NVH Consult: 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.
NVH Consult
Largest movements
- Receivables after one year -€30,000
down €30,000 (-11.1%), from €270,000 to €240,000
- Cash +€21,020
up €21,020 (+157%), from €13,351 to €34,371
mainly Net result for the year (+€40,008) and Receivables after one year (+€30,000)
- Receivables within one year +€20,295
up €20,295 (+6,040%), from €336 to €20,631
of which Other amounts receivable: +€20,631
- Reserves +€40,008
up €40,008 (+17.5%), from €228,742 to €268,750
- Other debts -€24,946
no longer reported in 2025 (was €24,946)
- Gross operating margin +€6,942
up €6,942 (+11.4%), from €61,088 to €68,030
- Taxes +€2,186
up €2,186 (+14.2%), from €15,384 to €17,570
- Other operating charges -€1,053
down €1,053 (-59.4%), from €1,774 to €721
- Depreciation +€749
up €749 (+11.7%), from €6,424 to €7,173
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 | €317,698 | €331,534 | +€13,836 | +4.4% |
| Fixed assets | 21/28 | €34,011 | €34,797 | +€786 | +2.3% |
| Tangible fixed assets | 22/27 | €34,011 | €34,797 | +€786 | +2.3% |
| Land and buildings | 22 | €22,327 | €19,261 | -€3,066 | -13.7% |
| Plant, machinery and equipment | 23 | €5,000 | €5,000 | = | 0.0% |
| Furniture and vehicles | 24 | €6,684 | €10,536 | +€3,852 | +57.6% |
| Current assets | 29/58 | €283,687 | €296,737 | +€13,050 | +4.6% |
| Amounts receivable after more than one year | 29 | €270,000 | €240,000 | -€30,000 | -11.1% |
| Other amounts receivable | 291 | €270,000 | €240,000 | -€30,000 | -11.1% |
| Amounts receivable within one year | 40/41 | €336 | €20,631 | +€20,295 | +6,040% |
| Trade receivables | 40 | €336 | - | -€336 | |
| Other amounts receivable | 41 | - | €20,631 | +€20,631 | |
| Cash at bank and in hand | 54/58 | €13,351 | €34,371 | +€21,020 | +157% |
| Deferred charges and accrued income | 490/1 | - | €1,735 | +€1,735 | |
| Total equity and liabilities | 10/49 | €317,698 | €331,534 | +€13,836 | +4.4% |
| Equity | 10/15 | €242,451 | €282,459 | +€40,008 | +16.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €228,742 | €268,750 | +€40,008 | +17.5% |
| Distributable reserves | 133 | €228,742 | €268,750 | +€40,008 | +17.5% |
| Profit (loss) carried forward | 14 | €7,509 | €7,509 | = | 0.0% |
| Amounts payable | 17/49 | €75,247 | €49,075 | -€26,172 | -34.8% |
| Amounts payable within one year | 42/48 | €75,247 | €49,075 | -€26,172 | -34.8% |
| Current portion of amounts payable after more than one year | 42 | €1,781 | €1,261 | -€520 | -29.2% |
| Trade debts | 44 | €4,064 | €1,750 | -€2,314 | -56.9% |
| Suppliers | 440/4 | €4,064 | €1,750 | -€2,314 | -56.9% |
| Taxes, remuneration and social security | 45 | €44,456 | €46,064 | +€1,608 | +3.6% |
| Taxes | 450/3 | €44,456 | €46,064 | +€1,608 | +3.6% |
| Other amounts payable | 47/48 | €24,946 | - | -€24,946 | |
| Non-recurring operating income | 76A | - | €4,959 | +€4,959 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,424 | €7,173 | +€749 | +11.7% |
| Other operating charges | 640/8 | €1,774 | €721 | -€1,053 | -59.4% |
| Gross operating margin | 9900 | €61,088 | €68,030 | +€6,942 | +11.4% |
| Operating profit (loss) | 9901 | €52,890 | €60,136 | +€7,246 | +13.7% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,844 | €2,559 | -€285 | -10.0% |
| Recurring financial charges | 65 | €2,844 | €2,559 | -€285 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €50,046 | €57,578 | +€7,532 | +15.1% |
| Income taxes | 67/77 | €15,384 | €17,570 | +€2,186 | +14.2% |
| Profit (loss) for the period | 9904 | €34,662 | €40,008 | +€5,346 | +15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €34,662 | €40,008 | +€5,346 | +15.4% |
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 21 October 2026 via checked.be.