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 +€4,758
up €4,758 (+846%), from €563 to €5,321
of which Trade receivables: +€3,025
- Deferred charges and accrued income -€2,000
no longer reported in 2025 (was €2,000)
- Cash -€1,999
down €1,999 (-89.8%), from €2,227 to €228
mainly Receivables within one year (-€4,758) and Other debts (-€1,966)
- Other debts -€1,966
no longer reported in 2025 (was €1,966)
- Profit (loss) carried forward +€1,670
up €1,670 (+58.8%), from -€2,839 to -€1,168
- Tax, wage and social debts +€827
up €827 (+125%), from €662 to €1,489
- Trade debts +€228
up €228 (+22,769%), from €1 to €229
- Gross operating margin +€4,547
up €4,547, from -€2,789 to €1,758
- Financial charges +€38
up €38 (+75.1%), from €50 to €88
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 | €4,790 | €5,549 | +€759 | +15.9% |
| Current assets | 29/58 | €4,790 | €5,549 | +€759 | +15.9% |
| Amounts receivable within one year | 40/41 | €563 | €5,321 | +€4,758 | +846% |
| Trade receivables | 40 | - | €3,025 | +€3,025 | |
| Other amounts receivable | 41 | €563 | €2,296 | +€1,733 | +308% |
| Cash at bank and in hand | 54/58 | €2,227 | €228 | -€1,999 | -89.8% |
| Deferred charges and accrued income | 490/1 | €2,000 | - | -€2,000 | |
| Total equity and liabilities | 10/49 | €4,790 | €5,549 | +€759 | +15.9% |
| Equity | 10/15 | €2,161 | €3,832 | +€1,670 | +77.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,839 | -€1,168 | +€1,670 | +58.8% |
| Amounts payable | 17/49 | €2,629 | €1,718 | -€911 | -34.7% |
| Amounts payable within one year | 42/48 | €2,629 | €1,718 | -€911 | -34.7% |
| Trade debts | 44 | €1 | €229 | +€228 | +22,769% |
| Suppliers | 440/4 | €1 | €229 | +€228 | +22,769% |
| Taxes, remuneration and social security | 45 | €662 | €1,489 | +€827 | +125% |
| Taxes | 450/3 | €662 | €1,489 | +€827 | +125% |
| Other amounts payable | 47/48 | €1,966 | - | -€1,966 | |
| Gross operating margin | 9900 | -€2,789 | €1,758 | +€4,547 | |
| Operating profit (loss) | 9901 | -€2,789 | €1,758 | +€4,547 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €50 | €88 | +€38 | +75.1% |
| Recurring financial charges | 65 | €50 | €88 | +€38 | +75.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,839 | €1,670 | +€4,509 | |
| Profit (loss) for the period | 9904 | -€2,839 | €1,670 | +€4,509 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,839 | €1,670 | +€4,509 |
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 13 October 2026 via checked.be.