Nova Fin: 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 Fin
Largest movements
- Current investments +€1.6m
up €1.6m (+3.4%), from €46.7m to €48.3m
- Profit (loss) carried forward +€785,991
up €785,991 (+17.0%), from €4.6m to €5.4m
- Financial income -€3.4m
down €3.4m (-49.6%), from €6.8m to €3.5m
- Financial charges -€2.4m
down €2.4m (-65.8%), from €3.6m to €1.2m
of which Financial charges: -€3.3m
- Taxes +€524,688
new in 2025: €524,688
- Other operating charges +€47,318
up €47,318 (+7.5%), from €630,520 to €677,838
- Gross operating margin -€40,826
down €40,826 (-21.9%), from -€186,448 to -€227,273
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 | €54,781,427 | €56,113,962 | +€1.3m | +2.4% |
| Fixed assets | 21/28 | €7,510,000 | €7,000,000 | -€510,000 | -6.8% |
| Financial fixed assets | 28 | €7,510,000 | €7,000,000 | -€510,000 | -6.8% |
| Current assets | 29/58 | €47,271,427 | €49,113,962 | +€1.8m | +3.9% |
| Amounts receivable within one year | 40/41 | - | €5,105 | +€5,105 | |
| Trade receivables | 40 | - | €5,105 | +€5,105 | |
| Current investments | 50/53 | €46,667,011 | €48,255,693 | +€1.6m | +3.4% |
| Cash at bank and in hand | 54/58 | €604,220 | €853,015 | +€248,796 | +41.2% |
| Deferred charges and accrued income | 490/1 | €197 | €150 | -€47 | -24.1% |
| Total equity and liabilities | 10/49 | €54,781,427 | €56,113,962 | +€1.3m | +2.4% |
| Equity | 10/15 | €54,629,274 | €55,415,265 | +€785,991 | +1.4% |
| Contributions | 10/11 | €50,000,000 | €50,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,629,274 | €5,415,265 | +€785,991 | +17.0% |
| Amounts payable | 17/49 | €152,154 | €698,698 | +€546,544 | +359% |
| Amounts payable within one year | 42/48 | €152,154 | €698,698 | +€546,544 | +359% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €144,505 | €174,010 | +€29,505 | +20.4% |
| Suppliers | 440/4 | €144,505 | €174,010 | +€29,505 | +20.4% |
| Taxes, remuneration and social security | 45 | €7,649 | €524,688 | +€517,039 | +6,760% |
| Taxes | 450/3 | €7,649 | €524,688 | +€517,039 | +6,760% |
| Other operating charges | 640/8 | €630,520 | €677,838 | +€47,318 | +7.5% |
| Gross operating margin | 9900 | -€186,448 | -€227,273 | -€40,826 | -21.9% |
| Operating profit (loss) | 9901 | -€816,967 | -€905,111 | -€88,144 | -10.8% |
| Financial income | 75/76B | €6,840,795 | €3,450,589 | -€3.4m | -49.6% |
| Recurring financial income | 75 | €6,840,795 | €3,450,589 | -€3.4m | -49.6% |
| Financial charges | 65/66B | €3,605,993 | €1,234,799 | -€2.4m | -65.8% |
| Recurring financial charges | 65 | €1,815,993 | -€1,525,201 | -€3.3m | |
| Non-recurring financial charges | 66B | €1,790,000 | €2,760,000 | +€970,000 | +54.2% |
| Profit (loss) for the period before taxes | 9903 | €2,417,835 | €1,310,679 | -€1.1m | -45.8% |
| Income taxes | 67/77 | - | €524,688 | +€524,688 | |
| Profit (loss) for the period | 9904 | €2,417,835 | €785,991 | -€1.6m | -67.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,417,835 | €785,991 | -€1.6m | -67.5% |
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 16 October 2026 via checked.be.