Nivezé Prévoyance: 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
Nivezé Prévoyance
NACE 66.220, Insurance agents and brokers
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€43,149
2024 · €64,491-€21,343
Equity
€1.5m
2024 · €1.5m+€41,614
Cash
€744,000
2024 · €664,013+€79,987
Balance sheet total
€1.7m
2024 · €1.7m+€24,135
Largest movements
Assets
- Cash +€79,987
up €79,987 (+12.0%), from €664,013 to €744,000
mainly Depreciation (+€47,910) and Net result for the year (+€43,149)
- Tangible fixed assets -€51,688
down €51,688 (-5.8%), from €883,840 to €832,152
of which Land and buildings: -€43,097
Equity and liabilities
- Reserves +€40,744
up €40,744 (+2.8%), from €1.4m to €1.5m
of which Distributable reserves: +€40,744
- Debts after one year -€28,496
down €28,496 (-49.4%), from €57,712 to €29,216
Income statement
- Staff costs +€51,737
up €51,737 (+11.1%), from €465,580 to €517,317
- Gross operating margin +€17,597
up €17,597 (+2.9%), from €612,997 to €630,594
- Taxes -€6,366
down €6,366 (-33.7%), from €18,870 to €12,504
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
€64,491
Gross operating margin
+€17,597
Staff costs
-€51,737
Depreciation
+€3,599
Other operating charges
+€1,470
Financial income
+€581
Financial charges
+€780
Taxes
+€6,366
Result 2025
€43,149
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
+€105,536
Investment
+€3,778
Financing
-€29,327
Cash 2024
€664,013
From operations (derived)
+€105,536
Net result for the year
+€43,149
Depreciation
+€47,910
Receivables after one year
+€1,770
Receivables within one year
+€2,291
Deferred charges and accrued income
+€103
Trade debts
+€3,814
Tax, wage and social debts
+€7,189
Other debts
-€1,629
Accrued charges and deferred income
+€939
Investment (derived)
+€3,778
Investment in fixed assets (net)
+€3,778
Financing
-€29,327
Debts after one year
-€28,496
Current portion of long-term debt
+€703
Contributions, distributions and other
-€1,535
Cash 2025
€744,000
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,683,480 | €1,707,615 | +€24,135 | +1.4% |
| Fixed assets | 21/28 | €883,840 | €832,152 | -€51,688 | -5.8% |
| Tangible fixed assets | 22/27 | €883,840 | €832,152 | -€51,688 | -5.8% |
| Land and buildings | 22 | €856,990 | €813,892 | -€43,097 | -5.0% |
| Plant, machinery and equipment | 23 | €14,839 | €14,927 | +€88 | +0.6% |
| Furniture and vehicles | 24 | €12,012 | €3,333 | -€8,679 | -72.3% |
| Current assets | 29/58 | €799,641 | €875,463 | +€75,823 | +9.5% |
| Amounts receivable after more than one year | 29 | €10,600 | €8,830 | -€1,770 | -16.7% |
| Trade receivables | 290 | €10,000 | €8,530 | -€1,470 | -14.7% |
| Other amounts receivable | 291 | €600 | €300 | -€300 | -50.0% |
| Amounts receivable within one year | 40/41 | €116,978 | €114,686 | -€2,291 | -2.0% |
| Trade receivables | 40 | €101,264 | €93,481 | -€7,782 | -7.7% |
| Other amounts receivable | 41 | €15,714 | €21,205 | +€5,491 | +34.9% |
| Current investments | 50/53 | €248 | €248 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €664,013 | €744,000 | +€79,987 | +12.0% |
| Deferred charges and accrued income | 490/1 | €7,802 | €7,699 | -€103 | -1.3% |
| Total equity and liabilities | 10/49 | €1,683,480 | €1,707,615 | +€24,135 | +1.4% |
| Equity | 10/15 | €1,482,682 | €1,524,296 | +€41,614 | +2.8% |
| Contributions | 10/11 | €39,205 | €40,075 | +€870 | +2.2% |
| Reserves | 13 | €1,443,477 | €1,484,221 | +€40,744 | +2.8% |
| Tax-exempt reserves | 132 | €19,144 | €19,144 | = | 0.0% |
| Distributable reserves | 133 | €1,424,333 | €1,465,077 | +€40,744 | +2.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €200,798 | €183,319 | -€17,480 | -8.7% |
| Amounts payable after more than one year | 17 | €57,712 | €29,216 | -€28,496 | -49.4% |
| Financial debts | 170/4 | €57,712 | €29,216 | -€28,496 | -49.4% |
| Amounts payable within one year | 42/48 | €138,222 | €148,299 | +€10,077 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €27,793 | €28,496 | +€703 | +2.5% |
| Trade debts | 44 | €23,275 | €27,089 | +€3,814 | +16.4% |
| Suppliers | 440/4 | €23,275 | €27,089 | +€3,814 | +16.4% |
| Taxes, remuneration and social security | 45 | €64,527 | €71,716 | +€7,189 | +11.1% |
| Remuneration and social security | 454/9 | €64,527 | €71,716 | +€7,189 | +11.1% |
| Other amounts payable | 47/48 | €22,627 | €20,998 | -€1,629 | -7.2% |
| Accrued charges and deferred income | 492/3 | €4,865 | €5,804 | +€939 | +19.3% |
| Remuneration, social security and pensions | 62 | €465,580 | €517,317 | +€51,737 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,510 | €47,910 | -€3,599 | -7.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €11,919 | €10,449 | -€1,470 | -12.3% |
| Gross operating margin | 9900 | €612,997 | €630,594 | +€17,597 | +2.9% |
| Operating profit (loss) | 9901 | €83,988 | €54,918 | -€29,070 | -34.6% |
| Financial income | 75/76B | €2,281 | €2,861 | +€581 | +25.5% |
| Recurring financial income | 75 | €2,281 | €2,861 | +€581 | +25.5% |
| Financial charges | 65/66B | €2,907 | €2,127 | -€780 | -26.8% |
| Recurring financial charges | 65 | €2,907 | €2,127 | -€780 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | €83,362 | €55,653 | -€27,709 | -33.2% |
| Income taxes | 67/77 | €18,870 | €12,504 | -€6,366 | -33.7% |
| Profit (loss) for the period | 9904 | €64,491 | €43,149 | -€21,343 | -33.1% |
| Transfer to tax-exempt reserves | 689 | €306 | €0 | -€306 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €64,185 | €43,149 | -€21,036 | -32.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.