NICOLETTE: 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.
What changed
NICOLETTE
NACE 01.480, Raising of other animals
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€57,988
2024 · €47,081+€10,908
Equity
€2.0m
2024 · €2.0m-€42,012
Cash
€77,657
2024 · €96,067-€18,410
Balance sheet total
€2.1m
2024 · €2.1m+€24,690
Largest movements
Assets
- Current investments +€127,000
up €127,000 (+33.6%), from €378,000 to €505,000
- Tangible fixed assets -€103,387
down €103,387 (-6.5%), from €1.6m to €1.5m
of which Land and buildings: -€91,328
Equity and liabilities
- Other debts +€68,743
up €68,743 (+220%), from €31,257 to €100,000
- Profit (loss) carried forward -€42,012
down €42,012 (-2.2%), from €1.9m to €1.9m
Income statement
- Financial income +€9,768
up €9,768 (+218%), from €4,489 to €14,257
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.
Result 2024
€47,081
Gross operating margin
+€1,570
Depreciation
-€401
Other operating charges
-€41
Financial income
+€9,768
Financial charges
-€0
Taxes
+€12
Result 2025
€57,988
raises the resultlowers the result
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.
From operations
+€208,590
Investment
-€127,000
Financing
-€100,000
Cash 2024
€96,067
From operations (derived)
+€208,590
Net result for the year
+€57,988
Depreciation
+€103,387
Receivables after one year
-€7,000
Receivables within one year
-€8,478
Deferred charges and accrued income
-€4,009
Trade debts
-€2,606
Tax, wage and social debts
+€566
Other debts
+€68,743
Investment (derived)
-€127,000
Current investments
-€127,000
Financing
-€100,000
Contributions, distributions and other
-€100,000
Cash 2025
€77,657
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,081,902 | €2,106,592 | +€24,690 | +1.2% |
| Fixed assets | 21/28 | €1,588,090 | €1,484,704 | -€103,387 | -6.5% |
| Tangible fixed assets | 22/27 | €1,587,815 | €1,484,429 | -€103,387 | -6.5% |
| Land and buildings | 22 | €1,568,894 | €1,477,565 | -€91,328 | -5.8% |
| Plant, machinery and equipment | 23 | €2,904 | €2,278 | -€626 | -21.5% |
| Furniture and vehicles | 24 | €16,018 | €4,585 | -€11,433 | -71.4% |
| Financial fixed assets | 28 | €275 | €275 | = | 0.0% |
| Current assets | 29/58 | €493,812 | €621,889 | +€128,077 | +25.9% |
| Amounts receivable after more than one year | 29 | - | €7,000 | +€7,000 | |
| Trade receivables | 290 | - | €7,000 | +€7,000 | |
| Amounts receivable within one year | 40/41 | €15,583 | €24,061 | +€8,478 | +54.4% |
| Trade receivables | 40 | €14,393 | €14,110 | -€283 | -2.0% |
| Other amounts receivable | 41 | €1,190 | €9,952 | +€8,761 | +736% |
| Current investments | 50/53 | €378,000 | €505,000 | +€127,000 | +33.6% |
| Cash at bank and in hand | 54/58 | €96,067 | €77,657 | -€18,410 | -19.2% |
| Deferred charges and accrued income | 490/1 | €4,162 | €8,171 | +€4,009 | +96.3% |
| Total equity and liabilities | 10/49 | €2,081,902 | €2,106,592 | +€24,690 | +1.2% |
| Equity | 10/15 | €2,043,746 | €2,001,734 | -€42,012 | -2.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €75,000 | €75,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €75,000 | €75,000 | = | 0.0% |
| Legal reserve | 130 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,907,246 | €1,865,234 | -€42,012 | -2.2% |
| Amounts payable | 17/49 | €38,157 | €104,858 | +€66,702 | +175% |
| Amounts payable within one year | 42/48 | €38,157 | €104,858 | +€66,702 | +175% |
| Trade debts | 44 | €4,839 | €2,232 | -€2,606 | -53.9% |
| Suppliers | 440/4 | €4,839 | €2,232 | -€2,606 | -53.9% |
| Taxes, remuneration and social security | 45 | €2,061 | €2,626 | +€566 | +27.4% |
| Taxes | 450/3 | €2,061 | €2,626 | +€566 | +27.4% |
| Other amounts payable | 47/48 | €31,257 | €100,000 | +€68,743 | +220% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €102,985 | €103,387 | +€401 | +0.4% |
| Other operating charges | 640/8 | €18,358 | €18,399 | +€41 | +0.2% |
| Gross operating margin | 9900 | €164,131 | €165,701 | +€1,570 | +1.0% |
| Operating profit (loss) | 9901 | €42,787 | €43,915 | +€1,128 | +2.6% |
| Financial income | 75/76B | €4,489 | €14,257 | +€9,768 | +218% |
| Recurring financial income | 75 | €4,489 | €14,257 | +€9,768 | +218% |
| Financial charges | 65/66B | €39 | €39 | +€0 | +0.5% |
| Recurring financial charges | 65 | €39 | €39 | +€0 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €47,237 | €58,133 | +€10,896 | +23.1% |
| Income taxes | 67/77 | €157 | €145 | -€12 | -7.4% |
| Profit (loss) for the period | 9904 | €47,081 | €57,988 | +€10,908 | +23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €47,081 | €57,988 | +€10,908 | +23.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.