NOVA Q: 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 Q
Largest movements
- Cash -€7,955
down €7,955 (-69.3%), from €11,479 to €3,524
mainly Investment in fixed assets (net) (-€18,560) and Net result for the year (-€10,273)
- Tangible fixed assets +€3,238
up €3,238 (+11.2%), from €28,914 to €32,152
of which Land and buildings: +€9,250
- Deferred charges and accrued income -€1,836
down €1,836 (-100.0%), from €1,836 to €0
- Profit (loss) carried forward -€10,273
down €10,273 (-86.2%), from €11,918 to €1,645
- Other debts +€6,145
up €6,145 (+399.3%), from €1,539 to €7,683
- Accrued charges and deferred income -€1,815
down €1,815 (-100.0%), from €1,815 to €0
- Trade debts -€472
down €472 (-10.3%), from €4,593 to €4,122
- Gross operating margin -€25,624
down €25,624 (-78.9%), from €32,491 to €6,867
- Staff costs -€14,799
down €14,799 (-100.0%), from €14,799 to €0
- Taxes +€3,408
up €3,408, from -€3,408 to €0
- Depreciation -€2,284
down €2,284 (-13.0%), from €17,607 to €15,322
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 | €45,417 | €39,002 | -€6,415 | -14.1% |
| Fixed assets | 21/28 | €28,914 | €32,152 | +€3,238 | +11.2% |
| Tangible fixed assets | 22/27 | €28,914 | €32,152 | +€3,238 | +11.2% |
| Land and buildings | 22 | - | €9,250 | +€9,250 | |
| Plant, machinery and equipment | 23 | €19,847 | €19,835 | -€12 | -0.1% |
| Furniture and vehicles | 24 | €9,067 | €3,067 | -€6,000 | -66.2% |
| Current assets | 29/58 | €16,503 | €6,850 | -€9,653 | -58.5% |
| Amounts receivable within one year | 40/41 | €3,188 | €3,326 | +€138 | +4.3% |
| Trade receivables | 40 | €688 | €3,326 | +€2,638 | +383.7% |
| Other amounts receivable | 41 | €2,500 | €0 | -€2,500 | -100.0% |
| Cash at bank and in hand | 54/58 | €11,479 | €3,524 | -€7,955 | -69.3% |
| Deferred charges and accrued income | 490/1 | €1,836 | €0 | -€1,836 | -100.0% |
| Total equity and liabilities | 10/49 | €45,417 | €39,002 | -€6,415 | -14.1% |
| Equity | 10/15 | €37,470 | €27,197 | -€10,273 | -27.4% |
| Reserves | 13 | €25,552 | €25,552 | = | 0.0% |
| Distributable reserves | 133 | €25,552 | €25,552 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,918 | €1,645 | -€10,273 | -86.2% |
| Amounts payable | 17/49 | €7,947 | €11,805 | +€3,858 | +48.6% |
| Amounts payable within one year | 42/48 | €6,132 | €11,805 | +€5,673 | +92.5% |
| Trade debts | 44 | €4,593 | €4,122 | -€472 | -10.3% |
| Suppliers | 440/4 | €4,593 | €4,122 | -€472 | -10.3% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,539 | €7,683 | +€6,145 | +399.3% |
| Accrued charges and deferred income | 492/3 | €1,815 | €0 | -€1,815 | -100.0% |
| Remuneration, social security and pensions | 62 | €14,799 | €0 | -€14,799 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,607 | €15,322 | -€2,284 | -13.0% |
| Other operating charges | 640/8 | €1,698 | €1,724 | +€26 | +1.5% |
| Gross operating margin | 9900 | €32,491 | €6,867 | -€25,624 | -78.9% |
| Operating profit (loss) | 9901 | -€1,614 | -€10,180 | -€8,566 | -530.9% |
| Financial income | 75/76B | €0 | €28 | +€28 | +91700.0% |
| Recurring financial income | 75 | €0 | €28 | +€28 | +91700.0% |
| Financial charges | 65/66B | €48 | €121 | +€73 | +152.6% |
| Recurring financial charges | 65 | €48 | €121 | +€73 | +152.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,662 | -€10,273 | -€8,612 | -518.3% |
| Income taxes | 67/77 | -€3,408 | €0 | +€3,408 | |
| Profit (loss) for the period | 9904 | €1,747 | -€10,273 | -€12,020 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,747 | -€10,273 | -€12,020 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.