NOVA FIDES: 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 FIDES
Largest movements
- Cash +€187,929
up €187,929 (+73.4%), from €256,190 to €444,118
mainly Net result for the year (+€170,122) and Depreciation (+€18,870)
- Tangible fixed assets -€18,870
down €18,870 (-28.7%), from €65,714 to €46,843
of which Furniture and vehicles: -€18,389
- Reserves +€170,122
up €170,122 (+37.8%), from €450,252 to €620,373
- Gross operating margin +€10,481
up €10,481 (+4.6%), from €226,620 to €237,101
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 | €603,373 | €770,850 | +€167,477 | +27.8% |
| Fixed assets | 21/28 | €65,714 | €46,843 | -€18,870 | -28.7% |
| Tangible fixed assets | 22/27 | €65,714 | €46,843 | -€18,870 | -28.7% |
| Plant, machinery and equipment | 23 | €4,004 | €3,522 | -€482 | -12.0% |
| Furniture and vehicles | 24 | €61,710 | €43,321 | -€18,389 | -29.8% |
| Current assets | 29/58 | €537,659 | €724,006 | +€186,347 | +34.7% |
| Amounts receivable within one year | 40/41 | €3,542 | €3,806 | +€264 | +7.4% |
| Trade receivables | 40 | €1,804 | €2,068 | +€264 | +14.6% |
| Other amounts receivable | 41 | €1,738 | €1,738 | = | 0.0% |
| Current investments | 50/53 | €275,000 | €275,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €256,190 | €444,118 | +€187,929 | +73.4% |
| Deferred charges and accrued income | 490/1 | €2,927 | €1,082 | -€1,845 | -63.0% |
| Total equity and liabilities | 10/49 | €603,373 | €770,850 | +€167,477 | +27.8% |
| Equity | 10/15 | €456,752 | €626,873 | +€170,122 | +37.2% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €450,252 | €620,373 | +€170,122 | +37.8% |
| Distributable reserves | 133 | €450,252 | €620,373 | +€170,122 | +37.8% |
| Amounts payable | 17/49 | €146,622 | €143,977 | -€2,645 | -1.8% |
| Amounts payable within one year | 42/48 | €146,556 | €143,670 | -€2,886 | -2.0% |
| Trade debts | 44 | €30 | €440 | +€410 | +1,378% |
| Suppliers | 440/4 | €30 | €440 | +€410 | +1,378% |
| Taxes, remuneration and social security | 45 | €9,203 | €2,248 | -€6,955 | -75.6% |
| Taxes | 450/3 | €9,203 | €2,248 | -€6,955 | -75.6% |
| Other amounts payable | 47/48 | €137,323 | €140,982 | +€3,659 | +2.7% |
| Accrued charges and deferred income | 492/3 | €66 | €307 | +€241 | +366% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,870 | €18,870 | -€0 | 0.0% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €226,620 | €237,101 | +€10,481 | +4.6% |
| Operating profit (loss) | 9901 | €207,244 | €217,711 | +€10,467 | +5.1% |
| Financial income | 75/76B | €6,463 | €5,757 | -€706 | -10.9% |
| Recurring financial income | 75 | €6,463 | €5,757 | -€706 | -10.9% |
| Financial charges | 65/66B | €526 | €947 | +€421 | +80.1% |
| Recurring financial charges | 65 | €526 | €947 | +€421 | +80.1% |
| Profit (loss) for the period before taxes | 9903 | €213,181 | €222,521 | +€9,340 | +4.4% |
| Income taxes | 67/77 | €50,200 | €52,400 | +€2,199 | +4.4% |
| Profit (loss) for the period | 9904 | €162,981 | €170,122 | +€7,140 | +4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €162,981 | €170,122 | +€7,140 | +4.4% |
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 17 October 2026 via checked.be.