NVH Construct
Annual accounts 2025
micro format, filed on 27-07-2026, 4 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €91,000. Estimated: probably between €51,000 and €150,000.
Balance sheet
balance sheet total €42,560 on 31-12-2025in euro
in euro
Position in the sector
16.8%
Higher than 19% of 37,177 companies in 2025.
0.63
Higher than 10% of 36,472 companies in 2025.
4.6%
Higher than 42% of 36,707 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
42,560 | 16,103 | 36,189 | 7,878 | |
21/28 |
28,859 | 0 | 24,247 | - | |
22/27 |
28,859 | 0 | 24,247 | - | |
24 |
28,859 | 0 | 24,247 | - | |
29/58 |
13,701 | 16,103 | 11,943 | 7,878 | |
3 |
- | 0 | 2,505 | - | |
37 |
- | 0 | 2,505 | - | |
40/41 |
7,164 | 4,132 | 3,433 | 881 | |
40 |
5,243 | 3,758 | 2,360 | 0 | |
41 |
1,921 | 374 | 1,073 | 881 | |
54/58 |
6,537 | 11,971 | 6,005 | 6,997 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
42,560 | 16,103 | 36,189 | 7,878 | |
10/15 |
7,138 | 5,181 | 3,995 | 4,182 | |
10/11 |
2,000 | 2,000 | 2,000 | 2,000 | |
14 |
5,138 | 3,181 | 1,995 | 2,182 | |
17/49 |
35,422 | 10,922 | 32,194 | 3,696 | |
17 |
13,557 | 0 | 17,537 | - | |
170/4 |
13,557 | 0 | 17,537 | - | |
42/48 |
21,865 | 10,922 | 14,657 | 3,696 | |
42 |
9,207 | 0 | 7,242 | - | |
44 |
186 | 219 | 466 | 0 | |
440/4 |
186 | 219 | 466 | 0 | |
45 |
11,563 | 9,953 | 6,927 | 3,696 | |
450/3 |
4,063 | 8,453 | 3,677 | 3,696 | |
454/9 |
7,500 | 1,500 | 3,250 | 0 | |
47/48 |
910 | 750 | 23 | - | |
| Income statement | |||||
76A |
- | 5,753 | - | - | |
9900 |
7,756 | 3,389 | 8,259 | 3,334 | |
62 |
- | - | - | 0 | |
630 |
4,141 | 0 | 5,753 | - | |
640/8 |
186 | 182 | 360 | 459 | |
9901 |
3,429 | 3,207 | 2,145 | 2,875 | |
75/76B |
0 | 2 | - | - | |
75 |
0 | 2 | - | - | |
65/66B |
949 | 1,727 | 1,759 | - | |
65 |
949 | 1,727 | 1,759 | - | |
66B |
- | 0 | - | - | |
9903 |
2,480 | 1,482 | 387 | 2,875 | |
67/77 |
523 | 296 | 223 | 693 | |
9904 |
1,957 | 1,186 | 163 | 2,182 | |
9905 |
1,957 | 1,186 | 163 | 2,182 | |
| Appropriation of the result | |||||
9906 |
5,138 | 3,181 | 2,345 | 2,182 | |
14P |
3,181 | 1,995 | 2,182 | - | |
694/7 |
- | - | 350 | - | |
695 |
- | - | 350 | - | |
| Document | |||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 27-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 7,570 | 3,207 | 7,899 | - | ||
| 6,098 | 1,186 | 5,917 | - | ||
| 33,000 | -24,247 | 30,000 | - | ||
| -5,434 | 5,966 | -992 | - | ||
| -8,164 | 5,181 | -2,714 | 4,182 | ||
| 16.8% | 32.2% | 11.0% | 53.1% | ||
| 0.63 | 1.47 | 0.81 | 2.13 | ||
| 0.63 | 1.47 | 0.64 | 2.13 | ||
| 4.96 | 2.11 | 8.06 | 0.88 | ||
| 27.4% | 22.9% | 4.1% | 52.2% | ||
| 4.6% | 7.4% | 0.5% | 27.7% | ||
| 7.98 | 1.86 | 4.49 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | €33,000 | - | €30,000 | - |
| €4,141 | €0 | €5,753 | - |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on NVH Construct
The operating result for 2025 is 7% higher than in 2024 and the highest since 2022. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total rises from 67.8% to 83.2%. Equity and debt are higher.