NOVA ARTE: 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.
NOVA ARTE
Largest movements
- Cash +€2,613
up €2,613 (+36.2%), from €7,217 to €9,830
mainly Trade debts (+€2,948) and Receivables within one year (+€1,828)
- Receivables within one year -€1,828
down €1,828 (-11.7%), from €15,616 to €13,788
of which Trade receivables: -€1,784
- Deferred charges and accrued income +€391
up €391 (+12.5%), from €3,122 to €3,512
- Profit (loss) carried forward -€3,362
down €3,362, from €107 to -€3,254
- Trade debts +€2,948
up €2,948 (+518.2%), from €569 to €3,517
- Other debts +€1,738
up €1,738 (+22.0%), from €7,915 to €9,652
- Tax, wage and social debts -€664
down €664 (-69.6%), from €955 to €291
- Accrued charges and deferred income +€515
up €515 (+472.6%), from €109 to €624
- Gross operating margin -€6,965
down €6,965, from €6,570 to -€395
- Depreciation -€1,549
no longer reported in 2025 (was €1,549)
- Taxes -€670
down €670 (-82.6%), from €811 to €141
- Financial charges -€354
down €354 (-21.7%), from €1,629 to €1,275
- Other operating charges +€170
up €170 (+12.3%), from €1,382 to €1,552
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 | €25,955 | €27,130 | +€1,175 | +4.5% |
| Current assets | 29/58 | €25,955 | €27,130 | +€1,175 | +4.5% |
| Amounts receivable within one year | 40/41 | €15,616 | €13,788 | -€1,828 | -11.7% |
| Trade receivables | 40 | €15,008 | €13,224 | -€1,784 | -11.9% |
| Other amounts receivable | 41 | €608 | €564 | -€44 | -7.2% |
| Cash at bank and in hand | 54/58 | €7,217 | €9,830 | +€2,613 | +36.2% |
| Deferred charges and accrued income | 490/1 | €3,122 | €3,512 | +€391 | +12.5% |
| Total equity and liabilities | 10/49 | €25,955 | €27,130 | +€1,175 | +4.5% |
| Equity | 10/15 | €16,407 | €13,046 | -€3,362 | -20.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €13,300 | €13,300 | = | 0.0% |
| Distributable reserves | 133 | €13,300 | €13,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107 | -€3,254 | -€3,362 | |
| Amounts payable | 17/49 | €9,547 | €14,084 | +€4,537 | +47.5% |
| Amounts payable within one year | 42/48 | €9,438 | €13,460 | +€4,022 | +42.6% |
| Trade debts | 44 | €569 | €3,517 | +€2,948 | +518.2% |
| Suppliers | 440/4 | €569 | €3,517 | +€2,948 | +518.2% |
| Taxes, remuneration and social security | 45 | €955 | €291 | -€664 | -69.6% |
| Taxes | 450/3 | €955 | €291 | -€664 | -69.6% |
| Other amounts payable | 47/48 | €7,915 | €9,652 | +€1,738 | +22.0% |
| Accrued charges and deferred income | 492/3 | €109 | €624 | +€515 | +472.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,549 | - | -€1,549 | |
| Other operating charges | 640/8 | €1,382 | €1,552 | +€170 | +12.3% |
| Gross operating margin | 9900 | €6,570 | -€395 | -€6,965 | |
| Operating profit (loss) | 9901 | €3,639 | -€1,947 | -€5,586 | |
| Financial income | 75/76B | €3 | €1 | -€2 | -73.3% |
| Recurring financial income | 75 | €3 | €1 | -€2 | -73.3% |
| Financial charges | 65/66B | €1,629 | €1,275 | -€354 | -21.7% |
| Recurring financial charges | 65 | €1,629 | €1,275 | -€354 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | €2,013 | -€3,221 | -€5,234 | |
| Income taxes | 67/77 | €811 | €141 | -€670 | -82.6% |
| Profit (loss) for the period | 9904 | €1,202 | -€3,362 | -€4,564 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,202 | -€3,362 | -€4,564 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.