NOVA: 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.
NOVA
Largest movements
- Receivables within one year +€222,634
up €222,634 (+85.0%), from €262,023 to €484,657
of which Other amounts receivable: +€220,741
- Cash +€93,310
up €93,310 (+25.6%), from €364,104 to €457,414
mainly Debts within one year (+€160,150) and Net result for the year (+€115,599)
- Tangible fixed assets -€30,267
down €30,267 (-9.7%), from €312,498 to €282,231
of which Land and buildings: -€16,802
- Debts within one year +€160,150
up €160,150 (+50.2%), from €319,315 to €479,465
- Equity +€114,045
up €114,045 (+7.7%), from €1.5m to €1.6m
of which Contributions: +€267,568
- Staff costs +€197,471
up €197,471 (+10.3%), from €1.9m to €2.1m
- Gross operating margin +€167,432
up €167,432 (+7.9%), from €2.1m to €2.3m
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,827,050 | €2,113,099 | +€286,049 | +15.7% |
| Fixed assets | 21/28 | €312,498 | €282,231 | -€30,267 | -9.7% |
| Tangible fixed assets | 22/27 | €312,498 | €282,231 | -€30,267 | -9.7% |
| Land and buildings | 22 | €280,296 | €263,494 | -€16,802 | -6.0% |
| Plant, machinery and equipment | 23 | €15,056 | €4,439 | -€10,617 | -70.5% |
| Furniture and vehicles | 24 | €17,146 | €14,298 | -€2,847 | -16.6% |
| Current assets | 29/58 | €1,514,552 | €1,830,868 | +€316,316 | +20.9% |
| Amounts receivable within one year | 40/41 | €262,023 | €484,657 | +€222,634 | +85.0% |
| Trade receivables | 40 | €1,928 | €3,820 | +€1,892 | +98.2% |
| Other amounts receivable | 41 | €260,095 | €480,837 | +€220,741 | +84.9% |
| Current investments | 50/53 | €888,425 | €888,797 | +€372 | 0.0% |
| Cash at bank and in hand | 54/58 | €364,104 | €457,414 | +€93,310 | +25.6% |
| Total equity and liabilities | 10/49 | €1,827,050 | €2,113,099 | +€286,049 | +15.7% |
| Equity | 10/15 | €1,483,471 | €1,597,517 | +€114,045 | +7.7% |
| Contributions | 10/11 | - | €267,568 | +€267,568 | |
| Capital | 10 | - | €267,568 | +€267,568 | |
| Reserves | 13 | €480,139 | €523,778 | +€43,639 | +9.1% |
| Profit (loss) carried forward | 14 | €725,359 | €797,319 | +€71,960 | +9.9% |
| Investment grants | 15 | €10,405 | €8,852 | -€1,554 | -14.9% |
| Amounts payable | 17/49 | €343,579 | €515,582 | +€172,004 | +50.1% |
| Amounts payable within one year | 42/48 | €319,315 | €479,465 | +€160,150 | +50.2% |
| Financial debts | 43 | - | €50,000 | +€50,000 | |
| Other loans | 439 | - | €50,000 | +€50,000 | |
| Trade debts | 44 | €11,031 | €10,578 | -€454 | -4.1% |
| Suppliers | 440/4 | €11,031 | €10,578 | -€454 | -4.1% |
| Taxes, remuneration and social security | 45 | €265,058 | €341,177 | +€76,118 | +28.7% |
| Taxes | 450/3 | €58,586 | €66,987 | +€8,401 | +14.3% |
| Remuneration and social security | 454/9 | €206,473 | €274,190 | +€67,717 | +32.8% |
| Accrued charges and deferred income | 492/3 | €24,263 | €36,117 | +€11,854 | +48.9% |
| Remuneration, social security and pensions | 62 | €1,920,556 | €2,118,027 | +€197,471 | +10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,235 | €30,267 | -€968 | -3.1% |
| Other operating charges | 640/8 | €11,864 | €11,964 | +€100 | +0.8% |
| Non-recurring operating charges | 66A | - | €2,205 | +€2,205 | |
| Gross operating margin | 9900 | €2,111,638 | €2,279,070 | +€167,432 | +7.9% |
| Operating profit (loss) | 9901 | €147,984 | €116,608 | -€31,376 | -21.2% |
| Financial income | 75/76B | €5,374 | €1,314 | -€4,060 | -75.5% |
| Recurring financial income | 75 | €5,374 | €1,314 | -€4,060 | -75.5% |
| Financial charges | 65/66B | €2,556 | €1,508 | -€1,048 | -41.0% |
| Recurring financial charges | 65 | €1,814 | €1,508 | -€305 | -16.8% |
| Non-recurring financial charges | 66B | €743 | - | -€743 | |
| Profit (loss) for the period before taxes | 9903 | €150,801 | €116,414 | -€34,388 | -22.8% |
| Income taxes | 67/77 | - | €815 | +€815 | |
| Profit (loss) for the period | 9904 | €150,801 | €115,599 | -€35,202 | -23.3% |
| Profit (loss) for the period to be appropriated | 9905 | €150,801 | €115,599 | -€35,202 | -23.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.