NEVIZADE: 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.
NEVIZADE
Largest movements
- Tangible fixed assets +€37,011
up €37,011 (+200%), from €18,491 to €55,502
of which Plant, machinery and equipment: +€30,830
- Cash +€13,049
up €13,049 (+59.5%), from €21,933 to €34,982
mainly Trade debts (+€87,011) and Net result for the year (+€21,964)
- Receivables within one year +€7,518
up €7,518 (+17.7%), from €42,447 to €49,965
of which Trade receivables: +€6,376
- Deferred charges and accrued income -€3,079
no longer reported in 2025 (was €3,079)
- Trade debts +€87,011
up €87,011 (+167%), from €52,016 to €139,027
- Tax, wage and social debts -€54,711
down €54,711 (-51.3%), from €106,569 to €51,858
of which Remuneration and social security: -€31,876
- Profit (loss) carried forward +€21,964
up €21,964 (+32.8%), from -€67,051 to -€45,087
- Gross operating margin +€60,839
up €60,839 (+34.4%), from €176,741 to €237,580
- Staff costs -€13,939
down €13,939 (-7.7%), from €180,203 to €166,264
- Financial charges +€11,784
up €11,784 (+171%), from €6,893 to €18,677
- Taxes +€2,776
up €2,776 (+529%), from €524 to €3,300
- Depreciation +€2,705
up €2,705 (+31.1%), from €8,695 to €11,400
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 | €113,735 | €167,999 | +€54,264 | +47.7% |
| Fixed assets | 21/28 | €44,275 | €80,902 | +€36,626 | +82.7% |
| Tangible fixed assets | 22/27 | €18,491 | €55,502 | +€37,011 | +200% |
| Plant, machinery and equipment | 23 | €15,661 | €46,491 | +€30,830 | +197% |
| Furniture and vehicles | 24 | - | €7,151 | +€7,151 | |
| Other tangible fixed assets | 26 | €2,830 | €1,860 | -€970 | -34.3% |
| Financial fixed assets | 28 | €25,785 | €25,400 | -€385 | -1.5% |
| Current assets | 29/58 | €69,460 | €87,097 | +€17,638 | +25.4% |
| Stocks and contracts in progress | 3 | €2,000 | €2,150 | +€150 | +7.5% |
| Stocks | 30/36 | €2,000 | €2,150 | +€150 | +7.5% |
| Amounts receivable within one year | 40/41 | €42,447 | €49,965 | +€7,518 | +17.7% |
| Trade receivables | 40 | €4,874 | €11,251 | +€6,376 | +131% |
| Other amounts receivable | 41 | €37,573 | €38,715 | +€1,141 | +3.0% |
| Cash at bank and in hand | 54/58 | €21,933 | €34,982 | +€13,049 | +59.5% |
| Deferred charges and accrued income | 490/1 | €3,079 | - | -€3,079 | |
| Total equity and liabilities | 10/49 | €113,735 | €167,999 | +€54,264 | +47.7% |
| Equity | 10/15 | -€44,851 | -€22,886 | +€21,964 | +49.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €20,701 | €20,701 | = | 0.0% |
| Distributable reserves | 133 | €20,701 | €20,701 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,051 | -€45,087 | +€21,964 | +32.8% |
| Amounts payable | 17/49 | €158,586 | €190,885 | +€32,299 | +20.4% |
| Amounts payable within one year | 42/48 | €158,586 | €190,885 | +€32,299 | +20.4% |
| Trade debts | 44 | €52,016 | €139,027 | +€87,011 | +167% |
| Suppliers | 440/4 | €52,016 | €139,027 | +€87,011 | +167% |
| Taxes, remuneration and social security | 45 | €106,569 | €51,858 | -€54,711 | -51.3% |
| Taxes | 450/3 | €51,342 | €28,507 | -€22,835 | -44.5% |
| Remuneration and social security | 454/9 | €55,227 | €23,351 | -€31,876 | -57.7% |
| Remuneration, social security and pensions | 62 | €180,203 | €166,264 | -€13,939 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,695 | €11,400 | +€2,705 | +31.1% |
| Other operating charges | 640/8 | €17,427 | €17,475 | +€48 | +0.3% |
| Non-recurring operating charges | 66A | €7,017 | - | -€7,017 | |
| Gross operating margin | 9900 | €176,741 | €237,580 | +€60,839 | +34.4% |
| Operating profit (loss) | 9901 | -€36,601 | €42,441 | +€79,042 | |
| Financial income | 75/76B | €2,182 | €1,500 | -€682 | -31.3% |
| Recurring financial income | 75 | €2,182 | €1,500 | -€682 | -31.3% |
| Financial charges | 65/66B | €6,893 | €18,677 | +€11,784 | +171% |
| Recurring financial charges | 65 | €6,893 | €18,677 | +€11,784 | +171% |
| Profit (loss) for the period before taxes | 9903 | -€41,311 | €25,265 | +€66,576 | |
| Income taxes | 67/77 | €524 | €3,300 | +€2,776 | +529% |
| Profit (loss) for the period | 9904 | -€41,835 | €21,964 | +€63,800 | |
| Profit (loss) for the period to be appropriated | 9905 | -€41,835 | €21,964 | +€63,800 |
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 25 October 2026 via checked.be.