Nova LaGa: 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.
What changed
Nova LaGa
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€173,746
2024 · €184,842-€11,096
Equity
€276,565
2024 · €376,466-€99,901
Cash
€10,176
2024 · €2,268+€7,908
Balance sheet total
€1.3m
2024 · €1.4m-€161,915
Largest movements
Assets
- Receivables after one year -€100,002
down €100,002 (-71.4%), from €140,002 to €40,000
- Receivables within one year -€35,728
down €35,728 (-36.9%), from €96,829 to €61,102
of which Trade receivables: -€46,734
- Tangible fixed assets -€33,064
down €33,064 (-2.8%), from €1.2m to €1.1m
of which Land and buildings: -€30,954
Equity and liabilities
- Reserves -€99,901
down €99,901 (-27.9%), from €357,866 to €257,965
of which Distributable reserves: -€99,901
- Debts after one year -€62,010
down €62,010 (-6.6%), from €938,577 to €876,567
of which Financial debts: -€65,310
Income statement
- Gross operating margin -€14,004
down €14,004 (-4.4%), from €321,868 to €307,865
- Taxes -€4,440
down €4,440 (-6.9%), from €63,975 to €59,536
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.
Result 2024
€184,842
Gross operating margin
-€14,004
Depreciation
+€272
Other operating charges
-€2,834
Financial income
+€2,008
Financial charges
-€979
Taxes
+€4,440
Result 2025
€173,746
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.
From operations
+€347,263
Investment
-€3,950
Financing
-€335,405
Cash 2024
€2,268
From operations (derived)
+€347,263
Net result for the year
+€173,746
Depreciation
+€37,014
Receivables after one year
+€100,002
Receivables within one year
+€35,728
Deferred charges and accrued income
+€1,030
Trade debts
-€7,057
Tax, wage and social debts
-€4,077
Other debts
+€10,879
Accrued charges and deferred income
-€0
Investment (derived)
-€3,950
Investment in fixed assets (net)
-€3,950
Financing
-€335,405
Debts after one year
-€62,010
Current portion of long-term debt
+€2,021
Short-term financial debts
-€1,770
Contributions, distributions and other
-€273,647
Cash 2025
€10,176
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,432,942 | €1,271,027 | -€161,915 | -11.3% |
| Fixed assets | 21/28 | €1,182,126 | €1,149,062 | -€33,064 | -2.8% |
| Tangible fixed assets | 22/27 | €1,181,896 | €1,148,832 | -€33,064 | -2.8% |
| Land and buildings | 22 | €1,150,623 | €1,119,669 | -€30,954 | -2.7% |
| Furniture and vehicles | 24 | €16,494 | €10,434 | -€6,060 | -36.7% |
| Other tangible fixed assets | 26 | €14,779 | €18,729 | +€3,950 | +26.7% |
| Financial fixed assets | 28 | €230 | €230 | = | 0.0% |
| Current assets | 29/58 | €250,816 | €121,965 | -€128,851 | -51.4% |
| Amounts receivable after more than one year | 29 | €140,002 | €40,000 | -€100,002 | -71.4% |
| Other amounts receivable | 291 | €140,002 | €40,000 | -€100,002 | -71.4% |
| Amounts receivable within one year | 40/41 | €96,829 | €61,102 | -€35,728 | -36.9% |
| Trade receivables | 40 | €95,371 | €48,637 | -€46,734 | -49.0% |
| Other amounts receivable | 41 | €1,458 | €12,465 | +€11,007 | +755.0% |
| Cash at bank and in hand | 54/58 | €2,268 | €10,176 | +€7,908 | +348.6% |
| Deferred charges and accrued income | 490/1 | €11,717 | €10,687 | -€1,030 | -8.8% |
| Total equity and liabilities | 10/49 | €1,432,942 | €1,271,027 | -€161,915 | -11.3% |
| Equity | 10/15 | €376,466 | €276,565 | -€99,901 | -26.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €357,866 | €257,965 | -€99,901 | -27.9% |
| Tax-exempt reserves | 132 | €84,200 | €84,200 | = | 0.0% |
| Distributable reserves | 133 | €273,666 | €173,765 | -€99,901 | -36.5% |
| Amounts payable | 17/49 | €1,056,475 | €994,462 | -€62,014 | -5.9% |
| Amounts payable after more than one year | 17 | €938,577 | €876,567 | -€62,010 | -6.6% |
| Financial debts | 170/4 | €933,327 | €868,017 | -€65,310 | -7.0% |
| Other amounts payable | 178/9 | €5,250 | €8,550 | +€3,300 | +62.9% |
| Amounts payable within one year | 42/48 | €115,406 | €115,403 | -€4 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €63,288 | €65,310 | +€2,021 | +3.2% |
| Financial debts | 43 | €1,770 | - | -€1,770 | |
| Credit institutions | 430/8 | €1,770 | - | -€1,770 | |
| Trade debts | 44 | €21,606 | €14,549 | -€7,057 | -32.7% |
| Suppliers | 440/4 | €21,606 | €14,549 | -€7,057 | -32.7% |
| Taxes, remuneration and social security | 45 | €28,742 | €24,665 | -€4,077 | -14.2% |
| Taxes | 450/3 | €22,924 | €21,771 | -€1,153 | -5.0% |
| Remuneration and social security | 454/9 | €5,818 | €2,894 | -€2,924 | -50.3% |
| Other amounts payable | 47/48 | - | €10,879 | +€10,879 | |
| Accrued charges and deferred income | 492/3 | €2,492 | €2,492 | -€0 | 0.0% |
| Non-recurring operating income | 76A | €3,344 | - | -€3,344 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,286 | €37,014 | -€272 | -0.7% |
| Other operating charges | 640/8 | €4,842 | €7,676 | +€2,834 | +58.5% |
| Gross operating margin | 9900 | €321,868 | €307,865 | -€14,004 | -4.4% |
| Operating profit (loss) | 9901 | €279,740 | €263,175 | -€16,566 | -5.9% |
| Financial income | 75/76B | €5,306 | €7,315 | +€2,008 | +37.9% |
| Recurring financial income | 75 | €5,306 | €7,315 | +€2,008 | +37.9% |
| Financial charges | 65/66B | €36,229 | €37,208 | +€979 | +2.7% |
| Recurring financial charges | 65 | €36,229 | €37,208 | +€979 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €248,817 | €233,281 | -€15,536 | -6.2% |
| Income taxes | 67/77 | €63,975 | €59,536 | -€4,440 | -6.9% |
| Profit (loss) for the period | 9904 | €184,842 | €173,746 | -€11,096 | -6.0% |
| Transfer to tax-exempt reserves | 689 | €15,743 | - | -€15,743 | |
| Profit (loss) for the period to be appropriated | 9905 | €169,099 | €173,746 | +€4,647 | +2.7% |
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 8 October 2026 via checked.be.