ST.NICOLAAS: what changed
ST.NICOLAAS
Largest movements
- Cash +€35,984
up €35,984 (+271%), from €13,266 to €49,250
mainly Net result for the year (+€13,595) and Trade debts (+€10,421)
- Receivables within one year -€3,198
down €3,198 (-96.0%), from €3,332 to €135
of which Trade receivables: -€3,332
- Stocks and contracts +€2,216
up €2,216 (+45.9%), from €4,827 to €7,043
- Profit (loss) carried forward +€13,595
up €13,595, from -€1,796 to €11,799
- Trade debts +€10,421
up €10,421 (+95.3%), from €10,938 to €21,360
- Other debts +€6,130
up €6,130 (+2,665%), from €230 to €6,360
- Short-term financial debts +€4,997
new in 2025: €4,997
- Tax, wage and social debts -€677
down €677 (-4.3%), from €15,827 to €15,150
- Purchases and services +€34,577
up €34,577 (+18.2%), from €190,058 to €224,635
- Gross operating margin -€27,025
down €27,025 (-56.2%), from €48,093 to €21,069
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 | €32,200 | €66,666 | +€34,466 | +107% |
| Fixed assets | 21/28 | €7,984 | €7,984 | = | 0.0% |
| Financial fixed assets | 28 | €7,984 | €7,984 | = | 0.0% |
| Current assets | 29/58 | €24,216 | €58,682 | +€34,466 | +142% |
| Stocks and contracts in progress | 3 | €4,827 | €7,043 | +€2,216 | +45.9% |
| Stocks | 30/36 | €4,827 | €7,043 | +€2,216 | +45.9% |
| Amounts receivable within one year | 40/41 | €3,332 | €135 | -€3,198 | -96.0% |
| Trade receivables | 40 | €3,332 | - | -€3,332 | |
| Other amounts receivable | 41 | - | €135 | +€135 | |
| Cash at bank and in hand | 54/58 | €13,266 | €49,250 | +€35,984 | +271% |
| Deferred charges and accrued income | 490/1 | €2,791 | €2,255 | -€536 | -19.2% |
| Total equity and liabilities | 10/49 | €32,200 | €66,666 | +€34,466 | +107% |
| Equity | 10/15 | €5,204 | €18,799 | +€13,595 | +261% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Capital | 10 | €7,000 | €7,000 | = | 0.0% |
| Issued capital | 100 | €7,000 | €20,000 | +€13,000 | +186% |
| Uncalled capital | 101 | - | €13,000 | +€13,000 | |
| Profit (loss) carried forward | 14 | -€1,796 | €11,799 | +€13,595 | |
| Amounts payable | 17/49 | €26,995 | €47,867 | +€20,871 | +77.3% |
| Amounts payable within one year | 42/48 | €26,995 | €47,867 | +€20,871 | +77.3% |
| Financial debts | 43 | - | €4,997 | +€4,997 | |
| Credit institutions | 430/8 | - | €4,997 | +€4,997 | |
| Trade debts | 44 | €10,938 | €21,360 | +€10,421 | +95.3% |
| Suppliers | 440/4 | €10,938 | €21,360 | +€10,421 | +95.3% |
| Taxes, remuneration and social security | 45 | €15,827 | €15,150 | -€677 | -4.3% |
| Taxes | 450/3 | €15,827 | €15,150 | -€677 | -4.3% |
| Other amounts payable | 47/48 | €230 | €6,360 | +€6,130 | +2,665% |
| Turnover | 70 | €238,152 | €239,654 | +€1,502 | +0.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €190,058 | €224,635 | +€34,577 | +18.2% |
| Other operating charges | 640/8 | €2,110 | €2,412 | +€302 | +14.3% |
| Gross operating margin | 9900 | €48,093 | €21,069 | -€27,025 | -56.2% |
| Operating profit (loss) | 9901 | €45,983 | €18,657 | -€27,326 | -59.4% |
| Financial income | 75/76B | €75 | - | -€75 | |
| Recurring financial income | 75 | €75 | - | -€75 | |
| Financial charges | 65/66B | €7,443 | €5,061 | -€2,382 | -32.0% |
| Recurring financial charges | 65 | €7,443 | €5,061 | -€2,382 | -32.0% |
| Profit (loss) for the period before taxes | 9903 | €38,615 | €13,595 | -€25,020 | -64.8% |
| Income taxes | 67/77 | €22 | - | -€22 | |
| Profit (loss) for the period | 9904 | €38,593 | €13,595 | -€24,998 | -64.8% |
| Profit (loss) for the period to be appropriated | 9905 | €38,593 | €13,595 | -€24,998 | -64.8% |
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 6 November 2026 via checked.be.