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NVConstruct Banat: 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.

What changed

NVConstruct Banat

BE 0805.883.126
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2,062
2024 · €12,293-€10,231
Equity
€18,355
2024 · €16,293+€2,062
Cash
€1,607
2024 · €621+€985
Balance sheet total
€24,215
2024 · €21,812+€2,403

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€1,360

    up €1,360 (+9.0%), from €15,126 to €16,486

    of which Trade receivables: +€6,814

  • Cash +€985

    up €985 (+158.6%), from €621 to €1,607

    mainly Depreciation (+€4,591) and Trade debts (+€2,937)

Equity and liabilities
  • Trade debts +€2,937

    up €2,937 (+325.7%), from €902 to €3,839

    of which Suppliers: +€2,738

  • Tax, wage and social debts -€2,602

    down €2,602 (-78.9%), from €3,298 to €695

  • Profit (loss) carried forward +€2,062

    up €2,062 (+16.8%), from €12,293 to €14,355

Income statement
  • Turnover -€102,356

    down €102,356 (-52.1%), from €196,623 to €94,267

  • Purchases and services -€91,426

    down €91,426 (-51.6%), from €177,141 to €85,715

  • Gross operating margin -€10,930

    down €10,930 (-56.1%), from €19,483 to €8,552

  • Taxes -€2,553

    down €2,553 (-77.4%), from €3,298 to €744

  • Depreciation +€2,094

    up €2,094 (+83.8%), from €2,497 to €4,591

From the 2024 result to the 2025 result

effect on the 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 2024 €12,293
Gross operating margin -€10,930
Depreciation -€2,094
Other operating charges -€666
Financial income +€7
Financial charges +€898
Taxes +€2,553
Result 2025 €2,062

Cash bridge derived

cash 2024 to 2025

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.

From operations +€5,628
Investment -€4,649
Financing +€6
Cash 2024 €621
Net result for the year +€2,062
Depreciation +€4,591
Receivables within one year -€1,360
Trade debts +€2,937
Tax, wage and social debts -€2,602
Investment in fixed assets (net) -€4,649
Short-term financial debts +€6
Cash 2025 €1,607
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €21,812 €24,215 +€2,403 +11.0%
Fixed assets 21/28 €6,064 €6,123 +€58 +1.0%
Tangible fixed assets 22/27 €6,064 €6,123 +€58 +1.0%
Plant, machinery and equipment 23 - €4,339 +€4,339
Furniture and vehicles 24 €6,064 €1,784 -€4,281 -70.6%
Current assets 29/58 €15,747 €18,092 +€2,345 +14.9%
Amounts receivable within one year 40/41 €15,126 €16,486 +€1,360 +9.0%
Trade receivables 40 €8,288 €15,103 +€6,814 +82.2%
Other amounts receivable 41 €6,838 €1,383 -€5,455 -79.8%
Cash at bank and in hand 54/58 €621 €1,607 +€985 +158.6%
Total equity and liabilities 10/49 €21,812 €24,215 +€2,403 +11.0%
Equity 10/15 €16,293 €18,355 +€2,062 +12.7%
Contributions 10/11 €4,000 €4,000 = 0.0%
Profit (loss) carried forward 14 €12,293 €14,355 +€2,062 +16.8%
Amounts payable 17/49 €5,519 €5,860 +€341 +6.2%
Amounts payable within one year 42/48 €5,519 €5,860 +€341 +6.2%
Financial debts 43 - €6 +€6
Credit institutions 430/8 - €6 +€6
Trade debts 44 €902 €3,839 +€2,937 +325.7%
Suppliers 440/4 €441 €3,179 +€2,738 +621.0%
Bills of exchange payable 441 €461 €660 +€199 +43.3%
Taxes, remuneration and social security 45 €3,298 €695 -€2,602 -78.9%
Taxes 450/3 €3,298 €695 -€2,602 -78.9%
Other amounts payable 47/48 €1,319 €1,319 = 0.0%
Turnover 70 €196,623 €94,267 -€102,356 -52.1%
Goods, raw materials, services and sundry goods 60/61 €177,141 €85,715 -€91,426 -51.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,497 €4,591 +€2,094 +83.8%
Other operating charges 640/8 €214 €880 +€666 +311.1%
Gross operating margin 9900 €19,483 €8,552 -€10,930 -56.1%
Operating profit (loss) 9901 €16,771 €3,082 -€13,690 -81.6%
Financial income 75/76B - €7 +€7
Recurring financial income 75 - €7 +€7
Financial charges 65/66B €1,181 €282 -€898 -76.1%
Recurring financial charges 65 €1,181 €282 -€898 -76.1%
Profit (loss) for the period before taxes 9903 €15,591 €2,806 -€12,784 -82.0%
Income taxes 67/77 €3,298 €744 -€2,553 -77.4%
Profit (loss) for the period 9904 €12,293 €2,062 -€10,231 -83.2%
Profit (loss) for the period to be appropriated 9905 €12,293 €2,062 -€10,231 -83.2%

Source: filed annual accounts (NBB), fiscal years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.