NAVISIM: what changed
Two fiscal 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.
NAVISIM
Largest movements
- Cash +€14,935
up €14,935 (+63.7%), from €23,440 to €38,375
mainly Net result for the year (+€20,505) and Receivables within one year (+€11,843)
- Receivables within one year -€11,843
down €11,843 (-72.5%), from €16,329 to €4,485
of which Trade receivables: -€6,958
- Tax, wage and social debts +€1,603
up €1,603 (+13.3%), from €12,029 to €13,632
of which Taxes: +€2,453
- Trade debts +€983
up €983 (+239.5%), from €411 to €1,394
- Profit (loss) carried forward +€505
up €505 (+5746.8%), from €9 to €514
- Gross operating margin -€2,302
down €2,302 (-7.8%), from €29,456 to €27,153
- Taxes -€978
down €978 (-14.1%), from €6,939 to €5,961
- Financial income -€466
down €466 (-100.0%), from €466 to €0
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.
Cash bridge derived
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 | €39,769 | €42,860 | +€3,091 | +7.8% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €39,769 | €42,860 | +€3,091 | +7.8% |
| Amounts receivable within one year | 40/41 | €16,329 | €4,485 | -€11,843 | -72.5% |
| Trade receivables | 40 | €9,075 | €2,118 | -€6,958 | -76.7% |
| Other amounts receivable | 41 | €7,254 | €2,368 | -€4,886 | -67.4% |
| Cash at bank and in hand | 54/58 | €23,440 | €38,375 | +€14,935 | +63.7% |
| Total equity and liabilities | 10/49 | €39,769 | €42,860 | +€3,091 | +7.8% |
| Equity | 10/15 | €27,329 | €27,834 | +€505 | +1.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €8,720 | €8,720 | = | 0.0% |
| Distributable reserves | 133 | €8,720 | €8,720 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9 | €514 | +€505 | +5746.8% |
| Amounts payable | 17/49 | €12,440 | €15,026 | +€2,586 | +20.8% |
| Amounts payable within one year | 42/48 | €12,440 | €15,026 | +€2,586 | +20.8% |
| Trade debts | 44 | €411 | €1,394 | +€983 | +239.5% |
| Suppliers | 440/4 | €411 | €1,394 | +€983 | +239.5% |
| Taxes, remuneration and social security | 45 | €12,029 | €13,632 | +€1,603 | +13.3% |
| Taxes | 450/3 | €11,179 | €13,632 | +€2,453 | +21.9% |
| Remuneration and social security | 454/9 | €850 | - | -€850 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26 | - | -€26 | |
| Other operating charges | 640/8 | €801 | €634 | -€167 | -20.9% |
| Gross operating margin | 9900 | €29,456 | €27,153 | -€2,302 | -7.8% |
| Operating profit (loss) | 9901 | €28,628 | €26,519 | -€2,109 | -7.4% |
| Financial income | 75/76B | €466 | €0 | -€466 | -100.0% |
| Recurring financial income | 75 | €466 | €0 | -€466 | -100.0% |
| Financial charges | 65/66B | €34 | €52 | +€18 | +54.5% |
| Recurring financial charges | 65 | €34 | €52 | +€18 | +54.5% |
| Profit (loss) for the period before taxes | 9903 | €29,060 | €26,467 | -€2,594 | -8.9% |
| Income taxes | 67/77 | €6,939 | €5,961 | -€978 | -14.1% |
| Profit (loss) for the period | 9904 | €22,121 | €20,505 | -€1,616 | -7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €22,121 | €20,505 | -€1,616 | -7.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.