NIKAT: 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.
NIKAT
Largest movements
- Tangible fixed assets -€48,432
down €48,432 (-10.6%), from €455,121 to €406,690
of which Land and buildings: -€42,326
- Stocks and contracts -€8,435
down €8,435 (-100.0%), from €8,435 to €0
- Debts after one year -€51,803
down €51,803 (-13.6%), from €382,286 to €330,483
of which Financial debts: -€27,699
- Other debts +€38,224
up €38,224 (+454.1%), from €8,417 to €46,641
- Trade debts -€28,862
down €28,862 (-60.7%), from €47,549 to €18,687
- Tax, wage and social debts -€9,059
down €9,059 (-52.0%), from €17,407 to €8,348
of which Taxes: -€7,823
- Profit (loss) carried forward -€7,407
down €7,407 (-8.1%), from -€91,584 to -€98,991
- Gross operating margin +€19,904
up €19,904 (+55.9%), from €35,589 to €55,493
- Staff costs -€10,184
down €10,184 (-93.8%), from €10,851 to €668
- Other operating charges -€1,517
down €1,517 (-26.9%), from €5,644 to €4,127
- Financial charges -€653
down €653 (-6.5%), from €10,081 to €9,428
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 | €482,415 | €424,971 | -€57,443 | -11.9% |
| Fixed assets | 21/28 | €470,121 | €421,690 | -€48,432 | -10.3% |
| Tangible fixed assets | 22/27 | €455,121 | €406,690 | -€48,432 | -10.6% |
| Land and buildings | 22 | €427,164 | €384,838 | -€42,326 | -9.9% |
| Plant, machinery and equipment | 23 | €15,633 | €12,331 | -€3,302 | -21.1% |
| Furniture and vehicles | 24 | €12,324 | €9,521 | -€2,803 | -22.7% |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €12,293 | €3,282 | -€9,011 | -73.3% |
| Stocks and contracts in progress | 3 | €8,435 | €0 | -€8,435 | -100.0% |
| Stocks | 30/36 | €8,435 | €0 | -€8,435 | -100.0% |
| Amounts receivable within one year | 40/41 | €0 | €459 | +€459 | |
| Trade receivables | 40 | €0 | €459 | +€459 | |
| Cash at bank and in hand | 54/58 | €3,807 | €0 | -€3,807 | -100.0% |
| Deferred charges and accrued income | 490/1 | €51 | €2,823 | +€2,773 | +5474.2% |
| Total equity and liabilities | 10/49 | €482,415 | €424,971 | -€57,443 | -11.9% |
| Equity | 10/15 | €416 | -€6,991 | -€7,407 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Revaluation surpluses | 12 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,584 | -€98,991 | -€7,407 | -8.1% |
| Amounts payable | 17/49 | €481,999 | €431,962 | -€50,036 | -10.4% |
| Amounts payable after more than one year | 17 | €382,286 | €330,483 | -€51,803 | -13.6% |
| Financial debts | 170/4 | €314,182 | €286,483 | -€27,699 | -8.8% |
| Other amounts payable | 178/9 | €68,104 | €44,000 | -€24,104 | -35.4% |
| Amounts payable within one year | 42/48 | €99,713 | €101,480 | +€1,767 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €26,340 | €27,699 | +€1,359 | +5.2% |
| Financial debts | 43 | - | €105 | +€105 | |
| Credit institutions | 430/8 | - | €105 | +€105 | |
| Trade debts | 44 | €47,549 | €18,687 | -€28,862 | -60.7% |
| Suppliers | 440/4 | €47,549 | €18,687 | -€28,862 | -60.7% |
| Taxes, remuneration and social security | 45 | €17,407 | €8,348 | -€9,059 | -52.0% |
| Taxes | 450/3 | €16,171 | €8,348 | -€7,823 | -48.4% |
| Remuneration and social security | 454/9 | €1,236 | €0 | -€1,236 | -100.0% |
| Other amounts payable | 47/48 | €8,417 | €46,641 | +€38,224 | +454.1% |
| Remuneration, social security and pensions | 62 | €10,851 | €668 | -€10,184 | -93.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,313 | €48,432 | +€119 | +0.2% |
| Other operating charges | 640/8 | €5,644 | €4,127 | -€1,517 | -26.9% |
| Gross operating margin | 9900 | €35,589 | €55,493 | +€19,904 | +55.9% |
| Operating profit (loss) | 9901 | -€29,219 | €2,267 | +€31,486 | |
| Financial income | 75/76B | €12 | €0 | -€12 | -100.0% |
| Recurring financial income | 75 | €12 | €0 | -€12 | -100.0% |
| Financial charges | 65/66B | €10,081 | €9,428 | -€653 | -6.5% |
| Recurring financial charges | 65 | €10,081 | €9,428 | -€653 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | -€39,288 | -€7,161 | +€32,127 | +81.8% |
| Income taxes | 67/77 | €255 | €246 | -€9 | -3.5% |
| Profit (loss) for the period | 9904 | -€39,543 | -€7,407 | +€32,136 | +81.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,543 | -€7,407 | +€32,136 | +81.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.