NICOLAS SIX HOLDING: what changed
What changed
NICOLAS SIX HOLDING
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€91,859
2024 · €322,563-€230,704
Equity
€981,571
2024 · €889,712+€91,859
Cash
€97,411
2024 · €51,178+€46,234
Balance sheet total
€3.6m
2024 · €3.6m+€5,227
Largest movements
Assets
- Cash +€46,234
up €46,234 (+90.3%), from €51,178 to €97,411
mainly Other debts (+€217,956) and Depreciation (+€120,199)
Equity and liabilities
- Current portion of long-term debt -€283,995
down €283,995 (-68.3%), from €416,018 to €132,023
- Other debts +€217,956
up €217,956 (+3,985%), from €5,470 to €223,426
- Profit (loss) carried forward +€91,859
up €91,859 (+10.6%), from €869,252 to €961,111
Income statement
- Gross operating margin -€273,565
down €273,565 (-41.1%), from €665,053 to €391,488
- Taxes -€81,882
down €81,882 (-76.7%), from €106,688 to €24,807
- Depreciation -€25,998
down €25,998 (-17.8%), from €146,197 to €120,199
- Financial charges +€20,071
up €20,071 (+28.7%), from €69,880 to €89,950
Change in the result, 2024 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.
Result 2024
€322,563
Gross operating margin
-€273,565
Depreciation
+€25,998
Other operating charges
-€2,771
Other operating items
-€42,178
Financial income
-€0
Financial charges
-€20,071
Taxes
+€81,882
Result 2025
€91,859
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€463,872
Investment
-€98,917
Financing
-€318,721
Cash 2024
€51,178
From operations (derived)
+€463,872
Net result for the year
+€91,859
Depreciation
+€120,199
Receivables within one year
+€19,927
Deferred charges and accrued income
-€202
Trade debts
+€2,618
Tax, wage and social debts
+€14,781
Other debts
+€217,956
Accrued charges and deferred income
-€3,267
Investment (derived)
-€98,917
Investment in fixed assets (net)
-€98,917
Financing
-€318,721
Debts after one year
-€34,726
Current portion of long-term debt
-€283,995
Cash 2025
€97,411
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,635,463 | €3,640,690 | +€5,227 | +0.1% |
| Fixed assets | 21/28 | €3,500,425 | €3,479,143 | -€21,281 | -0.6% |
| Tangible fixed assets | 22/27 | €3,495,154 | €3,478,972 | -€16,181 | -0.5% |
| Land and buildings | 22 | €3,454,277 | €3,447,034 | -€7,243 | -0.2% |
| Plant, machinery and equipment | 23 | €24,773 | €18,183 | -€6,591 | -26.6% |
| Furniture and vehicles | 24 | €9,162 | €842 | -€8,320 | -90.8% |
| Other tangible fixed assets | 26 | €6,941 | €12,913 | +€5,972 | +86.0% |
| Financial fixed assets | 28 | €5,271 | €171 | -€5,100 | -96.8% |
| Current assets | 29/58 | €135,038 | €161,547 | +€26,508 | +19.6% |
| Amounts receivable within one year | 40/41 | €46,328 | €26,401 | -€19,927 | -43.0% |
| Trade receivables | 40 | €46,328 | €26,401 | -€19,927 | -43.0% |
| Current investments | 50/53 | €30,000 | €30,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €51,178 | €97,411 | +€46,234 | +90.3% |
| Deferred charges and accrued income | 490/1 | €7,533 | €7,735 | +€202 | +2.7% |
| Total equity and liabilities | 10/49 | €3,635,463 | €3,640,690 | +€5,227 | +0.1% |
| Equity | 10/15 | €889,712 | €981,571 | +€91,859 | +10.3% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €869,252 | €961,111 | +€91,859 | +10.6% |
| Amounts payable | 17/49 | €2,745,751 | €2,659,119 | -€86,632 | -3.2% |
| Amounts payable after more than one year | 17 | €2,228,452 | €2,193,726 | -€34,726 | -1.6% |
| Financial debts | 170/4 | €2,228,452 | €2,193,726 | -€34,726 | -1.6% |
| Amounts payable within one year | 42/48 | €499,147 | €450,508 | -€48,639 | -9.7% |
| Current portion of amounts payable after more than one year | 42 | €416,018 | €132,023 | -€283,995 | -68.3% |
| Financial debts | 43 | €27,000 | €27,000 | = | 0.0% |
| Other loans | 439 | €27,000 | €27,000 | = | 0.0% |
| Trade debts | 44 | €6,350 | €8,968 | +€2,618 | +41.2% |
| Suppliers | 440/4 | €6,350 | €8,968 | +€2,618 | +41.2% |
| Taxes, remuneration and social security | 45 | €44,309 | €59,091 | +€14,781 | +33.4% |
| Taxes | 450/3 | €41,639 | €56,278 | +€14,639 | +35.2% |
| Remuneration and social security | 454/9 | €2,670 | €2,813 | +€143 | +5.3% |
| Other amounts payable | 47/48 | €5,470 | €223,426 | +€217,956 | +3,985% |
| Accrued charges and deferred income | 492/3 | €18,152 | €14,885 | -€3,267 | -18.0% |
| Non-recurring operating income | 76A | - | €7,584 | +€7,584 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €146,197 | €120,199 | -€25,998 | -17.8% |
| Other operating charges | 640/8 | €19,724 | €22,495 | +€2,771 | +14.0% |
| Non-recurring operating charges | 66A | - | €42,178 | +€42,178 | |
| Gross operating margin | 9900 | €665,053 | €391,488 | -€273,565 | -41.1% |
| Operating profit (loss) | 9901 | €499,131 | €206,616 | -€292,516 | -58.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €69,880 | €89,950 | +€20,071 | +28.7% |
| Recurring financial charges | 65 | €69,880 | €89,950 | +€20,071 | +28.7% |
| Profit (loss) for the period before taxes | 9903 | €429,252 | €116,665 | -€312,586 | -72.8% |
| Income taxes | 67/77 | €106,688 | €24,807 | -€81,882 | -76.7% |
| Profit (loss) for the period | 9904 | €322,563 | €91,859 | -€230,704 | -71.5% |
| Profit (loss) for the period to be appropriated | 9905 | €322,563 | €91,859 | -€230,704 | -71.5% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.