NIVA CONSULT: 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.
NIVA CONSULT
Largest movements
- Receivables after one year -€150,000
down €150,000 (-100%), from €150,000 to €0
- Current investments +€119,939
up €119,939 (+119%), from €100,397 to €220,335
- Cash +€94,739
up €94,739 (+109%), from €86,677 to €181,416
mainly Receivables after one year (+€150,000) and Net result for the year (+€141,812)
- Tangible fixed assets -€36,530
down €36,530 (-14.1%), from €259,687 to €223,157
- Receivables within one year -€27,876
down €27,876 (-15.9%), from €175,659 to €147,783
of which Other amounts receivable: -€25,318
- Reserves +€48,008
up €48,008 (+9.8%), from €491,250 to €539,258
- Debts after one year -€36,161
down €36,161 (-21.4%), from €168,844 to €132,683
- Tax, wage and social debts -€33,810
down €33,810 (-60.4%), from €55,953 to €22,143
of which Taxes: -€33,810
- Trade debts +€28,180
up €28,180 (+2,140%), from €1,317 to €29,497
- Gross operating margin -€82,752
down €82,752 (-25.7%), from €322,219 to €239,467
- Taxes -€15,866
down €15,866 (-18.4%), from €86,304 to €70,438
- Financial income +€14,001
up €14,001 (+137%), from €10,234 to €24,235
- Other operating charges +€5,834
up €5,834 (+195%), from €2,985 to €8,820
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 | €783,124 | €787,996 | +€4,871 | +0.6% |
| Fixed assets | 21/28 | €259,687 | €223,157 | -€36,530 | -14.1% |
| Tangible fixed assets | 22/27 | €259,687 | €223,157 | -€36,530 | -14.1% |
| Land and buildings | 22 | €207,060 | €195,826 | -€11,234 | -5.4% |
| Furniture and vehicles | 24 | €19,163 | €8,339 | -€10,824 | -56.5% |
| Leasing and similar rights | 25 | €33,464 | €18,992 | -€14,472 | -43.2% |
| Current assets | 29/58 | €523,438 | €564,839 | +€41,401 | +7.9% |
| Amounts receivable after more than one year | 29 | €150,000 | €0 | -€150,000 | -100% |
| Trade receivables | 290 | €150,000 | €0 | -€150,000 | -100% |
| Amounts receivable within one year | 40/41 | €175,659 | €147,783 | -€27,876 | -15.9% |
| Trade receivables | 40 | €14,687 | €12,129 | -€2,559 | -17.4% |
| Other amounts receivable | 41 | €160,972 | €135,654 | -€25,318 | -15.7% |
| Current investments | 50/53 | €100,397 | €220,335 | +€119,939 | +119% |
| Cash at bank and in hand | 54/58 | €86,677 | €181,416 | +€94,739 | +109% |
| Deferred charges and accrued income | 490/1 | €10,705 | €15,305 | +€4,600 | +43.0% |
| Total equity and liabilities | 10/49 | €783,124 | €787,996 | +€4,871 | +0.6% |
| Equity | 10/15 | €509,850 | €557,858 | +€48,008 | +9.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €491,250 | €539,258 | +€48,008 | +9.8% |
| Distributable reserves | 133 | €491,250 | €539,258 | +€48,008 | +9.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €273,274 | €230,138 | -€43,137 | -15.8% |
| Amounts payable after more than one year | 17 | €168,844 | €132,683 | -€36,161 | -21.4% |
| Financial debts | 170/4 | €168,844 | €132,683 | -€36,161 | -21.4% |
| Amounts payable within one year | 42/48 | €104,430 | €97,455 | -€6,975 | -6.7% |
| Current portion of amounts payable after more than one year | 42 | €36,052 | €36,161 | +€109 | +0.3% |
| Financial debts | 43 | €11,108 | €8,454 | -€2,654 | -23.9% |
| Credit institutions | 430/8 | €11,108 | €8,454 | -€2,654 | -23.9% |
| Trade debts | 44 | €1,317 | €29,497 | +€28,180 | +2,140% |
| Suppliers | 440/4 | €1,317 | €29,497 | +€28,180 | +2,140% |
| Taxes, remuneration and social security | 45 | €55,953 | €22,143 | -€33,810 | -60.4% |
| Taxes | 450/3 | €55,953 | €22,143 | -€33,810 | -60.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | - | €1,200 | +€1,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,118 | €30,972 | -€3,146 | -9.2% |
| Other operating charges | 640/8 | €2,985 | €8,820 | +€5,834 | +195% |
| Gross operating margin | 9900 | €322,219 | €239,467 | -€82,752 | -25.7% |
| Operating profit (loss) | 9901 | €285,115 | €199,675 | -€85,440 | -30.0% |
| Financial income | 75/76B | €10,234 | €24,235 | +€14,001 | +137% |
| Recurring financial income | 75 | €10,234 | €24,235 | +€14,001 | +137% |
| Financial charges | 65/66B | €10,795 | €11,659 | +€865 | +8.0% |
| Recurring financial charges | 65 | €10,795 | €11,659 | +€865 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | €284,554 | €212,250 | -€72,304 | -25.4% |
| Income taxes | 67/77 | €86,304 | €70,438 | -€15,866 | -18.4% |
| Profit (loss) for the period | 9904 | €198,250 | €141,812 | -€56,438 | -28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €198,250 | €141,812 | -€56,438 | -28.5% |
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 17 October 2026 via checked.be.