NEVERLAST: 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.
NEVERLAST
Largest movements
- Current investments +€221,140
up €221,140 (+81.5%), from €271,220 to €492,361
- Cash -€144,165
down €144,165 (-77.5%), from €185,923 to €41,758
mainly Current investments (-€221,140) and Receivables within one year (-€23,133)
- Receivables within one year +€23,133
up €23,133 (+124%), from €18,584 to €41,717
of which Trade receivables: +€22,900
- Tangible fixed assets -€13,647
down €13,647 (-25.2%), from €54,158 to €40,511
of which Furniture and vehicles: -€13,442
- Reserves +€84,232
up €84,232 (+19.0%), from €442,678 to €526,910
- Gross operating margin +€37,194
up €37,194 (+41.3%), from €90,059 to €127,254
- Taxes +€10,120
up €10,120 (+41.4%), from €24,442 to €34,562
- Financial income +€6,262
up €6,262 (+180%), from €3,485 to €9,747
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 | €529,915 | €616,510 | +€86,595 | +16.3% |
| Fixed assets | 21/28 | €54,187 | €40,540 | -€13,647 | -25.2% |
| Tangible fixed assets | 22/27 | €54,158 | €40,511 | -€13,647 | -25.2% |
| Plant, machinery and equipment | 23 | €1,846 | €1,641 | -€205 | -11.1% |
| Furniture and vehicles | 24 | €52,312 | €38,870 | -€13,442 | -25.7% |
| Financial fixed assets | 28 | €29 | €29 | = | 0.0% |
| Current assets | 29/58 | €475,728 | €575,970 | +€100,242 | +21.1% |
| Amounts receivable within one year | 40/41 | €18,584 | €41,717 | +€23,133 | +124% |
| Trade receivables | 40 | €18,584 | €41,484 | +€22,900 | +123% |
| Other amounts receivable | 41 | €0 | €233 | +€233 | |
| Current investments | 50/53 | €271,220 | €492,361 | +€221,140 | +81.5% |
| Cash at bank and in hand | 54/58 | €185,923 | €41,758 | -€144,165 | -77.5% |
| Deferred charges and accrued income | 490/1 | €0 | €133 | +€133 | |
| Total equity and liabilities | 10/49 | €529,915 | €616,510 | +€86,595 | +16.3% |
| Equity | 10/15 | €455,078 | €539,310 | +€84,232 | +18.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €442,678 | €526,910 | +€84,232 | +19.0% |
| Distributable reserves | 133 | €442,678 | €526,910 | +€84,232 | +19.0% |
| Amounts payable | 17/49 | €74,837 | €77,200 | +€2,363 | +3.2% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €19,878 | €21,828 | +€1,951 | +9.8% |
| Financial debts | 43 | €3,633 | €647 | -€2,986 | -82.2% |
| Credit institutions | 430/8 | €3,633 | €647 | -€2,986 | -82.2% |
| Trade debts | 44 | €2,851 | €4,365 | +€1,514 | +53.1% |
| Suppliers | 440/4 | €2,851 | €4,365 | +€1,514 | +53.1% |
| Taxes, remuneration and social security | 45 | €12,653 | €14,565 | +€1,912 | +15.1% |
| Taxes | 450/3 | €12,653 | €11,828 | -€824 | -6.5% |
| Remuneration and social security | 454/9 | €0 | €2,737 | +€2,737 | |
| Other amounts payable | 47/48 | €741 | €2,252 | +€1,511 | +204% |
| Accrued charges and deferred income | 492/3 | €4,960 | €5,372 | +€412 | +8.3% |
| Non-recurring operating income | 76A | €7,000 | €0 | -€7,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,038 | €13,647 | -€391 | -2.8% |
| Other operating charges | 640/8 | €709 | €595 | -€115 | -16.2% |
| Gross operating margin | 9900 | €90,059 | €127,254 | +€37,194 | +41.3% |
| Operating profit (loss) | 9901 | €75,312 | €113,012 | +€37,700 | +50.1% |
| Financial income | 75/76B | €3,485 | €9,747 | +€6,262 | +180% |
| Recurring financial income | 75 | €3,485 | €9,747 | +€6,262 | +180% |
| Financial charges | 65/66B | €3,623 | €3,966 | +€342 | +9.4% |
| Recurring financial charges | 65 | €3,623 | €3,966 | +€342 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | €75,174 | €118,794 | +€43,620 | +58.0% |
| Income taxes | 67/77 | €24,442 | €34,562 | +€10,120 | +41.4% |
| Profit (loss) for the period | 9904 | €50,732 | €84,232 | +€33,500 | +66.0% |
| Profit (loss) for the period to be appropriated | 9905 | €50,732 | €84,232 | +€33,500 | +66.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.