NVB Consulting: 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.
NVB Consulting
Largest movements
- Current investments +€121,269
up €121,269 (+163%), from €74,258 to €195,527
- Cash -€38,164
down €38,164 (-49.2%), from €77,613 to €39,449
mainly Current investments (-€121,269) and Contributions, distributions and other (-€25,800)
- Tangible fixed assets -€18,139
down €18,139 (-20.9%), from €86,912 to €68,773
of which Furniture and vehicles: -€16,909
- Deferred charges and accrued income +€16,390
up €16,390 (+289%), from €5,663 to €22,053
- Reserves +€51,362
up €51,362 (+22.9%), from €224,029 to €275,391
- Tax, wage and social debts +€16,720
up €16,720 (+250%), from €6,689 to €23,408
of which Taxes: +€17,408
- Other debts +€13,451
up €13,451 (+153%), from €8,765 to €22,216
- Debts after one year -€10,383
down €10,383 (-100%), from €10,383 to €0
- Short-term financial debts +€7,923
new in 2025: €7,923
- Gross operating margin +€39,869
up €39,869 (+27.5%), from €144,783 to €184,652
- Taxes +€18,487
up €18,487 (+72.6%), from €25,481 to €43,968
- Financial income +€4,362
up €4,362 (+440%), from €992 to €5,354
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 | €274,995 | €356,469 | +€81,474 | +29.6% |
| Fixed assets | 21/28 | €86,912 | €68,773 | -€18,139 | -20.9% |
| Tangible fixed assets | 22/27 | €86,912 | €68,773 | -€18,139 | -20.9% |
| Plant, machinery and equipment | 23 | €2,129 | €1,306 | -€823 | -38.7% |
| Furniture and vehicles | 24 | €44,311 | €27,402 | -€16,909 | -38.2% |
| Other tangible fixed assets | 26 | €40,473 | €40,066 | -€407 | -1.0% |
| Current assets | 29/58 | €188,083 | €287,696 | +€99,612 | +53.0% |
| Amounts receivable within one year | 40/41 | €30,550 | €30,667 | +€117 | +0.4% |
| Trade receivables | 40 | €30,549 | €30,667 | +€118 | +0.4% |
| Other amounts receivable | 41 | €2 | €0 | -€2 | -100% |
| Current investments | 50/53 | €74,258 | €195,527 | +€121,269 | +163% |
| Cash at bank and in hand | 54/58 | €77,613 | €39,449 | -€38,164 | -49.2% |
| Deferred charges and accrued income | 490/1 | €5,663 | €22,053 | +€16,390 | +289% |
| Total equity and liabilities | 10/49 | €274,995 | €356,469 | +€81,474 | +29.6% |
| Equity | 10/15 | €224,029 | €275,391 | +€51,362 | +22.9% |
| Reserves | 13 | €224,029 | €275,391 | +€51,362 | +22.9% |
| Distributable reserves | 133 | €224,029 | €275,391 | +€51,362 | +22.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €50,966 | €81,078 | +€30,112 | +59.1% |
| Amounts payable after more than one year | 17 | €10,383 | €0 | -€10,383 | -100% |
| Financial debts | 170/4 | €10,383 | €0 | -€10,383 | -100% |
| Amounts payable within one year | 42/48 | €40,583 | €75,138 | +€34,555 | +85.1% |
| Current portion of amounts payable after more than one year | 42 | €17,659 | €10,383 | -€7,277 | -41.2% |
| Financial debts | 43 | - | €7,923 | +€7,923 | |
| Credit institutions | 430/8 | - | €7,923 | +€7,923 | |
| Trade debts | 44 | €7,470 | €11,208 | +€3,738 | +50.0% |
| Suppliers | 440/4 | €7,470 | €11,208 | +€3,738 | +50.0% |
| Taxes, remuneration and social security | 45 | €6,689 | €23,408 | +€16,720 | +250% |
| Taxes | 450/3 | €2,523 | €19,932 | +€17,408 | +690% |
| Remuneration and social security | 454/9 | €4,165 | €3,477 | -€689 | -16.5% |
| Other amounts payable | 47/48 | €8,765 | €22,216 | +€13,451 | +153% |
| Accrued charges and deferred income | 492/3 | - | €5,940 | +€5,940 | |
| Remuneration, social security and pensions | 62 | €39,387 | €38,608 | -€780 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,369 | €28,612 | -€757 | -2.6% |
| Other operating charges | 640/8 | €853 | €1,257 | +€404 | +47.4% |
| Gross operating margin | 9900 | €144,783 | €184,652 | +€39,869 | +27.5% |
| Operating profit (loss) | 9901 | €75,173 | €116,175 | +€41,002 | +54.5% |
| Financial income | 75/76B | €992 | €5,354 | +€4,362 | +440% |
| Recurring financial income | 75 | €992 | €5,354 | +€4,362 | +440% |
| Financial charges | 65/66B | €672 | €399 | -€272 | -40.6% |
| Recurring financial charges | 65 | €672 | €399 | -€272 | -40.6% |
| Profit (loss) for the period before taxes | 9903 | €75,494 | €121,130 | +€45,637 | +60.5% |
| Income taxes | 67/77 | €25,481 | €43,968 | +€18,487 | +72.6% |
| Profit (loss) for the period | 9904 | €50,013 | €77,162 | +€27,149 | +54.3% |
| Profit (loss) for the period to be appropriated | 9905 | €50,013 | €77,162 | +€27,149 | +54.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.