NVM SERVICES CONSTRUCT: what changed
Two fiscal 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.
NVM SERVICES CONSTRUCT
Largest movements
- Tangible fixed assets +€17,737
up €17,737 (+83.9%), from €21,134 to €38,871
of which Furniture and vehicles: +€13,583
- Receivables within one year -€13,837
down €13,837 (-30.7%), from €45,033 to €31,196
of which Trade receivables: -€14,258
- Cash +€7,790
up €7,790 (+94.3%), from €8,263 to €16,053
mainly Net result for the year (+€16,422) and Receivables within one year (+€13,837)
- Deferred charges and accrued income -€1,471
down €1,471 (-69.6%), from €2,113 to €642
- Profit (loss) carried forward +€16,422
up €16,422 (+50.3%), from €32,677 to €49,099
- Tax, wage and social debts -€9,121
down €9,121 (-60.0%), from €15,204 to €6,083
of which Taxes: -€7,649
- Other debts +€4,276
new in 2024: €4,276
- Trade debts -€958
down €958 (-4.4%), from €21,842 to €20,885
- Gross operating margin +€40,077
up €40,077 (+84.2%), from €47,592 to €87,669
- Depreciation +€6,837
up €6,837 (+167.0%), from €4,095 to €10,932
- Staff costs +€4,806
up €4,806 (+10.7%), from €45,053 to €49,859
- Other operating charges +€2,374
up €2,374 (+150.4%), from €1,578 to €3,952
- Taxes +€2,278
up €2,278 (+106.0%), from €2,149 to €4,426
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €76,543 | €87,162 | +€10,619 | +13.9% |
| Fixed assets | 21/28 | €21,134 | €39,271 | +€18,137 | +85.8% |
| Tangible fixed assets | 22/27 | €21,134 | €38,871 | +€17,737 | +83.9% |
| Plant, machinery and equipment | 23 | €2,447 | €6,600 | +€4,153 | +169.8% |
| Furniture and vehicles | 24 | €18,687 | €32,271 | +€13,583 | +72.7% |
| Financial fixed assets | 28 | - | €400 | +€400 | |
| Current assets | 29/58 | €55,409 | €47,891 | -€7,518 | -13.6% |
| Amounts receivable within one year | 40/41 | €45,033 | €31,196 | -€13,837 | -30.7% |
| Trade receivables | 40 | €36,514 | €22,256 | -€14,258 | -39.0% |
| Other amounts receivable | 41 | €8,519 | €8,940 | +€421 | +4.9% |
| Cash at bank and in hand | 54/58 | €8,263 | €16,053 | +€7,790 | +94.3% |
| Deferred charges and accrued income | 490/1 | €2,113 | €642 | -€1,471 | -69.6% |
| Total equity and liabilities | 10/49 | €76,543 | €87,162 | +€10,619 | +13.9% |
| Equity | 10/15 | €39,497 | €55,919 | +€16,422 | +41.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,550 | - | -€18,550 | |
| Uncalled capital | 101 | €12,350 | - | -€12,350 | |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | - | -€620 | |
| Legal reserve | 130 | €620 | - | -€620 | |
| Distributable reserves | 133 | - | €620 | +€620 | |
| Profit (loss) carried forward | 14 | €32,677 | €49,099 | +€16,422 | +50.3% |
| Amounts payable | 17/49 | €37,046 | €31,243 | -€5,804 | -15.7% |
| Amounts payable within one year | 42/48 | €37,046 | €31,243 | -€5,804 | -15.7% |
| Trade debts | 44 | €21,842 | €20,885 | -€958 | -4.4% |
| Suppliers | 440/4 | €21,842 | €20,885 | -€958 | -4.4% |
| Taxes, remuneration and social security | 45 | €15,204 | €6,083 | -€9,121 | -60.0% |
| Taxes | 450/3 | €13,149 | €5,500 | -€7,649 | -58.2% |
| Remuneration and social security | 454/9 | €2,055 | €583 | -€1,473 | -71.6% |
| Other amounts payable | 47/48 | - | €4,276 | +€4,276 | |
| Remuneration, social security and pensions | 62 | €45,053 | €49,859 | +€4,806 | +10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,095 | €10,932 | +€6,837 | +167.0% |
| Other operating charges | 640/8 | €1,578 | €3,952 | +€2,374 | +150.4% |
| Gross operating margin | 9900 | €47,592 | €87,669 | +€40,077 | +84.2% |
| Operating profit (loss) | 9901 | -€3,134 | €22,925 | +€26,059 | |
| Financial income | 75/76B | €1,396 | - | -€1,396 | |
| Recurring financial income | 75 | €1,396 | - | -€1,396 | |
| Non-recurring financial income | 76B | €1,396 | - | -€1,396 | |
| Financial charges | 65/66B | €243 | €2,077 | +€1,833 | +753.1% |
| Recurring financial charges | 65 | €243 | €2,077 | +€1,833 | +753.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,981 | €20,849 | +€22,830 | |
| Income taxes | 67/77 | €2,149 | €4,426 | +€2,278 | +106.0% |
| Profit (loss) for the period | 9904 | -€4,130 | €16,422 | +€20,552 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,130 | €16,422 | +€20,552 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.