NouvelleR: 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.
NouvelleR
Largest movements
- Intangible fixed assets +€15,392
up €15,392 (+132.4%), from €11,622 to €27,014
- Receivables within one year -€13,768
down €13,768 (-95.0%), from €14,491 to €723
of which Other amounts receivable: -€7,098
- Cash -€11,260
down €11,260 (-48.9%), from €23,037 to €11,777
mainly Net result for the year (-€60,101) and Investment in fixed assets (net) (-€20,516)
- Tangible fixed assets -€7,096
down €7,096 (-37.1%), from €19,150 to €12,055
of which Furniture and vehicles: -€5,529
- Profit (loss) carried forward -€60,101
down €60,101, from €45,690 to -€14,412
- Other debts +€41,990
up €41,990, from €0 to €41,990
- Tax, wage and social debts +€1,170
up €1,170 (+82.9%), from €1,410 to €2,580
- Gross operating margin -€21,382
down €21,382 (-84.8%), from -€25,224 to -€46,606
- Depreciation +€1,705
up €1,705 (+16.2%), from €10,514 to €12,219
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 | €68,583 | €51,722 | -€16,862 | -24.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €30,772 | €39,069 | +€8,297 | +27.0% |
| Intangible fixed assets | 21 | €11,622 | €27,014 | +€15,392 | +132.4% |
| Tangible fixed assets | 22/27 | €19,150 | €12,055 | -€7,096 | -37.1% |
| Furniture and vehicles | 24 | €15,870 | €10,341 | -€5,529 | -34.8% |
| Other tangible fixed assets | 26 | €3,280 | €1,714 | -€1,566 | -47.8% |
| Current assets | 29/58 | €37,811 | €12,653 | -€25,158 | -66.5% |
| Amounts receivable within one year | 40/41 | €14,491 | €723 | -€13,768 | -95.0% |
| Trade receivables | 40 | €7,393 | €723 | -€6,670 | -90.2% |
| Other amounts receivable | 41 | €7,098 | €0 | -€7,098 | -100.0% |
| Cash at bank and in hand | 54/58 | €23,037 | €11,777 | -€11,260 | -48.9% |
| Deferred charges and accrued income | 490/1 | €283 | €153 | -€131 | -46.2% |
| Total equity and liabilities | 10/49 | €68,583 | €51,722 | -€16,862 | -24.6% |
| Equity | 10/15 | €66,150 | €6,049 | -€60,101 | -90.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,690 | -€14,412 | -€60,101 | |
| Amounts payable | 17/49 | €2,434 | €45,673 | +€43,239 | +1776.7% |
| Amounts payable within one year | 42/48 | €2,434 | €45,673 | +€43,239 | +1776.7% |
| Trade debts | 44 | €1,023 | €1,104 | +€80 | +7.8% |
| Suppliers | 440/4 | €1,023 | €1,104 | +€80 | +7.8% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €1,410 | €2,580 | +€1,170 | +82.9% |
| Taxes | 450/3 | €1,410 | €2,580 | +€1,170 | +82.9% |
| Other amounts payable | 47/48 | €0 | €41,990 | +€41,990 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,514 | €12,219 | +€1,705 | +16.2% |
| Other operating charges | 640/8 | €511 | €528 | +€17 | +3.4% |
| Non-recurring operating charges | 66A | €222 | €68 | -€154 | -69.5% |
| Gross operating margin | 9900 | -€25,224 | -€46,606 | -€21,382 | -84.8% |
| Operating profit (loss) | 9901 | -€36,471 | -€59,421 | -€22,951 | -62.9% |
| Financial income | 75/76B | €436 | €96 | -€341 | -78.1% |
| Recurring financial income | 75 | €436 | €96 | -€341 | -78.1% |
| Financial charges | 65/66B | €431 | €328 | -€103 | -23.9% |
| Recurring financial charges | 65 | €431 | €328 | -€103 | -23.9% |
| Profit (loss) for the period before taxes | 9903 | -€36,466 | -€59,654 | -€23,188 | -63.6% |
| Income taxes | 67/77 | €411 | €447 | +€36 | +8.8% |
| Profit (loss) for the period | 9904 | -€36,877 | -€60,101 | -€23,224 | -63.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,877 | -€60,101 | -€23,224 | -63.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.