NICA: what changed
Two fiscal 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.
NICA
Largest movements
- Cash +€27,980
up €27,980 (+386.5%), from €7,240 to €35,221
mainly Net result for the year (+€15,195) and Receivables within one year (+€12,931)
- Receivables within one year -€12,931
down €12,931 (-79.2%), from €16,330 to €3,399
of which Trade receivables: -€11,677
- Profit (loss) carried forward +€15,195
up €15,195 (+90.7%), from €16,756 to €31,951
- Trade debts -€1,813
down €1,813 (-59.1%), from €3,066 to €1,253
- Tax, wage and social debts +€1,633
up €1,633 (+35.1%), from €4,647 to €6,281
of which Taxes: +€4,433
- Gross operating margin -€1,011
down €1,011 (-4.4%), from €22,990 to €21,979
- Taxes +€239
up €239 (+4.5%), from €5,362 to €5,601
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 | €27,303 | €42,415 | +€15,113 | +55.4% |
| Fixed assets | 21/28 | €2,747 | €2,877 | +€129 | +4.7% |
| Tangible fixed assets | 22/27 | €2,747 | €2,877 | +€129 | +4.7% |
| Land and buildings | 22 | €2,747 | €2,452 | -€295 | -10.8% |
| Furniture and vehicles | 24 | - | €425 | +€425 | |
| Current assets | 29/58 | €24,556 | €39,539 | +€14,983 | +61.0% |
| Amounts receivable within one year | 40/41 | €16,330 | €3,399 | -€12,931 | -79.2% |
| Trade receivables | 40 | €11,677 | - | -€11,677 | |
| Other amounts receivable | 41 | €4,654 | €3,399 | -€1,254 | -27.0% |
| Cash at bank and in hand | 54/58 | €7,240 | €35,221 | +€27,980 | +386.5% |
| Deferred charges and accrued income | 490/1 | €985 | €919 | -€66 | -6.7% |
| Total equity and liabilities | 10/49 | €27,303 | €42,415 | +€15,113 | +55.4% |
| Equity | 10/15 | €18,756 | €33,951 | +€15,195 | +81.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,756 | €31,951 | +€15,195 | +90.7% |
| Amounts payable | 17/49 | €8,547 | €8,464 | -€83 | -1.0% |
| Amounts payable within one year | 42/48 | €8,547 | €8,464 | -€83 | -1.0% |
| Trade debts | 44 | €3,066 | €1,253 | -€1,813 | -59.1% |
| Suppliers | 440/4 | €3,066 | €1,253 | -€1,813 | -59.1% |
| Taxes, remuneration and social security | 45 | €4,647 | €6,281 | +€1,633 | +35.1% |
| Taxes | 450/3 | €1,847 | €6,281 | +€4,433 | +240.0% |
| Remuneration and social security | 454/9 | €2,800 | - | -€2,800 | |
| Other amounts payable | 47/48 | €833 | €930 | +€97 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €207 | €370 | +€162 | +78.1% |
| Other operating charges | 640/8 | €534 | €603 | +€68 | +12.7% |
| Gross operating margin | 9900 | €22,990 | €21,979 | -€1,011 | -4.4% |
| Operating profit (loss) | 9901 | €22,248 | €21,007 | -€1,242 | -5.6% |
| Financial income | 75/76B | €3 | €111 | +€108 | +3601.0% |
| Recurring financial income | 75 | €3 | €111 | +€108 | +3601.0% |
| Financial charges | 65/66B | €134 | €322 | +€188 | +141.1% |
| Recurring financial charges | 65 | €134 | €322 | +€188 | +141.1% |
| Profit (loss) for the period before taxes | 9903 | €22,118 | €20,796 | -€1,322 | -6.0% |
| Income taxes | 67/77 | €5,362 | €5,601 | +€239 | +4.5% |
| Profit (loss) for the period | 9904 | €16,756 | €15,195 | -€1,561 | -9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,756 | €15,195 | -€1,561 | -9.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.