NEVIMO: 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.
NEVIMO
Largest movements
- Cash +€1.7m
up €1.7m (+591%), from €284,808 to €2.0m
mainly Depreciation (+€1.3m) and Other debts (+€693,583)
- Tangible fixed assets -€1.5m
down €1.5m (-11.8%), from €12.6m to €11.2m
of which Land and buildings: -€935,401
- Other debts +€693,583
up €693,583 (+32.1%), from €2.2m to €2.9m
- Debts after one year -€538,587
down €538,587 (-7.9%), from €6.9m to €6.3m
- Trade debts +€310,056
up €310,056 (+386%), from €80,375 to €390,431
- Tax, wage and social debts -€286,266
down €286,266 (-45.2%), from €633,534 to €347,268
of which Taxes: -€269,153
- Gross operating margin -€1.1m
down €1.1m (-27.5%), from €3.8m to €2.8m
- Taxes -€757,686
down €757,686 (-74.4%), from €1.0m to €260,638
- Depreciation -€226,512
down €226,512 (-14.4%), from €1.6m to €1.3m
- Financial charges +€199,806
up €199,806 (+49.0%), from €407,992 to €607,798
- Financial income +€154,827
up €154,827 (+86.9%), from €178,141 to €332,968
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 | €23,685,407 | €23,929,208 | +€243,800 | +1.0% |
| Fixed assets | 21/28 | €12,767,064 | €11,188,345 | -€1.6m | -12.4% |
| Tangible fixed assets | 22/27 | €12,646,019 | €11,156,106 | -€1.5m | -11.8% |
| Land and buildings | 22 | €9,868,453 | €8,933,052 | -€935,401 | -9.5% |
| Plant, machinery and equipment | 23 | €380,829 | €449,596 | +€68,768 | +18.1% |
| Furniture and vehicles | 24 | €61,834 | €29,817 | -€32,017 | -51.8% |
| Leasing and similar rights | 25 | €2,334,903 | €1,743,640 | -€591,263 | -25.3% |
| Financial fixed assets | 28 | €121,045 | €32,240 | -€88,805 | -73.4% |
| Current assets | 29/58 | €10,918,343 | €12,740,862 | +€1.8m | +16.7% |
| Amounts receivable within one year | 40/41 | €10,633,535 | €10,771,935 | +€138,400 | +1.3% |
| Trade receivables | 40 | €2,534,422 | €1,765,051 | -€769,372 | -30.4% |
| Other amounts receivable | 41 | €8,099,113 | €9,006,884 | +€907,772 | +11.2% |
| Cash at bank and in hand | 54/58 | €284,808 | €1,968,927 | +€1.7m | +591% |
| Total equity and liabilities | 10/49 | €23,685,407 | €23,929,208 | +€243,800 | +1.0% |
| Equity | 10/15 | €12,739,740 | €12,953,923 | +€214,183 | +1.7% |
| Contributions | 10/11 | €1,045,000 | €1,045,000 | = | 0.0% |
| Capital | 10 | €1,045,000 | €1,045,000 | = | 0.0% |
| Issued capital | 100 | €1,045,000 | €1,045,000 | = | 0.0% |
| Reserves | 13 | €117,461 | €117,461 | = | 0.0% |
| Non-distributable reserves | 130/1 | €104,500 | €104,500 | = | 0.0% |
| Legal reserve | 130 | €104,500 | €104,500 | = | 0.0% |
| Distributable reserves | 133 | €12,961 | €12,961 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,577,279 | €11,791,462 | +€214,183 | +1.9% |
| Amounts payable | 17/49 | €10,945,667 | €10,975,284 | +€29,617 | +0.3% |
| Amounts payable after more than one year | 17 | €6,850,916 | €6,312,328 | -€538,587 | -7.9% |
| Financial debts | 170/4 | €6,850,916 | €6,312,328 | -€538,587 | -7.9% |
| Amounts payable within one year | 42/48 | €4,092,007 | €4,662,956 | +€570,949 | +14.0% |
| Current portion of amounts payable after more than one year | 42 | €718,411 | €571,987 | -€146,423 | -20.4% |
| Financial debts | 43 | €500,000 | €500,000 | = | 0.0% |
| Credit institutions | 430/8 | €500,000 | €500,000 | = | 0.0% |
| Trade debts | 44 | €80,375 | €390,431 | +€310,056 | +386% |
| Suppliers | 440/4 | €80,375 | €390,431 | +€310,056 | +386% |
| Taxes, remuneration and social security | 45 | €633,534 | €347,268 | -€286,266 | -45.2% |
| Taxes | 450/3 | €585,933 | €316,779 | -€269,153 | -45.9% |
| Remuneration and social security | 454/9 | €47,602 | €30,489 | -€17,113 | -36.0% |
| Other amounts payable | 47/48 | €2,159,687 | €2,853,270 | +€693,583 | +32.1% |
| Accrued charges and deferred income | 492/3 | €2,745 | - | -€2,745 | |
| Non-recurring operating income | 76A | - | €1 | +€1 | |
| Remuneration, social security and pensions | 62 | €472,516 | €466,004 | -€6,512 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,570,555 | €1,344,043 | -€226,512 | -14.4% |
| Other operating charges | 640/8 | €180,179 | €177,886 | -€2,293 | -1.3% |
| Non-recurring operating charges | 66A | - | €38,946 | +€38,946 | |
| Gross operating margin | 9900 | €3,830,905 | €2,776,530 | -€1.1m | -27.5% |
| Operating profit (loss) | 9901 | €1,607,655 | €749,652 | -€858,003 | -53.4% |
| Financial income | 75/76B | €178,141 | €332,968 | +€154,827 | +86.9% |
| Recurring financial income | 75 | €178,141 | €332,968 | +€154,827 | +86.9% |
| Financial charges | 65/66B | €407,992 | €607,798 | +€199,806 | +49.0% |
| Recurring financial charges | 65 | €407,992 | €607,798 | +€199,806 | +49.0% |
| Profit (loss) for the period before taxes | 9903 | €1,377,803 | €474,821 | -€902,982 | -65.5% |
| Income taxes | 67/77 | €1,018,324 | €260,638 | -€757,686 | -74.4% |
| Profit (loss) for the period | 9904 | €359,479 | €214,183 | -€145,296 | -40.4% |
| Profit (loss) for the period to be appropriated | 9905 | €359,479 | €214,183 | -€145,296 | -40.4% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.