NIKARIA: what changed
What changed
NIKARIA
NACE 70.100, Activities of head offices
filed annual accounts (NBB)
Net result for the year
€534,331
2025 · €2.0m-€1.5m
Equity
€4.9m
2025 · €4.3m+€534,331
Cash
€66,938
2025 · €368,196-€301,258
Balance sheet total
€6.6m
2025 · €6.8m-€210,537
Largest movements
Assets
- Cash -€301,258
down €301,258 (-81.8%), from €368,196 to €66,938
mainly Debts after one year (-€867,702) and Receivables within one year (-€89,881)
- Receivables within one year +€89,881
up €89,881 (+119%), from €75,431 to €165,312
of which Trade receivables: +€88,450
Equity and liabilities
- Debts after one year -€867,702
down €867,702 (-42.4%), from €2.0m to €1.2m
- Reserves +€534,331
up €534,331 (+18.8%), from €2.8m to €3.4m
- Other debts +€100,000
new in 2026: €100,000
Income statement
- Financial income -€1.5m
down €1.5m (-76.1%), from €2.0m to €480,189
- Services and other goods +€196,674
up €196,674 (+32.1%), from €612,768 to €809,442
- Other operating income +€88,259
new in 2026: €88,259
- Turnover +€77,402
up €77,402 (+9.8%), from €786,419 to €863,821
- Financial charges -€51,590
down €51,590 (-46.6%), from €110,631 to €59,041
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
€2.0m
Turnover
+€77,402
Other operating income
+€88,259
Services and other goods
-€196,674
Staff costs
+€42,620
Other operating charges
+€91
Financial income
-€1.5m
Financial charges
+€51,590
Result 2026
€534,331
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€570,044
Investment
-€3,600
Financing
-€867,702
Cash 2025
€368,196
From operations (derived)
+€570,044
Net result for the year
+€534,331
Receivables within one year
-€89,881
Deferred charges and accrued income
+€2,760
Trade debts
+€34,366
Tax, wage and social debts
-€3,034
Other debts
+€100,000
Accrued charges and deferred income
-€8,497
Investment (derived)
-€3,600
Investment in fixed assets (net)
-€3,600
Financing
-€867,702
Debts after one year
-€867,702
Cash 2026
€66,938
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,846,387 | €6,635,850 | -€210,537 | -3.1% |
| Fixed assets | 21/28 | €6,400,000 | €6,403,600 | +€3,600 | +0.1% |
| Financial fixed assets | 28 | €6,400,000 | €6,403,600 | +€3,600 | +0.1% |
| Affiliated companies | 280/1 | €6,400,000 | €6,400,000 | = | 0.0% |
| Participating interests | 280 | €6,400,000 | €6,400,000 | = | 0.0% |
| Companies linked by participating interests | 282/3 | - | €3,600 | +€3,600 | |
| Participating interests | 282 | - | €3,600 | +€3,600 | |
| Current assets | 29/58 | €446,387 | €232,250 | -€214,137 | -48.0% |
| Amounts receivable within one year | 40/41 | €75,431 | €165,312 | +€89,881 | +119% |
| Trade receivables | 40 | €74,131 | €162,581 | +€88,450 | +119% |
| Other amounts receivable | 41 | €1,300 | €2,731 | +€1,431 | +110% |
| Cash at bank and in hand | 54/58 | €368,196 | €66,938 | -€301,258 | -81.8% |
| Deferred charges and accrued income | 490/1 | €2,760 | - | -€2,760 | |
| Total equity and liabilities | 10/49 | €6,846,387 | €6,635,850 | -€210,537 | -3.1% |
| Equity | 10/15 | €4,345,518 | €4,879,849 | +€534,331 | +12.3% |
| Contributions | 10/11 | €1,500,000 | €1,500,000 | = | 0.0% |
| Reserves | 13 | €2,845,518 | €3,379,849 | +€534,331 | +18.8% |
| Distributable reserves | 133 | €2,845,518 | €3,379,849 | +€534,331 | +18.8% |
| Amounts payable | 17/49 | €2,500,868 | €1,756,000 | -€744,868 | -29.8% |
| Amounts payable after more than one year | 17 | €2,044,332 | €1,176,630 | -€867,702 | -42.4% |
| Financial debts | 170/4 | €2,044,332 | €1,176,630 | -€867,702 | -42.4% |
| Credit institutions | 173 | €1,594,332 | €1,176,630 | -€417,702 | -26.2% |
| Other loans | 174 | €450,000 | - | -€450,000 | |
| Amounts payable within one year | 42/48 | €447,313 | €578,644 | +€131,331 | +29.4% |
| Current portion of amounts payable after more than one year | 42 | €417,702 | €417,702 | = | 0.0% |
| Trade debts | 44 | €22,732 | €57,098 | +€34,366 | +151% |
| Suppliers | 440/4 | €22,732 | €57,098 | +€34,366 | +151% |
| Taxes, remuneration and social security | 45 | €6,879 | €3,845 | -€3,034 | -44.1% |
| Taxes | 450/3 | - | €3,845 | +€3,845 | |
| Remuneration and social security | 454/9 | €6,879 | - | -€6,879 | |
| Other amounts payable | 47/48 | - | €100,000 | +€100,000 | |
| Accrued charges and deferred income | 492/3 | €9,223 | €726 | -€8,497 | -92.1% |
| Operating income | 70/76A | €786,419 | €952,080 | +€165,661 | +21.1% |
| Turnover | 70 | €786,419 | €863,821 | +€77,402 | +9.8% |
| Other operating income | 74 | - | €88,259 | +€88,259 | |
| Operating charges | 60/66A | €684,935 | €838,897 | +€153,963 | +22.5% |
| Services and other goods | 61 | €612,768 | €809,442 | +€196,674 | +32.1% |
| Remuneration, social security and pensions | 62 | €70,959 | €28,339 | -€42,620 | -60.1% |
| Other operating charges | 640/8 | €1,208 | €1,117 | -€91 | -7.6% |
| Operating profit (loss) | 9901 | €101,484 | €113,183 | +€11,699 | +11.5% |
| Financial income | 75/76B | €2,013,300 | €480,189 | -€1.5m | -76.1% |
| Recurring financial income | 75 | €2,013,300 | €480,189 | -€1.5m | -76.1% |
| Income from financial fixed assets | 750 | €2,013,300 | €480,189 | -€1.5m | -76.1% |
| Financial charges | 65/66B | €110,631 | €59,041 | -€51,590 | -46.6% |
| Recurring financial charges | 65 | €110,631 | €59,041 | -€51,590 | -46.6% |
| Debt charges | 650 | €110,286 | €58,621 | -€51,665 | -46.8% |
| Other financial charges | 652/9 | €345 | €420 | +€75 | +21.7% |
| Profit (loss) for the period before taxes | 9903 | €2,004,153 | €534,331 | -€1.5m | -73.3% |
| Profit (loss) for the period | 9904 | €2,004,153 | €534,331 | -€1.5m | -73.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,004,153 | €534,331 | -€1.5m | -73.3% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.