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Nova Structura: 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 Structura

BE 0477.844.467
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€273
2024 · -€16,626+€16,899
Equity
€212,335
2024 · €213,230-€894
Cash
€7,069
2024 · €6,651+€417
Balance sheet total
€226,517
2024 · €221,738+€4,779

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€4,361

    up €4,361 (+2.0%), from €213,495 to €217,856

Equity and liabilities
  • Other debts +€4,602

    up €4,602 (+73.3%), from €6,280 to €10,882

Income statement
  • Gross operating margin +€18,642

    up €18,642 (+840.8%), from €2,217 to €20,860

  • Other operating charges +€8,686

    up €8,686 (+427.1%), from €2,034 to €10,720

  • Write-downs -€8,464

    new in 2025: -€8,464

  • Depreciation +€1,163

    up €1,163 (+6.9%), from €16,923 to €18,086

  • Financial income -€332

    down €332 (-96.0%), from €346 to €14

From the 2024 result to the 2025 result

effect on the 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 -€16,626
Gross operating margin +€18,642
Depreciation -€1,163
Write-downs +€8,464
Other operating charges -€8,686
Financial income -€332
Financial charges -€26
Taxes -€1
Result 2025 €273

Cash bridge derived

cash 2024 to 2025

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 +€24,041
Investment -€22,447
Financing -€1,177
Cash 2024 €6,651
Net result for the year +€273
Depreciation +€18,086
Smaller working-capital items -€1
Trade debts +€680
Other debts +€4,602
Accrued charges and deferred income +€400
Investment in fixed assets (net) -€22,447
Short-term financial debts -€9
Contributions, distributions and other -€1,167
Cash 2025 €7,069
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €221,738 €226,517 +€4,779 +2.2%
Fixed assets 21/28 €213,495 €217,856 +€4,361 +2.0%
Tangible fixed assets 22/27 €213,495 €217,856 +€4,361 +2.0%
Land and buildings 22 €213,495 €217,856 +€4,361 +2.0%
Current assets 29/58 €8,243 €8,661 +€418 +5.1%
Amounts receivable within one year 40/41 €63 €17 -€47 -73.7%
Other amounts receivable 41 €63 €17 -€47 -73.7%
Cash at bank and in hand 54/58 €6,651 €7,069 +€417 +6.3%
Deferred charges and accrued income 490/1 €1,529 €1,576 +€47 +3.1%
Total equity and liabilities 10/49 €221,738 €226,517 +€4,779 +2.2%
Equity 10/15 €213,230 €212,335 -€894 -0.4%
Contributions 10/11 €12,400 €12,400 = 0.0%
Reserves 13 €186,083 €186,083 = 0.0%
Non-distributable reserves 130/1 €0 - =
Reserves not available under the articles 1311 €0 - =
Tax-exempt reserves 132 €15,000 €15,000 = 0.0%
Distributable reserves 133 €171,083 €171,083 = 0.0%
Profit (loss) carried forward 14 €14,746 €13,852 -€894 -6.1%
Amounts payable 17/49 €8,509 €14,182 +€5,673 +66.7%
Amounts payable within one year 42/48 €8,509 €13,781 +€5,273 +62.0%
Financial debts 43 €9 €0 -€9 -100.0%
Credit institutions 430/8 €9 €0 -€9 -100.0%
Trade debts 44 €2,219 €2,899 +€680 +30.6%
Suppliers 440/4 €2,219 €2,899 +€680 +30.6%
Other amounts payable 47/48 €6,280 €10,882 +€4,602 +73.3%
Accrued charges and deferred income 492/3 €0 €400 +€400
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €16,923 €18,086 +€1,163 +6.9%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) 631/4 - -€8,464 -€8,464
Other operating charges 640/8 €2,034 €10,720 +€8,686 +427.1%
Gross operating margin 9900 €2,217 €20,860 +€18,642 +840.8%
Operating profit (loss) 9901 -€16,740 €518 +€17,258
Financial income 75/76B €346 €14 -€332 -96.0%
Recurring financial income 75 €346 €14 -€332 -96.0%
Financial charges 65/66B €232 €258 +€26 +11.1%
Recurring financial charges 65 €232 €258 +€26 +11.1%
Profit (loss) for the period before taxes 9903 -€16,626 €274 +€16,900
Income taxes 67/77 €0 €1 +€1
Profit (loss) for the period 9904 -€16,626 €273 +€16,899
Profit (loss) for the period to be appropriated 9905 -€16,626 €273 +€16,899

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 30 September 2026 via checked.be.