NBV GoVan: 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.
NBV GoVan
Largest movements
- Current investments +€400,000
new in 2025: €400,000
- Cash -€120,849
down €120,849 (-34.2%), from €353,080 to €232,231
mainly Current investments (-€400,000) and Short-term financial debts (-€778)
- Reserves +€259,628
up €259,628 (+100%), from €258,803 to €518,431
- Tax, wage and social debts +€18,032
up €18,032 (+18.5%), from €97,728 to €115,761
- Gross operating margin +€33,733
up €33,733 (+11.0%), from €306,509 to €340,242
- Taxes +€8,469
up €8,469 (+11.8%), from €71,790 to €80,259
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 | €359,225 | €636,594 | +€277,369 | +77.2% |
| Current assets | 29/58 | €359,225 | €636,594 | +€277,369 | +77.2% |
| Amounts receivable within one year | 40/41 | €3,451 | €4,363 | +€912 | +26.4% |
| Other amounts receivable | 41 | €3,451 | €4,363 | +€912 | +26.4% |
| Current investments | 50/53 | - | €400,000 | +€400,000 | |
| Cash at bank and in hand | 54/58 | €353,080 | €232,231 | -€120,849 | -34.2% |
| Deferred charges and accrued income | 490/1 | €2,694 | €0 | -€2,694 | -100% |
| Total equity and liabilities | 10/49 | €359,225 | €636,594 | +€277,369 | +77.2% |
| Equity | 10/15 | €258,803 | €518,431 | +€259,628 | +100% |
| Reserves | 13 | €258,803 | €518,431 | +€259,628 | +100% |
| Distributable reserves | 133 | €258,803 | €518,431 | +€259,628 | +100% |
| Amounts payable | 17/49 | €100,422 | €118,163 | +€17,741 | +17.7% |
| Amounts payable within one year | 42/48 | €100,422 | €118,163 | +€17,741 | +17.7% |
| Financial debts | 43 | €783 | €6 | -€778 | -99.3% |
| Credit institutions | 430/8 | €783 | €6 | -€778 | -99.3% |
| Trade debts | 44 | €1,911 | €2,397 | +€486 | +25.4% |
| Suppliers | 440/4 | €1,911 | €2,397 | +€486 | +25.4% |
| Taxes, remuneration and social security | 45 | €97,728 | €115,761 | +€18,032 | +18.5% |
| Taxes | 450/3 | €97,728 | €115,761 | +€18,032 | +18.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Other operating charges | 640/8 | €543 | €520 | -€24 | -4.3% |
| Gross operating margin | 9900 | €306,509 | €340,242 | +€33,733 | +11.0% |
| Operating profit (loss) | 9901 | €305,965 | €339,722 | +€33,757 | +11.0% |
| Financial income | 75/76B | €283 | €343 | +€60 | +21.2% |
| Recurring financial income | 75 | €283 | €343 | +€60 | +21.2% |
| Financial charges | 65/66B | €136 | €178 | +€42 | +30.8% |
| Recurring financial charges | 65 | €136 | €178 | +€42 | +30.8% |
| Profit (loss) for the period before taxes | 9903 | €306,112 | €339,887 | +€33,775 | +11.0% |
| Income taxes | 67/77 | €71,790 | €80,259 | +€8,469 | +11.8% |
| Profit (loss) for the period | 9904 | €234,322 | €259,628 | +€25,306 | +10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €234,322 | €259,628 | +€25,306 | +10.8% |
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 24 October 2026 via checked.be.