NIVEL'HOUSE: 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.
What changed
NIVEL'HOUSE
NACE 82.300, Organisation of conventions and trade shows
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€14,733
2024 · €6,006+€8,727
Equity
€134,988
2024 · €120,254+€14,734
Cash
-
2024 · €3,661-€3,661
Balance sheet total
€433,721
2024 · €432,415+€1,306
Largest movements
Assets
- Current investments +€9,207
new in 2025: €9,207
Equity and liabilities
- Debts after one year -€16,047
down €16,047 (-5.6%), from €286,987 to €270,940
of which Financial debts: -€16,047
- Profit (loss) carried forward +€14,734
up €14,734 (+90.4%), from €16,304 to €31,038
- Tax, wage and social debts +€5,211
up €5,211 (+133%), from €3,932 to €9,143
Income statement
- Gross operating margin +€12,345
up €12,345 (+36.3%), from €33,975 to €46,320
- Taxes +€3,460
up €3,460 (+224%), from €1,547 to €5,007
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.
Result 2024
€6,006
Gross operating margin
+€12,345
Depreciation
+€197
Other operating charges
-€83
Financial income
+€2
Financial charges
-€274
Taxes
-€3,460
Result 2025
€14,733
raises the resultlowers the result
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.
From operations
+€28,405
Investment
-€19,004
Financing
-€13,062
Cash 2024
€3,661
From operations (derived)
+€28,405
Net result for the year
+€14,733
Depreciation
+€13,523
Stocks and contracts
+€995
Receivables within one year
-€47
Deferred charges and accrued income
-€435
Provisions
-€3,606
Trade debts
-€2,105
Tax, wage and social debts
+€5,211
Advances received
+€135
Investment (derived)
-€19,004
Investment in fixed assets (net)
-€9,798
Current investments
-€9,207
Financing
-€13,062
Debts after one year
-€16,047
Short-term financial debts
+€2,985
Contributions, distributions and other
+€0
Cash 2025
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €432,415 | €433,721 | +€1,306 | +0.3% |
| Fixed assets | 21/28 | €427,273 | €423,548 | -€3,725 | -0.9% |
| Tangible fixed assets | 22/27 | €427,273 | €423,548 | -€3,725 | -0.9% |
| Land and buildings | 22 | €426,261 | €415,228 | -€11,033 | -2.6% |
| Plant, machinery and equipment | 23 | €1,012 | €7,319 | +€6,307 | +623% |
| Leasing and similar rights | 25 | - | €1,001 | +€1,001 | |
| Current assets | 29/58 | €5,142 | €10,174 | +€5,032 | +97.9% |
| Stocks and contracts in progress | 3 | €1,481 | €486 | -€995 | -67.2% |
| Stocks | 30/36 | €1,481 | €486 | -€995 | -67.2% |
| Amounts receivable within one year | 40/41 | - | €47 | +€47 | |
| Trade receivables | 40 | - | €45 | +€45 | |
| Other amounts receivable | 41 | - | €2 | +€2 | |
| Current investments | 50/53 | - | €9,207 | +€9,207 | |
| Cash at bank and in hand | 54/58 | €3,661 | - | -€3,661 | |
| Deferred charges and accrued income | 490/1 | - | €435 | +€435 | |
| Total equity and liabilities | 10/49 | €432,415 | €433,721 | +€1,306 | +0.3% |
| Equity | 10/15 | €120,254 | €134,988 | +€14,734 | +12.3% |
| Contributions | 10/11 | €94,500 | €94,500 | = | 0.0% |
| Capital | 10 | - | €94,500 | +€94,500 | |
| Issued capital | 100 | - | €94,500 | +€94,500 | |
| Reserves | 13 | €9,450 | €9,450 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,450 | €9,450 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,450 | €9,450 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,304 | €31,038 | +€14,734 | +90.4% |
| Provisions and deferred taxes | 16 | €3,606 | - | -€3,606 | |
| Provisions for liabilities and charges | 160/5 | €3,606 | - | -€3,606 | |
| Major repairs and maintenance | 162 | €3,606 | - | -€3,606 | |
| Amounts payable | 17/49 | €308,555 | €298,734 | -€9,821 | -3.2% |
| Amounts payable after more than one year | 17 | €286,987 | €270,940 | -€16,047 | -5.6% |
| Financial debts | 170/4 | €246,895 | €230,848 | -€16,047 | -6.5% |
| Other amounts payable | 178/9 | €40,092 | €40,092 | = | 0.0% |
| Amounts payable within one year | 42/48 | €21,568 | €27,793 | +€6,225 | +28.9% |
| Financial debts | 43 | €12,562 | €15,547 | +€2,985 | +23.8% |
| Other loans | 439 | €12,562 | €15,547 | +€2,985 | +23.8% |
| Trade debts | 44 | €5,074 | €2,969 | -€2,105 | -41.5% |
| Suppliers | 440/4 | €5,074 | €2,969 | -€2,105 | -41.5% |
| Advances received on contracts in progress | 46 | - | €135 | +€135 | |
| Taxes, remuneration and social security | 45 | €3,932 | €9,143 | +€5,211 | +133% |
| Taxes | 450/3 | €3,932 | €9,143 | +€5,211 | +133% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,720 | €13,523 | -€197 | -1.4% |
| Other operating charges | 640/8 | €3,981 | €4,064 | +€83 | +2.1% |
| Gross operating margin | 9900 | €33,975 | €46,320 | +€12,345 | +36.3% |
| Operating profit (loss) | 9901 | €16,274 | €28,733 | +€12,459 | +76.6% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €8,721 | €8,995 | +€274 | +3.1% |
| Recurring financial charges | 65 | €8,721 | €8,995 | +€274 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €7,553 | €19,740 | +€12,187 | +161% |
| Income taxes | 67/77 | €1,547 | €5,007 | +€3,460 | +224% |
| Profit (loss) for the period | 9904 | €6,006 | €14,733 | +€8,727 | +145% |
| Profit (loss) for the period to be appropriated | 9905 | €6,006 | €14,733 | +€8,727 | +145% |
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 20 October 2026 via checked.be.