NOUVELLE VAGUE: what changed
What changed
NOUVELLE VAGUE
NACE 47.716, Retail sale of clothing and accessories for women, men, children and babies (general range)
filed annual accounts (NBB)
Net result for the year
€13,163
2024 · €15,013-€1,851
Equity
€174,816
2024 · €172,404+€2,413
Cash
€61,392
2024 · €70,702-€9,310
Balance sheet total
€214,496
2024 · €195,273+€19,222
Largest movements
Assets
- Current investments +€43,269
up €43,269 (+55.5%), from €77,963 to €121,232
- Stocks and contracts -€14,483
down €14,483 (-35.6%), from €40,720 to €26,237
- Cash -€9,310
down €9,310 (-13.2%), from €70,702 to €61,392
mainly Current investments (-€43,269) and Contributions, distributions and other (-€10,750)
Equity and liabilities
- Trade debts +€9,430
up €9,430 (+2,033%), from €464 to €9,894
- Other debts +€7,584
up €7,584 (+83.3%), from €9,102 to €16,686
- Reserves +€2,413
up €2,413 (+1.7%), from €139,209 to €141,621
Income statement
- Write-downs +€11,292
up €11,292 (+417%), from €2,711 to €14,003
- Gross operating margin +€7,349
up €7,349 (+15.0%), from €49,070 to €56,418
- Staff costs -€1,156
down €1,156 (-4.6%), from €25,090 to €23,934
- Taxes -€800
down €800 (-8.8%), from €9,125 to €8,325
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€15,013
Gross operating margin
+€7,349
Staff costs
+€1,156
Depreciation
+€45
Write-downs
-€11,292
Other operating charges
-€31
Financial income
+€125
Financial charges
-€1
Taxes
+€800
Result 2025
€13,163
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€44,709
Investment
-€43,269
Financing
-€10,750
Cash 2024
€70,702
From operations (derived)
+€44,709
Net result for the year
+€13,163
Depreciation
+€863
Stocks and contracts
+€14,483
Receivables within one year
-€437
Deferred charges and accrued income
-€172
Trade debts
+€9,430
Tax, wage and social debts
-€174
Other debts
+€7,584
Accrued charges and deferred income
-€30
Investment (derived)
-€43,269
Current investments
-€43,269
Financing
-€10,750
Contributions, distributions and other
-€10,750
Cash 2025
€61,392
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €195,273 | €214,496 | +€19,222 | +9.8% |
| Fixed assets | 21/28 | €2,372 | €1,510 | -€863 | -36.4% |
| Tangible fixed assets | 22/27 | €935 | €72 | -€863 | -92.3% |
| Other tangible fixed assets | 26 | €935 | €72 | -€863 | -92.3% |
| Financial fixed assets | 28 | €1,438 | €1,438 | = | 0.0% |
| Current assets | 29/58 | €192,901 | €212,986 | +€20,085 | +10.4% |
| Stocks and contracts in progress | 3 | €40,720 | €26,237 | -€14,483 | -35.6% |
| Stocks | 30/36 | €40,720 | €26,237 | -€14,483 | -35.6% |
| Amounts receivable within one year | 40/41 | €1,649 | €2,086 | +€437 | +26.5% |
| Other amounts receivable | 41 | €1,649 | €2,086 | +€437 | +26.5% |
| Current investments | 50/53 | €77,963 | €121,232 | +€43,269 | +55.5% |
| Cash at bank and in hand | 54/58 | €70,702 | €61,392 | -€9,310 | -13.2% |
| Deferred charges and accrued income | 490/1 | €1,867 | €2,039 | +€172 | +9.2% |
| Total equity and liabilities | 10/49 | €195,273 | €214,496 | +€19,222 | +9.8% |
| Equity | 10/15 | €172,404 | €174,816 | +€2,413 | +1.4% |
| Contributions | 10/11 | €33,195 | €33,195 | = | 0.0% |
| Reserves | 13 | €139,209 | €141,621 | +€2,413 | +1.7% |
| Distributable reserves | 133 | €139,209 | €141,621 | +€2,413 | +1.7% |
| Amounts payable | 17/49 | €22,870 | €39,680 | +€16,810 | +73.5% |
| Amounts payable within one year | 42/48 | €22,840 | €39,680 | +€16,840 | +73.7% |
| Trade debts | 44 | €464 | €9,894 | +€9,430 | +2,033% |
| Suppliers | 440/4 | €464 | €9,894 | +€9,430 | +2,033% |
| Taxes, remuneration and social security | 45 | €13,274 | €13,099 | -€174 | -1.3% |
| Taxes | 450/3 | €9,207 | €8,710 | -€497 | -5.4% |
| Remuneration and social security | 454/9 | €4,067 | €4,389 | +€322 | +7.9% |
| Other amounts payable | 47/48 | €9,102 | €16,686 | +€7,584 | +83.3% |
| Accrued charges and deferred income | 492/3 | €30 | - | -€30 | |
| Remuneration, social security and pensions | 62 | €25,090 | €23,934 | -€1,156 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €907 | €863 | -€45 | -4.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,711 | €14,003 | +€11,292 | +417% |
| Other operating charges | 640/8 | €1,107 | €1,138 | +€31 | +2.8% |
| Gross operating margin | 9900 | €49,070 | €56,418 | +€7,349 | +15.0% |
| Operating profit (loss) | 9901 | €19,255 | €16,481 | -€2,775 | -14.4% |
| Financial income | 75/76B | €5,291 | €5,415 | +€125 | +2.4% |
| Recurring financial income | 75 | €5,291 | €5,415 | +€125 | +2.4% |
| Financial charges | 65/66B | €407 | €409 | +€1 | +0.3% |
| Recurring financial charges | 65 | €407 | €409 | +€1 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €24,138 | €21,488 | -€2,651 | -11.0% |
| Income taxes | 67/77 | €9,125 | €8,325 | -€800 | -8.8% |
| Profit (loss) for the period | 9904 | €15,013 | €13,163 | -€1,851 | -12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €15,013 | €13,163 | -€1,851 | -12.3% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.