NiKaHO: 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.
NiKaHO
Largest movements
- Cash +€18,847
up €18,847 (+18.5%), from €102,126 to €120,974
mainly Other debts (+€100,000) and Net result for the year (+€25,614)
- Receivables within one year +€4,036
up €4,036 (+116.9%), from €3,454 to €7,490
of which Other amounts receivable: +€4,036
- Other debts +€100,000
up €100,000, from €0 to €100,000
- Profit (loss) carried forward -€74,386
down €74,386 (-57.6%), from €129,172 to €54,786
- Tax, wage and social debts -€3,051
down €3,051 (-13.0%), from €23,511 to €20,460
- Gross operating margin -€59,268
down €59,268 (-64.0%), from €92,558 to €33,290
- Taxes -€11,247
down €11,247 (-60.5%), from €18,604 to €7,357
- Financial income +€1,622
up €1,622 (+731.0%), from €222 to €1,844
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 | €156,187 | €178,862 | +€22,675 | +14.5% |
| Formation expenses | 20 | €607 | €398 | -€208 | -34.4% |
| Current assets | 29/58 | €155,580 | €178,464 | +€22,884 | +14.7% |
| Amounts receivable within one year | 40/41 | €3,454 | €7,490 | +€4,036 | +116.9% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €3,454 | €7,490 | +€4,036 | +116.9% |
| Current investments | 50/53 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €102,126 | €120,974 | +€18,847 | +18.5% |
| Total equity and liabilities | 10/49 | €156,187 | €178,862 | +€22,675 | +14.5% |
| Equity | 10/15 | €132,172 | €57,786 | -€74,386 | -56.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €129,172 | €54,786 | -€74,386 | -57.6% |
| Amounts payable | 17/49 | €24,015 | €121,076 | +€97,061 | +404.2% |
| Amounts payable within one year | 42/48 | €24,015 | €121,051 | +€97,036 | +404.1% |
| Trade debts | 44 | €504 | €591 | +€87 | +17.3% |
| Suppliers | 440/4 | €504 | €591 | +€87 | +17.3% |
| Taxes, remuneration and social security | 45 | €23,511 | €20,460 | -€3,051 | -13.0% |
| Taxes | 450/3 | €23,511 | €20,460 | -€3,051 | -13.0% |
| Other amounts payable | 47/48 | €0 | €100,000 | +€100,000 | |
| Accrued charges and deferred income | 492/3 | - | €25 | +€25 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €208 | €208 | = | 0.0% |
| Other operating charges | 640/8 | €374 | €411 | +€37 | +9.8% |
| Gross operating margin | 9900 | €92,558 | €33,290 | -€59,268 | -64.0% |
| Operating profit (loss) | 9901 | €91,975 | €32,671 | -€59,304 | -64.5% |
| Financial income | 75/76B | €222 | €1,844 | +€1,622 | +731.0% |
| Recurring financial income | 75 | €222 | €1,844 | +€1,622 | +731.0% |
| Financial charges | 65/66B | €1,854 | €1,544 | -€310 | -16.7% |
| Recurring financial charges | 65 | €1,854 | €1,544 | -€310 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €90,344 | €32,971 | -€57,373 | -63.5% |
| Income taxes | 67/77 | €18,604 | €7,357 | -€11,247 | -60.5% |
| Profit (loss) for the period | 9904 | €71,740 | €25,614 | -€46,126 | -64.3% |
| Profit (loss) for the period to be appropriated | 9905 | €71,740 | €25,614 | -€46,126 | -64.3% |
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.