NiKo: 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.
NiKo
Largest movements
- Cash +€9,418
up €9,418 (+3.5%), from €270,061 to €279,479
mainly Net result for the year (+€47,440) and Depreciation (+€11,927)
- Stocks and contracts +€7,518
up €7,518 (+13.5%), from €55,559 to €63,077
- Intangible fixed assets -€5,951
down €5,951 (-14.4%), from €41,285 to €35,334
- Tangible fixed assets -€4,446
down €4,446 (-19.7%), from €22,617 to €18,172
of which Plant, machinery and equipment: -€2,487
- Profit (loss) carried forward +€47,440
up €47,440 (+19.0%), from €249,220 to €296,661
- Tax, wage and social debts -€27,316
down €27,316 (-43.4%), from €62,969 to €35,653
of which Taxes: -€26,965
- Debts after one year -€15,204
down €15,204 (-32.4%), from €46,994 to €31,790
- Staff costs +€44,238
up €44,238 (+25.5%), from €173,163 to €217,401
- Taxes -€7,611
down €7,611 (-34.5%), from €22,091 to €14,480
- Gross operating margin +€6,137
up €6,137 (+2.1%), from €296,979 to €303,116
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €408,383 | €417,101 | +€8,717 | +2.1% |
| Fixed assets | 21/28 | €75,303 | €64,906 | -€10,397 | -13.8% |
| Intangible fixed assets | 21 | €41,285 | €35,334 | -€5,951 | -14.4% |
| Tangible fixed assets | 22/27 | €22,617 | €18,172 | -€4,446 | -19.7% |
| Plant, machinery and equipment | 23 | €5,439 | €2,952 | -€2,487 | -45.7% |
| Furniture and vehicles | 24 | €17,178 | €15,219 | -€1,959 | -11.4% |
| Financial fixed assets | 28 | €11,400 | €11,400 | = | 0.0% |
| Current assets | 29/58 | €333,081 | €352,195 | +€19,114 | +5.7% |
| Stocks and contracts in progress | 3 | €55,559 | €63,077 | +€7,518 | +13.5% |
| Stocks | 30/36 | €55,559 | €63,077 | +€7,518 | +13.5% |
| Amounts receivable within one year | 40/41 | €2,718 | €6,380 | +€3,661 | +134.7% |
| Trade receivables | 40 | €2,151 | €526 | -€1,625 | -75.5% |
| Other amounts receivable | 41 | €568 | €5,854 | +€5,286 | +931.0% |
| Cash at bank and in hand | 54/58 | €270,061 | €279,479 | +€9,418 | +3.5% |
| Deferred charges and accrued income | 490/1 | €4,743 | €3,259 | -€1,484 | -31.3% |
| Total equity and liabilities | 10/49 | €408,383 | €417,101 | +€8,717 | +2.1% |
| Equity | 10/15 | €271,720 | €319,161 | +€47,440 | +17.5% |
| Contributions | 10/11 | €22,500 | €22,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €249,220 | €296,661 | +€47,440 | +19.0% |
| Amounts payable | 17/49 | €136,663 | €97,940 | -€38,723 | -28.3% |
| Amounts payable after more than one year | 17 | €46,994 | €31,790 | -€15,204 | -32.4% |
| Financial debts | 170/4 | €46,994 | €31,790 | -€15,204 | -32.4% |
| Amounts payable within one year | 42/48 | €89,669 | €66,150 | -€23,519 | -26.2% |
| Current portion of amounts payable after more than one year | 42 | €14,761 | €15,204 | +€443 | +3.0% |
| Trade debts | 44 | €10,139 | €14,093 | +€3,955 | +39.0% |
| Suppliers | 440/4 | €10,139 | €14,093 | +€3,955 | +39.0% |
| Advances received on contracts in progress | 46 | €600 | €0 | -€600 | -100.0% |
| Taxes, remuneration and social security | 45 | €62,969 | €35,653 | -€27,316 | -43.4% |
| Taxes | 450/3 | €50,456 | €23,491 | -€26,965 | -53.4% |
| Remuneration and social security | 454/9 | €12,513 | €12,162 | -€351 | -2.8% |
| Other amounts payable | 47/48 | €1,200 | €1,200 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €173,163 | €217,401 | +€44,238 | +25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,427 | €11,927 | -€500 | -4.0% |
| Other operating charges | 640/8 | €3,262 | €2,990 | -€272 | -8.3% |
| Gross operating margin | 9900 | €296,979 | €303,116 | +€6,137 | +2.1% |
| Operating profit (loss) | 9901 | €108,127 | €70,798 | -€37,329 | -34.5% |
| Financial income | 75/76B | €0 | €80 | +€80 | |
| Recurring financial income | 75 | €0 | €80 | +€80 | |
| Financial charges | 65/66B | €8,147 | €8,958 | +€811 | +10.0% |
| Recurring financial charges | 65 | €8,147 | €8,958 | +€811 | +10.0% |
| Profit (loss) for the period before taxes | 9903 | €99,981 | €61,920 | -€38,060 | -38.1% |
| Income taxes | 67/77 | €22,091 | €14,480 | -€7,611 | -34.5% |
| Profit (loss) for the period | 9904 | €77,890 | €47,440 | -€30,449 | -39.1% |
| Profit (loss) for the period to be appropriated | 9905 | €77,890 | €47,440 | -€30,449 | -39.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.