NH VENTURES: what changed
Two fiscal 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.
NH VENTURES
Largest movements
- Cash -€246,321
down €246,321 (-25.6%), from €960,640 to €714,319
mainly Tax, wage and social debts (-€245,428) and Receivables within one year (-€130,252)
- Receivables within one year +€130,252
up €130,252 (+239698.9%), from €54 to €130,307
of which Other amounts receivable: +€129,079
- Tangible fixed assets +€24,269
up €24,269 (+254.6%), from €9,534 to €33,803
of which Furniture and vehicles: +€16,822
- Stocks and contracts +€21,937
up €21,937 (+12.4%), from €177,243 to €199,180
- Tax, wage and social debts -€245,428
down €245,428 (-80.7%), from €304,282 to €58,854
of which Taxes: -€246,485
- Reserves +€173,937
up €173,937 (+23.1%), from €751,495 to €925,432
- Gross operating margin -€632,105
down €632,105 (-61.2%), from €1.0m to €400,085
- Taxes -€195,657
down €195,657 (-70.8%), from €276,466 to €80,809
- Financial charges +€26,832
up €26,832 (+80.0%), from €33,531 to €60,363
- Staff costs +€11,703
up €11,703 (+20.1%), from €58,201 to €69,905
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 | €1,156,799 | €1,088,083 | -€68,717 | -5.9% |
| Fixed assets | 21/28 | €10,865 | €33,803 | +€22,938 | +211.1% |
| Intangible fixed assets | 21 | €1,331 | €0 | -€1,331 | -100.0% |
| Tangible fixed assets | 22/27 | €9,534 | €33,803 | +€24,269 | +254.6% |
| Land and buildings | 22 | - | €7,447 | +€7,447 | |
| Furniture and vehicles | 24 | €9,534 | €26,356 | +€16,822 | +176.4% |
| Current assets | 29/58 | €1,145,934 | €1,054,279 | -€91,655 | -8.0% |
| Stocks and contracts in progress | 3 | €177,243 | €199,180 | +€21,937 | +12.4% |
| Stocks | 30/36 | €177,243 | €199,180 | +€21,937 | +12.4% |
| Amounts receivable within one year | 40/41 | €54 | €130,307 | +€130,252 | +239698.9% |
| Trade receivables | 40 | €12 | €1,186 | +€1,174 | +9659.6% |
| Other amounts receivable | 41 | €42 | €129,121 | +€129,079 | +305946.3% |
| Cash at bank and in hand | 54/58 | €960,640 | €714,319 | -€246,321 | -25.6% |
| Deferred charges and accrued income | 490/1 | €7,997 | €10,474 | +€2,477 | +31.0% |
| Total equity and liabilities | 10/49 | €1,156,799 | €1,088,083 | -€68,717 | -5.9% |
| Equity | 10/15 | €754,495 | €928,432 | +€173,937 | +23.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €751,495 | €925,432 | +€173,937 | +23.1% |
| Distributable reserves | 133 | €751,495 | €925,432 | +€173,937 | +23.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €402,305 | €159,651 | -€242,654 | -60.3% |
| Amounts payable within one year | 42/48 | €402,305 | €159,651 | -€242,654 | -60.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €78,536 | €85,674 | +€7,138 | +9.1% |
| Suppliers | 440/4 | €78,536 | €85,674 | +€7,138 | +9.1% |
| Taxes, remuneration and social security | 45 | €304,282 | €58,854 | -€245,428 | -80.7% |
| Taxes | 450/3 | €292,715 | €46,230 | -€246,485 | -84.2% |
| Remuneration and social security | 454/9 | €11,567 | €12,624 | +€1,057 | +9.1% |
| Other amounts payable | 47/48 | €19,487 | €15,123 | -€4,364 | -22.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €58,201 | €69,905 | +€11,703 | +20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,596 | €6,426 | +€3,830 | +147.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,655 | €6,470 | +€2,815 | +77.0% |
| Other operating charges | 640/8 | €515 | €905 | +€390 | +75.8% |
| Gross operating margin | 9900 | €1,032,190 | €400,085 | -€632,105 | -61.2% |
| Operating profit (loss) | 9901 | €967,223 | €316,380 | -€650,843 | -67.3% |
| Financial income | 75/76B | €0 | €279 | +€279 | |
| Recurring financial income | 75 | €0 | €279 | +€279 | |
| Financial charges | 65/66B | €33,531 | €60,363 | +€26,832 | +80.0% |
| Recurring financial charges | 65 | €33,531 | €60,363 | +€26,832 | +80.0% |
| Profit (loss) for the period before taxes | 9903 | €933,692 | €256,296 | -€677,396 | -72.6% |
| Income taxes | 67/77 | €276,466 | €80,809 | -€195,657 | -70.8% |
| Profit (loss) for the period | 9904 | €657,227 | €175,487 | -€481,739 | -73.3% |
| Profit (loss) for the period to be appropriated | 9905 | €657,227 | €175,487 | -€481,739 | -73.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.