NICRIMMO: what changed
Two fiscal 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.
NICRIMMO
Largest movements
- Tangible fixed assets -€49,451
down €49,451 (-9.5%), from €518,274 to €468,823
- Cash -€34,422
down €34,422 (-12.4%), from €277,314 to €242,892
mainly Net result for the year (-€65,482) and Investment in fixed assets (net) (-€27,149)
- Receivables within one year +€12,583
up €12,583 (+33.8%), from €37,229 to €49,812
of which Trade receivables: +€12,583
- Profit (loss) carried forward -€65,482
down €65,482 (-38.7%), from €169,252 to €103,770
- Gross operating margin -€10,193
down €10,193 (-18.5%), from €55,229 to €45,036
- Depreciation -€1,363
down €1,363 (-1.7%), from €77,963 to €76,600
- Other operating charges -€857
down €857 (-2.5%), from €34,751 to €33,894
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 | €941,754 | €870,748 | -€71,006 | -7.5% |
| Fixed assets | 21/28 | €518,654 | €469,203 | -€49,451 | -9.5% |
| Tangible fixed assets | 22/27 | €518,274 | €468,823 | -€49,451 | -9.5% |
| Land and buildings | 22 | €518,274 | €468,823 | -€49,451 | -9.5% |
| Financial fixed assets | 28 | €380 | €380 | = | 0.0% |
| Current assets | 29/58 | €423,100 | €401,545 | -€21,555 | -5.1% |
| Amounts receivable within one year | 40/41 | €37,229 | €49,812 | +€12,583 | +33.8% |
| Trade receivables | 40 | €32,229 | €44,812 | +€12,583 | +39.0% |
| Other amounts receivable | 41 | €5,000 | €5,000 | = | 0.0% |
| Current investments | 50/53 | €106,830 | €107,377 | +€547 | +0.5% |
| Cash at bank and in hand | 54/58 | €277,314 | €242,892 | -€34,422 | -12.4% |
| Deferred charges and accrued income | 490/1 | €1,727 | €1,463 | -€264 | -15.3% |
| Total equity and liabilities | 10/49 | €941,754 | €870,748 | -€71,006 | -7.5% |
| Equity | 10/15 | €915,898 | €850,416 | -€65,482 | -7.1% |
| Contributions | 10/11 | €727,568 | €727,568 | = | 0.0% |
| Capital | 10 | €727,568 | €727,568 | = | 0.0% |
| Issued capital | 100 | €727,568 | €727,568 | = | 0.0% |
| Reserves | 13 | €19,079 | €19,079 | = | 0.0% |
| Non-distributable reserves | 130/1 | €19,079 | €19,079 | = | 0.0% |
| Legal reserve | 130 | €19,079 | €19,079 | = | 0.0% |
| Profit (loss) carried forward | 14 | €169,252 | €103,770 | -€65,482 | -38.7% |
| Amounts payable | 17/49 | €25,856 | €20,332 | -€5,524 | -21.4% |
| Amounts payable within one year | 42/48 | €25,126 | €19,132 | -€5,994 | -23.9% |
| Trade debts | 44 | €5,012 | €4,815 | -€198 | -3.9% |
| Suppliers | 440/4 | €5,012 | €4,815 | -€198 | -3.9% |
| Taxes, remuneration and social security | 45 | €2,066 | €1,949 | -€117 | -5.7% |
| Taxes | 450/3 | €2,066 | €1,949 | -€117 | -5.7% |
| Other amounts payable | 47/48 | €18,048 | €12,369 | -€5,679 | -31.5% |
| Accrued charges and deferred income | 492/3 | €730 | €1,200 | +€470 | +64.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,963 | €76,600 | -€1,363 | -1.7% |
| Other operating charges | 640/8 | €34,751 | €33,894 | -€857 | -2.5% |
| Non-recurring operating charges | 66A | €73,738 | - | -€73,738 | |
| Gross operating margin | 9900 | €55,229 | €45,036 | -€10,193 | -18.5% |
| Operating profit (loss) | 9901 | -€131,223 | -€65,459 | +€65,765 | +50.1% |
| Financial income | 75/76B | €250 | €560 | +€311 | +124.3% |
| Recurring financial income | 75 | €250 | €560 | +€311 | +124.3% |
| Financial charges | 65/66B | €312 | €584 | +€272 | +87.1% |
| Recurring financial charges | 65 | €312 | €584 | +€272 | +87.1% |
| Profit (loss) for the period before taxes | 9903 | -€131,286 | -€65,482 | +€65,804 | +50.1% |
| Income taxes | 67/77 | €132 | - | -€132 | |
| Profit (loss) for the period | 9904 | -€131,417 | -€65,482 | +€65,935 | +50.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€131,417 | -€65,482 | +€65,935 | +50.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.