NOSTRAVIS: 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
NOSTRAVIS
NACE 47.521, Retail sale of hardware, building materials, paint and glass (general range)
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
-€43,394
2025 · -€182,338+€138,944
Equity
€5.2m
2025 · -€3.5m+€8.7m
Cash
€4.9m
2025 · €22,596+€4.9m
Balance sheet total
€5.4m
2025 · €524,254+€4.9m
Largest movements
Assets
- Cash +€4.9m
up €4.9m (+21,572%), from €22,596 to €4.9m
mainly Contributions, distributions and other (+€8.7m) and Depreciation (+€16,752)
Equity and liabilities
- Contributions +€8.7m
up €8.7m (+34,800%), from €25,000 to €8.7m
- Other debts -€3.5m
down €3.5m (-100%), from €3.5m to €0
- Trade debts -€210,238
down €210,238 (-50.1%), from €419,844 to €209,606
Income statement
- Financial charges -€163,948
down €163,948 (-65.9%), from €248,682 to €84,734
- Gross operating margin -€34,345
down €34,345 (-12.5%), from €274,899 to €240,554
- Financial income +€4,788
new in 2026: €4,788
- Write-downs -€4,004
down €4,004, from €1,888 to -€2,116
- Staff costs +€3,902
up €3,902 (+2.3%), from €169,376 to €173,278
From the 2025 result to the 2026 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 2025
-€182,338
Gross operating margin
-€34,345
Staff costs
-€3,902
Depreciation
+€779
Write-downs
+€4,004
Provisions
+€0
Other operating charges
-€780
Other operating items
+€4,452
Financial income
+€4,788
Financial charges
+€163,948
Result 2026
-€43,394
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€3.8m
Investment
€0
Financing
+€8.7m
Cash 2025
€22,596
From operations (derived)
-€3.8m
Net result for the year
-€43,394
Depreciation
+€16,752
Stocks and contracts
-€25,673
Receivables within one year
-€30,031
Smaller working-capital items
-€4,204
Trade debts
-€210,238
Other debts
-€3.5m
Financing
+€8.7m
Contributions, distributions and other
+€8.7m
Cash 2026
€4.9m
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €524,254 | €5,437,339 | +€4.9m | +937% |
| Fixed assets | 21/28 | €84,146 | €67,394 | -€16,752 | -19.9% |
| Intangible fixed assets | 21 | €15,320 | €8,098 | -€7,222 | -47.1% |
| Tangible fixed assets | 22/27 | €68,826 | €59,296 | -€9,530 | -13.8% |
| Plant, machinery and equipment | 23 | €62,555 | €57,438 | -€5,117 | -8.2% |
| Furniture and vehicles | 24 | €6,271 | €1,858 | -€4,413 | -70.4% |
| Current assets | 29/58 | €440,108 | €5,369,945 | +€4.9m | +1,120% |
| Stocks and contracts in progress | 3 | €231,967 | €257,640 | +€25,673 | +11.1% |
| Stocks | 30/36 | €231,967 | €257,640 | +€25,673 | +11.1% |
| Amounts receivable within one year | 40/41 | €182,607 | €212,637 | +€30,031 | +16.4% |
| Trade receivables | 40 | €173,086 | €201,885 | +€28,799 | +16.6% |
| Other amounts receivable | 41 | €9,521 | €10,753 | +€1,231 | +12.9% |
| Cash at bank and in hand | 54/58 | €22,596 | €4,896,932 | +€4.9m | +21,572% |
| Deferred charges and accrued income | 490/1 | €2,939 | €2,736 | -€202 | -6.9% |
| Total equity and liabilities | 10/49 | €524,254 | €5,437,339 | +€4.9m | +937% |
| Equity | 10/15 | -€3,471,351 | €5,185,255 | +€8.7m | |
| Contributions | 10/11 | €25,000 | €8,725,000 | +€8.7m | +34,800% |
| Reserves | 13 | €625,247 | €625,247 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €620,247 | €620,247 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,121,598 | -€4,164,992 | -€43,394 | -1.1% |
| Provisions and deferred taxes | 16 | €0 | €0 | -€0 | -100% |
| Provisions for liabilities and charges | 160/5 | €0 | €0 | -€0 | -100% |
| Other liabilities and charges | 164/5 | €0 | €0 | -€0 | -100% |
| Amounts payable | 17/49 | €3,995,605 | €252,084 | -€3.7m | -93.7% |
| Amounts payable within one year | 42/48 | €3,988,457 | €248,148 | -€3.7m | -93.8% |
| Trade debts | 44 | €419,844 | €209,606 | -€210,238 | -50.1% |
| Suppliers | 440/4 | €419,844 | €209,606 | -€210,238 | -50.1% |
| Advances received on contracts in progress | 46 | €100 | €0 | -€100 | -100% |
| Taxes, remuneration and social security | 45 | €39,636 | €38,542 | -€1,094 | -2.8% |
| Taxes | 450/3 | €1,268 | €626 | -€642 | -50.6% |
| Remuneration and social security | 454/9 | €38,368 | €37,916 | -€452 | -1.2% |
| Other amounts payable | 47/48 | €3,528,877 | €0 | -€3.5m | -100% |
| Accrued charges and deferred income | 492/3 | €7,148 | €3,936 | -€3,212 | -44.9% |
| Non-recurring operating income | 76A | €60,638 | €0 | -€60,638 | -100% |
| Remuneration, social security and pensions | 62 | €169,376 | €173,278 | +€3,902 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,532 | €16,752 | -€779 | -4.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,888 | -€2,116 | -€4,004 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€0 | -€0 | |
| Other operating charges | 640/8 | €15,308 | €16,088 | +€780 | +5.1% |
| Non-recurring operating charges | 66A | €4,452 | €0 | -€4,452 | -100% |
| Gross operating margin | 9900 | €274,899 | €240,554 | -€34,345 | -12.5% |
| Operating profit (loss) | 9901 | €66,344 | €36,553 | -€29,792 | -44.9% |
| Financial income | 75/76B | - | €4,788 | +€4,788 | |
| Recurring financial income | 75 | - | €4,788 | +€4,788 | |
| Financial charges | 65/66B | €248,682 | €84,734 | -€163,948 | -65.9% |
| Recurring financial charges | 65 | €248,682 | €84,734 | -€163,948 | -65.9% |
| Profit (loss) for the period before taxes | 9903 | -€182,338 | -€43,394 | +€138,944 | +76.2% |
| Profit (loss) for the period | 9904 | -€182,338 | -€43,394 | +€138,944 | +76.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€182,338 | -€43,394 | +€138,944 | +76.2% |
Source: filed annual accounts (NBB), financial years ended 2 February 2025 and 1 February 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.