NICWASH-SERVICES: 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.
NICWASH-SERVICES
Largest movements
- Tangible fixed assets +€35,109
up €35,109 (+15.2%), from €230,519 to €265,629
of which Furniture and vehicles: +€45,526
- Debts after one year +€29,573
up €29,573 (+148%), from €19,957 to €49,530
- Trade debts +€13,587
up €13,587 (+90.1%), from €15,080 to €28,667
- Other debts -€12,316
down €12,316 (-3.1%), from €393,484 to €381,168
- Current portion of long-term debt +€9,388
up €9,388 (+149%), from €6,296 to €15,684
- Profit (loss) carried forward -€4,374
down €4,374 (-2.0%), from -€218,396 to -€222,769
- Financial income -€85,911
down €85,911 (-96.1%), from €89,424 to €3,513
of which Non-recurring financial income: -€85,917
- Other operating charges +€5,024
up €5,024 (+39.6%), from €12,678 to €17,702
- Gross operating margin +€4,395
up €4,395 (+16.5%), from €26,570 to €30,965
- Financial charges -€3,669
down €3,669 (-42.7%), from €8,594 to €4,925
- Depreciation +€357
up €357 (+2.3%), from €15,864 to €16,221
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €238,341 | €275,548 | +€37,207 | +15.6% |
| Fixed assets | 21/28 | €230,519 | €265,629 | +€35,109 | +15.2% |
| Tangible fixed assets | 22/27 | €230,519 | €265,629 | +€35,109 | +15.2% |
| Land and buildings | 22 | €173,958 | €173,747 | -€211 | -0.1% |
| Plant, machinery and equipment | 23 | €53,132 | €41,324 | -€11,808 | -22.2% |
| Furniture and vehicles | 24 | €3,430 | €48,956 | +€45,526 | +1,327% |
| Other tangible fixed assets | 26 | - | €1,602 | +€1,602 | |
| Current assets | 29/58 | €7,822 | €9,919 | +€2,097 | +26.8% |
| Amounts receivable within one year | 40/41 | €5,486 | €6,718 | +€1,232 | +22.5% |
| Trade receivables | 40 | €25 | €983 | +€958 | +3,830% |
| Other amounts receivable | 41 | €5,461 | €5,735 | +€274 | +5.0% |
| Cash at bank and in hand | 54/58 | €168 | €58 | -€110 | -65.6% |
| Deferred charges and accrued income | 490/1 | €2,168 | €3,144 | +€976 | +45.0% |
| Total equity and liabilities | 10/49 | €238,341 | €275,548 | +€37,207 | +15.6% |
| Equity | 10/15 | -€198,396 | -€202,769 | -€4,374 | -2.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€218,396 | -€222,769 | -€4,374 | -2.0% |
| Amounts payable | 17/49 | €436,737 | €478,317 | +€41,580 | +9.5% |
| Amounts payable after more than one year | 17 | €19,957 | €49,530 | +€29,573 | +148% |
| Financial debts | 170/4 | €19,957 | €49,530 | +€29,573 | +148% |
| Amounts payable within one year | 42/48 | €416,780 | €428,788 | +€12,008 | +2.9% |
| Current portion of amounts payable after more than one year | 42 | €6,296 | €15,684 | +€9,388 | +149% |
| Financial debts | 43 | - | €3,269 | +€3,269 | |
| Credit institutions | 430/8 | - | €3,269 | +€3,269 | |
| Trade debts | 44 | €15,080 | €28,667 | +€13,587 | +90.1% |
| Suppliers | 440/4 | €15,080 | €28,667 | +€13,587 | +90.1% |
| Taxes, remuneration and social security | 45 | €1,921 | - | -€1,921 | |
| Taxes | 450/3 | €1,921 | - | -€1,921 | |
| Other amounts payable | 47/48 | €393,484 | €381,168 | -€12,316 | -3.1% |
| Remuneration, social security and pensions | 62 | €49 | €3 | -€46 | -94.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,864 | €16,221 | +€357 | +2.3% |
| Other operating charges | 640/8 | €12,678 | €17,702 | +€5,024 | +39.6% |
| Non-recurring operating charges | 66A | €180 | - | -€180 | |
| Gross operating margin | 9900 | €26,570 | €30,965 | +€4,395 | +16.5% |
| Operating profit (loss) | 9901 | -€2,202 | -€2,962 | -€760 | -34.5% |
| Financial income | 75/76B | €89,424 | €3,513 | -€85,911 | -96.1% |
| Recurring financial income | 75 | €31 | €37 | +€5 | +17.7% |
| Non-recurring financial income | 76B | €89,393 | €3,477 | -€85,917 | -96.1% |
| Financial charges | 65/66B | €8,594 | €4,925 | -€3,669 | -42.7% |
| Recurring financial charges | 65 | €8,594 | €4,925 | -€3,669 | -42.7% |
| Profit (loss) for the period before taxes | 9903 | €78,628 | -€4,374 | -€83,002 | |
| Income taxes | 67/77 | €0 | €0 | +€0 | +35.0% |
| Profit (loss) for the period | 9904 | €78,628 | -€4,374 | -€83,002 | |
| Profit (loss) for the period to be appropriated | 9905 | €78,628 | -€4,374 | -€83,002 |
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 29 October 2026 via checked.be.