NVG 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.
NVG Consulting
Largest movements
- Tangible fixed assets +€38,944
up €38,944 (+23.7%), from €164,665 to €203,610
of which Land and buildings: +€39,220
- Cash -€30,237
down €30,237 (-90.7%), from €33,344 to €3,107
mainly Investment in fixed assets (net) (-€44,324) and Receivables within one year (-€22,546)
- Receivables within one year +€22,546
up €22,546 (+76.1%), from €29,612 to €52,158
of which Other amounts receivable: +€17,532
- Profit (loss) carried forward +€19,530
new in 2025: €19,530
- Tax, wage and social debts +€8,054
up €8,054 (+51.3%), from €15,695 to €23,750
- Trade debts +€4,077
up €4,077 (+462%), from €882 to €4,959
- Gross operating margin -€16,939
down €16,939 (-29.1%), from €58,257 to €41,318
- Depreciation -€14,698
down €14,698 (-73.2%), from €20,078 to €5,379
- Financial charges +€4,627
up €4,627 (+247%), from €1,875 to €6,503
- Other operating charges +€1,954
up €1,954 (+226%), from €863 to €2,818
- Taxes -€846
down €846 (-10.5%), from €8,038 to €7,192
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 | €228,283 | €260,073 | +€31,790 | +13.9% |
| Fixed assets | 21/28 | €164,765 | €203,710 | +€38,944 | +23.6% |
| Tangible fixed assets | 22/27 | €164,665 | €203,610 | +€38,944 | +23.7% |
| Land and buildings | 22 | €164,282 | €203,502 | +€39,220 | +23.9% |
| Furniture and vehicles | 24 | €383 | €108 | -€275 | -71.9% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €63,517 | €56,363 | -€7,154 | -11.3% |
| Amounts receivable within one year | 40/41 | €29,612 | €52,158 | +€22,546 | +76.1% |
| Trade receivables | 40 | €17,565 | €22,579 | +€5,014 | +28.5% |
| Other amounts receivable | 41 | €12,047 | €29,579 | +€17,532 | +146% |
| Cash at bank and in hand | 54/58 | €33,344 | €3,107 | -€30,237 | -90.7% |
| Deferred charges and accrued income | 490/1 | €561 | €1,098 | +€537 | +95.6% |
| Total equity and liabilities | 10/49 | €228,283 | €260,073 | +€31,790 | +13.9% |
| Equity | 10/15 | €49,205 | €68,735 | +€19,530 | +39.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €46,205 | €46,205 | = | 0.0% |
| Distributable reserves | 133 | €46,205 | €46,205 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €19,530 | +€19,530 | |
| Amounts payable | 17/49 | €179,078 | €191,339 | +€12,261 | +6.8% |
| Amounts payable after more than one year | 17 | €162,500 | €162,500 | = | 0.0% |
| Financial debts | 170/4 | €162,500 | €162,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €16,578 | €28,839 | +€12,261 | +74.0% |
| Current portion of amounts payable after more than one year | 42 | - | €0 | = | |
| Trade debts | 44 | €882 | €4,959 | +€4,077 | +462% |
| Suppliers | 440/4 | €882 | €4,959 | +€4,077 | +462% |
| Taxes, remuneration and social security | 45 | €15,695 | €23,750 | +€8,054 | +51.3% |
| Taxes | 450/3 | €15,695 | €23,750 | +€8,054 | +51.3% |
| Other amounts payable | 47/48 | €0 | €129 | +€129 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,078 | €5,379 | -€14,698 | -73.2% |
| Other operating charges | 640/8 | €863 | €2,818 | +€1,954 | +226% |
| Gross operating margin | 9900 | €58,257 | €41,318 | -€16,939 | -29.1% |
| Operating profit (loss) | 9901 | €37,316 | €33,121 | -€4,195 | -11.2% |
| Financial income | 75/76B | €126 | €104 | -€23 | -17.9% |
| Recurring financial income | 75 | €126 | €104 | -€23 | -17.9% |
| Financial charges | 65/66B | €1,875 | €6,503 | +€4,627 | +247% |
| Recurring financial charges | 65 | €1,875 | €6,503 | +€4,627 | +247% |
| Profit (loss) for the period before taxes | 9903 | €35,567 | €26,722 | -€8,845 | -24.9% |
| Income taxes | 67/77 | €8,038 | €7,192 | -€846 | -10.5% |
| Profit (loss) for the period | 9904 | €27,529 | €19,530 | -€7,999 | -29.1% |
| Profit (loss) for the period to be appropriated | 9905 | €27,529 | €19,530 | -€7,999 | -29.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.