TRANS NICKMANS: 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.
TRANS NICKMANS
Largest movements
- Receivables within one year -€10,942
down €10,942 (-39.4%), from €27,781 to €16,839
of which Other amounts receivable: -€10,942
- Tangible fixed assets -€6,620
down €6,620 (-36.7%), from €18,053 to €11,433
- Deferred charges and accrued income +€3,516
up €3,516 (+2084.6%), from €169 to €3,685
- Profit (loss) carried forward -€11,418
down €11,418 (-30.1%), from €37,897 to €26,479
- Debts after one year -€7,078
down €7,078 (-53.9%), from €13,140 to €6,063
- Trade debts +€4,169
up €4,169 (+442.2%), from €943 to €5,112
- Short-term financial debts +€1,730
up €1,730 (+226.7%), from €763 to €2,493
- Gross operating margin -€32,117
down €32,117, from €26,979 to -€5,138
- Taxes -€6,415
down €6,415 (-99.6%), from €6,444 to €29
- Financial income +€411
up €411 (+24.7%), from €1,663 to €2,075
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 | €112,871 | €99,660 | -€13,211 | -11.7% |
| Fixed assets | 21/28 | €18,053 | €11,433 | -€6,620 | -36.7% |
| Tangible fixed assets | 22/27 | €18,053 | €11,433 | -€6,620 | -36.7% |
| Furniture and vehicles | 24 | €18,053 | €11,433 | -€6,620 | -36.7% |
| Current assets | 29/58 | €94,818 | €88,227 | -€6,591 | -7.0% |
| Amounts receivable after more than one year | 29 | €66,868 | €67,697 | +€829 | +1.2% |
| Trade receivables | 290 | €66,868 | €67,697 | +€829 | +1.2% |
| Amounts receivable within one year | 40/41 | €27,781 | €16,839 | -€10,942 | -39.4% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €27,781 | €16,839 | -€10,942 | -39.4% |
| Cash at bank and in hand | 54/58 | €0 | €7 | +€6 | +1678.4% |
| Deferred charges and accrued income | 490/1 | €169 | €3,685 | +€3,516 | +2084.6% |
| Total equity and liabilities | 10/49 | €112,871 | €99,660 | -€13,211 | -11.7% |
| Equity | 10/15 | €88,847 | €77,429 | -€11,418 | -12.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €32,350 | €32,350 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €30,490 | €30,490 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,897 | €26,479 | -€11,418 | -30.1% |
| Provisions and deferred taxes | 16 | - | €0 | = | |
| Provisions for liabilities and charges | 160/5 | - | €0 | = | |
| Major repairs and maintenance | 162 | - | €0 | = | |
| Amounts payable | 17/49 | €24,024 | €22,231 | -€1,793 | -7.5% |
| Amounts payable after more than one year | 17 | €13,140 | €6,063 | -€7,078 | -53.9% |
| Financial debts | 170/4 | €13,140 | €6,063 | -€7,078 | -53.9% |
| Amounts payable within one year | 42/48 | €10,884 | €16,168 | +€5,284 | +48.6% |
| Current portion of amounts payable after more than one year | 42 | €6,868 | €7,076 | +€208 | +3.0% |
| Financial debts | 43 | €763 | €2,493 | +€1,730 | +226.7% |
| Credit institutions | 430/8 | €763 | €2,493 | +€1,730 | +226.7% |
| Trade debts | 44 | €943 | €5,112 | +€4,169 | +442.2% |
| Suppliers | 440/4 | €943 | €5,112 | +€4,169 | +442.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €2,310 | €1,486 | -€823 | -35.6% |
| Taxes | 450/3 | €2,310 | €1,486 | -€823 | -35.6% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,620 | €6,620 | = | 0.0% |
| Other operating charges | 640/8 | €718 | €537 | -€180 | -25.1% |
| Non-recurring operating charges | 66A | - | €50 | +€50 | |
| Gross operating margin | 9900 | €26,979 | -€5,138 | -€32,117 | |
| Operating profit (loss) | 9901 | €19,641 | -€12,345 | -€31,986 | |
| Financial income | 75/76B | €1,663 | €2,075 | +€411 | +24.7% |
| Recurring financial income | 75 | €1,663 | €2,075 | +€411 | +24.7% |
| Financial charges | 65/66B | €1,340 | €1,118 | -€222 | -16.6% |
| Recurring financial charges | 65 | €1,340 | €1,118 | -€222 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €19,964 | -€11,389 | -€31,353 | |
| Income taxes | 67/77 | €6,444 | €29 | -€6,415 | -99.6% |
| Profit (loss) for the period | 9904 | €13,520 | -€11,418 | -€24,938 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,520 | -€11,418 | -€24,938 |
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 9 October 2026 via checked.be.