NUNIKA: 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.
NUNIKA
Largest movements
- Receivables within one year +€133,288
up €133,288 (+78.5%), from €169,754 to €303,042
of which Trade receivables: +€191,860
- Tangible fixed assets +€26,081
up €26,081 (+14.4%), from €181,355 to €207,437
of which Leasing and similar rights: +€58,365
- Cash -€18,356
down €18,356 (-16.6%), from €110,902 to €92,547
mainly Receivables within one year (-€133,288) and Contributions, distributions and other (-€90,000)
- Stocks and contracts -€12,444
down €12,444 (-4.6%), from €270,189 to €257,745
- Other debts +€90,000
new in 2026: €90,000
- Current portion of long-term debt -€45,603
down €45,603 (-40.7%), from €112,006 to €66,403
- Reserves +€26,649
up €26,649 (+23.2%), from €114,726 to €141,375
- Tax, wage and social debts +€20,116
up €20,116 (+68.3%), from €29,461 to €49,577
of which Remuneration and social security: +€17,645
- Trade debts +€14,744
up €14,744 (+22.1%), from €66,669 to €81,412
- Gross operating margin +€156,578
up €156,578 (+44.8%), from €349,570 to €506,147
- Staff costs +€32,183
up €32,183 (+11.9%), from €270,709 to €302,892
- Financial income -€20,040
down €20,040 (-79.0%), from €25,380 to €5,340
- Depreciation +€14,607
up €14,607 (+32.9%), from €44,336 to €58,943
- Financial charges +€10,560
up €10,560 (+54.5%), from €19,386 to €29,946
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €735,817 | €864,115 | +€128,298 | +17.4% |
| Fixed assets | 21/28 | €181,355 | €207,437 | +€26,081 | +14.4% |
| Tangible fixed assets | 22/27 | €181,355 | €207,437 | +€26,081 | +14.4% |
| Plant, machinery and equipment | 23 | €83,754 | €66,908 | -€16,846 | -20.1% |
| Furniture and vehicles | 24 | €303 | €0 | -€303 | -100% |
| Leasing and similar rights | 25 | - | €58,365 | +€58,365 | |
| Other tangible fixed assets | 26 | €97,298 | €82,164 | -€15,135 | -15.6% |
| Current assets | 29/58 | €554,462 | €656,679 | +€102,217 | +18.4% |
| Stocks and contracts in progress | 3 | €270,189 | €257,745 | -€12,444 | -4.6% |
| Stocks | 30/36 | €270,189 | €257,745 | -€12,444 | -4.6% |
| Amounts receivable within one year | 40/41 | €169,754 | €303,042 | +€133,288 | +78.5% |
| Trade receivables | 40 | €50,504 | €242,364 | +€191,860 | +380% |
| Other amounts receivable | 41 | €119,249 | €60,678 | -€58,572 | -49.1% |
| Cash at bank and in hand | 54/58 | €110,902 | €92,547 | -€18,356 | -16.6% |
| Deferred charges and accrued income | 490/1 | €3,617 | €3,345 | -€272 | -7.5% |
| Total equity and liabilities | 10/49 | €735,817 | €864,115 | +€128,298 | +17.4% |
| Equity | 10/15 | €189,726 | €216,375 | +€26,649 | +14.0% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €114,726 | €141,375 | +€26,649 | +23.2% |
| Distributable reserves | 133 | €114,726 | €141,375 | +€26,649 | +23.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €546,092 | €647,740 | +€101,649 | +18.6% |
| Amounts payable after more than one year | 17 | €331,827 | €346,438 | +€14,612 | +4.4% |
| Financial debts | 170/4 | €62,045 | €55,227 | -€6,818 | -11.0% |
| Trade debts | 175 | €269,782 | €291,211 | +€21,429 | +7.9% |
| Amounts payable within one year | 42/48 | €208,136 | €287,392 | +€79,256 | +38.1% |
| Current portion of amounts payable after more than one year | 42 | €112,006 | €66,403 | -€45,603 | -40.7% |
| Trade debts | 44 | €66,669 | €81,412 | +€14,744 | +22.1% |
| Suppliers | 440/4 | €66,669 | €81,412 | +€14,744 | +22.1% |
| Taxes, remuneration and social security | 45 | €29,461 | €49,577 | +€20,116 | +68.3% |
| Taxes | 450/3 | - | €2,471 | +€2,471 | |
| Remuneration and social security | 454/9 | €29,461 | €47,106 | +€17,645 | +59.9% |
| Other amounts payable | 47/48 | - | €90,000 | +€90,000 | |
| Accrued charges and deferred income | 492/3 | €6,129 | €13,910 | +€7,780 | +127% |
| Remuneration, social security and pensions | 62 | €270,709 | €302,892 | +€32,183 | +11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,336 | €58,943 | +€14,607 | +32.9% |
| Other operating charges | 640/8 | €2,777 | €2,376 | -€400 | -14.4% |
| Gross operating margin | 9900 | €349,570 | €506,147 | +€156,578 | +44.8% |
| Operating profit (loss) | 9901 | €31,749 | €141,936 | +€110,188 | +347% |
| Financial income | 75/76B | €25,380 | €5,340 | -€20,040 | -79.0% |
| Recurring financial income | 75 | €25,380 | €5,340 | -€20,040 | -79.0% |
| Financial charges | 65/66B | €19,386 | €29,946 | +€10,560 | +54.5% |
| Recurring financial charges | 65 | €19,386 | €29,946 | +€10,560 | +54.5% |
| Profit (loss) for the period before taxes | 9903 | €37,742 | €117,330 | +€79,588 | +211% |
| Income taxes | 67/77 | €2,409 | €681 | -€1,728 | -71.7% |
| Profit (loss) for the period | 9904 | €35,333 | €116,649 | +€81,317 | +230% |
| Profit (loss) for the period to be appropriated | 9905 | €35,333 | €116,649 | +€81,317 | +230% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.