NOVA VISION: what changed
Two financial 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 VISION
Largest movements
- Current investments +€100,000
new in 2025: €100,000
- Other debts +€442,279
up €442,279 (+777%), from €56,946 to €499,225
- Profit (loss) carried forward -€254,853
down €254,853 (-33.0%), from €771,422 to €516,568
- Debts after one year -€105,846
down €105,846 (-10.8%), from €979,054 to €873,208
- Financial income -€45,375
down €45,375 (-20.0%), from €226,838 to €181,463
- Gross operating margin +€21,703
up €21,703 (+17.8%), from €121,995 to €143,699
- Financial charges +€18,034
up €18,034 (+48.8%), from €36,978 to €55,012
- Depreciation -€11,585
down €11,585 (-86.8%), from €13,352 to €1,768
- Taxes +€3,544
up €3,544 (+18.1%), from €19,571 to €23,116
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.
Derived cash bridge
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 | €1,969,247 | €2,062,382 | +€93,135 | +4.7% |
| Fixed assets | 21/28 | €1,817,870 | €1,816,841 | -€1,028 | -0.1% |
| Tangible fixed assets | 22/27 | €10,427 | €9,399 | -€1,028 | -9.9% |
| Furniture and vehicles | 24 | €1,932 | €0 | -€1,932 | -100% |
| Other tangible fixed assets | 26 | €8,496 | €9,399 | +€903 | +10.6% |
| Financial fixed assets | 28 | €1,807,442 | €1,807,442 | = | 0.0% |
| Current assets | 29/58 | €151,378 | €245,541 | +€94,163 | +62.2% |
| Amounts receivable within one year | 40/41 | €37,747 | €38,183 | +€437 | +1.2% |
| Trade receivables | 40 | €34,931 | €34,196 | -€735 | -2.1% |
| Other amounts receivable | 41 | €2,815 | €3,987 | +€1,171 | +41.6% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €112,381 | €106,190 | -€6,192 | -5.5% |
| Deferred charges and accrued income | 490/1 | €1,250 | €1,168 | -€82 | -6.5% |
| Total equity and liabilities | 10/49 | €1,969,247 | €2,062,382 | +€93,135 | +4.7% |
| Equity | 10/15 | €772,422 | €517,568 | -€254,853 | -33.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €771,422 | €516,568 | -€254,853 | -33.0% |
| Amounts payable | 17/49 | €1,196,826 | €1,544,814 | +€347,988 | +29.1% |
| Amounts payable after more than one year | 17 | €979,054 | €873,208 | -€105,846 | -10.8% |
| Financial debts | 170/4 | €979,054 | €873,208 | -€105,846 | -10.8% |
| Amounts payable within one year | 42/48 | €195,885 | €652,285 | +€456,400 | +233% |
| Current portion of amounts payable after more than one year | 42 | €121,648 | €135,990 | +€14,341 | +11.8% |
| Trade debts | 44 | €381 | €270 | -€111 | -29.2% |
| Suppliers | 440/4 | €381 | €270 | -€111 | -29.2% |
| Taxes, remuneration and social security | 45 | €16,910 | €16,800 | -€110 | -0.6% |
| Taxes | 450/3 | €16,910 | €16,800 | -€110 | -0.6% |
| Other amounts payable | 47/48 | €56,946 | €499,225 | +€442,279 | +777% |
| Accrued charges and deferred income | 492/3 | €21,887 | €19,321 | -€2,565 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,352 | €1,768 | -€11,585 | -86.8% |
| Other operating charges | 640/8 | €470 | €120 | -€350 | -74.5% |
| Gross operating margin | 9900 | €121,995 | €143,699 | +€21,703 | +17.8% |
| Operating profit (loss) | 9901 | €108,173 | €141,811 | +€33,638 | +31.1% |
| Financial income | 75/76B | €226,838 | €181,463 | -€45,375 | -20.0% |
| Recurring financial income | 75 | €226,838 | €181,463 | -€45,375 | -20.0% |
| Financial charges | 65/66B | €36,978 | €55,012 | +€18,034 | +48.8% |
| Recurring financial charges | 65 | €36,978 | €55,012 | +€18,034 | +48.8% |
| Profit (loss) for the period before taxes | 9903 | €298,033 | €268,262 | -€29,770 | -10.0% |
| Income taxes | 67/77 | €19,571 | €23,116 | +€3,544 | +18.1% |
| Profit (loss) for the period | 9904 | €278,461 | €245,147 | -€33,315 | -12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €278,461 | €245,147 | -€33,315 | -12.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.