NiConcepts: 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.
NiConcepts
Largest movements
- Cash -€18,521
down €18,521 (-27.9%), from €66,436 to €47,915
mainly Other debts (-€25,836) and Tax, wage and social debts (-€12,312)
- Receivables within one year -€12,109
down €12,109 (-30.4%), from €39,782 to €27,673
- Deferred charges and accrued income +€2,350
up €2,350 (+108.2%), from €2,173 to €4,523
- Other debts -€25,836
down €25,836 (-55.5%), from €46,525 to €20,688
- Tax, wage and social debts -€12,312
down €12,312 (-65.3%), from €18,862 to €6,550
- Reserves +€6,000
up €6,000 (+13.0%), from €46,000 to €52,000
- Trade debts +€2,065
up €2,065 (+42.4%), from €4,875 to €6,939
- Gross operating margin -€41,504
down €41,504 (-48.5%), from €85,512 to €44,008
- Turnover -€40,167
down €40,167 (-22.4%), from €179,643 to €139,476
- Taxes -€11,759
down €11,759 (-48.6%), from €24,197 to €12,438
- Depreciation +€3,241
up €3,241 (+38.1%), from €8,500 to €11,741
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 | €129,925 | €100,934 | -€28,991 | -22.3% |
| Fixed assets | 21/28 | €21,534 | €20,823 | -€710 | -3.3% |
| Tangible fixed assets | 22/27 | €21,534 | €20,823 | -€710 | -3.3% |
| Plant, machinery and equipment | 23 | €21,357 | €20,725 | -€632 | -3.0% |
| Other tangible fixed assets | 26 | €176 | €98 | -€78 | -44.2% |
| Current assets | 29/58 | €108,391 | €80,110 | -€28,280 | -26.1% |
| Amounts receivable within one year | 40/41 | €39,782 | €27,673 | -€12,109 | -30.4% |
| Trade receivables | 40 | €39,782 | €27,673 | -€12,109 | -30.4% |
| Cash at bank and in hand | 54/58 | €66,436 | €47,915 | -€18,521 | -27.9% |
| Deferred charges and accrued income | 490/1 | €2,173 | €4,523 | +€2,350 | +108.2% |
| Total equity and liabilities | 10/49 | €129,925 | €100,934 | -€28,991 | -22.3% |
| Equity | 10/15 | €55,663 | €62,756 | +€7,093 | +12.7% |
| Contributions | 10/11 | €8,200 | €8,200 | = | 0.0% |
| Reserves | 13 | €46,000 | €52,000 | +€6,000 | +13.0% |
| Distributable reserves | 133 | €46,000 | €52,000 | +€6,000 | +13.0% |
| Profit (loss) carried forward | 14 | €1,463 | €2,556 | +€1,093 | +74.7% |
| Amounts payable | 17/49 | €74,261 | €38,177 | -€36,084 | -48.6% |
| Amounts payable within one year | 42/48 | €74,261 | €38,177 | -€36,084 | -48.6% |
| Financial debts | 43 | €4,000 | €4,000 | = | 0.0% |
| Credit institutions | 430/8 | €4,000 | €4,000 | = | 0.0% |
| Trade debts | 44 | €4,875 | €6,939 | +€2,065 | +42.4% |
| Suppliers | 440/4 | €4,875 | €6,939 | +€2,065 | +42.4% |
| Taxes, remuneration and social security | 45 | €18,862 | €6,550 | -€12,312 | -65.3% |
| Taxes | 450/3 | €18,862 | €6,550 | -€12,312 | -65.3% |
| Other amounts payable | 47/48 | €46,525 | €20,688 | -€25,836 | -55.5% |
| Turnover | 70 | €179,643 | €139,476 | -€40,167 | -22.4% |
| Non-recurring operating income | 76A | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €94,347 | €95,684 | +€1,337 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,500 | €11,741 | +€3,241 | +38.1% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €85,512 | €44,008 | -€41,504 | -48.5% |
| Operating profit (loss) | 9901 | €76,507 | €31,747 | -€44,759 | -58.5% |
| Financial income | 75/76B | €219 | €286 | +€67 | +30.8% |
| Recurring financial income | 75 | €219 | €286 | +€67 | +30.8% |
| Financial charges | 65/66B | €271 | €503 | +€232 | +85.5% |
| Recurring financial charges | 65 | €271 | €503 | +€232 | +85.5% |
| Profit (loss) for the period before taxes | 9903 | €76,455 | €31,531 | -€44,924 | -58.8% |
| Income taxes | 67/77 | €24,197 | €12,438 | -€11,759 | -48.6% |
| Profit (loss) for the period | 9904 | €52,258 | €19,093 | -€33,165 | -63.5% |
| Profit (loss) for the period to be appropriated | 9905 | €52,258 | €19,093 | -€33,165 | -63.5% |
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 12 October 2026 via checked.be.