NIKO PAINT: 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 PAINT
Largest movements
- Receivables within one year +€13,756
up €13,756 (+105%), from €13,141 to €26,898
of which Trade receivables: +€10,440
- Cash -€1,761
down €1,761 (-22.2%), from €7,922 to €6,161
mainly Receivables within one year (-€13,756)
- Tangible fixed assets -€418
down €418 (-41.8%), from €1,001 to €582
- Tax, wage and social debts +€9,777
up €9,777 (+301%), from €3,244 to €13,021
of which Remuneration and social security: +€10,130
- Trade debts +€1,043
new in 2025: €1,043
- Profit (loss) carried forward +€565
up €565 (+4.4%), from €12,958 to €13,523
- Gross operating margin -€2,750
down €2,750 (-46.0%), from €5,972 to €3,222
- Taxes -€1,043
down €1,043, from €815 to -€228
- Other operating charges +€285
up €285 (+56.0%), from €510 to €795
- Depreciation -€187
down €187 (-30.9%), from €606 to €418
- Financial charges +€135
up €135 (+8.8%), from €1,536 to €1,672
of which Financial charges: +€171
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 | €22,064 | €33,641 | +€11,577 | +52.5% |
| Fixed assets | 21/28 | €1,001 | €582 | -€418 | -41.8% |
| Tangible fixed assets | 22/27 | €1,001 | €582 | -€418 | -41.8% |
| Furniture and vehicles | 24 | €1,001 | €582 | -€418 | -41.8% |
| Current assets | 29/58 | €21,063 | €33,059 | +€11,995 | +56.9% |
| Amounts receivable within one year | 40/41 | €13,141 | €26,898 | +€13,756 | +105% |
| Trade receivables | 40 | €1,723 | €12,163 | +€10,440 | +606% |
| Other amounts receivable | 41 | €11,418 | €14,735 | +€3,317 | +29.0% |
| Cash at bank and in hand | 54/58 | €7,922 | €6,161 | -€1,761 | -22.2% |
| Total equity and liabilities | 10/49 | €22,064 | €33,641 | +€11,577 | +52.5% |
| Equity | 10/15 | €15,958 | €16,523 | +€565 | +3.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,958 | €13,523 | +€565 | +4.4% |
| Amounts payable | 17/49 | €6,107 | €17,119 | +€11,012 | +180% |
| Amounts payable within one year | 42/48 | €6,107 | €17,119 | +€11,012 | +180% |
| Trade debts | 44 | - | €1,043 | +€1,043 | |
| Suppliers | 440/4 | - | €1,043 | +€1,043 | |
| Taxes, remuneration and social security | 45 | €3,244 | €13,021 | +€9,777 | +301% |
| Taxes | 450/3 | €940 | €587 | -€354 | -37.6% |
| Remuneration and social security | 454/9 | €2,303 | €12,434 | +€10,130 | +440% |
| Other amounts payable | 47/48 | €2,863 | €3,055 | +€192 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €606 | €418 | -€187 | -30.9% |
| Other operating charges | 640/8 | €510 | €795 | +€285 | +56.0% |
| Gross operating margin | 9900 | €5,972 | €3,222 | -€2,750 | -46.0% |
| Operating profit (loss) | 9901 | €4,857 | €2,009 | -€2,848 | -58.6% |
| Financial charges | 65/66B | €1,536 | €1,672 | +€135 | +8.8% |
| Recurring financial charges | 65 | €1,501 | €1,672 | +€171 | +11.4% |
| Non-recurring financial charges | 66B | €35 | - | -€35 | |
| Profit (loss) for the period before taxes | 9903 | €3,321 | €337 | -€2,984 | -89.9% |
| Income taxes | 67/77 | €815 | -€228 | -€1,043 | |
| Profit (loss) for the period | 9904 | €2,506 | €565 | -€1,941 | -77.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,506 | €565 | -€1,941 | -77.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.