Niklin: 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.
Niklin
Largest movements
- Cash -€16,119
down €16,119 (-45.5%), from €35,407 to €19,287
mainly Receivables within one year (-€15,279) and Debts after one year (-€10,541)
- Receivables within one year +€15,279
up €15,279 (+102.5%), from €14,899 to €30,178
of which Other amounts receivable: +€18,702
- Tangible fixed assets -€13,139
down €13,139 (-25.9%), from €50,653 to €37,514
of which Furniture and vehicles: -€13,028
- Stocks and contracts +€2,975
up €2,975 (+230.8%), from €1,289 to €4,264
- Reserves +€14,384
up €14,384 (+84.7%), from €16,975 to €31,359
of which Distributable reserves: +€14,384
- Debts after one year -€10,541
down €10,541 (-32.8%), from €32,136 to €21,595
- Tax, wage and social debts -€10,457
down €10,457 (-87.0%), from €12,015 to €1,558
of which Taxes: -€7,214
- Trade debts -€5,145
down €5,145 (-73.8%), from €6,969 to €1,824
- Gross operating margin -€47,052
down €47,052 (-51.5%), from €91,372 to €44,321
- Staff costs -€42,033
down €42,033 (-82.9%), from €50,695 to €8,662
- Taxes -€2,136
down €2,136 (-25.0%), from €8,540 to €6,404
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 | €105,983 | €94,693 | -€11,289 | -10.7% |
| Fixed assets | 21/28 | €51,163 | €38,024 | -€13,139 | -25.7% |
| Tangible fixed assets | 22/27 | €50,653 | €37,514 | -€13,139 | -25.9% |
| Plant, machinery and equipment | 23 | €110 | €0 | -€110 | -100.0% |
| Furniture and vehicles | 24 | €50,543 | €37,514 | -€13,028 | -25.8% |
| Financial fixed assets | 28 | €510 | €510 | = | 0.0% |
| Current assets | 29/58 | €54,820 | €56,669 | +€1,849 | +3.4% |
| Stocks and contracts in progress | 3 | €1,289 | €4,264 | +€2,975 | +230.8% |
| Stocks | 30/36 | €1,289 | €4,264 | +€2,975 | +230.8% |
| Amounts receivable within one year | 40/41 | €14,899 | €30,178 | +€15,279 | +102.5% |
| Trade receivables | 40 | €3,424 | €0 | -€3,424 | -100.0% |
| Other amounts receivable | 41 | €11,475 | €30,178 | +€18,702 | +163.0% |
| Cash at bank and in hand | 54/58 | €35,407 | €19,287 | -€16,119 | -45.5% |
| Deferred charges and accrued income | 490/1 | €3,225 | €2,940 | -€285 | -8.9% |
| Total equity and liabilities | 10/49 | €105,983 | €94,693 | -€11,289 | -10.7% |
| Equity | 10/15 | €36,291 | €50,675 | +€14,384 | +39.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €16,975 | €31,359 | +€14,384 | +84.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €15,115 | €29,499 | +€14,384 | +95.2% |
| Profit (loss) carried forward | 14 | €6,916 | €6,916 | = | 0.0% |
| Amounts payable | 17/49 | €69,692 | €44,018 | -€25,673 | -36.8% |
| Amounts payable after more than one year | 17 | €32,136 | €21,595 | -€10,541 | -32.8% |
| Financial debts | 170/4 | €32,136 | €21,595 | -€10,541 | -32.8% |
| Amounts payable within one year | 42/48 | €29,056 | €13,923 | -€15,133 | -52.1% |
| Current portion of amounts payable after more than one year | 42 | €10,071 | €10,541 | +€469 | +4.7% |
| Trade debts | 44 | €6,969 | €1,824 | -€5,145 | -73.8% |
| Suppliers | 440/4 | €6,969 | €1,824 | -€5,145 | -73.8% |
| Taxes, remuneration and social security | 45 | €12,015 | €1,558 | -€10,457 | -87.0% |
| Taxes | 450/3 | €8,612 | €1,398 | -€7,214 | -83.8% |
| Remuneration and social security | 454/9 | €3,403 | €160 | -€3,243 | -95.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €8,500 | €8,500 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €50,695 | €8,662 | -€42,033 | -82.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,697 | €13,139 | -€558 | -4.1% |
| Other operating charges | 640/8 | €1,423 | €885 | -€538 | -37.8% |
| Gross operating margin | 9900 | €91,372 | €44,321 | -€47,052 | -51.5% |
| Operating profit (loss) | 9901 | €25,558 | €21,635 | -€3,923 | -15.3% |
| Financial income | 75/76B | €263 | €1,054 | +€791 | +300.7% |
| Recurring financial income | 75 | €263 | €1,054 | +€791 | +300.7% |
| Financial charges | 65/66B | €2,165 | €1,901 | -€264 | -12.2% |
| Recurring financial charges | 65 | €2,165 | €1,901 | -€264 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €23,656 | €20,788 | -€2,867 | -12.1% |
| Income taxes | 67/77 | €8,540 | €6,404 | -€2,136 | -25.0% |
| Profit (loss) for the period | 9904 | €15,115 | €14,384 | -€731 | -4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,115 | €14,384 | -€731 | -4.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.