Nava Consulting: 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.
Nava Consulting
Largest movements
- Cash -€95,723
down €95,723 (-47.4%), from €202,031 to €106,307
mainly Contributions, distributions and other (-€335,000) and Trade debts (-€31,078)
- Current investments -€60,000
down €60,000 (-100%), from €60,000 to €0
- Receivables within one year -€9,115
down €9,115 (-17.4%), from €52,529 to €43,414
of which Trade receivables: -€9,115
- Tangible fixed assets +€5,843
up €5,843 (+52.7%), from €11,089 to €16,933
of which Plant, machinery and equipment: +€4,058
- Reserves -€218,180
down €218,180 (-95.6%), from €228,209 to €10,029
- Other debts +€91,068
up €91,068 (+1,365%), from €6,672 to €97,740
- Trade debts -€31,078
down €31,078 (-96.0%), from €32,385 to €1,307
- Gross operating margin +€3,340
up €3,340 (+2.1%), from €159,706 to €163,046
- Taxes +€2,763
up €2,763 (+7.7%), from €35,898 to €38,661
- Depreciation +€1,885
up €1,885 (+89.8%), from €2,098 to €3,982
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 | €327,732 | €169,225 | -€158,508 | -48.4% |
| Fixed assets | 21/28 | €11,089 | €16,933 | +€5,843 | +52.7% |
| Tangible fixed assets | 22/27 | €11,089 | €16,933 | +€5,843 | +52.7% |
| Plant, machinery and equipment | 23 | - | €4,058 | +€4,058 | |
| Furniture and vehicles | 24 | €2,959 | €6,996 | +€4,037 | +136% |
| Leasing and similar rights | 25 | €2,734 | €1,046 | -€1,689 | -61.8% |
| Other tangible fixed assets | 26 | €5,396 | €4,833 | -€563 | -10.4% |
| Current assets | 29/58 | €316,643 | €152,292 | -€164,351 | -51.9% |
| Amounts receivable within one year | 40/41 | €52,529 | €43,414 | -€9,115 | -17.4% |
| Trade receivables | 40 | €52,529 | €43,414 | -€9,115 | -17.4% |
| Other amounts receivable | 41 | - | €0 | = | |
| Current investments | 50/53 | €60,000 | €0 | -€60,000 | -100% |
| Cash at bank and in hand | 54/58 | €202,031 | €106,307 | -€95,723 | -47.4% |
| Deferred charges and accrued income | 490/1 | €2,084 | €2,571 | +€487 | +23.4% |
| Total equity and liabilities | 10/49 | €327,732 | €169,225 | -€158,508 | -48.4% |
| Equity | 10/15 | €231,209 | €13,029 | -€218,180 | -94.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €228,209 | €10,029 | -€218,180 | -95.6% |
| Distributable reserves | 133 | €228,209 | €10,029 | -€218,180 | -95.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €96,523 | €156,195 | +€59,672 | +61.8% |
| Amounts payable within one year | 42/48 | €96,301 | €155,966 | +€59,665 | +62.0% |
| Trade debts | 44 | €32,385 | €1,307 | -€31,078 | -96.0% |
| Suppliers | 440/4 | €32,385 | €1,307 | -€31,078 | -96.0% |
| Taxes, remuneration and social security | 45 | €57,244 | €56,919 | -€325 | -0.6% |
| Taxes | 450/3 | €54,922 | €56,919 | +€1,997 | +3.6% |
| Remuneration and social security | 454/9 | €2,322 | €0 | -€2,322 | -100% |
| Other amounts payable | 47/48 | €6,672 | €97,740 | +€91,068 | +1,365% |
| Accrued charges and deferred income | 492/3 | €223 | €230 | +€7 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,098 | €3,982 | +€1,885 | +89.8% |
| Other operating charges | 640/8 | €986 | €1,409 | +€423 | +42.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €159,706 | €163,046 | +€3,340 | +2.1% |
| Operating profit (loss) | 9901 | €156,622 | €157,654 | +€1,032 | +0.7% |
| Financial income | 75/76B | €1,210 | €1,573 | +€363 | +30.0% |
| Recurring financial income | 75 | €1,210 | €1,573 | +€363 | +30.0% |
| Financial charges | 65/66B | €3,765 | €3,747 | -€18 | -0.5% |
| Recurring financial charges | 65 | €3,765 | €3,747 | -€18 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €154,067 | €155,481 | +€1,413 | +0.9% |
| Income taxes | 67/77 | €35,898 | €38,661 | +€2,763 | +7.7% |
| Profit (loss) for the period | 9904 | €118,170 | €116,820 | -€1,350 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €118,170 | €116,820 | -€1,350 | -1.1% |
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 15 October 2026 via checked.be.