NVNH SOFTWARE ENGINEERING SERVICES: 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.
NVNH SOFTWARE ENGINEERING SERVICES
Largest movements
- Current investments +€20,000
new in 2025: €20,000
- Cash +€18,237
up €18,237 (+36.7%), from €49,675 to €67,912
mainly Other debts (+€71,786) and Net result for the year (+€42,027)
- Tangible fixed assets -€3,842
down €3,842 (-43.0%), from €8,937 to €5,095
- Receivables within one year +€3,340
up €3,340 (+28.0%), from €11,911 to €15,250
of which Trade receivables: +€3,933
- Other debts +€71,786
up €71,786 (+3182.8%), from €2,255 to €74,041
- Reserves -€30,027
down €30,027 (-52.2%), from €57,532 to €27,505
- Tax, wage and social debts -€3,199
down €3,199 (-41.0%), from €7,810 to €4,611
of which Taxes: -€3,287
- Gross operating margin +€13,391
up €13,391 (+30.1%), from €44,478 to €57,869
- Taxes +€2,866
up €2,866 (+34.0%), from €8,427 to €11,293
- Depreciation -€700
down €700 (-15.4%), from €4,542 to €3,842
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €72,195 | €109,576 | +€37,381 | +51.8% |
| Fixed assets | 21/28 | €8,937 | €5,095 | -€3,842 | -43.0% |
| Tangible fixed assets | 22/27 | €8,937 | €5,095 | -€3,842 | -43.0% |
| Furniture and vehicles | 24 | €8,937 | €5,095 | -€3,842 | -43.0% |
| Current assets | 29/58 | €63,258 | €104,481 | +€41,223 | +65.2% |
| Amounts receivable within one year | 40/41 | €11,911 | €15,250 | +€3,340 | +28.0% |
| Trade receivables | 40 | €9,438 | €13,371 | +€3,933 | +41.7% |
| Other amounts receivable | 41 | €2,473 | €1,880 | -€593 | -24.0% |
| Current investments | 50/53 | - | €20,000 | +€20,000 | |
| Cash at bank and in hand | 54/58 | €49,675 | €67,912 | +€18,237 | +36.7% |
| Deferred charges and accrued income | 490/1 | €1,672 | €1,318 | -€354 | -21.2% |
| Total equity and liabilities | 10/49 | €72,195 | €109,576 | +€37,381 | +51.8% |
| Equity | 10/15 | €60,532 | €30,505 | -€30,027 | -49.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €57,532 | €27,505 | -€30,027 | -52.2% |
| Distributable reserves | 133 | €57,532 | €27,505 | -€30,027 | -52.2% |
| Amounts payable | 17/49 | €11,663 | €79,071 | +€67,408 | +578.0% |
| Amounts payable within one year | 42/48 | €11,310 | €78,967 | +€67,658 | +598.2% |
| Trade debts | 44 | €1,244 | €315 | -€929 | -74.7% |
| Suppliers | 440/4 | €1,244 | €315 | -€929 | -74.7% |
| Taxes, remuneration and social security | 45 | €7,810 | €4,611 | -€3,199 | -41.0% |
| Taxes | 450/3 | €7,810 | €4,524 | -€3,287 | -42.1% |
| Remuneration and social security | 454/9 | - | €87 | +€87 | |
| Other amounts payable | 47/48 | €2,255 | €74,041 | +€71,786 | +3182.8% |
| Accrued charges and deferred income | 492/3 | €353 | €104 | -€250 | -70.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,542 | €3,842 | -€700 | -15.4% |
| Other operating charges | 640/8 | €216 | €644 | +€428 | +198.8% |
| Gross operating margin | 9900 | €44,478 | €57,869 | +€13,391 | +30.1% |
| Operating profit (loss) | 9901 | €39,721 | €53,383 | +€13,662 | +34.4% |
| Financial income | 75/76B | €0 | €140 | +€140 | +1399200.0% |
| Recurring financial income | 75 | €0 | €140 | +€140 | +1399200.0% |
| Financial charges | 65/66B | €407 | €203 | -€205 | -50.2% |
| Recurring financial charges | 65 | €407 | €203 | -€205 | -50.2% |
| Profit (loss) for the period before taxes | 9903 | €39,313 | €53,320 | +€14,007 | +35.6% |
| Income taxes | 67/77 | €8,427 | €11,293 | +€2,866 | +34.0% |
| Profit (loss) for the period | 9904 | €30,886 | €42,027 | +€11,141 | +36.1% |
| Profit (loss) for the period to be appropriated | 9905 | €30,886 | €42,027 | +€11,141 | +36.1% |
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.