NAVIDENT: what changed
NAVIDENT
Largest movements
- Cash -€25,725
down €25,725 (-36.3%), from €70,864 to €45,140
mainly Contributions, distributions and other (-€152,690) and Debts after one year (-€8,554)
- Tangible fixed assets -€11,221
down €11,221 (-30.2%), from €37,211 to €25,991
of which Leasing and similar rights: -€7,348
- Receivables within one year -€7,719
down €7,719 (-23.7%), from €32,627 to €24,908
of which Other amounts receivable: -€7,719
- Reserves -€93,417
down €93,417 (-100%), from €93,417 to €0
- Other debts +€59,273
up €59,273, from €0 to €59,273
- Debts after one year -€8,554
down €8,554 (-38.7%), from €22,094 to €13,540
- Current portion of long-term debt -€2,491
down €2,491 (-25.2%), from €9,890 to €7,400
- Gross operating margin +€10,443
up €10,443 (+13.3%), from €78,724 to €89,167
- Taxes +€2,178
up €2,178 (+15.9%), from €13,695 to €15,873
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €142,896 | €98,318 | -€44,578 | -31.2% |
| Fixed assets | 21/28 | €37,211 | €25,991 | -€11,221 | -30.2% |
| Tangible fixed assets | 22/27 | €37,211 | €25,991 | -€11,221 | -30.2% |
| Plant, machinery and equipment | 23 | €2,648 | €1,829 | -€819 | -30.9% |
| Furniture and vehicles | 24 | €6,782 | €3,728 | -€3,054 | -45.0% |
| Leasing and similar rights | 25 | €27,781 | €20,433 | -€7,348 | -26.4% |
| Current assets | 29/58 | €105,685 | €72,327 | -€33,357 | -31.6% |
| Amounts receivable within one year | 40/41 | €32,627 | €24,908 | -€7,719 | -23.7% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €32,627 | €24,908 | -€7,719 | -23.7% |
| Cash at bank and in hand | 54/58 | €70,864 | €45,140 | -€25,725 | -36.3% |
| Deferred charges and accrued income | 490/1 | €2,193 | €2,279 | +€86 | +3.9% |
| Total equity and liabilities | 10/49 | €142,896 | €98,318 | -€44,578 | -31.2% |
| Equity | 10/15 | €94,917 | €1,500 | -€93,417 | -98.4% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €93,417 | €0 | -€93,417 | -100% |
| Distributable reserves | 133 | €93,417 | €0 | -€93,417 | -100% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €47,979 | €96,818 | +€48,839 | +102% |
| Amounts payable after more than one year | 17 | €22,094 | €13,540 | -€8,554 | -38.7% |
| Financial debts | 170/4 | €22,094 | €13,540 | -€8,554 | -38.7% |
| Amounts payable within one year | 42/48 | €25,885 | €83,278 | +€57,393 | +222% |
| Current portion of amounts payable after more than one year | 42 | €9,890 | €7,400 | -€2,491 | -25.2% |
| Financial debts | 43 | €216 | €335 | +€118 | +54.8% |
| Credit institutions | 430/8 | €216 | €335 | +€118 | +54.8% |
| Trade debts | 44 | €1,110 | €1,319 | +€210 | +18.9% |
| Suppliers | 440/4 | €1,110 | €1,319 | +€210 | +18.9% |
| Taxes, remuneration and social security | 45 | €14,669 | €14,951 | +€283 | +1.9% |
| Taxes | 450/3 | €14,669 | €14,951 | +€283 | +1.9% |
| Other amounts payable | 47/48 | €0 | €59,273 | +€59,273 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,082 | €11,221 | +€139 | +1.3% |
| Other operating charges | 640/8 | €2,883 | €2,694 | -€189 | -6.6% |
| Gross operating margin | 9900 | €78,724 | €89,167 | +€10,443 | +13.3% |
| Operating profit (loss) | 9901 | €64,759 | €75,252 | +€10,493 | +16.2% |
| Financial income | 75/76B | €1,198 | €1,223 | +€25 | +2.1% |
| Recurring financial income | 75 | €1,198 | €1,223 | +€25 | +2.1% |
| Financial charges | 65/66B | €1,746 | €1,330 | -€416 | -23.8% |
| Recurring financial charges | 65 | €1,746 | €1,330 | -€416 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | €64,211 | €75,146 | +€10,935 | +17.0% |
| Income taxes | 67/77 | €13,695 | €15,873 | +€2,178 | +15.9% |
| Profit (loss) for the period | 9904 | €50,516 | €59,273 | +€8,756 | +17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €50,516 | €59,273 | +€8,756 | +17.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.