NOVA E.T: what changed
NOVA E.T
Largest movements
- Receivables after one year +€17,735
up €17,735 (+28.4%), from €62,547 to €80,282
- Deferred charges and accrued income +€5,328
up €5,328 (+376%), from €1,418 to €6,747
- Receivables within one year +€5,244
up €5,244 (+30.7%), from €17,080 to €22,324
of which Trade receivables: +€12,148
- Tangible fixed assets -€2,242
down €2,242 (-49.7%), from €4,507 to €2,265
of which Plant, machinery and equipment: -€3,293
- Cash +€2,072
new in 2024: €2,072
mainly Net result for the year (+€58,376) and Tax, wage and social debts (+€6,877)
- Profit (loss) carried forward +€58,376
up €58,376, from -€45,442 to €12,935
- Trade debts -€32,112
down €32,112 (-72.2%), from €44,457 to €12,345
- Tax, wage and social debts +€6,877
up €6,877 (+39.8%), from €17,294 to €24,171
- Short-term financial debts -€5,004
down €5,004 (-100%), from €5,004 to €0
- Gross operating margin +€69,560
up €69,560 (+251%), from €27,761 to €97,321
- Financial charges +€20,008
up €20,008 (+1,652%), from €1,211 to €21,219
- Taxes +€13,493
new in 2024: €13,493
- Financial income +€3,976
up €3,976 (+294%), from €1,353 to €5,329
- Other operating charges +€3,270
up €3,270 (+64.7%), from €5,055 to €8,325
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €85,553 | €113,690 | +€28,137 | +32.9% |
| Fixed assets | 21/28 | €4,507 | €2,265 | -€2,242 | -49.7% |
| Tangible fixed assets | 22/27 | €4,507 | €2,265 | -€2,242 | -49.7% |
| Plant, machinery and equipment | 23 | €3,293 | €0 | -€3,293 | -100% |
| Furniture and vehicles | 24 | €1,215 | €1,510 | +€296 | +24.3% |
| Other tangible fixed assets | 26 | - | €755 | +€755 | |
| Current assets | 29/58 | €81,046 | €111,425 | +€30,379 | +37.5% |
| Amounts receivable after more than one year | 29 | €62,547 | €80,282 | +€17,735 | +28.4% |
| Other amounts receivable | 291 | €62,547 | €80,282 | +€17,735 | +28.4% |
| Amounts receivable within one year | 40/41 | €17,080 | €22,324 | +€5,244 | +30.7% |
| Trade receivables | 40 | €7,852 | €20,000 | +€12,148 | +155% |
| Other amounts receivable | 41 | €9,228 | €2,324 | -€6,904 | -74.8% |
| Cash at bank and in hand | 54/58 | - | €2,072 | +€2,072 | |
| Deferred charges and accrued income | 490/1 | €1,418 | €6,747 | +€5,328 | +376% |
| Total equity and liabilities | 10/49 | €85,553 | €113,690 | +€28,137 | +32.9% |
| Equity | 10/15 | €18,798 | €77,174 | +€58,376 | +311% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €14,240 | €14,240 | = | 0.0% |
| Distributable reserves | 133 | €14,240 | €14,240 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,442 | €12,935 | +€58,376 | |
| Amounts payable | 17/49 | €66,755 | €36,516 | -€30,239 | -45.3% |
| Amounts payable within one year | 42/48 | €66,755 | €36,516 | -€30,239 | -45.3% |
| Financial debts | 43 | €5,004 | €0 | -€5,004 | -100% |
| Credit institutions | 430/8 | €5,004 | €0 | -€5,004 | -100% |
| Trade debts | 44 | €44,457 | €12,345 | -€32,112 | -72.2% |
| Suppliers | 440/4 | €44,457 | €12,345 | -€32,112 | -72.2% |
| Taxes, remuneration and social security | 45 | €17,294 | €24,171 | +€6,877 | +39.8% |
| Taxes | 450/3 | €17,294 | €24,171 | +€6,877 | +39.8% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,318 | €630 | -€688 | -52.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €5,055 | €8,325 | +€3,270 | +64.7% |
| Non-recurring operating charges | 66A | - | €607 | +€607 | |
| Gross operating margin | 9900 | €27,761 | €97,321 | +€69,560 | +251% |
| Operating profit (loss) | 9901 | €21,388 | €87,759 | +€66,371 | +310% |
| Financial income | 75/76B | €1,353 | €5,329 | +€3,976 | +294% |
| Recurring financial income | 75 | €1,353 | €5,329 | +€3,976 | +294% |
| Financial charges | 65/66B | €1,211 | €21,219 | +€20,008 | +1,652% |
| Recurring financial charges | 65 | €1,211 | €21,219 | +€20,008 | +1,652% |
| Profit (loss) for the period before taxes | 9903 | €21,530 | €71,869 | +€50,339 | +234% |
| Income taxes | 67/77 | - | €13,493 | +€13,493 | |
| Profit (loss) for the period | 9904 | €21,530 | €58,376 | +€36,847 | +171% |
| Profit (loss) for the period to be appropriated | 9905 | €21,530 | €58,376 | +€36,847 | +171% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.