NiVo Solutions: 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.
NiVo Solutions
Largest movements
- Current investments +€20,282
up €20,282 (+27.5%), from €73,715 to €93,997
- Cash +€17,240
up €17,240 (+9.7%), from €177,626 to €194,866
mainly Net result for the year (+€32,355) and Receivables within one year (+€12,719)
- Receivables within one year -€12,719
down €12,719 (-42.7%), from €29,804 to €17,085
of which Trade receivables: -€13,685
- Reserves +€32,355
up €32,355 (+12.6%), from €256,007 to €288,362
- Other debts -€5,323
no longer reported in 2025 (was €5,323)
- Trade debts -€3,762
down €3,762 (-73.6%), from €5,110 to €1,348
- Tax, wage and social debts +€3,471
up €3,471 (+80.3%), from €4,324 to €7,795
- Taxes +€7,212
up €7,212 (+60.6%), from €11,895 to €19,107
- Gross operating margin -€3,474
down €3,474 (-6.1%), from €57,187 to €53,713
- Depreciation -€2,065
down €2,065 (-54.3%), from €3,800 to €1,735
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 | €283,163 | €309,904 | +€26,741 | +9.4% |
| Fixed assets | 21/28 | €2,018 | €3,266 | +€1,248 | +61.9% |
| Tangible fixed assets | 22/27 | €2,018 | €3,266 | +€1,248 | +61.9% |
| Plant, machinery and equipment | 23 | - | €2,475 | +€2,475 | |
| Furniture and vehicles | 24 | €2,018 | €791 | -€1,227 | -60.8% |
| Current assets | 29/58 | €281,146 | €306,638 | +€25,493 | +9.1% |
| Amounts receivable within one year | 40/41 | €29,804 | €17,085 | -€12,719 | -42.7% |
| Trade receivables | 40 | €29,165 | €15,480 | -€13,685 | -46.9% |
| Other amounts receivable | 41 | €639 | €1,605 | +€966 | +151% |
| Current investments | 50/53 | €73,715 | €93,997 | +€20,282 | +27.5% |
| Cash at bank and in hand | 54/58 | €177,626 | €194,866 | +€17,240 | +9.7% |
| Deferred charges and accrued income | 490/1 | - | €690 | +€690 | |
| Total equity and liabilities | 10/49 | €283,163 | €309,904 | +€26,741 | +9.4% |
| Equity | 10/15 | €268,407 | €300,762 | +€32,355 | +12.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €256,007 | €288,362 | +€32,355 | +12.6% |
| Distributable reserves | 133 | €256,007 | €288,362 | +€32,355 | +12.6% |
| Amounts payable | 17/49 | €14,756 | €9,143 | -€5,614 | -38.0% |
| Amounts payable within one year | 42/48 | €14,756 | €9,143 | -€5,614 | -38.0% |
| Trade debts | 44 | €5,110 | €1,348 | -€3,762 | -73.6% |
| Suppliers | 440/4 | €5,110 | €1,348 | -€3,762 | -73.6% |
| Taxes, remuneration and social security | 45 | €4,324 | €7,795 | +€3,471 | +80.3% |
| Taxes | 450/3 | €4,324 | €7,795 | +€3,471 | +80.3% |
| Other amounts payable | 47/48 | €5,323 | - | -€5,323 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,800 | €1,735 | -€2,065 | -54.3% |
| Other operating charges | 640/8 | €126 | €443 | +€317 | +252% |
| Gross operating margin | 9900 | €57,187 | €53,713 | -€3,474 | -6.1% |
| Operating profit (loss) | 9901 | €53,261 | €51,535 | -€1,727 | -3.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €215 | €73 | -€141 | -65.8% |
| Recurring financial charges | 65 | €215 | €73 | -€141 | -65.8% |
| Profit (loss) for the period before taxes | 9903 | €53,047 | €51,462 | -€1,585 | -3.0% |
| Income taxes | 67/77 | €11,895 | €19,107 | +€7,212 | +60.6% |
| Profit (loss) for the period | 9904 | €41,152 | €32,355 | -€8,798 | -21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €41,152 | €32,355 | -€8,798 | -21.4% |
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 26 October 2026 via checked.be.