NIKO BAL: 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.
NIKO BAL
Largest movements
- Tangible fixed assets +€24,062
up €24,062 (+38.9%), from €61,779 to €85,841
of which Furniture and vehicles: +€27,594
- Receivables within one year -€17,486
down €17,486 (-53.5%), from €32,691 to €15,205
of which Trade receivables: -€13,562
- Cash -€9,091
down €9,091 (-23.1%), from €39,407 to €30,316
mainly Investment in fixed assets (net) (-€48,662) and Trade debts (-€16,737)
- Stocks and contracts -€2,607
down €2,607 (-12.1%), from €21,545 to €18,938
of which Stocks: -€4,475
- Deferred charges and accrued income -€1,824
down €1,824 (-75.8%), from €2,407 to €583
- Trade debts -€16,737
down €16,737 (-85.1%), from €19,675 to €2,937
- Other debts -€11,286
down €11,286 (-31.4%), from €35,963 to €24,676
- Reserves +€8,980
up €8,980 (+11.4%), from €78,431 to €87,411
of which Distributable reserves: +€8,980
- Debts after one year +€7,744
up €7,744, from €0 to €7,744
- Current portion of long-term debt +€5,944
up €5,944 (+397%), from €1,498 to €7,442
- Gross operating margin +€17,401
up €17,401 (+76.9%), from €22,641 to €40,042
- Depreciation +€6,937
up €6,937 (+39.3%), from €17,662 to €24,600
- Taxes +€2,464
up €2,464 (+204%), from €1,208 to €3,673
- Other operating charges +€1,384
up €1,384 (+1,015%), from €136 to €1,520
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.
Derived cash bridge
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 | €157,829 | €150,884 | -€6,945 | -4.4% |
| Fixed assets | 21/28 | €61,779 | €85,841 | +€24,062 | +38.9% |
| Tangible fixed assets | 22/27 | €61,779 | €85,841 | +€24,062 | +38.9% |
| Land and buildings | 22 | €3,402 | €3,131 | -€271 | -8.0% |
| Plant, machinery and equipment | 23 | €4,309 | €1,049 | -€3,261 | -75.7% |
| Furniture and vehicles | 24 | €54,067 | €81,662 | +€27,594 | +51.0% |
| Current assets | 29/58 | €96,050 | €65,043 | -€31,007 | -32.3% |
| Stocks and contracts in progress | 3 | €21,545 | €18,938 | -€2,607 | -12.1% |
| Stocks | 30/36 | €13,204 | €8,729 | -€4,475 | -33.9% |
| Contracts in progress | 37 | €8,340 | €10,209 | +€1,868 | +22.4% |
| Amounts receivable within one year | 40/41 | €32,691 | €15,205 | -€17,486 | -53.5% |
| Trade receivables | 40 | €26,209 | €12,647 | -€13,562 | -51.7% |
| Other amounts receivable | 41 | €6,482 | €2,558 | -€3,924 | -60.5% |
| Cash at bank and in hand | 54/58 | €39,407 | €30,316 | -€9,091 | -23.1% |
| Deferred charges and accrued income | 490/1 | €2,407 | €583 | -€1,824 | -75.8% |
| Total equity and liabilities | 10/49 | €157,829 | €150,884 | -€6,945 | -4.4% |
| Equity | 10/15 | €98,431 | €107,411 | +€8,980 | +9.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €78,431 | €87,411 | +€8,980 | +11.4% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €76,431 | €85,411 | +€8,980 | +11.7% |
| Amounts payable | 17/49 | €59,398 | €43,473 | -€15,925 | -26.8% |
| Amounts payable after more than one year | 17 | €0 | €7,744 | +€7,744 | |
| Financial debts | 170/4 | €0 | €7,744 | +€7,744 | |
| Amounts payable within one year | 42/48 | €59,207 | €35,728 | -€23,479 | -39.7% |
| Current portion of amounts payable after more than one year | 42 | €1,498 | €7,442 | +€5,944 | +397% |
| Trade debts | 44 | €19,675 | €2,937 | -€16,737 | -85.1% |
| Suppliers | 440/4 | €19,675 | €2,937 | -€16,737 | -85.1% |
| Taxes, remuneration and social security | 45 | €2,072 | €673 | -€1,400 | -67.5% |
| Taxes | 450/3 | - | €673 | +€673 | |
| Remuneration and social security | 454/9 | €2,072 | €0 | -€2,072 | -100% |
| Other amounts payable | 47/48 | €35,963 | €24,676 | -€11,286 | -31.4% |
| Accrued charges and deferred income | 492/3 | €191 | €0 | -€191 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,662 | €24,600 | +€6,937 | +39.3% |
| Other operating charges | 640/8 | €136 | €1,520 | +€1,384 | +1,015% |
| Gross operating margin | 9900 | €22,641 | €40,042 | +€17,401 | +76.9% |
| Operating profit (loss) | 9901 | €4,843 | €13,922 | +€9,079 | +187% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €948 | €1,269 | +€321 | +33.9% |
| Recurring financial charges | 65 | €948 | €1,269 | +€321 | +33.9% |
| Profit (loss) for the period before taxes | 9903 | €3,895 | €12,653 | +€8,758 | +225% |
| Income taxes | 67/77 | €1,208 | €3,673 | +€2,464 | +204% |
| Profit (loss) for the period | 9904 | €2,687 | €8,980 | +€6,294 | +234% |
| Profit (loss) for the period to be appropriated | 9905 | €2,687 | €8,980 | +€6,294 | +234% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.