Nouvellune: 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.
Nouvellune
Largest movements
- Cash -€351,568
down €351,568 (-71.6%), from €491,336 to €139,768
mainly Receivables within one year (-€183,780) and Trade debts (-€131,725)
- Receivables within one year +€183,780
up €183,780 (+165.4%), from €111,081 to €294,861
of which Other amounts receivable: +€182,960
- Tangible fixed assets +€44,897
up €44,897 (+71.3%), from €62,959 to €107,855
- Trade debts -€131,725
down €131,725 (-53.6%), from €245,799 to €114,074
- Reserves +€18,284
up €18,284 (+4.5%), from €409,196 to €427,481
of which Distributable reserves: +€18,284
- Gross operating margin -€67,677
down €67,677 (-30.3%), from €223,354 to €155,677
- Taxes -€23,244
down €23,244 (-62.5%), from €37,212 to €13,968
- Depreciation +€11,978
up €11,978 (+82.6%), from €14,506 to €26,485
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 | €707,511 | €588,266 | -€119,245 | -16.9% |
| Fixed assets | 21/28 | €78,709 | €123,605 | +€44,897 | +57.0% |
| Tangible fixed assets | 22/27 | €62,959 | €107,855 | +€44,897 | +71.3% |
| Land and buildings | 22 | €9,953 | €28,118 | +€18,165 | +182.5% |
| Plant, machinery and equipment | 23 | €15,215 | €22,273 | +€7,058 | +46.4% |
| Furniture and vehicles | 24 | €27,651 | €37,949 | +€10,298 | +37.2% |
| Other tangible fixed assets | 26 | €10,141 | €19,515 | +€9,375 | +92.4% |
| Financial fixed assets | 28 | €15,750 | €15,750 | = | 0.0% |
| Current assets | 29/58 | €628,802 | €464,660 | -€164,142 | -26.1% |
| Stocks and contracts in progress | 3 | €19,515 | €20,111 | +€595 | +3.0% |
| Stocks | 30/36 | €19,515 | €20,111 | +€595 | +3.0% |
| Amounts receivable within one year | 40/41 | €111,081 | €294,861 | +€183,780 | +165.4% |
| Trade receivables | 40 | €1,639 | €2,459 | +€819 | +50.0% |
| Other amounts receivable | 41 | €109,442 | €292,402 | +€182,960 | +167.2% |
| Cash at bank and in hand | 54/58 | €491,336 | €139,768 | -€351,568 | -71.6% |
| Deferred charges and accrued income | 490/1 | €6,869 | €9,921 | +€3,051 | +44.4% |
| Total equity and liabilities | 10/49 | €707,511 | €588,266 | -€119,245 | -16.9% |
| Equity | 10/15 | €434,305 | €452,589 | +€18,284 | +4.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €409,196 | €427,481 | +€18,284 | +4.5% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €407,341 | €425,626 | +€18,284 | +4.5% |
| Profit (loss) carried forward | 14 | €6,558 | €6,558 | = | 0.0% |
| Amounts payable | 17/49 | €273,206 | €135,677 | -€137,529 | -50.3% |
| Amounts payable within one year | 42/48 | €273,206 | €135,677 | -€137,529 | -50.3% |
| Financial debts | 43 | €254 | €11 | -€244 | -95.8% |
| Credit institutions | 430/8 | €254 | €11 | -€244 | -95.8% |
| Trade debts | 44 | €245,799 | €114,074 | -€131,725 | -53.6% |
| Suppliers | 440/4 | €245,799 | €114,074 | -€131,725 | -53.6% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €27,153 | €21,592 | -€5,560 | -20.5% |
| Taxes | 450/3 | €4,906 | €7,660 | +€2,754 | +56.1% |
| Remuneration and social security | 454/9 | €22,247 | €13,933 | -€8,314 | -37.4% |
| Remuneration, social security and pensions | 62 | €95,501 | €93,468 | -€2,033 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,506 | €26,485 | +€11,978 | +82.6% |
| Other operating charges | 640/8 | €1,521 | €2,170 | +€649 | +42.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €223,354 | €155,677 | -€67,677 | -30.3% |
| Operating profit (loss) | 9901 | €111,826 | €33,555 | -€78,271 | -70.0% |
| Financial income | 75/76B | €21 | €67 | +€46 | +213.7% |
| Recurring financial income | 75 | €21 | €67 | +€46 | +213.7% |
| Financial charges | 65/66B | €1,104 | €1,370 | +€266 | +24.1% |
| Recurring financial charges | 65 | €1,104 | €1,370 | +€266 | +24.1% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €110,743 | €32,252 | -€78,491 | -70.9% |
| Income taxes | 67/77 | €37,212 | €13,968 | -€23,244 | -62.5% |
| Profit (loss) for the period | 9904 | €73,531 | €18,284 | -€55,247 | -75.1% |
| Profit (loss) for the period to be appropriated | 9905 | €73,531 | €18,284 | -€55,247 | -75.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.