NKKN: what changed
NKKN
Largest movements
- Cash -€13,523
down €13,523 (-89.0%), from €15,202 to €1,679
mainly Trade debts (-€9,491) and Receivables within one year (-€9,014)
- Receivables within one year +€9,014
up €9,014 (+127%), from €7,091 to €16,105
of which Trade receivables: +€9,393
- Tangible fixed assets -€755
down €755 (-49.6%), from €1,522 to €768
- Trade debts -€9,491
down €9,491 (-69.9%), from €13,570 to €4,079
- Tax, wage and social debts +€5,257
up €5,257 (+109%), from €4,822 to €10,079
- Other debts -€912
down €912 (-100%), from €912 to €0
- Profit (loss) carried forward -€454
down €454 (-28.6%), from -€1,587 to -€2,041
- Gross operating margin +€10,596
up €10,596, from -€5,250 to €5,346
- Taxes +€2,554
up €2,554 (+345%), from €741 to €3,295
- Other operating charges -€312
down €312 (-25.4%), from €1,226 to €914
- Financial charges -€175
down €175 (-16.8%), from €1,043 to €867
- Depreciation +€84
up €84 (+12.6%), from €670 to €755
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 | €24,034 | €18,664 | -€5,370 | -22.3% |
| Fixed assets | 21/28 | €1,522 | €768 | -€755 | -49.6% |
| Tangible fixed assets | 22/27 | €1,522 | €768 | -€755 | -49.6% |
| Furniture and vehicles | 24 | €1,522 | €768 | -€755 | -49.6% |
| Current assets | 29/58 | €22,512 | €17,896 | -€4,616 | -20.5% |
| Amounts receivable within one year | 40/41 | €7,091 | €16,105 | +€9,014 | +127% |
| Trade receivables | 40 | €5,266 | €14,659 | +€9,393 | +178% |
| Other amounts receivable | 41 | €1,825 | €1,446 | -€380 | -20.8% |
| Cash at bank and in hand | 54/58 | €15,202 | €1,679 | -€13,523 | -89.0% |
| Deferred charges and accrued income | 490/1 | €219 | €112 | -€107 | -48.7% |
| Total equity and liabilities | 10/49 | €24,034 | €18,664 | -€5,370 | -22.3% |
| Equity | 10/15 | €3,413 | €2,959 | -€454 | -13.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€1,587 | -€2,041 | -€454 | -28.6% |
| Amounts payable | 17/49 | €20,621 | €15,705 | -€4,916 | -23.8% |
| Amounts payable within one year | 42/48 | €20,621 | €15,705 | -€4,916 | -23.8% |
| Financial debts | 43 | €1,316 | €1,547 | +€230 | +17.5% |
| Credit institutions | 430/8 | €1,316 | €1,547 | +€230 | +17.5% |
| Trade debts | 44 | €13,570 | €4,079 | -€9,491 | -69.9% |
| Suppliers | 440/4 | €13,570 | €4,079 | -€9,491 | -69.9% |
| Taxes, remuneration and social security | 45 | €4,822 | €10,079 | +€5,257 | +109% |
| Taxes | 450/3 | €4,822 | €10,079 | +€5,257 | +109% |
| Other amounts payable | 47/48 | €912 | €0 | -€912 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €670 | €755 | +€84 | +12.6% |
| Other operating charges | 640/8 | €1,226 | €914 | -€312 | -25.4% |
| Gross operating margin | 9900 | -€5,250 | €5,346 | +€10,596 | |
| Operating profit (loss) | 9901 | -€7,146 | €3,677 | +€10,824 | |
| Financial income | 75/76B | €0 | €31 | +€30 | +11,696% |
| Recurring financial income | 75 | €0 | €31 | +€30 | +11,696% |
| Financial charges | 65/66B | €1,043 | €867 | -€175 | -16.8% |
| Recurring financial charges | 65 | €1,043 | €867 | -€175 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | -€8,189 | €2,841 | +€11,029 | |
| Income taxes | 67/77 | €741 | €3,295 | +€2,554 | +345% |
| Profit (loss) for the period | 9904 | -€8,929 | -€454 | +€8,475 | +94.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,929 | -€454 | +€8,475 | +94.9% |
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 7 November 2026 via checked.be.