NVIDIA Technologies Belgium: 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.
NVIDIA Technologies Belgium
Largest movements
- Receivables within one year +€2.8m
up €2.8m (+147%), from €1.9m to €4.7m
of which Other amounts receivable: +€3.0m
- Deferred charges and accrued income +€88,688
up €88,688 (+257%), from €34,473 to €123,162
- Cash +€71,561
up €71,561 (+9.8%), from €731,330 to €802,891
mainly Tax, wage and social debts (+€1.8m) and Net result for the year (+€847,721)
- Tax, wage and social debts +€1.8m
up €1.8m (+112%), from €1.6m to €3.4m
of which Remuneration and social security: +€1.7m
- Profit (loss) carried forward +€847,721
up €847,721 (+83.6%), from €1.0m to €1.9m
- Trade debts +€386,415
up €386,415 (+326%), from €118,450 to €504,865
- Gross operating margin +€2.0m
up €2.0m (+18.5%), from €11.1m to €13.1m
- Staff costs +€1.7m
up €1.7m (+16.3%), from €10.1m to €11.8m
- Financial charges +€229,186
up €229,186 (+1,363%), from €16,818 to €246,003
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,739,509 | €5,745,800 | +€3.0m | +110% |
| Fixed assets | 21/28 | €62,393 | €93,000 | +€30,607 | +49.1% |
| Intangible fixed assets | 21 | €28,952 | €22,491 | -€6,461 | -22.3% |
| Tangible fixed assets | 22/27 | €16,675 | €49,985 | +€33,310 | +200% |
| Plant, machinery and equipment | 23 | €5,213 | €39,869 | +€34,656 | +665% |
| Furniture and vehicles | 24 | €11,462 | €10,116 | -€1,346 | -11.7% |
| Financial fixed assets | 28 | €16,766 | €20,524 | +€3,758 | +22.4% |
| Current assets | 29/58 | €2,677,116 | €5,652,799 | +€3.0m | +111% |
| Amounts receivable within one year | 40/41 | €1,911,312 | €4,726,746 | +€2.8m | +147% |
| Trade receivables | 40 | €1,798,935 | €1,663,843 | -€135,092 | -7.5% |
| Other amounts receivable | 41 | €112,377 | €3,062,903 | +€3.0m | +2,626% |
| Cash at bank and in hand | 54/58 | €731,330 | €802,891 | +€71,561 | +9.8% |
| Deferred charges and accrued income | 490/1 | €34,473 | €123,162 | +€88,688 | +257% |
| Total equity and liabilities | 10/49 | €2,739,509 | €5,745,800 | +€3.0m | +110% |
| Equity | 10/15 | €1,014,212 | €1,861,934 | +€847,721 | +83.6% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,014,211 | €1,861,933 | +€847,721 | +83.6% |
| Amounts payable | 17/49 | €1,725,297 | €3,883,866 | +€2.2m | +125% |
| Amounts payable within one year | 42/48 | €1,709,351 | €3,883,863 | +€2.2m | +127% |
| Trade debts | 44 | €118,450 | €504,865 | +€386,415 | +326% |
| Suppliers | 440/4 | €118,450 | €504,865 | +€386,415 | +326% |
| Taxes, remuneration and social security | 45 | €1,590,901 | €3,377,009 | +€1.8m | +112% |
| Taxes | 450/3 | €158,488 | €201,701 | +€43,213 | +27.3% |
| Remuneration and social security | 454/9 | €1,432,413 | €3,175,308 | +€1.7m | +122% |
| Other amounts payable | 47/48 | €0 | €1,988 | +€1,988 | |
| Accrued charges and deferred income | 492/3 | €15,946 | €3 | -€15,943 | -100.0% |
| Remuneration, social security and pensions | 62 | €10,104,873 | €11,754,919 | +€1.7m | +16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,130 | €13,699 | +€9,569 | +232% |
| Other operating charges | 640/8 | €400 | €477 | +€77 | +19.4% |
| Gross operating margin | 9900 | €11,061,325 | €13,106,409 | +€2.0m | +18.5% |
| Operating profit (loss) | 9901 | €951,922 | €1,337,315 | +€385,392 | +40.5% |
| Financial income | 75/76B | €94,265 | €60,979 | -€33,285 | -35.3% |
| Recurring financial income | 75 | €94,265 | €60,979 | -€33,285 | -35.3% |
| Financial charges | 65/66B | €16,818 | €246,003 | +€229,186 | +1,363% |
| Recurring financial charges | 65 | €16,818 | €246,003 | +€229,186 | +1,363% |
| Profit (loss) for the period before taxes | 9903 | €1,029,369 | €1,152,291 | +€122,922 | +11.9% |
| Income taxes | 67/77 | €268,171 | €304,569 | +€36,398 | +13.6% |
| Profit (loss) for the period | 9904 | €761,198 | €847,721 | +€86,523 | +11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €761,198 | €847,721 | +€86,523 | +11.4% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.