NEVA SYSTEMS: 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.
NEVA SYSTEMS
Largest movements
- Receivables within one year +€17,604
up €17,604 (+19.2%), from €91,597 to €109,201
of which Trade receivables: +€10,934
- Tangible fixed assets -€8,210
down €8,210 (-14.8%), from €55,518 to €47,308
of which Land and buildings: -€8,829
- Cash +€4,441
up €4,441 (+12.2%), from €36,432 to €40,873
mainly Trade debts (+€21,952) and Depreciation (+€11,761)
- Deferred charges and accrued income -€2,785
down €2,785 (-16.0%), from €17,426 to €14,641
- Trade debts +€21,952
up €21,952 (+76.8%), from €28,595 to €50,547
- Debts after one year -€8,389
down €8,389 (-56.1%), from €14,962 to €6,573
- Tax, wage and social debts -€5,981
down €5,981 (-8.9%), from €67,581 to €61,600
of which Taxes: -€9,639
- Reserves +€4,037
up €4,037 (+3.8%), from €106,122 to €110,159
- Staff costs -€7,552
down €7,552 (-2.9%), from €260,464 to €252,912
- Gross operating margin -€3,117
down €3,117 (-1.1%), from €280,254 to €277,137
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 | €255,963 | €266,319 | +€10,356 | +4.0% |
| Fixed assets | 21/28 | €56,018 | €47,808 | -€8,210 | -14.7% |
| Tangible fixed assets | 22/27 | €55,518 | €47,308 | -€8,210 | -14.8% |
| Land and buildings | 22 | €52,072 | €43,243 | -€8,829 | -17.0% |
| Furniture and vehicles | 24 | €3,446 | €4,065 | +€619 | +18.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €199,945 | €218,511 | +€18,566 | +9.3% |
| Stocks and contracts in progress | 3 | €54,490 | €53,796 | -€694 | -1.3% |
| Stocks | 30/36 | €54,490 | €53,796 | -€694 | -1.3% |
| Amounts receivable within one year | 40/41 | €91,597 | €109,201 | +€17,604 | +19.2% |
| Trade receivables | 40 | €65,216 | €76,150 | +€10,934 | +16.8% |
| Other amounts receivable | 41 | €26,381 | €33,051 | +€6,670 | +25.3% |
| Cash at bank and in hand | 54/58 | €36,432 | €40,873 | +€4,441 | +12.2% |
| Deferred charges and accrued income | 490/1 | €17,426 | €14,641 | -€2,785 | -16.0% |
| Total equity and liabilities | 10/49 | €255,963 | €266,319 | +€10,356 | +4.0% |
| Equity | 10/15 | €126,122 | €130,159 | +€4,037 | +3.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €106,122 | €110,159 | +€4,037 | +3.8% |
| Distributable reserves | 133 | €106,122 | €110,159 | +€4,037 | +3.8% |
| Amounts payable | 17/49 | €129,841 | €136,160 | +€6,319 | +4.9% |
| Amounts payable after more than one year | 17 | €14,962 | €6,573 | -€8,389 | -56.1% |
| Financial debts | 170/4 | €14,962 | €6,573 | -€8,389 | -56.1% |
| Amounts payable within one year | 42/48 | €114,879 | €129,295 | +€14,416 | +12.5% |
| Current portion of amounts payable after more than one year | 42 | €8,330 | €8,390 | +€60 | +0.7% |
| Financial debts | 43 | €7,373 | €7,342 | -€31 | -0.4% |
| Credit institutions | 430/8 | €7,373 | €7,342 | -€31 | -0.4% |
| Trade debts | 44 | €28,595 | €50,547 | +€21,952 | +76.8% |
| Suppliers | 440/4 | €28,595 | €50,547 | +€21,952 | +76.8% |
| Taxes, remuneration and social security | 45 | €67,581 | €61,600 | -€5,981 | -8.9% |
| Taxes | 450/3 | €24,548 | €14,909 | -€9,639 | -39.3% |
| Remuneration and social security | 454/9 | €43,033 | €46,691 | +€3,658 | +8.5% |
| Other amounts payable | 47/48 | €3,000 | €1,416 | -€1,584 | -52.8% |
| Accrued charges and deferred income | 492/3 | - | €292 | +€292 | |
| Remuneration, social security and pensions | 62 | €260,464 | €252,912 | -€7,552 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,021 | €11,761 | +€740 | +6.7% |
| Other operating charges | 640/8 | €4,292 | €3,950 | -€342 | -8.0% |
| Gross operating margin | 9900 | €280,254 | €277,137 | -€3,117 | -1.1% |
| Operating profit (loss) | 9901 | €4,477 | €8,514 | +€4,037 | +90.2% |
| Financial income | 75/76B | €125 | €37 | -€88 | -70.4% |
| Recurring financial income | 75 | €125 | €37 | -€88 | -70.4% |
| Financial charges | 65/66B | €2,594 | €1,614 | -€980 | -37.8% |
| Recurring financial charges | 65 | €2,594 | €1,614 | -€980 | -37.8% |
| Profit (loss) for the period before taxes | 9903 | €2,008 | €6,937 | +€4,929 | +245.5% |
| Income taxes | 67/77 | €1,598 | €2,900 | +€1,302 | +81.5% |
| Profit (loss) for the period | 9904 | €410 | €4,037 | +€3,627 | +884.6% |
| Profit (loss) for the period to be appropriated | 9905 | €410 | €4,037 | +€3,627 | +884.6% |
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 3 October 2026 via checked.be.