NIKO BAT: 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 BAT
Largest movements
- Receivables within one year +€29,096
up €29,096 (+59.0%), from €49,352 to €78,448
of which Other amounts receivable: +€23,215
- Cash +€11,367
up €11,367 (+98.2%), from €11,574 to €22,941
mainly Net result for the year (+€49,252) and Tax, wage and social debts (+€9,673)
- Tangible fixed assets -€8,016
down €8,016 (-42.6%), from €18,813 to €10,797
of which Furniture and vehicles: -€8,594
- Profit (loss) carried forward +€34,967
up €34,967 (+91.3%), from €38,310 to €73,276
- Trade debts -€12,192
down €12,192 (-62.1%), from €19,641 to €7,449
- Tax, wage and social debts +€9,673
up €9,673 (+57.6%), from €16,788 to €26,461
of which Taxes: +€16,323
- Gross operating margin +€16,058
up €16,058 (+27.3%), from €58,914 to €74,972
- Taxes +€4,003
up €4,003 (+39.5%), from €10,138 to €14,142
- Depreciation +€1,252
up €1,252 (+15.1%), from €8,290 to €9,542
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €79,739 | €112,186 | +€32,447 | +40.7% |
| Fixed assets | 21/28 | €18,813 | €10,797 | -€8,016 | -42.6% |
| Tangible fixed assets | 22/27 | €18,813 | €10,797 | -€8,016 | -42.6% |
| Plant, machinery and equipment | 23 | €806 | €1,384 | +€579 | +71.8% |
| Furniture and vehicles | 24 | €18,007 | €9,413 | -€8,594 | -47.7% |
| Current assets | 29/58 | €60,926 | €101,389 | +€40,463 | +66.4% |
| Amounts receivable within one year | 40/41 | €49,352 | €78,448 | +€29,096 | +59.0% |
| Trade receivables | 40 | €19,970 | €25,851 | +€5,881 | +29.4% |
| Other amounts receivable | 41 | €29,382 | €52,597 | +€23,215 | +79.0% |
| Cash at bank and in hand | 54/58 | €11,574 | €22,941 | +€11,367 | +98.2% |
| Total equity and liabilities | 10/49 | €79,739 | €112,186 | +€32,447 | +40.7% |
| Equity | 10/15 | €43,310 | €78,276 | +€34,967 | +80.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,310 | €73,276 | +€34,967 | +91.3% |
| Amounts payable | 17/49 | €36,429 | €33,910 | -€2,520 | -6.9% |
| Amounts payable within one year | 42/48 | €36,429 | €33,910 | -€2,520 | -6.9% |
| Trade debts | 44 | €19,641 | €7,449 | -€12,192 | -62.1% |
| Suppliers | 440/4 | €19,641 | €7,449 | -€12,192 | -62.1% |
| Taxes, remuneration and social security | 45 | €16,788 | €26,461 | +€9,673 | +57.6% |
| Taxes | 450/3 | €10,138 | €26,461 | +€16,323 | +161% |
| Remuneration and social security | 454/9 | €6,650 | - | -€6,650 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,290 | €9,542 | +€1,252 | +15.1% |
| Other operating charges | 640/8 | €2,131 | €1,943 | -€189 | -8.8% |
| Gross operating margin | 9900 | €58,914 | €74,972 | +€16,058 | +27.3% |
| Operating profit (loss) | 9901 | €48,493 | €63,487 | +€14,995 | +30.9% |
| Financial income | 75/76B | €5 | €1 | -€4 | -88.7% |
| Recurring financial income | 75 | €5 | €1 | -€4 | -88.7% |
| Financial charges | 65/66B | €50 | €94 | +€44 | +88.4% |
| Recurring financial charges | 65 | €50 | €94 | +€44 | +88.4% |
| Profit (loss) for the period before taxes | 9903 | €48,448 | €63,394 | +€14,946 | +30.9% |
| Income taxes | 67/77 | €10,138 | €14,142 | +€4,003 | +39.5% |
| Profit (loss) for the period | 9904 | €38,310 | €49,252 | +€10,943 | +28.6% |
| Profit (loss) for the period to be appropriated | 9905 | €38,310 | €49,252 | +€10,943 | +28.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.