NEGOCE A.V.R.: what changed
NEGOCE A.V.R.
Largest movements
- Receivables after one year +€61,949
up €61,949 (+21.8%), from €284,769 to €346,718
- Cash -€27,433
down €27,433 (-85.3%), from €32,173 to €4,740
mainly Receivables after one year (-€61,949) and Net result for the year (-€22,198)
- Receivables within one year -€21,185
down €21,185 (-23.4%), from €90,446 to €69,261
of which Other amounts receivable: -€28,265
- Tangible fixed assets -€10,664
down €10,664 (-8.5%), from €126,020 to €115,357
of which Furniture and vehicles: -€5,492
- Tax, wage and social debts +€34,988
up €34,988 (+79.0%), from €44,263 to €79,250
of which Remuneration and social security: +€30,000
- Profit (loss) carried forward -€22,198
new in 2025: -€22,198
- Current portion of long-term debt +€17,931
up €17,931 (+91.8%), from €19,533 to €37,464
- Debts after one year -€12,265
down €12,265 (-12.4%), from €98,939 to €86,674
- Other debts -€12,000
down €12,000 (-60.0%), from €20,000 to €8,000
- Gross operating margin -€154,860
down €154,860, from €140,296 to -€14,564
- Taxes -€23,679
down €23,679 (-98.3%), from €24,077 to €397
- Depreciation -€10,438
down €10,438 (-49.5%), from €21,102 to €10,664
- Financial charges -€7,535
down €7,535 (-55.5%), from €13,576 to €6,041
- Financial income +€2,789
up €2,789 (+25.6%), from €10,885 to €13,674
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 | €533,997 | €536,469 | +€2,472 | +0.5% |
| Fixed assets | 21/28 | €126,020 | €115,357 | -€10,664 | -8.5% |
| Tangible fixed assets | 22/27 | €126,020 | €115,357 | -€10,664 | -8.5% |
| Land and buildings | 22 | €115,528 | €110,357 | -€5,171 | -4.5% |
| Furniture and vehicles | 24 | €5,492 | - | -€5,492 | |
| Other tangible fixed assets | 26 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €407,977 | €421,112 | +€13,136 | +3.2% |
| Amounts receivable after more than one year | 29 | €284,769 | €346,718 | +€61,949 | +21.8% |
| Other amounts receivable | 291 | €284,769 | €346,718 | +€61,949 | +21.8% |
| Amounts receivable within one year | 40/41 | €90,446 | €69,261 | -€21,185 | -23.4% |
| Trade receivables | 40 | €4,840 | €11,920 | +€7,080 | +146% |
| Other amounts receivable | 41 | €85,606 | €57,341 | -€28,265 | -33.0% |
| Cash at bank and in hand | 54/58 | €32,173 | €4,740 | -€27,433 | -85.3% |
| Deferred charges and accrued income | 490/1 | €588 | €393 | -€196 | -33.2% |
| Total equity and liabilities | 10/49 | €533,997 | €536,469 | +€2,472 | +0.5% |
| Equity | 10/15 | €345,640 | €323,442 | -€22,198 | -6.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €327,040 | €327,040 | = | 0.0% |
| Distributable reserves | 133 | €327,040 | €327,040 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€22,198 | -€22,198 | |
| Amounts payable | 17/49 | €188,357 | €213,027 | +€24,670 | +13.1% |
| Amounts payable after more than one year | 17 | €98,939 | €86,674 | -€12,265 | -12.4% |
| Financial debts | 170/4 | €98,939 | €86,674 | -€12,265 | -12.4% |
| Amounts payable within one year | 42/48 | €89,418 | €126,353 | +€36,935 | +41.3% |
| Current portion of amounts payable after more than one year | 42 | €19,533 | €37,464 | +€17,931 | +91.8% |
| Trade debts | 44 | €5,622 | €1,638 | -€3,983 | -70.9% |
| Suppliers | 440/4 | €5,622 | €1,638 | -€3,983 | -70.9% |
| Taxes, remuneration and social security | 45 | €44,263 | €79,250 | +€34,988 | +79.0% |
| Taxes | 450/3 | €26,263 | €31,250 | +€4,988 | +19.0% |
| Remuneration and social security | 454/9 | €18,000 | €48,000 | +€30,000 | +167% |
| Other amounts payable | 47/48 | €20,000 | €8,000 | -€12,000 | -60.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,102 | €10,664 | -€10,438 | -49.5% |
| Other operating charges | 640/8 | €3,195 | €4,207 | +€1,011 | +31.7% |
| Gross operating margin | 9900 | €140,296 | -€14,564 | -€154,860 | |
| Operating profit (loss) | 9901 | €115,999 | -€29,434 | -€145,433 | |
| Financial income | 75/76B | €10,885 | €13,674 | +€2,789 | +25.6% |
| Recurring financial income | 75 | €10,885 | €13,674 | +€2,789 | +25.6% |
| Financial charges | 65/66B | €13,576 | €6,041 | -€7,535 | -55.5% |
| Recurring financial charges | 65 | €13,576 | €6,041 | -€7,535 | -55.5% |
| Profit (loss) for the period before taxes | 9903 | €113,308 | -€21,801 | -€135,109 | |
| Income taxes | 67/77 | €24,077 | €397 | -€23,679 | -98.3% |
| Profit (loss) for the period | 9904 | €89,231 | -€22,198 | -€111,429 | |
| Profit (loss) for the period to be appropriated | 9905 | €89,231 | -€22,198 | -€111,429 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.