NIVAS MANAGEMENT & CONSULTING: what changed
NIVAS MANAGEMENT & CONSULTING
Largest movements
- Tangible fixed assets +€77,746
up €77,746 (+920%), from €8,450 to €86,195
of which Assets under construction and advance payments: +€51,756
- Cash -€51,098
down €51,098 (-54.6%), from €93,577 to €42,479
mainly Investment in fixed assets (net) (-€84,313) and Receivables within one year (-€28,410)
- Receivables within one year +€28,410
up €28,410 (+878%), from €3,236 to €31,646
of which Trade receivables: +€29,645
- Debts after one year +€42,305
new in 2025: €42,305
- Reserves +€4,599
up €4,599 (+4.6%), from €99,418 to €104,017
- Current portion of long-term debt +€4,051
new in 2025: €4,051
- Tax, wage and social debts +€2,463
new in 2025: €2,463
- Depreciation +€5,870
up €5,870 (+842%), from €697 to €6,567
- Gross operating margin +€3,892
up €3,892 (+30.1%), from €12,951 to €16,843
- Financial charges +€2,582
up €2,582 (+391%), from €661 to €3,242
- Taxes -€1,242
down €1,242 (-38.3%), from €3,241 to €1,999
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €106,370 | €160,320 | +€53,950 | +50.7% |
| Fixed assets | 21/28 | €8,450 | €86,195 | +€77,746 | +920% |
| Tangible fixed assets | 22/27 | €8,450 | €86,195 | +€77,746 | +920% |
| Land and buildings | 22 | €8,040 | €23,859 | +€15,819 | +197% |
| Furniture and vehicles | 24 | €410 | €10,581 | +€10,171 | +2,482% |
| Assets under construction and advance payments | 27 | - | €51,756 | +€51,756 | |
| Current assets | 29/58 | €97,920 | €74,125 | -€23,795 | -24.3% |
| Amounts receivable within one year | 40/41 | €3,236 | €31,646 | +€28,410 | +878% |
| Trade receivables | 40 | - | €29,645 | +€29,645 | |
| Other amounts receivable | 41 | €3,236 | €2,001 | -€1,235 | -38.2% |
| Cash at bank and in hand | 54/58 | €93,577 | €42,479 | -€51,098 | -54.6% |
| Deferred charges and accrued income | 490/1 | €1,107 | - | -€1,107 | |
| Total equity and liabilities | 10/49 | €106,370 | €160,320 | +€53,950 | +50.7% |
| Equity | 10/15 | €104,418 | €109,017 | +€4,599 | +4.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €99,418 | €104,017 | +€4,599 | +4.6% |
| Distributable reserves | 133 | €99,418 | €104,017 | +€4,599 | +4.6% |
| Amounts payable | 17/49 | €1,952 | €51,303 | +€49,351 | +2,529% |
| Amounts payable after more than one year | 17 | - | €42,305 | +€42,305 | |
| Financial debts | 170/4 | - | €42,305 | +€42,305 | |
| Amounts payable within one year | 42/48 | €1,952 | €8,998 | +€7,047 | +361% |
| Current portion of amounts payable after more than one year | 42 | - | €4,051 | +€4,051 | |
| Trade debts | 44 | €1,702 | €2,235 | +€533 | +31.3% |
| Suppliers | 440/4 | €1,702 | €2,235 | +€533 | +31.3% |
| Taxes, remuneration and social security | 45 | - | €2,463 | +€2,463 | |
| Taxes | 450/3 | - | €2,463 | +€2,463 | |
| Other amounts payable | 47/48 | €250 | €250 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €697 | €6,567 | +€5,870 | +842% |
| Other operating charges | 640/8 | €423 | €435 | +€12 | +2.9% |
| Gross operating margin | 9900 | €12,951 | €16,843 | +€3,892 | +30.1% |
| Operating profit (loss) | 9901 | €11,831 | €9,840 | -€1,991 | -16.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €661 | €3,242 | +€2,582 | +391% |
| Recurring financial charges | 65 | €661 | €3,242 | +€2,582 | +391% |
| Profit (loss) for the period before taxes | 9903 | €11,170 | €6,598 | -€4,572 | -40.9% |
| Income taxes | 67/77 | €3,241 | €1,999 | -€1,242 | -38.3% |
| Profit (loss) for the period | 9904 | €7,929 | €4,599 | -€3,330 | -42.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,929 | €4,599 | -€3,330 | -42.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.