NICOMAXA: 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.
NICOMAXA
Largest movements
- Receivables within one year +€34,750
up €34,750 (+71.7%), from €48,463 to €83,213
of which Other amounts receivable: +€32,150
- Cash -€11,334
down €11,334 (-78.8%), from €14,378 to €3,044
mainly Receivables within one year (-€34,750) and Trade debts (-€3,535)
- Stocks and contracts -€7,106
down €7,106 (-34.7%), from €20,490 to €13,384
- Other debts +€7,623
up €7,623 (+43.4%), from €17,553 to €25,176
- Profit (loss) carried forward +€5,180
up €5,180 (+89.0%), from €5,823 to €11,003
- Accrued charges and deferred income +€4,800
new in 2025: €4,800
- Trade debts -€3,535
down €3,535 (-9.6%), from €36,793 to €33,258
- Tax, wage and social debts +€2,242
up €2,242 (+47.9%), from €4,677 to €6,919
- Other operating charges +€5,467
up €5,467 (+77.7%), from €7,033 to €12,500
- Gross operating margin -€4,638
down €4,638 (-19.0%), from €24,473 to €19,835
- Taxes -€2,454
down €2,454 (-52.5%), from €4,677 to €2,223
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 | €83,446 | €99,756 | +€16,310 | +19.5% |
| Fixed assets | 21/28 | €115 | €115 | = | 0.0% |
| Financial fixed assets | 28 | €115 | €115 | = | 0.0% |
| Current assets | 29/58 | €83,331 | €99,641 | +€16,310 | +19.6% |
| Stocks and contracts in progress | 3 | €20,490 | €13,384 | -€7,106 | -34.7% |
| Stocks | 30/36 | €20,490 | €13,384 | -€7,106 | -34.7% |
| Amounts receivable within one year | 40/41 | €48,463 | €83,213 | +€34,750 | +71.7% |
| Trade receivables | 40 | - | €2,600 | +€2,600 | |
| Other amounts receivable | 41 | €48,463 | €80,613 | +€32,150 | +66.3% |
| Cash at bank and in hand | 54/58 | €14,378 | €3,044 | -€11,334 | -78.8% |
| Total equity and liabilities | 10/49 | €83,446 | €99,756 | +€16,310 | +19.5% |
| Equity | 10/15 | €24,423 | €29,603 | +€5,180 | +21.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,823 | €11,003 | +€5,180 | +89.0% |
| Amounts payable | 17/49 | €59,023 | €70,153 | +€11,130 | +18.9% |
| Amounts payable within one year | 42/48 | €59,023 | €65,353 | +€6,330 | +10.7% |
| Trade debts | 44 | €36,793 | €33,258 | -€3,535 | -9.6% |
| Suppliers | 440/4 | €36,793 | €33,258 | -€3,535 | -9.6% |
| Taxes, remuneration and social security | 45 | €4,677 | €6,919 | +€2,242 | +47.9% |
| Taxes | 450/3 | €4,677 | €6,919 | +€2,242 | +47.9% |
| Other amounts payable | 47/48 | €17,553 | €25,176 | +€7,623 | +43.4% |
| Accrued charges and deferred income | 492/3 | - | €4,800 | +€4,800 | |
| Other operating charges | 640/8 | €7,033 | €12,500 | +€5,467 | +77.7% |
| Gross operating margin | 9900 | €24,473 | €19,835 | -€4,638 | -19.0% |
| Operating profit (loss) | 9901 | €17,440 | €7,335 | -€10,105 | -57.9% |
| Financial income | 75/76B | - | €100 | +€100 | |
| Recurring financial income | 75 | - | €100 | +€100 | |
| Financial charges | 65/66B | - | €32 | +€32 | |
| Recurring financial charges | 65 | - | €32 | +€32 | |
| Profit (loss) for the period before taxes | 9903 | €17,440 | €7,403 | -€10,037 | -57.6% |
| Income taxes | 67/77 | €4,677 | €2,223 | -€2,454 | -52.5% |
| Profit (loss) for the period | 9904 | €12,763 | €5,180 | -€7,583 | -59.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,763 | €5,180 | -€7,583 | -59.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.