NIKAS MANAGEMENT: 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.
NIKAS MANAGEMENT
Largest movements
- Cash +€196,328
up €196,328 (+157%), from €124,727 to €321,055
mainly Net result for the year (+€312,327) and Other debts (+€137,000)
- Deferred charges and accrued income +€119,255
up €119,255 (+74.6%), from €159,892 to €279,147
- Receivables within one year -€64,016
down €64,016 (-24.6%), from €259,792 to €195,776
of which Other amounts receivable: -€55,072
- Other debts +€137,000
up €137,000 (+183%), from €75,000 to €212,000
- Profit (loss) carried forward +€96,971
up €96,971 (+9.3%), from €1.0m to €1.1m
- Tax, wage and social debts +€22,355
up €22,355 (+60.0%), from €37,247 to €59,603
of which Taxes: +€23,847
- Financial income +€119,070
up €119,070 (+75.0%), from €158,760 to €277,830
- Turnover +€25,157
up €25,157 (+10.9%), from €231,247 to €256,404
- Staff costs +€24,859
up €24,859 (+21.7%), from €114,371 to €139,230
- Gross operating margin +€19,689
up €19,689 (+11.2%), from €175,845 to €195,534
- Purchases and services +€11,524
up €11,524 (+20.8%), from €55,402 to €66,926
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 | €1,188,825 | €1,440,391 | +€251,567 | +21.2% |
| Fixed assets | 21/28 | €644,413 | €644,413 | = | 0.0% |
| Financial fixed assets | 28 | €644,413 | €644,413 | = | 0.0% |
| Current assets | 29/58 | €544,411 | €795,978 | +€251,567 | +46.2% |
| Amounts receivable within one year | 40/41 | €259,792 | €195,776 | -€64,016 | -24.6% |
| Trade receivables | 40 | €45,244 | €36,300 | -€8,944 | -19.8% |
| Other amounts receivable | 41 | €214,548 | €159,476 | -€55,072 | -25.7% |
| Cash at bank and in hand | 54/58 | €124,727 | €321,055 | +€196,328 | +157% |
| Deferred charges and accrued income | 490/1 | €159,892 | €279,147 | +€119,255 | +74.6% |
| Total equity and liabilities | 10/49 | €1,188,825 | €1,440,391 | +€251,567 | +21.2% |
| Equity | 10/15 | €1,068,319 | €1,165,291 | +€96,971 | +9.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,047,859 | €1,144,831 | +€96,971 | +9.3% |
| Amounts payable | 17/49 | €120,505 | €275,100 | +€154,595 | +128% |
| Amounts payable within one year | 42/48 | €120,255 | €275,100 | +€154,845 | +129% |
| Trade debts | 44 | €8,007 | €3,498 | -€4,510 | -56.3% |
| Suppliers | 440/4 | €8,007 | €3,498 | -€4,510 | -56.3% |
| Taxes, remuneration and social security | 45 | €37,247 | €59,603 | +€22,355 | +60.0% |
| Taxes | 450/3 | €24,034 | €47,881 | +€23,847 | +99.2% |
| Remuneration and social security | 454/9 | €13,213 | €11,722 | -€1,491 | -11.3% |
| Other amounts payable | 47/48 | €75,000 | €212,000 | +€137,000 | +183% |
| Accrued charges and deferred income | 492/3 | €250 | - | -€250 | |
| Turnover | 70 | €231,247 | €256,404 | +€25,157 | +10.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €55,402 | €66,926 | +€11,524 | +20.8% |
| Remuneration, social security and pensions | 62 | €114,371 | €139,230 | +€24,859 | +21.7% |
| Other operating charges | 640/8 | €0 | €251 | +€251 | |
| Gross operating margin | 9900 | €175,845 | €195,534 | +€19,689 | +11.2% |
| Operating profit (loss) | 9901 | €61,474 | €56,053 | -€5,421 | -8.8% |
| Financial income | 75/76B | €158,760 | €277,830 | +€119,070 | +75.0% |
| Recurring financial income | 75 | €158,760 | €277,830 | +€119,070 | +75.0% |
| Financial charges | 65/66B | €7,554 | €7,097 | -€457 | -6.0% |
| Recurring financial charges | 65 | €7,554 | €7,097 | -€457 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €212,680 | €326,787 | +€114,106 | +53.7% |
| Income taxes | 67/77 | €14,474 | €14,460 | -€14 | -0.1% |
| Profit (loss) for the period | 9904 | €198,206 | €312,327 | +€114,120 | +57.6% |
| Profit (loss) for the period to be appropriated | 9905 | €198,206 | €312,327 | +€114,120 | +57.6% |
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 14 October 2026 via checked.be.