NICOLAS HANDLING: 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.
NICOLAS HANDLING
Largest movements
- Cash -€26,139
down €26,139 (-47.6%), from €54,966 to €28,827
mainly Net result for the year (-€13,617) and Other debts (-€10,565)
- Profit (loss) carried forward -€13,617
down €13,617 (-50.5%), from -€26,981 to -€40,599
- Other debts -€10,565
down €10,565 (-43.5%), from €24,271 to €13,706
- Gross operating margin +€8,808
up €8,808 (+36.4%), from -€24,228 to -€15,420
- Financial income +€2,038
up €2,038 (+333%), from €613 to €2,651
of which Non-recurring financial income: +€2,150
- Other operating charges -€605
down €605 (-52.1%), from €1,161 to €556
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 | €170,624 | €144,517 | -€26,107 | -15.3% |
| Fixed assets | 21/28 | €112,473 | €112,473 | = | 0.0% |
| Tangible fixed assets | 22/27 | €112,473 | €112,473 | = | 0.0% |
| Land and buildings | 22 | €30,000 | €30,000 | = | 0.0% |
| Furniture and vehicles | 24 | €82,473 | €82,473 | = | 0.0% |
| Current assets | 29/58 | €58,151 | €32,044 | -€26,107 | -44.9% |
| Amounts receivable within one year | 40/41 | €1,608 | €2,674 | +€1,066 | +66.3% |
| Other amounts receivable | 41 | €1,608 | €2,674 | +€1,066 | +66.3% |
| Cash at bank and in hand | 54/58 | €54,966 | €28,827 | -€26,139 | -47.6% |
| Deferred charges and accrued income | 490/1 | €1,578 | €543 | -€1,035 | -65.6% |
| Total equity and liabilities | 10/49 | €170,624 | €144,517 | -€26,107 | -15.3% |
| Equity | 10/15 | €143,086 | €129,469 | -€13,617 | -9.5% |
| Contributions | 10/11 | €6,800 | €6,800 | = | 0.0% |
| Reserves | 13 | €163,267 | €163,267 | = | 0.0% |
| Distributable reserves | 133 | €163,267 | €163,267 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,981 | -€40,599 | -€13,617 | -50.5% |
| Amounts payable | 17/49 | €27,538 | €15,048 | -€12,490 | -45.4% |
| Amounts payable within one year | 42/48 | €27,538 | €15,048 | -€12,490 | -45.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €2,625 | €1,298 | -€1,327 | -50.6% |
| Suppliers | 440/4 | €2,625 | €1,298 | -€1,327 | -50.6% |
| Taxes, remuneration and social security | 45 | €642 | €44 | -€598 | -93.2% |
| Taxes | 450/3 | €642 | €44 | -€598 | -93.2% |
| Other amounts payable | 47/48 | €24,271 | €13,706 | -€10,565 | -43.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €1,161 | €556 | -€605 | -52.1% |
| Gross operating margin | 9900 | -€24,228 | -€15,420 | +€8,808 | +36.4% |
| Operating profit (loss) | 9901 | -€25,389 | -€15,976 | +€9,413 | +37.1% |
| Financial income | 75/76B | €613 | €2,651 | +€2,038 | +333% |
| Recurring financial income | 75 | €613 | €501 | -€112 | -18.2% |
| Non-recurring financial income | 76B | €0 | €2,150 | +€2,150 | |
| Financial charges | 65/66B | €136 | €293 | +€156 | +115% |
| Recurring financial charges | 65 | €136 | €293 | +€156 | +115% |
| Profit (loss) for the period before taxes | 9903 | -€24,912 | -€13,617 | +€11,295 | +45.3% |
| Income taxes | 67/77 | €183 | €0 | -€183 | -100% |
| Profit (loss) for the period | 9904 | -€25,096 | -€13,617 | +€11,478 | +45.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,096 | -€13,617 | +€11,478 | +45.7% |
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 23 October 2026 via checked.be.