GROUP - NVC: 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.
GROUP - NVC
Largest movements
- Receivables within one year -€1,564
down €1,564 (-4.5%), from €34,557 to €32,993
- Profit (loss) carried forward -€1,564
down €1,564 (-13.7%), from €11,442 to €9,878
- Gross operating margin -€15,080
down €15,080, from €13,516 to -€1,564
- Depreciation -€3,567
no longer reported in 2025 (was €3,567)
- Taxes -€2,655
no longer reported in 2025 (was €2,655)
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.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,557 | €32,993 | -€1,564 | -4.5% |
| Current assets | 29/58 | €34,557 | €32,993 | -€1,564 | -4.5% |
| Amounts receivable within one year | 40/41 | €34,557 | €32,993 | -€1,564 | -4.5% |
| Trade receivables | 40 | €34,557 | €32,993 | -€1,564 | -4.5% |
| Total equity and liabilities | 10/49 | €34,557 | €32,993 | -€1,564 | -4.5% |
| Equity | 10/15 | €31,902 | €30,338 | -€1,564 | -4.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €11,442 | €9,878 | -€1,564 | -13.7% |
| Amounts payable | 17/49 | €2,655 | €2,655 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,655 | €2,655 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,655 | €2,655 | = | 0.0% |
| Taxes | 450/3 | €2,655 | €2,655 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,567 | - | -€3,567 | |
| Gross operating margin | 9900 | €13,516 | -€1,564 | -€15,080 | |
| Operating profit (loss) | 9901 | €9,949 | -€1,564 | -€11,513 | |
| Profit (loss) for the period before taxes | 9903 | €9,949 | -€1,564 | -€11,513 | |
| Income taxes | 67/77 | €2,655 | - | -€2,655 | |
| Profit (loss) for the period | 9904 | €7,294 | -€1,564 | -€8,858 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,294 | -€1,564 | -€8,858 |
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 16 October 2026 via checked.be.