NAVENANT: 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.
NAVENANT
Largest movements
- Tangible fixed assets -€4,609
down €4,609 (-20.9%), from €22,009 to €17,400
of which Furniture and vehicles: -€3,200
- Stocks and contracts +€920
up €920 (+2.3%), from €39,199 to €40,119
of which Contracts in progress: +€920
- Profit (loss) carried forward -€41,502
down €41,502, from €541 to -€40,960
- Other debts +€15,111
up €15,111 (+249.4%), from €6,060 to €21,171
- Debts after one year +€15,000
up €15,000 (+52.3%), from €28,700 to €43,700
- Trade debts +€8,145
up €8,145 (+29.6%), from €27,472 to €35,617
- Gross operating margin -€43,719
down €43,719, from €8,759 to -€34,960
- Turnover -€7,887
down €7,887 (-10.7%), from €73,963 to €66,076
- Depreciation -€975
down €975 (-17.5%), from €5,584 to €4,609
- Other operating charges -€817
down €817 (-36.3%), from €2,253 to €1,435
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €66,015 | €62,483 | -€3,532 | -5.4% |
| Fixed assets | 21/28 | €25,459 | €20,850 | -€4,609 | -18.1% |
| Tangible fixed assets | 22/27 | €22,009 | €17,400 | -€4,609 | -20.9% |
| Furniture and vehicles | 24 | €12,178 | €8,978 | -€3,200 | -26.3% |
| Other tangible fixed assets | 26 | €9,831 | €8,422 | -€1,409 | -14.3% |
| Financial fixed assets | 28 | €3,450 | €3,450 | = | 0.0% |
| Current assets | 29/58 | €40,556 | €41,633 | +€1,077 | +2.7% |
| Stocks and contracts in progress | 3 | €39,199 | €40,119 | +€920 | +2.3% |
| Stocks | 30/36 | €39,199 | €39,199 | = | 0.0% |
| Contracts in progress | 37 | - | €920 | +€920 | |
| Amounts receivable within one year | 40/41 | - | €456 | +€456 | |
| Other amounts receivable | 41 | - | €456 | +€456 | |
| Cash at bank and in hand | 54/58 | €1,357 | €1,058 | -€299 | -22.0% |
| Total equity and liabilities | 10/49 | €66,015 | €62,483 | -€3,532 | -5.4% |
| Equity | 10/15 | €3,041 | -€38,460 | -€41,502 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €541 | -€40,960 | -€41,502 | |
| Amounts payable | 17/49 | €62,973 | €100,943 | +€37,969 | +60.3% |
| Amounts payable after more than one year | 17 | €28,700 | €43,700 | +€15,000 | +52.3% |
| Financial debts | 170/4 | €28,700 | €43,700 | +€15,000 | +52.3% |
| Amounts payable within one year | 42/48 | €34,273 | €57,243 | +€22,969 | +67.0% |
| Financial debts | 43 | - | €95 | +€95 | |
| Credit institutions | 430/8 | - | €95 | +€95 | |
| Trade debts | 44 | €27,472 | €35,617 | +€8,145 | +29.6% |
| Suppliers | 440/4 | €27,472 | €35,617 | +€8,145 | +29.6% |
| Taxes, remuneration and social security | 45 | €742 | €361 | -€381 | -51.4% |
| Taxes | 450/3 | €742 | €361 | -€381 | -51.4% |
| Other amounts payable | 47/48 | €6,060 | €21,171 | +€15,111 | +249.4% |
| Turnover | 70 | €73,963 | €66,076 | -€7,887 | -10.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €101,204 | €101,036 | -€168 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,584 | €4,609 | -€975 | -17.5% |
| Other operating charges | 640/8 | €2,253 | €1,435 | -€817 | -36.3% |
| Gross operating margin | 9900 | €8,759 | -€34,960 | -€43,719 | |
| Operating profit (loss) | 9901 | €923 | -€41,004 | -€41,927 | |
| Financial income | 75/76B | €300 | - | -€300 | |
| Recurring financial income | 75 | €300 | - | -€300 | |
| Financial charges | 65/66B | €681 | €497 | -€184 | -27.0% |
| Recurring financial charges | 65 | €681 | €497 | -€184 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | €541 | -€41,502 | -€42,043 | |
| Profit (loss) for the period | 9904 | €541 | -€41,502 | -€42,043 | |
| Profit (loss) for the period to be appropriated | 9905 | €541 | -€41,502 | -€42,043 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.