NiVo Technics: 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 Technics
Largest movements
- Cash +€13,537
up €13,537 (+16.4%), from €82,542 to €96,079
mainly Net result for the year (+€29,152) and Depreciation (+€9,474)
- Tangible fixed assets -€9,474
down €9,474 (-3.2%), from €295,049 to €285,575
of which Land and buildings: -€7,260
- Reserves +€29,152
up €29,152 (+21.4%), from €136,032 to €165,184
of which Distributable reserves: +€29,152
- Debts after one year -€20,966
down €20,966 (-14.7%), from €142,499 to €121,533
- Gross operating margin +€2,328
up €2,328 (+4.1%), from €56,584 to €58,912
- Taxes +€1,549
up €1,549 (+11.2%), from €13,791 to €15,340
- Financial charges -€1,449
down €1,449 (-28.7%), from €5,055 to €3,606
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 | €383,819 | €391,013 | +€7,194 | +1.9% |
| Fixed assets | 21/28 | €295,049 | €285,575 | -€9,474 | -3.2% |
| Tangible fixed assets | 22/27 | €295,049 | €285,575 | -€9,474 | -3.2% |
| Land and buildings | 22 | €287,881 | €280,622 | -€7,260 | -2.5% |
| Plant, machinery and equipment | 23 | €5,158 | €3,949 | -€1,209 | -23.4% |
| Furniture and vehicles | 24 | €2,010 | €1,005 | -€1,005 | -50.0% |
| Current assets | 29/58 | €88,770 | €105,438 | +€16,668 | +18.8% |
| Amounts receivable within one year | 40/41 | €4,780 | €6,319 | +€1,540 | +32.2% |
| Trade receivables | 40 | €4,361 | €5,901 | +€1,540 | +35.3% |
| Other amounts receivable | 41 | €419 | €419 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €82,542 | €96,079 | +€13,537 | +16.4% |
| Deferred charges and accrued income | 490/1 | €1,448 | €3,039 | +€1,591 | +110% |
| Total equity and liabilities | 10/49 | €383,819 | €391,013 | +€7,194 | +1.9% |
| Equity | 10/15 | €201,485 | €230,637 | +€29,152 | +14.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €136,032 | €165,184 | +€29,152 | +21.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €134,172 | €163,324 | +€29,152 | +21.7% |
| Profit (loss) carried forward | 14 | €46,853 | €46,853 | = | 0.0% |
| Amounts payable | 17/49 | €182,334 | €160,376 | -€21,957 | -12.0% |
| Amounts payable after more than one year | 17 | €142,499 | €121,533 | -€20,966 | -14.7% |
| Financial debts | 170/4 | €142,499 | €121,533 | -€20,966 | -14.7% |
| Amounts payable within one year | 42/48 | €39,835 | €38,843 | -€991 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €19,777 | €20,372 | +€594 | +3.0% |
| Trade debts | 44 | €480 | €1,842 | +€1,362 | +284% |
| Suppliers | 440/4 | €480 | €1,842 | +€1,362 | +284% |
| Taxes, remuneration and social security | 45 | €17,965 | €16,629 | -€1,336 | -7.4% |
| Taxes | 450/3 | €17,965 | €16,629 | -€1,336 | -7.4% |
| Other amounts payable | 47/48 | €1,612 | - | -€1,612 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,816 | €9,474 | -€343 | -3.5% |
| Other operating charges | 640/8 | €965 | €1,341 | +€376 | +38.9% |
| Gross operating margin | 9900 | €56,584 | €58,912 | +€2,328 | +4.1% |
| Operating profit (loss) | 9901 | €45,802 | €48,098 | +€2,295 | +5.0% |
| Financial charges | 65/66B | €5,055 | €3,606 | -€1,449 | -28.7% |
| Recurring financial charges | 65 | €5,055 | €3,606 | -€1,449 | -28.7% |
| Profit (loss) for the period before taxes | 9903 | €40,747 | €44,491 | +€3,744 | +9.2% |
| Income taxes | 67/77 | €13,791 | €15,340 | +€1,549 | +11.2% |
| Profit (loss) for the period | 9904 | €26,956 | €29,152 | +€2,195 | +8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €26,956 | €29,152 | +€2,195 | +8.1% |
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 31 October 2026 via checked.be.