NIV42: 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.
NIV42
Largest movements
- Tangible fixed assets -€3,190
down €3,190 (-30.6%), from €10,426 to €7,236
of which Furniture and vehicles: -€2,796
- Cash -€1,557
down €1,557 (-80.2%), from €1,940 to €384
mainly Net result for the year (-€8,356) and Debts after one year (-€3,670)
- Receivables within one year +€289
up €289 (+21.6%), from €1,339 to €1,629
- Deferred charges and accrued income -€242
down €242 (-100.0%), from €242 to €0
- Other debts +€9,112
up €9,112 (+140.1%), from €6,503 to €15,616
- Profit (loss) carried forward -€8,356
down €8,356 (-144.6%), from -€5,778 to -€14,134
- Debts after one year -€3,670
down €3,670 (-65.6%), from €5,597 to €1,927
- Trade debts -€1,982
down €1,982 (-83.9%), from €2,362 to €380
- Current portion of long-term debt +€197
up €197 (+5.7%), from €3,473 to €3,670
- Gross operating margin +€15,725
up €15,725 (+79.5%), from -€19,780 to -€4,055
- Taxes -€290
down €290 (-100.0%), from €290 to €0
- Other operating charges -€286
down €286 (-35.5%), from €805 to €520
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 | €13,948 | €9,248 | -€4,699 | -33.7% |
| Fixed assets | 21/28 | €10,426 | €7,236 | -€3,190 | -30.6% |
| Tangible fixed assets | 22/27 | €10,426 | €7,236 | -€3,190 | -30.6% |
| Plant, machinery and equipment | 23 | €767 | €373 | -€394 | -51.4% |
| Furniture and vehicles | 24 | €9,659 | €6,863 | -€2,796 | -28.9% |
| Current assets | 29/58 | €3,522 | €2,012 | -€1,510 | -42.9% |
| Amounts receivable within one year | 40/41 | €1,339 | €1,629 | +€289 | +21.6% |
| Other amounts receivable | 41 | €1,339 | €1,629 | +€289 | +21.6% |
| Cash at bank and in hand | 54/58 | €1,940 | €384 | -€1,557 | -80.2% |
| Deferred charges and accrued income | 490/1 | €242 | €0 | -€242 | -100.0% |
| Total equity and liabilities | 10/49 | €13,948 | €9,248 | -€4,699 | -33.7% |
| Equity | 10/15 | -€4,278 | -€12,634 | -€8,356 | -195.3% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€5,778 | -€14,134 | -€8,356 | -144.6% |
| Amounts payable | 17/49 | €18,226 | €21,883 | +€3,657 | +20.1% |
| Amounts payable after more than one year | 17 | €5,597 | €1,927 | -€3,670 | -65.6% |
| Financial debts | 170/4 | €5,597 | €1,927 | -€3,670 | -65.6% |
| Amounts payable within one year | 42/48 | €12,628 | €19,956 | +€7,327 | +58.0% |
| Current portion of amounts payable after more than one year | 42 | €3,473 | €3,670 | +€197 | +5.7% |
| Trade debts | 44 | €2,362 | €380 | -€1,982 | -83.9% |
| Suppliers | 440/4 | €2,362 | €380 | -€1,982 | -83.9% |
| Taxes, remuneration and social security | 45 | €290 | €290 | = | 0.0% |
| Taxes | 450/3 | €290 | €290 | = | 0.0% |
| Other amounts payable | 47/48 | €6,503 | €15,616 | +€9,112 | +140.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,190 | €3,190 | = | 0.0% |
| Other operating charges | 640/8 | €805 | €520 | -€286 | -35.5% |
| Gross operating margin | 9900 | -€19,780 | -€4,055 | +€15,725 | +79.5% |
| Operating profit (loss) | 9901 | -€23,775 | -€7,764 | +€16,011 | +67.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €742 | €592 | -€150 | -20.2% |
| Recurring financial charges | 65 | €742 | €592 | -€150 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | -€24,517 | -€8,356 | +€16,161 | +65.9% |
| Income taxes | 67/77 | €290 | €0 | -€290 | -100.0% |
| Profit (loss) for the period | 9904 | -€24,807 | -€8,356 | +€16,450 | +66.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,807 | -€8,356 | +€16,450 | +66.3% |
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 10 October 2026 via checked.be.