NEVEXA: 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.
NEVEXA
Largest movements
- Tangible fixed assets +€215,789
up €215,789 (+60.8%), from €354,817 to €570,606
of which Furniture and vehicles: +€222,605
- Receivables within one year -€97,589
no longer reported in 2025 (was €97,589)
of which Trade receivables: -€83,922
- Stocks and contracts +€26,593
new in 2025: €26,593
- Cash -€17,807
down €17,807 (-67.6%), from €26,354 to €8,547
mainly Debts after one year (-€381,948) and Investment in fixed assets (net) (-€296,443)
- Other debts +€452,586
up €452,586 (+1,622%), from €27,900 to €480,486
- Debts after one year -€381,948
down €381,948 (-82.2%), from €464,615 to €82,667
- Reserves +€65,765
up €65,765 (+366%), from €17,974 to €83,739
of which Distributable reserves: +€55,165
- Trade debts -€36,249
down €36,249 (-92.2%), from €39,313 to €3,064
- Advances received +€26,393
up €26,393 (+13,196%), from €200 to €26,593
- Gross operating margin +€121,249
up €121,249 (+71.4%), from €169,817 to €291,066
- Staff costs +€63,607
up €63,607 (+44.6%), from €142,458 to €206,065
- Depreciation +€13,557
up €13,557 (+20.1%), from €67,407 to €80,964
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 | €493,634 | €619,861 | +€126,227 | +25.6% |
| Fixed assets | 21/28 | €355,127 | €570,606 | +€215,479 | +60.7% |
| Tangible fixed assets | 22/27 | €354,817 | €570,606 | +€215,789 | +60.8% |
| Furniture and vehicles | 24 | €318,109 | €540,714 | +€222,605 | +70.0% |
| Other tangible fixed assets | 26 | €36,708 | €29,892 | -€6,816 | -18.6% |
| Financial fixed assets | 28 | €310 | - | -€310 | |
| Current assets | 29/58 | €138,507 | €49,254 | -€89,253 | -64.4% |
| Stocks and contracts in progress | 3 | - | €26,593 | +€26,593 | |
| Contracts in progress | 37 | - | €26,593 | +€26,593 | |
| Amounts receivable within one year | 40/41 | €97,589 | - | -€97,589 | |
| Trade receivables | 40 | €83,922 | - | -€83,922 | |
| Other amounts receivable | 41 | €13,667 | - | -€13,667 | |
| Cash at bank and in hand | 54/58 | €26,354 | €8,547 | -€17,807 | -67.6% |
| Deferred charges and accrued income | 490/1 | €14,564 | €14,115 | -€449 | -3.1% |
| Total equity and liabilities | 10/49 | €493,634 | €619,861 | +€126,227 | +25.6% |
| Equity | 10/15 | -€117,720 | -€56,278 | +€61,442 | +52.2% |
| Contributions | 10/11 | €6,200 | €7,200 | +€1,000 | +16.1% |
| Reserves | 13 | €17,974 | €83,739 | +€65,765 | +366% |
| Tax-exempt reserves | 132 | €1,584 | €12,185 | +€10,601 | +669% |
| Distributable reserves | 133 | €16,390 | €71,555 | +€55,165 | +337% |
| Profit (loss) carried forward | 14 | -€141,894 | -€147,217 | -€5,323 | -3.8% |
| Amounts payable | 17/49 | €611,354 | €676,139 | +€64,785 | +10.6% |
| Amounts payable after more than one year | 17 | €464,615 | €82,667 | -€381,948 | -82.2% |
| Financial debts | 170/4 | €464,615 | €82,667 | -€381,948 | -82.2% |
| Amounts payable within one year | 42/48 | €146,739 | €593,471 | +€446,732 | +304% |
| Current portion of amounts payable after more than one year | 42 | €27,340 | €33,257 | +€5,917 | +21.6% |
| Trade debts | 44 | €39,313 | €3,064 | -€36,249 | -92.2% |
| Suppliers | 440/4 | €39,313 | €3,064 | -€36,249 | -92.2% |
| Advances received on contracts in progress | 46 | €200 | €26,593 | +€26,393 | +13,196% |
| Taxes, remuneration and social security | 45 | €51,986 | €50,072 | -€1,914 | -3.7% |
| Taxes | 450/3 | €20,179 | €11,710 | -€8,469 | -42.0% |
| Remuneration and social security | 454/9 | €31,807 | €38,362 | +€6,555 | +20.6% |
| Other amounts payable | 47/48 | €27,900 | €480,486 | +€452,586 | +1,622% |
| Remuneration, social security and pensions | 62 | €142,458 | €206,065 | +€63,607 | +44.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,407 | €80,964 | +€13,557 | +20.1% |
| Other operating charges | 640/8 | €2,765 | €2,668 | -€97 | -3.5% |
| Gross operating margin | 9900 | €169,817 | €291,066 | +€121,249 | +71.4% |
| Operating profit (loss) | 9901 | -€42,813 | €1,370 | +€44,183 | |
| Financial income | 75/76B | €717 | €9 | -€708 | -98.8% |
| Recurring financial income | 75 | €717 | €9 | -€708 | -98.8% |
| Financial charges | 65/66B | €4,213 | €6,701 | +€2,488 | +59.1% |
| Recurring financial charges | 65 | €4,213 | €6,701 | +€2,488 | +59.1% |
| Profit (loss) for the period before taxes | 9903 | -€46,309 | -€5,323 | +€40,986 | +88.5% |
| Income taxes | 67/77 | €1,767 | - | -€1,767 | |
| Profit (loss) for the period | 9904 | -€48,076 | -€5,323 | +€42,753 | +88.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€48,076 | -€5,323 | +€42,753 | +88.9% |
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 25 October 2026 via checked.be.