NMK NIKOCI: 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.
NMK NIKOCI
Largest movements
- Tangible fixed assets -€14,457
down €14,457 (-4.5%), from €317,746 to €303,289
of which Land and buildings: -€7,804
- Receivables within one year -€5,611
down €5,611 (-34.2%), from €16,397 to €10,786
of which Other amounts receivable: -€4,984
- Cash -€4,008
down €4,008 (-73.3%), from €5,472 to €1,463
mainly Debts after one year (-€22,434) and Tax, wage and social debts (-€16,495)
- Debts after one year -€22,434
down €22,434 (-17.2%), from €130,731 to €108,298
- Tax, wage and social debts -€16,495
down €16,495 (-87.2%), from €18,920 to €2,425
of which Taxes: -€12,261
- Other debts +€16,064
up €16,064 (+22.2%), from €72,401 to €88,465
- Trade debts -€12,302
down €12,302 (-79.4%), from €15,497 to €3,196
- Profit (loss) carried forward +€6,669
up €6,669, from -€6,669 to €0
- Staff costs -€21,210
down €21,210 (-97.1%), from €21,836 to €626
- Gross operating margin -€12,579
down €12,579 (-30.4%), from €41,402 to €28,823
- Depreciation -€2,943
down €2,943 (-19.0%), from €15,480 to €12,538
- Other operating charges -€1,763
down €1,763 (-37.6%), from €4,689 to €2,926
- Taxes -€1,260
down €1,260 (-68.7%), from €1,833 to €573
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.
Cash bridge derived
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 | €350,087 | €320,050 | -€30,036 | -8.6% |
| Fixed assets | 21/28 | €318,180 | €303,289 | -€14,892 | -4.7% |
| Intangible fixed assets | 21 | €354 | €0 | -€354 | -100.0% |
| Tangible fixed assets | 22/27 | €317,746 | €303,289 | -€14,457 | -4.5% |
| Land and buildings | 22 | €287,518 | €279,713 | -€7,804 | -2.7% |
| Plant, machinery and equipment | 23 | €28,747 | €22,917 | -€5,830 | -20.3% |
| Furniture and vehicles | 24 | €1,481 | €659 | -€823 | -55.5% |
| Financial fixed assets | 28 | €80 | €0 | -€80 | -100.0% |
| Current assets | 29/58 | €31,906 | €16,762 | -€15,145 | -47.5% |
| Stocks and contracts in progress | 3 | €2,780 | €0 | -€2,780 | -100.0% |
| Stocks | 30/36 | €2,780 | €0 | -€2,780 | -100.0% |
| Amounts receivable within one year | 40/41 | €16,397 | €10,786 | -€5,611 | -34.2% |
| Trade receivables | 40 | €9,223 | €8,596 | -€627 | -6.8% |
| Other amounts receivable | 41 | €7,174 | €2,190 | -€4,984 | -69.5% |
| Cash at bank and in hand | 54/58 | €5,472 | €1,463 | -€4,008 | -73.3% |
| Deferred charges and accrued income | 490/1 | €7,258 | €4,513 | -€2,746 | -37.8% |
| Total equity and liabilities | 10/49 | €350,087 | €320,050 | -€30,036 | -8.6% |
| Equity | 10/15 | €87,457 | €94,287 | +€6,830 | +7.8% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €94,027 | €94,187 | +€160 | +0.2% |
| Distributable reserves | 133 | €94,027 | €94,187 | +€160 | +0.2% |
| Profit (loss) carried forward | 14 | -€6,669 | €0 | +€6,669 | |
| Amounts payable | 17/49 | €262,629 | €225,763 | -€36,866 | -14.0% |
| Amounts payable after more than one year | 17 | €130,731 | €108,298 | -€22,434 | -17.2% |
| Financial debts | 170/4 | €130,731 | €108,298 | -€22,434 | -17.2% |
| Amounts payable within one year | 42/48 | €128,841 | €116,520 | -€12,322 | -9.6% |
| Current portion of amounts payable after more than one year | 42 | €22,023 | €22,434 | +€411 | +1.9% |
| Trade debts | 44 | €15,497 | €3,196 | -€12,302 | -79.4% |
| Suppliers | 440/4 | €15,497 | €3,196 | -€12,302 | -79.4% |
| Taxes, remuneration and social security | 45 | €18,920 | €2,425 | -€16,495 | -87.2% |
| Taxes | 450/3 | €14,686 | €2,425 | -€12,261 | -83.5% |
| Remuneration and social security | 454/9 | €4,234 | €0 | -€4,234 | -100.0% |
| Other amounts payable | 47/48 | €72,401 | €88,465 | +€16,064 | +22.2% |
| Accrued charges and deferred income | 492/3 | €3,056 | €946 | -€2,111 | -69.1% |
| Non-recurring operating income | 76A | €2,556 | €2,373 | -€183 | -7.2% |
| Remuneration, social security and pensions | 62 | €21,836 | €626 | -€21,210 | -97.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,480 | €12,538 | -€2,943 | -19.0% |
| Other operating charges | 640/8 | €4,689 | €2,926 | -€1,763 | -37.6% |
| Non-recurring operating charges | 66A | €543 | €1,917 | +€1,374 | +252.8% |
| Gross operating margin | 9900 | €41,402 | €28,823 | -€12,579 | -30.4% |
| Operating profit (loss) | 9901 | -€1,147 | €10,816 | +€11,962 | |
| Financial income | 75/76B | €2 | €4 | +€2 | +80.5% |
| Recurring financial income | 75 | €2 | €4 | +€2 | +80.5% |
| Financial charges | 65/66B | €3,692 | €3,418 | -€275 | -7.4% |
| Recurring financial charges | 65 | €3,692 | €3,418 | -€275 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,837 | €7,403 | +€12,239 | |
| Income taxes | 67/77 | €1,833 | €573 | -€1,260 | -68.7% |
| Profit (loss) for the period | 9904 | -€6,669 | €6,830 | +€13,499 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,669 | €6,830 | +€13,499 |
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 11 October 2026 via checked.be.