NOVA MANUS: 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 MANUS
Largest movements
- Tangible fixed assets +€500,524
up €500,524 (+7856.2%), from €6,371 to €506,895
of which Land and buildings: +€502,129
- Receivables within one year +€95,923
up €95,923 (+157.6%), from €60,868 to €156,790
of which Other amounts receivable: +€140,304
- Receivables after one year -€30,000
no longer reported in 2025 (was €30,000)
- Current investments +€12,126
up €12,126 (+73.4%), from €16,528 to €28,654
- Debts after one year +€568,587
new in 2025: €568,587
- Tax, wage and social debts -€19,110
down €19,110 (-87.2%), from €21,921 to €2,811
- Current portion of long-term debt +€18,722
new in 2025: €18,722
- Profit (loss) carried forward +€9,284
up €9,284 (+2194.2%), from €423 to €9,707
- Other operating charges +€62,900
up €62,900 (+1069.6%), from €5,881 to €68,780
- Gross operating margin +€46,421
up €46,421 (+100.1%), from €46,377 to €92,797
- Financial charges +€5,628
up €5,628 (+630.3%), from €893 to €6,521
- Financial income +€3,107
up €3,107 (+292.9%), from €1,061 to €4,168
- Taxes -€2,777
down €2,777 (-28.2%), from €9,848 to €7,071
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 | €214,849 | €793,926 | +€579,077 | +269.5% |
| Fixed assets | 21/28 | €6,371 | €506,895 | +€500,524 | +7856.2% |
| Tangible fixed assets | 22/27 | €6,371 | €506,895 | +€500,524 | +7856.2% |
| Land and buildings | 22 | - | €502,129 | +€502,129 | |
| Furniture and vehicles | 24 | €2,051 | €446 | -€1,605 | -78.3% |
| Other tangible fixed assets | 26 | €4,320 | €4,320 | = | 0.0% |
| Current assets | 29/58 | €208,478 | €287,031 | +€78,553 | +37.7% |
| Amounts receivable after more than one year | 29 | €30,000 | - | -€30,000 | |
| Other amounts receivable | 291 | €30,000 | - | -€30,000 | |
| Amounts receivable within one year | 40/41 | €60,868 | €156,790 | +€95,923 | +157.6% |
| Trade receivables | 40 | €53,425 | €9,044 | -€44,381 | -83.1% |
| Other amounts receivable | 41 | €7,443 | €147,747 | +€140,304 | +1885.0% |
| Current investments | 50/53 | €16,528 | €28,654 | +€12,126 | +73.4% |
| Cash at bank and in hand | 54/58 | €99,135 | €99,106 | -€30 | 0.0% |
| Deferred charges and accrued income | 490/1 | €1,946 | €2,480 | +€534 | +27.4% |
| Total equity and liabilities | 10/49 | €214,849 | €793,926 | +€579,077 | +269.5% |
| Equity | 10/15 | €185,823 | €195,107 | +€9,284 | +5.0% |
| Contributions | 10/11 | €8,900 | €8,900 | = | 0.0% |
| Reserves | 13 | €176,500 | €176,500 | = | 0.0% |
| Distributable reserves | 133 | €176,500 | €176,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €423 | €9,707 | +€9,284 | +2194.2% |
| Amounts payable | 17/49 | €29,026 | €598,819 | +€569,793 | +1963.1% |
| Amounts payable after more than one year | 17 | - | €568,587 | +€568,587 | |
| Financial debts | 170/4 | - | €568,587 | +€568,587 | |
| Amounts payable within one year | 42/48 | €29,026 | €28,499 | -€527 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | - | €18,722 | +€18,722 | |
| Trade debts | 44 | €4,496 | €6,133 | +€1,637 | +36.4% |
| Suppliers | 440/4 | €4,496 | €6,133 | +€1,637 | +36.4% |
| Taxes, remuneration and social security | 45 | €21,921 | €2,811 | -€19,110 | -87.2% |
| Taxes | 450/3 | €21,921 | €2,811 | -€19,110 | -87.2% |
| Other amounts payable | 47/48 | €2,609 | €833 | -€1,776 | -68.1% |
| Accrued charges and deferred income | 492/3 | - | €1,733 | +€1,733 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,706 | €4,476 | +€1,770 | +65.4% |
| Other operating charges | 640/8 | €5,881 | €68,780 | +€62,900 | +1069.6% |
| Gross operating margin | 9900 | €46,377 | €92,797 | +€46,421 | +100.1% |
| Operating profit (loss) | 9901 | €37,790 | €19,541 | -€18,249 | -48.3% |
| Financial income | 75/76B | €1,061 | €4,168 | +€3,107 | +292.9% |
| Recurring financial income | 75 | €1,061 | €4,168 | +€3,107 | +292.9% |
| Financial charges | 65/66B | €893 | €6,521 | +€5,628 | +630.3% |
| Recurring financial charges | 65 | €893 | €6,521 | +€5,628 | +630.3% |
| Profit (loss) for the period before taxes | 9903 | €37,958 | €17,187 | -€20,770 | -54.7% |
| Income taxes | 67/77 | €9,848 | €7,071 | -€2,777 | -28.2% |
| Profit (loss) for the period | 9904 | €28,110 | €10,117 | -€17,993 | -64.0% |
| Profit (loss) for the period to be appropriated | 9905 | €28,110 | €10,117 | -€17,993 | -64.0% |
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 4 October 2026 via checked.be.