nviso: 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.
What changed
nviso
NACE 70.200, Business and other management consultancy
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€14,655
2024 · €43,865-€29,211
Equity
€787,997
2024 · €773,342+€14,655
Cash
€614,657
2024 · €537,831+€76,826
Balance sheet total
€2.4m
2024 · €3.2m-€860,200
Largest movements
Assets
- Receivables within one year -€708,314
down €708,314 (-53.0%), from €1.3m to €627,566
of which Trade receivables: -€731,891
- Tangible fixed assets -€149,149
down €149,149 (-48.0%), from €310,457 to €161,308
- Deferred charges and accrued income -€78,787
down €78,787 (-19.9%), from €396,706 to €317,918
- Cash +€76,826
up €76,826 (+14.3%), from €537,831 to €614,657
mainly Receivables within one year (+€708,314) and Depreciation (+€171,165)
Equity and liabilities
- Other debts -€994,683
down €994,683 (-77.1%), from €1.3m to €295,614
- Debts after one year +€139,386
up €139,386 (+40.3%), from €345,528 to €484,914
Income statement
- Other operating income -€3.0m
down €3.0m (-100.0%), from €3.0m to €0
- Turnover +€3.0m
up €3.0m (+3179.4%), from €93,981 to €3.1m
- Services and other goods +€307,860
up €307,860 (+10.9%), from €2.8m to €3.1m
- Financial income +€264,895
up €264,895 (+5268.0%), from €5,028 to €269,923
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.
Result 2024
€43,865
Turnover
+€3.0m
Other operating income
-€3.0m
Services and other goods
-€307,860
Depreciation
+€26,254
Other operating charges
+€4,283
Financial income
+€264,895
Financial charges
-€6,293
Taxes
+€9,886
Result 2025
€14,655
Cash bridge derived
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
-€41,320
Investment
-€21,239
Financing
+€139,386
Cash 2024
€537,831
From operations (derived)
-€41,320
Net result for the year
+€14,655
Depreciation
+€171,165
Receivables within one year
+€708,314
Deferred charges and accrued income
+€78,787
Trade debts
-€20,991
Tax, wage and social debts
-€5,425
Other debts
-€994,683
Accrued charges and deferred income
+€6,858
Investment (derived)
-€21,239
Investment in fixed assets (net)
-€21,239
Financing
+€139,386
Debts after one year
+€139,386
Cash 2025
€614,657
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,240,220 | €2,380,020 | -€860,200 | -26.5% |
| Fixed assets | 21/28 | €969,804 | €819,879 | -€149,925 | -15.5% |
| Intangible fixed assets | 21 | €1,476 | €700 | -€776 | -52.6% |
| Tangible fixed assets | 22/27 | €310,457 | €161,308 | -€149,149 | -48.0% |
| Plant, machinery and equipment | 23 | €310,457 | €161,308 | -€149,149 | -48.0% |
| Financial fixed assets | 28 | €657,871 | €657,871 | = | 0.0% |
| Affiliated companies | 280/1 | €628,307 | €628,307 | = | 0.0% |
| Participating interests | 280 | €628,307 | €628,307 | = | 0.0% |
| Other financial fixed assets | 284/8 | €29,564 | €29,564 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €29,564 | €29,564 | = | 0.0% |
| Current assets | 29/58 | €2,270,416 | €1,560,141 | -€710,275 | -31.3% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €1,335,880 | €627,566 | -€708,314 | -53.0% |
| Trade receivables | 40 | €1,326,155 | €594,264 | -€731,891 | -55.2% |
| Other amounts receivable | 41 | €9,726 | €33,302 | +€23,577 | +242.4% |
| Cash at bank and in hand | 54/58 | €537,831 | €614,657 | +€76,826 | +14.3% |
| Deferred charges and accrued income | 490/1 | €396,706 | €317,918 | -€78,787 | -19.9% |
| Total equity and liabilities | 10/49 | €3,240,220 | €2,380,020 | -€860,200 | -26.5% |
| Equity | 10/15 | €773,342 | €787,997 | +€14,655 | +1.9% |
| Contributions | 10/11 | €105,000 | €105,000 | = | 0.0% |
| Reserves | 13 | €8,700 | €8,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,700 | €8,700 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,700 | €8,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €659,642 | €674,297 | +€14,655 | +2.2% |
| Amounts payable | 17/49 | €2,466,878 | €1,592,023 | -€874,855 | -35.5% |
| Amounts payable after more than one year | 17 | €345,528 | €484,914 | +€139,386 | +40.3% |
| Financial debts | 170/4 | €345,528 | €484,914 | +€139,386 | +40.3% |
| Subordinated loans | 170 | €345,528 | €484,914 | +€139,386 | +40.3% |
| Amounts payable within one year | 42/48 | €2,112,371 | €1,091,272 | -€1.0m | -48.3% |
| Trade debts | 44 | €811,186 | €790,196 | -€20,991 | -2.6% |
| Suppliers | 440/4 | €811,186 | €790,196 | -€20,991 | -2.6% |
| Taxes, remuneration and social security | 45 | €10,887 | €5,462 | -€5,425 | -49.8% |
| Taxes | 450/3 | €10,887 | €5,462 | -€5,425 | -49.8% |
| Other amounts payable | 47/48 | €1,290,298 | €295,614 | -€994,683 | -77.1% |
| Accrued charges and deferred income | 492/3 | €8,979 | €15,837 | +€6,858 | +76.4% |
| Operating income | 70/76A | €3,102,381 | €3,082,006 | -€20,375 | -0.7% |
| Turnover | 70 | €93,981 | €3,082,006 | +€3.0m | +3179.4% |
| Other operating income | 74 | €3,008,399 | €0 | -€3.0m | -100.0% |
| Operating charges | 60/66A | €3,022,017 | €3,299,340 | +€277,323 | +9.2% |
| Services and other goods | 61 | €2,819,299 | €3,127,158 | +€307,860 | +10.9% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €197,419 | €171,165 | -€26,254 | -13.3% |
| Other operating charges | 640/8 | €5,300 | €1,017 | -€4,283 | -80.8% |
| Operating profit (loss) | 9901 | €80,364 | -€217,334 | -€297,698 | |
| Financial income | 75/76B | €5,028 | €269,923 | +€264,895 | +5268.0% |
| Recurring financial income | 75 | €5,028 | €269,923 | +€264,895 | +5268.0% |
| Income from financial fixed assets | 750 | €23 | €250,000 | +€249,977 | +1110517.5% |
| Income from current assets | 751 | - | €64 | +€64 | |
| Other financial income | 752/9 | €5,006 | €19,859 | +€14,854 | +296.7% |
| Financial charges | 65/66B | €26,109 | €32,403 | +€6,293 | +24.1% |
| Recurring financial charges | 65 | €26,109 | €32,403 | +€6,293 | +24.1% |
| Debt charges | 650 | €9,045 | €15,068 | +€6,023 | +66.6% |
| Other financial charges | 652/9 | €17,064 | €17,334 | +€270 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €59,283 | €20,186 | -€39,097 | -65.9% |
| Income taxes | 67/77 | €15,417 | €5,531 | -€9,886 | -64.1% |
| Taxes | 670/3 | €15,417 | €5,531 | -€9,886 | -64.1% |
| Profit (loss) for the period | 9904 | €43,865 | €14,655 | -€29,211 | -66.6% |
| Profit (loss) for the period to be appropriated | 9905 | €43,865 | €14,655 | -€29,211 | -66.6% |
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 9 October 2026 via checked.be.