NICOTEC4: 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.
NICOTEC4
Largest movements
- Cash +€5,960
up €5,960 (+150%), from €3,979 to €9,939
mainly Net result for the year (+€5,846) and Tax, wage and social debts (+€3,799)
- Receivables within one year +€3,385
up €3,385 (+34.3%), from €9,875 to €13,260
of which Other amounts receivable: +€3,922
- Stocks and contracts +€862
new in 2023: €862
- Tangible fixed assets -€833
down €833 (-36.7%), from €2,269 to €1,436
- Profit (loss) carried forward +€5,846
up €5,846 (+65.4%), from €8,939 to €14,785
- Tax, wage and social debts +€3,799
up €3,799 (+379%), from €1,003 to €4,802
of which Taxes: +€4,802
- Gross operating margin -€2,784
down €2,784 (-22.1%), from €12,610 to €9,826
- Taxes -€1,226
down €1,226 (-40.7%), from €3,009 to €1,783
- Staff costs +€649
new in 2023: €649
- Depreciation +€603
up €603 (+261%), from €231 to €833
- Other operating charges +€268
up €268 (+64.9%), from €412 to €680
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,390 | €25,699 | +€9,309 | +56.8% |
| Fixed assets | 21/28 | €2,269 | €1,436 | -€833 | -36.7% |
| Tangible fixed assets | 22/27 | €2,269 | €1,436 | -€833 | -36.7% |
| Furniture and vehicles | 24 | €2,269 | €1,436 | -€833 | -36.7% |
| Current assets | 29/58 | €14,121 | €24,263 | +€10,143 | +71.8% |
| Stocks and contracts in progress | 3 | - | €862 | +€862 | |
| Stocks | 30/36 | - | €862 | +€862 | |
| Amounts receivable within one year | 40/41 | €9,875 | €13,260 | +€3,385 | +34.3% |
| Trade receivables | 40 | €9,347 | €8,810 | -€537 | -5.7% |
| Other amounts receivable | 41 | €529 | €4,451 | +€3,922 | +742% |
| Cash at bank and in hand | 54/58 | €3,979 | €9,939 | +€5,960 | +150% |
| Deferred charges and accrued income | 490/1 | €266 | €202 | -€64 | -24.1% |
| Total equity and liabilities | 10/49 | €16,390 | €25,699 | +€9,309 | +56.8% |
| Equity | 10/15 | €10,439 | €16,285 | +€5,846 | +56.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,939 | €14,785 | +€5,846 | +65.4% |
| Amounts payable | 17/49 | €5,951 | €9,414 | +€3,463 | +58.2% |
| Amounts payable within one year | 42/48 | €5,842 | €9,414 | +€3,572 | +61.1% |
| Trade debts | 44 | €4,287 | €4,056 | -€231 | -5.4% |
| Suppliers | 440/4 | €4,287 | €4,056 | -€231 | -5.4% |
| Taxes, remuneration and social security | 45 | €1,003 | €4,802 | +€3,799 | +379% |
| Taxes | 450/3 | - | €4,802 | +€4,802 | |
| Remuneration and social security | 454/9 | €1,003 | - | -€1,003 | |
| Other amounts payable | 47/48 | €552 | €556 | +€4 | +0.7% |
| Accrued charges and deferred income | 492/3 | €109 | - | -€109 | |
| Remuneration, social security and pensions | 62 | - | €649 | +€649 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €231 | €833 | +€603 | +261% |
| Other operating charges | 640/8 | €412 | €680 | +€268 | +64.9% |
| Gross operating margin | 9900 | €12,610 | €9,826 | -€2,784 | -22.1% |
| Operating profit (loss) | 9901 | €11,968 | €7,665 | -€4,303 | -36.0% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €20 | €38 | +€19 | +94.9% |
| Recurring financial charges | 65 | €20 | €38 | +€19 | +94.9% |
| Profit (loss) for the period before taxes | 9903 | €11,948 | €7,629 | -€4,319 | -36.1% |
| Income taxes | 67/77 | €3,009 | €1,783 | -€1,226 | -40.7% |
| Profit (loss) for the period | 9904 | €8,939 | €5,846 | -€3,093 | -34.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,939 | €5,846 | -€3,093 | -34.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.