NEVARCO: what changed
NEVARCO
Largest movements
- Tangible fixed assets -€8,312
down €8,312 (-30.4%), from €27,386 to €19,074
of which Furniture and vehicles: -€6,805
- Cash +€5,368
up €5,368 (+39.0%), from €13,753 to €19,121
mainly Net result for the year (+€10,319) and Depreciation (+€9,345)
- Receivables within one year -€3,932
down €3,932 (-27.5%), from €14,312 to €10,380
of which Other amounts receivable: -€5,444
- Deferred charges and accrued income +€681
up €681 (+90.0%), from €757 to €1,438
- Current portion of long-term debt -€5,966
down €5,966 (-62.3%), from €9,574 to €3,608
- Other debts +€4,595
new in 2025: €4,595
- Debts after one year -€3,608
no longer reported in 2025 (was €3,608)
- Tax, wage and social debts +€1,875
up €1,875 (+62.8%), from €2,988 to €4,863
- Profit (loss) carried forward -€1,719
down €1,719 (-14.3%), from €12,038 to €10,319
- Gross operating margin -€1,958
down €1,958 (-7.2%), from €27,049 to €25,091
- Financial income -€593
no longer reported in 2025 (was €593)
- Depreciation -€354
down €354 (-3.6%), from €9,699 to €9,345
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 | €56,208 | €50,013 | -€6,195 | -11.0% |
| Fixed assets | 21/28 | €27,386 | €19,074 | -€8,312 | -30.4% |
| Tangible fixed assets | 22/27 | €27,386 | €19,074 | -€8,312 | -30.4% |
| Plant, machinery and equipment | 23 | €4,592 | €3,085 | -€1,507 | -32.8% |
| Furniture and vehicles | 24 | €22,794 | €15,989 | -€6,805 | -29.9% |
| Current assets | 29/58 | €28,822 | €30,939 | +€2,117 | +7.3% |
| Amounts receivable within one year | 40/41 | €14,312 | €10,380 | -€3,932 | -27.5% |
| Trade receivables | 40 | €7,728 | €9,240 | +€1,512 | +19.6% |
| Other amounts receivable | 41 | €6,584 | €1,140 | -€5,444 | -82.7% |
| Cash at bank and in hand | 54/58 | €13,753 | €19,121 | +€5,368 | +39.0% |
| Deferred charges and accrued income | 490/1 | €757 | €1,438 | +€681 | +90.0% |
| Total equity and liabilities | 10/49 | €56,208 | €50,013 | -€6,195 | -11.0% |
| Equity | 10/15 | €35,825 | €34,106 | -€1,719 | -4.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €22,787 | €22,787 | = | 0.0% |
| Distributable reserves | 133 | €22,787 | €22,787 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,038 | €10,319 | -€1,719 | -14.3% |
| Amounts payable | 17/49 | €20,383 | €15,907 | -€4,476 | -22.0% |
| Amounts payable after more than one year | 17 | €3,608 | - | -€3,608 | |
| Financial debts | 170/4 | €3,608 | - | -€3,608 | |
| Amounts payable within one year | 42/48 | €16,775 | €15,907 | -€868 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €9,574 | €3,608 | -€5,966 | -62.3% |
| Trade debts | 44 | €4,213 | €2,841 | -€1,372 | -32.6% |
| Suppliers | 440/4 | €4,213 | €2,841 | -€1,372 | -32.6% |
| Taxes, remuneration and social security | 45 | €2,988 | €4,863 | +€1,875 | +62.8% |
| Taxes | 450/3 | €2,988 | €4,863 | +€1,875 | +62.8% |
| Other amounts payable | 47/48 | - | €4,595 | +€4,595 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,699 | €9,345 | -€354 | -3.6% |
| Other operating charges | 640/8 | €1,011 | €984 | -€27 | -2.7% |
| Gross operating margin | 9900 | €27,049 | €25,091 | -€1,958 | -7.2% |
| Operating profit (loss) | 9901 | €16,339 | €14,762 | -€1,577 | -9.7% |
| Financial income | 75/76B | €593 | - | -€593 | |
| Recurring financial income | 75 | €593 | - | -€593 | |
| Financial charges | 65/66B | €360 | €197 | -€163 | -45.3% |
| Recurring financial charges | 65 | €360 | €197 | -€163 | -45.3% |
| Profit (loss) for the period before taxes | 9903 | €16,572 | €14,565 | -€2,007 | -12.1% |
| Income taxes | 67/77 | €4,134 | €4,246 | +€112 | +2.7% |
| Profit (loss) for the period | 9904 | €12,438 | €10,319 | -€2,119 | -17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,438 | €10,319 | -€2,119 | -17.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.