n'Voilà: 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.
n'Voilà
Largest movements
- Receivables within one year +€5,526
up €5,526 (+65.9%), from €8,385 to €13,911
of which Trade receivables: +€5,145
- Tangible fixed assets +€1,331
new in 2025: €1,331
- Cash +€1,109
up €1,109 (+110%), from €1,005 to €2,114
mainly Advances received (+€16,371) and Trade debts (+€5,734)
- Advances received +€16,371
new in 2025: €16,371
- Profit (loss) carried forward -€11,014
down €11,014 (-69.1%), from -€15,932 to -€26,946
- Trade debts +€5,734
up €5,734 (+231%), from €2,484 to €8,217
- Tax, wage and social debts -€4,418
down €4,418 (-39.0%), from €11,328 to €6,910
- Other debts +€1,349
up €1,349 (+20.7%), from €6,511 to €7,860
- Gross operating margin -€11,890
down €11,890, from €2,220 to -€9,670
- Purchases and services -€852
down €852 (-1.1%), from €78,516 to €77,664
- Taxes -€791
down €791, from €791 to -€0
- Other operating charges -€493
down €493 (-55.3%), from €892 to €399
- Depreciation +€321
up €321, from €0 to €321
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
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 | €9,390 | €17,412 | +€8,022 | +85.4% |
| Fixed assets | 21/28 | - | €1,387 | +€1,387 | |
| Tangible fixed assets | 22/27 | - | €1,331 | +€1,331 | |
| Furniture and vehicles | 24 | - | €1,331 | +€1,331 | |
| Financial fixed assets | 28 | - | €56 | +€56 | |
| Current assets | 29/58 | €9,390 | €16,025 | +€6,635 | +70.7% |
| Amounts receivable within one year | 40/41 | €8,385 | €13,911 | +€5,526 | +65.9% |
| Trade receivables | 40 | €8,385 | €13,530 | +€5,145 | +61.4% |
| Other amounts receivable | 41 | - | €381 | +€381 | |
| Cash at bank and in hand | 54/58 | €1,005 | €2,114 | +€1,109 | +110% |
| Total equity and liabilities | 10/49 | €9,390 | €17,412 | +€8,022 | +85.4% |
| Equity | 10/15 | -€10,932 | -€21,946 | -€11,014 | -101% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,932 | -€26,946 | -€11,014 | -69.1% |
| Amounts payable | 17/49 | €20,322 | €39,358 | +€19,036 | +93.7% |
| Amounts payable within one year | 42/48 | €20,322 | €39,358 | +€19,036 | +93.7% |
| Trade debts | 44 | €2,484 | €8,217 | +€5,734 | +231% |
| Suppliers | 440/4 | €2,484 | €8,217 | +€5,734 | +231% |
| Advances received on contracts in progress | 46 | - | €16,371 | +€16,371 | |
| Taxes, remuneration and social security | 45 | €11,328 | €6,910 | -€4,418 | -39.0% |
| Taxes | 450/3 | €11,328 | €6,910 | -€4,418 | -39.0% |
| Other amounts payable | 47/48 | €6,511 | €7,860 | +€1,349 | +20.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €78,516 | €77,664 | -€852 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €321 | +€321 | |
| Other operating charges | 640/8 | €892 | €399 | -€493 | -55.3% |
| Gross operating margin | 9900 | €2,220 | -€9,670 | -€11,890 | |
| Operating profit (loss) | 9901 | €1,327 | -€10,390 | -€11,718 | |
| Financial charges | 65/66B | €595 | €624 | +€29 | +4.9% |
| Recurring financial charges | 65 | €595 | €624 | +€29 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | €732 | -€11,014 | -€11,747 | |
| Income taxes | 67/77 | €791 | -€0 | -€791 | |
| Profit (loss) for the period | 9904 | -€58 | -€11,014 | -€10,956 | -18,779% |
| Profit (loss) for the period to be appropriated | 9905 | -€58 | -€11,014 | -€10,956 | -18,779% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.