NIV CONSTRUCT: 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.
NIV CONSTRUCT
Largest movements
- Receivables within one year +€6,942
up €6,942 (+22.9%), from €30,341 to €37,283
of which Trade receivables: +€4,101
- Tangible fixed assets -€5,843
down €5,843 (-33.9%), from €17,223 to €11,380
of which Furniture and vehicles: -€5,145
- Cash +€1,982
up €1,982 (+30.1%), from €6,579 to €8,561
mainly Depreciation (+€10,459) and Net result for the year (+€7,830)
- Short-term financial debts -€7,606
no longer reported in 2025 (was €7,606)
- Other debts +€5,981
up €5,981 (+31900.0%), from €19 to €6,000
- Trade debts +€2,548
new in 2025: €2,548
- Profit (loss) carried forward +€1,830
up €1,830 (+8.6%), from €21,243 to €23,073
- Turnover -€23,540
down €23,540 (-5.7%), from €413,613 to €390,073
- Gross operating margin +€22,931
up €22,931 (+48.4%), from €47,409 to €70,341
- Purchases and services -€18,478
down €18,478 (-5.0%), from €367,095 to €348,617
- Staff costs +€4,149
up €4,149 (+12.1%), from €34,382 to €38,531
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 | €57,794 | €61,064 | +€3,270 | +5.7% |
| Fixed assets | 21/28 | €17,223 | €11,380 | -€5,843 | -33.9% |
| Tangible fixed assets | 22/27 | €17,223 | €11,380 | -€5,843 | -33.9% |
| Plant, machinery and equipment | 23 | €3,252 | €2,554 | -€698 | -21.5% |
| Furniture and vehicles | 24 | €13,971 | €8,826 | -€5,145 | -36.8% |
| Current assets | 29/58 | €40,571 | €49,684 | +€9,112 | +22.5% |
| Amounts receivable within one year | 40/41 | €30,341 | €37,283 | +€6,942 | +22.9% |
| Trade receivables | 40 | €26,818 | €30,919 | +€4,101 | +15.3% |
| Other amounts receivable | 41 | €3,523 | €6,364 | +€2,841 | +80.6% |
| Cash at bank and in hand | 54/58 | €6,579 | €8,561 | +€1,982 | +30.1% |
| Deferred charges and accrued income | 490/1 | €3,651 | €3,840 | +€189 | +5.2% |
| Total equity and liabilities | 10/49 | €57,794 | €61,064 | +€3,270 | +5.7% |
| Equity | 10/15 | €32,243 | €34,073 | +€1,830 | +5.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | €10,000 | = | 0.0% |
| Issued capital | 100 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Legal reserve | 130 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,243 | €23,073 | +€1,830 | +8.6% |
| Amounts payable | 17/49 | €25,551 | €26,990 | +€1,440 | +5.6% |
| Amounts payable within one year | 42/48 | €25,501 | €26,493 | +€991 | +3.9% |
| Financial debts | 43 | €7,606 | - | -€7,606 | |
| Credit institutions | 430/8 | €7,606 | - | -€7,606 | |
| Trade debts | 44 | - | €2,548 | +€2,548 | |
| Suppliers | 440/4 | - | €2,548 | +€2,548 | |
| Taxes, remuneration and social security | 45 | €17,877 | €17,944 | +€68 | +0.4% |
| Taxes | 450/3 | €11,114 | €11,516 | +€403 | +3.6% |
| Remuneration and social security | 454/9 | €6,763 | €6,428 | -€335 | -5.0% |
| Other amounts payable | 47/48 | €19 | €6,000 | +€5,981 | +31900.0% |
| Accrued charges and deferred income | 492/3 | €49 | €498 | +€448 | +909.5% |
| Turnover | 70 | €413,613 | €390,073 | -€23,540 | -5.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €367,095 | €348,617 | -€18,478 | -5.0% |
| Remuneration, social security and pensions | 62 | €34,382 | €38,531 | +€4,149 | +12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,122 | €10,459 | +€336 | +3.3% |
| Other operating charges | 640/8 | €5,546 | €2,996 | -€2,550 | -46.0% |
| Gross operating margin | 9900 | €47,409 | €70,341 | +€22,931 | +48.4% |
| Operating profit (loss) | 9901 | -€2,641 | €18,354 | +€20,995 | |
| Financial income | 75/76B | - | €240 | +€240 | |
| Recurring financial income | 75 | - | €240 | +€240 | |
| Financial charges | 65/66B | €9,140 | €6,402 | -€2,737 | -30.0% |
| Recurring financial charges | 65 | €9,140 | €6,402 | -€2,737 | -30.0% |
| Profit (loss) for the period before taxes | 9903 | -€11,781 | €12,192 | +€23,972 | |
| Income taxes | 67/77 | €1,720 | €4,361 | +€2,641 | +153.5% |
| Profit (loss) for the period | 9904 | -€13,501 | €7,830 | +€21,331 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,501 | €7,830 | +€21,331 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.