NOVA DESIGN: 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 DESIGN
Largest movements
- Tangible fixed assets -€33,175
down €33,175 (-21.4%), from €155,366 to €122,190
- Receivables within one year +€20,779
up €20,779 (+2.3%), from €897,551 to €918,331
of which Other amounts receivable: +€117,998
- Cash -€16,293
down €16,293 (-19.8%), from €82,434 to €66,141
mainly Advances received (-€135,225) and Net result for the year (-€37,939)
- Advances received -€135,225
down €135,225 (-63.1%), from €214,377 to €79,153
- Trade debts +€106,102
up €106,102 (+35.1%), from €302,601 to €408,702
- Profit (loss) carried forward -€39,125
down €39,125 (-6.3%), from €618,739 to €579,614
- Other debts +€27,000
up €27,000 (+217.9%), from €12,389 to €39,389
- Gross operating margin -€86,006
down €86,006 (-28.0%), from €306,624 to €220,618
- Staff costs +€18,614
up €18,614 (+11.8%), from €157,363 to €175,977
- Financial income +€11,080
up €11,080 (+310351.8%), from €4 to €11,083
- Depreciation +€6,510
up €6,510 (+14.0%), from €46,392 to €52,902
- Taxes -€5,265
down €5,265 (-18.5%), from €28,410 to €23,144
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 | €1,256,468 | €1,228,868 | -€27,600 | -2.2% |
| Fixed assets | 21/28 | €205,366 | €162,190 | -€43,175 | -21.0% |
| Intangible fixed assets | 21 | €50,000 | €40,000 | -€10,000 | -20.0% |
| Tangible fixed assets | 22/27 | €155,366 | €122,190 | -€33,175 | -21.4% |
| Plant, machinery and equipment | 23 | €1,590 | €795 | -€795 | -50.0% |
| Furniture and vehicles | 24 | €66,825 | €50,903 | -€15,922 | -23.8% |
| Leasing and similar rights | 25 | €41,400 | €32,200 | -€9,200 | -22.2% |
| Other tangible fixed assets | 26 | €45,551 | €38,292 | -€7,259 | -15.9% |
| Current assets | 29/58 | €1,051,102 | €1,066,678 | +€15,576 | +1.5% |
| Stocks and contracts in progress | 3 | €67,500 | €67,500 | = | 0.0% |
| Stocks | 30/36 | €67,500 | €67,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €897,551 | €918,331 | +€20,779 | +2.3% |
| Trade receivables | 40 | €143,087 | €45,868 | -€97,219 | -67.9% |
| Other amounts receivable | 41 | €754,464 | €872,463 | +€117,998 | +15.6% |
| Cash at bank and in hand | 54/58 | €82,434 | €66,141 | -€16,293 | -19.8% |
| Deferred charges and accrued income | 490/1 | €3,617 | €14,706 | +€11,089 | +306.6% |
| Total equity and liabilities | 10/49 | €1,256,468 | €1,228,868 | -€27,600 | -2.2% |
| Equity | 10/15 | €648,739 | €609,614 | -€39,125 | -6.0% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Outside capital | 11 | €30,000 | €30,000 | = | 0.0% |
| Other | 1109/19 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €618,739 | €579,614 | -€39,125 | -6.3% |
| Amounts payable | 17/49 | €607,729 | €619,254 | +€11,525 | +1.9% |
| Amounts payable after more than one year | 17 | €33,675 | €25,033 | -€8,641 | -25.7% |
| Financial debts | 170/4 | €33,675 | €25,033 | -€8,641 | -25.7% |
| Amounts payable within one year | 42/48 | €574,054 | €594,221 | +€20,167 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €8,300 | €18,740 | +€10,440 | +125.8% |
| Trade debts | 44 | €302,601 | €408,702 | +€106,102 | +35.1% |
| Suppliers | 440/4 | €302,601 | €408,702 | +€106,102 | +35.1% |
| Advances received on contracts in progress | 46 | €214,377 | €79,153 | -€135,225 | -63.1% |
| Taxes, remuneration and social security | 45 | €36,388 | €48,237 | +€11,850 | +32.6% |
| Taxes | 450/3 | €20,716 | €13,796 | -€6,920 | -33.4% |
| Remuneration and social security | 454/9 | €15,672 | €34,441 | +€18,769 | +119.8% |
| Other amounts payable | 47/48 | €12,389 | €39,389 | +€27,000 | +217.9% |
| Non-recurring operating income | 76A | €70,618 | €363 | -€70,255 | -99.5% |
| Remuneration, social security and pensions | 62 | €157,363 | €175,977 | +€18,614 | +11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,392 | €52,902 | +€6,510 | +14.0% |
| Other operating charges | 640/8 | €12,508 | €15,088 | +€2,580 | +20.6% |
| Gross operating margin | 9900 | €306,624 | €220,618 | -€86,006 | -28.0% |
| Operating profit (loss) | 9901 | €90,361 | -€23,350 | -€113,710 | |
| Financial income | 75/76B | €4 | €11,083 | +€11,080 | +310351.8% |
| Recurring financial income | 75 | €4 | €11,083 | +€11,080 | +310351.8% |
| Financial charges | 65/66B | €3,030 | €2,529 | -€502 | -16.6% |
| Recurring financial charges | 65 | €3,030 | €2,529 | -€502 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €87,334 | -€14,795 | -€102,129 | |
| Income taxes | 67/77 | €28,410 | €23,144 | -€5,265 | -18.5% |
| Profit (loss) for the period | 9904 | €58,924 | -€37,939 | -€96,863 | |
| Profit (loss) for the period to be appropriated | 9905 | €58,924 | -€37,939 | -€96,863 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.