NERIVE: 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.
NERIVE
Largest movements
- Receivables within one year +€17,100
up €17,100 (+88.1%), from €19,419 to €36,519
of which Other amounts receivable: +€21,498
- Cash -€4,559
down €4,559 (-38.6%), from €11,815 to €7,255
mainly Receivables within one year (-€17,100) and Tax, wage and social debts (-€4,297)
- Reserves +€16,161
up €16,161 (+113.3%), from €14,261 to €30,422
- Tax, wage and social debts -€4,297
down €4,297 (-29.4%), from €14,623 to €10,326
of which Remuneration and social security: -€2,319
- Gross operating margin +€17,027
up €17,027 (+403.8%), from €4,217 to €21,244
- Taxes +€3,439
up €3,439 (+239.4%), from €1,437 to €4,876
- Financial income +€562
up €562 (+83.5%), from €673 to €1,235
- Other operating charges -€432
down €432 (-72.1%), from €599 to €167
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 | €32,059 | €44,359 | +€12,299 | +38.4% |
| Fixed assets | 21/28 | €825 | €584 | -€241 | -29.2% |
| Tangible fixed assets | 22/27 | €825 | €584 | -€241 | -29.2% |
| Furniture and vehicles | 24 | €825 | €584 | -€241 | -29.2% |
| Current assets | 29/58 | €31,234 | €43,774 | +€12,540 | +40.1% |
| Amounts receivable within one year | 40/41 | €19,419 | €36,519 | +€17,100 | +88.1% |
| Trade receivables | 40 | €4,398 | - | -€4,398 | |
| Other amounts receivable | 41 | €15,021 | €36,519 | +€21,498 | +143.1% |
| Cash at bank and in hand | 54/58 | €11,815 | €7,255 | -€4,559 | -38.6% |
| Total equity and liabilities | 10/49 | €32,059 | €44,359 | +€12,299 | +38.4% |
| Equity | 10/15 | €17,261 | €33,422 | +€16,161 | +93.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €14,261 | €30,422 | +€16,161 | +113.3% |
| Distributable reserves | 133 | €14,261 | €30,422 | +€16,161 | +113.3% |
| Amounts payable | 17/49 | €14,798 | €10,937 | -€3,862 | -26.1% |
| Amounts payable within one year | 42/48 | €14,798 | €10,537 | -€4,262 | -28.8% |
| Trade debts | 44 | €175 | €211 | +€35 | +20.2% |
| Suppliers | 440/4 | €175 | €211 | +€35 | +20.2% |
| Taxes, remuneration and social security | 45 | €14,623 | €10,326 | -€4,297 | -29.4% |
| Taxes | 450/3 | €12,304 | €10,326 | -€1,978 | -16.1% |
| Remuneration and social security | 454/9 | €2,319 | - | -€2,319 | |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €241 | €241 | = | 0.0% |
| Other operating charges | 640/8 | €599 | €167 | -€432 | -72.1% |
| Gross operating margin | 9900 | €4,217 | €21,244 | +€17,027 | +403.8% |
| Operating profit (loss) | 9901 | €3,377 | €20,836 | +€17,459 | +517.0% |
| Financial income | 75/76B | €673 | €1,235 | +€562 | +83.5% |
| Recurring financial income | 75 | €673 | €1,235 | +€562 | +83.5% |
| Financial charges | 65/66B | €859 | €1,034 | +€175 | +20.4% |
| Recurring financial charges | 65 | €859 | €1,034 | +€175 | +20.4% |
| Profit (loss) for the period before taxes | 9903 | €3,192 | €21,037 | +€17,845 | +559.2% |
| Income taxes | 67/77 | €1,437 | €4,876 | +€3,439 | +239.4% |
| Profit (loss) for the period | 9904 | €1,755 | €16,161 | +€14,406 | +821.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,755 | €16,161 | +€14,406 | +821.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.