NVandersom: what changed
Two fiscal 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.
NVandersom
Largest movements
- Cash +€18,637
up €18,637 (+17.3%), from €107,725 to €126,362
mainly Net result for the year (+€76,578) and Trade debts (+€56,945)
- Receivables within one year -€15,381
down €15,381 (-24.6%), from €62,436 to €47,055
of which Trade receivables: -€17,100
- Other debts -€58,957
down €58,957 (-41.7%), from €141,319 to €82,362
- Trade debts +€56,945
up €56,945 (+427.5%), from €13,321 to €70,266
- Tax, wage and social debts +€4,190
up €4,190 (+44.1%), from €9,491 to €13,680
of which Remuneration and social security: +€2,125
- Gross operating margin -€80,471
down €80,471 (-33.6%), from €239,806 to €159,336
- Staff costs -€21,186
down €21,186 (-21.1%), from €100,478 to €79,291
- Depreciation -€4,135
down €4,135 (-100.0%), from €4,135 to €0
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.
Cash bridge derived
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 | €173,299 | €177,316 | +€4,017 | +2.3% |
| Fixed assets | 21/28 | €2,700 | €2,700 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €2,700 | €2,700 | = | 0.0% |
| Current assets | 29/58 | €170,599 | €174,616 | +€4,017 | +2.4% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €62,436 | €47,055 | -€15,381 | -24.6% |
| Trade receivables | 40 | €61,305 | €44,205 | -€17,100 | -27.9% |
| Other amounts receivable | 41 | €1,131 | €2,851 | +€1,719 | +152.0% |
| Cash at bank and in hand | 54/58 | €107,725 | €126,362 | +€18,637 | +17.3% |
| Deferred charges and accrued income | 490/1 | €438 | €1,199 | +€761 | +173.7% |
| Total equity and liabilities | 10/49 | €173,299 | €177,316 | +€4,017 | +2.3% |
| Equity | 10/15 | €8,812 | €10,390 | +€1,578 | +17.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €2,612 | €4,190 | +€1,578 | +60.4% |
| Distributable reserves | 133 | €2,612 | €4,190 | +€1,578 | +60.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €164,487 | €166,926 | +€2,439 | +1.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €164,487 | €166,309 | +€1,822 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €356 | €0 | -€356 | -100.0% |
| Trade debts | 44 | €13,321 | €70,266 | +€56,945 | +427.5% |
| Suppliers | 440/4 | €13,321 | €70,266 | +€56,945 | +427.5% |
| Taxes, remuneration and social security | 45 | €9,491 | €13,680 | +€4,190 | +44.1% |
| Taxes | 450/3 | €3,266 | €5,330 | +€2,064 | +63.2% |
| Remuneration and social security | 454/9 | €6,225 | €8,350 | +€2,125 | +34.1% |
| Other amounts payable | 47/48 | €141,319 | €82,362 | -€58,957 | -41.7% |
| Accrued charges and deferred income | 492/3 | - | €617 | +€617 | |
| Remuneration, social security and pensions | 62 | €100,478 | €79,291 | -€21,186 | -21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,135 | €0 | -€4,135 | -100.0% |
| Other operating charges | 640/8 | €446 | €458 | +€12 | +2.6% |
| Gross operating margin | 9900 | €239,806 | €159,336 | -€80,471 | -33.6% |
| Operating profit (loss) | 9901 | €134,747 | €79,586 | -€55,161 | -40.9% |
| Financial income | 75/76B | €1 | €26 | +€25 | +2434.7% |
| Recurring financial income | 75 | €1 | €26 | +€25 | +2434.7% |
| Financial charges | 65/66B | €749 | €1,222 | +€473 | +63.2% |
| Recurring financial charges | 65 | €749 | €1,222 | +€473 | +63.2% |
| Profit (loss) for the period before taxes | 9903 | €133,999 | €78,389 | -€55,610 | -41.5% |
| Income taxes | 67/77 | €1,786 | €1,811 | +€25 | +1.4% |
| Profit (loss) for the period | 9904 | €132,213 | €76,578 | -€55,635 | -42.1% |
| Profit (loss) for the period to be appropriated | 9905 | €132,213 | €76,578 | -€55,635 | -42.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.