NVJ GROUP: 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.
NVJ GROUP
Largest movements
- Tangible fixed assets -€12,443
down €12,443 (-27.4%), from €45,475 to €33,032
- Cash +€7,094
up €7,094 (+22.0%), from €32,245 to €39,339
mainly Depreciation (+€22,143) and Net result for the year (+€2,349)
- Current portion of long-term debt -€5,493
down €5,493 (-61.8%), from €8,885 to €3,391
- Trade debts -€3,690
down €3,690 (-55.8%), from €6,617 to €2,928
- Debts after one year -€3,391
down €3,391 (-58.9%), from €5,758 to €2,366
- Reserves +€2,349
up €2,349 (+12.2%), from €19,241 to €21,591
- Tax, wage and social debts +€1,744
up €1,744 (+51.5%), from €3,388 to €5,132
- Depreciation +€2,804
up €2,804 (+14.5%), from €19,339 to €22,143
- Gross operating margin +€1,960
up €1,960 (+7.6%), from €25,903 to €27,863
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 | €82,851 | €76,917 | -€5,934 | -7.2% |
| Fixed assets | 21/28 | €45,475 | €33,032 | -€12,443 | -27.4% |
| Tangible fixed assets | 22/27 | €45,475 | €33,032 | -€12,443 | -27.4% |
| Furniture and vehicles | 24 | €45,475 | €33,032 | -€12,443 | -27.4% |
| Current assets | 29/58 | €37,376 | €43,885 | +€6,510 | +17.4% |
| Stocks and contracts in progress | 3 | €85 | €75 | -€10 | -11.8% |
| Stocks | 30/36 | €85 | €75 | -€10 | -11.8% |
| Amounts receivable within one year | 40/41 | €5,046 | €4,289 | -€756 | -15.0% |
| Trade receivables | 40 | €5,046 | €4,289 | -€756 | -15.0% |
| Cash at bank and in hand | 54/58 | €32,245 | €39,339 | +€7,094 | +22.0% |
| Deferred charges and accrued income | 490/1 | - | €182 | +€182 | |
| Total equity and liabilities | 10/49 | €82,851 | €76,917 | -€5,934 | -7.2% |
| Equity | 10/15 | €40,241 | €42,591 | +€2,349 | +5.8% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €19,241 | €21,591 | +€2,349 | +12.2% |
| Distributable reserves | 133 | €19,241 | €21,591 | +€2,349 | +12.2% |
| Amounts payable | 17/49 | €42,610 | €34,327 | -€8,283 | -19.4% |
| Amounts payable after more than one year | 17 | €5,758 | €2,366 | -€3,391 | -58.9% |
| Financial debts | 170/4 | €5,758 | €2,366 | -€3,391 | -58.9% |
| Amounts payable within one year | 42/48 | €36,741 | €31,565 | -€5,176 | -14.1% |
| Current portion of amounts payable after more than one year | 42 | €8,885 | €3,391 | -€5,493 | -61.8% |
| Financial debts | 43 | - | €744 | +€744 | |
| Credit institutions | 430/8 | - | €744 | +€744 | |
| Trade debts | 44 | €6,617 | €2,928 | -€3,690 | -55.8% |
| Suppliers | 440/4 | €6,617 | €2,928 | -€3,690 | -55.8% |
| Taxes, remuneration and social security | 45 | €3,388 | €5,132 | +€1,744 | +51.5% |
| Taxes | 450/3 | €3,388 | €5,132 | +€1,744 | +51.5% |
| Other amounts payable | 47/48 | €17,850 | €19,369 | +€1,519 | +8.5% |
| Accrued charges and deferred income | 492/3 | €111 | €396 | +€284 | +256% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,339 | €22,143 | +€2,804 | +14.5% |
| Other operating charges | 640/8 | €708 | €715 | +€7 | +0.9% |
| Gross operating margin | 9900 | €25,903 | €27,863 | +€1,960 | +7.6% |
| Operating profit (loss) | 9901 | €5,856 | €5,006 | -€851 | -14.5% |
| Financial income | 75/76B | €61 | €136 | +€74 | +121% |
| Recurring financial income | 75 | €61 | €136 | +€74 | +121% |
| Financial charges | 65/66B | €1,934 | €1,714 | -€219 | -11.3% |
| Recurring financial charges | 65 | €1,934 | €1,714 | -€219 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | €3,984 | €3,427 | -€557 | -14.0% |
| Income taxes | 67/77 | €902 | €1,078 | +€176 | +19.5% |
| Profit (loss) for the period | 9904 | €3,082 | €2,349 | -€733 | -23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,082 | €2,349 | -€733 | -23.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.