NIKO BUILDING: 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 BUILDING
Largest movements
- Receivables within one year +€16,172
up €16,172 (+24.3%), from €66,674 to €82,846
of which Trade receivables: +€25,351
- Cash -€8,206
down €8,206 (-66.2%), from €12,399 to €4,192
mainly Receivables within one year (-€16,172) and Tax, wage and social debts (-€13)
- Trade debts +€7,488
up €7,488 (+16.2%), from €46,181 to €53,669
of which Bills of exchange payable: +€16,535
- Gross operating margin -€3,280
down €3,280 (-58.7%), from €5,583 to €2,303
- Financial charges -€2,017
down €2,017 (-94.5%), from €2,134 to €117
of which Non-recurring financial charges: -€2,004
- Financial income -€451
no longer reported in 2025 (was €451)
of which Financial income: -€451
- Depreciation -€347
down €347 (-42.1%), from €824 to €477
- Taxes -€270
down €270 (-38.1%), from €708 to €438
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 | €80,122 | €87,610 | +€7,488 | +9.3% |
| Fixed assets | 21/28 | €1,049 | €572 | -€477 | -45.5% |
| Tangible fixed assets | 22/27 | €954 | €477 | -€477 | -50.0% |
| Plant, machinery and equipment | 23 | €954 | €477 | -€477 | -50.0% |
| Financial fixed assets | 28 | €94 | €94 | = | 0.0% |
| Current assets | 29/58 | €79,073 | €87,038 | +€7,965 | +10.1% |
| Amounts receivable within one year | 40/41 | €66,674 | €82,846 | +€16,172 | +24.3% |
| Trade receivables | 40 | €39,678 | €65,028 | +€25,351 | +63.9% |
| Other amounts receivable | 41 | €26,996 | €17,817 | -€9,179 | -34.0% |
| Cash at bank and in hand | 54/58 | €12,399 | €4,192 | -€8,206 | -66.2% |
| Total equity and liabilities | 10/49 | €80,122 | €87,610 | +€7,488 | +9.3% |
| Equity | 10/15 | €32,640 | €32,652 | +€12 | 0.0% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,640 | €26,652 | +€12 | 0.0% |
| Amounts payable | 17/49 | €47,482 | €54,958 | +€7,476 | +15.7% |
| Amounts payable within one year | 42/48 | €47,482 | €54,958 | +€7,476 | +15.7% |
| Trade debts | 44 | €46,181 | €53,669 | +€7,488 | +16.2% |
| Suppliers | 440/4 | €26,647 | €17,600 | -€9,047 | -33.9% |
| Bills of exchange payable | 441 | €19,534 | €36,069 | +€16,535 | +84.6% |
| Taxes, remuneration and social security | 45 | €1,301 | €1,289 | -€13 | -1.0% |
| Taxes | 450/3 | €1,301 | €1,289 | -€13 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €824 | €477 | -€347 | -42.1% |
| Other operating charges | 640/8 | €1,319 | €1,259 | -€60 | -4.6% |
| Gross operating margin | 9900 | €5,583 | €2,303 | -€3,280 | -58.7% |
| Operating profit (loss) | 9901 | €3,440 | €567 | -€2,873 | -83.5% |
| Financial income | 75/76B | €451 | - | -€451 | |
| Recurring financial income | 75 | €451 | - | -€451 | |
| Non-recurring financial income | 76B | €451 | - | -€451 | |
| Financial charges | 65/66B | €2,134 | €117 | -€2,017 | -94.5% |
| Recurring financial charges | 65 | €130 | €117 | -€13 | -10.1% |
| Non-recurring financial charges | 66B | €2,004 | - | -€2,004 | |
| Profit (loss) for the period before taxes | 9903 | €1,756 | €450 | -€1,306 | -74.4% |
| Income taxes | 67/77 | €708 | €438 | -€270 | -38.1% |
| Profit (loss) for the period | 9904 | €1,048 | €12 | -€1,036 | -98.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,048 | €12 | -€1,036 | -98.8% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.