NXV Project: 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.
NXV Project
Largest movements
- Tangible fixed assets -€7,473
down €7,473 (-81.8%), from €9,132 to €1,659
of which Furniture and vehicles: -€7,286
- Receivables within one year +€6,252
up €6,252 (+18.3%), from €34,175 to €40,427
of which Other amounts receivable: +€4,180
- Cash +€4,701
up €4,701 (+8.0%), from €58,963 to €63,664
mainly Other debts (+€22,654) and Net result for the year (+€22,289)
- Other debts +€22,654
up €22,654 (+170%), from €13,346 to €36,000
- Profit (loss) carried forward -€8,147
down €8,147 (-100%), from €8,147 to €0
- Reserves -€5,564
down €5,564 (-11.9%), from €46,860 to €41,296
of which Distributable reserves: -€5,564
- Debts after one year -€4,576
down €4,576 (-66.2%), from €6,910 to €2,334
- Trade debts -€2,147
down €2,147 (-24.3%), from €8,829 to €6,682
- Depreciation -€6,948
down €6,948 (-48.2%), from €14,421 to €7,473
- Gross operating margin +€5,227
up €5,227 (+15.6%), from €33,548 to €38,775
- Taxes +€2,108
up €2,108 (+41.3%), from €5,100 to €7,208
- Financial income -€1,290
down €1,290 (-85.8%), from €1,504 to €214
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 | €103,550 | €107,467 | +€3,917 | +3.8% |
| Fixed assets | 21/28 | €9,132 | €1,659 | -€7,473 | -81.8% |
| Tangible fixed assets | 22/27 | €9,132 | €1,659 | -€7,473 | -81.8% |
| Furniture and vehicles | 24 | €8,164 | €879 | -€7,286 | -89.2% |
| Other tangible fixed assets | 26 | €968 | €781 | -€188 | -19.4% |
| Current assets | 29/58 | €94,417 | €105,808 | +€11,390 | +12.1% |
| Amounts receivable within one year | 40/41 | €34,175 | €40,427 | +€6,252 | +18.3% |
| Trade receivables | 40 | €13,647 | €15,719 | +€2,072 | +15.2% |
| Other amounts receivable | 41 | €20,528 | €24,708 | +€4,180 | +20.4% |
| Cash at bank and in hand | 54/58 | €58,963 | €63,664 | +€4,701 | +8.0% |
| Deferred charges and accrued income | 490/1 | €1,280 | €1,717 | +€437 | +34.2% |
| Total equity and liabilities | 10/49 | €103,550 | €107,467 | +€3,917 | +3.8% |
| Equity | 10/15 | €61,207 | €47,496 | -€13,711 | -22.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €46,860 | €41,296 | -€5,564 | -11.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €45,000 | €39,436 | -€5,564 | -12.4% |
| Profit (loss) carried forward | 14 | €8,147 | €0 | -€8,147 | -100% |
| Amounts payable | 17/49 | €42,343 | €59,971 | +€17,628 | +41.6% |
| Amounts payable after more than one year | 17 | €6,910 | €2,334 | -€4,576 | -66.2% |
| Financial debts | 170/4 | €6,910 | €2,334 | -€4,576 | -66.2% |
| Amounts payable within one year | 42/48 | €35,433 | €57,637 | +€22,204 | +62.7% |
| Current portion of amounts payable after more than one year | 42 | €4,456 | €4,576 | +€120 | +2.7% |
| Trade debts | 44 | €8,829 | €6,682 | -€2,147 | -24.3% |
| Suppliers | 440/4 | €8,829 | €6,682 | -€2,147 | -24.3% |
| Taxes, remuneration and social security | 45 | €8,802 | €10,379 | +€1,577 | +17.9% |
| Taxes | 450/3 | €8,802 | €10,379 | +€1,577 | +17.9% |
| Other amounts payable | 47/48 | €13,346 | €36,000 | +€22,654 | +170% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,421 | €7,473 | -€6,948 | -48.2% |
| Other operating charges | 640/8 | €1,249 | €1,215 | -€34 | -2.7% |
| Gross operating margin | 9900 | €33,548 | €38,775 | +€5,227 | +15.6% |
| Operating profit (loss) | 9901 | €17,879 | €30,088 | +€12,209 | +68.3% |
| Financial income | 75/76B | €1,504 | €214 | -€1,290 | -85.8% |
| Recurring financial income | 75 | €1,504 | €214 | -€1,290 | -85.8% |
| Financial charges | 65/66B | €937 | €804 | -€133 | -14.2% |
| Recurring financial charges | 65 | €937 | €804 | -€133 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €18,447 | €29,498 | +€11,051 | +59.9% |
| Income taxes | 67/77 | €5,100 | €7,208 | +€2,108 | +41.3% |
| Profit (loss) for the period | 9904 | €13,346 | €22,289 | +€8,943 | +67.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,346 | €22,289 | +€8,943 | +67.0% |
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 16 October 2026 via checked.be.