NIQUEL MULTISERVICES: what changed
NIQUEL MULTISERVICES
Largest movements
- Cash +€6,547
up €6,547 (+11,018%), from €59 to €6,606
mainly Net result for the year (+€17,636) and Receivables within one year (+€4,293)
- Receivables within one year -€4,293
down €4,293 (-20.9%), from €20,525 to €16,232
of which Trade receivables: -€6,630
- Tangible fixed assets +€1,221
up €1,221 (+101%), from €1,214 to €2,435
of which Furniture and vehicles: +€778
- Profit (loss) carried forward +€17,636
up €17,636 (+87.9%), from -€20,071 to -€2,435
- Tax, wage and social debts -€7,550
down €7,550 (-65.3%), from €11,562 to €4,011
of which Remuneration and social security: -€6,140
- Current portion of long-term debt -€3,143
no longer reported in 2025 (was €3,143)
- Advances received -€1,955
down €1,955 (-94.4%), from €2,070 to €115
- Short-term financial debts -€1,110
no longer reported in 2025 (was €1,110)
- Gross operating margin +€20,160
up €20,160 (+41.3%), from €48,783 to €68,943
- Staff costs +€6,796
up €6,796 (+17.9%), from €37,879 to €44,675
- Financial charges +€2,163
up €2,163 (+213%), from €1,014 to €3,178
of which Non-recurring financial charges: +€2,232
- Taxes +€2,078
up €2,078 (+602%), from €345 to €2,423
- Financial income +€1,591
up €1,591 (+724%), from €220 to €1,811
of which Non-recurring financial income: +€1,791
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,895 | €26,616 | +€3,721 | +16.3% |
| Fixed assets | 21/28 | €1,390 | €2,612 | +€1,221 | +87.9% |
| Tangible fixed assets | 22/27 | €1,214 | €2,435 | +€1,221 | +101% |
| Plant, machinery and equipment | 23 | €1,071 | €1,514 | +€443 | +41.4% |
| Furniture and vehicles | 24 | €143 | €921 | +€778 | +544% |
| Financial fixed assets | 28 | €177 | €177 | = | 0.0% |
| Current assets | 29/58 | €21,505 | €24,005 | +€2,500 | +11.6% |
| Stocks and contracts in progress | 3 | €920 | €1,166 | +€246 | +26.8% |
| Stocks | 30/36 | €920 | €1,166 | +€246 | +26.8% |
| Amounts receivable within one year | 40/41 | €20,525 | €16,232 | -€4,293 | -20.9% |
| Trade receivables | 40 | €16,076 | €9,446 | -€6,630 | -41.2% |
| Other amounts receivable | 41 | €4,449 | €6,785 | +€2,337 | +52.5% |
| Cash at bank and in hand | 54/58 | €59 | €6,606 | +€6,547 | +11,018% |
| Total equity and liabilities | 10/49 | €22,895 | €26,616 | +€3,721 | +16.3% |
| Equity | 10/15 | -€1,471 | €16,165 | +€17,636 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,071 | -€2,435 | +€17,636 | +87.9% |
| Amounts payable | 17/49 | €24,366 | €10,451 | -€13,914 | -57.1% |
| Amounts payable within one year | 42/48 | €24,366 | €10,451 | -€13,914 | -57.1% |
| Current portion of amounts payable after more than one year | 42 | €3,143 | - | -€3,143 | |
| Financial debts | 43 | €1,110 | - | -€1,110 | |
| Credit institutions | 430/8 | €1,110 | - | -€1,110 | |
| Trade debts | 44 | €6,481 | €6,325 | -€156 | -2.4% |
| Suppliers | 440/4 | €6,481 | €6,325 | -€156 | -2.4% |
| Advances received on contracts in progress | 46 | €2,070 | €115 | -€1,955 | -94.4% |
| Taxes, remuneration and social security | 45 | €11,562 | €4,011 | -€7,550 | -65.3% |
| Taxes | 450/3 | €1,410 | - | -€1,410 | |
| Remuneration and social security | 454/9 | €10,151 | €4,011 | -€6,140 | -60.5% |
| Remuneration, social security and pensions | 62 | €37,879 | €44,675 | +€6,796 | +17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €565 | €574 | +€8 | +1.5% |
| Other operating charges | 640/8 | €1,685 | €2,269 | +€584 | +34.6% |
| Non-recurring operating charges | 66A | €8,603 | - | -€8,603 | |
| Gross operating margin | 9900 | €48,783 | €68,943 | +€20,160 | +41.3% |
| Operating profit (loss) | 9901 | €50 | €21,425 | +€21,375 | +42,802% |
| Financial income | 75/76B | €220 | €1,811 | +€1,591 | +724% |
| Recurring financial income | 75 | €220 | €21 | -€199 | -90.6% |
| Non-recurring financial income | 76B | - | €1,791 | +€1,791 | |
| Financial charges | 65/66B | €1,014 | €3,178 | +€2,163 | +213% |
| Recurring financial charges | 65 | €1,014 | €945 | -€69 | -6.8% |
| Non-recurring financial charges | 66B | - | €2,232 | +€2,232 | |
| Profit (loss) for the period before taxes | 9903 | -€745 | €20,059 | +€20,803 | |
| Income taxes | 67/77 | €345 | €2,423 | +€2,078 | +602% |
| Profit (loss) for the period | 9904 | -€1,090 | €17,636 | +€18,726 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,090 | €17,636 | +€18,726 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.