NOVA MOTOR: 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 MOTOR
Largest movements
- Stocks and contracts +€37,034
up €37,034 (+19.8%), from €187,437 to €224,471
- Receivables within one year +€36,281
up €36,281 (+70.8%), from €51,218 to €87,499
of which Trade receivables: +€31,159
- Cash +€26,798
up €26,798 (+37.7%), from €70,995 to €97,793
mainly Short-term financial debts (+€74,999) and Debts after one year (+€37,425)
- Short-term financial debts +€74,999
up €74,999 (+1359.0%), from €5,519 to €80,517
- Debts after one year +€37,425
up €37,425 (+83.2%), from €45,000 to €82,425
of which Other amounts payable: +€45,000
- Reserves -€32,033
down €32,033 (-20.9%), from €153,023 to €120,990
- Other debts +€31,656
up €31,656 (+69.3%), from €45,696 to €77,352
- Trade debts -€27,710
down €27,710 (-33.9%), from €81,801 to €54,091
- Staff costs +€54,814
up €54,814 (+26.9%), from €203,660 to €258,474
- Gross operating margin +€20,447
up €20,447 (+7.3%), from €278,872 to €299,319
- Financial charges +€7,864
up €7,864 (+197.0%), from €3,991 to €11,854
- Taxes -€6,505
down €6,505 (-78.4%), from €8,294 to €1,789
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 | €383,841 | €486,952 | +€103,111 | +26.9% |
| Fixed assets | 21/28 | €65,766 | €70,050 | +€4,284 | +6.5% |
| Tangible fixed assets | 22/27 | €65,766 | €70,050 | +€4,284 | +6.5% |
| Land and buildings | 22 | €20,954 | €17,151 | -€3,804 | -18.2% |
| Plant, machinery and equipment | 23 | €33,287 | €29,812 | -€3,475 | -10.4% |
| Furniture and vehicles | 24 | €11,525 | €23,087 | +€11,563 | +100.3% |
| Current assets | 29/58 | €318,075 | €416,902 | +€98,827 | +31.1% |
| Stocks and contracts in progress | 3 | €187,437 | €224,471 | +€37,034 | +19.8% |
| Stocks | 30/36 | €187,437 | €224,471 | +€37,034 | +19.8% |
| Amounts receivable within one year | 40/41 | €51,218 | €87,499 | +€36,281 | +70.8% |
| Trade receivables | 40 | €48,129 | €79,288 | +€31,159 | +64.7% |
| Other amounts receivable | 41 | €3,089 | €8,211 | +€5,122 | +165.8% |
| Cash at bank and in hand | 54/58 | €70,995 | €97,793 | +€26,798 | +37.7% |
| Deferred charges and accrued income | 490/1 | €8,425 | €7,140 | -€1,285 | -15.3% |
| Total equity and liabilities | 10/49 | €383,841 | €486,952 | +€103,111 | +26.9% |
| Equity | 10/15 | €165,423 | €133,390 | -€32,033 | -19.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €153,023 | €120,990 | -€32,033 | -20.9% |
| Distributable reserves | 133 | €153,023 | €120,990 | -€32,033 | -20.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €218,418 | €353,563 | +€135,144 | +61.9% |
| Amounts payable after more than one year | 17 | €45,000 | €82,425 | +€37,425 | +83.2% |
| Financial debts | 170/4 | €45,000 | €37,425 | -€7,575 | -16.8% |
| Other amounts payable | 178/9 | - | €45,000 | +€45,000 | |
| Amounts payable within one year | 42/48 | €173,418 | €271,137 | +€97,719 | +56.3% |
| Current portion of amounts payable after more than one year | 42 | €749 | €10,778 | +€10,028 | +1338.5% |
| Financial debts | 43 | €5,519 | €80,517 | +€74,999 | +1359.0% |
| Credit institutions | 430/8 | €5,519 | €80,517 | +€74,999 | +1359.0% |
| Trade debts | 44 | €81,801 | €54,091 | -€27,710 | -33.9% |
| Suppliers | 440/4 | €81,801 | €54,091 | -€27,710 | -33.9% |
| Taxes, remuneration and social security | 45 | €39,653 | €48,399 | +€8,746 | +22.1% |
| Taxes | 450/3 | €13,231 | €17,437 | +€4,205 | +31.8% |
| Remuneration and social security | 454/9 | €26,422 | €30,962 | +€4,541 | +17.2% |
| Other amounts payable | 47/48 | €45,696 | €77,352 | +€31,656 | +69.3% |
| Remuneration, social security and pensions | 62 | €203,660 | €258,474 | +€54,814 | +26.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,276 | €22,792 | -€2,484 | -9.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€880 | €0 | +€880 | |
| Other operating charges | 640/8 | €2,427 | €2,555 | +€128 | +5.3% |
| Non-recurring operating charges | 66A | €16,216 | €0 | -€16,216 | -100.0% |
| Gross operating margin | 9900 | €278,872 | €299,319 | +€20,447 | +7.3% |
| Operating profit (loss) | 9901 | €32,173 | €15,499 | -€16,674 | -51.8% |
| Financial income | 75/76B | €168 | €196 | +€28 | +16.4% |
| Recurring financial income | 75 | €168 | €196 | +€28 | +16.4% |
| Financial charges | 65/66B | €3,991 | €11,854 | +€7,864 | +197.0% |
| Recurring financial charges | 65 | €3,991 | €11,854 | +€7,864 | +197.0% |
| Profit (loss) for the period before taxes | 9903 | €28,350 | €3,840 | -€24,510 | -86.5% |
| Income taxes | 67/77 | €8,294 | €1,789 | -€6,505 | -78.4% |
| Profit (loss) for the period | 9904 | €20,056 | €2,051 | -€18,005 | -89.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,056 | €2,051 | -€18,005 | -89.8% |
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 5 October 2026 via checked.be.