NIKITIS: 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.
NIKITIS
Largest movements
- Tangible fixed assets -€39,124
down €39,124 (-18.5%), from €211,276 to €172,151
of which Furniture and vehicles: -€29,307
- Receivables within one year -€4,722
down €4,722 (-17.0%), from €27,823 to €23,101
of which Trade receivables: -€7,222
- Reserves +€35,900
up €35,900 (+52.8%), from €68,000 to €103,900
- Other debts -€31,312
down €31,312 (-92.6%), from €33,804 to €2,492
- Debts after one year -€28,756
down €28,756 (-33.0%), from €87,199 to €58,443
- Trade debts -€18,887
down €18,887 (-84.9%), from €22,255 to €3,368
- Tax, wage and social debts -€17,647
down €17,647 (-70.2%), from €25,156 to €7,509
- Gross operating margin -€21,751
down €21,751 (-17.6%), from €123,842 to €102,092
- Taxes -€6,911
down €6,911 (-29.7%), from €23,285 to €16,375
- Depreciation +€6,716
up €6,716 (+19.2%), from €35,043 to €41,759
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 | €269,771 | €225,136 | -€44,634 | -16.5% |
| Fixed assets | 21/28 | €211,276 | €172,151 | -€39,124 | -18.5% |
| Tangible fixed assets | 22/27 | €211,276 | €172,151 | -€39,124 | -18.5% |
| Plant, machinery and equipment | 23 | €86,289 | €76,471 | -€9,818 | -11.4% |
| Furniture and vehicles | 24 | €124,987 | €95,680 | -€29,307 | -23.4% |
| Current assets | 29/58 | €58,495 | €52,985 | -€5,510 | -9.4% |
| Amounts receivable within one year | 40/41 | €27,823 | €23,101 | -€4,722 | -17.0% |
| Trade receivables | 40 | €27,823 | €20,601 | -€7,222 | -26.0% |
| Other amounts receivable | 41 | - | €2,500 | +€2,500 | |
| Cash at bank and in hand | 54/58 | €30,673 | €29,884 | -€789 | -2.6% |
| Total equity and liabilities | 10/49 | €269,771 | €225,136 | -€44,634 | -16.5% |
| Equity | 10/15 | €73,731 | €113,268 | +€39,537 | +53.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €68,000 | €103,900 | +€35,900 | +52.8% |
| Distributable reserves | 133 | €68,000 | €103,900 | +€35,900 | +52.8% |
| Profit (loss) carried forward | 14 | €1,731 | €5,368 | +€3,637 | +210.1% |
| Amounts payable | 17/49 | €196,040 | €111,868 | -€84,172 | -42.9% |
| Amounts payable after more than one year | 17 | €87,199 | €58,443 | -€28,756 | -33.0% |
| Financial debts | 170/4 | €87,199 | €58,443 | -€28,756 | -33.0% |
| Amounts payable within one year | 42/48 | €108,841 | €53,425 | -€55,416 | -50.9% |
| Current portion of amounts payable after more than one year | 42 | €27,626 | €40,056 | +€12,430 | +45.0% |
| Trade debts | 44 | €22,255 | €3,368 | -€18,887 | -84.9% |
| Suppliers | 440/4 | €22,255 | €3,368 | -€18,887 | -84.9% |
| Taxes, remuneration and social security | 45 | €25,156 | €7,509 | -€17,647 | -70.2% |
| Taxes | 450/3 | €25,156 | €7,509 | -€17,647 | -70.2% |
| Other amounts payable | 47/48 | €33,804 | €2,492 | -€31,312 | -92.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,043 | €41,759 | +€6,716 | +19.2% |
| Other operating charges | 640/8 | €1,766 | €1,169 | -€597 | -33.8% |
| Gross operating margin | 9900 | €123,842 | €102,092 | -€21,751 | -17.6% |
| Operating profit (loss) | 9901 | €87,033 | €59,164 | -€27,869 | -32.0% |
| Financial income | 75/76B | €12 | €1,113 | +€1,101 | +9344.7% |
| Recurring financial income | 75 | €12 | €1,113 | +€1,101 | +9344.7% |
| Financial charges | 65/66B | €5,361 | €4,364 | -€996 | -18.6% |
| Recurring financial charges | 65 | €5,361 | €4,364 | -€996 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €81,685 | €55,912 | -€25,773 | -31.6% |
| Income taxes | 67/77 | €23,285 | €16,375 | -€6,911 | -29.7% |
| Profit (loss) for the period | 9904 | €58,399 | €39,537 | -€18,862 | -32.3% |
| Profit (loss) for the period to be appropriated | 9905 | €58,399 | €39,537 | -€18,862 | -32.3% |
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.