NICOLAS GREEN ZONE: what changed
NICOLAS GREEN ZONE
Largest movements
- Receivables within one year +€63,386
up €63,386 (+1,248%), from €5,079 to €68,465
of which Other amounts receivable: +€49,699
- Tangible fixed assets -€25,315
down €25,315 (-88.4%), from €28,625 to €3,310
of which Plant, machinery and equipment: -€16,817
- Intangible fixed assets -€6,000
down €6,000 (-22.2%), from €27,000 to €21,000
- Current investments +€1,859
new in 2025: €1,859
- Profit (loss) carried forward +€37,796
up €37,796 (+102%), from €37,054 to €74,850
- Short-term financial debts +€5,327
new in 2025: €5,327
- Accrued charges and deferred income -€3,288
no longer reported in 2025 (was €3,288)
- Other debts -€3,024
no longer reported in 2025 (was €3,024)
- Contributions -€2,500
no longer reported in 2025 (was €2,500)
- Turnover -€90,817
down €90,817 (-33.9%), from €268,028 to €177,211
- Purchases and services -€78,931
down €78,931 (-39.5%), from €199,896 to €120,966
- Gross operating margin -€11,885
down €11,885 (-17.4%), from €68,131 to €56,245
- Depreciation +€2,830
up €2,830 (+16.3%), from €17,312 to €20,142
Change in the result, 2023 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
A cash bridge needs two consecutive financial years. One year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,704 | €94,634 | +€33,930 | +55.9% |
| Fixed assets | 21/28 | €55,625 | €24,310 | -€31,315 | -56.3% |
| Intangible fixed assets | 21 | €27,000 | €21,000 | -€6,000 | -22.2% |
| Tangible fixed assets | 22/27 | €28,625 | €3,310 | -€25,315 | -88.4% |
| Plant, machinery and equipment | 23 | €16,817 | €0 | -€16,817 | -100% |
| Furniture and vehicles | 24 | €11,808 | €2,830 | -€8,978 | -76.0% |
| Other tangible fixed assets | 26 | - | €480 | +€480 | |
| Current assets | 29/58 | €5,079 | €70,324 | +€65,245 | +1,285% |
| Amounts receivable within one year | 40/41 | €5,079 | €68,465 | +€63,386 | +1,248% |
| Trade receivables | 40 | €5,079 | €18,767 | +€13,688 | +269% |
| Other amounts receivable | 41 | - | €49,699 | +€49,699 | |
| Current investments | 50/53 | - | €1,859 | +€1,859 | |
| Total equity and liabilities | 10/49 | €60,704 | €94,634 | +€33,930 | +55.9% |
| Equity | 10/15 | €39,554 | €77,350 | +€37,796 | +95.6% |
| Contributions | 10/11 | €2,500 | - | -€2,500 | |
| Reserves | 13 | - | €2,500 | +€2,500 | |
| Distributable reserves | 133 | - | €2,500 | +€2,500 | |
| Profit (loss) carried forward | 14 | €37,054 | €74,850 | +€37,796 | +102% |
| Amounts payable | 17/49 | €21,150 | €17,284 | -€3,865 | -18.3% |
| Amounts payable within one year | 42/48 | €17,861 | €17,284 | -€577 | -3.2% |
| Financial debts | 43 | - | €5,327 | +€5,327 | |
| Credit institutions | 430/8 | - | €5,327 | +€5,327 | |
| Trade debts | 44 | €980 | - | -€980 | |
| Suppliers | 440/4 | €980 | - | -€980 | |
| Taxes, remuneration and social security | 45 | €13,857 | €11,958 | -€1,899 | -13.7% |
| Taxes | 450/3 | €13,857 | €11,958 | -€1,899 | -13.7% |
| Other amounts payable | 47/48 | €3,024 | - | -€3,024 | |
| Accrued charges and deferred income | 492/3 | €3,288 | - | -€3,288 | |
| Turnover | 70 | €268,028 | €177,211 | -€90,817 | -33.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €199,896 | €120,966 | -€78,931 | -39.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,312 | €20,142 | +€2,830 | +16.3% |
| Other operating charges | 640/8 | €1,505 | €384 | -€1,122 | -74.5% |
| Gross operating margin | 9900 | €68,131 | €56,245 | -€11,885 | -17.4% |
| Operating profit (loss) | 9901 | €49,313 | €35,719 | -€13,594 | -27.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €689 | €659 | -€30 | -4.4% |
| Recurring financial charges | 65 | €689 | €659 | -€30 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €48,624 | €35,060 | -€13,564 | -27.9% |
| Income taxes | 67/77 | €11,570 | €10,150 | -€1,420 | -12.3% |
| Profit (loss) for the period | 9904 | €37,054 | €24,910 | -€12,144 | -32.8% |
| Profit (loss) for the period to be appropriated | 9905 | €37,054 | €24,910 | -€12,144 | -32.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.