NAVIGO ASSISTANCE: 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.
NAVIGO ASSISTANCE
Largest movements
- Tangible fixed assets +€30,502
up €30,502 (+323%), from €9,451 to €39,953
of which Furniture and vehicles: +€39,592
- Cash +€23,760
up €23,760 (+13.8%), from €171,599 to €195,358
mainly Net result for the year (+€28,361) and Receivables within one year (+€19,619)
- Receivables within one year -€19,619
down €19,619 (-96.7%), from €20,279 to €660
of which Trade receivables: -€19,607
- Profit (loss) carried forward +€16,061
up €16,061, from -€16,054 to €7
- Reserves +€12,300
up €12,300 (+12.3%), from €100,052 to €112,352
- Tax, wage and social debts +€7,162
up €7,162 (+467%), from €1,535 to €8,697
- Gross operating margin +€37,738
up €37,738 (+256%), from €14,726 to €52,463
- Taxes +€4,810
up €4,810 (+1,874%), from €257 to €5,067
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 | €204,930 | €239,572 | +€34,642 | +16.9% |
| Fixed assets | 21/28 | €13,052 | €43,554 | +€30,502 | +234% |
| Tangible fixed assets | 22/27 | €9,451 | €39,953 | +€30,502 | +323% |
| Land and buildings | 22 | €9,090 | - | -€9,090 | |
| Furniture and vehicles | 24 | €362 | €39,953 | +€39,592 | +10,952% |
| Financial fixed assets | 28 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €191,878 | €196,018 | +€4,140 | +2.2% |
| Amounts receivable within one year | 40/41 | €20,279 | €660 | -€19,619 | -96.7% |
| Trade receivables | 40 | €20,267 | €660 | -€19,607 | -96.7% |
| Other amounts receivable | 41 | €13 | - | -€13 | |
| Cash at bank and in hand | 54/58 | €171,599 | €195,358 | +€23,760 | +13.8% |
| Total equity and liabilities | 10/49 | €204,930 | €239,572 | +€34,642 | +16.9% |
| Equity | 10/15 | €102,548 | €130,909 | +€28,361 | +27.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €100,052 | €112,352 | +€12,300 | +12.3% |
| Distributable reserves | 133 | €100,052 | €112,352 | +€12,300 | +12.3% |
| Profit (loss) carried forward | 14 | -€16,054 | €7 | +€16,061 | |
| Amounts payable | 17/49 | €102,382 | €108,663 | +€6,281 | +6.1% |
| Amounts payable after more than one year | 17 | €80,000 | €80,000 | = | 0.0% |
| Financial debts | 170/4 | €80,000 | €80,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €18,382 | €24,663 | +€6,281 | +34.2% |
| Trade debts | 44 | €236 | €161 | -€75 | -31.8% |
| Suppliers | 440/4 | €236 | €161 | -€75 | -31.8% |
| Taxes, remuneration and social security | 45 | €1,535 | €8,697 | +€7,162 | +467% |
| Taxes | 450/3 | €1,535 | €8,697 | +€7,162 | +467% |
| Other amounts payable | 47/48 | €16,611 | €15,806 | -€806 | -4.8% |
| Accrued charges and deferred income | 492/3 | €4,000 | €4,000 | = | 0.0% |
| Non-recurring operating income | 76A | - | €4,132 | +€4,132 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,619 | €13,582 | -€37 | -0.3% |
| Other operating charges | 640/8 | €2,193 | €2,283 | +€90 | +4.1% |
| Gross operating margin | 9900 | €14,726 | €52,463 | +€37,738 | +256% |
| Operating profit (loss) | 9901 | -€1,087 | €36,598 | +€37,685 | |
| Financial income | 75/76B | €898 | €901 | +€3 | +0.4% |
| Recurring financial income | 75 | €898 | €901 | +€3 | +0.4% |
| Financial charges | 65/66B | €4,128 | €4,071 | -€57 | -1.4% |
| Recurring financial charges | 65 | €4,128 | €4,071 | -€57 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,317 | €33,428 | +€37,745 | |
| Income taxes | 67/77 | €257 | €5,067 | +€4,810 | +1,874% |
| Profit (loss) for the period | 9904 | -€4,573 | €28,361 | +€32,934 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,573 | €28,361 | +€32,934 |
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 23 October 2026 via checked.be.