NIKA: 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.
NIKA
Largest movements
- Receivables within one year +€26,160
up €26,160 (+29.2%), from €89,718 to €115,877
of which Other amounts receivable: +€21,516
- Reserves +€21,966
up €21,966 (+11.7%), from €188,191 to €210,156
- Financial income -€61,315
down €61,315 (-97.0%), from €63,206 to €1,891
- Taxes -€5,557
down €5,557 (-32.6%), from €17,044 to €11,486
- Gross operating margin -€1,621
down €1,621 (-4.5%), from €35,830 to €34,210
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 | €381,738 | €408,766 | +€27,028 | +7.1% |
| Fixed assets | 21/28 | €217,095 | €217,868 | +€773 | +0.4% |
| Tangible fixed assets | 22/27 | €2,720 | €3,493 | +€773 | +28.4% |
| Land and buildings | 22 | €1,285 | €1,087 | -€198 | -15.4% |
| Plant, machinery and equipment | 23 | €495 | €42 | -€453 | -91.5% |
| Furniture and vehicles | 24 | €940 | €2,363 | +€1,424 | +151% |
| Financial fixed assets | 28 | €214,375 | €214,375 | = | 0.0% |
| Current assets | 29/58 | €164,642 | €190,898 | +€26,256 | +15.9% |
| Amounts receivable within one year | 40/41 | €89,718 | €115,877 | +€26,160 | +29.2% |
| Trade receivables | 40 | - | €4,644 | +€4,644 | |
| Other amounts receivable | 41 | €89,718 | €111,233 | +€21,516 | +24.0% |
| Cash at bank and in hand | 54/58 | €73,817 | €74,597 | +€780 | +1.1% |
| Deferred charges and accrued income | 490/1 | €1,108 | €423 | -€684 | -61.8% |
| Total equity and liabilities | 10/49 | €381,738 | €408,766 | +€27,028 | +7.1% |
| Equity | 10/15 | €375,610 | €397,575 | +€21,966 | +5.8% |
| Contributions | 10/11 | €187,419 | €187,419 | = | 0.0% |
| Reserves | 13 | €188,191 | €210,156 | +€21,966 | +11.7% |
| Distributable reserves | 133 | €188,191 | €210,156 | +€21,966 | +11.7% |
| Amounts payable | 17/49 | €6,128 | €11,191 | +€5,063 | +82.6% |
| Amounts payable within one year | 42/48 | €6,118 | €11,191 | +€5,073 | +82.9% |
| Trade debts | 44 | €2,248 | €6,155 | +€3,907 | +174% |
| Suppliers | 440/4 | €2,248 | €6,155 | +€3,907 | +174% |
| Taxes, remuneration and social security | 45 | €3,870 | €5,036 | +€1,166 | +30.1% |
| Taxes | 450/3 | €897 | €2,034 | +€1,138 | +127% |
| Remuneration and social security | 454/9 | €2,973 | €3,002 | +€28 | +1.0% |
| Accrued charges and deferred income | 492/3 | €10 | - | -€10 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €831 | €1,140 | +€309 | +37.2% |
| Other operating charges | 640/8 | €988 | €768 | -€220 | -22.3% |
| Non-recurring operating charges | 66A | €887 | - | -€887 | |
| Gross operating margin | 9900 | €35,830 | €34,210 | -€1,621 | -4.5% |
| Operating profit (loss) | 9901 | €33,124 | €32,302 | -€823 | -2.5% |
| Financial income | 75/76B | €63,206 | €1,891 | -€61,315 | -97.0% |
| Recurring financial income | 75 | €63,206 | €1,891 | -€61,315 | -97.0% |
| Financial charges | 65/66B | €1,057 | €741 | -€316 | -29.9% |
| Recurring financial charges | 65 | €1,057 | €741 | -€316 | -29.9% |
| Profit (loss) for the period before taxes | 9903 | €95,274 | €33,452 | -€61,822 | -64.9% |
| Income taxes | 67/77 | €17,044 | €11,486 | -€5,557 | -32.6% |
| Profit (loss) for the period | 9904 | €78,230 | €21,966 | -€56,265 | -71.9% |
| Profit (loss) for the period to be appropriated | 9905 | €78,230 | €21,966 | -€56,265 | -71.9% |
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 27 October 2026 via checked.be.