% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €118,847 | €102,057 | -€16,790 | -14.1% |
| Amounts payable after more than one year | 17 | €0 | €2,850 | +€2,850 | |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | - | €2,850 | +€2,850 | |
| Amounts payable within one year | 42/48 | €118,847 | €99,207 | -€19,640 | -16.5% |
| Current portion of amounts payable after more than one year | 42 | €10,011 | €0 | -€10,011 | -100.0% |
| Trade debts | 44 | €5,589 | €5,576 | -€13 | -0.2% |
| Suppliers | 440/4 | €5,589 | €5,576 | -€13 | -0.2% |
| Taxes, remuneration and social security | 45 | €36,227 | €35,780 | -€447 | -1.2% |
| Taxes | 450/3 | €36,227 | €35,780 | -€447 | -1.2% |
| Other amounts payable | 47/48 | €67,020 | €57,851 | -€9,168 | -13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,776 | €10,776 | = | 0.0% |
| Other operating charges | 640/8 | €4,419 | €4,756 | +€338 | +7.6% |
| Gross operating margin | 9900 | €19,902 | €16,502 | -€3,400 | -17.1% |
| Operating profit (loss) | 9901 | €4,707 | €970 | -€3,737 | -79.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,374 | €467 | -€907 | -66.0% |
| Recurring financial charges | 65 | €1,374 | €467 | -€907 | -66.0% |
| Profit (loss) for the period before taxes | 9903 | €3,333 | €503 | -€2,830 | -84.9% |
| Transfer from deferred taxes | 780 | €37,690 | €0 | -€37,690 | -100.0% |
| Income taxes | 67/77 | €35,606 | €174 | -€35,433 | -99.5% |
| Profit (loss) for the period | 9904 | €5,417 | €329 | -€5,088 | -93.9% |
| Transfer from tax-exempt reserves | 789 | €89,642 | €0 | -€89,642 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €95,059 | €329 | -€94,730 | -99.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.