Nova Accounting: 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 Accounting
Largest movements
- Receivables within one year -€14,462
down €14,462 (-37.9%), from €38,158 to €23,696
of which Trade receivables: -€12,246
- Deferred charges and accrued income -€1,269
no longer reported in 2025 (was €1,269)
- Tangible fixed assets +€514
new in 2025: €514
- Debts after one year -€20,000
no longer reported in 2025 (was €20,000)
- Short-term financial debts +€15,640
up €15,640 (+65,993%), from €24 to €15,664
- Other debts -€7,600
no longer reported in 2025 (was €7,600)
- Profit (loss) carried forward -€7,581
down €7,581 (-33.4%), from -€22,682 to -€30,263
- Trade debts +€6,199
up €6,199 (+1,058%), from €586 to €6,785
- Taxes +€37,686
up €37,686 (+5,721%), from €659 to €38,345
- Gross operating margin +€29,372
up €29,372 (+171%), from €17,149 to €46,521
- Other operating charges +€7,635
up €7,635 (+141%), from €5,413 to €13,047
- Financial charges +€1,472
up €1,472 (+70.5%), from €2,088 to €3,561
- Financial income +€730
up €730 (+274%), from €267 to €997
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 | €39,427 | €24,213 | -€15,214 | -38.6% |
| Fixed assets | 21/28 | - | €514 | +€514 | |
| Tangible fixed assets | 22/27 | - | €514 | +€514 | |
| Plant, machinery and equipment | 23 | - | €514 | +€514 | |
| Current assets | 29/58 | €39,427 | €23,700 | -€15,728 | -39.9% |
| Amounts receivable within one year | 40/41 | €38,158 | €23,696 | -€14,462 | -37.9% |
| Trade receivables | 40 | €15,190 | €2,943 | -€12,246 | -80.6% |
| Other amounts receivable | 41 | €22,968 | €20,752 | -€2,216 | -9.6% |
| Cash at bank and in hand | 54/58 | - | €4 | +€4 | |
| Deferred charges and accrued income | 490/1 | €1,269 | - | -€1,269 | |
| Total equity and liabilities | 10/49 | €39,427 | €24,213 | -€15,214 | -38.6% |
| Equity | 10/15 | €91 | -€7,490 | -€7,581 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,173 | €4,173 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €2,313 | €2,313 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,682 | -€30,263 | -€7,581 | -33.4% |
| Amounts payable | 17/49 | €39,336 | €31,703 | -€7,633 | -19.4% |
| Amounts payable after more than one year | 17 | €20,000 | - | -€20,000 | |
| Financial debts | 170/4 | €20,000 | - | -€20,000 | |
| Amounts payable within one year | 42/48 | €19,336 | €31,703 | +€12,367 | +64.0% |
| Financial debts | 43 | €24 | €15,664 | +€15,640 | +65,993% |
| Credit institutions | 430/8 | €24 | €15,664 | +€15,640 | +65,993% |
| Trade debts | 44 | €586 | €6,785 | +€6,199 | +1,058% |
| Suppliers | 440/4 | €586 | €6,785 | +€6,199 | +1,058% |
| Taxes, remuneration and social security | 45 | €11,127 | €9,255 | -€1,872 | -16.8% |
| Taxes | 450/3 | €11,127 | €9,255 | -€1,872 | -16.8% |
| Other amounts payable | 47/48 | €7,600 | - | -€7,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66 | €147 | +€80 | +122% |
| Other operating charges | 640/8 | €5,413 | €13,047 | +€7,635 | +141% |
| Gross operating margin | 9900 | €17,149 | €46,521 | +€29,372 | +171% |
| Operating profit (loss) | 9901 | €11,671 | €33,327 | +€21,657 | +186% |
| Financial income | 75/76B | €267 | €997 | +€730 | +274% |
| Recurring financial income | 75 | €267 | €997 | +€730 | +274% |
| Financial charges | 65/66B | €2,088 | €3,561 | +€1,472 | +70.5% |
| Recurring financial charges | 65 | €2,088 | €3,561 | +€1,472 | +70.5% |
| Profit (loss) for the period before taxes | 9903 | €9,849 | €30,764 | +€20,915 | +212% |
| Income taxes | 67/77 | €659 | €38,345 | +€37,686 | +5,721% |
| Profit (loss) for the period | 9904 | €9,190 | -€7,581 | -€16,772 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,190 | -€7,581 | -€16,772 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.