NIKE Construct: what changed
NIKE Construct
Largest movements
- Cash -€7,914
down €7,914 (-64.3%), from €12,315 to €4,401
mainly Trade debts (-€8,106) and Other debts (-€2,420)
- Tangible fixed assets -€4,600
down €4,600 (-43.4%), from €10,608 to €6,008
- Receivables within one year -€2,140
down €2,140 (-28.5%), from €7,506 to €5,366
of which Trade receivables: -€3,441
- Deferred charges and accrued income +€778
up €778 (+3,076%), from €25 to €803
- Trade debts -€8,106
down €8,106 (-98.4%), from €8,235 to €129
- Other debts -€2,420
down €2,420 (-25.6%), from €9,457 to €7,037
- Tax, wage and social debts -€1,855
down €1,855 (-75.2%), from €2,466 to €611
- Profit (loss) carried forward -€1,495
down €1,495 (-18.0%), from €8,296 to €6,801
- Gross operating margin -€10,230
down €10,230 (-70.4%), from €14,531 to €4,301
- Taxes -€1,871
down €1,871 (-75.9%), from €2,466 to €595
- Depreciation +€1,408
up €1,408 (+44.1%), from €3,192 to €4,600
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,455 | €16,579 | -€13,876 | -45.6% |
| Fixed assets | 21/28 | €10,608 | €6,008 | -€4,600 | -43.4% |
| Tangible fixed assets | 22/27 | €10,608 | €6,008 | -€4,600 | -43.4% |
| Furniture and vehicles | 24 | €10,608 | €6,008 | -€4,600 | -43.4% |
| Current assets | 29/58 | €19,846 | €10,570 | -€9,276 | -46.7% |
| Amounts receivable within one year | 40/41 | €7,506 | €5,366 | -€2,140 | -28.5% |
| Trade receivables | 40 | €4,932 | €1,491 | -€3,441 | -69.8% |
| Other amounts receivable | 41 | €2,574 | €3,876 | +€1,301 | +50.6% |
| Cash at bank and in hand | 54/58 | €12,315 | €4,401 | -€7,914 | -64.3% |
| Deferred charges and accrued income | 490/1 | €25 | €803 | +€778 | +3,076% |
| Total equity and liabilities | 10/49 | €30,455 | €16,579 | -€13,876 | -45.6% |
| Equity | 10/15 | €10,296 | €8,801 | -€1,495 | -14.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,296 | €6,801 | -€1,495 | -18.0% |
| Amounts payable | 17/49 | €20,159 | €7,778 | -€12,381 | -61.4% |
| Amounts payable within one year | 42/48 | €20,159 | €7,778 | -€12,381 | -61.4% |
| Trade debts | 44 | €8,235 | €129 | -€8,106 | -98.4% |
| Suppliers | 440/4 | €8,235 | €129 | -€8,106 | -98.4% |
| Taxes, remuneration and social security | 45 | €2,466 | €611 | -€1,855 | -75.2% |
| Taxes | 450/3 | €2,466 | €611 | -€1,855 | -75.2% |
| Other amounts payable | 47/48 | €9,457 | €7,037 | -€2,420 | -25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,192 | €4,600 | +€1,408 | +44.1% |
| Other operating charges | 640/8 | €500 | €597 | +€97 | +19.4% |
| Gross operating margin | 9900 | €14,531 | €4,301 | -€10,230 | -70.4% |
| Operating profit (loss) | 9901 | €10,839 | -€896 | -€11,735 | |
| Financial charges | 65/66B | €77 | €4 | -€73 | -95.3% |
| Recurring financial charges | 65 | €77 | €4 | -€73 | -95.3% |
| Profit (loss) for the period before taxes | 9903 | €10,762 | -€900 | -€11,662 | |
| Income taxes | 67/77 | €2,466 | €595 | -€1,871 | -75.9% |
| Profit (loss) for the period | 9904 | €8,296 | -€1,495 | -€9,791 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,296 | -€1,495 | -€9,791 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.