NIKOFORM: 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.
NIKOFORM
Largest movements
- Receivables within one year -€12,352
down €12,352 (-22.8%), from €54,098 to €41,746
of which Trade receivables: -€8,905
- Tangible fixed assets -€1,941
down €1,941 (-31.9%), from €6,082 to €4,141
of which Plant, machinery and equipment: -€1,170
- Cash +€1,210
up €1,210 (+22.9%), from €5,291 to €6,501
mainly Receivables within one year (+€12,352) and Depreciation (+€1,941)
- Profit (loss) carried forward -€8,122
down €8,122 (-29.8%), from €27,220 to €19,098
- Other debts -€3,739
down €3,739 (-93.5%), from €4,001 to €262
- Tax, wage and social debts -€1,175
down €1,175 (-22.7%), from €5,178 to €4,003
of which Remuneration and social security: -€857
- Gross operating margin -€13,759
down €13,759 (-89.3%), from €15,403 to €1,644
- Turnover -€9,593
down €9,593 (-9.3%), from €103,253 to €93,659
- Taxes +€4,676
up €4,676 (+288.8%), from €1,619 to €6,295
- Purchases and services +€4,038
up €4,038 (+4.6%), from €87,978 to €92,015
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 | €65,966 | €52,892 | -€13,074 | -19.8% |
| Fixed assets | 21/28 | €6,132 | €4,191 | -€1,941 | -31.6% |
| Tangible fixed assets | 22/27 | €6,082 | €4,141 | -€1,941 | -31.9% |
| Plant, machinery and equipment | 23 | €2,340 | €1,170 | -€1,170 | -50.0% |
| Other tangible fixed assets | 26 | €3,742 | €2,971 | -€771 | -20.6% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €59,834 | €48,700 | -€11,133 | -18.6% |
| Amounts receivable within one year | 40/41 | €54,098 | €41,746 | -€12,352 | -22.8% |
| Trade receivables | 40 | €49,611 | €40,706 | -€8,905 | -17.9% |
| Other amounts receivable | 41 | €4,487 | €1,040 | -€3,447 | -76.8% |
| Cash at bank and in hand | 54/58 | €5,291 | €6,501 | +€1,210 | +22.9% |
| Deferred charges and accrued income | 490/1 | €445 | €454 | +€8 | +1.9% |
| Total equity and liabilities | 10/49 | €65,966 | €52,892 | -€13,074 | -19.8% |
| Equity | 10/15 | €56,480 | €48,358 | -€8,122 | -14.4% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,220 | €19,098 | -€8,122 | -29.8% |
| Amounts payable | 17/49 | €9,486 | €4,534 | -€4,952 | -52.2% |
| Amounts payable within one year | 42/48 | €9,486 | €4,534 | -€4,952 | -52.2% |
| Trade debts | 44 | €308 | €269 | -€38 | -12.5% |
| Suppliers | 440/4 | €308 | €269 | -€38 | -12.5% |
| Taxes, remuneration and social security | 45 | €5,178 | €4,003 | -€1,175 | -22.7% |
| Taxes | 450/3 | €1,559 | €1,241 | -€318 | -20.4% |
| Remuneration and social security | 454/9 | €3,619 | €2,762 | -€857 | -23.7% |
| Other amounts payable | 47/48 | €4,001 | €262 | -€3,739 | -93.5% |
| Turnover | 70 | €103,253 | €93,659 | -€9,593 | -9.3% |
| Non-recurring operating income | 76A | €128 | - | -€128 | |
| Goods, raw materials, services and sundry goods | 60/61 | €87,978 | €92,015 | +€4,038 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,282 | €1,941 | +€659 | +51.4% |
| Other operating charges | 640/8 | €1,091 | €1,495 | +€404 | +37.0% |
| Gross operating margin | 9900 | €15,403 | €1,644 | -€13,759 | -89.3% |
| Operating profit (loss) | 9901 | €13,030 | -€1,792 | -€14,822 | |
| Financial income | 75/76B | €2 | €26 | +€24 | +1088.1% |
| Recurring financial income | 75 | €2 | €26 | +€24 | +1088.1% |
| Financial charges | 65/66B | €152 | €61 | -€91 | -59.7% |
| Recurring financial charges | 65 | €152 | €61 | -€91 | -59.7% |
| Profit (loss) for the period before taxes | 9903 | €12,880 | -€1,827 | -€14,708 | |
| Income taxes | 67/77 | €1,619 | €6,295 | +€4,676 | +288.8% |
| Profit (loss) for the period | 9904 | €11,262 | -€8,122 | -€19,384 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,262 | -€8,122 | -€19,384 |
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.