NV GROUP: what changed
NV GROUP
Largest movements
- Receivables within one year +€4,581
up €4,581 (+96.8%), from €4,732 to €9,313
of which Trade receivables: +€4,655
- Stocks and contracts -€3,500
down €3,500 (-26.2%), from €13,334 to €9,834
- Cash -€3,420
down €3,420 (-24.8%), from €13,774 to €10,354
mainly Receivables within one year (-€4,581) and Net result for the year (-€2,508)
- Deferred charges and accrued income +€446
up €446 (+81.1%), from €550 to €996
- Profit (loss) carried forward -€2,508
down €2,508 (-83.9%), from €2,991 to €483
- Tax, wage and social debts +€389
up €389 (+6.1%), from €6,423 to €6,812
- Gross operating margin -€1,579
down €1,579, from €478 to -€1,101
- Other operating charges -€370
down €370 (-62.0%), from €597 to €227
- Financial charges -€249
down €249 (-19.3%), from €1,288 to €1,039
- Taxes -€129
down €129 (-47.8%), from €270 to €141
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,590 | €32,697 | -€1,893 | -5.5% |
| Fixed assets | 21/28 | €2,200 | €2,200 | = | 0.0% |
| Financial fixed assets | 28 | €2,200 | €2,200 | = | 0.0% |
| Current assets | 29/58 | €32,390 | €30,497 | -€1,893 | -5.8% |
| Stocks and contracts in progress | 3 | €13,334 | €9,834 | -€3,500 | -26.2% |
| Stocks | 30/36 | €13,334 | €9,834 | -€3,500 | -26.2% |
| Amounts receivable within one year | 40/41 | €4,732 | €9,313 | +€4,581 | +96.8% |
| Trade receivables | 40 | €4,658 | €9,313 | +€4,655 | +99.9% |
| Other amounts receivable | 41 | €74 | - | -€74 | |
| Cash at bank and in hand | 54/58 | €13,774 | €10,354 | -€3,420 | -24.8% |
| Deferred charges and accrued income | 490/1 | €550 | €996 | +€446 | +81.1% |
| Total equity and liabilities | 10/49 | €34,590 | €32,697 | -€1,893 | -5.5% |
| Equity | 10/15 | €15,391 | €12,883 | -€2,508 | -16.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,991 | €483 | -€2,508 | -83.9% |
| Amounts payable | 17/49 | €19,199 | €19,814 | +€615 | +3.2% |
| Amounts payable within one year | 42/48 | €19,199 | €19,814 | +€615 | +3.2% |
| Trade debts | 44 | €7,950 | €8,175 | +€225 | +2.8% |
| Suppliers | 440/4 | €7,950 | €8,175 | +€225 | +2.8% |
| Taxes, remuneration and social security | 45 | €6,423 | €6,812 | +€389 | +6.1% |
| Taxes | 450/3 | €6,423 | €6,812 | +€389 | +6.1% |
| Other amounts payable | 47/48 | €4,826 | €4,827 | +€1 | 0.0% |
| Other operating charges | 640/8 | €597 | €227 | -€370 | -62.0% |
| Gross operating margin | 9900 | €478 | -€1,101 | -€1,579 | |
| Operating profit (loss) | 9901 | -€119 | -€1,328 | -€1,209 | -1,016% |
| Financial charges | 65/66B | €1,288 | €1,039 | -€249 | -19.3% |
| Recurring financial charges | 65 | €1,288 | €1,039 | -€249 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,407 | -€2,367 | -€960 | -68.2% |
| Income taxes | 67/77 | €270 | €141 | -€129 | -47.8% |
| Profit (loss) for the period | 9904 | -€1,677 | -€2,508 | -€831 | -49.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,677 | -€2,508 | -€831 | -49.6% |
Next steps
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 3 November 2026 via checked.be.