NOVA ZEMBLA COMMUNICATIONS: 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 ZEMBLA COMMUNICATIONS
Largest movements
- Cash +€29,768
up €29,768 (+18.0%), from €165,331 to €195,099
mainly Net result for the year (+€28,122) and Trade debts (+€10,191)
- Tangible fixed assets -€4,869
down €4,869 (-44.5%), from €10,942 to €6,074
of which Furniture and vehicles: -€3,314
- Receivables within one year +€3,905
up €3,905 (+27.4%), from €14,229 to €18,135
of which Trade receivables: +€3,086
- Reserves +€28,122
up €28,122 (+16.8%), from €167,500 to €195,622
of which Distributable reserves: +€28,122
- Other debts -€11,658
no longer reported in 2025 (was €11,658)
- Trade debts +€10,191
up €10,191 (+1,523%), from €669 to €10,860
- Tax, wage and social debts +€3,301
up €3,301 (+212%), from €1,559 to €4,860
- Gross operating margin -€9,993
down €9,993 (-18.8%), from €53,184 to €43,191
- Financial income -€3,653
down €3,653 (-99.9%), from €3,656 to €3
- Taxes -€2,698
down €2,698 (-23.1%), from €11,674 to €8,976
- Depreciation -€863
down €863 (-15.1%), from €5,731 to €4,869
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 | €199,987 | €229,943 | +€29,956 | +15.0% |
| Fixed assets | 21/28 | €10,942 | €6,074 | -€4,869 | -44.5% |
| Tangible fixed assets | 22/27 | €10,942 | €6,074 | -€4,869 | -44.5% |
| Plant, machinery and equipment | 23 | €5,555 | €4,000 | -€1,554 | -28.0% |
| Furniture and vehicles | 24 | €5,388 | €2,074 | -€3,314 | -61.5% |
| Current assets | 29/58 | €189,045 | €223,869 | +€34,824 | +18.4% |
| Amounts receivable within one year | 40/41 | €14,229 | €18,135 | +€3,905 | +27.4% |
| Trade receivables | 40 | €13,885 | €16,970 | +€3,086 | +22.2% |
| Other amounts receivable | 41 | €345 | €1,164 | +€820 | +238% |
| Cash at bank and in hand | 54/58 | €165,331 | €195,099 | +€29,768 | +18.0% |
| Deferred charges and accrued income | 490/1 | €9,484 | €10,636 | +€1,151 | +12.1% |
| Total equity and liabilities | 10/49 | €199,987 | €229,943 | +€29,956 | +15.0% |
| Equity | 10/15 | €186,100 | €214,222 | +€28,122 | +15.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €167,500 | €195,622 | +€28,122 | +16.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €165,640 | €193,762 | +€28,122 | +17.0% |
| Amounts payable | 17/49 | €13,887 | €15,721 | +€1,834 | +13.2% |
| Amounts payable within one year | 42/48 | €13,887 | €15,721 | +€1,834 | +13.2% |
| Trade debts | 44 | €669 | €10,860 | +€10,191 | +1,523% |
| Suppliers | 440/4 | €669 | €10,860 | +€10,191 | +1,523% |
| Taxes, remuneration and social security | 45 | €1,559 | €4,860 | +€3,301 | +212% |
| Taxes | 450/3 | €1,559 | €4,860 | +€3,301 | +212% |
| Other amounts payable | 47/48 | €11,658 | - | -€11,658 | |
| Remuneration, social security and pensions | 62 | - | €341 | +€341 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,731 | €4,869 | -€863 | -15.1% |
| Other operating charges | 640/8 | €791 | €640 | -€151 | -19.1% |
| Gross operating margin | 9900 | €53,184 | €43,191 | -€9,993 | -18.8% |
| Operating profit (loss) | 9901 | €46,661 | €37,342 | -€9,320 | -20.0% |
| Financial income | 75/76B | €3,656 | €3 | -€3,653 | -99.9% |
| Recurring financial income | 75 | €3,656 | €3 | -€3,653 | -99.9% |
| Financial charges | 65/66B | €217 | €247 | +€31 | +14.1% |
| Recurring financial charges | 65 | €217 | €247 | +€31 | +14.1% |
| Profit (loss) for the period before taxes | 9903 | €50,101 | €37,098 | -€13,003 | -26.0% |
| Income taxes | 67/77 | €11,674 | €8,976 | -€2,698 | -23.1% |
| Profit (loss) for the period | 9904 | €38,427 | €28,122 | -€10,305 | -26.8% |
| Profit (loss) for the period to be appropriated | 9905 | €38,427 | €28,122 | -€10,305 | -26.8% |
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 30 October 2026 via checked.be.