NEVICATA: 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.
NEVICATA
Largest movements
- Receivables within one year -€3,925
down €3,925 (-4.7%), from €84,213 to €80,288
of which Trade receivables: -€5,796
- Other debts +€46,215
up €46,215 (+7.4%), from €626,547 to €672,762
- Profit (loss) carried forward -€38,088
down €38,088 (-2.5%), from -€1.5m to -€1.6m
- Accrued charges and deferred income -€16,195
down €16,195 (-42.7%), from €37,933 to €21,738
- Trade debts +€4,398
up €4,398 (+7.3%), from €60,586 to €64,983
- Gross operating margin +€62,192
up €62,192 (+67.4%), from -€92,243 to -€30,050
- Other operating charges +€4,245
up €4,245 (+704.5%), from €603 to €4,847
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 | €349,574 | €346,925 | -€2,649 | -0.8% |
| Fixed assets | 21/28 | €11,729 | €9,522 | -€2,207 | -18.8% |
| Intangible fixed assets | 21 | €2,804 | €1,402 | -€1,402 | -50.0% |
| Tangible fixed assets | 22/27 | €888 | €83 | -€805 | -90.7% |
| Furniture and vehicles | 24 | €888 | €83 | -€805 | -90.7% |
| Financial fixed assets | 28 | €8,037 | €8,037 | = | 0.0% |
| Current assets | 29/58 | €337,845 | €337,403 | -€442 | -0.1% |
| Stocks and contracts in progress | 3 | €237,610 | €238,907 | +€1,297 | +0.5% |
| Stocks | 30/36 | €237,610 | €238,907 | +€1,297 | +0.5% |
| Amounts receivable within one year | 40/41 | €84,213 | €80,288 | -€3,925 | -4.7% |
| Trade receivables | 40 | €81,546 | €75,750 | -€5,796 | -7.1% |
| Other amounts receivable | 41 | €2,667 | €4,538 | +€1,871 | +70.1% |
| Cash at bank and in hand | 54/58 | €15,639 | €16,776 | +€1,137 | +7.3% |
| Deferred charges and accrued income | 490/1 | €384 | €1,432 | +€1,049 | +273.4% |
| Total equity and liabilities | 10/49 | €349,574 | €346,925 | -€2,649 | -0.8% |
| Equity | 10/15 | -€1,535,722 | -€1,573,810 | -€38,088 | -2.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,548,122 | -€1,586,210 | -€38,088 | -2.5% |
| Amounts payable | 17/49 | €1,885,296 | €1,920,735 | +€35,439 | +1.9% |
| Amounts payable after more than one year | 17 | €1,160,000 | €1,160,000 | = | 0.0% |
| Other amounts payable | 178/9 | €1,160,000 | €1,160,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €687,362 | €738,996 | +€51,634 | +7.5% |
| Trade debts | 44 | €60,586 | €64,983 | +€4,398 | +7.3% |
| Suppliers | 440/4 | €60,586 | €64,983 | +€4,398 | +7.3% |
| Taxes, remuneration and social security | 45 | €230 | €1,251 | +€1,021 | +444.3% |
| Taxes | 450/3 | €230 | €1,251 | +€1,021 | +444.3% |
| Other amounts payable | 47/48 | €626,547 | €672,762 | +€46,215 | +7.4% |
| Accrued charges and deferred income | 492/3 | €37,933 | €21,738 | -€16,195 | -42.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,225 | €2,207 | -€18 | -0.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€74 | €218 | +€292 | |
| Other operating charges | 640/8 | €603 | €4,847 | +€4,245 | +704.5% |
| Gross operating margin | 9900 | -€92,243 | -€30,050 | +€62,192 | +67.4% |
| Operating profit (loss) | 9901 | -€94,997 | -€37,323 | +€57,673 | +60.7% |
| Financial income | 75/76B | €70 | €79 | +€9 | +12.3% |
| Recurring financial income | 75 | €70 | €79 | +€9 | +12.3% |
| Financial charges | 65/66B | €885 | €769 | -€116 | -13.1% |
| Recurring financial charges | 65 | €885 | €769 | -€116 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | -€95,811 | -€38,013 | +€57,798 | +60.3% |
| Income taxes | 67/77 | €175 | €75 | -€100 | -57.2% |
| Profit (loss) for the period | 9904 | -€95,986 | -€38,088 | +€57,898 | +60.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€95,986 | -€38,088 | +€57,898 | +60.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.