NYSVEST: 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.
NYSVEST
Largest movements
- Cash -€21,917
down €21,917 (-33.4%), from €65,615 to €43,698
mainly Contributions, distributions and other (-€78,299) and Receivables within one year (-€13,535)
- Receivables within one year +€13,535
up €13,535 (+129%), from €10,473 to €24,008
of which Trade receivables: +€18,925
- Current investments +€10,000
new in 2025: €10,000
- Tangible fixed assets -€1,460
down €1,460 (-15.4%), from €9,454 to €7,994
of which Furniture and vehicles: -€1,426
- Profit (loss) carried forward -€78,299
no longer reported in 2025 (was €78,299)
- Reserves +€46,397
new in 2025: €46,397
- Other debts +€24,004
up €24,004 (+1,652%), from €1,453 to €25,457
- Tax, wage and social debts +€9,487
up €9,487 (+411%), from €2,308 to €11,795
- Trade debts -€1,404
down €1,404 (-94.8%), from €1,482 to €78
- Gross operating margin +€48,506
up €48,506 (+236%), from €20,534 to €69,040
- Taxes +€14,530
up €14,530 (+315%), from €4,610 to €19,139
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 | €85,541 | €85,727 | +€185 | +0.2% |
| Fixed assets | 21/28 | €9,454 | €7,994 | -€1,460 | -15.4% |
| Tangible fixed assets | 22/27 | €9,454 | €7,994 | -€1,460 | -15.4% |
| Furniture and vehicles | 24 | €9,142 | €7,716 | -€1,426 | -15.6% |
| Other tangible fixed assets | 26 | €312 | €278 | -€34 | -10.9% |
| Current assets | 29/58 | €76,088 | €77,733 | +€1,645 | +2.2% |
| Amounts receivable within one year | 40/41 | €10,473 | €24,008 | +€13,535 | +129% |
| Trade receivables | 40 | €1,225 | €20,150 | +€18,925 | +1,545% |
| Other amounts receivable | 41 | €9,248 | €3,858 | -€5,390 | -58.3% |
| Current investments | 50/53 | - | €10,000 | +€10,000 | |
| Cash at bank and in hand | 54/58 | €65,615 | €43,698 | -€21,917 | -33.4% |
| Deferred charges and accrued income | 490/1 | - | €27 | +€27 | |
| Total equity and liabilities | 10/49 | €85,541 | €85,727 | +€185 | +0.2% |
| Equity | 10/15 | €80,299 | €48,397 | -€31,902 | -39.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €46,397 | +€46,397 | |
| Distributable reserves | 133 | - | €46,397 | +€46,397 | |
| Profit (loss) carried forward | 14 | €78,299 | - | -€78,299 | |
| Amounts payable | 17/49 | €5,243 | €37,330 | +€32,087 | +612% |
| Amounts payable within one year | 42/48 | €5,243 | €37,330 | +€32,087 | +612% |
| Trade debts | 44 | €1,482 | €78 | -€1,404 | -94.8% |
| Suppliers | 440/4 | €1,482 | €78 | -€1,404 | -94.8% |
| Taxes, remuneration and social security | 45 | €2,308 | €11,795 | +€9,487 | +411% |
| Taxes | 450/3 | €2,308 | €11,795 | +€9,487 | +411% |
| Other amounts payable | 47/48 | €1,453 | €25,457 | +€24,004 | +1,652% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,413 | €2,915 | +€502 | +20.8% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | - | €168 | +€168 | |
| Gross operating margin | 9900 | €20,534 | €69,040 | +€48,506 | +236% |
| Operating profit (loss) | 9901 | €17,734 | €65,557 | +€47,823 | +270% |
| Financial income | 75/76B | €0 | €27 | +€27 | +22,492% |
| Recurring financial income | 75 | €0 | €27 | +€27 | +22,492% |
| Financial charges | 65/66B | €151 | €48 | -€103 | -68.2% |
| Recurring financial charges | 65 | €151 | €48 | -€103 | -68.2% |
| Profit (loss) for the period before taxes | 9903 | €17,583 | €65,536 | +€47,953 | +273% |
| Income taxes | 67/77 | €4,610 | €19,139 | +€14,530 | +315% |
| Profit (loss) for the period | 9904 | €12,973 | €46,397 | +€33,423 | +258% |
| Profit (loss) for the period to be appropriated | 9905 | €12,973 | €46,397 | +€33,423 | +258% |
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 20 October 2026 via checked.be.