NIK DE CORTE: 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.
NIK DE CORTE
Largest movements
- Cash +€532,470
up €532,470 (+429.3%), from €124,032 to €656,502
mainly Current investments (+€493,062) and Net result for the year (+€154,946)
- Current investments -€493,062
down €493,062 (-81.4%), from €605,462 to €112,399
- Receivables within one year +€32,906
up €32,906 (+117.4%), from €28,030 to €60,936
of which Trade receivables: +€25,526
- Reserves +€154,087
up €154,087 (+24.0%), from €643,284 to €797,371
- Other debts -€98,022
down €98,022 (-99.1%), from €98,881 to €859
- Gross operating margin -€26,797
down €26,797 (-11.1%), from €240,466 to €213,669
- Financial income +€10,479
up €10,479 (+65.3%), from €16,056 to €26,535
- Taxes -€6,134
down €6,134 (-8.3%), from €73,657 to €67,523
- Financial charges +€3,674
up €3,674, from -€858 to €2,816
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 | €783,234 | €847,186 | +€63,952 | +8.2% |
| Fixed assets | 21/28 | €22,299 | €16,324 | -€5,975 | -26.8% |
| Tangible fixed assets | 22/27 | €20,199 | €14,764 | -€5,435 | -26.9% |
| Furniture and vehicles | 24 | €13,353 | €5,257 | -€8,096 | -60.6% |
| Other tangible fixed assets | 26 | €6,846 | €9,508 | +€2,661 | +38.9% |
| Financial fixed assets | 28 | €2,100 | €1,560 | -€540 | -25.7% |
| Current assets | 29/58 | €760,935 | €830,861 | +€69,926 | +9.2% |
| Amounts receivable within one year | 40/41 | €28,030 | €60,936 | +€32,906 | +117.4% |
| Trade receivables | 40 | €28,030 | €53,555 | +€25,526 | +91.1% |
| Other amounts receivable | 41 | €0 | €7,380 | +€7,380 | |
| Current investments | 50/53 | €605,462 | €112,399 | -€493,062 | -81.4% |
| Cash at bank and in hand | 54/58 | €124,032 | €656,502 | +€532,470 | +429.3% |
| Deferred charges and accrued income | 490/1 | €3,411 | €1,024 | -€2,388 | -70.0% |
| Total equity and liabilities | 10/49 | €783,234 | €847,186 | +€63,952 | +8.2% |
| Equity | 10/15 | €655,684 | €809,771 | +€154,087 | +23.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €643,284 | €797,371 | +€154,087 | +24.0% |
| Distributable reserves | 133 | €643,284 | €797,371 | +€154,087 | +24.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €127,550 | €37,414 | -€90,136 | -70.7% |
| Amounts payable within one year | 42/48 | €127,162 | €35,367 | -€91,795 | -72.2% |
| Trade debts | 44 | €3,044 | €7,511 | +€4,467 | +146.7% |
| Suppliers | 440/4 | €3,044 | €7,511 | +€4,467 | +146.7% |
| Taxes, remuneration and social security | 45 | €25,237 | €26,997 | +€1,760 | +7.0% |
| Taxes | 450/3 | €25,237 | €26,997 | +€1,760 | +7.0% |
| Other amounts payable | 47/48 | €98,881 | €859 | -€98,022 | -99.1% |
| Accrued charges and deferred income | 492/3 | €387 | €2,047 | +€1,660 | +428.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,423 | €14,398 | -€1,025 | -6.6% |
| Other operating charges | 640/8 | €737 | €520 | -€217 | -29.5% |
| Gross operating margin | 9900 | €240,466 | €213,669 | -€26,797 | -11.1% |
| Operating profit (loss) | 9901 | €224,306 | €198,751 | -€25,555 | -11.4% |
| Financial income | 75/76B | €16,056 | €26,535 | +€10,479 | +65.3% |
| Recurring financial income | 75 | €16,056 | €26,535 | +€10,479 | +65.3% |
| Financial charges | 65/66B | -€858 | €2,816 | +€3,674 | |
| Recurring financial charges | 65 | -€858 | €2,816 | +€3,674 | |
| Profit (loss) for the period before taxes | 9903 | €241,220 | €222,470 | -€18,751 | -7.8% |
| Income taxes | 67/77 | €73,657 | €67,523 | -€6,134 | -8.3% |
| Profit (loss) for the period | 9904 | €167,563 | €154,946 | -€12,617 | -7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €167,563 | €154,946 | -€12,617 | -7.5% |
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.